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What’s A Fair Price for Silver (XAG=X)? And Where Should You Buy It? Live Trading News
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Silver had its best quarter since 2010, up a massive 27.62 percent for the three months ended September 30. Gold also had a strong quarter, up 5.89 percent despite a weak September. Holdings in gold-backed ETFs saw an eighth straight quarter of expansion. So far in 2020 they have added around 860 tons.
Frank Holmes
Mon, 10/05/2020 – 09:42
Kootenay Silver Inc.
Mon, 10/05/2020 – 07:55
Business Insider/Theron Mohamed/10-1-2020
“I bought gold for the first time in my life a week ago. I understand the case for gold. We’re on the way to some banana republic situation. Nobody’s worrying about the debt that’s being created. … We’re pulling it off, because interest rates are zero, but interest rates aren’t going to be zero forever. If they are, they’re going to destroy the whole capital market line, they begin to destroy capitalism. It just doesn’t make sense to me”
USAGOLD note: For many of us, 2020 has been a year of firsts and radical alterations to our life view. Cooperman joins a long list of hedge fund managers and billionaire investors who have turned to gold under trying economic circumstances. He is the highly regarded head of New York City-based Omega Advisors, a family office with $1 billion under management. He says what he fears most is socialism.
Image courtesy of Visual Capitalist
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Recent Better Business Bureau Five-Star Client Review
[Link]
USAGOLD Recommendation: The precious metals industry is unique in the financial industry in that it is not subject to oversight or regulation by third-party government entities like the SEC or CFTC. As such, marketplace forums and feedback sites often serve as a replacement for investors attempting due diligence. While several options can be found, by far the most impartial and least susceptible to vested influence is the Better Business Bureau. When looking at a company’s BBB profile, don’t focus solely on the rating. To be honest, pretty much everybody has an ‘A’ or ‘A+’ rating. What is far more important to assess is the number and nature of complaints, number and caliber of positive and negative reviews, longevity with the BBB, as well as the number of ‘stars’ given a company through the actual customer review system.
To end right, start right.
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The post https://www.usagold.com/cpmforum/2020/10/315427/ first appeared on Today’s top gold news and opinion.
