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Silver

Silver Seeker Report: This Week in Mining Issue #12 – Strong Earnings Reports & More M&A

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$USAS, $BTG, $GOLD, $CXB.TO, $DPM.TO, $EQX, $FNV, $GSS, $GORO, $GLDX.V, $GCM.TO, $HL, $IAG, $KL, $LUG.TO, $NEM, $OCG.TO, $PAAS, $RGLD, $SAND, $SKE.V, $SKREF, $TMR.TO, $TMMFF $TXG.TO, $TORXF, $KGC, $WDO.TO, $WDOFF, $WPM —

Americas Gold & Silver: Announced a C$25m bought deal offering as it entered into an agreement with a syndicate of underwriters co-led by Cormark Securities and Desjardins Securities. The underwriters have agreed to purchase 8.93m common shares at a price of C$2.80/share for aggregate gross proceeds of C$25m. There is a 15% over-allotment option. Strategic investors led by Pierre Lassonde and Eric Sprott indicated they intend to subscribe for shares totaling C$8.75m.

Sunday, May 10th

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Silver

This Week: SilverSeek.com to Launch New Website

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(Denver, Colorado – May 10, 2020) SilverSeek.com is pleased to announce that it will be launching its new website in the coming week. This will be the third major revision to SilverSeek.com over the past 17-plus years. In the next version of SilverSeek.com, we are excited to announce the following features:

Silverseek.com

 

(Denver, Colorado – May 10, 2020) SilverSeek.com is pleased to announce that it will be launching its new website this coming week.  This will be the third major revision to SilverSeek.com over the past 17-plus years.  In the next version of SilverSeek.com, we are excited to announce the following features:

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Categories
Gold

Bank of England predicts worst contraction since 1706

Investopedia/Deborah D’Souza/5-7-2020

photo of door to the Bank of England, Threadneedle Street, London“The Bank of England also revealed a bleak outlook for the country in its May Monetary Policy report, its first since the outbreak. It expects the economy to contract by 25% and the unemployment rate to more than double to around 9% in the second quarter. GDP is expected to fall 14% for the year as a whole. This would make it the biggest slump the nation has seen since it contracted 15.3% in 1706 at the time of The War of Spanish Succession. U.K. GDP declined 4.2% in 2009 during the financial crisis.”

USAGOLD note:  If somebody would have told you a year ago that the Bank of England would issue a statement like the one headlined above, would you have believed it?

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Gold

BlackRock’s Fink delivers grim outllook

Bloomberg/Sridhar Natarajan/5-6-2020

graphic image of heads-up sign“Fink said on the call with clients of a wealth advisory firm that bankers have told him they expect a cascade of bankruptcies to hit the American economy, and he wondered if the Fed needed to do more to provide support, according to a person with knowledge of the remarks.”

USAGOLD note:  Fink has gained prominence as an advisor to both President Trump and the Federal Reserve. At what point, does Wall Street begin to react to the avalanche of gloomy predictions and concerns from respected market watchers?

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Gold

Silver coin premiums soar

ZeroHedge/Tyler Durden/5-9-2020

image of silver bars with rising chart trend line in background
“Today we’re back again in that territory; as of this morning, the ratio is 110:1, and it’s been as high as 120 or more in recent weeks. This ratio may stay elevated for a while, or even go higher. But in the past, the ratio has always returned to more traditional levels. Always. Even when the world was facing Adolf Hitler or the Great Depression. So it stands to reason that, if they keep printing money (which they already are), and the ratio eventually returns to its historical range, the price of silver could really skyrocket. …and it won’t be due to the economy.”

USAGOLD note:  ZeroHedge bestows its blessing on silver as a safe haven alternative and tells why ……

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Gold

screenshot of Trading Economics Week Ahead for week of 5-11-2020


USAGOLD note:   In short, a steady stream of negative news is likely to hit the international financial pages this coming week – much like last week.

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Gold

Covid-19 Shutdown Continues, Economic Damage Done Yet To Be Realized

One of the few things we know here in the U.S. is that unemployment is skyrocketing. The many unknowns include… by David Morgan of The Morgan Report Global Shutdown Continues […]

The post Covid-19 Shutdown Continues, Economic Damage Done Yet To Be Realized appeared first on Silver Doctors.

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Gold

Frame-up: FBI Admits There Was No Legitimate Case Against General Flynn

Documents forced out of the FBI’s hands reveal the case against Flynn was illegitimate. How can the FBI be allowed to get away with this? by Paul Craig Roberts via […]

The post Frame-up: FBI Admits There Was No Legitimate Case Against General Flynn appeared first on Silver Doctors.

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Gold

Economic Carnage Like We Have Never Seen Before: US Economy Will Continue To Bleed Jobs

The catastrophic job losses don’t even tell the entire story… by Michael Snyder of The Economic Collapse Blog Now we are up to 33.5 million jobs lost.  In just 7 […]

The post Economic Carnage Like We Have Never Seen Before: US Economy Will Continue To Bleed Jobs appeared first on Silver Doctors.

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Gold

GOLD FRAUD!

The sovereign scheme to suppress the gold and silver price will ultimately fail… Stuart Englert interviewed by Philip Kennedy on Kennedy Financial Stuart Englert is the author of Rigged: Exposing […]

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