Fortuna announces resumption of production at the San Jose Mine, Mexico GlobeNewswire
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MCX Silver Long Term Price Forecast
MCX Silver Long Term Price Forecast
Giving a bullish silver view is like shouting wolf. I am confident that the bullish silver wolf will arrive this year. Negative interest rates due to COVID crisis should result in a sharp rise in silver investment demand. Silver has to shed its industrial metal tag. Until then, there will be continued sharp selloffs if and when industrial metals suffer losses. COVID crisis will not result in significant reduction in industrial demand for silver. Silver investment requires patience and is not for everyone. Invest in silver with a two year perspective.
Insignia Consultants
Tue, 05/26/2020 – 08:51
Will Silver Prove a Better Investment than Gold this Summer?
Precious metals have always been a safe haven in troubled times. Prices tend to spike at the moment of greatest pessimism about inflation. Have we got there yet? Probably not even close.
SilverSeek.com
Tue, 05/26/2020 – 07:36
Silver Price Forecast – Silver Markets All Over the Place FX Empire
CPM Group’s Savant: silver prices can benefit from both sides of COVID-19 debate Kitco NEWS
Silver price analysis in May 2020: will the price break out to new highs? Capital.com
Silver Price Daily Forecast – Silver Gains Ground On Global Market Optimism FX Empire
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Now may be the best time for you to buy gold
NewsMax/Jim Hoffer/5-22-2020
“This time around, the coronavirus is causing interruption on an unprecedented scale, including the supply of physical gold. Three of Europe’s biggest gold refineries are based in the Swiss canton of Ticino. On March 24, cantonal authorities ordered all three refineries to close. Although they’ve been allowed to reopen since April 5, they’re still only operating at around 50% of their normal capacity, meaning there’s a squeeze on the supply of physical gold.”
USAGOLD note: With all the analysis published on gold ownership, we sometimes lose sight of simple availability of the metal as a fundamental factor driving market sentiment. We saw what happened in late April when a delivery squeeze developed relative to the effects of the coronavirus. End of May another delivery squeeze could develop when the heavy-volume June contract comes up for delivery.
Image courtesy of Visual Capitalist
Financial Times/John Plender/5-23-2020
“It is also sobering for western investors who fear Covid-19 may herald a Japanese-style future for the US and European economies. That would imply continual dependence on fiscal and monetary pump priming to fight endemic deflation, at the cost of ever bigger government debt: Japanification, in a word.”
USAGOLD note: Plender makes the same point advanced recently by Reinhardt and Rogoff: This time around, it is different … With the dangers of unemployment and zombified companies looming large, central banks, he says, will find it extremely difficult to retreat from monetary largesse. This time around, the result is likely to be a return of inflation – not Japanification.
- Pure Gold Mining Raises $12.3 Million From the Exercise of Share Purchase Warrants GlobeNewswire
- Pure Gold Mining poised to kick off exploration drilling while it continues to build Red Lake mine project in Ontario Proactive Investors USA & Canada
- Pure Gold raises $9 million from warrants, stock down – MINING.COM MINING.com
- Lundin Gold in C$50M financing www.mining-journal.com
- View Full Coverage on Google News