Monthly Archives: May 2015

Global Silver Output to Decrease

Creative Commons/Rob Lavinsky, iRocks.com

Creative Commons/Rob Lavinsky, iRocks.com

After several years of record highs in silver mining, it looks as though silver output will start to decrease this year. For more than ten years, silver output has shown a steady increase, with each year a little bit higher than the one before. This year, however, there will likely be no new record. There are several factors leading to this change, which is likely to cause a drastic shift in the silver market across the world. First, new attempts at mining seem unlikely to show enough increase to support the losses of aging mines that are no longer producing at peak capacity or which have shut down altogether. According to this report, much of that loss can be blamed on the noted decrease in silver prices over the past several years. Because it’s no longer cost-effective to mine silver at the higher rates, many companies are choosing other methods for financial gain, failing to open new mines that might help increase silver production. This will lead to some brief instability concerning silver prices, but will ultimately help increase silver prices across the world. Continue reading

Investing in Silver, Physical Vs Paper

SilverBU-Dnn87

It is often considered to be a good idea for investors to hold precious metals such as gold or silver in their portfolios in order to hedge against inflation risk and to provide investors with the diversification that simply holding equities does not provide. Continue reading