Precious metals investors are once again excited about silver as the price has shot up 10% in the past month. Not only has silver experienced some nice gains in July, but it has also broken out above its multi-year Symmetrical Triangle Formation. But, what is the current silver market price…
As the silver price continues to break out of its lows, two of the top primary mining companies are experiencing major production declines in the first half of the year. Mexico’s Fresnillo PLC and Peru’s Buenaventura’s top primary silver mines saw a significant decrease in production due to either falling…
While the silver price has broken above the symmetrical triangle formation, it still has a few key levels to surpass to continue its upward trend. However, it was crucial for silver to first break above rather than below the symmetrical triangle to be able to remain in a bullish direction….
After gold broke above a critical resistance level, held for the past five years, precious metals’ investors are now wondering, “what’s in store for silver?” While gold surged from $1,340 to $1,440 in just one week last month, silver only went up a mere $0.70. Thus, the Gold-Silver ratio increased…
In June, the gold price finally broke above the $1,400 level after five long years. So, who was responsible for pushing the gold price to a new high since 2013? Well, if we look at the data, it most certainly wasn’t the physical gold investor. And, according to several dealers…
In Tom’s newest update, he talks about the recent big move in gold and how Central Banks continue to acquire record amounts of yellow metal with the expectation of a future currency reset. Tom says through conversations with his contacts over the past 43 years; they have never seen anything…