With silver surging another $1.70 today, the NEW BULL MARKET now seems to be intact. Not only did silver jump by another 7% today, gold climbed by more than $41 by the end of trading. Gold closed at a new all-time high of $2020. The primary gold and silver mining…
The global contagion that negatively impacted the oil industry couldn’t have come at a worse time for ExxonMobil. After the company increased its long term debt by $12 billion over the last year, ExxonMobil may have to borrow even more money to continue paying dividends and capital expenditures (CAPEX). The…
Something quite interesting took place in the silver market last week. There was a remarkable change in the dynamics controlling the silver market, indicating much higher prices to come. In my newest video update, I explain the positive changes not seen since silver was racing up towards $50 in 2010-2011….
According to the data released by Mexico and Peru’s governmental mining data, domestic silver production continued to be depressed in May. Interestingly, the production data just released from Mexico’s INEGI shows that the country’s silver production in May was even less than what they reported for April. I first wrote…
While there is a lot of volatility in the silver price during early U.S. trading, where it closes today will likely set the trend for next month. For silver to remain in a bullish trend, it was necessary to hold a key support level during Asian trading last night and…
With silver up 30% for the month, the shiny metal is now back on the Mainstream Media Radar. Yeah, it’s been seven long years since silver traded at $24, but now it looks as if it is just in the beginning stages of a new Bull Market. Last Friday, CNBC…