After nearly 7 years of consolidation and mostly sideways trading, the silver price is finally experiencing a powerful breakout. It did not take long after breaking above the psychologically-important $20 level for silver to climb another nearly 50% toward $30 per ounce.The silver price has since corrected by 11% to the current price of $26.40, but remains up more than 45% in three weeks. Remarkab...Read More
Company to discuss recent acquisition of Northern Panther Resource Corp. and appointment of Senior Mining Industry Professional Mr. George Bee as PresidentLOS ANGELES, CA / ACCESSWIRE / August 19, 2020 / U.S. Gold Corp. (NASDAQ:USAU) (the "Company"), a gold exploration and development company, today announced that it will be presenting at the 12th Annual LD 500 Conference on Tuesday, September 1,...Read More
Aug 21, 2020 Guest(s): Robert Kiyosaki Too many people have fallen into the trap of investing in U.S. Treasuries and putting their money in pensions, thinking that these assets are safe investments, said best-selling author Robert Kiyosaki. Kiyosaki referred to these assets as "fake money" and detailed how investors can differentiate between "real" and "fake" assets in his book "FAKE: Fake Mon...Read More
* Gold hits one-week high at $2,009.89/oz * Silver jumps as much as 3.5% * Interactive graphic tracking global spread of coronavirus:open in an external browser(Updates prices)By Eileen SorengAug 18 (Reuters) - Gold rose more than 1% on Tuesday toclimb back above the $2,000 level breached earlier this month,as the dollar hit a more than two-year low and investors awaiteddetails of the U.S. Federal...Read More
Jack ChanPosted Aug 17, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal. Short-term signals can last for days and weeks and are more suitable for traders.Our ratio is on SELL signal. The divergence as noted may have marked another top.$HUI broke resistance.Next major resistanc...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comAug 18, 2020 Please click here now. Double-click to enlarge this “recapture the good times” gold chart. Gold has recaptured the $2000 price marker, and there’s already a noticeable pattern of higher highs and higher lows from the low of the reaction.That’s bullish...Read More
GoldMining has assembled through acquisitions a multinational gold portfoliocomposed of 11.4 million ounces gold in the Measured & Indicated categories and 13.8 million ounces gold in the Inferred category and recently formed a royalty subsidiary that former Goldcorp CEO David Garofalo will head. Almaden projectGoldMining Inc.'s (GOLD:TSX; GLDLF:OTCQX) strategy is disciplined: buy resource-stage...Read More
Lion One Metals aims to better understand the orientation of the feeder structure. Gold veining on hole TUDDH500Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) finished diamond drilling hole TUDDH500 at its Tuvatu project on Fiji, received gravimetric fire assay results and started another hole, it announced in a news release.The British Columbia-based explorer drilled TUDDH500 to a depth of 863.4...Read More
Peter Krauth discusses Warren Buffett's big move into gold and discusses why the price of the metal is likely to climb much higher. Warren Buffett has long been known as one of the biggest gold-haters around. Yet in one move he's helped gold go mainstream.The "Oracle of Omaha's" about face could be the ultimate Buy Signal.For millions of investors, seeing Buffett dump banks while buying gold is l...Read More
Troilus Gold's recent project resource update and the company's undervaluation in the market are discussed in a Cormark Securities report. In a July 29 research report, Cormark Securities analyst Richard Gray reported that Troilus Gold Corp. (TLG:TSX; CHXMF:OTCQB) quickly grew the resource at its Troilus gold project in Quebec to 8.11 million ounces of gold equivalent (8.11 Moz Au eq) yet remains...Read More
Today, if gold had the same kind ofperformance as the Dow since around the creation of the Federal Reserve in1913, then it would have topped out at around $7 758 [(29568/78.78)*20.67].Yet, it only has an all-time high of about $2 089.In 1973 gold was in a similar type ofposition. The Dow had peaked at 1067.2 (in Jan 1973), which represented aX13.55 (1067.2/78.78) since 1913. If gold had scored a s...Read More
Aug 20, 2020 Guest(s): Gerald Celente Publisher, The Trends Journal The stock market does not reflect the economic reality, and this overdue correction can be expected as soon as this fall, said Gerald Celente, publisher of The Trends Journal."I believe, September or October, we're going to see the markets unravelling the way they should. There's actually no reason for them to be going up, only...Read More
Troilus Gold's resource update and the factors behind it are covered in a Laurentian Securities report. Troilus GoldIn a July 29 research note, Laurentian Bank Securities analyst Jacques Wortman reported that Troilus Gold Corp. (TLG:TSX; CHXMF:OTCQB) announced a new resource estimate for its Troilus project and, afterward, held a technical session.Wortman described the update as "positive in term...Read More
The story of how an inner city liquor store grew its business serves as an example of what sector expert Michael Ballanger calls " a compelling revelation of 'academics versus practicality.'" In watching the travesty of disinformation, misinformation and moral hazard formation ongoing in the global financial markets, I am immediately reminded of a case study from my university days of which I was...Read More
Troilus Gold's updated resource and its leverage to the gold price are discussed in a Canaccord Genuity report. In a July 29 research note, analyst Tom Gallo reported that Canaccord Genuity raised its target price on Troilus Gold Corp. (TLG:TSX; CHXMF:OTCQB) after the explorer released an updated Troilus project resource and after the financial services firm applied a revised gold price of CA$2,0...Read More
This system, on X-Terra Resources' property, correlates with historical, undrilled electromagnetic anomalies, the company noted. X-Terra Resources Inc. (XTT:TSX.V; XTRRF:OTCMKTS; XTR:FSE) identified a new mineralized system at its Troilus East project in Northern Quebec and near the former Troilus open pit, it announced in a news release.During its initial prospecting of Troilus East, Quebec-base...Read More
Gold Standard Ventures will use the proceeds from common share sales it makes through the program to advance its flagship project in Nevada. Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) announced in a news release it created an at-the-market (ATM) equity program.Under the new program, developed with the assistance of BMO Capital Markets, the gold explorer and developer plans to issue up to...Read More
Irving Resources states drilling provides "solid confirmation a significant precious metal vein system underlies the Nanko target." In a news release, Irving Resources Inc. (IRV:CSE; IRVRF:OTCMKTS) announced that the first two holes drilled in the Nanko target at the Omui mine site of its Omu gold project in Japan indicate the presence of a strong mineralizing system."We now have solid confirmati...Read More
GoldMining states the new member brings to Gold Royalty extensive experience with financings and investments in the mining space. GoldMining Inc. (GOLD:TSX; GLDLF:OTCQX) announced in a news release that Warren Gilman joined the board of directors of its subsidiary, Gold Royalty Corp. "With his 30 years of experience as a deal maker and investor in the metals and mining sector, Warren will be an i...Read More
Shares of Comstock Mining reached a new 52-week high today after the firm reported positive Q2/20 financial and operating results highlighting debt restructuring, non-mining asset sales and a new mercury remediation venture. Underground mine stock photoComstock Mining Inc. (LODE:NYSE.MKT) today announced that it filed its Form 10-Q quarterly report last week and reported selected strategic and fi...Read More