The key driver of the future silver price is discussed in my interview with Turd at TFMetals Report. Most precious metal analysts focus on either technical analysis, market fundamentals or the debt based fiat monetary system as clues to where the price of silver is heading in the future. However,…
While the global financial system remained subdued in the first quarter of 2015, the U.S. Gold Market still suffered a large trade deficit. Matter-a-fact, the U.S. Gold Market deficit in 2015 may surpass its full-year shortfall in 2014 by a wide margin. Furthermore, with the heightened financial turmoil stemming from…
Something quite interesting took place on Friday last week. The U.S. Mint updated its figures showing sales of its Gold Eagles surged to a level not seen for more than a year. Sales of Gold Eagles have been strong ever since the financial turmoil in Europe increased significantly with the…
As the situation in the global financial system deteriorates, large U.S. buyers continue to stockpile silver. How do I know this? Well, according to the most recently released USGS data, U.S. silver imports surged even higher in April. How much? Let’s look at the chart below: As we can see,…
The situation in the silver market seems to point to the beginning stages of a GLOBAL RUN ON SILVER. I say, “it seems to point to a RUN on silver” due to several indicators I am looking at. This also may force the global silver market to suffer shortages in…
The World’s largest silver producer saw its production decline significantly in April. According to Mexico’s INEGI – National Institute of Statistics and Geography, Mexico’s silver production dropped a stunning 12% in April compared to the same month last year. Looking at the chart below, we can see Mexico’s silver production…