High grade silver sample from Castle mine. Image from Canada Cobalt Works. Canada Cobalt Works (TSXV: CCW) announced Friday that assays from the second wedge hole at the Robinson Zone at Castle East, a new grassroots high-grade discovery in Ontario adjacent to three past producers, have returned 70,380 g/t silver (2,053 oz/ton) over 0.30 meters within a broader zone of 1.4 meters 20,136 g/t...Read More

Fosterville operation in Australia. Photo by Kirkland Lake Gold Kirkland Lake Gold (TSX, NYSE: KL) has announced record gold production for the fourth quarter and full year 2019. Production in Q4 2019 reached 279,742 ounces, an increase of 21% from the 231,217 ounces for the same period in 2018, driven mainly by record quarterly production at the Fosterville mine in Australia.Full-year production...Read More

Strong drill results have confirmed & expanded the Bend Vein target on Scottie Resources' 100% controlled Bow property. During September, the Company completed 878 meters of diamond drilling, two km NE of the 100%-owned past-producing Scottie Gold Mine located in the Golden Triangle ("GT") of northwest British Columbia, Canada.Readers are reminded that Scottie Resources Corp. (TSX-V: SCOT) ow...Read More

Significant power disruptions and adverse weather saw Tharisa produce 342,500 tonnes of chrome concentrate (up 0.2%) and 34,400t of PGMs (down 9.5%) in Q4.Read More

GoviEx Uranium Inc. (TSX-V: GXU; OTCQB: GVXXF) https://www.goviex.com/ is a mineral resource company, focused on the exploration and development of uranium properties in Africa. GoviEx's principal objective is to become a significant uranium producer, through the continued exploration and development of its flagship mine-permitted Madaouela Project in Niger, its mine-permitted Mutanga Project in Z...Read More

The U.S. liquefied natural gas (LNG) market is the fastest-growing and most potentially profitable sector of fossil fuels for both individual investors like you and me and the American economy as a whole. It's big.But there's one major obstacle that threatens to disrupt the U.S. LNG market over the next few years: Russia.Let me back up for a moment...LNG is a recently developing market. But it is...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 383,48061,189139,363202,452558,533725,295759,085 Change from Prior Reporting Period 1,8607,494-1,248-473-10,883139-4,637 Traders 23670875458324185 Small Speculators LongShortOpen Interest 60,56226,772785,857 -4484,328-309 non reportable positionsChange fr...Read More

- Richard (Rick) MillsGold's safe haven status was tested this week, as Iran countered the assassination of its top military commander with missile strikes against two Iraqi bases housing US troops.On Tuesday night Tehran fired over a dozen missiles at the Al-Asad airbase and Erbil airport, in obvious retaliation against an American drone strike a few days earlier that killed General Qasse...Read More

Gold dramatically surged to major new secular highs this past week, fueled by stunning geopolitical news. The US assassinated Iran's top general, so Iran fired ballistic missiles at military bases in Iraq used by the US. That naturally ramped gold bullishness, spawning all kinds of predictions for much-higher prices. But geopolitically-driven gold spikes never last long, and the gold buy...Read More

- Rob KirbyDuring the run-up to year end, the narrative being fed to the population by the Wall St./Fed crowd was that massive liquidity [cash] injections were required in the banking system to ensure there were no "accidents" over the "turn" of the year end calendar to 2020. We've all been treated to some pretty sophisticated technical explanations by Wall Street and Fed mavens about the in...Read More

- Gary TanashianOnce again I have to disclaim that at the moment (and for quite some time now) I hold not one single short position, in anything. I am only long US and global stocks. But also managing cash and portfolio balance as usual while feeling as though I'm playing a game of Musical Chairs while the music still plays (nothing nearly as good as Keith's style, which has always resonated w...Read More

By: Avi GilburtOriginally published on Sat Jan 4 for members of ElliottWaveTrader.net: Back in October and early November, I was preparing our members for the next rally phase I was expecting in the metals complex. And, when the 144-minute MACD on the silver chart signaled a bottom in early December, I noted it was no longer time to look down, but we need to be looking higher in a more s...Read More

By: Ira EpsteinGold needs an impetus in the near-term to get gold back to early week highs:Read More

Traders will either close short positions or go long on the weekend. Iranian risk is there. My initial reaction after the news of Ukrainian airlines crash in Tehran was that of a missile hit. I may be right. USA, Canada and UK are all now saying that Ukrainian airlines was hit an Iranian missile. In my view missile may or may not be Iranian. NATO/USA has started the escalation of war like situat...Read More

We didn’t haveto wait long for Iran’s response. After the missile attack on U.S. bases inIraq, gold briefly soared above $1,600. What should we expect next? Iran Retaliates, Gold RalliesOn Tuesday, I wrote that “given thatSoleimani was widely seen as the second most powerful figure in Iran, we shouldexpect a response.” And, indeed, it arrived before too long. On Wednesday,...Read More

The new year of 2020 has gold is poised to break out higher. Why is gold going higher? Maybe the FED's economists can explain .... or not.Maybe these could be on the list:- FED repo hundreds of billions a day.- ECB made up tools to keep the European banks solvent.- A sugar high stock market with Apple Inc and Microsoft looking like Bitcoin 2017.- The US bond market is NOT confirming a strong stock...Read More

Many people believe the price of Gold will need to fall to support Institutional short positions.  We don’t believe this is the case.  The Commitment Of Traders (COT) Data suggests Commercial Hedgers have a large and growing shot position that is a very positive sign for a continued rally in Gold and Miners looking forward months from now.Don’t think about COT data like every...Read More

So,did U.S. and Iran just become best friends?Gold’shuge reversal and a decline of about $50 in 24 hours might certainly suggest soto those, who choose to follow the news instead of estimating market’s movesusing more reliable tools.Ofcourse, the two countries are not on friendly terms at this time. So, whathappened that gold declined so much, so fast? Let’s start with going over...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 383,48061,189139,363202,452558,533725,295759,085 Change from Prior Reporting Period 1,8607,494-1,248-473-10,883139-4,637 Traders 23670875458324185 Small Speculators LongShortOpen Interest 60,56226,772785,857 -4484,328-309 non reportable positionsChange fr...Read More

- Richard (Rick) MillsGold's safe haven status was tested this week, as Iran countered the assassination of its top military commander with missile strikes against two Iraqi bases housing US troops.On Tuesday night Tehran fired over a dozen missiles at the Al-Asad airbase and Erbil airport, in obvious retaliation against an American drone strike a few days earlier that killed General Qasse...Read More