According to the figures in the 2016 World Silver Survey, Americans now lead the world in physical silver investment. This is quite an interesting change as India has been the number one market for silver bar demand in the past. For example, Indians purchased more than 100 million oz (Moz)…
Last month a new company announced that it would produce a vehicle that would totally revolutionize the U.S. transportation industry. It was Nikola Motors located in Salt Lake City, Utah. Not only does the company plan on producing the vehicle in large numbers, it has already pre-sold $2.3 billion of…
The event that will transform the Silver Market is when BIG MONEY finally moves into the sector in a BIG WAY. Even though the precious metals prices experienced new highs in 2011, this was due to only a small fraction of investor demand. The overwhelming majority of investors were still…
With leading indicators pointing to a decline in economic activity, U.S. silver imports surged in March. How much did U.S. silver imports increase? They jumped by nearly 20% compared to the previous month. If we take a look at the chart below, we can see how much U.S. silver imports…
During this week’s precious metals update, Tom Cloud discusses what it was really like during the Hunt Brothers silver buying spree and the 1980’s Silver Mania. Tom also answers several questions about the silver retail market and shares what precious metals products his big clients have been buying. Tom also…
Something very interesting took place in the COMEX Registered silver inventories last week. There were two very large transfers of silver from the Registered to the Eligible category. What makes these two large withdrawals so interesting is that the Registered silver inventories are now at a record low. The first…