Mining Stock Quotes and Mineral & Metal Prices
May 2019 by Staff
...the much more important question is this: does this short-term strong rally necessarily portent a genuine turnaround from the metals share bear market that has been ongoing since mid-2011? For a possible answer, we turn to the long-term, five-year XAU chart.
...here in America, another legislative financial crisis was averted as the National Debt limit was extended in January to $16.394 trillion. Only one year ago the authorized debt limit was a “mere” $14.294 trillion.
Putting it all together, we have indications that the petroleum price increases could continue and we believe that if that is the case, the impact on precious metals would be positive.
Investors and collectors may also be able to purchase palladium coins after President Obama signed a bill authorizing palladium coins if there is sufficient demand.
All we can say is “Welcome to 2012,” and if the first part of January is any indication, it is going to be quite a year on many fronts from the ongoing international financial crisis to the progress of a presidential election set to end this coming November.
The most impressive fact about gold’s performance during 2016 is the yellow metal’s ability to withstand news shocks, hold on to previous gains and gradually move to new, higher levels.
The Bawl Mill • Legislative and Regulatory Update • Ask The Experts - Who owns this historic mill and how do I handle possible mercury contamination? • Ask The Experts - Sampling and assays • The Geology of Diamond Deposits • Keep Watch for The Unexpected • Resurrecting An Old Hard Rock Mine—Gold At Last! • Imagining the Ultimate Prospecting Adventure • Gold Prospecting for Better or Worse: Cold Gold • Gary It's There • Following the Clues • A Generous Lesson on Detecting Bedrock • Melman on Gold & Silver