Ron Struthers of Struthers Stock Reports is convinced that the recent correction in the Comex Gold price is about over, as the strong Central Bank buying of physical gold will underpin prices higher on the Comex paper market. Currently, there are very low premiums on gold stocks call options, reflecting how out of favor the sector is.I am convinced that the recent correction in the Comex Gold pric...Read More
A National Instrument 43-101 technical report filed for Outcrop Silver & Gold Corp.'s flagship Santa Ana project in Colombia noted "there are reasonable prospects of eventual economic extraction of silver, gold, lead and zinc from the deposit."Outcrop Silver & Gold Corp. (OCG:TSX.V; OCGSF:OTCQX; MRG1:DB) has filed a National Instrument 43-101 technical report for the maiden mineral resource estima...Read More
Barry Dawes of Martin Place Securities notes that gold is coiling in this slow June period, possibly moving higher soon. Tax loss selling might be a seasonal buying opportunity. S&P 500 exceeds 4300. Bond rally to resume with rising US$. Euro Yen is looking weak again. Silver is looking very strongVery strong market setups. It is very unusual to see such strong setups across so many markets. Curre...Read More
LONDON, 11 June 2023 - Data, analysis and comment from BullionVault today leads an in-depth article on the case for investing in gold published in the financial pages of the Mail on Sunday, the UK's best-selling weekend paper on public circulation data."The gold price in sterling hit a record high of ?1,653 at the start of May," says the Mail, quoting BullionVault's analysts that gold is most like...Read More
LONDON, 11 June 2023 - Comment and analysis from BullionVault features today in a report on how to protect savings against inflation published in German broadsheet newspaper Der Tagesspiegel."As a rule," the paper quotes director of research Adrian Ash, "gold prices perform well when interest rates on cash or bonds lag behind inflation. This is because gold does not pay interest, but its supply ca...Read More
LONDON, 26 May 2023 - BullionVault director of research Adrian Ash was a guest this morning on the BBC's national UK and international World Business Report TV show.Looking at the current rise towards all-time highs in global gold prices, Adrian discussed the surge in central-bank gold demand, plus the impact of rising interest rates and geopolitical tensions on the precious metals market.Watch th...Read More
LONDON, 11 May 2023 - Data and analysis from BullionVault is quoted today in a report on gold's recent new all-time record high prices published in the Daily Express, the UK's third best-selling weekday newspaper according to available data. "Investors are racing to buy gold and that's bad news. It means they're terrified," claims the report.But "today's sky-high prices have also spurred record...Read More
Prices have gained certainly; tracking from around $49/lb at the start of January 2023, to just under $56/lb by the end of May.Read More
Resource conversion drilling has added 1.58Moz of resources, with the recently started two-year drill programme targeting the conversion of the remaining 1.8Moz of indicated and 1.Read More
Campbell said negotiations with the government on an investment protection agreement (IPA) are "very advanced.Read More
SRK visualisation tool to help engagementSPONSOREDsrk consultingSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resources"This is the most significant investment in our aluminium business for more than a decade, and it will further strengthen Rio Tinto's high-qual...Read More
SRK visualisation tool to help engagementSPONSOREDsrk consultingSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesFMG has forecast capital costs of US$200 million for a stage one operation to produce 2 million tonnes of iron ore per annum from the second ha...Read More
(IDEX Online) - The cost of crime to US jewelers almost doubled last year, says the Jewelers' Security Alliance (JSA).Losses soared to a record high of $129.4m up 84.6 per cent on$70.1m in 2021, according to its 2022 Annual Crime Report.Almost one in five the burglaries recorded were Three Minute Burglaries, so named because that's the time it takes to smash a door or window at night, em...Read More
(IDEX Online) - The sale of Ekati, Canada's first diamond mine, to Australia-based Burgundy is due to be completed by 30 June.It will be the second time the mine has changed hands in under two-and-a-half years. Arctic Canadian Diamond Company acquired the deposit, 125 miles south of the Arctic Circle, in February 2021 after the previous owners, Dominion Diamonds, filed for insolvency.&nb...Read More
(IDEX Online) - BlueRock Diamonds, the British miner that operates the Kareevlei mine, in Kimberley, South Africa, has gone into administration.Operations at the mine remain have been halted. Share trading was halted in February, when its debt-ridden subsidiary Kareevlei Mining. which operates the mine, was placed in business rescue, with little prospect that it would continue as a going concern.L...Read More
Vanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesNova retains laser focus on qualitySPONSOREDnova royaltySaturn works dual-focus opportunitySPONSOREDsaturn metalsSRK visualisation tool to help engagementSPONSOREDsrk consultingCompanies can obtain tax incentives for implementing clean technology environmental solutions on their projects that go beyond the regulatory r...Read More
President Guillermo Lasso increased the short-term political uncertainty in the country in May when he dissolved Congress and called an election as an exit to impeachment proceedings against him.Read More
The Swiss mining giant on Monday offered to buy Teck Resources' metallurgical coal business in a standalone, after being repeatedly rebuffed in its attempts to acquire the Canadian company in itsRead More
U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points at 8:35 AM EDT. Index futures moved higher following release of the May U.S. Consumer Price Index at 8:30 AM EDT Consensus was an increase 0.1% versus a gain of 0.4% in April. Actual was an increase of 0.1%. On a year-over year basis, consensus was an increase of 4.0% versus a gain of 4.9% in April. Actual was...Read More
I've written a lot about central bank digital currencies (CBDCs) including the U.S. dollar version that I call "Biden Bucks." The threat from CBDCs is enormous.They are digital (but not true cryptocurrencies), which means they are programmable. The Treasury and Fed can use the CBDC ledger to track your purchases, look at your political contributions, look at your religious affiliations and basical...Read More