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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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Earnings Scheduled For May 11, 2021


Companies Reporting After The Bell
• VIZIO Holding (NYSE:VZIO) is estimated to report quarterly loss at $0.10 per share on revenue of $484.07 million.
• Talis Biomedical (NASDAQ:TLIS) is likely to report quarterly loss at $10.80 per share on revenue of $230.00 thousand.
• FAT Brands (NASDAQ:FAT) is estimated to report quarterly loss at $0.06 per share on revenue of $6.75 million.
• Xenon Pharmaceuticals (NASDAQ:XENE) is likely to report quarterly loss at $0.40 per share on revenue of $5.15 million.
• Sonim Technologies (NASDAQ:SONM) is expected to report quarterly loss at $0.10 per share on revenue of $12.97 million.
• Invesco National AMT-Free Municipal Bond ETFo (NYSE:PZA) is likely to report earnings for its first quarter. ....

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Top Mining Stocks To Buy Right Now? 3 For You May 2021 List


May 10, 2021 at 09:17 AM EDT
These mining stocks are ahead after earnings; will you add them to your watchlist? Mining stocks have been very interesting to watch in the last year. The pandemic caused some materials like gold and silver to reach record prices in mid-2020. Now in 2021, gold and silver prices have slowed down. Prices of the two metals hovered around the same price point of above $1,700 and above $25 respectively that they had traded at for a few months now. That was until May 6 th , when gold finally broke through the $1,800 per ounce level. This is also when silver climbed above $27. The result of this was many gold stocks went up. The momentum that mining stocks experienced in the last year has brought a lot of new investors to the sector. There are a few questions on the table about what direction these stocks could go in. On one hand, the economy could recover and cause gold and silver prices and demand to go down. In this climate, there is still the oppor ....

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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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