After Barrick released its earnings today, the stock price jumped by 7.5%. Investors pushed Barrick’s share price higher not on increased production or lower costs, but rather on an increased dividend and notice of a $1 billion share buy-back program. So, it seems that Barrick is now flush…
The ongoing global energy crisis and coming Energy Cliff will push the gold price to new highs. This is not a matter of if, but rather a matter of when. And, if we look at the energy data, the “when” seems to be fast approaching. Thus, precious metals investors need to understand…
I talked with Jim and Ivan at WallStreetSilver on CPM Group’s misleading statements on the primary silver mining industry’s falling ore grades and resource depletion. It seems that the CPM Group believes the Silver Miners voluntarily decided to go to lower ore grades…
On this Happy New Year’s Eve, I decided to post a short YouTube video update on my response to CPM Group’s stance on the Primary Silver Mining Industry’s falling ore grades. The CPM Group posted on Twitter that silver ore grades fall when prices rise…
Yes, it’s true. The largest silver-producing countries in the world have the lowest reserve life remaining. And, when I say… LOW, it isn’t decades worth of silver reserves; rather, it’s a matter of years. This may sound quite unbelievable, but that is exactly what we find…
Shhhhhh… don’t tell anyone, but world silver production is running up against unsustainable supply levels. While we could see global silver production increase in the next few years, this is not something that will continue to grow for much longer. The world is producing more than 100 times the annual…