The model for mineral exploration no longer works, this company says, and its machine learning and artificial intelligence (AI) tools can quickly identify high-grade opportunities and give geologists better big picture views of what's under the surface.Durendal Resources Inc. says the model for mineral exploration no longer works and its machine learning and artificial intelligence (AI) tools can...Read More
When you’re considering investing in precious metals, you are confronted with many options. Silver or gold? Bars or coins? And what in the world is an ETF?Understanding the differences between an ETF and physical gold and silver is an important first step in the journey to precious metals investing.ETF is an acronym for “Exchange Traded Fund.” In simplest terms, an ETF represents...Read More
The operator of Infinitum Copper Corp.'s Hot Breccia project in Arizona has engaged a company that uses artificial intelligence (AI) to optimize drill planning.Infinitum Copper Corp. (INFI:TSX) said the operator of its Hot Breccia project in Arizona has engaged a company that uses artificial intelligence (AI) to optimize drill planning.Operator Prismo Metals Inc. is working with ExploreTech Inc. f...Read More
This week investors are witnessing a historic move in gold prices. The precious metal finally broke above a longstanding overhead resistance level to reach new all-time highs.On Thursday, gold closed at $2,170 per ounce – its highest level since…well, since records have been kept.As of this Friday recording, gold checks in at $2,203 an ounce on the heels of a 5.2% advance on the week...Read More
Finally, gold breaks out as it has been very frustrating for precious metal investors. Oil also went over my $80 target this week but could not close above $80. Nevertheless, Ron Struthers of Struthers' Resource Stock Reports believes the chart shows a solid up trend (blue) with resistance at that $80 level and a breakthrough that would mean a test of $85. He shares seven reasons gold broke out an...Read More
While gold may have been a hit at PDAC, copper seems to reign supreme, and Michael Ballanger of GGM Advisory Inc. shares two copper stocks he thinks are worth your attention. The USD Index is continuing its lower trajectory today after Fed Chairman Jerome Powell's testimony before Congressional leaders offered a somewhat dove-ish bent, which is just what the bond and stock markets love to hear.Whi...Read More
LONDON, 8 March 2024 - Analysis from BullionVault is quoted today in a report from personal investment news and data site Benzinga on the split between global gold prices and Western gold investment flows."Central-bank demand for the precious metal remains historically strong, and that's clearly helping drive up the gold price as sovereign nations favor the precious metal as a safe haven against t...Read More
Never before have so many... owed so much... to so few.We refer not to Mr. Churchill's hosannas to the Royal Air Force concerning 1940's Battle of Britain.We refer instead to the 2024 Battle of Bulls and Bears... to the stock market.Never have so many investors owed so much of their money to so few stocks.That is because a mere spoonful of stocks are hauling stocks to record heights.These stocks...Read More
LONDON, 8 March 2024 - Data and analysis from BullionVault is posted today by German personal finance site CashOnline.Now caring for 2.9 billion of vaulted gold for over 100,000 private investors worldwide, BullionVault explains how Western investors continue to stay away from gold bullion, taking profits overall as a group, in the face of record gold prices and high interest rates on cash in the...Read More
At some point, systems flip from being complicated, which is a challenge to manage, to being complex. Complexity is more than a challenge because it opens the door to all kinds of unexpected crashes and events.Their behavior cannot be reduced to their component parts. It's as if they take on a life of their own.Complexity theory has four main pillars. The first is the diversity of actors. You've g...Read More
Dominic Frisby of The Flying Frisby takes a look at Bitcoin, as well as one gold stock believes is worth keeping an eye on. Bitcoin has gone bananas. I'm sure you heard. There were new all-time highs yesterday, albeit briefly.Here is a stat to get you salivating: the time it took for Bitcoin to double following previous all-time highs:Dec 2020: 18 days.March 2017: 84 days.Nov 2013: 10 days.March 2...Read More
LONDON, 7 March 2024 - Japanese financial news site Quick, part of the Nikkei group of services, today carries BullionVault comment and analysis of the sudden surge in gold prices."While the jump in gold prices began with Friday's surge in Comex trading," says the report, quoting BullionVault, "Monday's new record high price in Shanghai shows the strength of physical demand in gold's No.1 consumer...Read More
Barry Dawes of Martin Place Securities shares his thoughts on the current state of gold, silver, nickel, cobalt, and palladium and explains why he believes silver is breaking out and palladium is ready to skyrocket.Gold makes another new closing high in US$, and much higher prices are coming.Gold is surging in all major currencies.Silver is breaking out, and palladium is readying to rocket higherK...Read More
LONDON, 7 March 2024 - The latest Gold Investor Index data and comment from BullionVault features today in Manager Magazin, the monthly business magazine for professional decision-makers and executives in Germany.Part of the Speigel group of publications, and with a paid circulation of 100,000 copies, "Investors living in Germany have now sold 4.1% of the gold they had purchased in the past ten ye...Read More
This company announced it has sent rare earth element (REE) samples to two major REE companies, just as one expert says there may be an opening for Western companies to compete in the space with China.Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) announced it has sent samples of mixed rare earth carbonate (MREC) to two major rare earth element (REE) companies.The samples, generated by SG...Read More
Dolly Varden Silver Corp. announced a CA$15 million bought-deal charitable public offering that is expected to include participation from mining financier Eric Sprott. Find out why one writer said the company should change its name to add gold.Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) announced a CA$15 million bought-deal charitable public offering that is expected to include participation...Read More
It's bad enough that Joe Biden is the worst president in US history.That Antony Blinken is a terrible Secretary of State makes matters worse. Secretary of Defense Lloyd Austin can't be bothered to clock in nowadays. Attorney General Merrick Garland leaves no impression he'd have been a great SCOTUS justice, seeing his Department of Justice isn't worthy of its name. And due in no small part to Nati...Read More
MAG Silver Corp. announces preliminary 2024 guidance for its new high-grade Juanicipio mine in Mexico. Find out why one analyst is "impressed" by the performance.MAG Silver Corp. (MAG:TSX; MAG:NYSE American) has announced preliminary 2024 guidance for its new high-grade Juanicipio mine in Mexico.Project operator and joint mine owner Fresnillo Plc reported the silver head grade at the project is ex...Read More
Although my focus is on markets rather than politics, it's impossible to forecast markets without understanding what's going on in the political realm. While there are important Senate and House races this year, all eyes are focused on the presidential race likely (as of now) to be between Joe Biden and Donald Trump.A Trump vs. Biden (if he makes it) replay of the 2020 election could be close and...Read More
“Democracy never lasts long,” warned old Johnny Adams long ago.“It soon wastes, exhausts and murders itself,” Mr. Adams added.Your editor has himself stretched democracy upon his vivisection table... and upon examination discovered a deeply diseased patient.Its blood stagnates in pools. Its liver reveals excessive alcoholic intake. Its brain manifests an advanced dementia.Y...Read More