Ever since the take-down of the price of silver in April, silver warehouse stocks have been declining in a large way at the Shanghai Futures Exchange. At the peak on April 12th, the Shanghai Futures Exchange held 1,124 tonnes of silver at its warehouses. However, just six weeks later, 360…
There still seems to be a great deal of confusion about the true cost to mine silver. After I wrote my article “Can the Primary Miners Survive $18 Silver”, I received a lot of replies that were all over the place. By that I mean, there seems to be no…
(GoldSilver.com): This is a must see video even for the experienced gold and silver investor. The most important part of the video in my opinion is the understanding of the “Store of Value” component of gold and silver. Mike Maloney does a great job explaining the difference between currency and…
If the present trend of large monthly silver imports continues, Indian may be setting up for a record year in 2013. According to industry sources, Indian has already imported 2,400 tonnes of silver in the first 5 months of 2013 compared to 1,900 tonnes for the entire year in 2012….
Thanks to the wonderfully functioning rational markets that we have today, at current silver prices virtually all of the primary miners are now below net income break-even. I say this with a great deal of sarcasm because in fact there is nothing rational about the markets today. It becomes increasingly…
As the paper price of gold falls even lower due to market manipulation, gold continues to bleed from the COMEX Warehouse stocks. Today, another 156,310 ounces were removed from the Customer inventories. What is even more interesting is how much gold has been removed from the COMEX since the beginning…