You are here

John Adams: Bond market crisis will crack the silver price ceiling

Section: Daily Dispatches

By John Adams
Adams Economics, Sydney, Australia
Thursday, March 4, 2021

The current crisis in bond markets will have dramatic implications for not only future economic policy but also for global commodity and precious metals markets, especially the gold and silver market.

As noted in early February 2021 in the article "The Biden Administration Will Accelerate Stagflation" --

https://www.adamseconomics.com/post/the-biden-administration-will-accele...

-- the economic policies of the Biden administration will accelerate the stagflation phenomenon in the United States that commenced under the Trump administration.

... Dispatch continues below ...



ADVERTISEMENT

Prime Mining Named to
TSX Venture Exchange Venture 50

Company Announcement
Wednesday, February 24, 2021

VANCOUVER, British Columbia, Canada -- Prime Mining Corp. (TSX-V: PRYM, OTCQB: PRMNF, Frankfurt: A2PRDW) announces that it has been named to the 2021 TSX Venture 50, an annual ranking of top-performing listed companies from five industry sectors including mining, oil and gas, clean technology and life sciences, diversified industries, and technology.

The 2021 Venture 50 top performers were selected based on year-over-year performance across three equally weighted criteria: market capitalization growth, share price appreciation, and trading volume for the year ended December 31, 2020.

“We are extremely honored to be recognized and selected by the TSX Venture Exchange within the top 10 of mining companies,” said Daniel Kunz, CEO of Prime Mining.

"The past year has seen Prime Mining evolve on many fronts, including the advancement of our high-grade gold and silver deposit in Sinaloa, Mexico, and the addition of a strong, experienced management and technical team and strategic shareholders Trinity Partners and Pierre Lassonde." ...

... For the remainder of the announcement:

https://primeminingcorp.ca/news/company/prime-mining-named-to-tsx-ventur...



These economic policies include:

-- Massive fiscal stimulus and additional government spending, including a proposed US$1.9 trillion stimulus package and a US$2 trillion (over four years) spending package to address climate change, cleaner energy, and infrastructure requirements.

-- And job-destroying regulations, such as re-joining the Paris Climate Accord, canceling major construction projects (like the Keystone XL pipeline and the U.S.-Mexico border wall), prohibiting fracking on federal government land, and raising the minimum wage to US$15 per hour.

Accelerated stagflation will manifest itself in various ways, including. ...

... For the remainder of the analysis:

https://www.adamseconomics.com/post/bond-market-crisis-will-crack-the-si...

* * *

Toast to a free gold market
with great GATA-label wine

Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.

Here's what the bottles look like:

http://www.gata.org/files/GATA-4-wine-bottles.jpg

Buyers can compose their case by choosing as many as four varietals from the list here:

http://www.gata.org/files/FayJWineryVarietals.jpg

GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?

To order a case of GATA-label wine, please e-mail Fay J Winery at bagman1236@aol.com.

* * *

Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --

https://www.amazon.com/Rigged-Exposing-Largest-Financial-History/dp/1651...

-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16