Kitco News
(Kitco News) – Seabridge Gold (TSX:SEA, NYSE:SA) announced today that it completed the acquisition of the 3 Aces gold project in the Yukon, Canada from Golden Predator Mining Corp. for 300,000 Seabridge common shares, potential future cash payments totalling $2.25 million, and continuing royalty participation in the project by Golden Predator.
The post Seabridge Gold completes 3 Aces gold project acquisition appeared first on WorldSilverNews.
Kitco News
(Kitco News) – The yellow metal could be looking at nearing the $5,000 an ounce price tag in a decade and that is a conservative estimate, according to the annual In Gold We Trust Report published by Incrementum AG.
The post Gold to see $5,000-$9,000 price levels in 10 years – In Gold We Trust Report appeared first on WorldSilverNews.
Casey Research/Tom Dyson/5-25-2019
“In the 1840s, Henry David Thoreau lived in a cabin in the woods for two years. He wrote Walden, a famous book about his experience. In 2018, my ex-wife Kate and I went to live in our own ‘financial’ cabin in the woods. We sold all our liquid assets, drained our bank accounts, and handed in the keys to our apartments. I sold my car, all my furniture, and converted everything to physical gold and silver.”
USAGOLD note: Dyson goes on to say that he follows one particular indicator to know when to buy gold and when to sell it – the Dow-to-Gold Ratio. More at the link ……
Linkedin/Ray Dalio/5-21-2020
“In brief, after the creation of a new set of rules establishes the new world order, there is typically a peaceful and prosperous period. As people get used to this they increasingly bet on the prosperity continuing, and they increasingly borrow money to do that, which eventually leads to a bubble. As the prosperity increases the wealth gap grows. Eventually the debt bubble bursts, which leads to the printing of money and credit and increased internal conflict, which leads to some sort of wealth redistribution revolution that can be peaceful or violent.”
USAGOLD note: Dalio – using Holland and Britain as examples – shows how empires cycle in a predictable pattern and how global reserve currencies issued by those empires cycle with them.
