Kitco News
(Kitco News) – The council is monitoring Asian markets to see if there is an uptick in PGM sales after COVID-19 related disruptions.
The post Platinum group metals hope to catch a lift from gold appeared first on WorldSilverNews.
Month: July 2020
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Aeris Resources now owns Cracow Gold Mine
Kitco News
(Kitco News) – Aeris said Cracow has been operating continuously since 2004, producing more than 1.4 million ounces over its life.
The post Aeris Resources now owns Cracow Gold Mine appeared first on WorldSilverNews.
Kitco News
(Kitco News) – The gold market is moving fast this year and unless investors pay attention to the price action, especially in the gold equities space, they might end up missing out, said Lion Selection Group executive director Hedley Widdup.
The post Pay attention to the gold sector: ‘It is moving fast’ as investors pile into gold equities — Lion Selection Group appeared first on WorldSilverNews.
Kitco News
(Kitco News) – One of Canada’s newest gold mine is now in full operation with Victoria Gold announcing commercial production at its Eagle Gold Mine in the Yukon Territory.
The post Victoria Gold announces commercial production at Eagle Gold Mine appeared first on WorldSilverNews.
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The Capital Spectator/James Picerno/6-30-2020
‘By some accounts, the recent bull run has more room to run. ‘We are still in the early stage of this next bull market, which is probably going to be the most violent and in percentage terms biggest bull market since it began in 1999-2000,’ predicts Thomas Puppendahl of Chancery Asset Management.”
USAGOLD note: The Fed has already gone public that it will keep rates near zero until 2022, according to a recent CNBC report – a key ingredient in the bullish argument for gold.
Financial Times/Joe Rennison and James Fontanella-Khan/6-30-2020
“‘This is not like any other situation that the economy has experienced, certainly in my lifetime,’ said Larry Young, a Houston-based managing director at consultant AlixPartners, which specializes in corporate turnarounds.”
USAGOLD note: Is this the end of the beginning or the beginning of the end?