Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Based on quarterly productionresults, Kitco estimates that in Q2 2021, gold production in Canada was 1,570koz, 34% higher compared to 1,174 koz produced in Q2 2020.Jointly owned by Yamana Goldand Agnic...Read More

Maverix Increases and Expands Royalty Interest at OmolonCanada NewsWireVANCOUVER, BC, Oct. 18, 2021Read More

NEW YORK/LONDON, Oct 19 (Reuters) - The first U.S. bitcoin futures-based exchange-traded fund began trading on Tuesday, sending bitcoin to a six-month high and within striking distance of its all-time peak, as traders bet theETF could boost investment flows into cryptocurrencies.The ProShares Bitcoin Strategy ETF began trading on Intercontinental Exchange Inc's (ICE.N) NYSE Arca on Tuesday under...Read More

Mr. Steve Parsons reports GOLDSOURCE ANNOUNCES STOCK OPTION GRANT AND APPOINTMENT OF KIMBERLY NEWSOME AS VICE PRESIDENT, FINANCEGoldsource Mines Inc. has appointed Kimberly Newsome as vice-president, finance, effective Oct. 15, 2021.Based out of the company's Vancouver office, Ms. Newsome will be responsible for managing the finance function for the company in respect of strategic financial analys...Read More

Mr. Jeffrey Wilson reportsPRECIPITATE COMMENCES FIELD WORK AT ACE GOLD PROJECT IN NEWFOUNDLAND, CANADA AND GRANTS STOCK OPTIONSPrecipitate Gold Corp. has commenced exploration fieldwork on the Ace project, located at the northern end of the highly prospective Exploits subzone (Dunnage tectonic zone) of north-central Newfoundland, Canada.With a Newfoundland government permit to conduct prospecting...Read More

(Kitco News) - The recent bullish momentum forBitcoin is likely to be sustained because key technical levels have beenbreached, and the fear from China's tightening regulation has largelydissipated, said Florian Grummes, managing director of Midas Touch Consulting. "We have a good chance to see$100k by the end of the year, maybe even higher. Of course, that would spark analtcoin season again. If...Read More

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) -The gold market is holding on to solid gains but is seeing little new momentum following disappointing U.S. housing construction data.The U.S. housing sector was a pillar of strength for the U.S. econom...Read More

(Kitco News) - The demise of the Fed is coming, andwith the collapse of the current monetary system comes the adoption of Bitcoinas the new global reserve currency, said Gareth Soloway, chief marketstrategist of IntheMoneyStocks.com."What I'm actually calling foris a total collapse of the monetary system, actually. So, there will have to bea reset. And I do think that what we're going to go throu...Read More

Here are five Fastmarkets stories you might have missed on Tuesday October 19 that are worth another look.Vietnam's Hoa Phat Steel is close to obtaining certification from the United Kingdom Certification Authority for Reinforcing Steels (Cares), which would allow it to sell its rebar to the key markets of Singapore...Read More

Yesterdaywe mentioned and explained buying the dip when markets are in uptrends andselling rallies when in a downtrend. The support level we were looking for was1760 December gold; the low was 1760.3. Silver was 23.00, the low 23.03; bothwere potential "add on" buys. Thismorning gold is $13.00 higher, and silver is $0.55 higher. Remember, thisdoesn't always work as smoothly as this, but...Read More

The three-month copper contract is trading near record highs on the London Metal Exchange, cash prices are rising even faster, and inventories are descending toward zero. Try running a hedge book in those conditions.It's been a very real quandary facing the physical trade and industry, which awoke on Tuesday October 19 to find copper's cash to November spread had flared to a backwardation of more...Read More

The London Metal Exchange has imposed a series of temporary measures to maintain an orderly copper market after wild outright and spread price moves and dwindling inventories in recent days, the exchange said.In a notice to members, the LME said its Special Committee had been monitoring the ongoing tightness in the copper market, with exchange inventories falling and nearby carries tightening. The...Read More

Northern Star (ASX:NST) expects to produce 1.55-1.65Moz of gold in its 2022 fiscal year.The company released its quarterly activities report today.The cost of that gold is set at an all-in sustaining cost of A$1,475-$1,575/oz.The company expects its AISC to decrease over the year. Northern Star’s FY22 net growth capital and exploration budget of A$710M is unchanged.By 2026 the company expect...Read More

We've all been happy by the action of the last few days. It's niceto see miners rising by 3-5% a day. Now, assuming this is finally the beginning of a new bull legup --and the false dawns are at last over-- we ask, which part of the PMuniverse has to most to rise?The easiest way to answer this is to see how far each group isbelow its all-time high. One big reason I am not big on the general stock...Read More

Bob Moriarty ArchivesOct 19, 2021I remain convinced that the general stock market is on the precipice of a massive slide into the depths similar to that of 1929-1932 and 2000-2001. It could be some minor bank in Europe collapsing as in theCredit-Anstalt did in 1931 causing a cascading banking system plunge. Or it could be the overpriced stock and bond markets tumbling from their own weight or even...Read More

WASHINGTON, Oct 19 (Reuters) - If high inflation continues through the end of the year the Fed may have to adopt "a more aggressive policy response" to control it, Federal Reserve Governor Christopher Waller said in remarks on Tuesday outlining the case for why Fed officials may have misdiagnosed the current pace of price increases as temporary.Waller said he too still believes the economy has see...Read More

Ask a gold bull why Gold hasn't performed wellover the past 15 months, and you might hear the words manipulation,suppression, or Bitcoin in the response. You won't hear that Gold gained nearly 80% intwo years and was historically overbought.Last but not least, you won't hear about thefundamental changes that have driven capital outflows from Gold and Silver, aswell as bonds and into stocks and com...Read More

By Mai NguyenOct 19 (Reuters) - Copper prices rose on Tuesday, buoyed bydecades-low supplies and an extreme shortage of readilyavailable metal in exchange warehouses.Three-month copper on the London Metal Exchange rose1.5% to $10,351 a tonne by 0703 GMT, while the most-tradedNovember copper contract on the Shanghai Futures Exchange closed up 0.2% at 75,810 yuan ($11,834.77) a tonne.LME cash copper...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comOct 19, 2021 Is climate change real?If so, is it the result of burning dirty fossil fuels, or do government airplane “chemtrails” play the main role? What about gold?Price is often soft on Tuesdays, and some conspiracy buffs like the term, “Takedown Tuesday”. Is it...Read More

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Across the board, the bull market in base metals has helped boost investment since the COVID-19 pandemic took hold of the markets. S&P Global Market Intelligence recently conducted a report lo...Read More