As IMF warns of 'crisis like no other', gold is working its way to new record highs

As IMF warns of 'crisis like no other', gold is working its way to new record highs

(Kitco News) The world is in for the worst financial crisis since the Great Depression of the 1930s as the global economy grapples with the "great lockdown," according to the latest from the International Monetary Fund (IMF).
April 14, 2020 0 Comments
PERU EXTENDS LOCK-DOWN ALONG WITH MEXICO: An Estimated 40% Of Global Silver Mine Supply Now Offline

PERU EXTENDS LOCK-DOWN ALONG WITH MEXICO: An Estimated 40% Of Global Silver Mine Supply Now Offline

Now that the Peruvian Government announced an extension of the country’s state of emergency until April 26th, the world’s first and second-largest silver producers have taken 40% of global silver mine supply offline for a month.  Peru first announced its national quarantine on March 15th.  So, the country’s mines will be shut down for more than a...
April 10, 2020 0 Comments
Guggenheim Says Market a ‘Ponzi Scheme’ That Must Collapse

Guggenheim Says Market a ‘Ponzi Scheme’ That Must Collapse

“We will reach a tipping point when investors will awake to the rising tide of defaults and downgrades,” he wrote in a letter from the World Economic Forum meeting. “The timing is hard to predict, but this reminds me a lot of the lead-up to the 2001 and 2002 recession.”
January 27, 2020 0 Comments
Will 2020 Be the Year for Silver?

Will 2020 Be the Year for Silver?

  • Silver has outperformed gold in every precious metals bull market. It first lags, then leads.
January 6, 2020 0 Comments

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