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…
Even though the Top Primary Silver miners were able to lower costs in Q3 2013, they still recorded a loss for the group. Of the twelve silver companies in my group, only three were able to show positive gains. The results for Q3 2013 were better than the previous quarter,…
Not only is there a battle going on between the East and West when it comes to increasing physical gold reserves, there’s also a gold production war taking place amongst these same nations. Something quite extraordinary took place in 1997 which very few investors are aware. This was the year…
One way a mining company can remain profitable while dealing with much lower gold prices is by “High Grading.” However, this does not seem to be taking place as the top 5 gold producers average yield continued to decline in the first half of 2013 as gold prices fell to…