Precious metals could see more downside before a bounce to a recovery, says Erif Fier CEO of SilverCrest Metals. “I think we can expect to see more pain that needs to come,” Fier told Kitco News on the sidelines of the Denver Gold Forum. On silver, Fier said that a gold-silver ratio of 70 needs to be met before a rally occurs. The ratio has hit highs of 85 recently.
Hecla Mining (NYSE: HL) And Xtra-Gold Resources (TSE: XTG) Now In Position As Next Silver/Gold Rally Begins – Mike Swanson (05/07/2021)
Gold and Silver “Flagging Out in a Big Way” – Sprott Money Precious Metals Projections – Chris Vermeulen (05/07/2021)
Will inflation become ‘problematic’? What soaring lumber means for prices, gold – Jim Wyckoff – Source – Kitco News (05/06/2021)
stockchartoftheday (from the beach!) Silver breakout, $AG, Full metal minerals $FMM.v starts to trade – David Skarica (05/04/2021)