World’s Largest Refiners in Switzerland Are Reporting Having to Pay Very Big Premiums for Gold and Silver

Due to shortages, Swiss refiners have to pay premiums to buy gold. Swiss refiners in recent weeks have, at times, had to pay premiums to buy gold due to shortages. So no one should believe the paper price has anything to do with the real gold and silver markets. “Gold is nearing a key inflection point when the truth will hit this market.” This was actually first published on December 18, 2016. The exact low …

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Metals Reserves Drying Up

Gold and silver supplies drying up in London’s LBMA In what promises to be a wild 2017 we are already seeing physical gold and silver supplies drying up in London’s LBMA as the price of silver surges.  James Turk: There has been a lot of gold and silver moving to China recently, prior to the Chinese New Year, and that’s starting to show up in terms of the lack of liquidity over here in London. …

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Compareable Porphyry Examples

GEOLOGIC SETTING The mining district lies in the Laramide Arizona-Sonora-New Mexico porphyry copper belt. It is the oldest porphyry copper deposit in the state; although the Piños Altos pluton is ca. 74.4 Ma (McDowell, 1971) and a Georgetown monzonite dike has been dated as ca. 71 Ma (McLemore, 1998), both of which have associated Cu-Au-Ag skarn or Ag carbonate-hosted replacement deposits. The Twin Peaks monzonite porphyry in the Burro Mountains is 72.5 Ma (Hedlund, 1980) …

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