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Silver Commentaries

Major Production Declines From The Top Two Primary Silver Mining Companies

July 22, 2019
By Steve St. Angelo, SRSrocco

As the silver price continues to break out of its lows, two of the top primary mining companies are experiencing major production declines in the first half of the year. Mexico’s Fresnillo PLC and Peru’s Buenaventura’s top primary silver mines saw a significant decrease in production due to either falling ore grades, decreased volumes of processed ore, poor weather, or labor strikes.

Silver Market Update: outlook for silver is excellent

July 22, 2019
By Clive Maund

Some weeks back we had correctly surmised that gold’s gathering strength would rub off on silver and cause it to start catching up, so we bought a range of silver ETFs and stocks, a move which has paid off well as they have spiked quite dramatically in the recent past. Starting with silver’s 10-year chart, we can see that its presumed giant Double Bottom is starting to look more and more like the genuine article, with the price starting to advance away from the 2nd low of the pattern.

COT Silver Report - July 19, 2019

July 19, 2019
By COT Silver Report, SilverSeek.com

COT Silver Report - July 19, 2019.

THE SILVER PRICE: Setting Up For A Breakout?

July 18, 2019
By Steve St. Angelo, SRSrocco

After gold broke above a critical resistance level, held for the past five years, precious metals’ investors are now wondering, “what’s in store for silver?” While gold surged from $1,340 to $1,440 in just one week last month, silver only went up a mere $0.70. Thus, the Gold-Silver ratio increased from 89/1 to 94/1, in the same five-day period. So, the BIG QUESTION many precious metals investors are asking, “Is silver going to follow gold’s move higher?” And, in several price trends in the…

THE SILVER PRICE: Setting Up For A Breakout?

July 16, 2019
By Steve St. Angelo, SRSrocco

After gold broke above a critical resistance level, held for the past five years, precious metals’ investors are now wondering, “what’s in store for silver?” While gold surged from $1,340 to $1,440 in just one week last month, silver only went up a mere $0.70. Thus, the Gold-Silver ratio increased from 89/1 to 94/1, in the same five-day period. So, the BIG QUESTION many precious metals investors are asking, “Is silver going to follow gold’s move higher?” And, in several price trends in the…

Wrong Whale

July 15, 2019
By Ted Butler, Butler Research

The 4 big concentrated silver longs, which I have been writing about for nearly a month, further reduced their net long position by 3882 contracts to 62,707 contracts. The only reporting category to have liquidated enough (or any real) number of contracts in the reporting week were managed money traders, proving conclusively that managed money traders held a significant percentage of the very strange concentrated net long position in COMEX silver. How else could I have expected managed money…

COT Silver Report - July 12, 2019

July 12, 2019
By COT Silver Report, SilverSeek.com

COT Silver Report - July 12, 2019.

Deliberately Looking Away

July 11, 2019
By Ted Butler, Butler Research

The two developments in focus include a broad artificial pricing scheme, or manipulation, affecting a wide swath of commodity markets and a more specific price manipulation involving JPMorgan in silver and gold. The illegal pricing schemes did not evolve overnight, but over a multi-decade period of time. That’s one of the main reasons why so many have failed to appreciate what has occurred – it has been a gradual process. So gradual that, like a frog not jumping out of a pot of water being…

COT Silver Report - July 8, 2019

July 08, 2019
By COT Silver Report, SilverSeek.com

COT Silver Report - July 8, 2019

Peru’s Largest Primary Silver Mine Production Plummets 54%

July 02, 2019
By Steve St. Angelo, SRSrocco

As the world financial system heads closer to the abyss, global production of the second most important precious metal, silver, continues to deal with serious problems. According to Peru’s Ministry of Energy and Mines, the country’s largest primary silver mine saw its production plummet by 54% in the first quarter of 2019. The Uchucchacua Mine, run by Buenaventura, is not only the largest primary silver mine in Peru, but it is also ranked third in the world. Buenaventura reported that…

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