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
Stillwater Critical Minerals Corp. (PGE:TSX.V; PGEZF:OTCQB; J0G:FSE) has reported the final drill results from its resource expansion drilling at its flagship Stillwater West project in Montana. Find out why nickel and platinum group elements are important for the energy transition.Stillwater Critical Minerals Corp. (PGE:TSX.V; PGEZF:OTCQB; J0G:FSE) has reported the final drill results from resour...Read More
John Newell of RSD Discovery Group believes that gold, often regarded as a safe haven asset, exhibits notable seasonal patterns that savvy investors can leverage to optimize their portfolios. He shares the chart from Seasonax Ltd. to show that gold prices tend to hit a low in early July and then rise in August and September. While gold can have periodic corrections, Newell believes that the rise o...Read More
Silver North Resources Ltd. (SNAG:CVE; TARSF:OTCMKTS) has successfully closed the first tranche of its non-brokered private placement, raising CA$562,500. Read on for details of how Silver North reached this important milestone and what it means.Silver North Resources Ltd. (SNAG:CVE; TARSF:OTCMKTS) has successfully closed the first tranche of its non-brokered private placement, raising CA$562,500....Read More
Technical Analyst Clive Maund shares an update on Blackwolf Copper & Gold Ltd. (TSXV.BWCG; OTC:BWCGF) and Treasury Metals Inc. (TML:TSX: TSRMF:OTCQB) as the companies inch closer to a merger.This year, Blackwolf Copper & Gold Ltd. (TSXV.BWCG; OTC:BWCGF) and Treasury Metals Inc. (TML:TSX: TSRMF:OTCQB) signed a merger deal to combine the two companies to advance the Goliath Gold Complex project (GGC...Read More
Mergers and acquisitions of companies and projects, frequently talked about in the resource markets, can wake up junior mining stocks. Now, such an event has happened in the newsletter sector of the industry. Read on to see how these experts have merged and what companies they all have their eyes on. Long-time newsletter writer Gwen Preston just retired the pen for a career change, but her publica...Read More
Giant Mining Corp. (CSE:BFG; OTC:BFGFF; FWB:YW5) has announced its engagement with Boart Longyear Limited for reverse circulation (RC) drilling services at the Majuba Hill Porphyry Copper Deposit in Pershing County, Nevada. Find out how this affects the company's upcoming drilling plans.Giant Mining Corp. (CSE: BFG; OTC:BFGFF, FWB:YW5) has announced its engagement with Boart Longyear Limited for r...Read More
Global Analyst Adrian Day discusses some recent updates on some of the companies on his list.Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE) released updated resource estimates and an updated mine plan for Detour Lake in Northern Ontario, incorporating its proposed underground mining, which will provide early access to a high-grade core at depth. The Preliminary Economic Assessment (PEA) demonstrates...Read More
The gold miners’ stocks have been grinding lower for a month now, sapping traders’ enthusiasm.But this is par for the gold-summer-doldrums course, what typically happens in June.This sentiment-rebalancing drift is quite bullish for this high-potential sector, reloading it for another strong surge higher.With their probable mid-summer bottoming nearing, traders have a mid-upleg opportun...Read More
Did today’s decline in gold surpriseyou? It shouldn’t – during Thursday’s rally, gold moved to two resistancelines.And I sent out a special Alert indicatingthat this was actually a shorting opportunity. That’s my second position ingold in years, and we closed the previous one (it was a long position)profitably in April this year. The Beginning of aBigger MoveAnd let m...Read More
There are cracks in the foundation of dollar dominance. CouldChinese gold be the straw that breaks the dollar’s back? In a column published by the Telegraph,economist Julian Jessop points out that people have been predicting thedollar's demise for decades. Eventually, they'll be right.“And that day may be drawing much closer.”It may seem premature to talk about the demise of the...Read More
Michael Ballanger of GGM Advisory Inc. shares how India's copper demand may impact the metal's price. Ballanger also reviews the gold and silver market, and shares one company he thinks might have a VMS project. As I was doing some research this week on the history of copper demand, what started as a focus on China wound up with some interesting revelations surrounding the economic history of neig...Read More
Can the HUGE price move from thoseyears really be repeated?AnalogousSituations: 2008, 2022, and NowAs gold continues to move back andforth in the same trading range, I decided to dedicate today’s analysis tosomething different. After all, I already described my current goldprice forecast for May 2024 and the situation in the forex marketremains just as I had described it earlier. I emphasize...Read More
As economic data comes in worse than expected, investor uncertainty is rattling markets. On Thursday, the Commerce Department released its estimate of Gross Domestic Product for the first quarter. GDP growth came in at a disappointing 1.6% -- well short of the 2.3% consensus forecast.Stocks sold off on the news. But gold and silver markets bounced modestly off their lows from earlier in the week....Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points at 8:30 AM EDT.Rivian jumped $6.49 to $18.45 after Volkswagen announced a joint venture where Volkswagen committed up to a $5 billion investment.FedEx advanced $38.36 to $295.00 after the company announced higher than consensus fiscal fourth quarter results. The company also announced plans to spin off one of...Read More
One hundred and three steps. That's how much I had to climb to bring my grandpa his lunch every day at the ore dock.Marquette, Michigan is the hub of America's iron industry. It's where I grew up. My grandpa was the loadmaster at the town's famous ore dock. He spent his entire career working around iron from iron rails, to ore boats, to where he retired, in Marquette.Some 500 million tons of the...Read More
Technical Analyst Clive Maund takes a look at Abitibi Metals Corp. (AMQ:CSE ; AMQFF:OTC; 4KG:FR4) to explain why he believes it is a Buy.Abitibi Metals Corp. (AMQ:CSE ; AMQFF:OTC; 4KG:FR4) is looking very attractive here for several important reasons. The first is that last Fall, it moved to acquire an 80% interest in the B26 Polymetallic deposit in Quebec that holds 400 million pounds of copper,...Read More
Aztec Minerals Corp. (AZT:TSX.V; AZZTF:OTCQB) has announced significant progress in its 2024 surface exploration program at the Tombstone Gold-Silver Project in southeastern Arizona. Read on for more info on how this affects Aztec's upcoming projects.Aztec Minerals Corp. (AZT:TSX.V; AZZTF:OTCQB) has announced significant progress in its 2024 surface exploration program at the Tombstone Gold-Silve...Read More
Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced its first mineral resource estimate (MRE) for the Bronson Slope deposit at its 100%-owned Iskut project in northwest British Columbia's Golden Triangle. See why experts think this could be the time to invest in the yellow metal.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced its first mineral resource estimate (MRE) for the Bronson Slope de...Read More
Technical Analyst Clive Maund shares an update on Graphano Energy Ltd (GEL:TSXV; GELEF:OTCMKTS), which he still believes is a Strong Buy.Since we looked at Graphano Energy Ltd (GEL:TSXV; GELEF:OTCMKTS) toward the end of May, the company has made solid progress advancing its projects, and on the 26th of this month, the company announced that it had staked an additional 20 mining claims on the weste...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 5 points at 8:35 AM EDT.U.S. equity index futures recovered 5 points following release of economic news at 8:30 AM EDT: May Durable Goods Orders were expected to decrease 0.6% versus a gain of 0.7% in April. Actual was an increase of 0.1%. Updated U.S. first quarter annualized real GDP growth was expected to remain un...Read More