Patriot Battery Metals new CEO Ken Brinsden sets focus on downstream

- The falloff in demand for electric vehicles is overblown, says Ken Brinsden, president and CEO of Patriot Battery Metals . - Last I wrote, I suggested that silver was just about ready to pop; since then, silver has gone on to outperform gold in a drastic fashion.Sideways silver prices prove the gold rally is sovereign-driven, but analysts say the big move is coming

- Gold’s record-setting runup in price has made many investors very happy over the last couple of weeks, with the yellow metal setting new all-time highs again and again as it climbed above $2,190 per ounce. But, one subset of precious metals investors are still waiting for their ship to come in. - This week, copper was the driving force in metals as Chinese smelters agreed to joint production cuts.

- The gold market continues to consolidate after hitting record highs, and while the price has room to fall further, one market strategist said that the precious metal is ultimately headed higher. - This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher. - Friday, March 15--March bitcoin futures prices are lower in early U.S. trading Friday, on follow-through selling from Thursday’s solid losses.

Source: Financial Digest (financialdigest.net)

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Metals, Money, and Markets Weekly March 8,2024: Angry (rewind)The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

The Metals, Money, and Markets Weekly March 1, 2024: No expectationsThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Investors see copper as the top asset for 2024, with gold in second place; interest in critical metals cools at BMO’s Global Metals, Mining & Critical Minerals ConferenceThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Owners of Richmond vault company sued for almost $300K in missing gold, metalsA B.C. Supreme Court judge gave two customers the green light to pursue lawsuits against the insolvent owners.
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »

The Metals, Money, and Markets Weekly February 16: Off the hookThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

The Metals, Money, and Markets Weekly February 23: Whole wide worldThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »