Americas Silver Corp fka USAPF

[NYBob]

August 28, AM; Gold extended to the upside in overseas trading to
establish a new 15-week high at 1433.85.
The last time the yellow metal was at this level was mid-May.
Gold has rotated lower in early New York trading.

Gold remains driven in the short-term by heightened geopolitical
tensions in the middle east, with many believing the U.S. and
perhaps some of its allies are about to launch strikes against
Syria.
The rebound from the June low has exceeded 20%, signalling a
return to bull market footing.

Silver continues to lead the way, probing back above $25 for the
first time since the market plunged through this area back in
April.
Silver is now about 37% off the June low at 18.18.
It's been an impressive rebound to be sure, and the gold/silver
ratio touched a five-month low of 57.02 today.

As I said, everyone seems to be focused on Syria right now, but
while pushed into the background for the time being, the rest of
the fundamentals remains generally positive for gold as well.
Physical demand from individual investors and central banks
remains robust, although the buying by individuals has tapered in
recent weeks as the market gained upside momentum.

Basically, the physical buyers took advantage of the lower prices
earlier in the summer and are now enjoying a nice lead.
Now, prices are being driven by the paper investors coming back to
the market.

Broad investment demand for gold has risen as the Treasury and
stock markets have come under pressure with rising Fed taper
expectations.
It's been refreshing to see the yellow metal track higher,
regardless of the ebb and flow of those taper expectations.

As we hurdle toward a military action against Syria, as well as a
monstrous internal political battle over spending and debt, it
seems there are plenty of reasons to buy gold at this point.

In India, the story for gold is particularly compelling, even as
the government tries to stanch the import of gold into the country.
The rupee is essentially in free-fall at this point.
With inflation already running close to 10%, and likely to rise
further, demand for gold is likely to remain strong.
The destruction of the currency may well make consumers more
inclined to pay the 8% import duty, or take the risk of smuggling.
(by USAGOLD.com) --

Why Silver Prices Will Double -
Commodities / Gold and Silver 2013
Aug 27, 2013 - 05:40 PM GMT
By: Profit_Confidential

http://www.marketoracle.co.uk/Article42029.html

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91445391





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