Monday, April 30, 2012

5 Critical Factors That Will Impact Silver


The fundamentals for silver today are even better than they were last year when its price and sentiment were higher. Nevertheless, consumer affinity for precious metals has turned rather pessimistic presently. This may be indicated by those who see a rise in the COMEX silver inventories as well as a drop-off in Silver Eagle purchases. Furthermore, our favorite so-called precious metals analysts (more like Bears in a Bull’s skin) have come out of the woodwork to rub it in that the “GOLD BULL MARKET IS NOW OVER.”

For instance, one of these so-called bullion specialists never seems to put in a good word for gold when the price is heading higher. However, when the tide has turned, there is no shortage of negative rhetoric in this analyst’s articles. Another interesting member in this camp of so-called precious metals analysts believes gold stocks are a GOOD BUY at prices 30-50% less than where they are currently – isn’t that nice? I gather this analyst doesn’t play much golf with CEO’s of gold mining companies.

Some believe that when things are down, it’s nice to have friends to lift up one’s spirits. I say, with precious metals friends like this… who needs enemas? Yes, enemas.

And lastly, if you can’t get enough bearish information and data from their articles, some of these fine so-called precious metals analysts offer a subscription service to fill the void. For a fee you will be able to tap in to more detailed information on just how LOUSY gold and silver really are as investments.
With the formalities now aside, we can focus on critical factors that will impact silver in the future. Before we discuss these factors, let’s take a look at some interesting information that took place in the silver industry in 2011.

Northern Vertex drills 50.29 Meter Mineralized Intersection that includes 20 Meters of 1.67 gpt Gold Eqv on Western Extension of Moss Gold-Silver Project


April 30, 2012


Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V:NEE) (OTCQX:NHVCF) is pleased to announce results from core holes 11 through 17 as part of its Phase II, 20,000 foot (6500 meter) in-fill drill and resource expansion program to test the western extension of the Moss Gold-Silver Project’s stockwork vein system in Mohave County, Northwestern Arizona.

States Northern Vertex Chief Geologist Dr. Bob Thompson, “We are very pleased with current drill results that demonstrate the gold and silver-bearing epithermal system continues to broaden westward, extending an additional 1000 feet from our existing NI 43-101 gold resource. Equally encouraging, the higher-grade zones encountered, occur within a series of thick mineralized intersections that continue to average above internal cut-off grades, remaining open to the west and at depth. Importantly, as we continue our resource expansion to the west, we are encountering the same type of higher-grade zones and consistent internal gold distribution that was instrumental in developing our initial NI 43-101 gold resource.”