The rate at which black swans are showing up in the world should scare the hell out of people. But, unfortunately, everyone seems to be lost in the highly complex technology of I-phones, computers, social media, and the telly to notice that something is definitely wrong. The current situation reminds…
Global silver supply is heavily dependent on one factor that is overlooked by the majority of precious metals analysts. For some odd reason, analysts only consider the cost of this factor and not the future supply. Without this supply, 98% of the silver production from these two primary silver mines…
The U.S. Treasury printed another $243 billion worth of paper money in 2018, with the majority being issued as $100 Federal Reserve Notes. What’s interesting is that the Reserve Banks estimated the number of notes they were going to remove from circulation and destroy accounted for 75% of the U.S….
Since my last video update, the silver price has consolidated to a lower level. While I wasn’t surprised to see silver continue to correct, I do believe its only temporary before it begins a new leg higher. And, if we look at the COT Report for silver, there are some…
In the past five months, Mexico’s second-largest silver mine was shut down, reopened and the recently shut down once again. Due to a new blockade at Newmont-Goldcorp’s Penasquito Mine, stemming from issues with a local trucking contractor, the company has temporarily ceased operations. Unfortunately for Newmont-Goldcorp, 2019 was supposed to…
In Tom’s newest update, he started off discussing how the premiums on silver bars and products had jumped in just the past three weeks. It’s been a while since premiums on silver bars have gone up, and with the recent increase in the price, demand has picked up. Since the…