Silver Headlines

COT Reports Delayed until Monday -- due to a Federal Holiday

India’s trade deficit widened to a monthly record -- Silver imports soar 60 times y.o.y.

New Monthly Record -- India’s trade deficit widened to a monthly record of $22.6 Billion!  8.5 x jump in GOLD imports to $5.1B *** 60 x SURGE in SILVER imports *** to $552M  3 x jump in Oil imports to $17.4B  Also --coal & coke (lol?) imports at $2.2B  

Florida miner's lawsuit accuses JPMorgan of manipulating silver prices

Silver Is Looking Like a Bargain After Prices Dropped. What to Know. (Barrons)

After silver’s climb earlier this year to the highest prices since 2013, the metal has significantly underperformed sister metal gold. With silver’s value dropping to its lowest in 14 months, some investors may see an opening to buy. “Silver presents a better opportunity than gold at the present time,” says Jeff Wright, chief investment officer at Wolfpack Capital. However, he warns investors not to rush into the market just yet, especially as a rise in 10-year Treasury yields has…

Silver Extends Drop to Lowest in a Year as Dollar Keeps Rising

A gauge of the dollar touched a fresh 10-month high, reducing the appeal of precious metals for foreign currency investors. The greenback has remained strong since the Federal Reserve signaled last week that a reduction in stimulus could happen soon, which drove up Treasury yields.

White House calls for solar to be nearly half of electricity supply by 2050 (CNBC)

https://www.cnbc.com/2021/09/08/white-house-solar-should-be-nearly-half-of-electricity-supply-by-2050.html

Silver Miner in Australia Is Betting Solar Will Drive Demand (Bloomberg)

The Impressive Long Term Purchasing Power of Gold & Silver (GoldSeek)

The Impressive Long Term Purchasing Power of Gold & Silver By Stephen Flood, GoldCore And when ‘priced’ in terms of ounces of silver, the Corvette in 1971 would have cost 3,572 ounces compared to only 3,308 ounces of silver needed to purchase a Corvette in 2020.   

This Rare 1804 Silver Dollar Just Sold for a Record-Breaking $7.7 Million

"The King of American Coins just fetched a princely, world-record sum. The single finest example of the 1804 US silver dollar sold for an astonishing $7.68 million at a Stack’s Bowers Galleries auction on Tuesday to become the most expensive coin of its kind." https://robbreport.com/lifestyle/news/1804-silver-dollar-sale-1234631084/

Gold and Silver Thrive in High-debt Environments (GoldSeek)

Gold and Silver Thrive in High-debt Environments By Richard (Rick) Mills, Ahead of the Herd More spending is on the way. A LOT MORE. As Rahm Emanuel said during the Great Recession, “You never let a serious crisis go to waste. And what I mean by that it’s an opportunity to do things you think you could not do before.”