Silver is on the move again, and the market is in untested waters...by Chris Marcus of Arcadia Economics7.5 million ounces of silver leaves COMEX in 2 daysSilver is on the move again, as more 7.5 million ounces have left the registered category in the COMEX in just the last 2 days.There are still 72.5 million ounces of silver remaining in the COMEX ?s registered category. Although it is worth noti...Read More
COVID-19-related issues and a shortage of manpower in 2021 at its Gold Bar operations in Nevada, USA and Fox in Ontario, Canada added to a previous litany of woes which have included fire, equipmentRead More
Having brushed aside requests from the incoming administration of president Gabriel Boric to suspend the tender process, the Pinera government awarded parcels totalling 160,000 tonnes of lithiumRead More
Workers decided it was their turn to take to the streets to protest at the inability of the government to help find a solution to the social conflicts which have dogged the mine since it beganRead More
U.S. equity index futures were lower this morning. S&P 500 futures were down 20 points in pre-opening trade. Index futures recovered slightly following release of the U.S. May Employment Report at 8:30 AM EDT. May Non-farm Payrolls were expected to drop to 310,000 jobs from 428,000 jobs in April. Actual was 390,000 jobs. May Unemployment Rate was expected to remain at 3.6% set in April. Actual...Read More
Have a look at the shock on people's faces as they leave the grocery stores these days, or the look as they stand filling up their tanks at the gas station. Their jaws drop and they wonder what is happening to the world.The answer is the policy disasters of the last two years. The bill is coming due and everyone but the masters of the universe is paying it. The value of the dollar is sinking rapid...Read More
There's already one going on in Ukraine. But did President Biden just increase the chances of another shooting war, this one with China? Let's get started, first in Ukraine...Russia's assault is slow and brutal, but it is proving effective in achieving Russia's goals.Those objectives include building a land bridge from Russian territory to Crimea (and possibly beyond to Odessa), cutting Ukraine of...Read More
What are the benefits of a cheap currency relative to the currencies of major trading partners? The answer depends on whether you are considering political benefits or economic benefits.The political benefits are obvious and explain why currency wars (the act of cheapening your currency) have broken out periodically over the past 100 years. A cheaper currency makes your exports cheaper from the pe...Read More
When I wrote the book The Long Emergency nearly 20 years ago, I never thought that, once it got going, our government would work so hard to make it worse. My theory then was just that government would become increasingly bloated, ineffectual, impotent and uncomprehending of the forces converging to undermine our advanced techno-industrial societies.What I didn't imagine was that government would b...Read More
All you hear about in the media is how many Russian soldiers are being killed and how much Russian equipment is being destroyed. Videos are everywhere depicting Russian tanks being destroyed.You never hear anything about Ukrainian military casualties or see any videos of Ukrainian tanks and other military equipment being destroyed. But rest assured, Ukraine has suffered heavy losses in its war wit...Read More
Tin producer Alphamin Resources (TSXV: AFM; US-OTC: AMFJF) has released an updated resource estimate for the Mpama South tin project in the Democratic Republic of Congo, highlighting a 46% increase in the inferred category based on assays from 22 additional extensional drill holes.The Mpama South inferred resource now stands at 4.99 million tonnes grading 2.5% tin for 124,700 tonnes of contained t...Read More
Shares of NevGold (TSXV: NAU) reached their highest value in nearly a month as the company released its latest drill results from the Cadillac valley target area at its Limousine Butte project in Nevada. The latest results from the company's ongoing 10,000-metre drill program included a drill hole (CV22-006) that intercepted gold about 650 metres away from previously known mineralization. The co...Read More
Canada's Asante Gold (TSXV: ASE; US-OTC: ASGOF) has begun operations of the processing plant and associated equipment at its Bibiani gold mine in Ghana.The gold exploration and development company plans to carry out a 14-day evaluation period during which it will control, calibrate operating systems and align critical equipment "under full load."Bibiani, which Asante acquired last year from Aust...Read More
Ask most professional geologists to define our rocky vocation and they'll tell you that it's made up of a large helping of science with a tasty dollop of art slathered on top. To me, that's why exploration geology is a such lovely discipline. It combines the empirical beauty of observation with the subtlety of multi-disciplinary science. Like it or not though, our industry often bets the house on...Read More
Maritime Resources (TSXV: MAE) has provided an update on its 100%-owned Hammerdown gold project, which it is advancing towards the feasibility stage, after finalizing the project design and obtaining most of the pricing information for key project components.The project, located in the Baie Verte mining district of Newfoundland and Labrador, is designed as both an open pit and underground mining o...Read More
Liberty and Finance, Released on 6/4/22The stock market has had the worst start to a year in nearly a century. What's next? John Rubino, founder of http://DollarCollapse.com joins us to discuss. "We've borrowed too much money. We've leveraged the system so egregiously that there's only raging inflation leading to a gigantic crash or an immediate gigantic crash in our future."0:00 Intro2:24 Economi...Read More
Wall Street Silver, Released on 6/4/22Peter Grandich joins us to give us his thoughts on the latest move from the Fed and how he is preparing for a major storm coming soon. Also, we talk about Gold, Silver, Copper, Uranium, and everything else he is watching for.Peter Grandich & Company specializes in retirement, business and estate planning, that operates with the slogan that they "enable common...Read More
Talk Digital Network, Released on 6/4/22Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership a...Read More
Goldseek Radio, Released on 6/4/22From his office in Thailand, Dr. Marc Faber shares his monthly market commentary, noting the downtrend in 40-year interest rates could be in process of reversing, sending reverberations around the globe. Investors must prepare for higher rates in the global financial arena, resulting in a lost decade resembling the 1967-1982 bear-stock market. Meanwhile, asset and...Read More
Sprott Money, Released on 6/3/22Many of us will look back at the month of May as a great opportunity to have added precious metals. But what does June have in store for gold and silver? Host Craig Hemke and analyst Chris Vermeulen of the Technical Traders break down all the charts you need as we kick off the summer months.Have questions for us? Send them to [email protected] or simply leave a com...Read More