The gold market is setting up for a perfect storm as the top mining producers’ supply is forecasted to decline right when demand is likely to surge. The surge in gold demand will occur as the broader stock markets roll over and begin their inevitable massive correction. Due to the…
While the Dow Jones Index and broader markets are recovering from their lows set on Friday, the worst is still yet to come. Investors need to realize that stock market indexes don’t fall in a straight line. Also, there is also the possibility that the Dow Jones Index could surpass…
With the Dow Jones Index falling 665 points today, the risk of a large market correction has just increased significantly. Ironically, I discussed the very indicators that were setting up for a huge market correction in my newest video which I recorded on Tuesday.
The world’s two largest silver mines have seen their productivity decline substantially due to falling ore grades and rising costs. Gone are the days when silver mines could produce silver at 15-20 ounces per ton. Today, the Primary Silver Mining Industry is likely producing silver at an average yield of…
Regulators in Chile ordered the permanent closure of Barrick’s Pascua Lama Gold Project on their side of the border. This is very bad news for Barrick because the majority of gold mine is located on the Chilean side of the project. The massive Pascua Lama Gold Mine straddles the border…
The leverage in the economic system has become so extreme; investors have no idea of the disaster that is going to take place during the next stock market crash. The WILDCARD in the gold market is the retail investor, which will cause panic gold buying.