As the price of silver fell to a new low in November, India imported a record amount of the shiny metal. Demand for the physical metal was so strong, India nearly imported the same amount of silver in November than it did for the entire year in 2009. Koos Jansen…
Global silver mine supply this year may turn out to be less than the official estimates. GFMS released their 2014 Interim Report stating world silver mine supply is forecasted to increased 3.5% to 868 million oz (Moz) in 2014. They included a world map in their report showing the net…
According to the USGS most recent data, total U.S. gold exports increased significantly in September. Not only did U.S. gold exports surge in September, they were 70% higher than the previous month. This was probably due to increased demand as the price of gold declined $80 during the month. U.S….
(by Charles Savoie) — The commodity markets are controlled by Wall Street and London banking interests, frequently to the detriment of commodity producers. At the top of this pyramid, for over a century—are Pilgrims Society members, suppressing precious metals! This they have done to facilitate buying land and real assets…
The current price of silver should be $50 an ounce, based on the historic 1960’s oil-silver ratio. Unfortunately, this is not the case as the world has siphoned the majority of its wealth into the highly leveraged financial paper industry… one that has no future. When the world was based…
After the U.S. Mint updated its bullion figures on Monday, 2014 Silver Eagle sales reached a new annual record surpassing last years total by nearly 200,000. Not only was 2014 a banner year for world’s most sought after official coin, the Silver-Gold Eagle ratio also hit a new record high….