This board is for the benefit of those who understand that what happened in 2020 is bringing a gold and silver stock boom without precedent.
From mid-March 2020 to nearly the end of July, the price of silver rose 100 percent. The price of gold went up over 30 percent. Setting aside peripheral reasons for these moves, the larger part of that arose from a massive expansion of printing-press money, along with the artificial suppression of interest rates in the US.
Though the Federal Reserve began to reverse the direction of interest rates in 2022, inflationary pressures on the US and global economy remain. Moreover, many tipping points suggest that the economy is cooling too quickly, which should soon be supportive of precious metals prices.
Please feel free to share news items of related interest and personal thoughts/observations, particularly those related to gold and silver mining in North America and Australia.
Participation here is welcome to all, novices and pros, as the seeking of knowledge should be accompanied by a willingness to share it too. Moreover, we sometimes learn more about our own reasoning when we try to explain it to others.
Traditional rules of civility will apply and off topic social exchanges will be allowed to some degree. Along the same lines, and as politics can not be separated from anything related to economics, please attempt to be as unbiased as possible, and be respectful of opinions that may not align with your own.
Though Silicon Investor handles complaints related to violations of terms of service, I can ban any poster at my discretion, but I can not remove posts. I will, however, make liberal use of my banning privileges should that become necessary to maintain decorum following fair warning.
Thank you for joining us here.
ValuePro (aka VP in AZ) |
