Participation here is open to both novices and pros with the understanding that the seeking of knowledge should be accompanied by a willingness to share it too. We encourage comments, questions, news, and discussion of all things related to precious metals including mining, bullion trends, and related economic conditions and events.
If you are new to this board and choose to post here, traditional rules of civility apply and off topic exchanges will be allowed to some extent. Along the same lines, and as politics can not be separated from anything related to economics, please attempt to be as unbiased as possible, and be respectful of opinions that may not align with your own.
For background, this board originated to benefit those who understood that with the outbreak of Covid-19 in 2020, the economic consequences would bring a boom to monetary metals without precedent.
From mid-March 2020 to nearly the end of July, the price of silver rose 100 percent. The price of gold went up over 30 percent. Setting aside peripheral reasons for these moves, the larger part of it arose from a massive expansion of printing-press money (a.k.a. government debt), along with the artificial suppression of interest rates.
More recently, the price of gold rose more than 100 percent from October 2023 to mid September 2025. Silver, unusually, has trailed rising only about 87 percent in the same period.
Copper, platinum group metals? No comparison!
Meanwhile, the realignment of global trading patterns and the frantically improving re-industrialization of North American continue outsized pressures on metals prices. This should remain the case into the end of the decade, if not beyond. But this does not mean that the path will be without bumps along the way.
ValuePro (a.k.a. VP in AZ)
[The image above is of the remains of the superintendent's office at the historic Silver King Mine at Pinal (now Superior), AZ. It was and remains the richest silver mine in AZ. It dates from 1870. The office was destroyed by fire about 1990 and no structures now remain at the mine site. Exploration resumed about 2005 but ceased a few years later. The mine is within several miles of what may be the largest copper discovery ever. That is a couple of miles away at Superior, AZ under the combined ownership of BHP and Rio Tinto operating as Resolution Copper Company. The discovery zone is below the abandoned workings of the old Magma Copper Mine, which closed in 1982 after 71 years of production.] |
