Unexpectedly, it came in 77% higher than PI Financial's forecast, noted one of the broker-dealer's reports.MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) joint venture project in Zacatecas, Mexico performed well in Q2/23, from production to ramp-up, reported PI Financial analyst Chris Thompson in a July 26 research note."We are impressed with the delivery of Q2/23 operating results significantly...Read More
With the technical condition of Defense Metals Corp. strengthening, Technical Analyst Clive Maund reviews its 3-month and 8-month charts.Although there has been no net change in its price since we last looked at it on the 11th of this month, Defense Metals Corp.'s (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) technical condition has strengthened greatly with it having broken out above nearby resistance, brok...Read More
Michael Ballanger of GGM Advisory Inc. takes a current look at the Federal Reserve, the gold sector, and the energy sector to tell you where he believes it is all headed.On Wednesday, I listened to the Fed Chairman Jerome Powell drone on and on about being "data dependent" and "deeply committed" (to curtailing inflation) as the Dow Jones roared ahead for its thirteenth straight advance with the NA...Read More
Technical Analyst Clive Maund draws attention to what he believes is a particularly fine example of a Head-and-Shoulders bottom in Augusta Gold Corp.Augusta Gold Corp. (G:TSX.V: AUGG:OTCQB)While no technical pattern can be relied on 100% to lead to an expected outcome, due to the complex and sometimes unpredictable fundamental factors in play, they do indicate probabilities, and the reason for foc...Read More
Arizona Silver has provided an update on the Silverton property that suggests more mineralization than previously thought. Read on to see how much gold remains on the property.Arizona Silver Exploration Inc. (AZS:TSX; AZASF:OTC) has announced an update on the Silverton carbonate-hosted gold exploration property located in Nevada. The highlights of the update are as follows:In late March, the compa...Read More
LONDON, 28 July 2023 - Results from BullionVault's latest investor survey are featured today by finance advisory magazine DPN.BullionVault's survey "is the largest, longest and most consistent among investors who hold precious metals in their portfolio," says the report.Read the story (in German) at DPN here:Edelmetall-Anleger im Goldrausch Read More
A dark cloud of disrepute hangs over all official institutions in the developed world. It affects governments most but also all the institutions that cooperated with them over three and a half years, including media, the biggest corporations, and tech companies.The cloud covers most all academia, medicine, and experts in general.The reason traces to the utterly preposterous pretense that by the ma...Read More
This silver company announces the second-quarter production numbers for its new processing plant in Mexico, surpassing the expectations of several analysts.MAG Silver Corp. (MAG:TSX; MAG:NYSE American) has announced its second-quarter production numbers for its new Juanicipio processing plant in Mexico, surpassing the expectations of several analysts.MAG delivered nearly 7 million ounces (Moz) sil...Read More
Global Analyst Adrian Day provides brief updates on two of his favorite resource companies. He also looks at very disturbing activity by banks in England, which he believes is a foretaste of what we can expect once Central Bank Digital Currencies come into force.Altius Minerals Corp. (ALS:TSX.V) released preliminary revenues of $18.7 million for the second quarter, which came in slightly lower tha...Read More
This company has engaged a Quito-based securities firm to help market its proposed offering of US$20 million in Green Bonds to pay for its bioleaching plant in Tenguel.BacTech Environmental Corp. (BAC:CSE;BCCEF:OTCQB;OBT1:FRA) on Wednesday announced it has engaged an Ecuador-based securities firm to help market its proposed offering of US$20 million in Green Bonds to pay for its bioleaching plant...Read More
The stock market has been up and away this year.Rather, a relative handful of technology stocks have been up and away this year.The major indexes are hitched to these wagon-pullers... and that is largely why these indexes have excelled this year.Today the draft horses took to slacking and slid a bit downhill.The Dow Jones Industrial Average went 237 points backward today.Honeywell exerted a stro...Read More
Last week, I taught a graduate course in New York City for one of the big banks.I thoroughly enjoyed myself and the students did, as well.The experience reminded me of this piece I wrote about 18 months ago, before I was writing for the Morning Reckoning.You see, I'm not licensed to teach. I've just got a lot of experience that banks demand. They want me to pass on that experience to their new hir...Read More
Spread the lovehttps://www.armstrongeconomics.com/wp-content/uploads/2023/05/LaGarde-Digital-Currency.mp4 There is no question that the real problem here is that the financial system is collapsing. These morons have been borrowing since World War II with ZERO intention of ever paying off the debt. They are running out of buyers. Attacking Russia and China has divided the world economy, which...Read More
Technical Analyst Clive Maund takes a look at Western Exploration Inc.'s 5-month chart to explain why he believes it shouldn't take much to see increased demand for this gold stock.After a severe downtrend from its mid-April highs that cut its price about in half, Western Exploration Inc. (WEX:TSX.V;WEXPF:OTC) looks like a Buy here for a reversal into a recovery. On its 5-month chart below, this d...Read More
What led to this were higher quarter-over-quarter mill throughput and greater-than-estimated mill feed grades, noted a Canaccord Genuity report.MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) reported Q2/23 production surpassed Canaccord Genuity's expectation, reported analyst Lucas Pamatat in a July 26 research note.Possible Gain NotableGiven this result, Canaccord reiterated its Speculative Buy...Read More
Looking at Gladiator Metals Corp.'s 6-month chart, Technical Analyst Clive Maund explains why he believes it is an Immediate Strong Speculative Buy.Gladiator Metals Corp. (GLAD:TSX) is primarily a copper stock that is looking most attractive here as it looks ready to break out into renewed advance following a corrective downtrend from the middle of May.The latest 6-month chart shows a pattern from...Read More
Global Analyst Adrian Day provides brief updates on two of his favorite resource companies. He also looks at very disturbing activity by banks in England, which he believes is a foretaste of what we can expect once Central Bank Digital Currencies come into force.Altius Minerals Corp. (ALS:TSX.V) released preliminary revenues of $18.7 million for the second quarter, which came in slightly lower tha...Read More
Emerita has released new assay results from the Iberian Belt West project. Read on to see the company's exciting find.Emerita Resources Corp (EMO:TSX.V; EMOTF:OTCMKTS; LLJA:FSE) has announced additional assay results from the La Romanera deposit on Emerita's Iberian Belt West (IBW) project. The assay results have been received for three additional drill holes that were not included in the prior Na...Read More
Streetwise Reports sat down with Marceau Schlumberger to hear his current focus and one company he believes is on the cusp of a major asset in Nevada Marceau Schlumberger is an accomplished figure in the world of finance and investment, best known as the founder and managing partner of Coral Reef Capital. Having amassed a wealth of experience over the years, Marceau Schlumberger has established hi...Read More
This property, in a historic New Mexico mining district, showed gold, silver and copper mineralization in three prospective veins, noted a Research Capital Corp. report.Summa Silver Corp. (SSVR:TSX.V; SSVRF:OTC) discovered several new, high-grade surface showings at the Mogollon gold-silver project in New Mexico, on which the company has a 100% interest earn-in option, reported Research Capital C...Read More