Gold, Silver & Other Precious Metals 17 (May 19 - Jan 23)

[behappyalways]

Von Greyerz: Will Gold Reach Unthinkable Heights?
https://www.zerohedge.com/markets/von-g ... le-heights

[winston]

Steady US Dollar?

Gold prices inched up on Thursday (Oct 21), extending gains into a third session as a softer dollar made the metal cheaper for buyers holding other currencies.

Spot gold rose 0.2 per cent to US$1,784.96 per ounce by 1.46 am GMT.

US gold futures were little changed at US$1,784.60. Bullion prices have traded between US$1,759 and US$1,788 this week.

A weaker dollar on Thursday kept the metal close to the higher end of this range.

Two US Federal Reserve officials said on Wednesday (Oct 20) while the central bank should begin winding down its stimulus measures, it was too soon for interest rate hikes.

Source: Phillips

[winston]

Platinum Could Make a Double-Digit Rally From Here

by Chris Igou

Commitment of Traders: They recently bet against platinum at extreme levels. And that means a rally is likely.

Aberdeen Standard Physical Platinum Shares Fund (PPLT). This simple fund holds a stockpile of platinum and tracks the moves in the metal.

Source: DailyWealth.com

https://dailytradealert.com/2021/10/22/ ... from-here/

[winston]

Gold’s inflation-haven appeal means ‘violent’ run-up may be ahead

by James Attwood

“The reaction tends to be immediate and violent when it does happen. That’s why I’m quite confident that gold will achieve US$3,000 an ounce in months not years.”

Inflation is also rippling through the gold industry, with labor and input scarcities emerging and costs rising. That creates another incentive for mid-sized producers to seek savings through mergers and acquisitions after years of under-investment saw reserves shrink.

Source: Bloomberg

https://www.theedgemarkets.com/article/ ... y-be-ahead

[behappyalways]

The world’s top 10 gold mining companies
https://www.mining.com/web/the-worlds-t ... companies/

[behappyalways]

Von Greyerz: Shortages & Hyperinflation Lead To Total Misery
https://www.zerohedge.com/geopolitical/ ... tal-misery

[behappyalways]

How Much Gold Is There In The World?
https://www.zerohedge.com/commodities/h ... here-world

[behappyalways]

Poland Plans To Add Another 100 Tons Of Gold To Its Reserves
https://www.zerohedge.com/geopolitical/ ... s-reserves

[behappyalways]

Singapore adds to its gold pile for the first time in decades
https://sg.finance.yahoo.com/news/singa ... 12729.html

[winston]

These Stocks are Offering a Great Opportunity

by Jody Chudley

“Gold and silver producers are trading at historically low free-cash-flow multiples and strong near-term growth prospects".

The beautiful thing about buying high-quality gold and silver producers today is that, even if we are wrong and inflation cools, you aren’t going to lose anything.

These companies are already at historically low valuations and can’t go much lower.

On the upside, there’s a lot of room to run through both valuation multiple expansion and earnings growth.

Source: Wealthy Retirement

https://dailytradealert.com/2021/12/13/ ... portunity/