As economic data comes in worse than expected, investor uncertainty is rattling markets. On Thursday, the Commerce Department released its estimate of Gross Domestic Product for the first quarter. GDP growth came in at a disappointing 1.6% -- well short of the 2.3% consensus forecast.Stocks sold off on the news. But gold and silver markets bounced modestly off their lows from earlier in the week....Read More
Financially speaking, the markets have been all over the map in the past four years since the onset of Covid and the self-inflicted wounds from forced economic shutdown. I went back to August 2020, five months after the festivities began, and pulled up some charts which show the price action since then for gold (money), wheat (food), crude oil (energy), and stocks (S&P 500). I will make...Read More
All Proxy Proposals PassCHEYENNE, Wyo., April 29, 2024 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU), today announced the results of the Company's annual shareholder meeting that was held virtually on April 26, 2024 at 9:00 AM MT.The following proposals were approved by the Company's shareholders at the meeting:Election of five directors (Luke No...Read More
As economic data comes in worse than expected, investor uncertainty is rattling markets. On Thursday, the Commerce Department released its estimate of Gross Domestic Product for the first quarter. GDP growth came in at a disappointing 1.6% -- well short of the 2.3% consensus forecast.Stocks sold off on the news. But gold and silver markets bounced modestly off their lows from earlier in the week....Read More
As economic data comes in worse than expected, investor uncertainty is rattling markets. On Thursday, the Commerce Department released its estimate of Gross Domestic Product for the first quarter. GDP growth came in at a disappointing 1.6% -- well short of the 2.3% consensus forecast.Stocks sold off on the news. But gold and silver markets bounced modestly off their lows from earlier in the week....Read More
Financially speaking, the markets have been all over the map in the past four years since the onset of Covid and the self-inflicted wounds from forced economic shutdown. I went back to August 2020, five months after the festivities began, and pulled up some charts which show the price action since then for gold (money), wheat (food), crude oil (energy), and stocks (S&P 500). I will make...Read More
Financially speaking, the markets have been all over the map in the past four years since the onset of Covid and the self-inflicted wounds from forced economic shutdown. I went back to August 2020, five months after the festivities began, and pulled up some charts which show the price action since then for gold (money), wheat (food), crude oil (energy), and stocks (S&P 500). I will make...Read More
As economic data comes in worse than expected, investor uncertainty is rattling markets. On Thursday, the Commerce Department released its estimate of Gross Domestic Product for the first quarter. GDP growth came in at a disappointing 1.6% -- well short of the 2.3% consensus forecast.Stocks sold off on the news. But gold and silver markets bounced modestly off their lows from earlier in the week....Read More
As economic data comes in worse than expected, investor uncertainty is rattling markets. On Thursday, the Commerce Department released its estimate of Gross Domestic Product for the first quarter. GDP growth came in at a disappointing 1.6% -- well short of the 2.3% consensus forecast.Stocks sold off on the news. But gold and silver markets bounced modestly off their lows from earlier in the week....Read More
Financially speaking, the markets have been all over the map in the past four years since the onset of Covid and the self-inflicted wounds from forced economic shutdown. I went back to August 2020, five months after the festivities began, and pulled up some charts which show the price action since then for gold (money), wheat (food), crude oil (energy), and stocks (S&P 500). I will make...Read More
Copper and gold explorer Vortex Metals Inc. believes that 2024 will be a "key year" for the company. Find out why two experts agree the stock is attractive as the red metal starts to jump.Copper and gold explorer Vortex Metals Inc. (VMSSF:OTCMKTS;VMS:TSX;DM8:FSE) believes that 2024 will be a "key year" for the company as it works toward permitting for two projects in Mexico and advancing the highl...Read More
LONDON, 27 April 2024 - Comment from BullionVault appears in the Financial Times' weekend edition today as part of a look at how China's household and investor demand has been driving the latest all-time highs in global gold prices.Taking their cue from the Chinese central bank's own buying, "An awful lot of private wealth is going to be running into gold as there's nothing else to buy," the FT qu...Read More
Global Analyst Adrian Day reviews three of his favorite junior exploration stocks, which he believes are all Buys.Lara Exploration Ltd. (LRA:TSX.V) said it had engaged a local firm to prepare a mineral resource estimate and a preliminary economic assessment (PEA) on its Planalto Copper Project in Brazil. This follows the final option payment to Anglo American for one of the licenses.The resource r...Read More
So-called artificial intelligence (AI) is taking the world by storm. Meanwhile, gold has shot up like a rocket over the past couple of months.In mid-February, gold was trading at $1,990. Two months later, gold is trading above $2,400 a $410 gain in just two months.So here's a question:Is there a connection between AI and gold? It seems like an odd question. But as it turns out, the answer is yes...Read More
Dolly Varden Silver Co. announces its plans for its 2024 drilling program at its 100%-owned Kitsault Valley project in British Columbia's Golden Triangle. Read to see why one newsletter writer says the stock is a "core silver holding for us."Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) has announced its plans for its 2024 drilling program at its 100%-owned Kitsault Valley project in British C...Read More
CHEYENNE, Wyo., April 25, 2024 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU), is pleased to announce that it has closed the previously announced purchase and sale of an aggregate of 1,400,000 shares of our common stock at $3.50 per share in a registered direct offering and, in a concurrent private placement transaction, unregistered warrants to p...Read More
Global Analyst Adrian Day looks at more first-quarter results from some resource companies, as well as some positive exploration results that, according to him, could extend a mine's life.Barrick Gold Corp. (ABX:TSX; GOLD:NYSE) maintained its full-year guidance after first-quarter production in both gold and copper, which came in lower than expected. Part of the lower production was because of pla...Read More
LONDON, 25 April 2024 - Comment and advice from BullionVault today leads an article on why and how best to invest in gold from German business magazine Der Handel."The feeling of holding physical gold in your hands is of course a benefit in itself. But the risk of financial loss is unfortunately just as real," says the magazine from specialist business and analysis publishers dfv.Subscribers to De...Read More
After a drop in gold and silver on Monday, Technical Analyst Clive Maund reviews the precious metals' charts to explain why he believes it may be a good time to start adding to positions across the sector The heavy drop in gold and silver on Monday did not come as any surprise to us. A period of correction was predicted in the last gold and silver market updates.Fundamentally, this was triggered b...Read More
Canter Resources Corp. has started a drilling program at its Columbus lithium-boron project in Nevada. Find out why one asset manager is excited to see the results.Canter Resources Corp. (CRC:CSE; CNRCF:OTC; 601:FRA) announced it has started a 10-hole Geoprobe drilling program at its Columbus lithium-boron project in Nevada, which it recently expanded from 23,000 acres to almost 30,000 acres throu...Read More