Even though the silver price hasn’t increased that much this past month, the top Global Silver ETFs saw their metal inventories surge higher in October. After the silver price fell to a low of $22 on September 24th and bounced higher to $24-$25, investors continued to move into the Silver…
It looks like demand for Silver Eagles hasn’t subsided as the U.S. Mint sold nearly another million since last week. Total Silver Eagle sales for October have now surpassed September, and there are still three more days remaining in the month. Not only are October Silver Eagle sales higher than…
What an interesting day as the broader markets are selling off while the precious metals and mining stocks are holding up rather well. Unfortunately, the oil price is back in the $38 level which is destroying the value of shale oil stocks. I’d imagine Concho Resources is quite happy today…
Is Pan American Silver or First Majestic a better quality stock to own? How many investors really know the answer? Unfortunately, most investors have no idea because most of the mining stock analysis tends to be more short-term or superficial. To understand these top primary silver miners’ values, we…
In a never-before-seen chart, the world’s largest mining companies’ amount of fuel consumption would equal a staggering amount of human workers. Unfortunately, there aren’t enough people on the earth to provide the same amount of energy consumed as fuel by the top miners. Not even close…
What do the technicals say about the precious metals prices over the short term?? Well, if we look at a few indicators, they point to a short-term correction lower before setting up for the next leg higher. When will that next LEG HIGHER begin?? That depends a great deal upon…