The world’s second largest primary silver mine, Tahoe Resources Escobal Mine, was forced to shut down operations in Guatemala by a ruling from the country’s Supreme Court. This was due to a provisional decision by the Guatemalan Supreme court in respect of a request by CALAS, an anti-mining group, for an order to temporarily suspend the license to operate the Escobal Mine until there is a full hearing. (picture courtesy of Tahoe Resources)

While this story has been out for a few days, I believe there is a great deal of misinformation on the Mainstream and Alternative media about the current situation and future outcome of Tahoe’s flagship Escobal Mine. Some analysis suggests that this is just a small speed-bump for Tahoe, so when they are able to address disputed regulatory issues, production and profits wil ... Read more »

One of the core tenets of our business is educating people who have never owned physical gold or silver. We introduce them to the metals markets and put the spotlight on dishonest money as the foundation for unrestrained government. We get lots of great questions and we like to publish our responses to the most common of them.

Reader Question: What is your take on Bitcoin?

Answer: We believe in honest money. Although flawed, Bitcoin represents a remarkable innovation on that front. That is why Money Metals was among the first bullion dealers to accept Bitcoin payments for precious metals.

If decentralized cryptocurrency proves to be beyond the ability of central bankers and bureaucrats to manipulate or control, it will be a meaningful step forward for personal liberty and a blow to corrupt governments, banks, and markets. It has that potential in common with gold, which imposed restraint on Wall Street and Washington DC right up ... Read more »