The U.S. Economy stands at the edge of the abyss while the financial MSM debates whether or not the FED will taper in the fall. Silly analysts. Serious cracks are beginning to appear in the economy while the precious metals have now seemingly decoupled from the broader stock market in…
One of the biggest concerns gold and silver investors have is the fear that the Fed & Central Banks can keep this fiat monetary system going for a great deal of time. Fortunately, we are at the last stage of what Mike Maloney calls “The Seven Stages of Empire” explained…
There have been some interesting movements of silver at the Shanghai and Comex warehouses in the past several months. Keeping pace with its downward trend, silver continues to be drained out of Shanghai Futures Exchange ever since the April 12th price take-down. Here we can see that on April 12th,…
The primary silver mining industry is not sustainable at present market prices. Financial reports are starting to be released and by the end of the month we should have a pretty good idea on how bad the losses will be. As I stated in my previous article “The Largest Silver…
The largest silver mining company in the world just came out with their first half financial results and the figures were dismal. Fresnillo’s first half profits declined a staggering 60% compared to the same period last year. However, at current metal prices the largest silver producer in the world could…
I chatted with Sean at SGT Report about the interesting changes taking place in the precious metal inventories at the Comex and Shanghai Exchange. We also discussed why gold and silver will be some of the best stores of value and how the falling EROI was responsible for the collapse…