(The Hill’s Group) “Gold mines usually don’t run out of gold, and tin mines usually don’t run out of tin, but they are often shut down. They close their doors and go out of business. That is because the quality of the ore remaining fell too low for them to…
If the market has finally experienced a peak in world silver production, this warns of higher prices in the future. In addition, the global silver market suffered another large net supply deficit in 2016. These factors point to a big upcoming trend change in the future silver market. The Silver…
According to the USGS most recent report, the U.S. silver market experienced two significant developments in August. From the data published in the USGS August Silver Mineral Industry Survey, U.S. silver production declined significantly while silver imports surged to near record highs. First, U.S. silver production in August is down…
The notion that the gold price is based on the economics of “Supply & Demand” turns out to be incorrect as the cost of production is the leading factor. This is also true for most commodities and energy. Unfortunately, economists and most analysts in the precious metals community will continue…
As if it was a scene taken from the blockbuster disaster movie, 2012, rivers of death and destruction flowed red for over 400 miles before emptying into the Atlantic ocean as Brazil suffered its worst ecological catastrophe in history. The failure of a massive 300+ foot iron tailings dam at…
The king of base metals is in big trouble as indicators point to a breakdown of the global copper industry. This goes well beyond the typical “slowdown” or “downturn” in the copper market. Instead, we are going to witness what I refer to as “Copper Industry Carnage.” While some readers…