Mining Stock Quotes and Mineral & Metal Prices
March 2011 by Staff
Banking problems continue to find their way into the world’s financial media, and we note below that another nation, Slovenia, is now grabbing attention with a banking crisis of their own as well as a downgrading of their national bonds by Moody’s Investment Services.
I believe this is a powder-keg waiting to explode down the road—with potentially devastating effects on society—but positive implications for gold and silver.
The gold from 80 years ago still holds all of its value—it’s the Dollar that has been damaged.
...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.
The Bawl Mill • So You Want To Be A Full-Time Prospector? • Ask The Experts—Do I still have rights to this mining claim? • Ask The Experts—What is a "closed" claim? • Eastern Arizona: Gold and Base Metal Deposits Part II • Rediscovering Placerville, California Part II • Prospecting With The Help of Fluvial Geomorphology • Oregon Anti-Dredging Bill • Mud Men: Pocket Miners of Southwest Oregon Part II • The Gold of Plumas de Oro • Melman on Gold & Silver