Ever since July, there has been some interesting changes in the COMEX and Shanghai Futures Exchange silver inventories. The increase in physical silver investment demand that surged in July, had a direct impact on COMEX silver inventories. As we can see from the chart below, total COMEX silver inventories peaked…
According to the recently released Silver Institute 2015 Interim Report, the world experienced annual silver net deficits for 12 years running. This is surprising as the Silver Institute actually reported a small net surplus of silver in 2014. However, the small silver surplus turned into a deficit when 2014 mine…
Looks like Silver Wheaton struck it rich with its newest silver streaming agreement with Glencore. According to the deal, Silver Wheaton paid Glencore $900 million for future silver production from its share of its Antamina copper mine in Peru. Silver Wheaton receives silver from this Glencore deal at 20% of…
Rising physical silver investment demand will put a record squeeze on North American supply this year. Since 2001, the United States and Canada have experienced two opposite trends… surging official silver coins sales on the back of plummeting domestic mine supply. For example, in 2001 U.S. and Canadian silver production…
It looks as if 2015 will turn out to be a record year for silver investment demand. Not only will total silver bullion demand be the highest in many decades, it will account for nearly one-third of total fabrication demand. This is a huge increase when we consider less than…
As the death of the world’s reserve currency grows closer, the U.S. continues to export one hell of a lot of gold. Matter-a-fact, the U.S. exported so much gold over the past three years, it suffered a deficit large enough to equal two years worth of its domestic mine supply….