Thanksgiving Day? You may have it. Christmas Day? You may have it. New Year's Day? Again, you may have it.Today is June 14 Flag Day. It superexceeds them all.Only Independence Day bulks larger in our pulsing patriotic heart.And that heart or what passes for a heart glories today in celebration.After Independence Day, only Constitution Day rivals Flag Day in our hierarchy of holy days.Again,...Read More
Barry Dawes of Martin Place Securities notes that gold is coiling in this slow June period, possibly moving higher soon. Tax loss selling might be a seasonal buying opportunity. S&P 500 exceeds 4300. Bond rally to resume with rising US$. Euro Yen is looking weak again. Silver is looking very strongVery strong market setups. It is very unusual to see such strong setups across so many markets. Curre...Read More
A National Instrument 43-101 technical report filed for Outcrop Silver & Gold Corp.'s flagship Santa Ana project in Colombia noted "there are reasonable prospects of eventual economic extraction of silver, gold, lead and zinc from the deposit."Outcrop Silver & Gold Corp. (OCG:TSX.V; OCGSF:OTCQX; MRG1:DB) has filed a National Instrument 43-101 technical report for the maiden mineral resource estima...Read More
Ron Struthers of Struthers Stock Reports is convinced that the recent correction in the Comex Gold price is about over, as the strong Central Bank buying of physical gold will underpin prices higher on the Comex paper market. Currently, there are very low premiums on gold stocks call options, reflecting how out of favor the sector is.I am convinced that the recent correction in the Comex Gold pric...Read More
Technical Analyst Clive Maund takes a look at Defense Metals Corp.'s year-to-date and 3-year charts to tell you why he believes it is now time to buy.Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) produces Rare Earths in the Americas, so you would think its stock would be doing well, but a glance at its year-to-date chart below shows that it has been in quite a severe decline from its Feb...Read More
Michael Ballanger of GGM Advisory Inc. shares his opinion on the current state of the gold market as the U.S. federal debt rises.Schizophrenia: "the abnormal interpretation of reality."If this was June of 2003, and I were to tell you that in the next twenty years, U.S. Federal debt would rise from US$6.19 billion to US$31.35 trillion, you would probably assume that gold would be somewhat higher.If...Read More
I've written a lot about central bank digital currencies (CBDCs) including the U.S. dollar version that I call "Biden Bucks." The threat from CBDCs is enormous.They are digital (but not true cryptocurrencies), which means they are programmable. The Treasury and Fed can use the CBDC ledger to track your purchases, look at your political contributions, look at your religious affiliations and basical...Read More
FOMO is finally back!Fear of missing out is one of the most powerful forces in the market. When conditions are just right, FOMO latches onto our lizard brains, leading to terrible investing decisions. We chase overbought stocks, fall for dubious stories and scoop up shares of some of the most risky, speculative garbage companies we can find.What could possibly go wrong?Well... everything, of cours...Read More
LONDON, 12 June 2023 - Comment from BullionVault features tonight in the latest gold-market update published at Morningstar, the investment news and ratings service.You can read the full report, first posted at MarketWatch and widely syndicated worldwide to highly popular sites including MSN, at Morningstar here:Gold futures post back-to-back session declines Read More
Ours is a neofeudal economy of financial serfs in servitude to a Financial Aristocracy.The Financial Nobility/Aristocracy own all the debt and the serfs owe the debt to the Aristocracy. The serfs own assets that don’t generate much income, the Aristocracy owns assets that generate trillions of dollars in income.The serfs pay high tax rates if they make above-poverty wages, the Financial Nobi...Read More
The de-dollarization story is everywhere.You see it in publications from The New York Times to The Economist and in financial media including CNBC, Fox Business and Bloomberg.The idea is that countries around the world are preparing to ditch the dollar. This takes many forms including efforts by China to pay for imported oil from Saudi Arabia and the UAE with yuan and a major bilateral agreement b...Read More
Spread the lovePRIVATE BLOG - Gold June Low – Beware of JulyPrivate 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
LONDON, 11 June 2023 - Data, analysis and comment from BullionVault today leads an in-depth article on the case for investing in gold published in the financial pages of the Mail on Sunday, the UK's best-selling weekend paper on public circulation data."The gold price in sterling hit a record high of ?1,653 at the start of May," says the Mail, quoting BullionVault's analysts that gold is most like...Read More
LONDON, 11 June 2023 - Comment and analysis from BullionVault features today in a report on how to protect savings against inflation published in German broadsheet newspaper Der Tagesspiegel."As a rule," the paper quotes director of research Adrian Ash, "gold prices perform well when interest rates on cash or bonds lag behind inflation. This is because gold does not pay interest, but its supply ca...Read More
First Tellurium Corp.'s geophysics work at its flagship Deer Horn project in British Columbia this summer will help the company develop targets for a drilling campaign.First Tellurium Corp. (FTEL:CSE) is conducting geophysics work at its flagship Deer Horn project in British Columbia this summer to help develop targets for a drilling campaign.The project is known to have the only positive prelimin...Read More
The owner of this asset has optimized its proprietary carbon sequestering process such that using it "may result in material capital and operating cost savings," noted a Research Capital Corp. report.Canada Nickel Co. Inc. (CNC:TSX.V; CNIKF:OTCMKTS) has improved its in-process tailings (IPT) technology for capturing carbon during ore processing, which "may prove to be very valuable," reported Rese...Read More
Results from four additional drill holes at its Richmond Hill Project in the historic Homestake District of South Dakota help Dakota Gold Corp. further outline a gold system described as more than a mile in strike length.Results from four additional drill holes at its Richmond Hill Project in the historic Homestake District of South Dakota have helped Dakota Gold Corp. (DC:NYSE American) further o...Read More
Recently, Sierra Madre Gold and Silver announced it had resumed trading on the TSX Venture Exchange. Read here to see what experts are saying, and what the company has planned for the rest of the year.As of June 5, 2023, Sierra Madre Gold and Silver Ltd. (SM:TSX.V) has resumed trading on the TSX Venture Exchange after its shares stopped trading once the company announced the definitive acquisition...Read More
Gold continues backtests in this slow June period. Tax loss selling season. Look for value. Iceni Gold hits some very high +14,000g/t gold grades in a specimen from a reef outcrop at Everleigh Well.Key PointsGoldBreaks up through wedgeAnd does that backtestNew US$ highs coming soonUS$ heading higherRally to 105Euro, Yen, Sterling and Swiss Franc, etc., still look awfulNth Am Gold stocks starting...Read More
Arizona Silver has identified the Upper Vein, a new feature on the Philadelphia Project. Read on to see why the company thinks it is nearing the source of gold.Arizona Silver Exploration Inc. (AZS:TSX; AZASF:OTC) has the results of its core drilling on the Philadelphia gold and silver project. The drilling has further identified some features of the Footwall and Hangingwall, as well as a new vein...Read More