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Summary
Transcript
Last week, Vince found Goldman saying, buy gold, not bonds. The 60-40 portfolio is dead. This isn’t just king world news anymore, if I may phrase it like that. So, anyway, we did see that one. So, I’ll close that one out. And on that note, I will bring it to a conclusion here because, you know, you can look at the short-term moves or the news that comes out. I mean, we didn’t even get into the tariffs today and all sorts of other things that are factoring in yet under the heart of it. Part of it all, why do you have that? Because of all these things that we just went through.
And maybe I’m missing something, but it’s hard to see how we don’t keep going further in the direction of these things that we’ve already been going rather than reversing, which is why 10 years from now, I will ask you this, 10 years from now, is the gold price going to be higher or lower than $3,300? If you had to bet your stack on it. And as you think about that, I will leave you with some good news that came out today because, as you know, we’ve had Silver Viper and Steve Cope on the show for a few years, been a little quiet, and we’ve been giving updates as they were moving towards a deal so they could finally get out and get their drill program going back up, which they’ve been excited, they’ve made progress towards, and then there was the gap in funding.
Although, fortunately, the good news finally released today is that Silver Viper announces strategic updates, private placement, a new interim CFO, and a market maker appointment. Although, here is the key that is a private placement financing to raise up to three and the issuer intends to use the proceeds of the offering for drilling and other exploration activities at Law Virginia. And as you may be aware, there was another transaction that preceded this, where they also acquired the Cimarron gold copper project, which was part of a package that this is what Steve has been working on.
I did not know full details. Obviously, part of this is confidential, and I’m just commenting or aware of the parts that are public. But when Steve, the last couple of times it was on here, was talking about how they were working towards the deal. Well, now we are finally seeing the structure of that. And of course, I will have the press release here in the description field below. So you can read through that. And especially whether you’re an investor, have been considering being considered being an investor or just for any reason wanted to find out more information about this transaction that went down today.
I will have Steve on. I believe soon. I don’t know when yet. He’s been waiting to have the deal closed to schedule time to come back on. But you can reach them at info at silverviperminerals.com or by calling 604-687-8566. And with that said, we are going to wrap up for today. But hope you’re having a great day out there. Hopefully, it’s going better for your reputation than the US Treasuries. And with that said, I will see you again tomorrow. Thank you. [tr:trw].
See more of Arcadia Economics on their Public Channel and the MPN Arcadia Economics channel.