The cost to produce silver at the world’s largest primary silver mining company is much higher than the market realizes. In this update, I provide my analysis of Fresnillo’s silver costs for the first half of 2022 and why they are much higher than the AISC – All In Sustaining Costs shown by the industry…
It amazes me how the market fails to realize that the global oil industry is sleepwalking over the ENERGY CLIFF. Instead of being deeply concerned about our future, investors believe this is a temporary energy crisis solved by just investing more money in finding oil. And… it’s even worse than that…
Investors who believe this is a beginning of a new bull market in stocks will be in for a rude awakening when the next wave of SELLING kicks in. We are experiencing a typical Bear Market Rally that is pulling in lots of Suckers. Add this to the fact that the U.S. has reached the Energy Cliff, and we have a recipe for disaster…
With the world consuming five times more oil than it is discovering, Peak Oil and Peak Gold have finally arrived. However, the world hasn’t figured this out yet, but it will. And, when it does, we will see much higher prices for precious metals in the future. Why? Peak oil equals peak gold and peak silver production…
Yes, it’s true… higher energy and material costs are also negatively impacting the mid-cap gold mining stocks. Unfortunately, many gold mining investor relations departments tend to paint a rosier picture to investors than meets the eye. If we dig into the details, we find that costs are increasing throughout the mining industry…
There are some very interesting things taking place in the silver market. One rumor is that a Texas Billionaire has purchased $50 million worth of Silver Eagles. Well, it wasn’t quite that much as a recent interview explains that it was half investing in gold and silver. Also, we are seeing a lot of silver leave the LBMA inventories…