The results are now in, and the Top Primary Silver Miners’ cost of production hit a new record high in Q2 2024. Even the largest silver mining company in the world saw its costs increase significantly. This means we have a new higher floor in the silver price…
While oil prices remain weak, U.S. petroleum inventories fall to five-year lows. This divergent trend can’t continue much longer. Also, I was surprised to see such a large build in the SLV Silver inventories since June…
With the U.S. unemployment rate finally rising, it looks like the recession has finally arrived. This will likely lead to a broader market selloff, which will bring down other assets with it, especially Bitcoin, as the carnage continues this weekend…
What a strange and bizarre weekend. First, there was public outrage over the “Trans-version of the Last Supper” during the opening ceremonies at the French Olympics. Then, there was Presidential Candidate Donald Trump, promising that the United States would become the Bitcoin Superpower of the world…
While the United States added a record amount of new Solar PV capacity last year, it pales in comparison to the Chinese Solar Behemoth. The numbers were literally off the charts, which is why there was a huge increase in global industrial silver consumption in 2023…
After the BIG moves UP & DOWN in the broader markets and gold last week, what’s next? With gold and silver being oversold on the short-term chart, a bunch higher is likely on Monday-Tuesday. Also, there was a significant change in the Gold COT Report that you will find interesting…