They say that time travels are impossible. But we just went back to the 1960s! At least in the field of the monetary policy. And all because of a new Fed’s framework. So, please fasten your seat belts and come with me into the past and present of monetary policy – to determine the future of gold!At the end of August 2020, the Fed has modified its Statement on Longer-Run Goals and Monet...Read More
They say that time travels are impossible. But we just went back to the 1960s! At least in the field of the monetary policy. And all because of a new Fed’s framework. So, please fasten your seat belts and come with me into the past and present of monetary policy – to determine the future of gold!At the end of August 2020, the Fed has modified its Statement on Longer-Run Goals and Monet...Read More
* Dollar hits near one-week high * Equities hit by halted vaccine trials, stimulus talksimpasse * Interactive graphic tracking global spread of coronavirus: (Updates prices)By Brijesh PatelOct 14 (Reuters) - Gold prices rose on Wednesday after thelast session's sharp drop spurred demand for the safe-havenmetal from investors worried about global economic recovery anduncertainty surrounding next mo...Read More
Newrange Gold reported it drilled 14.85 g/t Au over 9.15 meters including one segment which registered 34.11 g/t Au over 3.05 meters at its Pamlico project in Nevada. In a news release, Vancouver-based Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) announced drill results from the Merritt Zone at its Pamlico Project located near Hawthorne, Nevada.The firm stated that "hole P20-82 in the Merritt Zone...Read More
With this work, Westhaven Gold aims to better define structural trends at its Prospect Valley project. Westhaven Gold Corp. (WHN:TSX.V) began ground geophysics at its Prospect Valley gold property in British Columbia's Spences Bridge Gold Belt, it announced in a news release. A 244-line kilometer ground magnetic survey will be carried out by Scott Geophysics of Vancouver over the Bonanza target,...Read More
Ely Gold Royalties has agreed to purchase a 0.3% royalty for claims on the Trenton Canyon property in Nevada now being drilled by SSR Mining. Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQX; I4U:FSE), in a news release, announced that it has entered into an agreement to purchase a 0.3% net smelter returns (NSR) royalty, the Trenton Canyon Royalty, from a private unnamed individual. The firm advis...Read More
Granite Creek Copper has mobilized to begin the inaugural drill program at its Stu Project in the Yukon. In a news release, Granite Creek Copper Ltd. (GCX:TSX.V) announced updates regarding its current exploration and financing programs. Granite Creek Copper launched a fall drill program at its Stu copper-gold project in the Yukon. Plans call for 1,500 meters of diamond drilling to expand upon pr...Read More
Peter Epstein of Epstein Research discusses the results of a recent drill program by Aston Bay Holdings. Aston Bay Holdings Ltd. (BAY:TSX.V; ATBHF:OTCQB) announced results from its Phase 2 drill program (seven holes, 803 meters [803m]) at the Buckingham Gold property in central Virginia (USA). Phase 2 added to the 1,218m (10 holes) from Phase 1 in March.The new holes included one strong, very ne...Read More
Bob Moriarty of 321gold profiles a junior that is exploring a property it has optioned from Great Bear Resources. For investors in the resource sector this year has to seem similar to one of those sick, good-news, bad-news jokes. As a result of some world-class stupidity from governments around the globe shutting down the world economy in response to what appears to be little more than a bad flu...Read More
After nearly three weeks of sideways/downward price action in Gold and Silver, our researchers believe both metals have already set up another breakout/rally attempt after breaching downward resistance (shown as the downward sloping CYAN line). This could be another huge opportunity for precious metals traders as the next move higher should prompt a rally above recent highs. That means a target pr...Read More
After nearly three weeks of sideways/downward price action in Gold and Silver, our researchers believe both metals have already set up another breakout/rally attempt after breaching downward resistance (shown as the downward sloping CYAN line). This could be another huge opportunity for precious metals traders as the next move higher should prompt a rally above recent highs. That means a target pr...Read More
Oct 16, 2020 Guest(s): Robert Kiyosaki The rise of automation means that many workers around the world will eventually be replaced by robots and artificial intelligence, and most Americans are not financially prepared to face a reduction in income, said Robert Kiyosaki, best-selling author of Rich Dad Poor Dad."The reason we have social unrest is that people that are protesters [don't have asse...Read More
After nearly three weeks of sideways/downward price action in Gold and Silver, our researchers believe both metals have already set up another breakout/rally attempt after breaching downward resistance (shown as the downward sloping CYAN line). This could be another huge opportunity for precious metals traders as the next move higher should prompt a rally above recent highs. That means a target pr...Read More
Jack ChanPosted Oct 12, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal. Short-term signals can last for days and weeks and are more suitable for traders.Our ratio is back on BUY signal.USD is back on SELL signal.The bounce is over, looking for a test of the recent low, and per...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comOct 13, 2020 Both US political parties enjoy referring to their horrifying debt and money printing programs as “economic stimulus”.They sound like characters in a George Orwell novel, which is quite disturbing. Of course, their insane actions are great news for gold.Please cli...Read More
Independent financial analyst Matt Badiali discusses precious metals royalty companies as investments. Back in the last bull market, the big trend was the "prospect generator" business model. In this market, that switched to royalty companies, led by some former prospect generators.The prospect generator model should allow companies to use less cash to generate projects, then bring in partners. I...Read More
Gregory Beischer, CEO of Millrock Resources, and geologist Gabriel Graf speak with Maurice Jackson of Proven and Probable about the company's exploration program at 64North in Alaska. Maurice Jackson: Joining us for a conversation is the CEO of Millrock Resources Inc. (MRO:TSX.V; MLRKF:OTCQB), Gregory Beischer, along with Gabriel Graf, who works as a consultant for Millrock Resources. Glad to be...Read More
Dundee Precious Metals reported preliminary Q3/20 production results at its two gold mines in Bulgaria and its complex copper concentrate smelter operation in Namibia. In a news release, Dundee Precious Metals Inc. (DPM:TSX), announced preliminary production results from both of its mines in Bulgaria and the Tsumeb smelter for the three and nine months ended September 30, 2020.The company advised...Read More
ELKO, Nev., Oct. 13, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, today announced that it has issued a letter to its shareholders outlining the Company's recent and expected milestones, as it continues to advance its assets and projects. Recent Company highlights include:Acquisition of Northern Panther Resource Corporation, which...Read More
Oct 15, 2020 With the Federal Reserve having expended almost all monetary tools now, the only major course of action left, short of directly buying ETFs, is more quantitative easing, said Danielle DiMartino Booth, CEO of Quill Intelligence."If you're at the zero bound, and the Fed has been at the zero bound for much of the last decade, if you're at the zero bound, the only discussion you're really...Read More