Richard Roy Blake’s Post

Nice article from my research partners! Gold or silver? That’s a key question for many investors in precious metals. The optimal distribution is crucial whether buying bars, coins, or investing via the stock exchange. Gold is a reliable store of value, protecting against currency devaluation. However, it won't make you rich due to its stable availability and lack of real consumption. Silver, on the other hand, is consumed industrially and can become scarce. This scarcity can drive prices up. The Silver Institute has forecast a significant deficit for 2024, and China is encouraging its citizens to invest in silver. Full story: https://shorturl.at/S2Upm Goldinvest.de Silver Crown Royalties Inc. Regency Silver Corp Silver Storm Mining Ltd. #silver

Nice article from my research partners! Gold or silver? That’s a key question for many investors in precious metals. The optimal distribution is crucial whether buying bars, coins, or investing via the stock exchange. Gold is a reliable store of value, protecting against currency devaluation. However, it won't make you rich due to its stable availability and lack of real consumption. Silver, on the other hand, is consumed industrially and can become scarce. This scarcity can drive prices up. The Silver Institute has forecast a significant deficit for 2024, and China is encouraging its citizens to invest in silver. Full story: https://shorturl.at/S2Upm Goldinvest.de Silver Crown Royalties Inc. Regency Silver Corp Silver Storm Mining Ltd. #silver

🇦🇺 Did you know that Australia has the largest natural gold reserves in the world? In the bowels of the earth in this state there are about 12 thousand tons of the precious metal. In 2023, the country produced 310 tons of gold. But this is not the highest figure for last year. For example, one of the “competitors” managed to increase the production of the precious metal by almost 6% compared to 2022. Which countries became leaders in the precious metal mining in 2023? ▶️ Watch the new episode of “Gold News”: https://lnkd.in/dv_Ry6Eu ➖➖➖➖➖➖➖➖➖➖➖ #gigos #gold #videoaboutgold #investors #investments #investmentgold #goldstandard

It Really Is Different This Time, Sticking With The Gold & Silver Bull, and Junior Miner Review https://lnkd.in/eVB4VFB8 In this week's video, I explain why I believe the market is presenting a real opportunity for metals & mining investors over the next 2-3 weeks. In today's stock market it really is different this time, this is probably the weirdest market environment I've ever seen. We are experiencing the longest yield-curve inversion in history as the Fed continues to press down on inflation and tries to cool off the US economy. We finish the video discussing an attractive setup that is forming in uranium explorer/developer NexGen Energy (NYSE:NXE), and review three of my favorite junior miners (Endurance Gold, Core Assets, and American Eagle Gold).

Gold as economic security: reserves, price and mining. Gold has historically been a symbol of wealth and stability. This precious metal, obtained from gold mining, is one of the rarest on the planet. Its scarcity and continued high demand are the main reasons for its elevated price and value. For the economies of many countries, gold reserves represent security against inflation and the loss of value of currencies. While paper money tends to lose its value over time, gold retains its value in the long term and serves as a refuge and a hedge for investors during periods of economic uncertainty. Spain has approximately 281 tons of gold in reserve, a modest figure compared to other countries like the U.S.A. (8,133.53 tons), Germany (3,352 tons), Italy (2,451.86 tons), or France (2,436.34 tons). The buying and selling of gold reserves by countries are conducted through their central banks, that follow established procedures and regulations to avoid any negative impacts on the global market. Currently, the price of gold is around $2,250 per ounce, influenced by factors such as inflation, geopolitical instability, and financial crises. The more these factors are present, the higher the price of the metal. We saw this recently during the COVID-19 pandemic, when gold reached an historic value of $1,823 per ounce. Successive geopolitical upheavals in recent years have pushed gold’s price to an all-time high in July 2024, reaching $2,480 per ounce. Looking towards the future, gold will continue to be a key asset in the global economy given its significance in the world. With regard to its mining, in spite of the fact that discoveries of gold deposits are becoming increasingly rare, gold’s importance is such that it will remain in the spotlight of our sector. #Gold #GoldMining #GoldReserves #Safety #Security #Economy #OnixUnderground #ThePowerOfSafety

With gold prices consolidating, is it time for investors to start paying closer attention to silver? Gold has been consolidating at recent highs, partly due to geopolitical worries and Chinese buying, though prices have fallen back a little in recent weeks. Enthusiasts have started talking about a new gold cycle, with prices of $6,000 a possibility, although most observers have more modest targets, probably in the $2,500 to $3,000 range. Two months ago, gold hit an all-time high, yet the giant gold miner, Newmont Mining, along with most of the major gold producers, hit a 4-year low. Ian Williams, Manager of WS Charteris Gold and Precious Metals Fund, thinks the gap between the current gold price and gold mining equity valuations has 'opened up a huge arbitrage-type profit opportunity’ and suggests, ‘silver is the absolute pick for investors wishing to make huge amounts of money, if this Bull market does develop into the real deal'. Charlie Morris, Founder of ByteTree, Fund Manager and long-time precious metals observer, agrees: ‘The bulls, like me, see $50 within sight. Silver managed to do that in 1980 when the Bunker Hunt Brothers cornered the market. Silver retested $50 in 2011. Surely third time lucky?’ Is now the time to add silver to your portfolio? #Gold #Silver #PreciousMetals #Commodities #GoldMining #Equities

Gold and silver prices have shown little movement recently, causing some frustration. Alongside this trend, mining shares have also seen a downturn. To catalyze activity in the metals market, a shift towards positive sentiment among individuals is crucial. Factors that could potentially drive this shift include a Federal Reserve adjustment towards lower interest rates, indications of economic fragility leading to a weaker US dollar, a looming crisis in commercial real estate, geopolitical tensions, and the influence of upcoming presidential politics on demand. Additionally, a technical breakout from current price levels may attract speculators. The market eagerly anticipates confirmation of movement, particularly for gold to exceed $2,100 and silver to reach $30. This information is provided for educational purposes; individuals are advised to consult with their financial advisor for personalized guidance. #Gold #Silver https://buff.ly/49KGU8y

Get expert gold market insights in the 60+ pages of quick-reference charts : https://bit.ly/3uocl9u Does the Mixture of Geopolitical Tensions and Structural Inflation Drivers Lead to a New Wave of Inflation — One That Again Escapes Everyone's Radar? — p.51 of the Gold Chartbook (published by Ximen Mining partners, In Gold We Trust). #XimenMiningCorp #InGoldWeTrust #Gold #GoldStocks #GoldPrice #GoldInvestment #InvestInGold #PreciousMetals #Inflation #GoldBullion