Kitco News
(Kitco News) – Kitco ranked the biggest gold operations in the United States by production in 2020.
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The post Top 10 biggest gold mines in the United States – report appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Kitco ranked the biggest gold operations in the United States by production in 2020.
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The post Top 10 biggest gold mines in the United States – report appeared first on WorldSilverNews.
“”silver price”” – Google News
Silver Price Analysis: XAG/USD recovers intraday losses, trades above 200-hour SMA/38.2% Fibo. FXStreet
The post Silver Price Analysis: XAG/USD recovers intraday losses, trades above 200-hour SMA/38.2% Fibo. – FXStreet appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Fortitude Gold (OTCQB: FTCO) today instituted a monthly dividend of $0.02 per common share, or $0.24 annually. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A.
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The post Fortitude Gold initiates monthly dividend appeared first on WorldSilverNews.
RealInvestmentAdvice/Patick Hill/4-1-2021
“Our economy has entered the twilight zone. Today, economic leaders base policies on a hoped-for utopia with bubbles called ‘growing markets’ and greed termed ‘good valuations’. The twilight zone economy is a place where fundamentals have disappeared. It is a utopian world of no moral hazard for business, financial or economic mistakes. In the last year, the Federal Reserve has injected over $4.1T into the banking, hedge fund, Wall Street complex of the financial elite. Vast injections of dollars have sent stock valuations to record highs. Yet, the pandemic-driven economy is real for 19M Americans out of work, others who lost 540,000 loved ones, and millions carrying housing debt due to missed rent and house payments.”
USAGOLD note: What are the consequences when financial markets trade on a perception of reality rather than reality itself? Patrick Hill, who has 20 years of experience in the tech sector under his belt, explores that question in this in-depth article and offers some conclusions with which we happen to agree. The reality, however, is that the Federal Reserve and the federal government are not likely to take his advice anytime soon …… A must-read at the link…
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Bloomberg/Susanne Barton and Daniela Sirtori-Cortina/3-31-2021
“The slide came in a quarter when a gauge of the greenback fell the most since 2010, and amid questions about how long the dollar can maintain its status as the pre-eminent reserve currency. The Chinese renminbi is transforming into a force to be reckoned with in currency markets, with more yuan changing hands than ever before in London, the world’s leading foreign-exchange center.”
USAGOLD note: This Bloomberg article is a timely follow-up to the Kenneth Rogoff analysis referenced on Friday in which he cited the U.S. dollar’s “fragile hegemony” and warned of the potential for “a significant shift in the international monetary order.” A chart posted with this article shows that the dollar’s share of global reserves was 85% in the early 1970s. It is 59% now.
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