The folks at FreeGold (FOFOA) believe that when gold revalues to $45,000, silver would fall down to $1.85. They stated this in their recent article, FOFOA: Silver Dollar. Actually, FOFOA’s original calculation was done back in 2001, when they saw gold revaluing to $10,000 and silver down to a measly…
With the rapid fall in the price of oil, the primary silver miners production costs declined in the first quarter of 2015. How much? Well, actually a bit more than I forecasted. However, even with lower production costs, the top 12 primary miners as a group still lost money. According…
(By Shadow of Truth-TheDailyCoin) The global economic system, including and especially the U.S. economy, is starting to collapse. Negative economic reports have been continuously streaming since late last fall. Even by the Government’s own manipulated numbers, the GDP in the U.S. contracted in Q1. From the majority of the economic…
As it pertains to silver, something big is taking place in India. While investors were amazed by the massive volume of Indian silver imports last year, 2015 may turn out to be a real whopper. Indians are buying so much silver, they are on track to surpass 2014’s record by…
The amount of fraud taking place in the major banks throughout the world is staggering to say the least. Ironically, the only market that isn’t manipulated, is the silver market… so they say. To make it seem as if the regulators are on the ball, many of the major banks…
While demand for U.S. Silver Eagles declined somewhat during the first quarter of 2015, the Royal Canadian Mint sold the most Silver Maples ever. The U.S. Mint sold 12.1 million Silver Eagles in the first quarter of 2015 compared to 13.9 million during the same period last year, a decline…