With the lack of availability of precious metals retail bullion products, the premiums for gold and silver coins-bars continue to be quite elevated. Depending on the dealer, 2020 Silver Eagle premiums are still ranging between $7.5 and $13. Thus, the Silver Eagle premiums are between 47-81% of the spot price,…
The majority of analysts still don’t understand that gold and silver are based on two different price or value functions. To understand the future forecasts for precious metals, investors need to the difference between the two value functions. In my newest video update, Important Factors Impacting Gold & Silver Price…
One of the top primary silver mining company’s is now breaking even producing silver. Pan American Silver just released its Q1 2020 Report surprising analysts by posting a net loss of $77 million. However, if we go by the company’s “Adjusted Earnings,” Pan American Silver reported a $7.6 million loss. …
According to a new report released by GlobalData, the global contagion impacted silver production the most while gold mine supply fared the best. The two largest silver producing countries, Mexico and Peru, have issued temporary shutdowns lasting nearly two months. Peru, which started its lockdown on March 15th, extended it…
Gold Eagle sales surged in March and April as investor concerns of the global contagion spread to the United States. Demand for Gold Eagles in February fell to only 7,000 oz but surged to a record monthly high in March. The U.S. Mint sold 151,000 oz of Gold Eagles in…
The global meltdown will turn into an economic depression in which few are prepared. The mainstream financial media focuses on the highly inflated stock rally and safety in the bond market, while the underlying fundamentals of the economy continue to disintegrate. However, “Earnings Season” is getting ready to start… so…