Stroud Resources Ltd. is a Canadian public company listed on the TSX Venture Exchange, trading under the symbol “SDR”. Stroud’s mission is to create shareholder value through the exploration and discovery of precious metal deposits. It has previously focused on an easily accessible, epithermal gold and silver projects in Mexico and Archean gold deposits in Canada.
Gold: 45% Chance for a Record by December
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: With near unlimited liquidity affecting inflation and consumer prices, gold may see a record by year’s end. Silver too is looking up as a hedge against inflation.
The fed has linked inflationary control to interest rates. The news has calmed the gold world, but many continue to keep a watchful eye. Recommended Read Gold Firms as Fed’s Powell Calms Rate-hike Fears Gold Firms as Fed’s Powell Calms Rate-hike Fears ... Read More »
Mexico’s silver output fell 2.8% year-on-year in February to 338,274kg (10.9Moz), while gold production grew 3.2% to 7,150kg, according to statistics agency Inegi.
Recommended Read This is the catalyst that could take gold price to $2,100 after selloff - ANZ Gold is back below $1,800 an ounce this week as prices struggle to maintain gains amid rising Treasury yields. Gold is down 3.5% in the last 30 days and down 7.5% in the past six months. At the […]