The Meb Faber Show, Released on 10/12/22In today's episode, Jim gives us his take on the global markets today. We touch on inflation, commodities, central banks, and why he believes the next recession will be the worst in his lifetime. Jim also shares what countries he's bullish on, and some of the names may make you a little queasy. Jim Rogers co-founded the Quantum Fund with George Soros in 1973...Read More
Daily Reckoning, Released on 10/12/22The paper market is highly vulnerable to price manipulation, and there's been goldContinue... Rickards: The Paper Gold Price Is Rigged! added by Herman James on 10/14/2022View all posts by Herman James ?+'Read More
Schiff Gold, Released on 10/12/22Under the proposed law, the US Treasury and the Federal Reserve would have 30 months to publicly disclose all gold holdingsContinue... Bill Introduced in Congress to Put the US Back on a Gold Standard added by Herman James on 10/14/2022View all posts by Herman James ?+'Read More
Fresh inflation data is to be releasedtomorrow. While it may trigger daily fluctuations, the precious metals’medium-term fundamentals remain bearish.Stuck in ReverseWhile risk assetsattempted a daily rally on Oct. 11, Bank of England (BOE) Governor AndrewBailey spoiled the party with his hawkish warning to U.K. pension funds. Afterrestarting QE to curb the rapid rise in U.K. interest rates,...Read More
The latest reports from S&P Global Commodity Insights confirm an overall downward trend, with the market intelligence firm's Pipeline Activity Index (PAI) falling to a 20-month low in August.In its State of the Market Q2 report, S&P said the downtrend has been roughly correlated with a steady downtrend in mining equities since March."We anticipate exploration activity levels to continue cooling in...Read More
Collective Mining (TSXV: CNL; US-OTC: CNLMF) shares rose almost 10% Wednesday as the company announced the "most cumulative mineralization in drill holes completed to date" in the high-grade, copper-gold-silver porphyry-related Main Breccia discovery at its Guayabales project in Colombia.Guayabales is located in the historic Colombian gold mining department of Caldas, about 300 km inland from Barr...Read More
Thesis Gold (TSXV: TAU; OTC: THSGF) says the first metallurgical tests on samples from its Ranch project in north-central British Columbia's Golden Horseshoe have a gold recovery rate of between 90% and 98%. The company believes the property could produce high-grade gold concentrates using low-cost conventional extraction methods.The tests were carried out on composite core samples from the Bonanz...Read More
Uranium Energy (NYSE: UEC) has agreed to purchase 100% of the Roughrider project for $150 million from Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO). Rio will receive $80 million in cash and $70 million in Uranium Energy stock.The Roughrider uranium project is located 13 km west of the McClean Lake uranium mill, about 750 km north of Saskatoon, Sask. It has a historic resource of 58 million lb. uraniu...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is investing up to $515 million over the next eight years to decarbonize its Fer et Titane (RTFT) operations in Sorel-Tracy, Que. and to help diversify its critical minerals portfolio, while the federal government will contribute up to $222 million to the initiatives.The partnership, worth up to $737 million will support innovations to reduce by up to 70%...Read More
Gatos Silver (NYSE, TSX: GATO) is coming off its best ever quarter of production, with the 70%-owned Cerro Los Gatos mine in Mexico producing a record 2.7 million oz. of silver for the three months ended September 30, a 59% increase over the third quarter of 2021.Zinc production of 17.8 million lb. and lead production of 12.2 million lb. were also record highs, up 32% and 13% respectively from th...Read More
The Felder Report (via Dollar Collapse), Released on 10/12/22Even after their correction over the past few months, commodities have been one of the best-performing asset Continue... Jesse Felder: A Generational Opportunity In Commodities added by Herman James on 10/15/2022View all posts by Herman James ?+'Read More
Fresh inflation data is to be releasedtomorrow. While it may trigger daily fluctuations, the precious metals’medium-term fundamentals remain bearish.Stuck in ReverseWhile risk assetsattempted a daily rally on Oct. 11, Bank of England (BOE) Governor AndrewBailey spoiled the party with his hawkish warning to U.K. pension funds. Afterrestarting QE to curb the rapid rise in U.K. interest rates,...Read More
In the spirit of the October month, I want to tell you a story about a haunted castle in West Virginia.It's called the Berkeley Springs Castle.And as far as it being haunted... well, I don't know if the castle is haunted by ghosts or a poltergeist like in the movies.But I think by the end of this you'll agree the story of the Berkeley Springs Castle is haunting itself. And I promise there's an inv...Read More
Former students of the Yale School of the Environment catalog current research on restoration techniques after surface gold mining and suggest more research is needed to determine best practices in the area.Read full newsRead More
Social-media giant Facebook will showcase its new mixed-reality headset on Oct. 11. But something else is key to its resurgence.Read full newsRead More
Although gold cooled by nearly 3%, it was enough to beat U.S. Treasury and corporate bonds, domestic and oversea stocks, commodities and Bitcoin. In the bloodbath that was September, gold's traditional role as a diversifier and haven was clear to see.Read full newsRead More
South Africa's decline as a gold producer will accelerate without policy and administrative overhaul.Read full newsRead More
Illegal airstrips, toxic mercury ponds and forest-wrecking heavy machinery have proliferated as prospecting for gold on Indigenous lands and other protected areas has exploded in recent yearsRead full newsRead More