Kitco News
(Kitco News) – “The benefits of incorporating Iron Cap into mine plans at an early stage have exceeded the upper end of our expectations.”
The post ‘Electrified and partially-automated’ mine improves Seabridge’s economics appeared first on WorldSilverNews.
Kitco News
(Kitco News) – MAG intends to use the net proceeds of the offering to fund exploration and development of the Juanicipio project located in Mexico.
The post MAG Silver announces C$60 million private placement with Eric Sprott appeared first on WorldSilverNews.
“”silver price”” – Google News
MAG Silver announces C$60 million private placement with Eric Sprott Kitco NEWS
The post MAG Silver announces C$60 million private placement with Eric Sprott – Kitco NEWS appeared first on WorldSilverNews.
TradingView/VovaNapas/4-23-2020
“There are a few similarities that we can identify by looking at the weekly charts of DJI today and DJI on the edge of1930s:
• First of all, there is a period of doubt where price volatility increases (red zone on the chart), which is then followed by the last push of the price to record the high point of the entire period.
• Secondly, a very sharp drop of asset price (49% in 1929 and 38% in 2020) which by itself signals that the prevailing trend is under threat.
• At last, just before the general consensus that the economy entered a recession, we see a strong retracement from the drop . In both cases, the price retraced back by a half or even a little more.
The pattern is repeating itself.”
Chart courtesy of TradingView.com
Gallup/Justin MacCarthy/4-24-2020
“Roughly one in six Americans view savings accounts or CDs (17%) and gold (16%) as the best long-term investment. Gold finished first in 2011 and 2012, a time when real estate was seen as risky after the subprime mortgage crisis.”
USAGOLD note: These numbers take into account the effects of the coronavirus on investor attitudes. Real Estate usually ranks one or two in Gallup’s long-term investment poll. Stocks, CD’s and gold are tightly packed at present in the two, three, and four positions respectively.