According to the recently released Silver Institute 2015 Interim Report, the world experienced annual silver net deficits for 12 years running. This is surprising as the Silver Institute actually reported a small net surplus of silver in 2014. However, the small silver surplus turned into a deficit when 2014 mine…
Looks like Silver Wheaton struck it rich with its newest silver streaming agreement with Glencore. According to the deal, Silver Wheaton paid Glencore $900 million for future silver production from its share of its Antamina copper mine in Peru. Silver Wheaton receives silver from this Glencore deal at 20% of…
Rising physical silver investment demand will put a record squeeze on North American supply this year. Since 2001, the United States and Canada have experienced two opposite trends… surging official silver coins sales on the back of plummeting domestic mine supply. For example, in 2001 U.S. and Canadian silver production…
As global financial and economic systems continue to disintegrate, this will put more stress on the silver market. Why? Because elevated physical silver investment demand will likely exceed available silver supply in the future. Even though physical silver investment demand has fallen off since the huge spike starting in June,…
As the death of the world’s reserve currency grows closer, the U.S. continues to export one hell of a lot of gold. Matter-a-fact, the U.S. exported so much gold over the past three years, it suffered a deficit large enough to equal two years worth of its domestic mine supply….
The biggest scam in history continues as the U.S. Department of Treasury Bureau of Printing and Engraving floods the world with worthless fiat currency. Of course, all countries now have fiat currencies, however the U.S. Federal Reserve Note is still the world’s reserve currency. The growth of U.S. currency in…