Recent News

Gold: Still Climbing the Wall of Worry

July 20, 2020 / news.goldseek.com

By: Gary SavageGold traders were conditioned to trade through the churning phase. Gold is currently in the phase where those kicked out of the market, still are not sure what to do, they are still out -- and when they jump back in, we should have our intermediate cycle top:http://blog.smartmoneytrackerpremium.com/Read More

Goldman's Stacks of Gold

July 20, 2020 / news.goldseek.com

David HaggithGoldman Sachs, JPMorgan, and BlackRock Financial Management are stacking up wealth like never before, thanks to the Great Recession 2.0, a.k.a. the Second Great Depression. Yet, the Fed maintains its recovery plans do not create wealth disparity.Fed-hawk Ron Paul wrote this week,Federal Reserve Chair Jerome Powell and San Francisco Fed President Mary Daly both recently denied that t...Read More

GOLD: Barbarous Relic or Friend of Liberty? Confiscation Coming?

July 20, 2020 / news.goldseek.com

Gold is the ultimate international currency.All over the world, gold has been money for thousands of years. Federal Reserve counterfeiting is showing the world (once again) as to why this is so.Watch Friday's Liberty Report below:Read More

How to benefit from the big US infrastructure push

July 20, 2020 / news.goldseek.com

Richard (Rick) Mills, Ahead of the herdThe US economy continues to flounder like an East Coast freighter bashed by a mid-winter Nor-easter. Fifty million claims is the latest unemployment milestone surpassed by the American workforce during the ongoing coronavirus pandemic that has drubbed the United States worse than any other country including China, where it started. In a stark contrast of...Read More

Small Business Blues

July 20, 2020 / news.goldseek.com

Closed for GoodFalse StartSmall Businesses Need CustomersIt's a Global DepressionNoncreative ProtectionPuerto Rico and Maddening COVID DataPoliticians love saying small businesses are important to the economy. In this case, it isn't just rhetoric. The millions of little companies with a handful of workers are, collectively, more important than the few hundred large enterprises we see in the news...Read More

IN CASE YOU MISSED IT: 5 key stories from July 17

July 20, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Friday July 17 that are worth another look.Imports of long products to the European Union dropped during the first four months of 2020 year on year due to the toxic combination of the effect of Covid-19 on consumption and rising protectionism.It has not been an easy year so far for Peru's zinc and lead mining companies after the coronaviru...Read More

IN CASE YOU MISSED IT: 5 key stories from July 17

July 20, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Friday July 17 that are worth another look.Imports of long products to the European Union dropped during the first four months of 2020 year on year due to the toxic combination of the effect of Covid-19 on consumption and rising protectionism.It has not been an easy year so far for Peru's zinc and lead mining companies after the coronaviru...Read More

CAUTION: Don't Buy These 2 Rallying Metal Stocks Right Now

July 20, 2020 / www.fool.ca

The S&P/TSX Composite Index started this week on a mixed note after posting gains for the previous three weeks in a row. This morning, the Canadian stock market benchmark was trading with a minor 0.1% gains. As investors continue to remain focused on updates related to the COVID-19 vaccines, the broader market is expected to trade with heightened volatility.The ongoing pandemic is continuing t...Read More

Millennials: This TSX Gold Stock Should Recession-Proof Your Portfolio!

July 20, 2020 / www.fool.ca

The C.D. Howe Business Cycle Council reported on May 1, 2020 that Canada has officially entered a recession in the first quarter of 2020. While there are signs of recovery, the Council has said, “The decision to declare a recession with a February peak is based on preliminary data available as of April 30, 2020. Members of the Council pointed out that further GDP revisions will occur, which...Read More

Silver price hits highest level since 2016

July 20, 2020 / www.mining.com

Image by Helmut Eppel from Pixabay. Silver prices are latching onto gold's rally, reaching their highest levels since 2016 on Monday, as concerns about the global economy and market dynamics continue to shift investor attention towards safe haven metals.Spot silver advanced 4.3% to $19.90 an ounce by 4:00 p.m. EDT, while silver futures on the Comex exchange surpassed the $20 an ounce mark for the...Read More

Endurance Gold shares up on expansion at Reliance

July 20, 2020 / www.mining.com

Reliance property, British Columbia. Image by Endurance gold. Endurance Gold (TSXV:EDG) announced on Monday a 67% increase in the size of Reliance property in southern British Columbia, from the initial 673 hectares up to 1,122 hectares.The property is located 4 kilometres east of the village of Gold Bridge, and 10 kilometres north of the historic Bralorne-Pioneer gold mining camp which produced...Read More

Gold price climbs again after Citi says record is "matter of time"

July 20, 2020 / www.mining.com

Gold is so hot right now. Image: Newmont Goldcorp. The rally in the gold price regained momentum on Monday as investors continue to pile into hard assets amid a flood of easy money on financial markets in the developed world and expectations of a prolonged period of ultra-low interest rates and currency debasement.Gold for delivery in August, the most active contract on the Comex market in New Yo...Read More

Discovery Metals drills high-grade at Cordero, shares up

July 20, 2020 / www.mining.com

Discovery Metals' Cordero silver project in Chihuahua state, Mexico. Image from Discovery Metals. Discovery Metals has released results from eight holes completed at its Cordero project in Chihuahua state in Mexico, including 1.4 metres grading 1,907 g/t silver-equivalent (700 g/t silver, 0.74 g/t gold, 16.1% lead and 14% zinc) in its first hole testing the 1.2-km-long Todos Santos vein trend at...Read More

Radisson hits high grades at historic O'Brien mine

July 20, 2020 / www.mining.com

Miners in the historic O'Brien mine in the 1950s, where Radisson Mining Resources is exploring for gold. Image from Radisson Mining Resources. Drill results from Radisson Mining's wholly owned O'Brien project in Quebec include high-grade intercepts from areas below current resource boundaries and from zones around the existing deposit.The past-producing O'Brien project is within the Bousquet-Ca...Read More

Finland explorer cashes up

July 20, 2020 / www.mining-journal.com

Institutions and sophisticated investors will pay 12.5c per share. The fundraising comes after S2 kicked-off a 10-12 hole diamond core drilling campaign in Finland earlier this month.Read More

Another Major Bank Joins Gold Bulls

July 20, 2020 / www.energyandcapital.com

Citigroup is the latest major bank to join the gold bulls. In the bank's 3Q commodities outlook, Citigroup says it expects gold prices to break alltime price records within the next six to nine months. And it believes there's a 30% chance gold will top $2,000 in the next three to five months.At last look, gold for August delivery was trading at $1,820 an ounce.Citing the Fed's loose monetary polic...Read More

Yamana Gold seeks London stock listing to increase access to European investors

July 20, 2020 / www.canadianinvestor.com

Share this articleTORONTO - Canadian precious metals miner Yamana Gold Inc. says it is in the advanced stages of listing its shares on the London Stock Exchange.It is currently listed on the New York Stock Exchange and the Toronto Stock Exchange.It says a listing in London will increase its exposure to potential European investors who have few other large gold producers to choose from.It says it...Read More

Gold Market Update - on point of breakout against the US Dollar...

July 20, 2020 / news.goldseek.com

After a measured advance in recent months gold looks on for a breakout to new highs soon. On its latest 11-year chart we can see that, with the Bowl boundary steepening to become near vertical, it could rise very rapidly and very soon, which fits with the most seasonally bullish time of year for gold that we are now entering.Larry's stunning gold chart shows the price ascending the extreme right...Read More

This Time, the Shoeshine Boy Has Actual Skin in the Game

July 20, 2020 / news.goldseek.com

The shoeshine boy is not just giving customers stock tips these days; rather, he is jumping on hot stocks himself, scalp-trading three or four shares of Tesla, at $1500 a copy, in his Robinhood.com account. That's all the stock these penny-ante schemer-dreamers can afford, and it is why it is not the metaphorical bootblack operating out of his parents' basement who has been driving a handful o...Read More

Bill Fleckenstein, Grant Williams, and Jim Grant: The End Game

July 20, 2020 / marketsanity.com

Bill and Grant welcome the legendary Jim Grant, founder and editor of Grant's Interest Rate Observer, and author of a number of stupendous chronicles of both financial history and those who helped shape it. The three discuss the importance of historical parallels to today's somewhat bemusing coin shortage before digging deeper into the past to examine previous inflationary episodes and discuss wha...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok