Precious Metals Adjust Ahead of Inflation Concerns -- Industry Report Featuring Hecla Mining and Coeur d'Alene Mines Corporation
May 10 2011 - 9:00AM
Marketwired
Today, www.WorldStreetFundamentals.com released its industry report
highlighting Hecla Mining Company (NYSE: HL) and Coeur d'Alene
Mines Corporation (NYSE: CDE). Current state of affairs, monetary
policy, and worries of inflation are stimulating investor interest
in companies backed by precious and industrial metals. Full
fundamental and technical analysis is available at
www.WorldStreetFundamentals.com/Reports.php.
Recently, the U.S. Federal Reserve has enacted quantitative
easing totaling $2.3 trillion, from $1.7 trillion of Treasuries and
mortgage-backed bonds, to its recent $600 billion purchases of
intermediate and long-term Treasuries. The Fed is learning from
Japan's 1990 mistake of not offering stimulus for long enough. Lead
economists are anticipating higher inflation as the most
significant outcome from this policy. As a result, assets backed by
precious metals in with strong fundamentals are starting to gain
momentum.
World Street Fundamentals has highlighted Hecla Mining for its
focus on discovering, acquiring, developing, producing, and
marketing silver, gold, lead and zinc. The Company produces lead,
zinc and bulk concentrates, which it sells to custom smelters, and
unrefined gold bullion bars (dore), which may be sold as dore or
further refined before sale to precious metals traders. The entire
report on Hecla Mining Company (NYSE: HL) is available here:
www.WorldStreetFundamentals.com/ViewFullReport.245.php.
World Street has highlighted Coeur d'Alene for its status as a
silver producer with gold assets located in North America. The
Company, through its subsidiaries, is engaged in the operation,
ownership, development and exploration of silver and gold mining
properties and companies located primarily within South America
(Chile, Argentina and Bolivia), Mexico (Chihuahua), United States
(Nevada and Alaska) and Australia (New South Wales). The entire
report on Coeur d'Alene Mines Corporation (NYSE: CDE) is available
here: www.WorldStreetFundamentals.com/ViewFullReport.138.php.
About World Street World Street Fundamentals is an online portal
for professionals, investors and new-comers to the markets to find
in depth comprehensive research and research tools to help guide
you through the ever changing financial markets around the world.
Covering the top performers in the hottest sectors and providing
clarity to investors around the world.
Contact: Adam Redford Email Contact
www.WorldStreetFundamentals.com
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