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Gold Recently Posted Its Biggest Weekly Gain Since The Start Of 2021


Gold Recently Posted Its Biggest Weekly Gain Since The Start Of 2021
Financialnewsmedia.com News Commentary
PALM BEACH, Fla., May 11, 2021 /PRNewswire/ The Pandemic has not just harmed humans, it has shred economies around the world, but as each country tries to heal their economy there are unintended results. For instance, in the US, high inflation as a result of large government initiatives… drives the price of precious metals up and up. A December article by metals watchers, FXEmpire said that the collapsing dollar could push gold to $2300 by May 2021. They said that: The dollar is in the middle of a significant devaluation. The current breakdown could extend into Q2 2021 before the next rebound. We expect sharply higher precious metals prices as a result, with silver and platinum taking the lead… We are in a similar setup to the post-trendline breakdown of gold in 2002/2003. Consequently, (we) believe the dollar is on the verge of an accelerated decline towards ....

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Ridgestone Mining Inc.: Ridgestone Releases Maiden Mineral Resource Estimate at Guadalupe y Calvo, Mexico


Ridgestone Mining Inc.: Ridgestone Releases Maiden Mineral Resource Estimate at Guadalupe y Calvo, Mexico
TSXV: RMI) (
FSE:4U5) (
Ridgestone ) is pleased to announce a maiden National Instrument 43-101 (NI 43-101) Mineral Resource Estimate for its Guadalupe y Calvo (
GyC ) gold-silver project in Chihuahua, Mexico. The maiden mineral resource was estimated for two principal mineralized structures, the Rosario and Nankin veins, captured within a combined pit-constrained and underground mineral resource model. Mineralization at GyC remains open for expansion both along strike and down-dip at depth. The GyC project is comprised of 20 square kilometres. Ridgestone entered into an option agreement with Endeavour Silver in December 2020 to acquire a 100% interest in the property. ....

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