While there is a lot of FAKE NEWS in the media, I decided to discuss some of the Fake News that is taking place in the precious metals industry. In this update, I cover what I believe are Two Fake News events taking place, but this is only the Tip of a massive Iceberg….
Is the United States natural gas market heading into a supply deficit by the end of the year? And why do I believe the next six months will be Critical for Bitcoin but not precious metals? What happens to Bitcoin could have a direct and positive impact on gold and silver…
It’s about time I shed some light on our very own Precious Metals Industry. Unfortunately, a large percentage of our industry either overcharges clients or commits deceit or outright fraud. The irony is that many individuals defend those taking advantage of them…
The cost to produce silver by the leading primary mining companies hit a new record high in Q2 2024. Even the second largest silver producer in the world, Copper Miner, KGHM Polska Miedz, reported a dismal 6% profit margin.
If there is one chart you need to see, it is the Copper chart, especially when you compare it to the broader markets and silver. While the notion that the Green Energy transition would push the copper price to new highs, we are seeing the exact opposite… WHY…
The results are now in, and the Top Primary Silver Miners’ cost of production hit a new record high in Q2 2024. Even the largest silver mining company in the world saw its costs increase significantly. This means we have a new higher floor in the silver price…