Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
End Of The American Dream, Released on 10/30/22It appears that the global food crisis that started in 2022 is going to go to an entirely new level in 2023. Continue... The Global Food Crisis Just Got A Whole Lot Worse added by Herman James on 11/01/2022View all posts by Herman James ?+'Read More
Kitco, Released on 11/2/22 As Russian investors embrace gold this year, local banks face shortages of smaller troy-ounce gold bars.Continue... Russian banks face gold bar shortages as local demand surges added by Herman James on 11/02/2022View all posts by Herman James ?+'Read More
The Daily Gold, Released on 11/2/22We are already seeing the sector divergences that can precede important turning points. Continue... Jordan Roy-Byrne: Ingredients for Major Bottom in Gold added by Herman James on 11/02/2022View all posts by Herman James ?+'Read More
This firm, with both high-grade silver and gold assets in one project, already has a resource large enough for a mining-processing operation, noted a Haywood Securities report.Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) attracted the interest of another investment firm; Haywood Securities initiated analyst coverage on it with a recommendation to accumulate shares at current levels, reported...Read More
Rover Metals Corp., which is pivoting to critical metals and minerals, is looking to a peer's feasibility study to help prove the viability of the resource at its new project.Rover Metals Corp. (ROVR:TSX.V; ROVMF:OTCQB; 4X0:FRA), which just signed a letter of intent to option a 100% ownership interest in a claystone lithium project in Nevada, is watching a feasibility study involving a nearby lith...Read More
LONDON, 28 October 2022 - Regional German news-site inFranken.de today cites BullionVault data and analysis in a report for consumers considering gold investment."A survey by the online precious metals retailer in August showed that nearly 40% of respondents cited inflation as the reason for their actions," says the site, one of Germany's largest regional news outlets.Read the full story at inFr...Read More
LONDON, 16 October 2022 - Comment from BullionVault features today in a report from global news and data service Bloomberg on controversial plans to "reform" the global gold bullion market."Form and location do matter," says Adrian Ash, director of research at the online gold investment service, commenting on ambitions stated by the mining industry's World Gold Council to introduce a gold-backed t...Read More
Macro changing in favor of the gold stock sector is and has been a processThe process began with the leveling off of inflation’s momentum and continued as the global economy began to show signs of weakness (e.g. US manufacturing deceleration and developing supply chain slack among several other problem areas as exposed during the current earnings season).While the nominal sector (HUI or the...Read More
On the 1-year chart for gold shown below, we can see precisely why it has been in a quite severe downtrend from its peak last March. It is because the dollar and interest rates, shown at the top and bottom of the chart, have been in strong uptrends during this period.A very important point to note is that while gold has dropped about $400 from its March peak, in real terms, this decline is much mo...Read More
The gold market enters trading for the month of November on a losing streak. Can bulls finally turn things around?Their first test will be to defend the line of support established from the September and October lows. Although the gold market registered a seventh consecutive monthly decline in October – marking its worst string of monthly losses in 50 years – daily prices didn't actual...Read More
Americans will vote in the midterm elections next Tuesday. The latest polling suggests that a “red wave” is building, and Republicans may win the majority both in the House and the Senate. The election results will have implications for all markets – and that includes precious metals.Mass psychology is one factor. Confidence in U.S. institutions has been in decline for several de...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipDigital capital raising platform opens doors with over 100 ASX offers completedSPONSOREDblue horseshoe ventures pty limitedStudy points to more copper-gold potential for PolarX in AlaskaSPONSOREDpolarx limitedMultiple promising results outside the resource included 45m at 1.16%...Read More
"When I say we are now on the downhill side of this permitting process, which we have been involved in since 2016, it is true.Read More
The issuance of the Certificate of Authorisation is an important milestone that will allow Critical Elements to advance project financing discussions to start mine construction following the issuanceRead More
Calibre produced 38,928 ounces of gold from its Nicaragua mines in Q3, down from 44,579 oz a year earlier.Read More
Ero Copper reported adjusted Q3 earnings per share (EPS) of US$0.04, below the market consensus of $0.18.Read More
But the central bank also signaled that future increases in rates would be made in smaller steps to account for "cumulative tightening of monetary policy".Read More
RAPAPORT... The Botswana government has refuted a report that the country might scale back its sales partnership with De Beers.The local Sunday Standard claimed Botswana was expected to offer most of its large stones through parastatal Okavango Diamond Company to a partnership between Lucara Diamond Corp. and Belgian manufacturer HB Antwerp.President Mokgweetsi Masisi "publicly and forcefully...Read More
RAPAPORT... Hong Kong's hard-luxury sales rebounded in September amid an improved job market and a new stimulus payment.Sales of jewelry, watches, clocks and valuable gifts rose 8% year on year to HKD 3.44 billion ($437.6 million) for the month, the municipality's Census and Statistics Department reported Tuesday. While July's sales saw a 30% boost, the growth slowed in August, rising only 4%. Sep...Read More
RAPAPORT... The Responsible Jewellery Council (RJC) has appointed World Diamond Council (WDC) president Edward Asscher as vice chairman at its first in-person board meeting since the start of the pandemic.In addition to serving his second term as head of the WDC, Asscher, who was elected at the October 6 meeting in London, is the founder of the Royal Asscher Diamond Company, the RJC said Tuesday....Read More