(by Shadow of Truth, The Daily Coin) “The path to growth is gradual but the road to ruin is rapid.” – Lucius Seneca, Roman philosopher. When the system finally starts to unravel, the speed at which it will unravel and how it takes down the fiscal economy will be breathtaking….
The folks at FreeGold (FOFOA) believe that when gold revalues to $45,000, silver would fall down to $1.85. They stated this in their recent article, FOFOA: Silver Dollar. Actually, FOFOA’s original calculation was done back in 2001, when they saw gold revaluing to $10,000 and silver down to a measly…
With the rapid fall in the price of oil, the primary silver miners production costs declined in the first quarter of 2015. How much? Well, actually a bit more than I forecasted. However, even with lower production costs, the top 12 primary miners as a group still lost money. According…
(By Shadow of Truth-TheDailyCoin) The global economic system, including and especially the U.S. economy, is starting to collapse. Negative economic reports have been continuously streaming since late last fall. Even by the Government’s own manipulated numbers, the GDP in the U.S. contracted in Q1. From the majority of the economic…
Think gold and silver will continue to be the whipping post for the banking cartel? No so fast. While the paper game continues it seems the time is running short due to the fact that the energy stored within these precious metals will soon be on the decline. Combine this…
With the last remaining company finally releasing their year-end results, my top primary silver miners lost a combined $1.9 billion in net income in 2014. Â While two-thirds of the group reported significant write-downs (impairments), Â two of the largest companies suffered the highest losses. Even though the group experienced record net…