Cycles surround us. In markets, astronomy, and our lives.Every day is a circadian cycle for us all. Our bodies move through phases based on our exposure to light or darkness.Markets are also remarkably cyclical, responding to the environment around them. Interest rates, regulation, monetary policy and investor psychology all play important roles.Precious metals are no different. The sector’s...Read More
EarthLabs (TSXV: SPOT; US-OTC: SPOFF) has released a new episode of its flagship series EarthLabs Expeditions, offering an up-close look at West Red Lake Gold Mines (TSXV: WRLG, US-OTC: WRLGF) at a pivotal moment in the company's growth.The episode marks a return to northern Ontario where West Red Lake Gold finished its bulk sample program and conducted a first gold pour from the revitalized Madse...Read More
Rio Tinto's (NYSE, LSE, ASX: RIO) departing CEO Jakob Stausholm says he hasn't fallen out with chairman Dominic Barton despite Reuters citing unnamed company officials to the contrary. Management and board remained "absolutely aligned" on the company's values, strategy and performance assessment, Stausholm said Friday, according to Australian media. His successor could "very well be" an internal c...Read More
Our friend and colleague Jim Rickards has the energy and drive of a 20-year old. I try to read everything he writes, and watch all his media appearances. But sometimes a gem slips through the cracks.Two months ago, Jim was featured on Daniela Cambone's Youtube show. This was a gem, and luckily a reader alerted us to it.The provocative title is "Jim Rickards: Is the Gold Gone? Did the U.S. Treasury...Read More
Allied Gold (TSX: AAUC; US-OTC: AAUCF) is set to begin trading on the New York Stock Exchange starting Monday after obtaining all regulatory approval. The stock will trade under the ticker symbol "AAUC" the same as its Toronto-listed shares.The NYSE listing approval "represents a significant milestone" that reflects the continued growth of Allied's business, the company said in a news release th...Read More
Silver is getting its shine on, with the price reaching $35.64 an oz. on Thursday - a 13-year high after a 24% increase since Jan. 1 and rivalling gold's 29% gain.However, unlike gold, silver benefits not only from a surge in investments into safer assets during times of uncertainty, but also upturns in economic outlook given the metal's use in industrial applications.The Silver Institute forecast...Read More
Generation Mining (TSX: GENM, US-OTC: GENMF) shares nearly hit a two-year high Friday as it spotlighted Ontario government support for its $990-million capex Marathon copper-palladium project.Located 300 km east of Thunder Bay, Marathon represents Canada's next shovel-ready critical minerals project after receiving its final construction permit last month. It would be one of North America's few pa...Read More
I was recently browsing through the Daily Reckoning archives and stumbled across a March 2013 piece by our long-time contributor Jeffrey Tucker.The article was titled "Bitcoin’s Moment", and BTC was trading at $93 at the time.Here's an excerpt:"Many people fear that Bitcoin is overpriced right now. This view is held even by people in the Bitcoin community who worry that a move from $15 to $9...Read More
Premier American Uranium (TSXV: PUR, US-OTC: PAUIF) agreed to buy Nuclear Fuels (CSE: NF; US-OTC: NFUNF) to create one of the largest U.S. uranium explorers. Nuclear Fuels stock soared.Nuclear Fuels shareholders will receive 0.33 of a common share of Premier American for each share held, the companies said Thursday in a joint statement. This implies a payment of about 43? per share, which would va...Read More
Orla Mining (TSX: OLA; NYSE: ORLA) shares soared to an all-time high after the company released an initial resource for its Camino Rojo deposit in central Mexico that outlines 3.9 million contained gold oz. grading 2.45 grams gold per tonne.The underground deposit hosts 50.1 million measured and indicated tonnes at 10.6 grams silver and 0.25% zinc for 17.05 million oz. silver and 278 million lb. z...Read More
Americans are taught in school that the Smoot-Hawley tariff legislation of 1930 greatly exacerbated the Great Depression and sent the world spinning off into a decade of debt deflation and economic contraction. This seems to make sense until we remember that the history of the United States over the past century was written largely by progressives. In fact, the Great Depression began in 1920 with...Read More
Marimaca Copper (TSX: MARI; ASX: MC2) has surged by double digits after announcing on Wednesday a $24.4-million (US$17.7-million) private placement to fund its feasibility-stage namesake project in Chile.The offering comprises approximately 5.31 million common shares priced at $4.60 per share, issued exclusively to institutional investors. Two of Marimaca's cornerstone shareholders, Assore Interna...Read More
Heightened state control of natural resources is sweeping across the globe as China limits critical mineral exports and the Trump administration fast-tracks projects. But nowhere is the concept more gripping and volatile than in the high-potential gold mining jurisdictions of West Africa and Latin America. Miners must re-evaluate risk and reward while they dodge ransom attempts and adjust to the...Read More
Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) reported high-grade assays from its Boumadine polymetallic project in Morocco while extending mineralization. The stock surged.Highlight hole BOU-DD25-509 in the Imariren strike zone cut 9.3 metres grading 2.18 grams gold per tonne, 62 grams silver, 1.5% zinc and 0.7% lead from 282.1 metres depth, Aya reported Thursday. In the same zone, hole BOU-DD25-50...Read More
A Malian court has postponed a ruling for a fourth time on whether to place Barrick Mining's (TSX: ABX; NYSE: B) Loulo-Gounkoto gold complex under provisional administration, delaying the hearing until June 12.The court has given no reasons for the delays. The government wants to take control of the mine that's been embroiled in a legal dispute with the West African nation over taxes and ownership...Read More
Shares of Lynas Rare Earths (ASX: LYC) soared nearly 13% on Thursday to their strongest level in more than two years amid concerns over China's export controls on rare earth elements.As the largest rare earth producer outside China, Lynas is poised to benefit from the global scramble for alternative suppliers. Shares in the Perth, Australia-based company closed at A$9.26 (C$8.24) apiece in Sydney,...Read More
Wherever you are and whatever you're doing, I hope you have a Big, Beautiful Memorial Day weekend. The weather is what it is, so make the best of things. While banks and markets will be closed on Monday, with no regular mail delivery.It's always nice to have a three-day holiday but, at the risk of seeming preachy, don't forget everyone who works in stores and restaurants that remain open. That, an...Read More
Welcome to Trump's disruption world tour.If you think this is going to be quick?If you think this is going to be easy?Think again.If you think Trump cares about Wall Street?If you think Trump cares about the value of the U.S. Dollar?Maybe not.This is a total reboot of the world's monetary and trade order. Things are going to break.And at the risk of sounding like a broken golden record, there's an...Read More
Are we on the brink of an existential war between two nuclear-armed powers? I don't refer to the U.S. and China over Taiwan nor the U.S. and Russia over Ukraine. I'm referring to India and Pakistan. That's the most dangerous corner of the world today. And the answer to the existential question is yes.The immediate cause of the new war between India and Pakistan involving the disputed regions of Ja...Read More
When Barrick Gold took over Randgold in 2019, its marketing dropped Gold from the name to reflect wider interests like copper and appeal to new investors. But it didn't bother to change its registered moniker. Gradually, the Gold crept back in.Now, the Gold has been guillotined, like a statement Barrick Mining (TSX: ABX; NYSE: B) means business this time."Most of the gold companies sort of have gr...Read More