The US dollar banking system is in themidst of a bank run by the measures that I will illustrate here.Since the 1879 gold standard wasestablished in America, the US dollar could be directly redeemed for goldwithin the banking system. This continued even after the Federal Reserve wascreated and until it was ended for citizens in 1933.In such a system, the measure of actualgold held by the banking s...Read More
Barry Dawes of Martin Place Securities shares his thoughts on the current state of gold and gives us one stock he believes is a Buy.Gold is all ready to run now. This move to US$3000 and beyond is just the start. It is important to try to understand what the real drivers are. Mostly short covering after decades of suppression.It's amazing, though, how all I seem to see is bearish commentary on the...Read More
West Red Lake Gold Mines Ltd.'s (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO) Madsen Mine is advancing toward full production with a successful mill restart and accelerated underground development. With key milestones achieved, what's next for the company's resurgence?West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO) has achieved key milestones in restarting the Madsen Mine in Ontario, includi...Read More
The US dollar banking system is in themidst of a bank run by the measures that I will illustrate here.Since the 1879 gold standard wasestablished in America, the US dollar could be directly redeemed for goldwithin the banking system. This continued even after the Federal Reserve wascreated and until it was ended for citizens in 1933.In such a system, the measure of actualgold held by the banking s...Read More
Recession signals are becoming hard to ignore.On Monday, JPMorgan economists raised their risk of recession to 40%. Big banks are typically bullish to a fault, so this is noteworthy.Meanwhile, a recent poll revealed that more than half of Americans have less than $500 in savings.And Walmart CEO Doug McMillon just made worrying comments about consumer behavior. From his recent speech at the Economi...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market and reviews his favorite copper stock.U.S. Dollar Index futures are up 0.27% to 103.165, while the 10-year bond yield is up 0.28% to 4.293%, but the 30-year bond yield is down 0.04% to 4.577%.Gold (+0.22%) and copper (+0.68%) are up, while silver (-0.60%) and oil (-0.21%) are down.The DJIA futures (+0.03%...Read More
John Newell of John Newell & Associates shares his thoughts on the copper market and one stock he believes stands to benefit.Copper, often referred to as "Dr. Copper" for its historical ability to reflect global economic health, has been on a steady upward trend. As the foundation of electrification, electric vehicles (EVs), renewable energy, and critical infrastructure, copper demand is surging a...Read More
Vox Royalty Corp. (VOXR:TSX; VOXR:NASDAQ) is updating shareholders on recent developments from royalty partners, and its board of directors has approved the renewal of a share repurchase program. Find out why an expert calls the stock "the #1 royalty play to own for this bull market."Vox Royalty Corp. (VOXR:TSX; VOXR:NASDAQ) is updating shareholders on recent developments from several royalty part...Read More
Cabral Gold Inc. (CBR:TSX.V; CBGZF:OTCMKTS) announced results from surface trenches and drill holes at the Machichie Main gold deposit in the Cuiu Cuiu gold district of Brazil. Find out why some analysts believe the company is an attractive acquisition target.Cabral Gold Inc. (CBR:TSX.V; CBGZF:OTCMKTS) announced results from two surface trenches and eight reverse circulation (RC) drill holes at th...Read More
Michael Ballanger of GGM Advisory Inc. shares how he thinks gold is in a mania phase, with silver close behind.U.S. Dollar Index futures are up 0.11% to 103.120, while the 10-year bond yield is up 0.37% to 4.322% and the 30-year bond yield is up 0.43% to 4.619%.Gold (+0.88%), silver (+1.22%), copper (+0.28%), and oil (+1.14%) are all up.The DJIA futures (-0.10%) are lower by 41.0 points, while the...Read More
This Outperform-rated explorer-developer owns and is advancing "one of the best undeveloped silver projects not held by a producer," noted a Raymond James report.AbraSilver Resource Corp. (ABRA:TSX; ABBRF:OTCQX) caught the attention of Raymond James Analyst Craig Stanley, who initiated coverage on it with an Outperform rating and a CA$5 per share target price, he reported in a Feb. 20 research not...Read More
Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCQB; LLJA:FSE) has an updated resource estimate that shows significant growth at its Iberian Belt West project. With a new deposit added and higher metal recoveries, the project's potential keeps expanding.Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCQB; LLJA:FSE) has announced an updated independent mineral resource estimate (MRE) for its wholly owned I...Read More
Technical Analyst Clive Maund explains why he believes Denarius Metals Corp. (DMET:CBOE; DNRSF:OTCMKTS) is an Immediate Strong Buy.There are several important reasons for liking Denarius Metals Corp. (DMET:CBOE; DNRSF:OTCMKTS) here. It is a rare earth metals company with four projects in relatively safe jurisdictions: three in Spain and one in Columbia, with two of the projects due to go into prod...Read More
Not long ago, I had lunch with someone who currently has over $100 billion (yes, billion with a "b") outstanding on capital projects.Through his contracts and spending power, this guy buys steel by the tens of thousands of tons. Along the way, he moves aluminum and copper markets. Beyond basic metals, he procures train cars filled with machinery, electrical equipment and much else.Indeed, this man...Read More
Of greatest interest to us among Donald Trump's long list was his promise to balance the budget."And in the near future, I want to do what has not been done in 24 years: balance the federal budget...We are going to balance it."Many are the minor issues, imbecilities and annoyances of modern American government. But a $36 trillion debt is something else. If we don't stop the smoke; we'll see the fl...Read More
John Newell of John Newell & Associates answers the question: is silver poised for a dramatic move higher?A Case for Silver's RiseSilver has long been a precious metal that plays a dual role: a store of value and an industrial commodity. With recent economic trends and historical patterns, the case for a significant price increase in silver is becoming more compelling.Below, we outline key fundame...Read More
Michael Ballanger of GGM Advisory Inc. takes a look at gold, silver, and copper amid political shifts in the U.S. and shares two of his favorite junior developers.This is a week that shall go down in the annals of history, the week that a "barbarous relic" under the guise of a "pet rock" took its rightful seat on the throne of superior performance, bludgeoning the wailing anchors of CNBC into actu...Read More
Vox Royalty Corp. (VOXR:TSX; VOXR:NASDAQ) is updating shareholders on recent developments from royalty partners, and its board of directors has approved the renewal of a share repurchase program. Find out why an expert calls the stock "the #1 royalty play to own for this bull market."Vox Royalty Corp. (VOXR:TSX; VOXR:NASDAQ) is updating shareholders on recent developments from several royalty part...Read More
Nicola Mining Inc.'s (NIM:TSX.V) final permit approval clears the way for a 10,000-tonne gold and silver bulk sample at Dominion Creek. With extraction set to begin in July, investors are watching what's next.Nicola Mining Inc. (NIM:TSX.V) has secured the final permit required to complete a bulk sample at its Dominion Creek mineral project, a high-grade gold and silver deposit in which the company...Read More
Giant Mining Corp.'s (CSE: BFG; OTC:BFGFF; FWB:YW5) final site preparations are underway for its March drill program at Majuba Hill. With copper prices surging and a supply crunch looming, all eyes are on the results to come.Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) has announced the commencement of final site preparations ahead of its March 2025 drill program at the Majuba Hill Porphyry C...Read More