(by Charles Savoie) We all know that the end of COMEX price rat-holing of gold and especially silver has a more limited life now than ever before. Have you wondered what will be the response of the President and Treasury Secretary might be? In the last century we’ve seen the…
The Primary Silver Mining Industry continues to suffer from manipulated low metal prices. Although, the prices of the precious metals finally turned around and are trading higher today as the broader markets get hammered — a welcome change. According to company results, the top 12 primary silver miners (in my…
The market reacted to the big drop in the paper price of silver by a huge increase in Silver Eagle purchases. September was turning out to be a much stronger month compared to July and August even before the last update of the month. On Monday, the U.S. Mint reported…
Something is brewing in the gold market as U.S. Gold Eagle sales hit a record this month. This is a very interesting trend change as sales of Gold Eagles were sluggish for most of the year. Matter-a-fact, Gold Eagle sales in September are the second highest for the year. If…
The values of gold and silver would be substantially higher if it wasn’t for the massive derivatives market. Americans have no idea that the Derivatives Monster destroyed the ability for the market to properly value physical assets, commodities and the precious metals. I would imagine very few people could state…
As the manipulated paper price of silver heads lower, so are the silver inventories as the Shanghai Futures Exchange. The silver stocks hit an all-time low today as the price of silver trades in the $17 range. At the peak, the Shanghai Futures Exchange held 1,143 metric tons of silver. …