According to the USGS most recent report, the U.S. silver market experienced two significant developments in August. From the data published in the USGS August Silver Mineral Industry Survey, U.S. silver production declined significantly while silver imports surged to near record highs. First, U.S. silver production in August is down…
The notion that the gold price is based on the economics of “Supply & Demand” turns out to be incorrect as the cost of production is the leading factor. This is also true for most commodities and energy. Unfortunately, economists and most analysts in the precious metals community will continue…
As if it was a scene taken from the blockbuster disaster movie, 2012, rivers of death and destruction flowed red for over 400 miles before emptying into the Atlantic ocean as Brazil suffered its worst ecological catastrophe in history. The failure of a massive 300+ foot iron tailings dam at…
The king of base metals is in big trouble as indicators point to a breakdown of the global copper industry. This goes well beyond the typical “slowdown” or “downturn” in the copper market. Instead, we are going to witness what I refer to as “Copper Industry Carnage.” While some readers…
The financial disaster taking place at the U.S. Government costs one heck of a lot of gold and silver. I doubt many precious metals investors understand the tremendous amount of gold and silver it takes to service the U.S. debt or supplement the massive budget deficits. I was actually quite…
When the next financial crash occurs, investors need to understand which of the top four precious metals are the best to invest in. Unfortunately, there has been a great deal of faulty analysis that has mislead many investors about the fundamentals of gold, platinum, palladium and silver. I will provide…