There is something seriously wrong taking place in the markets today. This is also true in the paper gold and silver markets as well. For a paper precious metals futures market to function properly, there has to be ample supplies of physical metal. However, the ongoing trend of falling precious…
The low price of silver has finally claimed is first victim. Endeavour Silver announced that it will cut silver production by 25% in 2016. The company has three mines working in Mexico and will produce 7.2 million oz (Moz) of silver in 2015. However, Endeavour plans to shut down production…
The U.S. Empire is in serious trouble as the collapse of its domestic shale gas production has begun. This is just another nail in a series of nails that have been driven into the U.S. Empire coffin. Unfortunately, most investors don’t pay attention to what is taking place in the…
Looks like something big is about to take place on the Comex as Registered Gold inventories declined a whopping 73% in one day. This is a very suprising update as Comex Gold inventories haven’t experienced much movement over the past few months. Well, this all changed today as a stunning…
There’s a coming Perfect Storm in silver as surging demand will overwhelm falling supply. The beginning stages of this storm are already forming, getting ready to converge when the conditions are right. The timing of this storm will occur as the Fed and Central Banks lose control over the massive…
The once mighty paper price setting Comex Exchange has now become a mere shadow of its former self. Before the U.S. Investment Banking and Housing Collapse in 2008, the Comex held over five million oz in its Registered Gold inventories. At the peak, it held approximately 5.3 million oz (Moz)…