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President Abraham Lincoln is considered to be the moral savior of the United States for ending slavery. To pay for the war, he made enormous changes in the basic relationship between the federal government and money. These changes greatly diminished individual property rights and increased the power of Washington over the private economy.The paper money created by Abraham Lincoln to finance the Ci...Read More
Spanish conquistadors came to the Americas in search of gold and silver. And they found plenty.But while they were mining, they occasionally found a strange silvery metal unlike any other. They called it "platina", meaning "little silver".At the time, they believed this "platina" was young gold that would take a few more thousand years to mature and turn yellow. This platina was difficult to work...Read More
Canadian mineral exploration company Golden Cross Resources Ltd. (AUX:TSXV) is preparing for a drilling campaign in June at its Reedy Creek high-grade gold project in Victoria, Australia. Read why the project's jurisdiction is so attractive to the company.Canadian mineral exploration company Golden Cross Resources Ltd. (AUX:TSXV) is preparing for a drilling campaign starting in June at its Reedy C...Read More
Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A0RLEP:WKN; 3TZ:FSE) announced that it has hit a "broad zone of gold mineralization with strong quartz-carbonate veining showing visible gold in three occurrences" at its Quesnelle Gold-Quartz Mine. This is not the first time the company has hit visible gold at the site.Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A0RLEP:WKN; 3TZ:FSE) announ...Read More
Newsletter writer Stewart Thomson addresses the questions:Are junior miners decoupling from gold and the stock market, and are they set to soar?I've noted the arrival of the dollar at par (100) on the USDX index. Here's a look at the chart:This arrival at par has been accompanied by a pause/dip for gold, silver, and the miners. I suggested that gold would be in the $3200-$3500 range when the dolla...Read More
Dolly Varden Silver Corp.'s (DV:TSX.V; DVS:NYSEA; DVQ:FSE) land package in the Golden Triangle will quadruple in size with this $5M acquisition, noted a Raymond James report.Dolly Varden Silver Corp. (DV:TSX.V; DVS:NYSEA; DVQ:FSE) announced it is acquiring the 59,400-hectare Kinskuch property, next to its Kitsault Valley project in northwestern British Columbia's Golden Triangle, from Hecla Mining...Read More
Barry Dawes of Martin Place Securities shares his thoughts on the gold market. Gold is holding on but it should have a big fall in the expected C wave that should take it down to or below US$3,000.It has been a great run, so profit taking has been appropriate amongst those stocks with large built-in gains.Note that volumes at the highs are large and now represent overhangs.Broken parabola likely...Read More
MAG Silver Corp. (MAG:TSX; MAG:NYSE American) is being sought by Pan American Silver Corp., but Fresnillo Plc, joint venture partner of MAG, still could make a bid for it, noted a ROTH Capital Partners report.MAG Silver Corp. (MAG:TSX; MAG:NYSE American) agreed to be acquired by Pan American Silver Corp. (PAAS:TSX; PAAS:NASDAQ) for a combination of cash and stock, reported Joe Reagor, ROTH Capital...Read More
StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) sells its historic Porter Idaho silver project for US$1.1M in shares to Dolly Varden Silver Corp. (DV:TSX.V; DVS:NYSEA; DVQ:FSE). Read more to see how this strategic shift could unlock value in the Walker Lane trend.StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) has entered into a definitive agreement to sell its Porter Idaho property in British Colum...Read More
MAG Silver Corp. (MAG:TSX; MAG:NYSE American) makes this move following strong cash flow generation in Q1/25 and subsequent receipt of a sizable payout from its joint venture, noted a ROTH Capital Partners report.MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) Q1/25 financial results were a beat, reported Joe Reagor, managing director and senior research analyst, ROTH Capital Partners, in a May 9...Read More
MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) quarterly highlights include its declaration of a second dividend, noted a BMO Capital Markets report.MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) Q1/25 financial results were remarkable for several reasons, reported Kevin O'Halloran, BMO Capital Markets analyst, in a May 8 research note.21% Return ImpliedUpon the metals producer's release of its...Read More
Equity index futures were higher this morning. S&P 500 futures were up 20 points at 8:35 AM EDT.S&P 500 futures slipped 4 points following release of U.S. April Housing Starts at 8:30 AM EDT. Consensus was an increase to 1.370 million units from 1.324 million units in March. Actual was 1.361 million unitsToday is the last trading day for listed May options, futures and futures options. Loo...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 18 points at 8:35 AM EDT.S&P 500 futures recovered 7 points following release of economic news at 8:30 AM EDT. Consensus for April U.S. Producer Prices was a 0.3% increase versus a 0.4% gain in March. Actual was a 0.5% drop. Excluding food and energy, consensus for April U.S. Producer Prices was a 0.3% gain versus...Read More
Ivan Bebek, Chair and CEO, commented, "As we deepen our understanding of the Sombrero system, our confidence in the size ...Read More
Curious how Donald Trump's new UK trade deal could shake up the commodities world? In this fast-paced interview, Jesse Day of ...Read More
Trump has backed off on his reciprocal tariffs against trading partners, while denying influence from bond market behaviour ...Read More
In just one day, Pelosi made $4.7 million in the stock market. That's around 26 times her yearly salary as a member of Congress.Read More
Mines don't stop because of Molycop not even during COVID. From flawless delivery to cutting-edge digital tech, Molycop keeps ...Read More
Tom Bodrovics welcomes back Brett Heath, CEO of Metalla Royalty and Streaming, to discuss the current state of the gold industry ...Read More