Mining Stock Quotes and Mineral & Metal Prices
February 2022 by Staff
One of the largest conundrums we would point out is the matter of rising interest rates starting to take place in several nations.
The Federal Reserve just reported that inflation exceeded their 2% target for the first time in five years and the University of Michigan reported their inflationary expectations have now risen to 2.7%.
Somehow, we received the impression from these two gatherings and from other conversations that bureaucrats in general are simply not aware of how difficult it is to raise capital to finance mining operations and how important it is for newer companies to show true progress in order to receive further financing.
Worried that the US dollar may not be good as gold, some Colorado lawmakers are pushing a bill to legalize gold and silver coins as usable currency.
One would think that the “science” of economics could lend itself to areas of high agreement between professionals, but that has hardly been the case throughout history—and it is not the case today.
Other economic commentators have joined in regarding the sounding of alarms. Retired Republican Congressman and presidential candidate Ron Paul feels financial markets could drop a stunning 50%...
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