Which Countries Produce the World’s Silver?

By

-

January 24, 2025

by Mike Maharrey, Silver Seek:

Where does the world get its silver?

In 2023, silver mines produced 830.5 million ounces of silver. That total is projected to decline by about 1 percent to 823.5 million ounces in 2024.

Silver mine output has been declining for nearly a decade. Mine production peaked at 900.1 million ounces in 2016. Meanwhile, demand has outstripped supply for three straight years and the Silver Institute projects another market deficit in 2024. This is primarily due to rapidly rising industrial demand, specifically in the solar energy sector.

You’ll Never Afford Silver After THIS Happens

By

SGT

-

January 23, 2025

0

from SilverDadKnows:

TRUTH LIVES on at https://sgtreport.tv/

Checking In On Silver Prices

By

SGT

-

January 23, 2025

0

by Craig Hemke, Sprott Money:

The new year began with some trepidation regarding silver after it failed to finish 2024 with a new annual high close. However, the silver price has begun 2025 on solid footing, and now with the U.S. dollar looking like it might turn lower, perhaps we can start looking forward to a new breakout?

Silver Price Performance in 2024

It’s not as if 2024 was a disappointment for silver. Far from it! Price gained about 22% on the year. However, my hope had been that the silver price would finish the year with its highest annual close ever, but after a mid-December swoon, those hopes were dashed.

Unusual Situation in Gold & Silver Market May Spark Big Price Moves

By

SGT

-

January 20, 2025

0

from Silver Seek:

The monetary metals pulled back sharply but have entered on stable footing. Silver is trading at $29.90 –and gold is $2,674.

The ongoing volatility is a reflection of uncertainty in the gold and silver markets globally, including fears of import tariffs from the incoming Trump administration.

If Trump slaps a tariff of, say, 10% on precious metals coming into the U.S., that would have a huge impact. 10% on silver would amount to $3 per ounce!

Why Gold Will Continue to Shine in 2025 and Beyond

By

SGT

-

January 17, 2025

0

by Jan Nieuwenhuijs, Money Metals:

Gold’s strong performance over the last two years must be seen as an acceleration in the deleveraging of the global financial system. After many decades of inordinate credit creation—leading to excessive debt levels, asset bubbles, and too much monetary interdependence between nations—the financial system has started to heal itself through a rising price of gold.

The gold price will continue to rise in the years ahead until stability is restored.

Increased trust in credit instruments since the Second World War has inflated the global financial system to startling proportions. Rising geopolitical tensions, the debt overhang, and inflation are now undermining this trust, leading to a new balance between financial instruments with counterparty risk (credit) and without counterparty risk (gold) in favor of the price of gold (deleverage).

Gold Rallies as December Inflation Prompts Unease

By

SGT

-

January 17, 2025

0

by Peter Schiff, Schiff Gold:

Gold futures soared on the back of yesterday’s December’s Consumer Price Index (CPI) data, climbing by $29.50 (1.10%) to settle at $2,722.60 for the most active February contract. The U.S. Bureau of Labor Statistics revealed that overall inflation rose 0.4% in December—exceeding November’s 0.3% pace and slightly above economists’ consensus of 0.3%. On an annual basis, the rate stood at 2.9% before seasonal adjustments, with core CPI (excluding food and energy) ticking 3.2%—just shy of expectations for 3.3%. This modestly higher-than-projected headline figure, coupled with marginally softer core data and recent optimistic jobs data, has prompted a wave of speculation about the Federal Reserve’s potential policy path.

Patrick Karim: Gold to $4,000 and Silver to $40. Here’s How!

By

SGT

-

January 17, 2025

0

by David Russell, Gold Seek:

In my first interview of 2025 I spoke to Patrick Karim of North Star Bad Charts. We dove straight into the markets for 2025, focusing on gold, silver, and other key assets. Patrick is always insightful, and this time I asked him what he thinks is in the charts for the year ahead.

Patrick pointed out gold’s remarkable long-term uptrend and is incredibly bullish about how it may perform in the months ahead. He sees the possibility of gold reaching between $3,400 and $4,000 by the end of 2025, though some consolidation along the way wouldn’t surprise him.

The Silver Market Runs Another Big Market Deficit and Other Silver News

By

SGT

-

January 16, 2025

0

by Mike Maharrey, Silver Seek:

Based on preliminary data, the silver market ran its fourth consecutive record market deficit last year.

This was one of several silver-related stories highlighted in the latest issue of the Silver Institute’s Silver News.

Record industrial demand and a recovery in the jewelry and silverware markets are projected to lift global silver demand to 1.21 billion ounces in 2024.

Meanwhile, mine supply is forecast to rise by just 1 percent.

China Reports More Gold Buying, but They’re Buying More Than They Admit

By

SGT

-

January 15, 2025

0

by Mike Maharrey, Gold Seek:

China announced an increase in its official gold reserves in November. It was the first reported increase after a 6-month pause, and it appears it wasn’t a one-off event.

And by the way, the Chinese have a lot more gold than they admit.

The People’s Bank of China reported another increase in official gold reserves in December with a nearly 10-tonne purchase.

You’ll notice I keep emphasizing the word “official.” That’s because the Chinese are accumulating gold much faster than officially indicated, as data parsed by Money Metals investigative reporter Jan Nieuwenhuijs proved.

Is the Gold Price Too High?

By

SGT

-

January 14, 2025

0

by Craig Hemke, Sprott Money:

2024 was a tremendous year for gold as the price rose by over 25%. More gains look to be coming in 2025, which leads many to ask if the price is too high for new purchases.

With any investment, buying low and selling high is the key to success. However, timing your purchases to coincide with price lows is always a difficult proposition. This is especially true with precious metals, where it always seems that your best opportunity to buy is at a time when investors are bearish and it seems that even lower prices are coming.

David Morgan on the Gold and Silver Outlook for 2025

By

SGT

-

January 14, 2025

0

by David Russell, Silver Seek:

It’s only the 9th of January, but looking at the headlines, it feels like we’re already deep into the year. From devastating environmental crises to a President-elect already reshaping US foreign relations, and a bond market sell-off, the world is off to a tumultuous start.

Today, the United Nations Department of Economic and Social Affairs (UN DESA) will release the 2025 edition of its World Economic Situation and Prospects report. As has become a recurring theme, the authors highlight a significant gap between the story the numbers tell and the underlying realities. This year’s report focuses on critical minerals, a crucial topic as the world undergoes a major energy transition. Regular readers and investors will recognise the pivotal role of silver in green energy technologies, and we’re keen to see how this precious metal features in this year’s findings.

Celebrating 50 Years of Legalized Gold: A New Year’s Milestone

By

SGT

-

January 11, 2025

0

by Peter Schiff, Schiff Gold:

For all of economic history, gold has served as the preeminent money. Individuals holding gold could rest easy knowing they had a hedge against economic uncertainty, at least until President Franklin Roosevelt made it illegal to own the yellow metal. 50 years after this tyrannical edict was repealed, sound money advocates should thank Gerald Ford for restoring gold to its rightful monetary role.

Global ETF Gold Holdings Increase in December for the First Time Since 2019

By

SGT

-

January 11, 2025

0

by Mike Maharrey, Gold Seek:

For the first December since 2019, gold-backed ETFs globally reported net inflows of gold.

Asian funds drove the global increase in ETF gold holdings to close out 2024.

On the year, ETF gold holdings dropped modestly by 6.8 tons, but assets under management (AUM) rose by 26 percent to a record high of $271 billion thanks to the skyrocketing price of gold.

The Three Biggest Gold Stories of 2024

By

SGT

-

January 10, 2025

0

by Peter Reagan, Birch Gold Group:

2024 was an incredible year for gold – and 2025 may be even better. With that in mind, here are my three favorite gold stories of the year and a sneak preview of what to expect in the year ahead…