Another fiscal year, another governmental fight to raise the debt limit. A failure spells a crisis, but gold turns a blind eye and continues its fall.So, America has a new tradition! The government shutdown is coming. A new fiscal year starts tomorrow, and if Congress fails to agree on a budget by the end of today, the government will shut down.What does it mean for the US economy? According to Tr...Read More
Another fiscal year, another governmental fight to raise the debt limit. A failure spells a crisis, but gold turns a blind eye and continues its fall.So, America has a new tradition! The government shutdown is coming. A new fiscal year starts tomorrow, and if Congress fails to agree on a budget by the end of today, the government will shut down.What does it mean for the US economy? According to Tr...Read More
Adam HamiltonArchivesOct 01, 2021Silver has suffered a series of sharp selloffs since mid-June, serious collateral damage from gold-futures speculators' fears of Fed tightening. Naturally silver bearishness has steadily mounted in recent months as this precious metal cascaded lower on balance. But interestingly this chronic silver weakness hasn't seemed to faze investors. They've apparently largel...Read More
It is a supremely tragic irony that while the corporate media ceaselessly tout America’s soaring financial “wealth,” the nation’s true wealth - its social order - is fast unraveling.While we’re encouraged to cheer billionaires blowing a tiny sliver of their wealth on space tourism and $500 million yachts as evidence of “prosperity,” our media and leadershi...Read More
When people in authority set expectations about what is possible, it's important to be truthful and realistic about what is possible, and by when.Otherwise, things that society often takes for granted, like regular food and fuel supplies, can suffer bottlenecks in supply.There are hints that unrealistically optimistic forecasts about the future - by political and corporate leaders - are causing re...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
Spread the lovePRIVATE BLOG - Energy & The Dow Close of September Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
CNBC gives the news:Congress was poised to prevent a government shutdown Thursday with hours to go before a midnight deadline.The Senate and House both passed a short-term appropriations bill that would keep the government running through Dec. 3. The U.S. will avoid a lapse in funding once President Joe Biden signs it into law.The Senate approved the legislation in a 65-35 vote, as 15 Republicans...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
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