By the close of trading today, it will set the short-term trend for the silver price. If this technical indicator is positive, silver will likely continue higher tomorrow. However, if it turns out to be a negative indicator by the end of the day, then it will point to a…
The long-awaiting day has finally arrived. After five long years, silver has finally reached its previous high of $21 set back in 2016. So, now that the silver price has reached and broken through the $21 level, what’s next for investors? Before I show the charts, let me clarify the…
Pan American Silver announced today the suspension of two of its silver mines in Peru due to several workers testing positive for the COVID-19 virus. The two silver mines in Peru accounted for 6.3 million ounces of silver output for Pan American Silver in 2019. It’s not clear if Pan…
An interesting dynamic is taking place in the precious metals bullion market. While the premiums for Gold Eagles have fallen back to near-normal levels since the global pandemic hit during mid-March, Silver Eagle premiums are still close to their highs. According to GoldChartsRUs.com, using Monex’s prices for Gold and Silver…
Get ready. The world is just beginning to learn about silver. With so very little physical bullion silver stocks in the world, when investors finally get “Precious Metals Religion,” who knows how crazy the price can go. This isn’t hype… just plain old fashion common sense, logic, and fundamentals. Silver…
How can an electric car be called “Green” when it contains more than 700 pounds of plastic?? Electric vehicle (EV) manufacturers are using more plastic to lower the weight of the car due to the massive battery used, weighing more than 1,000 pounds. Unfortunately, plastic is still made from petrochemicals,…