Categories
Silver

Medgold Resources Announces Letter of Intent with Fortuna Silver Mines to Consolidate Ownership of the Tlamino Project, Serbia – Junior Mining Network

Medgold Resources Announces Letter of Intent with Fortuna Silver Mines to Consolidate Ownership of the Tlamino Project, Serbia  Junior Mining Network
Categories
Silver

NYSE Gold Stock DRD Quadruples In Price In 4 Months: Mines Reopen As South African Covid-19 Cases Drop – Forbes

NYSE Gold Stock DRD Quadruples In Price In 4 Months: Mines Reopen As South African Covid-19 Cases Drop  Forbes
Categories
Silver

SLV Silver Inflows Are Mind Boggling

SLV Silver Inflows Are Mind Boggling

While the COMEX silver price remains in the $17 area, we’ve seen demand surge, supply drop, and premiums on physical silver rise.

And when you look at the stunning amounts of silver that are reportedly being added to the silver trusts like SLV, some of the numbers just don’t add up.

Which we dig into in tonight’s video, so click to watch it now!

Chris Marcus
Thu, 06/18/2020 – 17:19

Categories
Silver

New All-Time High Silver Price within Two Years says Analyst Chris Marchese

New All-Time High Silver Price within Two Years says Analyst Chris Marchese

Chris Marchese is the chief mining analyst at SilverSeek.com & GoldSeek.com.  In this interview, he shares that he foresees a new all-time high silver price within two years.  Chris also offers his take on where the gold price is headed and whether we will see doldrums or fireworks in the precious metals sector this summer.  He also provides commentary on the junior mining sector and how he arranges his mining portfolio.

Chris Marchese
Thu, 06/18/2020 – 14:02

Categories
Silver

Montreal Police search for Suspects in $10M Silver Heist

Montreal Police search for Suspects in $10M Silver Heist

In January, a container holding 596 bars of silver was stolen from a LaSalle transportation company by suspects who allegedly used fake documents to take possession of the items.

SilverSeek
Thu, 06/18/2020 – 13:34

Categories
Silver

Timeline Chart Shows Over 100 Years of Gold and Silver Prices

Timeline Chart Shows Over 100 Years of Gold and Silver Prices

A lot of investors are looking at the stock market and wondering how it could possibly be so high right now. Unemployment is at levels last seen in the Great Depression. The U.S. is facing historic civic unrest and protests. There’s an uncertain national election in 6 months. And a feared second wave of the coronavirus is still on the horizon. All these events are making people rethink their position on precious metals, and our latest visualization can provide a needed long-term perspective on financial history.

SilverSeek.com
Thu, 06/18/2020 – 10:45

Categories
Gold

U.S. money supply: The pandemic moonshot

Acting Man/Peter Tannebaum/6-15-2020

graphic image of money with dollar signs“It started out with Jay Powell planting a happy little money tree in 2019 to keep the repo market from suffering a terminal seizure. This essentially led to a restoration of the status quo ante ‘QT’ (the mythical beast known as ‘quantitative tightening’ that was briefly glimpsed in 2018/19). Thus the roach motel theory of QE was confirmed: once a central bank resorts to QE, a return to ‘standard monetary policy’ becomes impossible. You can check in, but you can never leave.”

USAGOLD note:  The Hotel California allusion is an apt one.  Tannebaum does a good job illuminating the dangers of an extended stay.

Categories
Gold

A record 78% of investors think the stock market is overvalued, Bank of America says

MarketsInsider/Carmen Reinecke/6-16-2020

graphic image of street sign showing the corner of Wall Street and Main Street USAG“A record number of investors think that the stock market is ‘overvalued,’ according to Bank of America’s June Fund Manager survey. Net 78% of investors said that the stock market is too expensive, the most since the fund manager survey began in 1998, Bank of America said Tuesday. The firm surveyed 212 fund managers with $598 billion under management during the week ending June 11.”

USAGOLD note:  Wall Street’s pros think the market is on shaky ground.  Main Street, if reports are to be believed, is oblivious ……

 

Categories
Gold

Gold-mining shares still ‘cheap’ based on historical metrics – VanEck’s Foster – Kitco NEWS

Gold-mining shares still ‘cheap’ based on historical metrics – VanEck’s Foster  Kitco NEWS
Categories
Gold

One short-selling financial firm says the Donlin Gold mine is too expensive to build – Alaska Public Media News

One short-selling financial firm says the Donlin Gold mine is too expensive to build  Alaska Public Media News