Mesquite gold mine in California. Photo source: New Gold Inc.Equinox Gold Corp. [EQX-TSXV; EQXGF-OTC] said Friday October 12 that it has closed the US$75 million equity financing for the acquisition of the Mesquite gold mine in southern California from New Gold Inc. [NGD-TSX, NYSE American]. News of the acquisition was announced on September 19, 2018.The financing was comprised of brokered and non...Read More

The Detour Lake Mine in northern Ontario. Source: Detour Gold Corp.Detour Gold Corp. [DGC-TSX] on Friday October 12 released details of an offer that aims to settle a dispute with dissident shareholder Paulson & Co., which has been pressing for wholesale changes to the Detour board as well as the outright sale of the company.In a press release, Detour said it has chosen to release details of t...Read More

CALGARY - A financial analyst says prices being paid for Western Canadian oilsands bitumen have fallen so far that many producers are losing money on every barrel sold into the spot market.Analyst Matt Murphy of Tudor Pickering Holt & Co. says recent headlines have been focused on the falling value of the Western Canada Select price, but that measure is for a blend of heavy, sticky bitumen and...Read More

Unless you've been investing from under a rock, you know the two hottest investments of the past two years have been cryptocurrency and legal cannabis.But have you considered what these markets have in common?A few things, actually.They're both brand-new markets considered to be alternative investments. They're both being driven by hype and speculation. And both seem to appeal to younger investors...Read More

Perseus Mining Limited (ASX/TSX: PRU) is a diversified West African-focused gold production, development and exploration company, producing gold from its two mines in Ghana and C??te d'Ivoire, and developing the third gold mine in C??te d'Ivoire. Perseus' growth strategy aims to transform the Company into a 500,000-ounce per year gold producer, with three operating mines in West Africa by 2020. We...Read More

 CloseGain/LossOn WeekGold $1218.00-$4.70+1.24%Silver$14.61+$0.06-0.14%XAU69.28-0.99%+5.79%HUI153.30-0.59%+6.88%GDM550.27+0.04%+6.05%JSE Gold1154.31-1.65+10.59%USD95.28+0.26-0.36%Euro115.59-0.39+0.30%Yen89.18-0.03+1.43%Oil$71.34+$0.37-4.04%10-Year3.153%+0.009-2.66%Bond138.46875-0.375+0.93%Dow25339.99+1.15%-4.19%Nasdaq7496.89+2.29%-3.74%S&P2767.13+1.42%-4.10%  The Metals: Go...Read More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort179,746217,92163,757174,309148,443417,812430,121Change from Prior Reporting Period -12,7443,60915,1284,938-12,0537,3226,684Traders172103755654260203 Small Speculators (C) GoldSeek.com LongShortOpen Interest 47,44135,132465,253 -1,845-1,2075,477 non reportable positionsChange f...Read More

By David Brady, CFA Gold has finally caught a bid this week and is up to its highest level since July 31. The fact that the U.S. and China appear to have agreed on a meeting between Trump and Xi on trade issues at the next G20, coupled with the U.S. treasury's decision not to label China a currency manipulator, was likely the biggest factor in Gold's rise yesterday. It may be seeing some safe ha...Read More

The lofty stock markets suffered a sharp selloff this week that may prove a major inflection point. There was one lone sector that bucked the heavy selling to surge in the carnage, the gold miners' stocks. They are the last cheap sector in these bubble-valued stock markets, long overlooked and neglected. Wildly undervalued today, the gold stocks have great potential to soar dramatically ev...Read More

VANCOUVER, British Columbia, Oct. 12, 2018 (GLOBE NEWSWIRE) -- Golden Arrow Resources Corporation (TSX-V: GRG, FSE: G6A, OTCQB: GARWF), ("Golden Arrow" or the "Company"), is pleased to announce that the Company's joint venture partner in Puna Operations Inc., ("Puna"), has reported the third quarter 2018 production results for Puna's Chinchillas silver-zinc-lead deposit in Argentina.In their ne...Read More

By Steve St. AngeloTo the surprise of many investors, the precious metals have rallied while the broader markets continue to sell-off. Currently, both gold and silver are solidly in the green while the major indexes were all the red following a huge sell-off yesterday. The Dow Jones Index has lost nearly 1,000 points in the past two days while the gold price is up nearly $25.However, even th...Read More

By Avi GilburtIt seems the pundits have lost their way. The reasons for the market moves have now confounded most market participants and pundits to such an extent, and they are stretching so far to provide a reason for a market move, that we have moved from the ridiculous to the sublime.In the last several years I have outlined how the market has completely ignored the dozens of negative geopol...Read More

We know, it's just a symbol. But it's a powerful symbol of the most severe recession since the Great Depression. Yup, it's another article about the Lehman Brothers' collapse. But we really invite you to read it, as we thoroughly analyze the impact on that bankruptcy on the price of the yellow metal. You will also find out what can we learn from the 2008 banking crisis for the gold market. Ten...Read More

News, Commentary, Charts and Videos You May Have MissedHere is our Friday digest of the important news, commentary, charts and videos we were informed by this week.Market jitters and volatility have returned this week and the sell-off in US government bonds led to sharp falls on Wall Street centered on the very overvalued tech sector and the NASDAQ.(Bloomberg)Gold is 1.3% higher for the week as...Read More

David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism in America...Read More

Stocks are selling off. Could this be the beginning of the end? Legendary investor Jim Rogers talks to Silver Doctors.How bad will the next crash be? Stocks will fall over 50%, he says, just as it has in previous bear markets. He predicts the next crisis will be the worst in his lifetime.While gold and silver have held up well during the sell-off over the last couple days, Rogers says the precious...Read More

"This is going to be a sequel to 2008."Peter Schiff is an internationally recognized ecoanomist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New...Read More

Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More

The investment sea change. Value is out, growth is in and passive keeps beating active. Financial thought leaders James Grant and Jason Zweig weigh in. James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depression: 1921: The Crash That Cured Its...Read More

Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More