For the first time ever, this silver market dynamic has the Federal Reserve and Central Bankers extremely concerned. While gold may be the most important sound monetary asset on the central bank balance sheet, they hold relatively little silver. Thus, the majority of investment silver held in the world is…
MAG Silver is one of the very few high-grade silver projects that will reach commercial production by the end of 2021. MAG Silver is anticipating annual production of 12 million oz per year over the twelve-year period, but will produce approximately 17 million per annum for the first five years…
The Silver Market is just one step away from another MASSIVE BUYING WAVE and is just waiting for the next leg to drop in the global economy and financial system to do so. With silver investment demand to account for nearly 75% of the global mine supply this year, if…
Something quite amazing took place in the silver market during September. What was it? Let’s just say that one of the largest consumers of silver in the world saw its purchases totally dry up while another market experienced continued strong demand. Actually, I was quite surprised by the record divergence…
Several bank analysts predict a substantial decline in the U.S. Dollar Index next year, which is very positive for the gold price. If we consider where the gold price is currently trading and factor in the decline in the U.S. Dollar Index next year, we could see another big…
In my newest Gold & Silver market update, I discuss the short-term technicals on the precious metals and what they reveal as a possible trend over the next several weeks. Both gold and silver are setting up into some interesting triangle technical formations. While silver is forming a weekly…