Today the gold and silver prices surged higher as the Fed and central banks continue to prop up the global economy and financial system that suffered a massive heart attack. Today, the gold price jumped to the $1,750 level, while silver is almost back to $16. Demand for physical gold…
Now that the Peruvian Government announced an extension of the country’s state of emergency until April 26th, the world’s first and second-largest silver producers have taken 40% of global silver mine supply offline for a month. Actually, Peru first announced its national quarantine on March 15th. So, the country’s mines…
With the Federal Reserve announcing this morning that it will start buying Junk Bonds and Junk ETFs, along with its monthly asset purchases of U.S. Treasuries and Mortgage-Backed Securities, the demand for gold and silver bullion will only increase. Thus, get ready for shortages of available precious metals products to…
Investors continue to purchase a record amount of Silver Eagles. The premiums on Silver Eagles are ranging between $6.50-$10.00+, depending on the precious metals dealer. With Silver Eagle premiums ranging at these levels, investors must make sure they find the best deals. Today, the silver price shot up over $15.00,…
Due to Mexico’s Ministry of Health issuing an Executive Order for the immediate suspension of non-essential activities until April 30th, the mining industry in the country has now come to an abrupt halt. The mining industry was hoping for an exemption to the Executive Order, but was not granted one. …
With the U.S. Mint now temporarily suspended, it will become even more difficult to acquire Silver Eagles. According to James Anderson at SD Bullion, the U.S. Mint shut down its West Point Facility due to an officer testing positive for the virus. The U.S. Mint West Point facility will remain…