The low in gold was in at $1675, and COT data is extremely bullish in silver...by David Brady via Sprott MoneyThe Fed raised rates by 0.75% yesterday to 1.50% and plans to continue raising rates to at least 2.5% in the next few months. Quantitative Tightening, or QT, is continuing at its announced pace also. While the Fed's move was hawkish to say the least, this was all expected, and the markets...Read More
What's the likely price revaluation?by Samuel Briggs via KinesisIn this week's Live from the Vault, Andrew Maguire takes a closer look at the newly determined BRICS currency basket, assessing the likely price revaluation of its top three commodities: gold, silver and oil.With current geopolitical escalation impacting the physical gold market, the precious metal expert explains the possible repercu...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
The move comes after the Canadian government in its national budget set aside C$3.8 billion in April this year for the development of critical minerals, which includes graphite, and highlights how firms are eager to lobby for financial support from government.Northern Graphite is seeking government support in financing the construction of Bissett Creek graphite mine in Ontario and extending the mi...Read More
SSR Mining's share purchase under a normal course issuer bid will supplement the existing base dividend and is part of its capital allocation framework for returning excess cash to shareholders, the firm said.Analysts said the share buy back could be funded from strong cash balances."SSR ended the first quarter with a cash balance of US$999 million excluding restricted cash and we currently model...Read More
The government of Nicaragua created state-owned ENIMINAS to solidify its control over Nicaragua's mining sector in 2017.Read More
"We're cash-rich but could be helped on the resources," Rae said, adding that the company would only be interested in accretive deals.Read More
While not widely recommended by investment advisers it is getting harder to ignore the 200% rise in the price of thermal (electricity producing) coal over the last 12-months, or its 700% riseRead More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesJunior miners will need to increase their decarbonisation efforts in order to remain relevant, International Counci...Read More
Kudz Ze Kayah is an open-pit and underground silver, copper, gold, lead and zinc mine development located approximately 115 kilometres southeast of Ross River, Yukon and 5 km west of the Wolverine zinc mine.The project is anticipated to inject up to C$720 million in capital expenditures into Canadian and Yukon economies over its life, Natural Resources Canada said.The project can now proceed to th...Read More