Mining Stock Quotes & Mineral and Metal Prices
July 2011 by Staff
…2017 was just the first year with a small increase after a huge drop off in exploration activity. It may take many years of future increases to get back to where the activity was in 2012, as projected increases in exploration spending are seen to be slow and steady.
…money creation by central banks… could even accelerate further as governments desperately seek to stimulate some sort of powerful economic growth. Historically, rapid money creation rates have been positive for gold and silver.
In terms of gold and silver, if this mountain of unbacked debt, now reaching several trillions of dollars, Euros, Yen or other currencies begins to truly collapse into an inflationary spiral, we will witness the onset of the mother of all precious metals bull markets.
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.
The Bawl Mill • Can't We Just Do Something? • Ask The Experts—14-day camping limit • Legislative and Regulatory Update • Explosives and Mining • Mother Lode Leaf Gold • Dredging The Outside Bend • A Good Start • WWII Vet & Prospector Still Going Strong • Nevada Gold Value Up Along With Production • 2011 National Mining Hall of Fame Inductees • Melman on Gold & Silver