Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market, and explains why he believes investors should stay focused on goldandcopper.47 years ago, when I was training to become a crackerjack peddler of securities, I befriended a senior trader ("Jimmie") who dealt with some of the biggest names in the Bay Street institutional community. He had received his trai...Read More
Sienna Resources Inc. (SIE.V:TSXV; SNNAF:OTC; A1XCQ0:SWB) has significantly expanded its holdings in the Stonesthrow Gold Project in Saskatchewan. Read on to learn what this means for its future plans.Sienna Resources Inc. (SIE.V:TSXV; SNNAF:OTC; A1XCQ0:SWB) has significantly expanded its holdings in the Stonesthrow Gold Project in Saskatchewan. The company now controls approximately 18,350 contig...Read More
Technical Analyst Clive Maund explains why he believes silver is now in buying territory againIt now looks like silver has completed a classic 3-wave correction from its May highs, following its strong advance in the Spring. On its latest 6-month chart, we can see that it appears to be conforming to a classic Elliott wave pattern, which consists of 5 waves up in the direction of the primary trend,...Read More
The event further clears the path toward a partnership on this US$7 billion asset in British Columbia, noted an RBC Capital Markets report.Seabridge Gold Inc.'s (SEA:TSX; SA:NYSE.MKT) KSM project in British Columbia (B.C.) was deemed "substantially started" by the provincial government, an achievement toward which the company spent significant resources, reported RBC Capital Markets analyst Michae...Read More
Now the explorer is ready to "secure a large-cap joint venture partner on attractive terms,"noted a Cantor Fitzgerald report.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) was granted the "substantially started" designation for its KSM gold-copper project, from the provincial government of British Columbia, well in advance of the July 2026 deadline, reported Cantor Fitzgerald analyst Mike Kozak in a J...Read More
MAG Silver Corp. (MAG:TSX; MAG:NYSE American) announced it processed 336,593 tonnes of ore through its Juanicipio joint venture (JV) with Fresnillo Plc. in Mexico in the second quarter, building on its daily milling rates. See how the news affected one analyst's target price for the stock.MAG Silver Corp. (MAG:TSX; MAG:NYSE American) announced it processed 336,593 tonnes of ore through its Juanici...Read More
Silver Crown Royalties Inc. (SCRI:CBOE) announced its common shares are now listed for trading on the Cboe Canada stock exchange, marking a significant milestone for the company. Read on to find out how this listing enhances its visibility and supports its strategic ambitions.Silver Crown Royalties Inc. (SCRI:CBOE) announced yesterday that its common shares are now listed for trading on the Cboe C...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 28 points at 8:30 AM EDT.Abbott Labs dropped $6.40 to $98.84 after losing litigation on its infant formula. Alibaba added $2.17 to $78.70 after reports that the company has raised fees.McDonald's added $2.25 to $254.25 despite reporting lower than consensus second quarter revenues and earnings. The company extended its...Read More
Are we going to be reliving the 1970s? Perhaps we will experience the stagflation of the 1970s in this decade, as financial excesses are worked out and monumental investments to retool our industrial base and infrastructure place a drag on productivity and profits. There is substantial logic in that scenario.As the charts below illustrate, stagflation also crushed the stock market’s speculat...Read More
We all just watched a new, dark chapter of American history unfold, with more to come, no doubt. Shamelessly, the Empire of Lies showed us the raw, rancid stuff of which it is made, and the ugliness of the spectacle is beyond appalling.Maybe you're trying to process the recent, midnight defenestration of President Joe Biden by power players within the Democratic Party. That, and the backroom, rigg...Read More
U.S. Ambassador Geoffrey Pyatt, Assistant Secretary of State for Energy Resources, visits Atlas Lithium's corporate office in Brazil. Find out why lithium and other minerals are so critical to the U.S. and important to the energy transition.A recent visit by U.S. Ambassador Geoffrey Pyatt, Assistant Secretary of State for Energy Resources, to Atlas Lithium Corp.'s (ATLX:NASDAQ) corporate office in...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market and the recent news that BHP/Lundin big CA$4.1 billion for Filo Mining Corp. (FLMMF:OTCMKTS; FIL:TSX).USD index futures are up slightly with 10-yr. and 30-yr. bond yields lower. Gold (+0.23%) and silver (+0.19%) are rallying slightly, while copper (-1.16%) and oil (-0.84%) are lower.Stock index futures ar...Read More
The country needs a domestic supplier of this semi-metal, whose price recently has spiked, noted a ROTH Capital Partners report.Perpetua Resources Corp.'s (PPTA:TSX; PPTA:NASDAQ) Stibnite gold-antimony project in Idaho "merits immediate attention and endorsement" by the U.S. federal government, purported ROTH Capital Partners Managing Director Mike Niehuser in a July 22 research note. He bases his...Read More
Dryden Gold Corp. (TSXV:DRY; OTC:DRYGF) announces details of its upcoming Phase 5 drilling program at the Gold Rock project, its strategic 60,000-hectare (ha) land package outside of Dryden, Ontario. Read why one analyst thinks its big backers make it a big value.Dryden Gold Corp. (TSXV:DRY; OTC:DRYGF) announced details of its upcoming Phase 5 drilling program at the Gold Rock project, its strateg...Read More
LONDON, 25 July 2024 - Market analysis from BullionVault leads the latest gold-price report on investment ratings and news-site Morningstar."It was actually China that hit the global gold price Thursday," says the report, first published by Dow Jones, quoting Adrian Ash, director of research at BullionVault.The overnight plunge in Shanghai's gold price "signals just how poor household demand for g...Read More
LONDON, 19 July 2024 - Expectations for US interest rates continue to determine short-term moves in the price of gold says BullionVault research chief Adrian Ash, quoted today by leading US financial news-site MarketWatch.Because gold prices today dropped alongside bonds and stocks, "short term, this is just a retreat in the Fed rates-cut trade," says Adrian.Read the full story at MarketWatch here...Read More
LONDON, 19 July 2024 - Analysis from BullionVault features today on UK personal finance site The Armchair Trader, looking at the prospects for gold prices in the 2nd half of 2024."Like stocks and bonds, gold just seems to want to go higher, and potentially for the same reason," says the report, pointing to market-wide expectations that central banks led by the US Fed are going to cut interest rate...Read More
LONDON, 17 July 2024 - Comment from BullionVault today leads the latest gold-market update from global financial news services, Dow Jones Newswires."Like stocks and bonds, gold just wants to go higher, and for the same reason," the report quotes Adrian Ash, director of research at BullionVault."The US Federal Reserve is finally preparing to cut rates because it believes it's got inflation beat."Re...Read More
For details on how your data is used and stored, see our Privacy Notice. Copper has often been important for technological progress. It was copper cladding for sailing ships’ hulls that led to dramatic improvements in speed, manoeuvrability and durability in the late 18th and early 19th centuries. That history continues in the modern era: copper is one of the critical metals &ndash...Read More