SRSrocco

Articles by 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...
Few analysts realize that for the past decade, the global economy has been propped up by the U.S. Shale Oil Ponzi Scheme.  Without the huge increase in U.S. shale oil production, the global economy would have peaked and collapsed into...
The top primary silver miners in the world saw their production yield fall to the lowest level ever in 2018.  Since 2005, the average yield from the top silver miners has fallen nearly in half.  And along with rising oil prices,...
Even though the silver price has sold off today, it doesn’t mean the rally that started two weeks ago is over. While the silver price was down more than 40 cents today, it may be retesting a support level before heading higher....
According to the recently released 2019 World Silver Survey, silver investment demand was significantly higher than analysts forecasted.  How much higher?  A lot, especially since the analysts stated that silver coin and bar...
The Middle East is heading for a crisis in its oil industry.  Unfortunately, the market doesn’t realize there is any danger on the horizon because it mainly focuses on how much oil the Middle East is producing rather than its exports...
While Mexico suffered the bloodiest year of violent deaths in 2018, even bigger trouble may be ahead for the embattled country.  For the first time in more than 50 years, Mexico has become a net importer of oil.  This is...
– U.S. Mint suspends silver bullion coin sales after sales double in February
– Silver investment demand for American Eagles (one ounce) silver bullion coins depletes West Point Mint inventories
– U.S. Mint suspended...
As the demand for precious metals shows some life once again, sales of the U.S. Mint Silver Eagles jumped in January.  Not only have Gold, and Silver Eagle sales increased, so have the precious metals prices.  In the past two...
The silver price trended lower last week after hitting a high of nearly $16 the prior week.  So, what’s in store for silver and the broader markets this week?  If we look at the moving averages and what is taking place in the...

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Gold weakens on global cues and lackustre demand