The VRIC Kitco Gold Panel included best-selling "Rich Dad, Poor Dad" author Robert Kiyosaki, "Independent Speculator" ...Read More
WORRIED ABOUT THE MARKETS? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Wealthion's endorsed financial ...Read More
An analyst says Defense Metals Corp. is well-positioned to benefit from demand for rare earth elements with its continued high-grade results in British Columbia.Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) continues to release high-grade results from its Wicheeda rare earth element (REE) deposit in British Columbia.This week it released drill results from eight core holes totaling 2,104...Read More
Michael Ballanger of GGM Advisory Inc. reviews the current state of the U.S. dollar to tell you where he believes it is heading.It was only a few months ago that the world witnessed an event in the Middle East that can only be classified as a "watershed event." For the first time since Chevron first discovered oil in the Dhahran, Saudi Arabia, a world leader not belonging to the U.S.-dominated NAT...Read More
Gold will rocket to $3,000 next year – at least that’s what Saxo Bank says. Does this prediction make any sense though?Did you hope gold would break finally $2,000 in 2023? What if I told you that gold is going to soar to at least $3,000? Have I gone mad? No; that’s not my forecast, I only summarize the Saxo Bank’s Outrageous Predictions for 2023.According to the publicatio...Read More
Gold largely ignoredinflation raging out of control in 2022. Despite the first inflation super-spike since the 1970s, history’s ultimateinflation hedge disappointed. But that unsustainableanomaly driven by extreme Fed rate hikes catapulting the US dollar parabolicwon’t last. Inevitably prevailing goldprices will adjust much higher to reflect this red-hot inflation fuel...Read More
Here's how history rhymes in theprecious metals market and what we can glean from recent movements in gold,silver, and mining stocks.Historytends to repeat itself. Not to the letter, but in general. The reason is thatwhile economic circumstances change and technology advances, the decisions tobuy and sell are still mostly based on two key emotions: fear and greed. Theydon’t change, and once...Read More
(Updates prices, adds Port Pirie ramp up) By Pratima Desai LONDON, Dec 28 (Reuters) - Copper prices hit a two-weekpeak on Wednesday as top consumer China's easing of COVIDrestrictions spurred buying, but recession risks andexpectations of weaker demand capped gains. Benchmark copper on the London Metal Exchange (LME)was up 1.1% at $8,444 a tonne at 1705 GMT after touching itshighest since Dec. 14...Read More
Libero Copper and Gold Corp. is building relationships with locals near its projects in Colombia and Argentina.Libero Copper and Gold Corp. (LBC:TSX.V; LBCMF:OTCQB) has entered into a cooperation agreement with the community of Montclar, Colombia, near its Mocoa copper-molybdenum project.The "Cooperation Framework Agreement for Participation and Generation of Shared Benefits" was signed unanimousl...Read More
Looks at the changes in the Top 10 TSXV Gold Stocks by market cap from January 2022 to December 2022.Read More
Gold has been poweringhigher on balance for a couple months now, surging to major breakouts. That upside momentum is improving sentiment,with traders growing more bullish on gold’s potential. That is well-placed, as this upleg remainsyoung. Major gold uplegs are three-stageevents, each having distinct drivers. The first and smallest stage isn’t even finished yet,...Read More
Investors got some superficially good news on the economy this week. But it turned out to be bad news for markets.Although they’ve bounced back a little today, equities and precious metals markets sold off on Thursday following government data showing that the economy grew faster than expected in the third quarter. GDP was revised upward to a 3.2% annual pace from July through September.Of c...Read More
Since the gold market now showsparallels to 2008 and 2013, what can we expect if the correction has justended? TheUSDX's Breakout The changes that we saw on the chartsyesterday were not enough to change anything that I describedyesterday, so those comments remain up-to-date. Also, what I coveredduring yesterday’s live event (I combined the live market analysis with thepresentation about the...Read More
ISLAMABAD (Reuters) - Pakistan's supreme court on Friday endorsed a settlement with Barrick Gold to resume mining the Reko Diq, one of the world's biggest copper and gold deposits sites in the country's southwest, a court order showed. The short order was read out by the Chief Justice of Pakistan Umar Ata Bandial, who headed a five-person panel. A Reuters reporter was present in the co...Read More
It was unclear on Monday if protesters in Peru would abandon planned strikes and disruptions around mines run by Glencore (LSE: GLEN) and China-controlled MMG after new President Dina Boluarte promised elections two years early in 2024. Boluarte announced the initiative after two protesters died on Sunday in widespread unrest following the Dec. 7 sacking of former President Pedro Castillo on char...Read More
When I was younger, I was taught that if you cannot say something nice, don't say anything at all. Well, when many of you have asked why I have not written about metals in quite some time, now you know the reason. But, I think that's about to change.Before we begin, I want to give you a little background about my history in the metals market.For those who may not remember the action we experi...Read More
Drilling by Fortuna Silver Mines (TSX: FVI; NYSE: FSM) at its S?(C)gu?(C)la gold project in C??te d'Ivoire continues to reveal more exploration upside, with the company announcing on Monday an updated resource for the Sunbird deposit as well as the discovery of two regional prospects.Following the release of an initial resource for Sunbird earlier this year, exploration drilling has since resulted...Read More
Expert Michael Ballanger of GGM Advisory Inc. reviews Andrew Ross Sorkin's decision to interview SBF in a global broadcast, Fed Chairman Jerome Powell's November 30th email alert, and the price of gold as it advances to tell you where he believes the market is heading and what you should look out for.I will discuss gold in a few paragraphs, but first. . . Andrew Ross SorkinAt the exact moment whe...Read More
The newly reported drill results also extended the mineralization present at the primary exploration target, noted a Research Capital Corp. report.Scottie Resources Corp. (SCOT:TSX.V) released more positive drill results from its Scottie gold project in British Columbia's Golden Triangle, reported Research Capital Corp. analyst Stuart McDougall in a November 11, 2022, research note. These new data...Read More
New Found Gold (TSX-V: NFG, NYSE-A: NFGC) says new drilling expands its Keats West discovery in the Queensway project of central Newfoundland. Hole NFGC-22-773 intersected 18.6 grams gold per tonne over 15.95 metres with mineralization starting at a vertical depth of just 8 metres, the company said in a news release on Wednesday. The new intercept is located up the sloping formation from two...Read More