CloseGain/LossGold $1345.70+$8.90Silver$17.33+$0.22XAU87.66+1.27%HUI196.44+1.24%GDM663.10+1.04%JSE Gold1245.08+5.68USD89.10-0.13Euro124.13+0.16Yen91.70-0.27Oil$64.73+$0.2310-Year2.720%-0.004T-Bond147.78125+0.40625Dow26149.39+0.28%Nasdaq7411.48+0.12%S&P2823.81+0.05%  The Metals: Gold gained $8.30 to $1345.10 by midmorning in New York before it dropped back to $1334.10 after...Read More

There are serious financial risks associated with running deficits during times of positive economic growth. One of the principal risks is that the budget cannot be balanced regardless of economic conditions because a permanent imbalance between how much the government spends and the amount it raises from taxes and other revenues develops. The Trudeau government took office in late 2015 and immedi...Read More

 CloseGain/LossGold $1350.00+$4.30Silver$17.24-$0.09XAU87.60-0.07%HUI196.70+0.13%GDM661.96-0.27%JSE Gold1244.84-0.24USD88.59-0.51Euro125.19+1.06Yen91.44-0.26Oil$65.80+$1.0710-Year2.779%+0.059T-Bond146.125-1.6875Dow26186.71+0.14%Nasdaq7385.86-0.35%S&P2821.98-0.06%  The Metals: Gold fell $8.30 to $1337.40 in London, but it then rallied back higher throughout most of trade in...Read More

The Fraser Institute is the top think-tank in Canada for the tenth straight year and ranks in the top 25 among all think-tanks worldwide, according to the 2017 Global Go To Think Tank Index published by the University of Pennsylvania and released recently in Washington, D.C.The annual index ranks the Fraser Institute first among 100 think-tanks in Canada and 21st out of more than 7,800 think-tanks...Read More

 CloseGain/LossOn WeekGold $1331.80-$18.20-1.32%Silver$16.60-$0.64-4.65%XAU83.88-4.25%-7.12%HUI188.03-4.41%-7.54%GDM642.62-2.88%-5.89%JSE Gold1228.89-15.95-6.41%USD89.16+0.57+0.07%Euro124.59-0.60+0.28%Yen90.85-0.59-1.22%Oil$65.45-$0.35-1.45%10-Year2.838%+0.059+6.73%Bond145.00-1.5625-2.58%Dow25520.96-2.54%-4.12%Nasdaq7240.95-1.96%-3.53%S&P2762.13-2.12%-3.85%  The Metals: Gol...Read More

 CloseGain/LossGold $1336.30+$4.50Silver$16.70+$0.10XAU83.07-0.96%HUI185.80-1.19%GDM633.83-1.41%JSE Gold1200.17-28.72USD89.60+0.44Euro123.92-0.67Yen91.37+0.52Oil$64.15-$1.3010-Year2.731%-0.107T-Bond146.53125+1.75Dow24345.75-4.60%Nasdaq6967.53-3.78%S&P2648.94-4.10%  The Metals: Gold gained $6.80 to $1338.60 in London before it drifted back towards unchanged in New York, but...Read More

SummaryIn 2016/17, Ontario's net debt reached $302 billion, or approximately $21, 500 per Ontarian. The province's debt-to-GDP level stands at 38 percent, just below its all-time historic high.Ontario's net debt has increased dramatically since 2003/04, with the province running budget deficits in 11 of the past 14 years. These annual deficits have ranged from $991 million to $19.3 billion and hav...Read More

 CloseGain/LossGold $1321.70-$14.60Silver$16.60-$0.10XAU82.10-1.17%HUI181.87-2.12%GDM620.26-2.27%JSE Gold1193.12-7.05USD89.71+0.11Euro123.77-0.15Yen91.34-0.03Oil$63.39-$0.7610-Year2.802%+0.071T-Bond145.625-0.0625Dow24912.77+2.33%Nasdaq7115.88+2.13%S&P2695.14+1.74%  The Metals: Gold gained $9.70 to $1346.00 in early Asian trade and held most of those gains into London, but i...Read More

Nutrien Ltd., the newly formed company from the merger of The Potash Corporation of Saskatchewan and Agrium Inc., is well on course to achieve savings of half a billion dollar in synergies annually, according to its chief executive officer Chuck Magro.“When we look at it, the $500 million in annual synergies — we’re very confident about that number,” Magro told investors on...Read More

This blog post is a guest post on BullionStar's Blog by the renowned blogger JP Koning who will be writing about monetary economics, central banking and gold. BullionStar does not endorse or oppose the opinions presented but encourage a healthy debate. Would it make sense to rebuild an international gold standard like the one we had in the late 1800s? Larry White says the idea has merit, Davi...Read More

 CloseGain/LossGold $1315.30-$6.40Silver$16.33-$0.27XAU80.54-1.90%HUI179.84-1.11%GDM609.88-1.60%JSE Gold1174.79-18.33USD90.35+0.64Euro122.71-1.06Yen91.38+0.04Oil$61.79-$1.6010-Year2.841%+0.039T-Bond144.59375-1.4375Dow24893.35-0.08%Nasdaq7051.98-0.90%S&P2681.66-0.50%  The Metals: Gold gained $10.60 to $1332.30 in Asia, but it then fell back off in London and New York and end...Read More

The presence of counterfeit medicines in international commerce was initially identified as a problem in 1985 at the World Health Organization Conference of Experts on Rational Drug Use. Prior to this event, the dangers and challenges of pharmaceutical counterfeiting were primarily limited to developing countries. The global picture, however, has starkly changed. Pharmaceutical counterfeiting now...Read More

 CloseGain/LossGold $1317.20+$1.90Silver$16.38+$0.05XAU79.86-0.85%HUI178.39-0.81%GDM606.47-0.63%JSE Gold1142.47-32.32USD90.33-0.02Euro122.47-0.24Yen91.95+0.57Oil$61.15-$0.6410-Year2.829%-0.012T-Bond144.25-0.375Dow23860.46-4.15%Nasdaq6777.16-3.90%S&P2581.00-3.75%  The Metals: Gold dropped $8 to $1307.30 in London before it bounced back to $1316.90 at about 9:30AM EST and the...Read More

OTTAWA — The federal government is designating a single agency to oversee what is expected to be a more stringent and far-reaching review process, amid concerns Canada is burdening the industry with new and untested layers of regulations.Environment Minister Catherine McKenna told reporters Thursday that the new law would create a “predictable, timely and evidence-based” review p...Read More

As market turmoil hits both equities and cryptocurrencies, the heightened volatility in these assets underscores gold's unique role as a safe haven, store of value and portfolio diversifier.Stock Market SelloffsWith major US stock indices falling again sharply on Thursday (DJIA - 4.02%, NASDAQ - 4.08%, S&P -3.41%), last Monday's equity market selloff and spike in volatility looks set to be a m...Read More

 CloseGain/LossOn WeekGold $1314.80-$2.40-1.28%Silver$16.32-$0.06-1.69%XAU78.35-1.90%-6.59%HUI174.55-2.15%-7.17%GDM596.91-1.61%-7.11%JSE Gold1131.89-10.58-7.89%USD90.43+0.10+1.42%Euro122.38-0.09-1.77%Yen92.09+0.14+1.36%Oil$59.20-$1.95-9.55%10-Year2.855%+0.026+0.60%Bond143.71875-0.75-0.88%Dow24190.90+1.38%-5.21%Nasdaq6874.49+1.44%-5.06%S&P2619.55+1.49%-5.16%  The Metals: Gol...Read More

 CloseGain/LossGold $1321.30+$6.50Silver$16.52+$0.20XAU81.08+3.49%HUI180.45+3.38%GDM613.99+2.89%JSE Gold1118.34-13.55USD90.14-0.29Euro122.92+0.54Yen92.02-0.07Oil$59.29+$0.0910-Year2.857%+0.002T-Bond144.50+0.34375Dow24601.27+1.70%Nasdaq6981.96+1.56%S&P2656.00+1.39%  The Metals: Gold gained $11.10 to $1325.90 in early Asian trade before it fell back to $1317.50 in London, but...Read More

Acacia Mining produces gold and copper, both of which are surging in price, so why did the company ditch its dividend and post a $700 million loss?“We were thrown … a lot of curveballs,” chief executive Peter Geleta said on an investor earnings call on Monday. “In fact, I don’t think many people would have faced what we faced last year in their whole careers.”H...Read More

 CloseGain/LossGold $1329.30+$8.00Silver$16.57+$0.05XAU81.06-0.03%HUI180.45UNCHGDM615.81+0.37%JSE Gold1170.31+51.97USD89.69-0.45Euro123.51+0.59Yen92.78+0.76Oil$59.19-$0.1010-Year2.829%-0.028T-Bond144.75+0.34375Dow24640.45+0.16%Nasdaq7013.51+0.45%S&P2662.94+0.26%  The Metals: Gold gained $9.40 to $1330.70 in London before it fell back to $1322.90 in early New York trade, but...Read More

SummaryIn many respects, British Columbia can currently boast of having the soundest fiscal position of any Canadian province. While other provinces, including Ontario and Alberta, have struggled in recent years with comparatively large budget deficits and significant debt accumulation, BC recorded a $2.7 billion operating surplus last year (2016/17)-its fourth consecutive operating surplus and th...Read More