The model for mineral exploration no longer works, this company says, and its machine learning and artificial intelligence (AI) tools can quickly identify high-grade opportunities and give geologists better big picture views of what's under the surface.Durendal Resources Inc. says the model for mineral exploration no longer works and its machine learning and artificial intelligence (AI) tools can...Read More
The operator of Infinitum Copper Corp.'s Hot Breccia project in Arizona has engaged a company that uses artificial intelligence (AI) to optimize drill planning.Infinitum Copper Corp. (INFI:TSX) said the operator of its Hot Breccia project in Arizona has engaged a company that uses artificial intelligence (AI) to optimize drill planning.Operator Prismo Metals Inc. is working with ExploreTech Inc. f...Read More
Canadian company Soma Gold Corp. has just announced a significant discovery following a drill program at its La Aurora mine in Machuca, Antioquia, Colombia.The Canadian company, focused on gold production and exploration, acquires, explores, develops, and operates mining properties in South America. It already controls two adjacent mining properties in Antioquia with a combined milling capacity of...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points at 8:35 AM EST.Index futures advanced 14 points following release of the February Non-farm Payrolls at 8:30 AM EST. Consensus was a drop to 198,000 from a downwardly revised 229,000 in January. Actual was 275,000 Consensus for the February Unemployment Rate was unchanged from January at 3.7%. Actual was an inc...Read More
In 1960, Harvard sociologist Daniel Bell published a book called The End of Ideology. It argued that it was time to put aside all our ridiculous arguments of the past socialism, fascism, liberalism, anarchism, technocracy, etc. and just recognize that elites like him have it all under control.They'd already established the building blocks of the administrative state so that real experts could...Read More
"Et in Arcadia ego."Even in Arcadia, that is, "I, Death, hold sway."We do not inhabit Arcadia. Yet in our profane chunk of existence, we are reminded that Death rules.Last evening we were handed an obituarial notice.It was not the obituarial notice of an immediate family member.It was not even the obituarial notice of a cherished acquaintance.It was rather the obituary notice of a loose and distan...Read More
Fool me once, shame on you; fool me twice, shame on me. Unfortunately, we've been fooled over and over so many times that it has become an exercise in futility. We've scratched our head so many times when it comes to U.S. energy policies that at this point we've embraced the absurdity. One of the more blatant head-scratchers has been the use or absence of sanctions. Back in 2017, the Trump adm...Read More
This week investors are witnessing a historic move in gold prices. The precious metal finally broke above a longstanding overhead resistance level to reach new all-time highs.On Thursday, gold closed at $2,170 per ounce – its highest level since…well, since records have been kept.As of this Friday recording, gold checks in at $2,203 an ounce on the heels of a 5.2% advance on the week...Read More
When you’re considering investing in precious metals, you are confronted with many options. Silver or gold? Bars or coins? And what in the world is an ETF?Understanding the differences between an ETF and physical gold and silver is an important first step in the journey to precious metals investing.ETF is an acronym for “Exchange Traded Fund.” In simplest terms, an ETF represents...Read More
Also up week over week are gold and bitcoin, both trading near all-time highs, noted a Fundamental Research report.World Copper Ltd. (WCU:TSX.V;WCUFF:OTCQX; 7LY0:FRA), a Top Pick, was among Fundamental Research Corp.'s (FRC) Top five performers of the week, the equity research firm reported in its March 4 note.The Canadian company with advanced-stage porphyry copper projects, Zonia in Arizona and...Read More
Michael Ballanger of GGM Advisory Inc. takes a look at current trends in the gold and uranium market, and shares a couple stocks in his portfolio. For most of 2023, and in fact, since January 2020, when I first launched the GGMA Advisory service, I have been exalting the wonders of gold ownership for a myriad of reasons that date back to the 2008 GFC. Without reciting those reasons, you all know t...Read More
Ofthe many factors that determine gold price trends, the long-term cycle ofinflation and deflation is of singular importance. The cycle in questioncorresponds closely to the 50-to-60-year economic periodicity known as theKondratieff Wave (or K-Wave), but is in fact a separate cycle. As we’ll discusshere, the cycle tells us to expect a gradual acceleration of inflationarypressures between now...Read More
U.S. equity index futures were down this morning. S&P 500 futures were down 23 points at 8:30 AM EDT.Bitcoin added 2,618.55 to an all-time high at 71,642.09Comcast added $0.04 to $42.62 after its film Oppenheimer won 7 Oscars last night.Boeing dropped $2.59 to $195.90 after the Department of Justice launched a criminal investigation on the Alaska Airline 737 door plug blow out. The Botto...Read More
After two years of trading in a 20% range between $1,600 and $2,000 per ounce, gold finally broke out to the upside, closing at a new all-time high of $2,126 per ounce on March 4.Better yet, if you're a gold investor, gold has held its ground around $2,100 per ounce since breaking that ceiling (gold's trading at around $2,187 today).The price is volatile, but gold broke even higher on March 5 when...Read More
Morgan Stanley recently came out with their three themes that will impact markets for many years: longevity, AI tech diffusion and decarbonization, i.e. the transition from hydrocarbon fuels to so-called “green energy.”In a nutshell, pills that cost $1,000 a month will make us live longer, AI will increase corporate profits (which is the entire point of the economy, of course) and thos...Read More
John Newell of Golden Sky Minerals (AUEN.V) explains his view on where the copper market is going and shares one stock he believes is an attractive opportunity for forward-thinking investors.In the heart of today's technological and sustainable advancements lies an element whose significance has surged alongside our modern needs: copper. Copper's role in energy transformation has increased attenti...Read More
Chris Temple of The National Investor explains why he believes Dakota Gold Corp. is a Buy.My new recommendation is Dakota Gold Corp. (DC:NYSE American).This is another (of quite a few still) I have been following . . . sitting on . . . and mulling over until I thought the time was right. And notwithstanding the possibility still, as you'll be reading, that THE end to this sector's doldrums isn't q...Read More
The Canadian corporation checks all of the boxes for a compelling investment and offers a 161% potential return, noted a Leede Jones Gable report.Blackrock Silver Corp. (BRC:TSX.V; BKRRF:OTCQX) just gained research coverage by another financial firm, as Leede Jones Gable initiated on the metals explorer with a Speculative Buy rating and a target price reflecting a 161% return, analyst Ron Stewart...Read More