The pandemic is rolling around the world like a hurricane, leaving devastated economies in its wake.
Written by Neil Maedel, Mountains of debt and the leverage that goes with it can make economic life increasingly precarious. Last April’s short-lived rise in America’s benchmark Fed Fund’s rate (to 2.4%) on the tail end of a year of quantitative tightening, was enough to send stock markets’ plunging globally, and in response, America’s Federal…
Chairman’s Letter Sonoro Metals COVID-19
Written By John Darch To our Shareholders and Friends, During this global crisis I would like to express our support and heartfelt sympathy for those most affected by the COVID-19 pandemic. As a gold exploration and development company with significant ties to China, we note that the country’s evident success in curbing the spread of…
My 30,000-foot view why are we in the gold sector
Written By Neil Maedel Gold bullion is in a bull market principally because it provides a highly fungible store of wealth with no counter party risk. Consequently, it is an ideal hedge against growing political, systemic and currency risks. In reaction to these risks, Central banks bought 658 tons of gold in 2019, the highest…