In order to survive in a manipulated low-price environment, the gold producers resorted to “High-grading” some of their mines. By high-grading, the mining companies target higher ore grades in their operations to produce more metal while lowering costs. Unfortunately, this short-term band-aid comes at a cost. When the mining companies…
There is no need in trying to prove precious metals manipulation, because it’s out in the open… right in front of your eyes. However, this doesn’t stop the silly games being played by some of the well-known analysts in the precious metal community. CPM Group came out with a market…
With the release of the Royal Canadian Mint’s first quarter 2014 report, sales of silver maples increased substantially compared to the same period last year. While Silver Eagles sales in Q1 declined slightly year-over-year due to a backup at the U.S. Mint, Canadian Maple Leaf sales reported a 24% increase….
(by roguefaction) In the daily build up of the expectations of the baffled and bemused precious metals investor -now constantly whiplashed tween hope and despair -…and wherein the final breakout is always just around the corner – according to this GOFO reading, or that BACKWARDATION statistic… – we see something…
Due to the Fed’s QE policy of propping up the stock and bond markets while monkey-hammering the precious metals, the top primary miners gave away their silver at a loss in 2013. While some of the top 12 primary miners stated adjusted income gains for the year, all the companies…
Not only did the U.S. export 128 metric tons of gold in the first two months of the year, its supply deficit continues to increase. While gold exports to Hong Kong fell in February, Switzerland imported another 28 metric tons of gold during the month, more than twice the 12…