We attended, recently, a large stadium event of several dozen thousand.Signs everywhere informed us that cash was worthless within its walls.Vendors would not take it aboard.If you wished to purchase a frankfurter or any other edible, you could only acquire it through digital means.The stern, dour visage of Abraham Lincoln and the $5 bill he adorns the frankfurter-peddler would not accept.Nor...Read More
In Beckett's play Waiting for Godot, two tramps, Vladimir and Estragon, spend their time waiting for the titular character. He never arrives.It feels like that with this recession. But according to my friend and colleague Jim Rickards, we're already in one.There's compelling evidence that Jim's correct.But where's the market crash we ordered? That looks like it's never coming. And that's a good th...Read More
SAF Group Managing Partner Brian Paes-Braga has been building companies for the past 10 years. Find out what drew him to Goldshore Resources Inc. (TSXV: GSHR; OTCQB: GSHRF ; FWB: 8X00) and its Moss Gold Project in Ontario.SAF Group Managing Partner Brian Paes-Braga has been involved as founder, chief executive officer, and strategic advisor in more than CA$1 billion in growth equity financings and...Read More
This is a second style of mineralization present at this exploration project in South Dakota, noted a Canaccord Genuity report.Dakota Gold Corp.'s (DC:NYSE American) new drill results from the Unionville zone at its Maitland project in South Dakota revealed "Tertiary bonus intercepts," reported Canaccord Genuity analyst Peter Bell in an Aug. 22 flash update."Dakota benefits from shallow Tertiary-a...Read More
The Aug. 5 mini-crash was a potent reminder to investors that stock markets aren't a one-way street.It wasn't the end of the world. Market indexes down 3.0% in a day is a big deal, but it bears no comparison to October 1929 when the stock market fell 21% over two days or October 1987 when the stock market fell 21% in one day.What caused the Aug. 5 mini-crash? There are several suspects. The employ...Read More
For this past-producing operation in Idaho, being advanced toward a restart, "permitting [is] potentially imminent," noted a Cantor Fitzgerald report.In a positive development for Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ), owner of the largest antimony reserve in the U.S., China will begin placing export controls on antimony starting Sept. 15, 2024, reported Cantor Fitzgerald analyst Mike K...Read More
This firm owns a gold-antimony mine in Idaho, on which a record of decision is expected by year-end, noted an H.C. Wainwright & Co. report.Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) "stands to benefit" from China's imminent export restrictions on antimony once the company's past-producing Stibnite mine comes online, reported H.C. Wainwright & Co. analyst Heiko Ihle in an Aug. 22 research not...Read More
LONDON, 24 August 2024 - Analysis from BullionVault features today in the latest gold-price report from Japan's news service JiJi Press."While lower interest rates will support gold's new record prices," the report quotes BullionVault director of research Adrian Ash, "the risk of economic recession plus today's continued geopolitical violence is likely to strengthen investor demand for bullion alo...Read More
Technical Analyst Clive Maund writes that Brixton Metals Corporation (BBB:TSX.V) is set for a marked shift in sentiment that will set up a breakout driving a strong initial rally.Apart from some wild tradable gyrations that were more in its distant past, this looks like the best time ever to buy Brixton Metals Corporation (BBB:TSX.V) for two big reasons. One is that, after trading at ever lower le...Read More
This is one of four key points Hannam & Partners makes about the gold-silver project based on its site visit, the investment bank noted in a report.Thesis Gold Inc. (TAU:TSXV; THSGF:OTCQX; A3EP87:WKN) hosted Hannam & Partners at its Lawyers-Ranch gold-silver project in British Columbia on Aug. 13, and the analysts shared their takeaways in an Aug. 18 research note."We expect the shares to rerate a...Read More
Dakota Gold Corp. (DC:NYSE American) says new drilling results have expanded the areas of continuous Tertiary epithermal gold mineralization in the historic Homestake District of South Dakota. The company said the system could reach as far as several kilometers.Dakota Gold Corp. (DC:NYSE American) announced that new drilling results have expanded the areas of continuous Tertiary epithermal gold mi...Read More
Industrial demand for silver has been surging in recent years. Solar panel manufacturers were largely behind the 11% jump in demand for 2023 versus the prior year. Forecasters predict another 9% jump this year.For silver investors, however, the future of demand from manufacturers may be even brighter than the recent past.The solar industry has been behind much of the growing appetite for silver. D...Read More
The mid-tier and juniorgold miners in this sector’s sweet spot for upside potential just finishedreporting truly-spectacular quarterly results. Fueled by dazzling record gold prices and lower mining costs, smallergold miners’ unit earnings skyrocketed to their highest levels ever. Those incredibly-rich profits have left mid-tierseven more undervalued relative to prevailing g...Read More
Barry Dawes of Martin Place Securities takes a look at the current price of gold and shares three gold stocks.It seems that gold didn't want to wait until September for this breakout.The series of 1-2, 1-2, 1-2 steps (two more minor steps already in August) is leading to that wave 3 take off.This breakout should lead to a major takeoff. The next stop is US$2800.Friday's US$51 rise is a good indica...Read More
As the richest nation and the world’s largest economy, it is hardly a surprise that the United States holds the most gold.What is surprising is where the gold isn’t: the United States Federal Reserve, known colloquially as the central bank.Mainstream media dutifully reports that the American central bank is number one out of the top 10 gold depositories in the world. Its 8,133 metric t...Read More
China's recent announcement to limit antimony exports has sparked significant concerns across global markets, particularly in the U.S. and Europe. Read on to find out howPerpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) could benefit from this news.China's recent announcement to limit antimony exports has sparked significant concerns across global markets, particularly in the U.S. and Europe. The e...Read More
Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) has successfully completed its second core drill hole, MHB-31, at the Majuba Hill Porphyry Copper Deposit in Pershing County, Nevada. Read the company's reaction to this achievement and their plans to follow it up.Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) has successfully completed its second core drill hole, MHB-31, at the Majuba Hill Porp...Read More
Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCQB; LLJA:FSE) announced the discovery of new mineralized gossans at its wholly-owned Nuevo Tintillo project in the Iberian Pyrite Belt, Spain. Read the CEO's comments about the meaning of this significant discovery.Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCQB; LLJA:FSE) announced the discovery of new mineralized gossans at its wholly-owned Nuevo Ti...Read More
While Michael Ballanger of GGM Advisory Inc. awaits Chairman Powell's speech on Friday, he shares one stock he believes is a Buy.USD Index futures are rallying modestly (+0.49%), with bond yields flat. Gold (+0.01%), silver (+0.58%), copper (+0.031%), and crude oil (+0.30%) are all slightly higher.Stock index futures are up (+0.09-0.19%), but risk barometer Bitcoin is down $1,228 (-2.03%) to $59,3...Read More