SRSrocco

Articles by SRSrocco

The U.S. PetroDollar system is in serious trouble as the Middle East’s largest oil producer continues to suffer as the low oil price devastates its financial bottom line.  Saudi Arabia, the key player in the PetroDollar system,...
The once Great Chinese Dragon Economy seems to be burning out as its economic indicators continue to weaken and smolder.  One such indicator is China’s rapidly falling industrial silver consumption.  At one time, Chinese...
Something changed in the silver market in May as US Silver Eagle sales have surged compared to the previous month.  This is quite interesting as precious metals sales and sentiment have declined in the West, especially in the United...
While many precious metals investors realize the massive amount of paper trading leverage taking place in the gold market, they should see what is going on in the silver market.  In a previous article, I provided data showing that an...
After the Primary Silver Mining Industry enjoyed a brief increase in productivity over the past two years, it fell to the lowest ever in 2016.  The reason the primary silver mining industry’saverage yield increased in 2014 was due to...
The Peru Ministry of Energy and Mining just released their silver production data for February, and it was a whopper to the downside.  Actually, I was quite surprised to see how much Peru’s silver production declined versus the same...
The current silver price trend is once again at a critical juncture.  It has been four years since the price of silver crossed an important trend line.  However, the present setup will result in either another correction lower,...
There is an eerie calm in the precious metals market as investors continue to pile into the broader stock indexes.  Precious metals sentiment that was flying high last year when the Dow Jones Index fell 2,000 points, is now at an all-...
Something strange took place in the US silver market last year.  It seems as if the United States imported a record amount of silver in 2016, while it’s apparent consumption decline considerably.   This does not make sense....
Mexico’s state oil company, Pemex, is a perfect example of the ongoing collapse in the global oil industry.  Falling oil prices and declining production are putting severe pressure on the company’s financial balance sheet.  It...

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Gold ETFs outflow reaches Rs 462 crore in Apr-Aug of FY'17