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
Is the history repeating itself here? This seems quite likely...by Przemyslaw Radomski via Sunshine ProfitsThe Subtle PMs Signals Keep Coming InThe greenback exerts powerful influence on the precious metals - that has been the case yesterday, and it unsurprisingly continues to be so also today. So, what message is the USDX sending out right now?USD Index in the SpotlightWe'll open up with a quote...Read More
Vancouver, British Columbia - April 14, 2020 - New Pacific Metals Corp. (TSX-V: NUAG) (OTCQX: NUPMF) ("New Pacific" or the "Company") is pleased to report the first independent National Instrument 43-101 ("NI 43-101") Mineral Resource estimate for its 100% owned Silver Sand Deposit, Bolivia. The study was completed by AMC Mining Consultants (Canada) Ltd. ("AMC"). The Company will host a webcast...Read More
Silver's demand fundamentals are more heavily influenced by overall economic health. If the economy is in recession, silver prices can...by Simon Black of Sovereign ManBy the mid-6th century BC, Darius the Great was 'King of Kings', ruling over the vast Achaemenid Empire.By that time, gold and silver had already been in use by earlier civilizations for thousands of years.There are cuneiform tablet...Read More
For silver to become more than just a dead-cat bounce on the charts, here's what needs to happen...by Michael Ballanger via Streetwise ReportsAs a child, I used to get quite excited at the prospect of having my English "Gran" read me the Hans Christian Andersen book "The Emperor's New Clothes." I found the tale fiendishly amusing, as the charlatan tailor uses lethal doses of flattery and mystery t...Read More
We now have the perfect storm for silver. Steve St. Angelo explains...by Steve St Angelo of SRSrocco ReportDue to Mexico's Ministry of Health issuing an Executive Order for the immediate suspension of non-essential activities until April 30th, the mining industry in the country has now come to an abrupt halt. The mining industry was hoping for an exemption to the Executive Order, but was not gra...Read More
WHERE ARE THEY GETTING THE "PHYSICAL"?by Harvey Organ of Harvey Organ BlogAPRIL 2//LONDON SPOT GOLD UP $31.80 TO $1612.50//FUTURES//JUNE 1631.00///SILVER UP 65 CENTS TO $14.50// FUTURES: $14.62//MEXICO ORDERS ALL MINES SHUT AND THAT MEANS THE USA CANNOT GET ANY SILVER//DTCC SHUT DOWN IN MARCH: WHO ON EARTH ARE CLEARING?//PERTH MINT ANNOUNCES ALL GOLD SOLD OUT//CORONAVIRUS UPDATE FROM USA, SPAIN, I...Read More
During silver's decline from $18 to under $12, one of the common explanations as to why the price dropped was because of ETF margin call selling...by Chris Marcus of Arcadia EconomicsDuring silver's recent decline from $18 to under $12, one of the common explanations as to why the price dropped was because of ETF margin call selling.But what's interesting is that while people may have been selling...Read More
The world's number one silver exporter shuts down! Get some popcorn, if you can find it. The nonsense the manipulation deniers are about to spew will be EPIC! (by Half Dollar) The supply chain disruptions mount, and they keep extending further and further into the future.From the Mexican Ministry of Health (translated by Google):This closure is in effect until the end of April, but remember, Mexic...Read More
Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekSign-up for the SilverSeeker Reports$SILV $SIL.TO $AXU $AUN.V Following Part I of this piece, which highlighted three of six "next generation silver producers", we will focus this piece on the next three, which include SilverCrest Metals, Alexco Resources, and Aurcana. The latter two don't have tier-I silver asset but are very high gra...Read More
The world's largest silver producer is closing its mines for 30 days! Mexico, however, won't be the only one...By Matt from Silver Fortune via Silver FortuneWorld's Largest Silver Producer Closing Mines 30 Days! And Mexico won't be the only one... Read More
What lies ahead is a collapse and disintegration of a previous way of life. It's important to understand that "Business, as Usual" is over for good...by Steve St Angelo of SRSrocco ReportWhile the world has entered into a financial crisis, the worst is still yet to come. When the global contagion continues to spread, the crisis will turn into a FINANCIAL STORM, in which few are prepared. Unfor...Read More
Silver looks set to drop hard over a short to medium-term time horizon. Here's why...by Clive Maund of Streetwise ReportsWhichever way you cut it, silver's chart looks bearish for the short to medium term, but against this we must set its rapidly improving COT structure and the mega-bullish silver to gold ratio (by all past standards).Silver's 7-month chart is a rather grim picture. On it we see t...Read More
Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended March-27, 2020$AEM $AGI $BTC $CXB.TO $CG.TO $EGO $EDV.TO $EQX $FSM $HL $IAG $HL $LUG.TO $MUX $OGC.TO $PAAS $SSRM Due to government mandated shutdowns of select businesses and in this case, mining, in response to the COVID-19 outbreak, there has been rather limited news flow except that related to temporarily suspending minin...Read More
The big wildcard is COVID-19-fear-driven government orders to shutter businesses and even the mines themselves... by Adam Hamilton of Zeal LLCThe carnage in the silver miners' stocks has been apocalyptic, fueled by the astounding COVID-19 stock panic. As terrified traders frantically dumped everything and ran for the hills, silver and its miners ' stocks crashed. That catastrophic anomaly has...Read More
Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekSilver Seeker ReportGet First Access to Part II of the Report While there are a dearth of primary silver producers and even fewer quality companies, the same can't be said of the next generation of primary silver producers. With the exception of Pan-American, Hochschild, Hecla, Fortuna, Fresnillo and arguably First Majestic Silver, there...Read More
A combined $6 trillion of stimulus and bailouts would be issued by CONgress & the Federal Reserve...by Jason Burack of Wall St For Main StLooks like hedge fund manager Kyle Bass was right with his prediction of $6 trillion in bailouts/stimulus because Tuesday night at the White House press conference Larry Kudlow said that a combined $6 trillion of stimulus and bailouts would be issued by CONgres...Read More
Chris Marchese Chief Mining Analyst, GoldSeek & SilverSeek Week Ended March-21, 2020 $AUY $PAAS $SILV $SVM $NEE.V $NGD $MUX $KL $GUY.TO $GCM.TO $EXK $ELY.V $GOLD $ALO $AGI Alamos Gold: Announced it will repurchase, from a third party, an existing 3% NSR royalty on its Island Gold project for cash consideration of C$75m (US$54m). The royalty is within four patented claims that compromis...Read More
There's no physical silver on this side of the pond, and there's severe backwardation in London. Harvey explains...by Harvey Organ of Harvey Organ BlogMARCH 19/ANOTHER HUGE VOLATILE DAY: GOLD DOWN 90 CENTS TO $1476.30//SILVER UP 38 CENTS TO $12.12//BIG DISCONNECT BETWEEN PHYSICAL SILVER AND PAPER SILVER//CORONAVIRUS UPDATE//LAGARDE FIRES HER BAZOOKA OF A HUGE 750 BILLION QE AND GOLD FALLS//BANK OF...Read More
We've had a COMPLETE SHIFT, and the America we had one month ago is not the same as the America we have now. Gregory explains...Gregory Mannarino interviewed by Dunagun Kaiser on Reluctant Preppers?EUR<- Record stock market volatility,?EUR<- Record collapsing T-Bond Yields,?EUR<- Record oil collapse,?EUR<- Record crisis interventions by the Fed,?EUR<- Record crash in silver - despite record physi...Read More