GOLDSEEK RADIO SRSROCCO REPORT INTERVIEW: Silver Being Sold For Lower Than The Production Cost

With the silver market price now lower than most primary silver miners’ production costs, this low level may not last long.  This is especially true when we factor in the surging silver lease rates, suggesting a real tightness and shortage of metal for traders in the market.

Chris Waltzek of Goldseek Radio reached out to me this weekend to do a quick update on the Silver Market.  It seems as if GoldSeek followers found the interview interesting as there are 188 Social Media Shares, much higher than past GoldSeek Radio interviews.  This is important because I’d imagine precious metals investors are hungry for REAL DATA, not the hype and high price targets that mostly lead to frustration.  Investors need to understand that acquiring precious metals is for the mid to long term to protect wealth as the world heads over the ENERGY CLIFF.  I don’t know any other precious metals analysts warning followers based on this important factor.

Also, We continue to sponsor Cloud Hard Assets on the SRSrocco Report because they provide some of the best bullion prices and services.  I store some of my metal and pay the lowest cost in the industry.  If you look below the GoldSeek Radio interview, you will see that Cloud Hard Assets provides the lowest price for 2022 Canadian Silver Maples vs. the Top Leading Online Dealers.

If you purchase precious metals bullion products, I advise you to compare prices and services from the leading online dealers, or find someone local that you can trust.  However, we find that Cloud Hard Assets provides some of the lowest prices and best service in the industry, as Tom Cloud has been doing business since 1978.

You can contact Tom, Dan, or Katherine… Click here: CLOUD HARD ASSETS.  You can also call (800) 247-2812.

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16 Comments on "GOLDSEEK RADIO SRSROCCO REPORT INTERVIEW: Silver Being Sold For Lower Than The Production Cost"

  1. Great interview. You touched on past energy source, wood. I imagine that helps folks new to the concept.

    • DisappearingCulture | September 5, 2022 at 4:52 pm |

      Wood is also a current energy source for many. Here in the U.S. most I run into don’t know how to make an efficient hot fire.
      Abundant wood where I live, and more where I’ll retire to in a few years.
      I’ll be adding a basement wood burning stove to the house. The inefficient open stone fireplace in the upstairs nevertheless will run you out of the room with the house heat off at 15 degrees Fahrenheit outside [minus 9.4 Celcius].
      I won’t be solely depending on the propane tank that powers the furnace.

      Being cold is serious, particularly for young children, ill folks, and older people like my 93 year old mother on blood thinners. It does bother me how many are likely to be miserably cold in northern climates as utility prices rise.

  2. Steve, you we mentioned by name here……. People are waking up.

    • There was a point in time where kunstler seemed to have relevant, and had somewhat sane things to share. That time was about 15 years ago. I don’t know what happened, but he is definitely angry and bitter…about something. Personally, I would find it hard to actually tie together a list of folks I would like to blame for everything in one article, but somehow he found a way. Maybe its something that happens with age, as it also seems to be happening to a degree with Gail Tverberg. A few missives questioning vaccinations and/or covid, and now 10-29% of the messages on her site are almost identical to the folks who show up on kunstlers rants, er, ‘blog’. Its one thing to question a hypothesis, but once someone starts mistaking their opinion/emotions for objective reality…look out.

      • DisappearingCulture | September 6, 2022 at 10:20 am |

        There are plenty of things going on by privileged or empowered incompetents that should arouse some emotion.
        That may range from irritation to disgust to rage, and everything in between.

        Now it doesn’t do me much good to get upset over things I have little control over.
        But someone willing to passionately point out some of the utter BS going down is ok with me.

        • I have less than no problem with folks pointing out problems in our society. It IS interesting to watch them point out the BS they don’t like, while ignoring or glossing over the BS they are ok with.
          Here I would probably use the term ‘pathologically’ is lieu of passionately. In some ways, this reminds me of what happened to my dad – gifted eye surgeon, but then tv, talk radio and art bell in retirement made him angry and fearful of the most unlikely things at the end of his life.
          Reading kunstler’s message forum for the above link was, to me, a bit chilling in its explicit racism. At a certain point, I assume that anyone serially reading it, more or less agrees with it. I mean, we have problems, and some of those don’t actually HAVE solutions. Energy and resource depletion would, in my mind, probably qualify. I have always sort of hoped that as we got closer to what the hubbert curve, and thermodynamics have in store for us, we might start to pull together. Its seems not.

        • The second comment down, followed by dozens of a similar tone:

          September 5, 2022 at 11:56 am #
          ‘The “wrong” was largely a feature not a bug. So is it still a wrong? There would have been no United States without the conquest and dispossession of the Indians by Us, the Native Americans. They have nothing to do with America. They were just living here – in our way. That got remedied.

          The Blacks are another story. Bringing them here was a huge error. We should have picked our own cotton. Ditto the Mexicans. We should have picked our own crops or got the Blacks to do it, since we had already screwed up by not getting rid of them.

          You can’t live without eating – and that means killing something. Do you value your own life more than that tomato or cow? We valued our own people and culture more than that of the Indians. We chose life! Now we value the alien more than our own people. This is the path of death from which there is no return.’

          Yeah, its pretty subtle, easy to miss.

          • Your use of (“) and (‘) are backward.

            Note: SRSROCCO has potentially racist comments on his site, this post. Interesting (sort of).

    • Kunstler was early identifying the energy problem and one of the best expressing it in laymen’s terms. Steve linked to Kunstler’s site for years. James has also maintained a solid grasp of the monetary aspect of our unfolding dilemma. I particularly appreciate his speaking out on the society damaging gender-confusion issue and the Corp/gov mind-fcukery in general. Like this website, Clusterfuck Nation blog a public service.

  3. DisappearingCulture | September 7, 2022 at 2:37 am |

    Yeah COMMENTS by READERS, not written by the author.

  4. I don’t want to rub it in DC BUT the cold here never gets greater than a jumper or coat wouldn’t fix.

    In this modern age some say that is not true BUT it is.

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