Bitcoin was heralded as the new gold.But the “old” gold ultimately managed to move above its 2021 highs, while the“new” gold didn’t.Gold didn’t disappear; they both coexist,and they both have a strong anti-dollar vibe.Questioning Bitcoin'sRallyBut… Could it be the case thatbitcoin’s rally is over? It hasn’t moved to new highs after all, despit...Read More
Matthew Piepenburg of VON GREYERZ, Gold Switzerland, shares his thoughts on the current state of de-dollarization, its impact on commodities, and where he sees gold and oil heading.The United States faces significant challenges, with many expressing concerns about the country's multiple fractures, the devaluation of its currency, and the struggles of its middle class, increasingly described as the...Read More
Giant Mining Corp. (CSE:BFG;OTC:BFGFF;FWB:YW5) has announced its engagement with Legarza Exploration for the construction of new roads and drill sites at the Majuba Hill Porphyry Copper Deposit in Pershing County, Nevada. See what this means for Giant's copper, gold, and silver mining prospects.Giant Mining Corp. (CSE: BFG | OTC: BFGFF | FWB: YW5) has announced its engagement with Legarza Explorat...Read More
During the Great Depression, both silver(1931) and the Dow (1932) reached a significant low. Both have rallied significantlysince then. However, the structure of the rallies was very different.To date, the Dow has significantlyoutperformed silver since those lows. The Dow increased 988-fold from the lowto the all-time high, whereas silver has only increased 179-fold from the lowto the all-time hig...Read More
Receives Mine Reclamation Bond Acceptance for the Mine Operating Permit CHEYENNE, Wyo., June 20, 2024 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (Nasdaq: USAU), today announced that its wholly-owned subsidiary, Gold King Corp., has received formal acceptance of the previously submitted reclamation bond, from the Director of the Wyoming Department of Environm...Read More
Technical Analyst Clive Maund reviews three charts to explain why now may be the perfect time to buy in the gold sector.The charts for gold and silver continue to look very positive and this looks like a good point to buy the sector after the correction of the past month that has caused quite severe reactions in a number of PM stocks.This update features 6-month charts for gold, silver, and VanEck...Read More
Bitcoin was heralded as the new gold.But the “old” gold ultimately managed to move above its 2021 highs, while the“new” gold didn’t.Gold didn’t disappear; they both coexist,and they both have a strong anti-dollar vibe.Questioning Bitcoin'sRallyBut… Could it be the case thatbitcoin’s rally is over? It hasn’t moved to new highs after all, despit...Read More
Bitcoin was heralded as the new gold.But the “old” gold ultimately managed to move above its 2021 highs, while the“new” gold didn’t.Gold didn’t disappear; they both coexist,and they both have a strong anti-dollar vibe.Questioning Bitcoin'sRallyBut… Could it be the case thatbitcoin’s rally is over? It hasn’t moved to new highs after all, despit...Read More
Money being scarce saves us from many pernicious forms of mischief, and having too much money/credit leads to catastrophe. This is of course the exact opposite of the conventional belief that having lots of money makes life not just easier but expansive and, well, as perfect as human life can be.On the scale of nation-states, having too much money/credit leads to the catastrophe of wars of choice,...Read More
During the Great Depression, both silver(1931) and the Dow (1932) reached a significant low. Both have rallied significantlysince then. However, the structure of the rallies was very different.To date, the Dow has significantlyoutperformed silver since those lows. The Dow increased 988-fold from the lowto the all-time high, whereas silver has only increased 179-fold from the lowto the all-time hig...Read More
We remain besieged by responses to our D-Day coverage.Certain readers nearly chain us Mr. Benedict Arnold. Reader B.H. for example.From whom:I find the comments about D-Day very disturbing. There was no need to disrespect D-Day on that day. Whatever your views on D-Day they could have been discussed at any time than on that day. You do all Americans a disservice when you have to dig into every a...Read More
The paint isn't even dry on the freshly-split NVIDIA shares and the financial media is already crowning it as the next big addition to the Dow.It's all just speculation at this point. But if NVDA keeps pace with its historic run, it would certainly be a welcome addition to the industrials. After all, NVDA just casually added another trillion bucks to its market cap as it stacks up a gain of nearly...Read More
I suspect you thought that June 6, 1944, was D-Day, when U.S.-British-Canadian and other Allies invaded Normandy, France, eighty years ago today. Yes, I know that the event is called D-Day, but for reasons I'll explain in a moment, let's go with the letter "L." Bear with me...Who Put the "D" in D-Day?D-Day is a confusing label. There's no correct explanation for the letter "D," not now nor back on...Read More
Thesis Gold Inc. (TAU:TSX) announced it has filed a technical report for the updated mineral resource estimate (MRE) for its 100%-owned Lawyers-Ranch project in the Toodoggone Mining District of Northern British Columbia. Read to see the major returns being predicted by one analyst.Thesis Gold Inc. (TAU:TSX) announced it has filed a National Instrument 43-101 technical report for the updated miner...Read More
The world continues to search for more copper sooner rather than later to help the transition to cleaner green energy. World Copper Ltd.'s (WCU:TSX.V;WCUFF:OTCQX; 7LY0:FRA) President, Chief Executive Officer, and Director Gordon Neal thinks his company will be able to contribute to lessening that deficit sooner.The world continues to search for more copper sooner rather than later to help the...Read More
Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCQB) says it had started its 2024 exploration programs at its Keno Silver project in the Yukon Territory and the La Plata copper-silver-gold-platinum group element (PGE) in Colorado. Find out why these metals are needed for the new green economy.Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCQB) announced it has started its 2024 exploration programs at bot...Read More
Technical Analyst Clive Maund explains why he believes now may be an opportune time to buy Arizona Gold & Silver Inc. (AZS:TSX; AZASF:OTC).Arizona Gold & Silver Inc. (AZS:TSX; AZASF:OTC)The charts for Arizona Gold & Silver Inc. (AZS:TSX; AZASF:OTC) present a most encouraging picture of a stock that is building up to a major bull market yet still at a most attractive price here.Before we look at th...Read More
Yesterday's reckoning drew a heaping mail.We reckoned that the United States contributed less to World War II victory than the Russian contribution.Thus we have offended the national pieties.We may as well have denounced the institution of motherhood, pies with apples in them and the Declaration of Independence.Reader K.K deals with us this way:What a lousy thing to write on D-Day. Any other day,...Read More
I'm sure you recall the banking crisis of March to May 2023.It began with the collapse of the little-known Silvergate Bank on March 8. This was followed the next day by the collapse of the much larger Silicon Valley Bank (SVB) on March 9. SVB had over $120 billion in uninsured deposits.Bank deposits over $250,000 each are not covered by FDIC insurance. Those depositors stood to lose all their mone...Read More