The LMBA is in trouble. The primary role of the LBMA is to maintain (suppress) the silver price. It has had no problem doing for this decades because there was always a silver surplus giving it the physical silver it needed to manipulate price. 1/6
202m @ 1.31% Li2O incl. 85m @ 1.73% 🔥
$BRW.v just put Anais on the map, just 20km from Rio Tinto's Galaxy. Coarse spodumene, low mica, open in ALL directions. Only 1 of 4 holes assayed.
@minaurumsilver MGG is drilling 50,000m at 100% owned Alamos in Mexico.
26.3 metres of 369 g/t silver equivalent at Quintera Vein Zone is widest high-grade intercept to date.
On way from 55 million ounce AgEq inferred estimate to 100m+
Or...
The asset is the permit DYOR
Closing in on $40T. I imagine there is little difference between $30T and $40T, but in an highly inflationary environment where you are actively stopping the flow of oil, this puts national debt into focus real fast
@TheLastDegree $64 is still so cheap. There will be people out there thinking it should be under $50 because it was always like that, but if you think it is an undervalued commodity/precious metal then it could be a fraction of the future value DYOR
Grande Portage Resources Announces Acceptance of the New Amalga Gold Project to the Covered Projects FAST-41 Program
https://t.co/3HJeWLc2tg
$GPG.V $GPTRF #GOLD
Ian Klassen, the Company’s President & CEO said, “Grande Portage would like to thank the Permitting Council for granting the New Amalga Gold Project "Covered Project” status in the FAST-41 program. We look forward to working with the Permitting Council, the US Forest Service, the US Army Corps of Engineers, and other agencies to establish the regulatory and permitting timeline for the project. New Amalga’s “Covered Project” status will deliver predictable regulatory review timelines, maintain coordination between various federal agencies having jurisdiction over different aspects of the project, enhance accountability and transparency, and ensure our project meets and exceeds the highest standards of environmental management and regulatory compliance.”
@ArmstrongEcon Doesn't the war achieve several things; Impede Iran nuclear capability, impact Chinese oil imports (energy), higher global inflation. This supports a monetary reset no? Japan crisis first, triggers the rest and then all countries devalue by 30%. Something like that...