GOLD AT $2000 Gold flirted briefly with the $2000 number last month. At $2043 oz., it was several dollars shy from matching its peak price eighteen months earlier at $2058 oz.With the current gold price at $1958 oz., the $2000 number is the sweet midpoint of that range. It is a nice round number and seems to be the price most gold traders and investors are focusing on at this time.It is proba...Read More
World events are driving a volatile andpotentially pivotal environment ahead for investors.Huge swings in financial markets are likely still to come.Direction, magnitude, and timing aredifficult to predict. But precious metals bulls are eying massive upsidepotential for gold and silver as war and inflation stoke safe-haven buying.What follows are four major macro scenariosthat could impact metals...Read More
Commoditiesare on fire.Theprice of oil has soared 43% since the start of the year.Palladium—ametal most often used in catalytic converters—has increased 28% over the sameperiod, while wheat has spiked 39%...Theseare major moves. But I see commodity prices headed even higher this year.Specifically,a huge opportunity is setting up in one of the most overlooked corners of thecommodity mar...Read More
In response to Russia’s war on Ukraine, the U.S. and G-7 countries have launched a currency war against the Kremlin. Sanctions imposed on the Russian central bank have effectively blacklisted the country from the U.S. dollar-dominated global financial system.Now the Biden administration is attempting to prevent Russia from using gold as an alternative medium of exchange.Last week, the Treasu...Read More
Imagine all the people… living life inthe Metaverse. Once we immerse ourselves in the digital sphere, gold may go outof fashion. Or maybe not?Do you already have your avatar? If not,maybe you should consider creating one, as the Metaverse is coming! What is the Metaverse? It is a digital,three-dimensional world where people are represented by avatars, a network of3D virtual worlds focused o...Read More
FREE March 28 - April 1.Hi,You may already know that the CRB Commodities Index is up 200% since the April 2020 low.Even if you haven’t been following the broad Index, you've no doubt felt the effects of rising commodity prices in your wallet.But there is a silver-lining flip side: Over the past 2 years, commodities have also offered massive opportunities. And they're not done. That's why on...Read More
Crude oil continues to decline due tolowered demand, and the petrodollar seems threatened, losing interest. What isthe best strategy to take now? Oil prices kept falling this week, drivenby potential progress in Ukraine-Russia talks and a potential slowdown in theGiant Panda’s (China) economic growth due to epidemic lockdowns in some regionswhere a surge of Omicron was observed.As I men...Read More
In retrospect, nothing much has changed since I published my original article $100 Silver Has Come And Gone in October 2019.The price is higher than it was at the time the article was written, and that is certainly positive. However, the net change since then does not alter the fundamental arguments stated in the original article. Let’s review the salient points now. SILVER PRICE HISTORY &...Read More
CopperThe global copper supply crisis is getting deeper with each passing day.Even disregarding the military crisis in Europe and the piling sanctions against Russia that have rocked the commodity markets, copper has always been in a tough spot simply because of its fast-rising demand and the critical role in the modern economy.More than 20 million tonnes of the metal are being consumed each year...Read More
“2022: The Golden Year” activates……as gold and the miners hit our short-term upside targets this week.In August of 2020 we noted the danger signals for gold based on sentiment excess coming out of the acute pandemic fear phase. We also noted the need for a multi-year bullish Cup to build a proper handle after that excess. A Cup’s handle is actually a downward trendi...Read More
We live in uncertain times, but one thing is (almost) certain: the Fed’s tightening cycle will be followed by an economic slowdown – if not worse.There are many regularities in nature. After winter comes spring. After night comes day. After the Fed’s tightening cycle comes a recession. This month, the Fed will probably end quantitative easing and lift the federal funds rate. Will...Read More
Whether or not you are investing in gold for retirement, it isalways important to be informed. This article will help you decide if investingin gold is the right decision for your retirement. When deciding on what to invest in, one of the most popularchoices is gold. Gold has been used as a currency and an investment forthousands of years, and it continues to be a popular choice for investorstoday...Read More
Imagine what an oak tree's underground rootball looks like, with supportive tendrils spreading out in all directions, notunlike what the limbs of this magnificent specimen are doing above-ground.The result is an impregnable presence inall directions of the compass. "Open on strike and at depth" as amining geologist might say.Like Mycelium (the vegetative part of afungus-like bacterial co...Read More
(IDEX Online) - At least FORTY diamond miners are feared dead after a mine collapsed in Democratic Republic of Congo (DRC), according to the country's minister of the interior.The artisanal workers were in underground shafts in Samba, near the city of Tshikapa, in the southwestern region of Kasai.Initial reports after the mine collapse on Tuesday (7 June) indicate there were six fatalities. T...Read More
Pretoria, Gauteng, South Africa, June 10, 2022 (GLOBE NEWSWIRE) -- Gold Secured Currency (GSX) has received, through a geotechnical assessment report, confirmation of the presence of copper and gold valued at an estimated 40 billion US Dollars in 1,050 hectares of GSX-owned mining claims. The $40 billion estimate means that the assets backing GSX will increase by over 570% in 2022. This update put...Read More
STORY: This is the moment wildcat gold-miners in Bolivia threw stones at Senator Cecilia Requena as she visited a tiny settlement along the Beni River in the north, a hotspot for the illegal practice. Tensions are rising in the country's Amazon between small-scale prospectors and local indigenous groups over a boom in unregulated gold-mining, driving a surge in imports of mercury used to extr...Read More
Attackers raided the Karma industrial gold mine in northern Burkina Faso in the early hours of Thursday morning, killing one soldier and one mine employee, the company said.Read full newsRead More
Russian oligarch Yevgeny Prigozhin, also known asRead full newsRead More
Figure 1 Royal Visit at Selinsing Gold Mine Figure 2 Selinsing Employees with the Prince and Government Officials Figure 3 Selinsing Process Manager Azman bin Taib giving the Prince an overview of the processing plan Figure 4 The Chief Minister with the Prince Holding Gold Bar VANCOUVER, British Columbia, June 03, 2022 (GLOBE NEWSWIRE) -- Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) "Monumen...Read More
Mongolia is a rich country, steeped in culture and diversity, and brimming with minerals. The land is an untapped mining opportunity, with people in the know rushing to invest in the gold mining industry.Read full newsRead More