Tuesday, May 21, 2013

Jim Willie - Gold to $7,000 per Ounce

From Greg Hunter

The Wild Ride for Silver

Implats - South African mines cannot afford pay rises

LONDON (Reuters) -

Article link

South Africa's mining industry can ill afford to offer wage rises during talks that are about to start with a new and unpredictable union, so it may well face fresh strikes, Impala Platinum said on Friday.

South African mining companies are due to embark on one of their toughest periods of wage talks in the next one or two weeks, with increasingly radicalised unions.

The world's biggest platinum producing country is hoping to avoid the 2012 wildcat strike action that cost billions in lost revenue and production.

Read more

chart from kitco.com

Andy Hoffman and Sean on Media and Markets

From SGTbull07

Brother JohnF - Silver Capitulation

From BrotherJohnF