CPM GROUP Drops The Ball On Silver Mining Industry’s Falling Ore Grades

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Posted by SRSrocco in Free Members, Mining, Precious Metals, Tom Cloud, Videos on December 31, 2021 — 8 comments

On this Happy New Year’s Eve, I decided to post a short YouTube video update on my response to CPM Group’s stance on the Primary Silver Mining Industry’s falling ore grades.  The CPM Group posted on Twitter that silver ore grades fall when prices rise.  While this is partially true, the CPM Group seems to ignore the ongoing “Resource Depletion” taking place in not only the silver mining industry but in all metals’ production.

Please share this video with other precious metals investors via the Youtube link or on Twitter.

Happy New Year!!

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8 Comments on "CPM GROUP Drops The Ball On Silver Mining Industry’s Falling Ore Grades"

  1. DisappearingCulture | December 31, 2021 at 2:30 pm |

    Thank you; happy new year!

  2. AndreasVienna | December 31, 2021 at 10:40 pm |

    Thank you, Happy New Year to Steve and his disciples!!

  3. The Alchemist | January 1, 2022 at 12:22 am |

    Thank you Steve,
    Happy new year to all !
    🐞

  4. Plata Pura | January 1, 2022 at 8:06 am |

    I thought we reached peak silver in 2015.

  5. Plata Pura | January 1, 2022 at 8:07 am |

    I thought we reached peak silver in 2015.

    • SRSrocco | January 1, 2022 at 10:24 am |

      Plata Pura,

      Yes, we may have peaked in 2016, but we have to wait and see. Part of the reason for the peak was due to a few mines being shut down like the Escobal Mine in Guatemala. That was producing 20 Moz a year.

      However, it’s likely that we did reach the ultimate peak back in 2016, but I don’t want to say it’s 100% certain until I see the world head over the ENERGY CLIFF.

      steve

      • DisappearingCulture | January 2, 2022 at 7:54 am |

        Seems unlikely silver production from primary mines will increase in the future, unless the price goes up a lot next year. Long enough for mining companies to go up in value AND get some multi-year loans locked in at low interest. And perhaps sell some bonds.

  6. The Sponge | January 2, 2022 at 6:11 am |

    Just like Gold, Silver, Copper etc. Oil is in the Same boat. Thanks for a Great year of Research Steve- Have a fun 2022!

    https://www.zerohedge.com/markets/oil-and-gas-discoveries-plunge-lowest-level-75-years

Comments are closed.