By Adam Clark Fresnillo PLC (FRES.LN) said Wednesday that its fourth-quarter silver production rose 20% against the prior year, citing the start-up of phase-two operations at its San Julian mine in Mexico. The U.K.-listed miner said it produced 16 million ounces of silver in the final quarter of 2017. Silver production rose 11% from the previous quarter as San Julian operated at full capacity, whi...Read More
"The dollar weakness suggests it, other commodities suggest it, the CoT structure suggests it, but..."by Craig Hemke via GoldSeekThrough the first three weeks of 2018, one of the key stories has been the falling US dollar. Expect this trend to continue and even accelerate as we go through the year.After peaking with a false breakout near 104 in early 2017, the US dollar (as measured by the Dollar...Read More
Silver and Silver ETF (SLV) has NOT been a good asset to buy & hold since the 2011 highs, as they have declined around 66% in the past 7-years.Could the long-term trend downtrend in Silver be about to end? Below looks at Silver Futures over the past 8-years-CLICK ON CHART TO ENLARGEOver the past 3-years Silver has created a series of flat bottoms around the $15.80 level. As the same time, it has c...Read More
Peter KrauthEditor's Note: 10 Reasons Why Gold Could Hit $3,000 in 2018The price of silver has continued to consolidate over the past week, digesting its impressive gains since mid-December. Because of this pullback, I've just released my newest silver price forecast for the end of February.I see two main reasons for this pullback. First, silver had been sprinting higher since mid-December, so it...Read More
Gold is getting hit too, but holding up at support. Here's the details...In what is nothing other than blatant precious metals price suppression, gold and silver are getting pounded hard in the pre-market.Silver is hit for more of a loss than gold:Gold has been holding onto support at $1330. Silver blew through support of 16.91. Next support is the 50-day right around $16.70 (which is holding so f...Read More
Harvey also says the percentage of gold transferred from COMEX to London this month is nearly 20% of global annual production. Here's more...by Harvey Organ of Harvey Organ BlogJAN 22/JPMORGAN CONTINUES TO ADD TO ITS SILVER INVENTORY/GLD ADDS: GOLD EFP'S ISSUED BY THE COMEX: 5774/SILVER EFF'S ISSUED: 828 CONTRACTS/BITCOIN COLLAPSES TODAY DOWN OVER $1200.00 /USA SENATE VOTES FOR A 3 WEEK CONTINUING...Read More
Palisade Research January 23, 2018 Category: Research The US Dollar has collapsed over 11% since this time last year. . .Look at it yourself. That’s an ugly drop - especially for the world’s reserve currency.And we expect it to continue dropping. . .Here’s why.In 2014 the Federal Reserve began reducing their Quantitative Easing (basically money printing) program. Jan...Read More
Peter KrauthLast week, I showed you several charts that prove a powerful gold bull market is back.Today, I'm here to show you that it's got good company.You see, silver and gold usually travel in a pair. So the silver bull is also back.And given silver's volatility and leverage to gold, I think every investor should be positioned in this precious metal right now.As you'll see from the charts I'm g...Read More
Palisade Research January 22, 2018 Category: Research This morning Mexican Gold released the final assays of its 2017 program. . .The results focused on the Eastern extent of El Dorado/Juan Bran, where the Dike Contact has only seen one drill hole in the past.Currently, the west contact zone has been outlined for over 360 meters along strike. Today's assays outline high-grade mineralization on the...Read More
By Robb M. StewartMELBOURNE, Australia--Rio Tinto PLC (>> Rio Tinto plc) plans to open an office in Mongolia's capital and increase its workforce there, even as its Oyu Tolgoi copper and gold project has been hit with a new tax bill and has been blocked by protests from delivering to China. The new office in Ulaanbaatar will be separate from Oyu Tolgoi, and will support the miner's exploration p...Read More
Nomi says that as the IMF moves to include gold in its SDR basket of currencies, silver will benefit by increasing in value. Here's more...Nomi Prins interviewed by Greg Hunter on USA WatchdogTwo time, best-selling author Nomi Prins says global debt levels are at record highs. Prins contends, "These are levels that they have never been, and they are all at their historic highs. That's why debt wil...Read More
Dr. Jim Willie explains why the price of silver will soar as new revelations of silver's use as a strategic metal become public...by Jim Willie of Golden JackassSILVER AS STRATEGIC METAL:Why Its Price Will Soarby Jim Willie CB Home: Golden Jackass website...Read More
Please help the "Silver Circle Movie" raise $1500 more to hire actors in the next 40 hours. If they don't raise that, then they forfeit all the $8000 raised so far!http://www.kickstarter.com/projects/SilverCircle/silver-circle-animated-dystopian-film-needs-fundinhttp://kck.st/cgDktFWith real actors, they can create better computer animation, which they can then use to further develop and promote...Read More
Overture could touch off bidding war with Glencore, which has also signaled interest By Dana Mattioli and Jacob Bunge This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (January 20, 2018). Archer Daniels Midland Co. has made a takeover approach to Bunge Ltd., according to people familiar w...Read More
--Rio Tinto has halted shipments of copper concentrate from its Oyu Tolgoi copper mine in Mongolia after a week-long dispute at a border crossing to China and a new tax bill from the Mongolian government, reports the Financial Times. --The movement of coal and copper at the Gants Mod crossing has been halted for more than a week as a result of a dispute over health insurance for truck drivers, acc...Read More
Full Article: Silver Antidote to Bubble CrazinessBy: Gary ChristensonCHARACTERISTICS OF BUBBLE CRAZINESS:U.S. stocks, according to many measures, are the most over-valued in history. We live in a Bubble Zone!Bitcoin and other cryptos are definitely in a bubble, but they could rise even higher.Full Article: Silver Antidote to Bubble CrazinessBy: Gary ChristensonDisclaimer (C) 2010 Junior Gold Re...Read More
Harvey provides a timely update on the latest whackings in the gold and silver markets. Here's the details...by Harvey Organ of Harvey Organ BlogJAN 17/GOLD RISES ANOTHER $2.20 UP TO $1338.95/SILVER DOWN 3 CENTS/GOLD AND SILVER WHACKED IN THE ACCESS MARKET/GOLD REGISTERS A REMARKABLE 23,183 EFP CONTRACTS TRANSFERRING FROM THE GOLD COMEX FOR LONDON BASED FORWARDS/SILVER REGISTERS A HUGE 7310 EFP CO...Read More
Palisade Research January 18, 2018 Category: Research Hello Subscriber, While I’m writing you this, gold is on its way to $1,400. . .That makes gold up 8% since this time last month. No wonder many of the largest asset managers in the world are piling into the yellow metal. . .They are positioning themselves for gold’s new bull-market. But more importantly - are you setting yourself up...Read More
By Emmanuel Tumanjong Special to Dow Jones Newswires YAOUNDE, Cameroon--Glencore Exploration Cameroon Ltd. has sold 50% of its stake in the Bolongo block in the Rio del Rey basin to Perenco Cameroon SA, Cameroon's national oil-and-gas company has said. Under the deal, private company Perenco will own the rights to develop and produce oil in the block's Oak well, the state-run National Hydrocarbon...Read More
SD Midweek: After a grueling eleven day standoff between the cartel and silver, one of them is about to make their move. Here's the details...Silver has been in sideways consolidation for eleven days:"Consolidation" is the trading term. It is thrown out there as a teaching moment.What we are really talking about is the cartel "capping" the price unnaturally, illegally, illegitimately, fraudulently...Read More