This is a very important precious metals update by Tom Cloud. Tom discusses important trend changes that will impact the gold market going forward. One of the trend changes is that China will announce within the next month for the SDR – Special Drawing Rights (IMF) its gold and Dollar…
As the precious metals prices surged this year, so did U.S. petroleum inventories. While rising gold and silver prices are a positive sign for the precious metals industry, the surging U.S. petroleum stocks are extremely negative. However, the prices of the metals and energy are currently not trading based on…
The BREAKDOWN of the U.S. Market is now reaching Main Street. While the Fed and Central Banks continue to prop up the markets by purchasing Stocks, Bonds and everything including the kitchen sink, Americans are feeling the pain in many ways. I discussed this with Financial Industry expert Vic Patane. …
The U.S. and world are heading toward an accelerated breakdown of their economic and financial markets. Unfortunately, the overwhelming majority of analysts fail to understand the root cause of this impending calamity. This is also true for the majority of precious metals analysts. The reason for this upcoming systemic collapse…
The global economic and financial system is in much worse shape than I originally thought. New data and information suggest that the collapse will occur much quicker and with more dire results. This will cause global silver production to literally fall off a cliff within the next decade. Again, this…
It looks as if the TIDE HAS TURNED as one of the industry’s large silver producers finally reported its first profit after three long years. Coeur Mining reported a $17.3 million adjusted income profit in Q2 2016 compared to an $11 million adjusted loss in the previous quarter. This is…