Commentaries on developments that affect gold and silver prices | CMI Gold & Silver - Part 2
Saturday, November 26th, 2022 MST

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Secretary of the Treasury Janet Yellen letter to Nancy Pelosi

September 8, 2021 The Honorable Nancy Pelosi Speaker U.S. House of Representatives Washington, DC 20515 Dear Madam Speaker: I am writing to follow up on my previous letters regarding the debt limit and to provide additional information regarding the Treasury Department’s ability to continue to finance the government in the absence of Congressional action to

World gold production declines

When I visited South Africa in 1979, it was the world’s largest gold producer, mining some 1,000 tons a year.  Today South Africa is not even in the top 10 gold producing countries. Between 2010 and 2018, the world’s gold production grew by 2.5%.  However, over the last two years, production has fallen by 4.78%. 

In case you’re wondering. . .

. . . just how much individual families will receive from the recently passed $1.9 trillion COVID stimulus bill, here is what a married couple earning $150,000 with 2 children will receiv: Six checks at $1,400 each: $8,400; Two childcare credits at $3,600 each: $7,200; Two child credits at $3,000 each: $6,000; Total walking around

9 Impressive Benefits of Investing in Gold

When people think of investing, their minds often drift immediately to the stock market. There’s a good reason for this. Investing in the stock market is an excellent way to generate wealth over time. However, there are flaws with investing solely in the stock market. The stock market has seen significant fluctuations since COVID-19 first