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NPR discovers the new global gold rush
By Stacey Vanek Smith
National Public Radio, Washington
Friday, February 3, 2023
2022 was a rough year for investors: Between inflation, falling stock prices, and the crypto crash, it was hard to find a safe haven.
All of that economic turmoil had a lot of investors looking at one of the most ancient places to store wealth: gold.
For decades, investing in gold has been seen as a very old school investment, for the maverick, perhaps slightly anti-establishment investor.
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Dolly Varden Silver Reports Multiple Gold and Silver Intersections at Homestake Ridge,
with 46.31 g/t Au and 70g/t Ag over 25m, Including 1,145 g/t Au and 826 g/t Ag over 0.48m
Monday, January 30, 2023
VANCOUVER, British Columbia, Canada -- Dolly Varden Silver Corp. (TSXV: DV) (OTC: DOLLF) is pleased to announce drill results from the 100%-owned Homestake Ridge property in British Columbia's Golden Triangle.
Highlights from the Homestake Main Deposit include:
-- HR22-324: 4.32 g/t Au and 76 g/t Ag over 22.50 meters including 19.42 g/t Au and 375 g/t Ag over 4.50 meters.
-- HR22-333: 46.31 g/t Au, 70 g/t Ag and 0.19% Cu over 25.00 meters including 1,145 g/t Au, 826 g/t Ag and 0.51% Cu over 0.48 meters. ...
"Dolly Varden Silver's initial drilling at the Homestake Main Deposit has returned consistent mineralized intervals with some of the highest grades of gold with silver reported from the Property to date, but also the entire Golden Triangle during the 2022 drilling season," said Shawn Khunkhun, president and CEO.
"Coupled with the exceptional grades and thicknesses of silver mineralization encountered in step-out holes at the Wolf and Kitsol Deposits, we are demonstrating the impressiveprecious metal endowment and potential of the Kitsault Valley trend." ...
... For the remainder of the announcement:
But last year, it seemed everyone wanted in. Global demand for gold jumped nearly 20% to a decade high.
One of those buyers was Julia Grugen, 20, a finance major at Temple University. A few months ago, she made one of her first big investments ever. In gold. ...
Millions of Americans have been doing the same. Stefan Gleason is the president of Money Metals Exchange, one of the largest gold and silver dealers in the country. Gleason says ever since prices started rising in early lockdown, his business has through the roof.
"We've seen five to ten times more order volume," he says. Right now, his team works six days a week, packing up and shipping out around 2,000 boxes of gold bars, silver bars, and coins every day.
Gleason says customers tell him the last few years have shaken their faith in the US dollar, stocks and cryptocurency. But they trust gold. ...
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Toast to a free gold market
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