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    The New Gold Boom  223  0 Kommentare Why the Yellow Metal Could Fly in 2021 - Seite 2

    One of the biggest debates in Washington right now is about another giant stimulus package, which could give the gold rally some much-needed juice.

    The market is expecting more fiscal stimulus measures to be "announced very soon," providing support for gold, says Chintan Karnani, chief market analyst at Insignia Consultants, after Treasury Secretary nominee Janet Yellen told the Senate Financial Committee yesterday that the U.S. should "act big" on boosting the economy.

    Last year, New York Times bestselling author and founder of 'The Bear Traps Report' Lawrence 'Larry' McDonald has warned of the 'cobra effect' whereby the stimuli designed to save the economy will instead ''...cause a hyperinflationary economic collapse.''

    Larry sounded an eerie warning of signs of a "Lehman-like drawdown'' developing in the markets and that "...we are at the early stage of the biggest cobra effect in the history of economics."

    The cobra effect that Larry is alluding to is the school of thinking that says that every human decision brings with it unintended consequences. As we have already seen with previous packages, the positive effect of these stimulus checks is only short-lived.

    Indeed, Larry sees no way out of this conundrum and has warned that any attempts by governments to reverse their course of action is likely to result in a much more severe deflationary depression than if they had not acted at all.

    Time to Drill Down on The Play That Made Amex Investors Rich

    Now, it's time to drill. Starr Peak has kicked off its drilling and offers the best off-the-radar exposure. 

    Starr Peak (STE; STRPF) has commenced drilling on the Main bloc of its NewMétal property, covering the past-producing Normétal Mine, from which ~10.1M tonnes of 2.15% Cu, 5.12% Zn, 0.549 g/t Au, and 45.25 g/t Ag were produced. This is aimed at minimizing the risk of disappointing investors with its plans, given that Starr Peak has confirmed grades and favorable historic results for the area about to be drilled. 

    They have identified a number of drill targets, based on a release issued late last year. Investors can likely expect announcements for these drilled holes to be released in the coming months, with Starr Peak now primed to take advantage of their close-ology to that of the neighboring

    Amex Exploration.

    The anticipation of positive results for Starr Peak stems from the neighboring Perron Property, which was acquired in 1996 by Amex Exploration. Meanwhile, the Eastern Gold Zone was only discovered in December of 2017 during a regional exploration drilling campaign. At the time AMEX stock was trading at about $0.35. Following the discovery, AMEX stock traded well north of $3.00 with a 52-week high of $4.19, or a 1,000%+ increase--a formidable return from a neighboring mining company.

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    The New Gold Boom Why the Yellow Metal Could Fly in 2021 - Seite 2 FN Media Group Presents Oilprice.com Market Commentary LONDON, April 9, 2021 /PRNewswire/ - Gold mania used to just live on Wall Street. Now it lives on Main Street, and a Biden Administration promises to add multiple fast lanes, paving the way …

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