Gold And Silver Prices Soared To Historic Highs

Against the backdrop of statements by the President of the United States.

Global gold and silver prices hit new highs after new statements by US President Donald Trump about imposing 10 percent trade duties on Germany and seven other European countries over their stance on Greenland.

On the morning of Monday, January 19, after the start of the stock market week in Asian stock markets, the price of gold, a key asset in times of turmoil, peaked at $4,690.59 and silver at $94.12, writes Deutsche Welle.

At the same time, most stock markets fell amid fresh fears of a possible trade war. Japan's Nikkei was down 1.4 percent and MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3 percent. The dollar fell against the yen and Swiss franc, while the euro and pound sterling rose and oil prices were flat.

Trump: New tariffs will take effect on February 1

Donald Trump announced on January 17 that Germany, Denmark, Britain, the Netherlands, Norway, Finland, France, Germany, Sweden and the United Kingdom will be subject to a 10 percent tariff on goods that are shipped to the United States from February 1 . According to the U.S. president, the duties will increase to 25 percent on June 1. The tariffs will be imposed in addition to those already in place, Reuters specified. The duties "will be levied until a deal is reached on the full and final purchase of Greenland," Trump said, adding that the United States "has been trying to make this transaction happen for over 150 years" but Denmark has refused.

You can support the website Charter97.org

MULTI-CURRENCY ACCOUNT FOR ASSISTANCE:

Bank's name: Bank Millennium S.A.
Address: ul. Stanislawa Zaryna, 2A, 02-593, Warszawa
IBAN: PL97116022020000000216711123
SWIFT: BIGBPLPW
Name of the account holder: Fundacja “KARTA ‘97”
Purpose/title of payment: Donation for statuary aims

You can contact us by the e-mail charter97@gmail.com