Commodities Analysis and Opinion
Gold and Silver: Bottom Is Likely in, Move Higher Imminent
2023.07.14 04:33
With rumors flying and heavy anticipation that the BRICs alliance, along with the Asian/ Eurasian allied bloc of countries, will unveil a gold-backed digital currency in August, several subscribers have asked my opinion on whether or not it will happen and, if so, what are the implications. First, I think the inevitability that a gold-backed currency will be issued by the growing, economic/geostrategic alliance of countries is certain. The timing of this move, however, is questionable.
In this bi-weekly Arcadia Economics episode, Chris and I discuss our visit to Fortuna Silver’s new Seguela Mine operation in Cote d’Ivoire, Africa as well as my view that and percolating for a big move higher:
