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
Michael Ballanger of GGM Advisory Inc. reviews the state of the SPX Index, the gold-to-silver ratio, and the current lithium market.This weekend found me at a loss for manning the keyboards with my usual flair and literary gusto as the combination of spring weather and rangebound markets render high-conviction trade set-ups few and far between."My best shorts come from research reports where there...Read More
The Canadian silver producer acquires a high-grade, past-producing, polymetallic mine in Colorado boasting an existing resource and reserves, a recent feasibility study and upside, noted a Red Cloud Securities report.Silver X Mining Corp. (AGX:TSX.V) agreed to acquire the Revenue-Virginius polymetallic mine in Colorado out of receivership for US$4.5 million (US$4.5M) or, if the transaction is done...Read More
By setting its sight outside Canada's borders, this upstart minerals concern hopes to grow its global asset base and resultant profitability. Interra Copper Corp. (IMCX:CSE; IMIMF:OTCQB; 3MX:FRA) is a Canada-based junior exploration and development firm that had traditionally been engaged in the acquisition, exploration, and evaluation of natural resource properties in British Columbia, Canada.Acc...Read More
Last week, the company announced an investment decision on its US$230 million Terronera silver and gold project in Jalisco, Mexico, which is due to produce 4Mozpa of silver and 38,000ozpa of gold forRead More
ING is seeking US$170 million in damages from the Industrial and Commercial Bank of China, based on allegations that it released export documents for copper transactions without collecting payment -Read More
Shanta reported that the ramp-up at Singida is progressing well including 2,200 oz produced in the first 22 days of April 2023.Read More
Venus, which is the company's Cypriot venture, includes the Magellan Project and Mariner Project as well as other targeted exploration projects - Klimata, West Skouriotissa and North Alestos.Read More
(IDEX Online) - De Beers has filled the decommissioned Victor diamond mine, in northern Ontario, Canada, with almost 12 billion gallons of water and turned it into a lake.Virtually nothing now remains of the mine, which opened in 2008 and closed in May 2019.Over its life, more than 8.2 million carats of diamonds were recovered at Victor. It was identified in 1987 as Canada's first economicall...Read More
(IDEX Online) - Police in Canada are investigating the theft of gold and other valuables worth US$15m in what is believed to be the country's biggest ever heist of its kind.A cargo container packed with gold and other "items of monetary value" was stolen from a warehouse near Toronto Pearson International Airport (pictured) that was reportedly unmanned by airport security.Police have revealed...Read More
The diversified miner's group-wide copper equivalent production was up 7% year-on-year following investments last year which added copper to its portfolio and increased its share of low-carbonRead More
U.S. equity index futures were lower this morning. S&P 500 futures were down points at 8:30 AM EDT.Coca Cola added $0.84 to $64.89 after reporting higher than consensus first quarter revenues and earnings. First Solar dropped $5.19 to $211.70 after Citigroup downgraded the stock from Neutral to Sell.Chesapeake Energy added $0.15 to $81.00 after Truist initiated coverage with a Buy rating and a...Read More
It's a fact of life that in any group of students, some are likely to be smarter and quicker than others while some just can't keep up.It's unfortunate that Treasury Secretary Janet Yellen has turned out to be the slow kid in the class when it comes to economic sanctions and financial warfare.Almost 10 years ago, I sat in a secure conference room at the Pentagon and explained to a group of U.S. na...Read More
The current telling of the story of de-dollarization - the replacement of the U.S. dollar as the global economy’s primary reserve currency with a new BRIC (Brazil, Russia, India, China)-funded reserve currency - depicts the loss of the reserve currency as a catastrophe that will crush America.As delightful as this prospect may be to various audiences, once we shift from considering a reserve...Read More
Spread the loveQUESTION: Didn’t you also buy gold bars from the SS Central America ship that was discovered? The gold bugs hate you and say you are bearish gold but you buy a lot of it.All the bestJEANSWER: Oh yes. I tend to collect important relics from major economic events. The sinking of that ship set off a financial panic in NYC because the banks were counting on that gold shipment. I...Read More
Spread the loveIt is very interesting that I just purchased a hoard of $20 liberties, all uncirculated like the day they came from the mint and all dated 1904. The source was a foreign central bank. They were going through their reserves and came across this exciting hoard. It just goes to show that sometimes being disorganized results in new discoveries and excitement all the time. This batch was...Read More
In our sector [junior mining] it's never different. And so its very, very predictable corporate behavior and investment behavior.Read More
AOC is calling for the US to ban Fox News host, Tucker Carslon.Read More
Last week a group of protesters invaded the offices of stockmarket operator Euronext in Paris' La Defense business district, saying ...Read More
Join SmallCapSteve today as he shares the life story of the man behind Open AI and Chat GPT. Learn from Sam Altman's journey ...Read More
Proactive Research analyst Manos Halicioglu discusses his latest research note on Sirius Real Estate Limited (LSE:SRE, ...Read More