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Drain of Major Physical Silver Inventories Continue

On Monday, October 3rd, 2022 silver saw a gain of nearly 9%, which registered as the highest daily gain for silver since November of 2008.  The months of October/November in 2008 also registered as the bottom for silver hovering around $10 USD per/oz.  From that spike in November, silver gained 400% over the next two…

Top 10 countries with highest silver production

Highest silver production Silver is a precious metal that is employed in both industrial purposes and as a store of value. Through commodities markets, exchange-traded funds (ETFs), and mining company equities, investors and traders can purchase actual silver. Multiple uses can be made of the metal, silver. Although it is technically a precious metal, most…

World’s Largest Copper Mines

Overview The world uses copper more than any other metal, and for good reason. Populations and economies around the world have increased copper production, particularly in China, which in 2020 accounted for 54% of global refined copper consumption. Construction and renewable energy are two industries that use copper extensively. Copper has been mined for a…