Mining

THE FRAGILE GOLD INDUSTRY: Gigantic Equipment, Massive Capital Expenditures & Rising Costs

The gold industry has been built on the leveraging of debt and energy.  The days of using human and animal labor to produce the precious yellow metal are long gone.  While some gold is still mined the old fashion way, the overwhelming majority is produced by using colossal-sized mining equipment, massive amounts of capital, energy,…

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Constitutional Court Upholds Suspension Of Tahoe’s Mining License… Shares Fall 20%

According to unconfirmed sources, Tahoe Resources has learned that the Guatemalan Constitutional Court issued a decision yesterday to uphold the lower court’s preliminary ruling to suspend its mining license at Tahoe’s Escobal Mine.  This new ruling caused Tahoe’s shares to sell off more than 20% during trading today.  I first wrote about the trouble at…

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TOTAL WORLD GOLD & SILVER PRODUCTION: Fact vs Conspiracy

Unfortunately for precious metals investors, there continues to be a great deal of misinformation about how much gold there is in the world.  The biggest culprit that confuses precious metals investors is what I call, LOUSY CONSPIRACIES.  Those who promote these unsound conspiracies aren’t able to differentiate between FACTS and FICTION. This will be a…

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STUNNING RESULTS: Four Top Primary Silver Miners Production Plummets

In an interesting change of events, production at four of the top primary silver miners plummeted during the second quarter of 2017.  This goes well beyond normal fluctuations in mining companies production figures during different quarterly reporting periods.  The company with the least percentage decline in silver production still suffered a 20% reduction of mine…

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GOLD & SILVER MARKET: Four Interesting Developments

There are four interesting developments taking place in the gold and silver market that precious metals investors should be aware of.  While Americans continue to place all the BETS in the CASINO called Wall Street, via stocks, bonds and real estate, the EAST has been acquiring record amounts of gold and silver.  Furthermore, something interesting…

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WORLD’S 2ND LARGEST SILVER MINE SHUT DOWN: Implications For Company & Market

The world’s second largest primary silver mine, Tahoe Resources Escobal Mine, was forced to shut down operations in Guatemala by a ruling from the country’s Supreme Court.  This was due to a provisional decision by the Guatemalan Supreme court in respect of a request by CALAS, an anti-mining group, for an order to temporarily suspend…

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Prepare For Asset Price Declines Of 50-75%

What we have is a totally propped-up market based upon debt. Energy isn’t producing positive growth, really. So instead of having real economic growth, we have inflated economic growth and inflated asset values. When growth starts to decline, I think we’re going to see the valuations of assets decline considerably. It’s anyone’s guess how quickly…

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