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Stefan Gleason: When will gold and silver miners start believing in their product?
By Stefan Gleason, CEO
Money Metals Exchange, Eagle, Idaho
Tuesday, April 16, 2024
Miners spend billions of dollars every year pulling precious metals out of the ground. They toil mightily for years on end to produce these stores of value -- but then they turn right around and sell all their gold and silver immediately in exchange for fiat currencies.
If you stop to really think about it, this may seem strange.
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These businesses quite literally mine real money. But like nearly every other business or individual, they still seem to be stuck in the fiat currency paradigm.
It takes tremendous risk, capital, and time to find a resource, develop a mining project, and dig up and process the metals. It is extremely difficult to produce gold and silver at a profit. ...
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with great GATA-label wine
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http://www.gata.org/files/GATA-4-wine-bottles.jpg
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http://www.gata.org/files/FayJWineryVarietals.jpg
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Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --
-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.
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