It didn’t take long for the hoards of zombie bank analysts to come out with their bearish precious metal forecasts now that the price of gold and silver are down 25% and 40% respectively since the beginning of the year. Coming straight out of the bankers play-book, it looks like…
There still seems to be a great deal of confusion about the true cost to mine silver. After I wrote my article “Can the Primary Miners Survive $18 Silver”, I received a lot of replies that were all over the place. By that I mean, there seems to be no…
(GoldSilver.com): This is a must see video even for the experienced gold and silver investor. The most important part of the video in my opinion is the understanding of the “Store of Value” component of gold and silver. Mike Maloney does a great job explaining the difference between currency and…
Thanks to the wonderfully functioning rational markets that we have today, at current silver prices virtually all of the primary miners are now below net income break-even. I say this with a great deal of sarcasm because in fact there is nothing rational about the markets today. It becomes increasingly…
As the Indian Government exercises additional steps to curtail gold imports into the country, China plans to take up the slack by becoming the largest gold consumer in the world in 2013. Already, Indian gold imports are starting to decline. According to the Bloomberg article, Gold Imports by India Seen…
(Alhambra Partners): Thus the recent gold price crash was met largely with glee and gloating among the professional economist cohort as evidence of central bank success in not only initiating “normal” financial conditions but refutation of monetary critics. For this view, gold prices in 2013 represent the same as gold…