As far as gold and silver are concerned, their price increases have outrun the fundamentals for now. That does not mean they cannot go higher at this point. They could.
Prospecting and mapping confirms Carbonate Replacement Deposit (“CRD”) potential at Veronica – similar to that found at Coeur Mining’s Silvertip Mine, located 12 km south.
Demand for silver far outpaces supply. But that didn’t stop a 6.1% decline this past week. Like gold, silver’s price rise has been dramatic and in need of a correction.