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spina
[spahy-nuh]
noun
plural
spinaea spine or spinelike projection.
Word History and Origins
Example Sentences
The debasement trade took a hit after the last Federal Reserve meeting, when expectations for a December interest-rate cut started to decline, said Peter Spina, president and founder of gold news and information provider GoldSeek.com.
Gold may fall by a “few hundred dollars” during a consolidation phase, but when that phase ends, the market should see the strong ongoing fundamentals supporting the metal’s price continue to drive it to new records, said Spina.
Many global geopolitical, trade and economic uncertainties remain, said Spina, so gold will continue to “rise as the top monetary asset, currency for central banks and other large institutions looking to protect from the dangers of further fiat debasement.”
“People want to brush up against one another a bit more now,” said Café Kestral owner Dennis Spina to Eater.
“Silver has a tradition of following gold prices higher in the first stages, lagging behind then playing catch-up and overtaking gold’s rise,” then “rising faster and more spectacularly,” said Peter Spina, founder and president of investor websites GoldSeek.com and SilverSeek.com.
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