News

Primary Silver Producer’s Most Profitable Mine Closed Indefinitely As Reserves Depleted

Endeavour Silver’s most profitable mine will be shut down indefinitely by the end of November due to the exhaustion of mineral reserves.  All employees will be laid off, and the mine will be put on care and maintenance.  The El Cubo Mine will continue milling operations for a week in…

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Greed Driving Broader Markets Today, Fear To Spark Precious Metals Fireworks In The Future

With the Fed propping up the entire market and extreme greed driving the stock indexes to new highs, investors have lost interest in the precious metals, for the moment.  However, I am not surprised.  What is taking place in the overall markets is precisely what I forecasted back in September….

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TROUBLE AT MIGHTY EXXONMOBIL: Record Number Of Shale Wells While Permian Oil Production Remains Flat

There’s trouble brewing in the U.S. largest oil company while most investors remain in the dark.  ExxonMobil added a record number of wells in the Permian during the first three quarters of 2019, only to see the company’s oil production plateau.  What a difference in a year when Exxon bragged…

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