Soft gold prices without hard-money rates? Not for long, says the world’s 40-year unbacked money so far… JUST HOW MUCH ABUSE can soft money take? Two-thousand-and-eleven sees a big, but so far little-noted ruby anniversary. Expect to hear lots more about it as August 15th draws near. Because that day will mark 40 years since [...]
Silver
Gold Bullion Development Corp. is pleased to report that Phase 2 drilling and nearly 11,000 metres of Phase 3 drilling at its 100% owned Granada Gold Property have intersected new mineralized structures throughout the LONG Bars Zone in both the Prelim…
Ventana Gold Corp. today announced that it has filed its National Instrument 43-101 technical report in respect of its initial resource estimate and scoping study for the La Bodega project announced on November 8, 2010. Each of the initial resource e…
I’ve always had a soft spot for silver. It’s the people’s precious metal. It’s gold’s cheeky cousin. If gold’s fine dining, then silver is a lazy Sunday roast with your family. And something amazing has started in the silver market. The silver price took nine long months to crawl from $18 to $20. It then [...]
Poor National Australia Bank [ASX: NAB]. Or I should say poor customers of National Australia Bank. Another so-called “glitch” struck it again yesterday afternoon. Twice in the space of a couple of weeks. Dear oh dear. If you’re an NAB customer I’d suggest twice is enough. It’s time to shift your savings account somewhere else. [...]
In a recent article, we showed you how silver had become systematically de-monetised by governments over the past 150 years or so. These actions have seen the gold/silver ratio move from its long term historical average of around 15:1 to 66:1 today. In other words, one ounce of gold is now equivalent to 66 ounces [...]
Four crucial twists in the case for inflation-friendly, growth-friendly silver…
SO CASH-in-the-BANK remains the nearest thing to “risk-free” that the finance industry offers. But risk-free now means “sure-fire loss” thanks to sub-zero real rates of interest.
The longer that interest rates stay below inflation, the more people will be forced to take more risks to defend what [...]
Silver Standard Resources Inc. report that the sale of the Silvertip Project to Silvercorp Metals Inc. closed on February 26, 2010.
Silver Standard was issued 1.2 million common shares of Silvercorp at a deemed price of $6.25 per common share, and received a cash payment of CDN$7.5 million, for total consideration of CDN$15 million for [...]
Precious metals have been strongly demanded during the last few months: gold prices jumped above $1,000, silver and palladium prices reached recently a new 12-month high.
What about platinum? Have a look at the chart: the medium-term bullish trend in place since last November may above soon. A correction is expected.
Indeed, 11 months of up-trend have [...]
