Bullboard - Stock Discussion Forum Sassy Gold Corp C.SASY

Alternate Symbol(s): SSYRF

Sassy Gold Corp. is a Canada-based exploration stage mining company. The Company is engaged in the identification, acquisition and exploration of high-grade precious metal and base metal projects in North America. The Company owns 100% of the Foremore Project located in the Eskay Camp, Liard Mining Division, in the heart of Northwest B.C.'s prolific Golden Triangle. The Foremore Property covers... see more

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Sassy Gold Corp > Blackrock sells gold buys silver

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Post by TanzaniteMotherLode on Feb 17, 2021 5:25am

Blackrock sells gold buys silver

The world's biggest asset manager BlackRock is getting out of gold and buying into silver as it sold 2.7 million of its SPDR Gold Shares (GLD) and bought 1.18 million shares of iShares Silver Trust (SLV) in the fourth quarter of 2020.

In terms of the dollar value, BlackRock sold $471 million worth of GLD, the largest gold-backed ETF on the market, and bought $29 million worth of SLV, the largest silver ETF.

https://www.kitco.com/news/2021-02-16/BlackRock-sells-off-gold-and-focuses-on-silver.html

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