Tag: gold silver miners

More Precious Metals Miners To Shut Down

| December 14, 2013 | Category: Stocks
More Precious Metals Miners To Shut Down

Scotiabank says that on a total cost of production basis that the all in cost to produce an ounce of gold industry wide, worldwide, is $1,760 an ounce or something like that. So you make this stuff for $1,760, you sell it for $1,260. You lose $500 and being a miner you try to make it up on volume.

Continue Reading

Gold Miners Look To Break Below June Low

| November 27, 2013 | Category: Investing
Gold Miners Look To Break Below June Low

I’m looking for the miners to break below the June Low, but for Gold to hold above it. A decline by miners below the low should trigger exhaustion selling, but if Gold doesn’t confirm, it should mark a significant bear trap for investors in miners.

Continue Reading

Gold Production Decline Imminent

Gold Production Decline Imminent

I truly believe it will be the lack of backfill that will smack the gold-mining industry the hardest. Not only are the large producers cutting way back on their exploration spending, the junior sector has all but ceased exploring and advancing projects. I discussed the huge crisis of confidence currently strangling the junior sector in a previous essay. And it’s not hard to conclude that a lack of activity in this realm will adversely impact global mine production in the years ahead.

Continue Reading

State Of The Gold & Silver Market by Rick Rule

State Of The Gold & Silver Market by Rick Rule

In this excellent interview with FutureMoneyTrends Rick Rule looks at the current trend in gold and silver bullion and miners. In particular he answers three important questions (1) is there any relevance in the fact that gold and silver prices are falling through their cost of production (2) is the current bear market (un)usual (3) which fallacies to avoid in order to get significant returns out of mining companies in the years ahead.

Continue Reading

GOLDVIEW: Germany’s Gold & Mining Industry Updates

| February 2, 2013 | Articles: General

GOLDVIEW is one of the publications of the European Gold Centre. The editor is Henk J. Krasenberg who has been following the precious metals and miners for a couple of decades. In this article we summarize some highlights from the latest edition of GOLDVIEW.

Continue Reading