Ronan Manly
Tue, 05/11/2021 – 17:33
Endeavour Silv…
Tue, 05/11/2021 – 13:51
Financial Times/Chris Flood/5-9-2021
“Investors have been buying silver for similar reasons as gold. Silver provides a potential safe-haven asset in the depths of a crisis, a portfolio diversifying asset, and as protection against the risk of renewed inflation.” – Chris Mellor, Invesco Europe
USAGOLD note: The demand for physical silver at USAGOLD has calmed a bit over the last thirty days but is still running at very high levels with one-ounce bullion coins the prime beneficiary. Much of this article is centered around ETF demand which market experts see as cooling somewhat in 2021 but still posting “a big increase by historic standards.”
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FXStreet/KBC Bank Market Research Desk/5-10-2021
“In the short-to-medium term, it’s hard to see what could help US real yields catching up with inflation expectations again. That holds the dollar hostage in a vulnerable position. This week’s plethora of Fed governors will stick to the dovish line. Technical action in US yields suggests a firm bottom and favors more sideways action going forward.”
USAGOLD note: If Belgium’s KBC Bank is correct in its analysis, negative rates will prevail and precious metals are likely to react favorably.
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