There are a few times in an investor’s life where, as Jim Rogers once put it, you see a pile of money sitting in a corner and you can go pick it up.
Weekly Precious Metals Update – April 20th
Last week saw the market lose yet another major producer to the COVID virus. The United States Mint, North America’s largest producer of gold and silver bullion products, announced the closure of its West Point, New York facility on Wednesday, due to concerns for their workers’ safety.
Weekly Precious Metals Update – April 11th
This past week was very positive for the precious metals. Not only were prices for both gold and silver up significantly, our industry has also had the chance to catch its collective breath following ‘March Madness’.
Silver Shock Update: A New and Major Threat to Supply
As many of our readers know, silver supply from mining operations has been in decline.
That decline has just sped up. In a big way.
Weekly Precious Metals Update – April 3rd 2020
This week was a continuation of the ‘new normal’, which is anything but normal. COVID continues to complicate our work and personal lives, including the precious metals supply chain.
Gold & Silver Crashes in History: Severity, Duration, and Recoveries
Given what’s happening in the markets, it’s time to look at the history of crashes in gold and silver. And just as important, to see what message we can glean about their recoveries.
Market Update – What’s Next for Gold and Silver?
I don’t generally comment on the markets unless I feel we’ve reached a critical point. My last communication with regards to the state of the market was back in September 2019 when I said that I believed we were entering the early stages of a precious metals bull market
What’s Wrong with Silver?!
Mike Maloney has always said, silver is gold on steroids…
Silver can move 5% or more in a single day.
The Precious Metals Week in Review – February 21st, 2020
COVID-19 continues to be the primary issue that is triggering extensive market volatility across the world. Every headline out of China seemingly sends equity markets immediately higher or lower, depending on analyst and algorithmic interpretation of how the news pertains to the spread of COVID-19 and its impact on the global economy.
The Precious Metals Week in Review – January 31st, 2020
This week we saw the ongoing impeachment trial of President Donald J. Trump, further spread of the coronavirus outside of China, and will see the long-awaited exit of the United Kingdom from the European Union at midnight on Friday.