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Silver Headlines

We Don't Have a Wage Problem; We Have a Money Problem

August 19, 2024

The push to raise the minimum wage is relentless. Today, the melt value of a 1964 silver quarter is $5.13.

More Transcripts from Mexican Activists Calling for Energy Independence. Silver Resources Belong to People of Mexico

August 19, 2024

Mexico, the world's leading silver producer, stands on the brink of becoming a global superpower by nationalizing its silver industry.

Technical Scoop: Precious Highs, Cut Babble, Staple Trajectory

This past week, silver came to life as it gained 4.6% to gold’s record-breaking rise up 2.6%. We’ll take our wins when we get them.

Surging Silver Demand Depleting Global Inventories

August 14, 2024

The projection is for an even larger supply shortfall this year in the neighborhood of 215 million ounces. This would be the second-largest silver market deficit ever recorded.

Kootenay Reports Wide High-Grade Intercept with Aggressive 400 Meter Step Out

CEO McDonald: "It is very exciting to see consistent mineralization over 1,080 meters of strike length in the D-Vein. We continue to step out to the southeast to find the terminus..."

Samsung’s Silver Solid State Battery Technology. 1 Kilogram of Silver per Car

August 14, 2024

Samsung's solid-state batteries could significantly impact the silver market, with each battery using up to 1 kg. If 20% of cars adopt this tech, annual demand might reach 16,000 tons.

Endeavour Silver suspends Guanaceví mill, expects Q3 output hit

August 13, 2024

Endeavour Silver (NYSE: EXK) (TSX: EDR) has suspended ore processing at its Guanaceví operation in Mexico after the trunnion on the primary ball mill stopped working. The equipment could take up to 12 weeks to replace, the miner said. Shares of Endeavour Silver plunged on the news, down 19.3% to $3.40 by 11:25 a.m. in Toronto, for a market capitalization of C$848.8 million ($617.5 million).

Technical Scoop: Ambivalent Jobs, Raised Rates, Precious Gain

Silver fell this past week by 2.8% but remains up 14.5% for 2024. We did find support above $26, a level we considered quite important to hold if we are to move higher.

Silver Falling to $26.95 Is Very Good News for Silver Investors. It Locks in That Silver Supply Will Vanish Soon

August 08, 2024

The silver market has been in a structural deficit for four consecutive years, and this situation is becoming more critical due to rapidly increasing demand.

Kentucky Governor Plans to Collect Sales Tax on Gold and Silver Despite New Law

August 06, 2024

Kentucky Governor Andy Beshears signed the bill but used a line-item veto to strike out the sales tax exemption for gold and silver.

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