Mining Stock Quotes & Mineral and Metal Prices
May 2011 by Staff
This is welcome news. Many silver market commentators have stated publicly that the price of silver, currently hovering around $23.50 per ounce, should be much higher due to the scarcity of supply and the lack of faith in fiat currencies such as the US Dollar.
It’s been no secret that the prices of gold and silver have been moving upward at a fast clip in recent months. Gold has soared 27 percent so far this year. There has not been a significant drop-off in production, so it’s been evident that an increase in demand has been a part of the force driving the price upward.
...it is beginning to appear that we are recently witnessing a gradual buildup of background information that could lend strength to the arguments for ultimately higher gold and silver prices.
The Bawl Mill • Why Haven't They Mined This Claim? • Ask The Experts—Where can I find information on the Abby mine? • Ask The Experts—Is it possible for a mountain range to have good lode gold deposits and yet the area streams not carrying like deposits of gold? • Ask The Experts—How do you amend a placer claim? • Ask The Experts—What happened to the BLM web site geocommunicator.gov? • The Ups and Downs of Geologic Faults • Fountain of Youth Gold • Legislative and Regulatory Update • Suction Dredging Update for California & Idaho • The Disappearance of State Mining Departments • The Golden Streams of Butte County, California • Melman on Gold & Silver