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Company sponsored news, analysis & commentary, by Peter Epstein, MBA
It’s amazing the runs that gold (“Au“) & silver (“Ag“) are having even before the U.S. FED has cut interest rates. Soaring prices signal a flight to safety on both geopolitical & inflationary/monetary grounds. As of May 21st, Au was … Continued
Note –> All $ figures C$ unless stated otherwise (all metal prices in US$). Copper & Gold Equiv. calculations use spot prices of $5.12/lb. & $2,430/oz. Wow! The Copper (“Cu”) price is up +34% in three months [2/19/24 = US$3.81/lb.] … Continued
In the last robust period of over-contracting (restocking) in 2005-07, the uranium spot price hit ~US138/lb., which adjusted for inflation is ~$211/lb. And, 2005-07 was long before financial buyers like Yellow Cake Plc & the Sprott Physical Uranium Trust had … Continued
Primary silver (“Ag”) mines, those that produce > 50% Ag (by volume), benefit most from higher prices. However, 75%-80% of mined Ag is a byproduct of other mining operations. Therefore, since Ag supply is highly inelastic, the price could soar … Continued