An article in Canada's french La Press today announced that Canada had fiished selling off its gold reserves. The last time a country sold their gold it was England at US$275 per ounce in 2002. It turned out to be a bottom (the worst time to sell) as it is now around US$1700 per ounce. Let's see if history repeats itself. I have always been on the record to support assets with no counter party ris...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort287,38224,65344,448114,902408,531446,732477,632Change from Prior Reporting Period 5,119-8,0393,519-1,90611,6506,7327,130Traders20354715959290159 Small Speculators (C) GoldSeek.com LongShortOpen Interest 54,08423,184500,816 9265287,658 non reportable positionsChange from the pr...Read More
The Coronavirus / covid-19 pandemic is the biggest hoax in the history of the world. Billions of people across the globe have been duped and allowed themselves to be subjected to tyranny because of a spook.As you will learn when you follow the links below, the figures for cases and deaths caused by Covid-19 are largely fraudulent and grossly inflated - the product of distortion, exaggeration and...Read More
By Richard (Rick) Mills What exactly does it mean when pundits say that gold is a "store of value" and "hedge against inflation"? In this article we're diving deep into these questions and discussing how gold has performed over time, not only measured in US dollars but in other currencies. The latter is important, after all, since 95% of the world uses a form of currency other than the USD in t...Read More
By Mike Gleason Precious metals markets enter the month of May with some mixed signals near term. But the long-term picture continues to look constructive. All the metals appear to have put in major bottoms during the panic selling of mid to late March. Barring another wave of virus outbreaks and economic lockdowns, the gradual reopening of state, local, and national economies should star...Read More
By: Ira EpsteinGold market has backed off here. Not pretty on the chart action on gold..Read More
(IDEX Online) - Polished diamond prices for April were largely in line with last month, with only small fluctuations and little in the way of dramatic movement. The majority of both rounds and fancies remained unchanged. Movement across the board was a mix of modest rises and falls, rarely above three per cent.HIGHLIGHTS Rounds 0.50-0.69 ct. G-I / VVS1&nbs...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesIt is a much needed boost for Kopore, which had just $89,000 cash at the end of March, and will allow it to concentrate on its holdings in Botswana.Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesSeven ways the resources sector can survive the COVID-19 crisisSPONSOREDproudfootCEO Kevin Keough told a virtual Metal Investor Forum this week he was extremely bullish about the compan...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 60 points in pre-opening trade. Amazon dropped $125.00 to $2,349.00 after lowering second quarter guidance. Apple plunged $8.80 to $285.00 after declining to offer fiscal third quarter guidance. Visa lost $2.03 to $176.69 after lowering second quarter guidance.Amgen gained $3.78 to $243.00 after reporting higher than...Read More
PRIVATE BLOG - Gold & April ClosePrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
Perseus Mining (TSX: PRU; ASX: PRU ) is building its second open-pit mine in Cote d'Ivoire and its third in West Africa, and expects to pour first gold in December despite the COVID-19 pandemic.Once built, Yaoure will produce 215,000 oz. gold per year at all-in sustaining costs (AISCs) of US$734 per oz. over the first five years of an initial 8.5 year mine life.On a recent conference call, manag...Read More
A key result of the grip of the coronavirus is the severe disruption to the commodity markets on both sides of the supply chain. A major issue that has affected gold has been the lack of airline flights, resulting in a false market tightness and bloated contangos. In terms of overall price action, during these times of distress (notably the equity markets' slump in March) gold has behaved in its n...Read More
VANCOUVER - Shares of Mag Silver (TSX: MAG; NYSE-AM: MAG) gained as much as 31% to a several month high of $17.87 on the TSX following news of precious metals sector financier Eric Sprott investing $60 million into the soon-to-be silver producer.The $60-million equity placement saw Sprott buy 4.528 million common shares of Mag Silver at $13.25 apiece to top up the company's treasury from the US$72...Read More
COVID-19 has impacted the mining industry across the globe as governments enforce lockdowns and quarantines and companies halt operations because workers and contractors can't get on-site due to restrictions.S&P Global Market Intelligence in a new report tallies the impact of these mine closures, showing Africa and the Americas hardest hit in terms of the number of suspended operations.South Afric...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesSeven ways the resources sector can survive the COVID-19 crisisSPONSOREDproudfootBut the almost complete disappearance of ESG from miners' vocabulary in recent weeks is cause for concer...Read More
A look at the top moments from new New Orleans Saints QB Tommy Stevens from his time at Penn State. #PennStateNittanyLions#NCAAFootballSUBSCRIBE to Big Ten Network on YouTube and enable alerts - new highlights and videos uploaded daily: http://www.btn.com/youtubeMore from Big Ten football/basketball/other sports: http://www.btn.comWatch live games and replays from Big Ten sports with BTN +: http:/...Read More
Fed President Robert Kaplan just gave his take on stimulus!! Investing & Negotiating, use 32% off code ?? ?,?MoneyFromHome?? ?,? expires tonight! https://metkevin.com/program ??? Life: https://metkevin.com/ladder ??'?Free Stocks: https://metkevin.com/webull??? ??? Get the Life Insurance Kevin Has in 5 Minutes: https://metkevin.com/ladder ??? ??? ??"???"?3d Camera Kevin Uses (Save Sales Tax): https...Read More
RollerCoaster Tycoon 3 but everyone in my park gets killed, probably for the bestMy Patreon: https://www.patreon.com/callmekevinTwitch: https://www.twitch.tv/callmekevinMerch: https://kevin.fanfiber.com/Twitter: http://twitter.com/CallMeKevin1811Instagram: https://www.instagram.com/callmekevin...Edited by @Kippesoep001, @TropicalFreeze2 and KevinPatreon Producers ?(TM)?_anightonmars A_Lovecraftian...Read More
New stimulus check proposal! Investing & Negotiating, use 32% off code ?? ?,?MoneyFromHome?? ?,? expiring tonight https://metkevin.com/program ??? Life: https://metkevin.com/ladder ??'?Free Stocks: https://metkevin.com/webull??? ??? Get the Life Insurance Kevin Has in 5 Minutes: https://metkevin.com/ladder ??? ??? ??"???"?3d Camera Kevin Uses (Save Sales Tax): https://metkevin.com/3dcamera????M1Fi...Read More