The world’s second-largest silver producer saw its mine supply fall by one-third due to lockdowns stemming from the global contagion. When the Peru Ministry of Mines released its metals production figures last month for April, the country’s domestic silver mine supply fell by a stunning 74%. Then on July 3rd,…
With Mexico finally releasing its mine supply data for April, the top two silver producers saw their combined silver output decline by 53%. To give you an idea of the amount of lost silver mine supply from Mexico and Peru, it was more than all the global gold production that…
With the data now finally out, Peru’s silver mine production collapsed in April. Due to the shutdown of a large portion of Peru’s mining industry, as a result of the global contagion, the impact on the world’s second-largest silver supply was enormous. While I had mentioned in previous articles that…
Few investors realize that the fundamentals for silver continue to improve each and every day. Unfortunately, the bullish case for owning silver is lost in a market that has gone utterly insane trading high-flying over-leveraged tech stocks and other assorted financial garbage assets. This is the way of the world…
The era of high-grade silver mines may be coming to an end. Remarkably, the top primary silver miners’ average yield fell to the lowest ever in 2019. Which begs the question, will high-grade silver mines become extinct in the not-so-distant future? Well, if we look at the data, it seems…
They say the exploding gold price over the past two decades was due to inflation, money printing, and the exponential increase in debt. While these have likely impacted the gold price, one aspect that is totally overlooked by the precious metals analysts is the most important factor called ENERGY. Yes,…