In an amazing change of events, the top primary silver miners went from making money in the first quarter of 2013, to losing over half a billion dollars in second quarter. The majority of losses came from huge impairment charges due to much lower silver spot prices during the period….
The much touted Oil Boom in the U.S. may be heading for serious trouble. Even though the EIA – U.S. Energy Information Agency and the MSM have been putting out very optimistic forecasts for a growing domestic oil supply, present data and analysis show that domestic production may indeed be…
What we are witnessing here is the disintegration of the so-called economic recovery. A great deal of effort by the FED to print, pump and prime the market seems to be losing steam. The tide has now changed as the broader stock markets decline, the precious metals have decoupled moving…
By DenaliGuide, Like feeling an earthquake while riding a bus, when you pass over a tsunami swell in a deep ocean, its remarkable. When its forced higher by the rising ocean floor, it turns into a raging tidal wave, smashing everything before it. IMO, we have passed over a GOLD…
According to the information just released by the Royal Canadian Mint, sales of Gold & Silver Maples are beating all records. Not only are Canadian Maple sales surpassing its own previous records, Gold Maple Leaf sales actually out performed U.S. Gold Eagles during the second quarter of 2013. The Royal…
The largest silver producing country in the world saw its oil production decline to the lowest level since 1995. Mexico who produced 162 million ounces of silver in 2012 is slated to increase this substantially by the end of the decade… that is, if they have the available energy to…