The Silver Shortage is much worse than Silver Institute reports. Silver Institute's sponsors are now emailing Silver Academy & We can't keep up
On March 19th The Silver Institute is scheduled to appear on GoldChain Podcast to tell us to F*ck off. Let's see if they really show up.
Here are the top 10 silver mines in Mexico based on production and their respective owners. The data is two years old (we apologize)
*An asterisk next to company name means they sponsor the Scammy Silver Institute.
At the conclusion of this article you will learn why many of these sponsors employees are beginning to write us displaying their enormous dis-satisfaction with The Silver Institute supporting our reporting.
Penasquito Mine:
Owner: Newmont
Location: Zacatecas
Production: Approximately 32.4 million ounces of silver in 2022.
Santa Elena Mine (Mexus Gold):
Owner: Mexus Gold
Location: Sonora
Production: Estimated 14.91 million ounces of silver in 2022.
San Julian Project:
Owner: *Industrias Penoles Sde CV (sponsors Silver Institute)
Location: Chihuahua
Production: Produced around 14.85 million ounces of silver in 2022.
Fresnillo Mine:
Owner: *Industrias Penoles Sde CV (sponsors Silver Institute)
Location: Zacatecas
Production: Produced an estimated 13.34 million ounces of silver in 2022.
Saucito Mine:
Owner: *Industrias Penoles Sde CV (sponsors Silver Institute)
Location: Zacatecas
Production: Produced approximately 11.94 million ounces of silver in 2022.
Capela Mine:
Owner: *Industrias Peñoles (sponsors Silver institute)
Location: Guerrero
Production: Produced around 3,173 thousand ounces of silver in 2021.
Juanicipio Gold Mine:
Owners: *Fresnillo (56%) and *MAG Silver (44%) (sponsors Silver Institute)
Location: Zacatecas
Production: Estimated production of over 11.7 million ounces of silver and 43,500 ounces of gold.
Cerro Los Gatos Mine:
Owners: Los Gatos Silver and Dowa Mining (Los Gatos sponsors the Silver Institute)
Why All Eyes are on Mexico and How the Silver Institute has done nothing
The total silver production in Mexico in 2022 was approximately 197,702.37 thousand ounces. Mexico is the world's largest producer of silver, accounting for 24% of global production. The country's silver production has shown fluctuations due to various factors like labor strikes and operational challenges at specific mines. Despite a projected decline in silver production in 2023, Mexico remains a key player in the global silver mining industry. Below is a table summarizing the top silver mines in Mexico based on their output in 2022 (old data)
Mexico Today
Facts about The Failures of Silver Institute.
In over 30 years, They have never reported on the primary uses of Silver (military and aerospace, how can anyone take them seriously if they intentionally miss the primary inputs that paint the picture of supply vs demand?
The Silver Institute has no employees; they are currently Mike DiRienzo and Paul Bateman, who work for Klein and Saks Group. Call them at 202-835-0952 (To reach Mike press #1 to reach Paul press #2) Ask them to attend the March 19th GoldChain Podcast event.
All Silver investors understand that Gold and Silver represent the chief alternative to the US dollar, which lost its gold peg in 1971 and oil peg in 2023.
Therefore, All precious metals advocacy groups (except The Silver Institute) criticize the practices of The Federal Reserve and the US Dept of Treasury.
They do so because Gold and Silver can not be printed, whereas the Federal Reserve Note is Printed, and this unconstrained monetary policy causes poverty (inflation) and wars (because the villagers would have never voted for 251 wars since 1991
All silver stackers understand that Congress is involved in the theft on a massive scale through their insider briefings and then trading energy, tech, and war stocks. No laws prohibit insider trading, yet ordinary citizens are jailed for this activity. (this is slightly off-topic, but we will circle back to this soon. The topic is linked to the Federal Reserve note acting as a war bond)
The Silver Institute has strong ties to the evil Federal Reserve, the pathetic Department of Treasury, and the immoral US Military (which is the only thing backing the US dollar)
Back to Mexico and How The Silver Institute Failed again.
Meet one of the Most Powerful Men on Planet Earth, You Wouldn’t Learn this following US Media.
Mr. Andrés Manuel López Obrador. AMLO is superior to any politician shit USA has ever produced, or any politician Bateman and DiRienzo suck off daily.
Andrés Manuel López Obrador, commonly known as AMLO, is a prominent figure in Mexican politics, known for his plebeian populism and focus on social justice and grassroots causes. AMLO formed his own party, the National Regeneration Movement (MORENA), by uniting various social groups historically favored by state paternalism until 1982.
These groups include informal workers, unions, urban organizations, indigenous peoples, and middle-income sectors impacted by economic changes like plummeting oil prices and public sector cuts.
AMLO's political roots trace back to his involvement in the PRI during the populist terms of Luis Echeverría Álvarez and José López Portillo, where public spending benefited specific sectors within the party. His emphasis on rehabilitating state-owned companies like Petróleos Mexicanos (Pemex) stems from his early experiences in Tabasco, where he worked on projects benefiting local indigenous communities.
AMLO's leadership style places him as a public square politician who prioritizes the people over institutions, aiming to give voice to marginalized sectors like the plebs and make them visible in national politics through his actions and theatrical gestures
It is fair to say that Andrés Manuel López Obrador (AMLO) favors nationalizing specific industries, particularly in the energy sector?
Yes, It is fair to say that Andrés Manuel López Obrador (AMLO) favors nationalizing certain industries, particularly in the energy sector. And remember that Silver = Energy. That's well established. Photovoltaic, Silver Zinc Batteries, NetZero, Hydrogen Fuel Cells, et al.
AMLO has shown a strong inclination towards nationalization, as evidenced by his actions to reclaim control over critical resources like oil and lithium. Is Silver next? It's very possible.
He commemorated the 85th anniversary of Mexico's oil nationalization, emphasizing the importance of state ownership of hydrocarbons and the need for energy self-sufficiency.
AMLO's administration has taken steps to nationalize lithium reserves to prevent foreign exploitation, aligning with his vision of protecting Mexico's resources for the benefit of its people. These actions reflect AMLO's commitment to sovereignty and his belief in state control over strategic resources to serve the nation's interests.
Here is his Secretary of Environment
Silver Institute has yet to do anything to advocate for their Mining Clients.
Pan American Silver reported an AISC of $26.55, while Silver Institute called for $18 Silver in their last Scammy World Silver Survey.
Remember we discussed that the Silver Institute, in over 30 years, has never released ONE PUBLIC INFORMATION CAMPAIGN PROMOTING SILVER. Why such a failure? Because they hate Silver!
Dentists have them, roofers have them, dairy councils have them, the beef industry has them, pizza restaurants have them, lawyers have them, and Hail and Nail Salons have them. Vitamin Companies have them. Window companies have them, Car companies have them, Insurance companies have green geckos, but Silver (the element that has been most versatile the World has ever seen, Nope, Zip, Zilch, Nada, Ain't gonna happen under the Silver Institute's abysmal failures.
They have only promoted Silver with disinformation, so it doesn't surprise me that the Silver Institute's Twitter page shows that they do not even follow the tweets of Mexico's Secretaria de Medio Ambiente y Recursos Naturales. The woman who has the power to deny permits.
Suppose Silver Institute doesn't watch what is happening in their backyard. How can they advocate for their Mexican mining friends who are losing billions of dollars because Silver Institute is smashing down Silver prices?
Below is proof that Silver Institute doesn't even watch what is happening. Because we follow the Scammy Silver Institute and Mexico's influential decision-makers on mining operations, it's easy to see that the Silver Institute doesn't even try to do any "social listening," which is step 1 in our modern World. If Silver Institute was trying to do more research on our friends south of the border we recommend they follow Maria (they do not)
They are members of “nothing exists outside DC and New York” mentality.
Conclusion
In contrast to The Silver Institute, the Silver Academy has the highest respect for AMLO and his Secretaria de Medio Ambiente y Recursos Naturals María Luisa Albores González. We have reached out to her and hope to discuss issues that are important to her constituents, such as the jobs that mining creates, economic development, the environment, and water.
But it's important to emphasize that, like the fracking debate, we all need the things (mobile phones, solar power, circuitry, computers…all powered by Silver), so it's all about the balance between future generations and modern living, a job much too big for the Silver Academy or Scammy Silver Institute.
New video emerges
[1] https://www.statista.com/statistics/1385887/leading-silver-mines-in-mexico/
[2] https://www.investopedia.com/articles/investing/022516/worlds-top-5-silver-mining-companies.asp
[3] https://mexicobusiness.news/mining/news/mexico-has-four-worlds-nine-largest-privately-owned-mines
[4] https://www.statista.com/statistics/1034371/mexico-leading-production-units-silver-mining/
[5] https://www.mining-technology.com/marketdata/five-largest-silver-mines-mexico/
[1] https://mexiconewsdaily.com/news/amlo-rally-marks-85th-anniversary-of-oil-nationalization/
[2] https://qz.com/mexico-buys-power-plants-amlo-isolationism-1850303387
[3] https://peoplesdispatch.org/2023/03/20/mexico-is-a-free-and-independent-country-amlo-leads-rally-in-defense-of-sovereignty/
[4] https://www.reuters.com/world/americas/mexicos-lopez-obrador-orders-ministry-step-up-lithium-nationalization-2023-02-19/
[5] https://peoplesdispatch.org/2023/03/18/mexico-is-charting-its-own-path-towards-energy-sovereignty/
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Hurrah for Ms. Gonzales!! Hearty thanks and congratulations to a person who will stand up to the omnipresent dogma that the earth is I inexhaustible, it’s put here for human use, plants and animals don’t count, and everything under the sun can be justified and excused in the name of “jobs”.
That having been said, my guess is that she’s quite aware of the importance of silver in the modern world. But maybe it’s not quite as important as clean water, biodiversity and land on which people can safely live and grow crops? Try living without those?
Look at the open pit mines. They are places devoid of all forms of life. Once the ore is extracted, they will REMAIN devoid of life forever, or at least permanently within any humanly meaningful time frame. In the common mind (and certainly the minds of most miners), no problem! There’s always endless new frontier to move on to, and the planet hasn’t collapsed, yet, so worriers are fools. In the minds of biologists and more thoughtful people, however, these growing pits of planetary extinction have repercussions far, far beyond their nominal footprints and are, indeed, an aspect of planetary collapse currently in progress. Like the person who believes in fiat money, the person who blindly believes in the endlessness of nature won’t see the natural collapse coming, and will be totally taken by surprise when brewing problems explode because they’ve spiraled beyond the point of no return. And nobody knows where that point is.
That having been said, I don’t believe that mining and the environment are totally incompatible. What’s incompatible are the environment and the mindset/attitude of most miners. The several I’ve spoken to over the years all have the same characteristics: they lie consistently to get their agenda accepted; they grossly overestimate their own understanding of the environment and the impact they’re having on it; they likewise grossly overestimate their ability (and willingness) to play nicely and clean up after themselves; they regard anyone not wealthy, or interested in investing, or at odds with their plans, as inherently inferior people; they lack empathy; and their general attitude is “it’s ALL ABOUT ME!!!!”.
There’s no way to work with people like that. They must be continually directed and kept under control by a superior force, because force, selfishness and deception are the only languages they speak. The ones who can be brought to heel, and the very few who will voluntarily respect nature, must be rewarded. The others must be kicked out of the game.
We need both silver AND nature, but we need nature more. Without nature, silver has no value and is meaningless. Let’s support Ms. Gonzales’ efforts to bring balance into the equation. And I mean GENUINE balance, not the elitists’ fake “we’re going to starve and enslave you to save the planet” PC environmental hypocrisy.
So, silver, or planet? We CAN have both, IMO. We NEED both. What we DON’T need is the tone deaf mindset of most miners. If Ms. Gonzales can find a way to work around that, then I think the future will look much brighter for both people and planet.
Provided we can keep the silver out of the hands of the military/industrial complex and return it to its rightful place as currency.