Many traders are focused on Gold as price has contracted over the past 5+ weeks, and the $1700 level is being retested. This prompted my team and I to do some research related to the US Federal Reserve’s recent rate increases and how Gold has previously reacted to rising and falling interest rates.Exploring Price Patterns Between Gold and Fed Rate DecisionsI knew from the 2008-09 Global Fina...Read More
Second quarter copper and gold production at its 90%-owned El Roble mine in Colombia was above market consensus. Production in the second quarter was 3.Read More
Second quarter production updates released by these firms this week gave insight into rising costs in these countries - some of which are rising above 25% - and ongoing operational challengesRead More
Named after the 126-year-old project, Wiluna Mining called in outside administrators this week following a financial crisis which has seen the company's share price fall by 80% over the last sevenRead More
"The climate for junior gold financing and M&A has slowed following a strong first quarter, and in our view could face a period of reduced activity similar to the prior downcycle in 2013-15," saidRead More
Leading shareholder AI-listed Anglo Asian Mining will invest to retain its 19.Read More
Equity Index futures were lower this morning. S&P 500 futures were down 5 points in pre-opening trade.The Canadian Dollar was virtually unchanged at US 77.76 cents following release of Canada's May Retail Sales report at 8:30 AM EDT. Consensus was an increase of 1.6% versus a revised gain of 0.7% in April. Actual was an increase of 2.2%. Excluding auto sales, consensus was an increase of 1.8%...Read More
Ford Motor Company (NYSE: F) announced plans to accelerate its EV production that are underpinned by several high-profile agreements with lithium and nickel miners to supply raw materials for the vehicles' batteries. The U.S-based automaker said in a news release that it has secured "100% of the battery supplies" it needs to produce 600,000 EVs per year by the end of 2023, and with the help of...Read More
Workers at Glencore's Raglan nickel mine in Nunavik rejected the company's latest offer this week, as a labour dispute that has halted most of the mine's operations enters its third month. Glencore said in a release that its latest proposal offered most of the unionized employees a compensation of about $130,000 to $190,000 annually, twice the average pay of workers in Quebec. But union work...Read More
Pan American Silver (TSX: PAAS; NASDAQ: PAAS) has released new infill and exploration drilling results that further demonstrate the size and quality of the mineralization at its La Colorada Skarn project. This large polymetallic deposit was first discovered in 2018 through brownfield exploration near the company's La Colorada mine in Zacatecas, Mexico.The new results comprise 22 holes totalling 18...Read More
Anglo American (LSE: AAL) has suffered a new setback in Chile after the environmental commission of Valparaiso, Coeva, rejected the company's US$40-million operational continuity project for its El Soldado copper mine, 125 km north of the capital Santiago.Despite having the backing of the country's environmental evaluation authority, which recommended the project's approval, the local regulator sc...Read More
Rare earths junior Pensana (LSE: PRE) has broken ground at its Saltend rare earth processing hub in northern England, set to be the country's first major facility of its kind in more than a decade.The project is part of the launch of the country's first critical minerals strategy, unveiled today, to weaken China's dominance on the group of 17 minerals used in electric vehicles, wind turbines, an...Read More
I have been working with a great group of young professionals lately that have generated some interesting conversations. Some of them voiced fears and dismay at what the world is coming to. I understand, we are on one heck of a roller coaster ride right now. As I was thinking back over my four decades in the mining industry as a geologist and cost estimator, I realized that we have been here b...Read More
THE EARLY STAGE INVESTOR, Released on 7/22/22Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals.Andy Schectman: A Slow Moving Train Crash! added by Herman James on 07/22/2022View all posts by Herman James ?+'Read More
Liberty and Finance, Released on 7/22/22Are gold and silver on there way back up or is there further downside ahead? Join Gary Wagner, founder of The Gold Forecast here at 9pm Eastern!Gary Wagner has been a technical market analyst for 25 years. A frequent contributor to STOCKS & COMMODITIES Magazine, he has also written for Futures Magazine as well as Barrons. He is the executive producer of "The...Read More
ITM Trading, Released on 7/22/22The Fed is trying to get the public confidence back by raising interest rates. And we're told that raising interest rates is going to stop the inflation that they caused [because of all of the money printing that has been happening since 2008]. We are going to take a look at Mexico's record-breaking inflation that has come in at the highest level since June of 2001....Read More
Wall Street Silver, Released on 7/22/22Peter Boockvar explains why he believes the Fed Pause will be crucial for precious metals. Furthermore, we discuss the latest Gold and Silver price rally, the euro crisis, the Philly manufacturing index, and more.Peter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report newsletter https://boockreport.com/. Fe...Read More
Gold Silver (w/ Mike Maloney), Released on 7/22/22Data Proves GOLD is the Ultimate Portfolio Diversifier The World Bank recently warned that, "the danger of stagflation is considerable today..." But unfortunately, most people have no idea it's coming... and wouldn't even know what to do even if they did... In this week's video, best-selling author, Mike Maloney of GoldSilver.com, invites Ronnie St...Read More
Jim Rickards - Twitter, Released on 7/22/22First Americans killed fighting in Ukraine. This provides a basis for escalation; exactly what the White House warmongers want. One step closer to nukes.https://t.co/OCwv2nThDa- Jim Rickards (@JamesGRickards) July 23, 2022 Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief...Read More
Quoth the Raven, Released on 7/22/22And once again, as happens often with consequential news in the United States and the West, no one has noticed and no one seems to care.Continue... Russia And China Officially Announce A "New Global Reserve Currency" added by Herman James on 07/23/2022View all posts by Herman James ?+'Read More