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Silver market update

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

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Silver market update

Postby moparal7 » Wed Jun 12, 2013 8:06 pm

http://www.clivemaund.com/gmu.php?art_i ... 2013-06-10
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Re: Silver market update

Postby AlleyAlchemy » Wed Jun 12, 2013 9:55 pm

An attempt to document the cost of mining silver (and not an endorsement or rejection of this view) -- http://seekingalpha.com/article/1496552-first-quarter-2013-true-all-in-cost-silver-industry-figures-unsustainable-silver-prices

The 'money' quote --

According to the recent quarterly numbers, it shows that many silver miners produce silver around $25 per ounce on a true all-in cost basis.

FWIW --
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