Articles by SRSrocco

Market Intervention Crushed Profit Margins At Largest Primary Silver Mining Producer

The profit margin trend at the world’s largest primary silver mining company has experienced a rapid decline over the past several years.  Fresnillo PLC in Mexico, is the largest primary silver mining company in the world.  Last year, Fresnillo PLC produced 47 million of silver and 762,000 oz of gold….

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The U.S. Empire Would Have Collapsed Decades Ago If It Didn’t Abandon The Gold Standard

The U.S. will never go back on a gold standard.  The notion that a U.S. Dollar backed by gold would solve our financial problems is pure folly.  Why?  Because, if the U.S. Empire didn’t abandon the gold standard in 1971, it would have collapsed decades ago. Unfortunately, some of the…

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Bundesbank Hauls its Gold back from New York & Paris Faster than Planned

(By Wolf Richter) A “trust-building” measure after an enormous hullabaloo. “In 2016, we brought back again substantially more gold to Germany than initially planned; by now, nearly half of the gold reserves are in Germany,” Bundesbank President Jens Weidmann told the German tabloid Bild in what has become an annual…

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