The gold mining industry literally devours energy to produce an ounce of gold. In the past decade, fuel consumption at the top gold miners more than doubled, but the actual energy cost grew at a much higher rate. The huge increase of diesel consumption at the top 5 gold miners…
Chinese silver inventories grow increasingly tight as stocks at the Shanghai Futures Exchange continue to fall to record low levels. It is truly amazing to watch how much silver inventories declined at the Shanghai Futures Exchange since March of 2013. It’s important to understand that the Shanghai Futures Exchange as…
(by Hugo Salinas Price) The Powers That Be in the US and its allies seem to be committed to keeping the price of gold below $1320US/oz. Is the US control of the price of gold bad for China? It would appear that since China is purchasing large amounts of gold,…
This is a video on the coming silver shortage by CrushTheStreet.com, the same folks who run FutureMoneyTrends – FMT. Dan at FMT, was actually my first interview back in July of last year. If you haven’t seen my interview with Dan, you can see it at the LINK HERE. Dan…
While the average price of silver remains at a multi-year low, there are several indicators pointing toward a much higher price by the end of the year. Currently, the average price of silver so far this year is $20.17, a few cents less than the $20.19 set in 2010. I…
(by Charles Savoie) Nothing is as great a danger to gold and silver investors as The Pilgrims Society. Across the years, not only has The Pilgrims Society, with its twin branches in the world‟s top two international banking districts—London and New York, featured as members, unknown to the gold and…