Precious Metals Update Oct 11th & Why Is The U.S. Mint Increasing Silver Eagle Prices to $67

Precious Metals Update Oct 11th & Why Is The U.S. Mint Increasing Silver Eagle Prices to $67 by Steve St Angelo for SRSrocco Report

In this week’s precious metals update, I explain what’s in store for the gold and silver prices over the next few weeks.  Also, we heard a lot of news last week that the U.S. Mint increased the price of its 2020 Silver Eagle to $67.  I discuss why the U.S. Mint is increasing the price of the 2020 Silver Eagle and if that is going to impact precious metals investors.

After the silver price shot up above $25 on Friday, what’re the technicals show for this week?  Well, what happens to silver will also happen to gold.  I see the metal prices continuing higher, but I still see a correction lower before moving up to new highs next year.

If the Fed DIGITAL DOLLAR Policy gets passed, then we are talking about MASSIVE CONSUMER PRICE INFLATION coming our way.

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Steve St. Angelo

Independent researcher Steve St. Angelo (SRSrocco) started to invest in precious metals in 2002. Later on in 2008, he began researching areas of the gold and silver market that, curiously, the majority of the precious metal analyst community have left unexplored. These areas include how energy and the falling EROI – Energy Returned On Invested – stand to impact the mining industry, precious metals, paper assets, and the overall economy. Steve considers studying the impacts of EROI one of the most important aspects of his energy research. For the past several years, he has written scholarly articles in some of the top precious metals and financial websites.