Westhaven Gold (TSXV: WHN) has reported new high grade drill results from its ongoing program at its Shovelnose gold property in British Columbia, as it looks to expand resources in its next update in early 2023.Highlights of the drill results included 2 metres grading 39.67 grams gold per tonne and 30.38 grams silver starting from 104 metres depth in hole SN22-240; and 24.9 metres grading 3.47 gr...Read More
Calibre Mining's (TSX: CXB; US-OTC: CXBMF) shares rose this morning after the company reported high-grade precious metals intercepts from drill results at the Panteon north zone at its Limon mine in Nicaragua.Highlights included 5.8 metres (estimated true width of 5.6 metres) grading 66.03 grams gold per tonne, and 50.1 grams silver starting from 306.2 metres in hole LIM-22-4630; and 5.1 metres (5...Read More
Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) has received results from drilling at the Reid property in Ontario, where two holes were recently completed as part of its regional exploration program and led to the discovery of nickel mineralization.This discovery has now been confirmed with the latest set of assays. The highlight was hole REI21-02, which intersected 354 metres of 0.24% nickel an...Read More
Just a few days ahead of the 2nd UN Ocean Conference taking place in Lisbon from June 27th to July 1st, the European Commission issued a communiqu?(C) that, among other things, strengthens the bloc's position against deep-sea mining. The idea of banning mineral extraction in the exclusive economic zones of EU countries was one of the many items on the EU agenda on International Ocean Governance (...Read More
Shares in Australian gold producer Evolution Mining (US-OTC: CAHPH; ASX: EVN) cratered on Monday after it downgraded its forecast gold production for the year to June 30 and shelved a multi-million dollar expansion.The announcement triggered a sell-off that sent the company's stock 22% down and wiped off almost A$3.5 billion (US$2.4 billion) of the value of Australia's big three gold miners - Nort...Read More
Canada has unique strengths as a mining nation, including a large land base with a "vast diversity" in its mineral endowment, access to the U.S. market, and a long and successful mining history. Those were just some of the reasons why Canada is prominent in mining and a draw for investment, said keynote speaker Douglas B. Silver at the Mining Investment Event of the North conference, organized by...Read More
Copper is pivotal to the global transition to a clean energy future. The red metal is an essential ingredient for the electric vehicles (EVs), energy storage systems, and renewable energy technologies underpinning this transition.However, declining ore quality, mine closures, and the absence of additional investment in new supply could lead to a shortfall of 16 million tonnes by 2040, according to...Read More
The Daily Gold, Released on 6/27/22The S&P 500, after rebounding from its 40-month moving average is now enjoying a bear market rally. The potential upside target is the 200-day moving average. In 6 historical bear markets and others, the market rallied up to its 200-day moving average before declining to much lower levels. The average time during the bear market when the S&P tested its 200-day mo...Read More
Stansberry Research, Released on 6/27/2261,381 views Jun 27, 2022 "I have a [bitcoin] target around $12,000," says technical trader Gareth Soloway, president and CFO of InTheMoneyStocks.com. There is a, "confluence of levels around $12,000 [for bitcoin]," since entering this ice age for cryptocurrencies, he details to our Daniela Cambone. "My long-term view on bitcoin is extremely bullish," Solowa...Read More
Liberty and Finance, Released on 6/27/22Banks are net long COMEX silver contracts. Often, when banks go long metals, the sector rises shortly after. Is the consolidation in metals over? Dave Kranzler, founder of Investment Research Dynamics, thinks it may be. "If you are looking for a washout, the mining stocks are as cheap relative to the S&P 500 as they have been anytime going back to 2002."0:00...Read More
Wolf Street, Released on 6/27/22Higher rates eventually enforce a sort of discipline on the drunken party in government and even in the private sector. That would be a good thing.Continue... Wolf Richter: Can the Government Even Pay the Rising Interest Expense on its Gigantic Debt as the Fed Pushes up Rates? Yes. Here's Why added by Herman James on 06/28/2022View all posts by Herman James ?+'Read More
Fox Business, Released on 6/27/22Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim's commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades long reputation for objective, incisive commentary that challenges consensus thinking. In nearly 2...Read More
Daily Mail, Released on 6/27/22A concerning number of 'pandemic babies' with no immunity to respiratory viruses are ending up seriously ill in ICU.'Over the last month or Continue... 'Pandemic babies' with no immunity are ending up in intensive care across Australia with respiratory illnesses added by Herman James on 06/29/2022View all posts by Herman James ?+'Read More
Dear Outsider,Last week was crazy.Markets took a heavy beating only to come roaring back Friday after Fed Chair Jerome Powell finished up his testimony before the Senate Banking Committee.By now, you've probably heard some snippets.Good luck slogging through the whole thing...But one conversation stood out to me.It was about the cause of inflation and rising gas prices.For some context, we've...Read More
Project Syndicate (via Dollar Collapse), Released on 6/27/22I should have listened to Alan Greenspan - at least when it comes to currency forecasting. Continue... Stephen Roach: Why I was wrong on the dollar's collapse ... for now added by Herman James on 06/30/2022View all posts by Herman James ?+'Read More
Let's not be confused by the temporaryUSDX weakness. Junior miners are faint and we can expect them to decline againsoon.Apriland May Replay? Although history doesn’t repeat itself tothe letter, it rhymes. At least that’s what tends to happen in the financialmarkets.In today’s analysis, I’ll explain why Ithink we’re about to see another example of the above in the cas...Read More
I've been addressing the war on cash lately, and for good reason. While everyone's attention is focused on the war in Ukraine, inflation and the Supreme Court, government plans to eliminate cash are accelerating.For example, central bank digital currencies (CBDCs) are coming even faster than many anticipated. The digital yuan is already here; it was introduced in China last February during the Win...Read More
Daily Reckoning, Released on 6/27/22The endgame for CBDCs would closely resemble George Orwell's dystopian novel Nineteen Eighty-Four. It would be a world of negative interest rates, forced tax collection, government confiscation, account freezes and constant surveillance.Continue... Jim Rickards: Welcome to 1984 added by Herman James on 07/07/2022View all posts by Herman James ?+'Read More
Let's not be confused by the temporaryUSDX weakness. Junior miners are faint and we can expect them to decline againsoon.Apriland May Replay? Although history doesn’t repeat itself tothe letter, it rhymes. At least that’s what tends to happen in the financialmarkets.In today’s analysis, I’ll explain why Ithink we’re about to see another example of the above in the cas...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