Silver Headlines

Peru miners, govt carry out "productive" talks following Hochschild stock collapse

"If (the mining companies) have all the mechanisms to present an extension, they can do so, the door is not closed," Chavez said. According to a government statement, Vasquez's initial announcement said the mines would be closed as soon as possible on environmental concerns, with "no extensions, whether for exploitation, exploration or even shutdown." https://www.reuters.com/markets/europe/hochschild-shares-slump-after-peru-rules-out-extensions-some-mines-2021-11-22/

Peru's PM to Close Four Silver-Gold Mines, Hochschild Plunges by 50%

2021 guidance numbers for the two mines exceeds 25M Silver ounces:

Gold Rises with the Dollar. Silver footprints signal rally! (GoldSeek)

Gold Rises with the Dollar. Silver footprints signal rally! By Kinesis Money In this week’s Live from the Vault, Andrew Maguire explains the significance of gold rising alongside the US dollar and reveals the silver market footprints signalling a rally. 

COT Reports Delayed until Monday -- due to a Federal Holiday

India’s trade deficit widened to a monthly record -- Silver imports soar 60 times y.o.y.

New Monthly Record -- India’s trade deficit widened to a monthly record of $22.6 Billion!  8.5 x jump in GOLD imports to $5.1B *** 60 x SURGE in SILVER imports *** to $552M  3 x jump in Oil imports to $17.4B  Also --coal & coke (lol?) imports at $2.2B  

Florida miner's lawsuit accuses JPMorgan of manipulating silver prices

Silver Is Looking Like a Bargain After Prices Dropped. What to Know. (Barrons)

After silver’s climb earlier this year to the highest prices since 2013, the metal has significantly underperformed sister metal gold. With silver’s value dropping to its lowest in 14 months, some investors may see an opening to buy. “Silver presents a better opportunity than gold at the present time,” says Jeff Wright, chief investment officer at Wolfpack Capital. However, he warns investors not to rush into the market just yet, especially as a rise in 10-year Treasury yields has…

Silver Extends Drop to Lowest in a Year as Dollar Keeps Rising

A gauge of the dollar touched a fresh 10-month high, reducing the appeal of precious metals for foreign currency investors. The greenback has remained strong since the Federal Reserve signaled last week that a reduction in stimulus could happen soon, which drove up Treasury yields.

White House calls for solar to be nearly half of electricity supply by 2050 (CNBC)

https://www.cnbc.com/2021/09/08/white-house-solar-should-be-nearly-half-of-electricity-supply-by-2050.html

Silver Miner in Australia Is Betting Solar Will Drive Demand (Bloomberg)