Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) completed geotechnical fieldwork to support an upcoming preliminary feasibility study (PFS) on its Wicheeda rare earth element (REE) project, according to a December 28, 2023 report by Mark Reichman, Managing Director at Noble Capital Markets. The PFS remains on track for release in the second quarter of 2024.The Phase III results build on po...Read More
The train wasn't scheduled for another 20 minutes, so I had a chance to contemplate the official sign on the door of the huge elevator leading to the platform.It said that only four people are allowed in because we must all practice social distancing. There was a helpful map of the interior of the elevator with stick figures telling people exactly where to stand.Yes, these stickers are still every...Read More
The Emperor is naked, and the world can't unsee it.Last week, in this very space, I wrote about how a bunch of goat herders from the Arabian Peninsula had halted world trade.As I sit here on Wednesday night, one of Zero Hedge's headlines reads, "US Warship Directly Targeted In ‘Largest Ever’ Houthi Red Sea Missile Attack."I don't know what's funnier: these tribesmen showing up the worl...Read More
We hazard the future hinges upon a monumental race.It is a contest between two mighty men political man and technological man.At stake is the destiny of everyman, presently in the siege of political man.Under political man the nation has taken aboard $34 trillion of debt.Under political man the nation's debt-to-GDP ratio well excels 120%.Heavily because of it... under political man... the nati...Read More
LONDON, 11 January 2024 - Exclusive analysis from BullionVault is published today by professional investor magazine and ratings service Trustnet."Gold rose last year even as real interest rates rose at the fastest pace since at least 1950," says the article from BullionVault director of research Adrian Ash.Find out how that happened, and what it means for 2024 gold prices, at Trustnet here:Can gol...Read More
Defense Metals Corp. announces an agreement with Ucore Rare Metals Inc. to test Ucore's new rare earth element (REE) separation technology. One analyst says DEFN's Wicheeda project has "several competitive advantages."Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) announced a non-binding memorandum of understanding (MOU) with Ucore Rare Metals Inc. (UCU:TSX.V; UURAF:OTCQX) to test samples...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on American Eagle Gold Corp.American Eagle Gold Corp. (AE:TSXV)I have been on the phone answering calls from some very big players in the mining business this afternoon asking my opinion of Anthony Moreau and this NAK discovery. I draw your attention to the Hercules Silver (BIG:TSXV) chart shown below.Their recent drill holes were not bett...Read More
This gold company is exploring its 100%-owned project in Nevada, which one analyst called "one of the most attractive mining jurisdictions in the world.Western Exploration Inc. (WEX:TSX.V;WEXPF:OTC) announced final assay results and structural interpretation from its 2023 core drilling program in the Jarbridge rhyolite northeast of the Gravel Creek resource area on its Aura gold and silver project...Read More
CHEYENNE, Wyo., Jan. 10, 2024 /PRNewswire/ -- U.S. Gold Corp. (Nasdaq: USAU) (the "Company," "we," "us" or "our"), a gold development and exploration company, today issued a CEO update outlining its recent and expected milestones, as it continues to advance its assets and projects (the "CEO Update") in 2024.Operational and strategic highlights follow:CK Gold ProjectAnticipated Permit Approval H1...Read More
What happened to Boeing, the former gold standard of American industry? Nothing good, as I'll show you today.Simply put, Boeing isn't the company it used to be.By now, I'm sure you've heard about the Jan. 6 near crash of a Boeing 737 Max 9 operated by Alaska Airlines, after the fuselage door blew off the plane. That caused decompression and the use of emergency oxygen.The door blew out because of...Read More
Michael Ballanger of GGM Advisory Inc. shares his throughs on American Eagle Gold Corp.American Eagle Gold Corp. (AE:TSXV)I have been on the phone answering calls from some very big players in the mining business this afternoon asking my opinion of Anthony Moreau and this NAK discovery. I draw your attention to the Hercules Silver (BIG:TSXV) chart shown below.Their recent drill holes were not bett...Read More
LONDON, 9 January 2024 - German personal finance site Das Investment today reports the latest Gold Investor Index data and comment from BullionVault."Appetite for the precious metal seems to be almost saturated," says the website, noting that Bullionvault's measure of investor sentiment last year fell to its lowest annual average on the 12-year series.Read the full story at Das Investment here:Deu...Read More
Analysts believe that copper's value will continue to rise as demand for the metal outpaces supply. Read on to see which companies' stocks look ready to take on the copper market.Some recent developments out of South America may shape the way that the copper market develops in 2024. The restriction of supply from major copper producers in Panama, Chile, and Peru may widen the gap between global su...Read More
LONDON, 9 January 2024 - The latest annual price forecast made by users of BullionVault responding to the precious-metal marketplace's New Year survey is featured today by leading German newspaper Handelsblatt.Even though the price of gold has risen sharply in 3 of the past 5 years, BullionVault users now expect a near 14% rise from current levels in 2024, says the report."This comes at the upper-...Read More
LONDON, 9 January 2024 - Popular UK personal finance site Your Money today highlights BullionVault as a secure, low-cost and convenient way to invest in physical gold."BullionVault customers believe gold will set new all-time highs in 2024," says the report, quoting our latest user survey.Get the full story, plus advice on saving money and getting the maximum security when investing in gold, at Yo...Read More
Investors are already pining for the good ol' days of 2023.Yes, we're just five trading days into 2024. But it appears Mr. Market's New Year's resolution was to pulverize the bulls into a fine powder and leave just about everyone wondering how everything changed so quickly.December trading finished with the S&P 500 and Nasdaq Composite posting their ninth winning week in a row as stocks rode a...Read More
LONDON, 8 January 2024 - Data and analysis from BullionVault features today in a report on gold's prospects for the year ahead from Interactive Investor, the UK investment trading platform.Among private investors, "High interest rates and record-high gold prices [have been] deterring new buyers," the article quotes director of research Adrian Ash."In contrast, central banks led by China continue b...Read More
Slowly. Then rapidly...In 1981 205 years after the nation's birth its debt first scaled $1 trillion.That is, the business was the work of 205 years.Today the work of 205 years reduces not to centuries... not to decades... not to years... but to months.Consider: The nation's debt attained an existingly delirious $33 trillion in September 2023.In January 2024 a mere four months following the c...Read More
As the U.S. Federal reserve considers reducing interest rates, gold looks set to rally in 2024. Read on to see which four stocks look set to benefit from the gold market.As the U.S. Federal Reserve is considering cutting interest rates into 2024, investors have found renewed interest in gold. The metal is commonly seen as a "safe haven" for investors when confidence in the economy is low.According...Read More
The delay by the U.S. Forest Service is minor, but the mining company will likely have to secure additional funds to see the process to completion, noted a Cantor Fitzgerald report.Federal permitting of Perpetua Resources Corp.'s (PPTA:TSX; PPTA:NASDAQ) Stibnite gold-silver-antimony project in Idaho is now delayed by three to nine months, reported Cantor Fitzgerald analyst Mike Kozak in a January...Read More