Since my last video update, the silver price has consolidated to a lower level. While I wasn’t surprised to see silver continue to correct, I do believe its only temporary before it begins a new leg higher. And, if we look at the COT Report for silver, there are some…
It didn’t take long for high-flying ROKU to nose-dive after it skyrocketing more than 500% over the past eight months. ROKU, a streaming equipment provider, saw its stock price plunge 20% today after fears of increased competition from Comcast and Facebook. The deathblow to ROKU began on Wednesday as it’s…
In the past five months, Mexico’s second-largest silver mine was shut down, reopened and the recently shut down once again. Due to a new blockade at Newmont-Goldcorp’s Penasquito Mine, stemming from issues with a local trucking contractor, the company has temporarily ceased operations. Unfortunately for Newmont-Goldcorp, 2019 was supposed to…
Has U.S. shale oil production stalled? Well, it seems so. After experiencing significant growth in 2017 and 2018, U.S. shale production in the first five months of this year has remained flat. This is terrible news for the shale industry which has counted on production growth to increase cash flows…
In Tom’s newest update, he started off discussing how the premiums on silver bars and products had jumped in just the past three weeks. It’s been a while since premiums on silver bars have gone up, and with the recent increase in the price, demand has picked up. Since the…
With the silver price now experiencing a correction after running up more than $5 in the past three months, we now see more articles suggesting price manipulation as the bullion banks hammer the metals. There continues to be this notion put forth by many precious metals analysts that the bullion…