You've seen placer gold being mined on Gold Rush, Discovery's gold mining TV show. But one junior explorer just announced that it's started to commercially mine placer gold in south-central British Columbia from a pay channel underneath Lightning Creek. At least one analyst thinks that makes this junior a Speculative Buy.After a long wait for investors, Omineca Mining and Metals Ltd. (OMM:TSX.V; O...Read More
LONDON, 7 July 2022 - Comment and analysis from BullionVault is quoted today by German investment news service Deutsche Finanz Presse Agentur."Physical bullion was the best-performing asset during the initial deflationary wave of the Covid Crisis," DFPA quotes BullionVault's Adrian Ash, "when crude oil prices sank below zero."Now that inflation has risen to a 40-year high, it has outperformed all...Read More
LONDON, 6 July 2022 - Data and comment from BullionVault appears today at GoldInvest.de, the popular precious-metals news-site for investors in Germany, gold's 4th largest market worldwide."Gold's resilience during this year's market turmoil is striking," GoldInvest quotes BullionVault's latest Gold Investor Index report. "Gold remains a safe haven for many investors."Read the full story (in Germa...Read More
LONDON, 1 July 2022 - Analysis from BullionVault features today Cash-Online, the popular German personal finance site.Looking at the real value of gold versus German government bonds across the last 5 decades, the precious metal has now overtaken Bunds for the first time since 1991, says BullionVault's director of research Adrian Ash.You can read the full story (in German) at Cash Online here:Zahl...Read More
LONDON, 27 June 2022 - Comment from BullionVault is quoted in a report from Bloomberg, the leading global finance news and data service, on the G7 group of nations' weekend move to ban new imports of Russian gold."What this does is formalize what the gold industry has already done anyway," the news-wire quotes Adrian Ash, director of research at BullionVault, in a piece widely syndicated worldwide...Read More
LONDON, 13 June 2022 - Comment and analysis from BullionVault features today in the latest gold-price report from MarketWatch, the financial news site from the Dow Jones group of companies."Rising rates and soaring yields present a serious headwind for gold short term, because the precious metal pays no income," the story quotes Adrian Ash, director of research."In a sweeping financial drop like t...Read More
LONDON, 13 June 2022 - Data and comment from BullionVault today features in the latest investing update from German personal finance magazine Altersvorsorge Beu Gedacht (Retirement Savings Review)."According to figures from BullionVault," says the report, noting the "gloomy" economic and stock-market outlook, "private investment demand for gold is picking up...[reaching] higher than it had been in...Read More
Russia’songoing invasion of Ukraine continues to take an incredible human toll, withthe very latest updates from the Office of the United Nations revealing thatsome 4,509 civilians had been killed in the conflict to date.However,this geopolitical conflict has also caused significant financial and marketdisruption, from compounding the rise in global energy prices to significantlydisturbing t...Read More
Fears of further Fed tighteningcontinue to weigh on metals markets. On Wednesday, the FederalReserve released the minutes from its most recent policy meeting. As CNBCreported, central bankers remain fixated on inflation.CNBCReporter: The minutes of the latest Fed meetings show that officials agreedthat another rate hike of 50-75 basis points would likely be appropriate at itsmeeting later this mon...Read More
Although the general stock market hasrisen, this trend may soon reverse. Since it often moves along with goldstocks, junior miners can face a fall too.Letthe S&P 500 Be a Clue Mining stocks declined significantly thisweek, but they haven’t severely underperformed gold. There is a good reason forit – the general stock market moved higher recently.What would have to happen for the mi...Read More
The euphoric US dollar rocketingstratospheric to extreme multi-decade highs slammed gold this week! That vertical surge ignited heavygold-futures selling, hammering gold into a serious technical breakdown. The resulting sentiment damage was severe,with traders now convinced gold is doomed to spiral much lower. But a major reversal is imminent in theradically-overbought dollar, wh...Read More
Commodities have been corrected hard, generally to supportIt is amazing how compressed the cycles are in the markets these days. But maybe it’s not so surprising when you consider the constant involvement of meddling, manipulating central banks and even governments. Add a dash of hysterical media and the human instinct for knee-jerk herding and voila, there you have it; sentiment in commodit...Read More
Oil prices fluctuated on fears of arecession and a contraction in demand. What are the main figures to observe inthis critical month?Crude oil prices hovered between red andgreen on Thursday after two days of steep losses this week, still plagued byfears of a global economic recession that could threaten demand but also supplycuts in a tight market.NewLockdown and Restrictions for the Chinese Pand...Read More
On Tuesday, July 5th, Crude Oil collapsed very sharply, down over 10% near the lows, in an aggressive breakdown of the price. The $97.43 lows reached that day were more than -14% from recent highs (set on June 29, 2022) and more than -21% from highs set on June 14, 2022.Consumer Discretionary Spending Likely To Fall FurtherIn a recent research article (published June 9, 2022: CRUDE OIL PRICE AND C...Read More
Gold, silver, and theirminers’ stocks suffer their weakest seasonals of the year in early summers. With traders’ attention normally diverted to vacationsand summer fun, interest in and demand for precious metals usually wane. Without outsized investment demand, goldtends to drift sideways dragging silver and miners’ stocks with it. Long feared as the summer dold...Read More
The upcoming stagflation might be lesssevere than in the 1970s. So is the Fed’s reaction, which could mean good newsfor gold.There are many terrifying statements you can hear from another person. One example is: “Honey, we need to talk!” Another is: “I’m from the government and I’m here to help.” However, the scariest English word, especially nowadays, is...Read More
https://media.blubrry.com/silverdoctors/p/ins.blubrry.com/silverdoctors/SRS7-22-SD-audio.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Stitcher | Email | RSS"We've got much bigger fish to fry...If they have been manipulating the price, why would you invest in precious metals?"...Steve St. Angelo of SRSrocco Report with Paul "Half Dollar" EberhartSilver is in the teens, so no...Read More
There isn't much further to go on the downside in Silver based on the data...by David Brady via Sprott MoneyDespite all the bullish signals, precious metals and miners continued lower this week. I have repeatedly stated that no one should try to catch a falling knife but instead wait for a break of resistance. This week I will go through the technical levels I am watching to signal that the bottom...Read More
Mining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDEclipse Metals to Explore Rare Earth Potential of Historic Greenland MineSPONSOREDeclipse metals ltdPensana Plc to provide UK-produced rare earth resourcesSPONSOREDpensanaHomegrown and future-focused: a battery and critical metals discovery in the USASPONSOREDstill waters critical mineralsThe PEO aimed to integrate updated long...Read More
Economists had expectations of a 8.8% increase, based on higher fuel, food and other costs. Inflation grew at an annualised 8.6% in May.Read More