GR Silver Mining releases latest drill results from underground and surface work at Plomosas Mine Proactive Investors USA & Canada
Month: February 2021
GR Silver Mining says latest results from Plomosas silver project continue to show potential for district-scale mineralization Proactive Investors USA & Canada
GR Silver Mining Reports Underground and Surface Drilling Results in the Plomosas Mine Area Canada NewsWire
Secretive Vaults Under London Store Silver and Gold (Bloomberg Video)
https://www.bloomberg.com/news/videos/2021-02-08/secretive-vaults-under…
SilverSeek
Mon, 02/08/2021 – 14:04
Categories
The Cat’s out of the Bag
The Cat’s out of the Bag
So how did so much silver get purchased in such a short period of time without exploding in price by $10 or $20? It had nothing to do with the buyers and everything to do with the sellers (probably the same big 4) who are short on the COMEX. It was the sellers that sold enough to prevent silver prices from soaring.
Ted Butler
Mon, 02/08/2021 – 06:24
Categories
Gold: Deja Vu 2020 all over again
Seeking Alpha/Equity Management Academy/2-4-2021
“Gold’s price does not reflect the fundamentals, which continue to worsen. The economy still requires large stimulus packages. Every time the Fed and government delay, the deeper the economic damage is going to be. With the amount of stimulus that they are discussing coming into the market, it is difficult not to see how it can’t cause the US dollar to lose even more value and for inflation to increase significantly. We may be looking at a situation like we saw in the 1970s, with inflation rising and interest rates hitting 14 percent or more. Precious metals are a traditional safe haven during such times. You can convert your fiat currencies into gold and protect its value. If you buy gold, you are in effect selling dollars. Precious metals are volatile, but we recommend having one-third of your net worth in precious metals to give you the protection you need against the coming inflation and devaluation of the US dollar. The value of gold today does not reflect its intrinsic value in relation to all the other markets.”
USAGOLD note: Strong views on gold and silver from the Equity Management Academy with some well-constructed theory on how and why the precious metals are “likely to move up from current levels.”
The post Today’s top gold news & opinion first appeared on Today’s top gold news and opinion.
NewsMaxFinance–AP/2-5-2021
“The U.S. trade deficit rose 17.7% last year to $679 billion, highest since 2008, as the coronavirus disrupted global commerce and hampered President Donald Trump’s attempts to rebalance America’s trade with the rest of the world.”
USAGOLD note: An unexpected set-back that could in time find its way to the gold and dollar markets ……It happened, we should remember, at a time when oil (a major influence on the imbalance in the past) was trading at low prices.
Sources: St. Louis Federal Reserve, U.S. Census Bureau, U.S. Bureau of Economic Analysis
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The post Today’s top gold news & opinion first appeared on Today’s top gold news and opinion.
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