In recent days, thieves cleaned out a Simi Valley jewelry store, making off with millions of dollars in uninsured precious metals, jewelry, and cash in a brazen burglary.
Gold dropped in total 10.8%. But silver fell only 6%... Both patterns are ultimately bullish, but we await a breakout over $3,500 for gold and above $36 for silver.
Governor Ron DeSantis signed H 999 this week, paving the way for the elimination of the Sunshine State’s remaining sales taxes on purchases of gold and silver coins, bars, and rounds.
Amid rising geopolitical tensions, shifting energy policies, and ongoing economic uncertainty, silver remains a vital yet often underappreciated metal.
CEO Weber: “Because Coeur is applying a minerals systems approach to exploration at Tim, they can be encouraged by geological observations in trenches and in drill core..."
While the amount of silver used in jewelry manufacturing pales compared to the demand for the metal in the industrial and tech sectors, it still consumes a significant amount.
