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BREAKING NEWS: Peru Silver Mine Supply Collapsed In April

BREAKING NEWS: Peru Silver Mine Supply Collapsed In April With the data now finally out, Peru’s silver mine production collapsed in April.  Due to the shutdown of a large portion of Peru’s mining industry, as a result of the global contagion, the impact on the world’s second-largest silver supply was enormous.  While I had mentioned […]

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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.  Actually, Peru first […]

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GLOBAL SILVER SUPPLY COLLAPSE ON ITS WAY: Mexico mining suspension to hit silver supply

GLOBAL SILVER SUPPLY COLLAPSE ON ITS WAY: Mexico mining suspension to hit silver supply Due 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 […]

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SILVER PRICE UPDATE: Including End Of A Silver Mining Era

SILVER PRICE UPDATE: Including End Of A Silver Mining Era Since my last video update, the silver price has consolidated to a lower level.  While I wasn’t surprised to see silver continue to correct, I do believe its only temporary before it begins a new leg higher.  And, if we look at the COT Report […]

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MORE TROUBLE IN MEXICO: Second Largest Silver Mine Suspended Operations

MORE TROUBLE IN MEXICO: Second Largest Silver Mine Suspended Operations In just a little more than a week after the mighty Newmont-Goldcorp merger was finalized, the company suspended operations of its largest gold-silver mine in Mexico.  The Penasquito Mine, which produced more than a 500,000 ounces of gold and 25 million ounces of silver in […]

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CHILE, WORLD’S FOURTH LARGEST SILVER PRODUCER: Mine Supply Down 20%

CHILE, WORLD’S FOURTH LARGEST SILVER PRODUCER: Mine Supply Down 20% Silver mine supply from the world’s fourth-largest silver producer fell significantly at the beginning of 2018.  According to Chile’s Ministry of Mines, domestic silver production in January declined 20% versus the same month last year.  Chile’s silver production has been falling considerably since its recent […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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