Gold – Almaden Minerals Ltd. (TSX:AMM) announced new drilling results for the ongoing Tuligtic four drill exploration project in Mexico, with holes results from TU-12-135 and 151 through 158. Notably, hole TU-12-155 in the Northeast Extention Zone hit 44.01 meters @ 1.04 g/t gold and 95.8 g/t silver (3.0 g/t gold equivalent).
Articles Tagged "gold and silver"
Gold – Forbes reported that gold and silver prices are expected to shift in the near future.
Gold – Rye Patch Gold Corp. (TSXV:RPM,OTCQX:RPMGF) announced it has staked new gold and silver mining claims in Nevada.
Silver – Globe and Mail reported that Sprott's Physical Silver Trust is losing its premium to net asset value.
Gold – Mineweb reported that analysts see the gold to silver ratio dropping once more.
Silver – While silver prices made moderate gains on the day, uncertainty about the global economy continues to erode investors risk appetite. Some analysts have even called into question silver’s role as ‘poor man’s gold’ as a hedge against inflation.
Silver – Prices for commodities such as crude oil and copper have been hit by fears that demand may suffer due to the ongoing European debt crisis and signs of economic slowdown in Asia; with the majority of demand for silver coming from the industrial sector it’s hard for the white metal not to get caught up in concerns of slowing global economic growth.
Silver – The price of silver has been making steady improvements over the last month since the downgrade of US debt sparked concerns of a second global economic slowdown since 2008.
Silver – The Globe and Mail reported that gold investor Eric Sprott is moving some holdings into silver.
Silver – The current economic climate in the western hemisphere is reminiscent of the 2008 Crash and the understandable fear that we’re heading into the Great Recession 2.0 has investors seeking safe haven assets. What will happen to silver prices if the current economic crisis spirals into a repeat of 2008?