Many precious metals investors are being deceived and they don’t even know it. There is so much fraud, manipulation and deceit taking place in the economic and financial markets, its amazing the system hasn’t collapsed already. However, there is another big problem taking place in the precious metal industry that…
The U.S. Mint sold more Silver Eagles in the past two months than it has ever in the same time-period in previous years. February and March sales were so strong, they surpassed 2013’s by nearly 2.4 million. According to the U.S. Mint’s most recent update, sales of Silver Eagles in…
(by Ugo Bardi) Precious metal currency was a fundamental factor that kept together the Roman empire and gave to the Romans their military power. But the Roman mines producing gold and silver peaked in the first century CE and the Romans gradually lost the capability of controlling their resources. In…
Even though 2013 was a great year for physical precious metal demand due to manipulated lower paper prices, the top silver mining companies suffered a decline in overall production compared to 2012. Of the top six companies, the largest four stated declines, while the two smaller producers increased mine supply…
In an interesting irony, investors are purchasing record amounts Silver Eagles while the top primary silver miners continue to lose money. Not only did investors purchase the most Silver Eagles in the month of February compared to previous years, the silver/gold ratio is off the charts. In February, 2013, investors…
Many precious metal investors today are troubled by the current weakness in the price of silver and are concerned that prices could fall much lower. While the price of silver could continue to fall a bit from here, it’s more likely we will see a higher, rather than a lower…