The way you see silver now depends on whether you see a glass as half empty or half full. If you are a pessimist by nature you will be grumbling about its...by Clive Maund of Streetwise ReportsThe way you see silver now depends on whether you see a glass that is half empty or half full. If you are a pessimist by nature you will be grumbling about its underperformance relative to gold up to this po...Read More
One of the top primary silver mining companies is now breaking even producing silver. Here are the details...by Steve St Angelo of SRSrocco ReportOne of the top primary silver mining company's is now breaking even producing silver. Pan American Silver just released its Q1 2020 Report surprising analysts by posting a net loss of $77 million. However, if we go by the company's "Adjusted Earnings...Read More
Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended May-10, 2020$USAS, $BTG, $GOLD, $CXB.TO, $DPM.TO, $EQX, $FNV, $GSS, $GORO, $GLDX.V, $GCM.TO, $HL, $IAG, $KL, $LUG.TO, $NEM, $OCG.TO, $PAAS, $RGLD, $SAND, $SKE.V, $SKREF, $TMR.TO, $TMMFF $TXG.TO, $TORXF, $KGC, $WDO.TO, $WDOFF, $WPMAmericas Gold & Silver: Announced a C$25m bought deal offering as it entered into an agreement wit...Read More
And can the hesitant moves in gold last much longer?by Przemyslaw Radomski via Sunshine ProfitsPrecious metals haven't moved all that much on Wednesday, but is it time to get complacent? The wait continues... PMs declined yesterday, but the move was nothing to call home about. Still, it was more or less in tune with what we saw in March - provided that one takes into account the lower volatility i...Read More
The good kind of storm, by the way...By Matt from Silver Fortune via Silver Fortune The good kind of storm, by the way... Read More
Price manipulation is a real issue, but a short squeeze is expected to develop which would quickly drive silver prices much higher...Mark O'byrne interviewed on Palisade RadioTom welcomes a new guest to the show Mark O'Byrne who is Research Director and founder of GoldCore, a Bullion dealer based out of Ireland. They provide services and bullion sales around the world, with vaults in Singapore and...Read More
Silver open interest is falling by huge amounts as well. Here are several things happening alongside the loss in open interest...by Harvey Organ of Harvey Organ BlogMAY 4//GOLD UP $12.00 TO $1705//SILVER DOWN 5 CENTS TO $14.81//A HUGE 25.6 TONNES OF GOLD IS STANDING IN THIS NON ACTIVE MONTH OF MAY//46 MILLION OZ OF SILVER STANDING//KEY FINDINGS FROM THE 5 I'S WITH RESPECT TO THE ORIGINS OF THE COR...Read More
After being pummeled to record-low levels relative to gold, an epic silver mean reversion higher is underway. Here are the details... by Adam Hamilton of Zeal LLCSilver is powering higher in a new bull market after getting clobbered in March's stock panic. Investors have been flocking back to silver in the aftermath of that ultra-rare extreme-fear event. That brutal selloff also utterly wiped...Read More
The outlook is VERY bearish...by Przemyslaw Radomski via Sunshine ProfitsGold and the US dollar - the yellow metal doesn't really move regardless of the greenback. As the strength of their relationship (and even the direction gold takes in response) change over time, let's start today's analysis with a quick look at how they are doing currently. You're probably wondering why didn't gold slide, giv...Read More
If you believe, as I do believe, that they're going to continue printing money to bail-out everyone, then there's a very strong, long-term case to own...by Simon Black of Sovereign ManAt precisely 4pm on Friday October 17, 1975, New York City's government would have a $453 million in debt to repay.But literally the night before, the city's government had only $34 million on hand.It was the makings...Read More
Even after these mines come back online, the damage already done to the global economy will continue to...by Steve St Angelo of SRSrocco ReportAccording to a new report released by GlobalData, the global contagion impacted silver production the most while gold mine supply fared the best. The two largest silver producing countries, Mexico and Peru, have issued temporary shutdowns lasting nearly t...Read More
When I say "all-time high," I mean it. Ancient cuneiform tablets prove that silver has never been so cheap relative to... by Simon Black of Sovereign ManMore than 4,000 years ago, the city of Kanesh was quickly becoming an important commercial trading hub within the ancient Assyrian Empire.Kanesh was located in the dead center of modern day Turkey, so it was perfectly situated on the route between...Read More
The implications are bearish for the following few weeks...by Przemyslaw Radomski via Sunshine ProfitsPractically everything that we wrote yesterday, remains up-to-date today. Consequently, we will quote some parts of the analysis, and we'll supplement them with additional discussion of the relative performance of various sectors, as we saw interesting details yesterday that further confirmed ou...Read More
How can anyone have a profit or loss in silver if there is no price to post?submitted by J. Johnson via JS MinesetGreat and Wonderful Monday Folks, Gold is recovering from a British hangover but only after a high of $1,745.80 was reached with the London low at $1,728.80 with the "now" price at $1,734.40, down $1.20. Silver is still trading in the positive, even after hitting the side of...Read More
Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended April-24, 2020$AUN.V, $BSR.V, $CDE, $GORO, $GPL, $KL, $PG.TO, $SAND, $SILV, $SKE.V, $VGCX.TOThere has been a considerable lack of news flow recently as a result of on-going mining suspensions due to COVID-19. This should change over the next couple of weeks as companies report Q1 results. The Mexican Federal Government has exte...Read More
How many people can, can't, will or won't buy precious metals at this price and time?By Matt from Silver Fortune via Silver Fortune How many people can't or won't buy metals at this price and time?Read More
What are we to believe here?submitted by J. Johnson via JS MinesetGreat and Wonderful Friday Folks, Gold is doing it again, going higher 3 days in a row with June Gold at $1,757.80 up $12.60 and right close to the high at $1,760.20 with the low at $1,742.20. Silver, the red headed step child, is still being dragged along with the July contract at $15.625, up 9.9 cents with the high nearb...Read More
One does not need to look to the gold-silver ratio, which is currently off the charts, to see that the world has gone mad. Silver, it has long been understood, has... by Keith Weiner of Monetary-Metalshe price of gold has been up steadily for the last 30 days (with a few zigs and zags), now re-attaining the high it achieved prior to the big drop in March. Gold ended the week at $1,662. Alas, it's...Read More
The catastrophic psychological damage wreaked by stock panics makes silver look way more attractive for diversifying stock-heavy portfolios... by Adam Hamilton of Zeal LLCSilver is blasting higher after mid-March's stock-panic-spawned near-crash. This normal oversold mean reversion looks like the start of something much bigger though. Speculators' positioning in silver futures utterly collapse...Read More
Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended April-17, 2020 $AEM, $CXB.TO, $KOR.TO, $EGO, $AG, $FSM, $GCM.TO, $HL, $JAG.TO, $MUX, $NUAG.V, $OSK.TO, $ROXG, $RGLD, $SILV, $SSRM, $TXG.TO, $WDO.TO, $WPM, $AUY Agnico-Eagle: The government of Quebec declared mining an essential business, which has a significant impact on Agnico as several of its highly profitable operations...Read More