Buying Conditions Hit The Worst On Record For Homes & Cars, Inflation Fears & Undervalued Silver

Apollo Silver
https://apollosilver.com/
Apollo Silver and Gold (US: APGOF) and (TSX-V: APGO)is a pure-play on silver in the United States!
In the coming months, the company will be engaged in three main de-risking and value-adding activities:
-1. Drilling - these projects that the company owns are past-producing silver mines (historical). This means the silver is there and the value-add is in modernizing the drilling on the project, going deep and using state-of-the-art technologies!
-2. Issuing a NI 43-101 report on the resources! This is going to bring its historical silver resources up to standard code and, basically, legitimize the over 100M ounces of silver the company owns!
-3. Look into making additional acquisitions to further build its North-American project portfolio.
Buying conditions just hit a record low according to the recent U-Mich consumer sentiment survey and the internals went from bad to worse, and as survey director Richard Curtin explained, "buying attitudes for household durables fell again in early September to a low reached only once before" - during the galloping inflation of 1980 when Volcker hikes rates to 20% while - "long term economic prospects fell to a decade so low." It wasn't just durables: as shown in the chart below, sentiment for buying conditions of vehicles and homes was similarly the worst in over 40 years. As a result, "the decline in assessments of buying conditions for homes, vehicles, and household durables left all three near all-time record lows" with the declines due to spontaneous references to, what else, high prices.

This video was conducted on behalf of Apollo Silver Corp., and was funded by Gold Standard Media LLC and/or affiliates. For our full disclaimer, please visit:
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