While the Dow Jones Index and broader markets are recovering from their lows set on Friday, the worst is still yet to come. Investors need to realize that stock market indexes don’t fall in a straight line. Also, there is also the possibility that the Dow Jones Index could surpass…
With the Dow Jones Index falling 665 points today, the risk of a large market correction has just increased significantly. Ironically, I discussed the very indicators that were setting up for a huge market correction in my newest video which I recorded on Tuesday.
The world’s two largest silver mines have seen their productivity decline substantially due to falling ore grades and rising costs. Gone are the days when silver mines could produce silver at 15-20 ounces per ton. Today, the Primary Silver Mining Industry is likely producing silver at an average yield of…
Regulators in Chile ordered the permanent closure of Barrick’s Pascua Lama Gold Project on their side of the border. This is very bad news for Barrick because the majority of gold mine is located on the Chilean side of the project. The massive Pascua Lama Gold Mine straddles the border…
The leverage in the economic system has become so extreme; investors have no idea of the disaster that is going to take place during the next stock market crash. The WILDCARD in the gold market is the retail investor, which will cause panic gold buying.
While the gold mining industry reports energy as only 15-20% of its total production costs, the total amount is much higher. The market underestimates the amount of energy consumed by the gold mining industry because of the way it is listed in their financial statements…