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Gold Mining's Hidden Crisis: Production Costs Climb Despite Record Prices

Gold’s price may be grabbing headlines, but there’s a bigger story unfolding in the mining industry. Despite gold reaching near-record highs earlier this year, miners are facing a serious challenge: production costs are soaring at an unprecedented rate. According to the World Gold Council, these rising costs are pushing some mining operations to the brink, even as gold prices remain strong… The True Cost of Gold Mining To get a better understanding of the rising cost of mining let’s look at the All-in Sustaining Cost (AISC). This crucial metric shows the true cost of running a gold mine – […]

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US Government Faces Shutdown Over Funding Bill

Gold prices rose Friday but remained on track for a weekly decline of 1-2%, pressured by the Federal Reserve’s more hawkish stance on interest rates. The Fed’s latest projections showed fewer rate cuts planned through 2025 than previously expected, with officials now forecasting just two quarter-point cuts instead of the four cuts suggested in September. While markets digest the Fed’s hawkish shift, another source of uncertainty emerges from Washington… US Government Faces Shutdown Over Funding Bill Another government shutdown looms as House lawmakers rejected a stopgap funding measure Thursday evening, voting 174-235 against the bill despite former President Trump’s endorsement....

keynesian-vs-austrian-economics

For a larger image please view original site here: http://theaustrianinsider.com/infographic-keynesian-vs-austrian-economics/ There has been an unsettled debate among economists for a century now of whether government intervention is beneficial to an economy. The heart of this debate lies between Keynesian and Austrian economists (though there are other schools as well). In order to get a full understanding of the two schools of economic thought, please refer to the infographic above. Open the image in a new tab for a larger version. If anyone feels I did a misrepresentation of either school, let me know! UPDATE: I’d like to go over some...

The Hunt Brothers contributed to silver’s rise, but were only one of numerous catalysts. We should look at silver’s fundamentals to make any kind of price projection, rather than some one-off event. And that’s good news; since the fundamentals are very positive, it means we can again see a 1970s type gain in the price....
So, you have decided to purchase physical gold and silver from a coin shop. This is a very important decision you might want to think twice, as buying precious metals from a coin shop has its pros and cons....
what-is-the-best-gold-to-buy
Gold is an excellent long-term hedge, but the first-time buyer may not always know what type of gold to buy. Here’s your quick guide to learning the best gold to buy so you can capture its full advantages and benefits....
goldsilver-infographic-history-of-money-and-currency-in-the-usa

Ever wondered how the monetary system of the United States got into the fiat predicament it now finds itself? Did you know that American history has more often used some sort of gold or silver backing than not? Inspired partly by GoldSilver.com reader Greg V, we created a scrollable infographic of the history of money in the U.S.. What you’ll see is that with each monetary change in the US, our currency has gradually been destroyed. We started with 100% gold-backed currency, but via the whims and machinations of politicians, we’ve ended up with 0% gold-backing. A currency that can...

Where, exactly, should you store your gold at home? You instinctively know that gold is valuable and understand it must be stored safely. You probably also realize that gold coins and bars come with no replacement policy: if you lose them, they’re gone for good. There’s no claim check to redeem....
There are lots of reasons to buy silver—it’s a real asset, the coins are beautiful, it will likely outperform gold (and probably by a long shot), and it’s more affordable. But that affordability comes with a catch....
Is now a good time to sell gold? We look at the recent upsurge in gold buyers and why this may actually be a sign why you should hold onto your gold bullion....

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