Peter Epstein of Epstein Research discusses the strategic investment this gold explorer just received. Drilling Operations at Rozino ProjectVelocity Minerals Ltd. (VLC:TSX.V; VLCJF:OTCQB), the Bulgarian gold exploration and development company, with a strong PEA on its Rozino project, and six additional near-surface gold prospects, announced a key strategic investment by Atlantic Gold Corp. (TSX-...Read More
The company now has easy access to essential equipment it can use at a lower cost. Mining in Fiji Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) announced in a news release it acquired Geodrill's drilling equipment to use on its Tuvatu gold project in Fiji. The assets Lion One purchased from the Nadi, Fiji-based exploration drilling company include two diamond drill rigs, one surface and one under...Read More
This new capability will help the company develop business. SRG Graphite Inc. (SRG:TSX.V) produced its first 95% graphite samples at its metallurgical laboratory located at its Lola project in Guinea, West Africa, it announced in a news release. Following commissioning of the facility and training of the lab technicians by Quebec-based SOUTEX, the on-site team now can produce graphite concentra...Read More
A top priority now is confirming historical reports of mineralization are accurate. TerraX Minerals Inc. (TXR:TSX.V) recovered 16,000 meters of historical core from holes drilled on its Yellowknife City property, which reveal visible gold, it announced in a news release. Past drill logs for this core note that "several holes showed significant gold intersections.""Acquiring core with visible gol...Read More
The goals of this Canadian firm's ongoing drilling efforts are to define more ounces and connect zones. Liberty's Goldstrike ProjectLiberty Gold Corp. (LGD:TSX) announced in a news release results from further infill and stepout reverse circulation drilling along the southern border of its Goldstrike project in the Great Basin. These findings come from additional holes that were drilled to test...Read More
CloseGain/LossGold $1291.80-$1.50Silver$15.53-$0.06XAU69.53-0.01%HUI153.79+0.06%GDM578.47+0.31%JSE Gold1353.59+32.94USD96.05-0.02Euro113.91-0.05Yen91.77-0.17Oil$52.07-$0.2410-Year2.746%+0.025T-Bond145.1875-0.28125Dow24370.10+0.67%Nasdaq7084.46+0.71%S&P2635.96+0.76% The Metals: Gold chopped between $1291.40 and $1295.00 in Asia before it dipped to $1288.90 by midmorning in...Read More
71 days. That’s all that separates us from the Brexitdeadline. And the UK has still no clear path forward exiting the EU. Does goldhave one? Today's analysis features possible scenarios for theUK and for gold along with their likelihood. In the current politicalsituation, it's a must-read.Parliament RejectsMay’s Brexit DealOn Tuesday, the UK Parliament voted on Theresa May’sBrexi...Read More
CloseGain/LossGold $1291.80-$1.50Silver$15.53-$0.06XAU69.53-0.01%HUI153.79+0.06%GDM578.47+0.31%JSE Gold1353.59+32.94USD96.05-0.02Euro113.91-0.05Yen91.77-0.17Oil$52.07-$0.2410-Year2.746%+0.025T-Bond145.1875-0.28125Dow24370.10+0.67%Nasdaq7084.46+0.71%S&P2635.96+0.76% The Metals: Gold chopped between $1291.40 and $1295.00 in Asia before it dipped to $1288.90 by midmorning in...Read More
By Ira EpsteinGold looks poised to breakout to the upside. Silver fell to key support today.https://www.iraepstein.com/ Read More
By Stefan GleasonNever in our lifetimes has American politics been so marked by division and dysfunction.The longest partial government shutdown in history occurred after the Democrat-controlled Congress wouldn't compromise with President Trump on a border wall. The impasse is but one symptom of a deeper malady - one that threatens to wreak wider social and financial instability in the years ahe...Read More
By Dave KranzlerThe post-Christmas stock rally extended through Wednesday as the small-cap and tech stocks led the way, with the Russell 2000 up 14.3% and the Nasdaq up 12.5%. The SPX and Dow are up 10.4% and 10.1% respectively. During the stretch between December 26th and January 17th, the Russell 2000 index experienced only two down days.Make no mistake, this is primarily a vicious short-cover...Read More
Cheyenne, Wyoming (January 17, 2019) - A group of Wyoming legislators have introduced three bills this week to de-risk the state's financial holdings with modest allocations to physical gold and silver in the state's pension fund, reserve fund, and mineral trust fund.Introduced by Representative Roy Edwards (R-Gillette) and co-sponsored by 15 others, the Wyoming Sound Money Trust Act (HB 174) em...Read More
As part of Merk's in-house research we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized click-bait. In sharing this content, we offer a cross-check to your own thinking and aim to add value to your own...Read More
By David Haggith In a surprisingly candid admission, two former Federal Reserve chairs have stated that the Federal Reserve alone is responsible for creating all recessions in the United States.First, former Fed Chair Ben Bernanke said thatExpansions don't die of old age. They get murdered.MarketWatchTo clarify this statement, former Chair Janet Yellen placed the murder weapon in the Fed's hands...Read More
71 days. That's all that separates us from the Brexit deadline. And the UK has still no clear path forward exiting the EU. Does gold have one? Today's analysis features possible scenarios for the UK and for gold along with their likelihood. In the current political situation, it's a must-read. Parliament Rejects May's Brexit Deal On Tuesday, the UK Parliament voted on Theresa May's Brexit de...Read More
Although Rick's Picks was itching to short into strength as Wednesday began, we stepped aside when buyers came on stronger than expected. Their bravado didn't last long, however, and by day's end bulls looked spent. Even so, the intraday highs easily exceeded some short-term rally targets (see chart inset), implying that a moderate pullback from these levels should be regarded as a buying opport...Read More
For first time in over 16 years, palladium futures settle at a premium to gold futuresGold futures on Wednesday resumed their climb toward the psychologically important price of $1,300 an ounce, settling at their highest in nearly two weeks on the back of political turmoil in the U.K. and U.S.Caution among traders had deepened "ahead of a no-confidence vote on British Prime Minister Theresa May'...Read More
COMEX FUTURES REPORTThe Brexit vote is over. Theresa May survives. Her next moves will be closely watched. Political uncertainty will result in gold trading with a firm bias. Traders will now start taking positions for Tuesday as Monday is a holiday in the USA. The US dollar is firm due to its safe haven status over the Pound and Euro. Focus will now be on economic data releases and its impact...Read More
CloseGain/LossGold $1291.80-$1.50Silver$15.53-$0.06XAU69.53-0.01%HUI153.79+0.06%GDM578.47+0.31%JSE Gold1353.59+32.94USD96.05-0.02Euro113.91-0.05Yen91.77-0.17Oil$52.07-$0.2410-Year2.746%+0.025T-Bond145.1875-0.28125Dow24370.10+0.67%Nasdaq7084.46+0.71%S&P2635.96+0.76% The Metals: Gold chopped between $1291.40 and $1295.00 in Asia before it dipped to $1288.90 by midmorning in...Read More
VANCOUVER, BRITISH COLUMBIA / January 17, 2019 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / OTCQB: MGXMF / FSE: 1MG) and engineering partner PurLucid Treatment Solutions ("PurLucid") are pleased to report commissioning results from its commercial-scale 5m3 per hour (750 barrel per day) NFLi-5 advanced wastewater treatment system. The system is currently operating and under...Read More