Silver as an investment

Category Archives: mining

Metals Massacre – Iron Ore Enters Bear Market, Copper Collapses To 1-Month Lows

The hype surrounding the credit-fueled resurgence in base metals in the first half of 2017 has crashed and burned on the altar of reality in China's slowdown with industrial metals from copper to iron ore and zinc all plunging in the last two weeks. Odd that we don't hear much from mainstream business media discussing […]

Gold Coins Have Been South Africa’s Best Investment For 50 Years

In the 50 years since the first Krugerrand was minted in South Africa, the gold coins have turned out to be one of the best investments in the country. As Bloomberg reports, the Krugerrand originally sold for 27 rand (then worth $35) back in 1967. One ounce of gold is now worth 16,840 rand ($1,273), […]

Frontrunning: July 25

Dollar slumps to 13-month lows before Fed; euro up (Reuters) Overwhelming approval likely for Russia bill (Reuters) Trump to study tougher Russia sanctions bill: White House (Reuters) Unrest bubbles among Trump’s key foreign policy aides (Reuters) Abe Overtaken by Rival as Top Choice for Japan Premier in Poll (BBG) More U.S. Cars Are Made in […]

Strip-Mining The World

Authored by Robert Gore via StraightLineLogic.com, The richest vein in the history of predatory mining is just about played out. A gigantic mine engages in every conceivable destructive practice—strip mining, heap leaching, tailings dams and ponds and so on. It pays such low wages its workers only make ends meet by borrowing from the company […]

Doc Copper working on multi-year breakout

Ole Doc Copper has had its head in the sand over the past 6-years, creating lower highs since 2011. Over the past three years it also has created another series of lower highs reflected in the chart below. Doc Copper could be attempting to do something it hasn’t for years in the chart below.   […]

Doc Copper working on multi-year breakout

Ole Doc Copper has had its head in the sand over the past 6-years, creating lower highs since 2011. Over the past three years it also has created another series of lower highs reflected in the chart below. Doc Copper could be attempting to do something it hasn’t for years in the chart below.   […]

South African Mining Stocks Crash To 5-Year Low Valuations After Policy Shock

South Africa’s new mining charter (that all local mines should be 30% black-owned) is scaring away investors. The charter revision comes shortly after Africa’s most industrialised economy entered its first recession since 2009, with investor confidence already shaken by infighting within the ANC over the scandal-hit presidency of Jacob Zuma.   The proposal was unveiled […]

Why Carson Block Sees “Real Problems With Canada”

Less than a week after declaring that China’s economy is headed for an economic “day of reckoning” thanks to its twin asset bubbles (real estate and equity), short-seller Carson Block said he’s starting to believe there are “real problems with Canada” – particularly the country’s dangerously overvalued housing market. Block discussed Canada's housing market with […]

Mining CEO Explains Why Silver Could Reach Over $136

Authored by Simon Black via SovereignMan.com, His remarks started off like dozens of presentations that I had heard so many times before. . . “Without silver,” began the speaker, “our entire society would go back to the Stone Age.” The speaker was the CEO of one of the largest silver mining companies in the world, […]

China’s Record Iron Ore Glut: Enough To Build 13,000 Eiffel Towers

Earlier this week we discussed the reason for the recent drop in iron ore prices, which had been attributed to the discovery of massive data fabrication and misrepresentation of commodity production cuts in China (think OPEC), whose biggest steel-producing province was found lying about mandatory output reductions, and instead of curbing was in fact accelerating […]