This is expected to come on the heels of the Canadian silver producer resuming operations after a nearly three-month halt during Q3/23, noted a Red Cloud Securities report.Silver X Mining Corp. (AGX:TSX.V) released its Q3/23 financials and got a target price boost to CA$0.80 per share from CA$0.75 by Red Cloud Securities after it updated its valuation of the Canadian metals producer, reported mini...Read More
This company say is it has finished its Phase 2 of pit geotechnical drilling at its Wicheeda rare earth element project (REE) in British Columbia. Find out why so much of the world needs these elements.Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) announced it has finished its Phase 2 of pit geotechnical drilling at its Wicheeda rare earth element project (REE) in British Columbia.That d...Read More
Recently, Omai Gold Mines announced additional positive drill results from its Omai gold project, including high-grade intercepts at the SP exploration target, noted Atrium Research analysts Ben Pirie and Nicholas Cortellucci.Omai Gold Mines (TSXV:OMG) announced additional positive drill results from its Omai gold project, including high-grade intercepts at the SP exploration target, noted Atrium...Read More
As gold broke out to an all-time high and Bitcoin hit a 20-month high, McAlinden Research reviews current movements in the market and where its believes these are headed.On Sunday evening, spot gold prices surged to an all-time high north of $2,150. That capped a 16.5% rally since the start of the year. At the same time, the unit price of the world's largest cryptocurrency, Bitcoin (BTC), tapped $...Read More
LONDON, 6 December 2023 - Data, comment and analysis from BullionVault feature today at investment-management and family-office magazine Wealth Briefing, reporting on this week's gold-price spike to new record highs.Despite the price jump, and "apart from Asian central banks and Western hedge funds playing in the yellow metal, the bullish move in gold is not a crowded trade," says the magazine, qu...Read More
Michael Ballanger of GGM Advisory Inc. takes a look at current movements in the stock market and shares his thoughts on some stocks he believes are promising.This weekend, every blogger, newsletter writer, tweeter, and you-tuber is at their computers, hammering out linguistic or visionary "victory laps" over their ownership of gold and silver and the uncontested conquest of the bullion bank behemo...Read More
Silver X Mining Corp. has released the results after it's Nueva Recuperada mine restart. Read on to see why analysts think this company has a possible 240% return.Silver X Mining Corp. (AGX:TSX.V) has announced its Q3 2023 results for the Nueva Recuperada project in a press release. The company reported a number of highlights from the project, located in Peru, including the relaunch of mining oper...Read More
Do you own a 401(k) retirement account? Do you own an Individual Retirement Account (IRA)?Gobs of Americans own either or both oftentimes both.Let us assume you are among them.How well have these retirement accounts done you these past 2 1/2 years?How much have they expanded your wealth?Here we refer not to nominal wealth but to "real wealth."That is, nominal wealth subtracted by the inflation...Read More
Are gold prices and interest rates joined at the hip? Based on recent market action, it would appear the answer is: yes.A major rally in gold is now underway. Gold moved from $1,831 per ounce on Oct. 6 to $2,091 per ounce on Dec. 1, a 14.1% rally in just eight weeks and a new all-time high price for gold.Gold has pulled back to $2,037 as of today, but that's not surprising given its previous surge...Read More
Defense Metals Corp. recently filed a NI 43-101 MRE technical report for its Wicheeda Rare Earth Element Project, noted Noble Capital analyst Mark Reichman.Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) recently increased the resource estimate for its Wicheeda rare earth element project in Canada by 18% and continues working towards a preliminary feasibility study in 2024, noted Noble Cap...Read More
LONDON, 5 December 2023 - Comment and data from BullionVault feature today in national German newspaper FAZ, reporting on yesterday's spike in gold prices."New all-time highs were reached in terms of all major currencies with the exception of the Swiss Franc," says FAZ, quoting BullionVault."However, if you take into account the loss of purchasing power of the Dollar over the years, gold has been...Read More
Michael Ballanger of GGM Advisory Inc. shares four stocks that have holdings that are now at profitable levels. There is some daylight in the portfolio, with two of my four junior resource holdings now at profitable levels.Norseman Silver Inc. (NOC:TSX.V; NOCSF:OTCQB) closed at CA$0.13/US$0.096 on the week, and Western Uranium & Vanadium Corp. (WUC:CSE; WSTRF:OTCQX) closed at CA$1.62/US$1.20 on Fr...Read More
LONDON, 5 December 2023 - Comment from BullionVault features today in Swiss newspaper Blick, reporting on how the rising price of gold has spurred heavy profit-taking among private investors."Coin shops are flooded with customer sales," says the report, quoting BullionVault, "[whose] customers have sold 2.5 times as much gold as they bought in the last seven days."But just because the price of gol...Read More
Goldbugs, your time has come.Welcome to the Big Show!Gold futures have finally broken free of a choppy, four-year range to extend to new all-time highs.Today, I'll dig into gold's massive breakout. I'll show you how the move has developed, where gold's headed, and some important milestones to watch.But first, you need to see how choppy, post-pandemic trading has led to the biggest gold breakout we...Read More
Breaking News This base metals + gold and silver exploration company says it has submitted all of the documentation needed to support for an Exploitation (Mining) License for its project in Spain. Find out why one analyst rated the stock an immediate buy.Base metals + gold and silver exploration company Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCMKTS; LLJA:FSE) announced it has submitted all of...Read More
Recently, Dynacor Group Inc. announced it would be increasing its dividend by 16%. Read on to see why some analysts are optimistic about the company's stock.Due to robust third-quarter earnings results, Montreal, Canada-based Dynacor Group Inc.'s (DNG:TSX; D.N.G.D.F.:OTCMKTS) board of directors has recently approved a 16% increase in its monthly dividend, increasing to CA$0.14 from CA$0.12 per sha...Read More
Michael Ballanger of GGM Advisory Inc. takes a look at current movements in the stock market and shares his thoughts on some stocks he believes are promising.This weekend, every blogger, newsletter writer, tweeter, and you-tuber is at their computers, hammering out linguistic or visionary "victory laps" over their ownership of gold and silver and the uncontested conquest of the bullion bank behemo...Read More
As I'm sure you know by now, Henry Kissinger died last week at the age of 100. He leaves a complex legacy, which is certainly understandable because he operated in a complex geopolitical environment.But Henry Kissinger was a master strategist and political scientist. With his recent passing, I thought I'd retell the story of one of his most brilliant plans, and explain how it relates to the demise...Read More