After U.S. silver production declined nearly 20% in September (y.o.y), this continued again in October. According to the USGS Silver Mineral Industry Survey, silver production in the U.S. fell to 84.6 metric tons (mt) in October compared to 103 mt during the same month in 2014. As we can see…
If we look around the majority of the market today, not much is up besides gold and silver. Not only is the Dow Jones down big time, so are the S&P 500 and Nasdaq. Hell, even oil is lower by more than 2%. What we have here is gold and…
In a stunning development, the Comex Registered Silver inventories experienced a large one day decline yesterday. Nearly 10% of total Comex Registered Silver inventories were removed from the exchange on the last day of the year and reported on Jan 4th. According to the CME Group’s Metal Depository Statistics, 3.5…
Future Money Trends believes silver could break $50 in 2016 due to three reasons. They put together this short video detailing the reasons why the market could see a breakout in the silver price. Will it happen? That’s a good question. While I believe the value of silver will surge…
It looks like 2016 will turn out to be one interesting year. But before I start publishing new articles, here are the most popular posts for 2015. Of course, the most popular articles were on two of my favorite subjects, gold and silver. However, the most popular article by social…
The market price of gold would be considerably higher if it wasn’t for the massive stock dilution and debt in the gold mining industry. Basically, the gold mining industry issued billions of new shares and debt to help replace production and to compensate for rising costs. Thus, investors of gold…