With a more hawkish Fed disposition,non-commercial traders remaining dollar-strong, and the EUR/USD sinking, itdoesn’t bode well for the metals.With U.S. Treasury yields continuingtheir ascent on Sep. 28, the mini taper tantrum pushed the NASDAQ 100 over acliff. And with the USD Index loving the surge in volatility, the greenbackfurther cemented its breakout above the neckline of its inverse...Read More
With a more hawkish Fed disposition,non-commercial traders remaining dollar-strong, and the EUR/USD sinking, itdoesn’t bode well for the metals.With U.S. Treasury yields continuingtheir ascent on Sep. 28, the mini taper tantrum pushed the NASDAQ 100 over acliff. And with the USD Index loving the surge in volatility, the greenbackfurther cemented its breakout above the neckline of its inverse...Read More
With a more hawkish Fed disposition,non-commercial traders remaining dollar-strong, and the EUR/USD sinking, itdoesn’t bode well for the metals.With U.S. Treasury yields continuingtheir ascent on Sep. 28, the mini taper tantrum pushed the NASDAQ 100 over acliff. And with the USD Index loving the surge in volatility, the greenbackfurther cemented its breakout above the neckline of its inverse...Read More
LONDON, 30 September 2021 - Comment and analysis from BullionVault features today in a detailed report on the outlook for silver prices published by Barron's, the USA's longest-running investment magazine."While silver typically finds over half its end-demand from tech and industrial uses, investment flows are what drive prices higher or lower," the magazine quotes Adrian Ash, director of research...Read More
(Corrects to remove the word "smelter" in paragraph 1)Sept 30 (Reuters) - Australian diversified miner South32 Ltd said on Thursday it exercised its right to buy anadditional 25% stake in Mozambique-based Mozal Aluminium, a movethat will increase its annual aluminium output by 15%.South32 bought the additional stake in the aluminium smelterfor $250 million from Mitsubishi Corp Metals Hol...Read More
Bill Powers of Mining Stock Education profiles QC Copper and Gold's newly defined Opemiska copper-gold deposit in Chibougamau, Quebec.QC Copper and Gold Inc.'s (QCCU:TSX.V; QCCUF:OTCQB) Opemiska Deposit in Quebec consists of 81.7 million tonnes @ 0.88% copper equivalent (CuEq) of pit-constrained Measured and Indicated mineral resources and 21.3 million tonnes @ 0.73% CuEq of Inferred mineral resou...Read More
Alianza Minerals recently completed its 2021 drilling campaign at its flagship Haldane silver project in the historic Keno Hill Mining District, and the last assays of this program have been received recently. Another batch of solid results implies the company is on the right track, but is looking for a bigger prize.Alianza Minerals Ltd. (ANZ:TSX.V; TARSF:OTCQB) recently completed the 2021 drillin...Read More
Westhaven Gold's 2021 exploration and resource drilling at its Shovelnose property resumes after wildfires halted the project temporarily this summer, continues to bear positive results this autumn.Summer 2021 was hot and fiery in the U.S. and Canadian Pacific Northwest. So much so that Westhaven Gold's Shovelnose gold-silver project in British Columbia was affected as well. Drilling had to be cur...Read More
"Dominant" silver projects led by experienced, local teams in mining-friendly jurisdiction and proven locations are the foundation for Norseman Silver's plans for the next 12 months.In a recent interview with Streetwise Reports, Sean Hurd, CEO of Norseman Silver [TSX-V: NOC], compared silver to a "coiled spring." Hurd went on to say that "when silver moves, pure silver plays really get alerted."A...Read More
Gatling Exploration completed metallurgical tests on its three deposits at Larder, which provided initial gold recovery levels on which the company aims to improve.In its rapid advancement of the Larder gold project, Gatling Exploration Inc. (GTR:TSX.V; GATGF:OTCQX) just achieved a potential stock-moving milestone with the release of first metallurgical testing results. "Total gold recovery at Ch...Read More
It’s Powell’s doing, as always... the Chair signaled that tapering could be announced as soon as next month. What does this mean for gold bulls?In the latest edition of the Fundamental Gold Report, I covered the FOMC’s newest statement on monetary policy and the dot-plot. I concluded that “gold will struggle until the Fed’s tightening cycle is well underway”. As...Read More
- Pre-Feasibility Study (PFS) is well-advanced and currently undergoing optimization for planned completion by end of 2021- Ongoing 2021 field season work is building on PFS data, advancing the project towards a full feasibility study for potential completion mid-year 2022- Mine permit application progresses with 12-months baseline data in hand for potential submission in 2022CHEYENNE, Wyo., Sept...Read More
Your editor - we regret to inform you - is a cretin.This we have on the authority of reader Matt P.Matt's note lists credentials indicating he is a man of high finance. He is evidently a grandee at a New York financial concern.From whom:Brian Maher is a cretin. I just visited the website and saw his "The Most Dangerous Man" piece. Invoking bad statistics and the typical slew of denialist blather,...Read More
It’s Powell’s doing, as always... the Chair signaled that tapering could be announced as soon as next month. What does this mean for gold bulls?In the latest edition of the Fundamental Gold Report, I covered the FOMC’s newest statement on monetary policy and the dot-plot. I concluded that “gold will struggle until the Fed’s tightening cycle is well underway”. As...Read More
LONDON, 29 September 2021 - BullionVault is named today by the Financial Times - the global investment markets' paper of record - as a way for private investors to spread their portfolio risk by buying physical gold.Listing ideas for investors wanting to diversify their assets, "[One] suggestion is the least surprising of all: physical gold," says David Stevenson, long-running author of the FT's A...Read More
It’s Powell’s doing, as always... the Chair signaled that tapering could be announced as soon as next month. What does this mean for gold bulls?In the latest edition of the Fundamental Gold Report, I covered the FOMC’s newest statement on monetary policy and the dot-plot. I concluded that “gold will struggle until the Fed’s tightening cycle is well underway”. As...Read More
It’s Powell’s doing, as always... the Chair signaled that tapering could be announced as soon as next month. What does this mean for gold bulls?In the latest edition of the Fundamental Gold Report, I covered the FOMC’s newest statement on monetary policy and the dot-plot. I concluded that “gold will struggle until the Fed’s tightening cycle is well underway”. As...Read More
(Updates number of rescued workers)Sept 28 (Reuters) - Vale SA said on Tuesday that35 of its employees who were trapped in a Canadian mine hadreturned to the surface and four more were on their way out.On Monday, the Brazilian miner said 39 mine workers had beentrapped underground since Sunday at its Totten mine in Sudbury,Canada.Vale said earlier on Tuesday it expected all employees tosurface by...Read More
Jack ChanPosted Sep 27, 2021Gold sector as represented by $HUI is now on amajor SELL signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal.Short-term signals can last for days and weeks and are more suitable for traders. Speculation is in bear market values.Speculation in bear market values. Our ratio is on SELL signal.Watching for a potentia...Read More
Bob Moriarty ArchivesSep 28, 2021I’m seeing a lot of sentiment indicators that are giving signals of a near bottom. TheGold Miners Bullish Percent Index has hit a new yearly low of 20, the lowest value since the plunge in March of 2020. The DSI for gold and silver hit 10 and 10 on September 16th and currently is at 13 for gold and 12 for silver. I’m ok with that suggesting we are near...Read More