IT’S OFFICIAL; U.S. Silver Production The Lowest In More Than 70 Years

IT’S OFFICIAL; U.S. Silver Production The Lowest In More Than 70 Years

With the latest release by the USGS, silver production in the U.S. is now the lowest in more than 70 years.  We have to go all the way back until the year after World War II ended to see U.S. silver production less than it was in 2018.  While many reasons can be attributed to the decline, the main factors are falling ore grades and mine economics.
March 21, 2019 0 Comments
A potential recession looms — and gloomy economic indicators show it may do maximum damage

A potential recession looms — and gloomy economic indicators show it may do maximum damage

The Federal Reserve decided Wednesday to hold interest rates steady and indicated that no more hikes will be coming this year. In a unanimous move that coincides with market expectations and demands, the central bank's policymaking Federal Open Market Committee took a sharp dovish turn from policy projections just three months earlier.
March 20, 2019 0 Comments
Gold's $1,300 Is The New $1,200 As Central Banks Embrace De-Dollarization - Scotiabank

Gold's $1,300 Is The New $1,200 As Central Banks Embrace De-Dollarization - Scotiabank

(Kitco News) - Gold is giving new diversification opportunities to central banks (CB) from emerging markets (EM), including the ability to de-dollarize, according to Scotiabank. Central banks from emerging markets have stepped up gold purchases last year — a trend that is not letting up this year as well, said Scotiabank’s commodity strategist Nicky Shiels,...
March 19, 2019 0 Comments
CEO Says Silver Will "Slingshot" Higher Later This Year

CEO Says Silver Will "Slingshot" Higher Later This Year

Silver’s rally has yet to come, but the white metal is sitting on solid fundamentals right now said Bradford Cooke, CEO of Endeavour Silver.
March 18, 2019 0 Comments

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