In Tom Cloud’s newest precious metals update he discusses several topics and questions from clients. He starts off with how the falling value of the U.S. Dollar will positively impact the metals, the gold-silver ratio, why Hungry is now acquiring gold at its central bank, and what is a good percentage of gold-silver…
Sales of the U.S. Mint’s Silver Eagles continued to be strong in the first few days of April. With the most recent update from the U.S. Mint, Silver Eagle sales are on track to surpass Jan-Apr 2020 figures by a wide margin. Of course, the U.S. Mint suspended operations in April last year…
Even though the premiums for Silver Eagles are still quite high, U.S. Mint sales this month continue to be RED HOT. In just five days, the U.S. Mint sold another 850,000 Silver Eagles. In March, sales of Silver Eagles already surpassed last month’s total by 110,500, and there is still another week remaining…
The silver price is setting up the same fundamentals that pushed the palladium price up by five times over the past several years. While industrial demand was the overwhelming factor that caused the palladium price to skyrocket to over $2,500, investment demand will be the leading driver for the silver price…
During the first three months of the year, Gold and Silver Eagle sales reached new highs as investors, concerned about the U.S. Government’s massive stimulus and debt increases, purchased record numbers of the official coins. Already, sales of Silver Eagles surpassed last year’s figures for the same period, and there…
Why does JP Morgan’s SLV ETF continue to bleed silver?? I discuss this and many other topics with Tom at Palisades Radio. Also, will the continued “Shortsqueeze campaign” bring in more investors and higher prices?? It could. However, even if it doesn’t the mid to long-term fundamentals for silver…
With the results finally out, the top Silver Mining Industry’s average yield fell to the lowest level ever. While the pandemic shutdowns reduced overall silver production significantly, it didn’t impact the ore grades all that much. Since 2005, the top seven silver mining companies and mines saw their average yield…
