The Primary Silver Miners lastest results were quite dismal as their All-In Sustaining Costs to produce silver were considerably higher than the market price. Many of the silver miners production costs increased in the third quarter of 2018 due to higher energy, material, and labor costs. Only one silver mining…
To the surprise of many investors, the precious metals have rallied while the broader markets continue to sell-off. Currently, both gold and silver are solidly in the green while the major indexes were all the red following a huge sell-off yesterday. The Dow Jones Index has lost nearly 1,000 points…
Demand for the U.S. Mint Silver Eagles spiked again at the end of the September pushing sales nearly to three million. In a little more than a week, Silver Eagle sales jumped from 1.9 million to 2.9 million, nearly doubling from the previous month. Sales of Silver Eagles in August…
Central Banks have become big players in the gold market and now control 10% of the total market demand. Now, this wasn’t always the case. Just ten years ago, the Central Banks were main suppliers via their policy of dumping gold into the market. However, the Central Bank strategy to…
The sales of Silver Eagles surged in September as the U.S. Mint removed their temporary supply restriction. As the silver price continued to trend to new lows at the beginning of the month, several large purchases of Silver Eagles by the Authorized Dealers wiped out the inventory at the U.S….
The question on the minds of many investors, is which of the precious metals will be better investments during the next market crash? I should know because I receive this question in my email box quite often. So, I decided to test the price action of several metals and how…