Labor Day weekend is over, and the election is just over two months away. Is the U.S. economy in a recession as election season enters full swing?There's a mountain of data suggesting the answer is yes, or if we're not in a recession, we soon will be. We'll explore this data below but let's begin with the (supposedly) most powerful force in the U.S. economy the Federal Reserve.On Aug. 23, Fed Ch...Read More
LONDON, 12 September 2024 - Analysis from BullionVault features today in a report on the record-high price of gold published on the German-language edition of global news portal MSN."Speculative investors are increasingly betting on rising gold prices," says the report, quoting director of research Adrian Ash, who "sees this as the main reason for the current rally."Read the full story - first pub...Read More
The CPI data isgoing to be released today, so the markets are tense.Gold'sGains Limited by Short-Term ResistanceGold moved slightly higher, but thevery short-term resistance line based on the previous highs keeps gold’s gainsin check. The fact that goldalready confirmed the breakdown below its rising wedge channel makes the following declines likely from the short-term point of vie...Read More
The CPI data isgoing to be released today, so the markets are tense.Gold'sGains Limited by Short-Term ResistanceGold moved slightly higher, but thevery short-term resistance line based on the previous highs keeps gold’s gainsin check. The fact that goldalready confirmed the breakdown below its rising wedge channel makes the following declines likely from the short-term point of vie...Read More
The CPI data isgoing to be released today, so the markets are tense.Gold'sGains Limited by Short-Term ResistanceGold moved slightly higher, but thevery short-term resistance line based on the previous highs keeps gold’s gainsin check. The fact that goldalready confirmed the breakdown below its rising wedge channel makes the following declines likely from the short-term point of vie...Read More
The CPI data isgoing to be released today, so the markets are tense.Gold'sGains Limited by Short-Term ResistanceGold moved slightly higher, but thevery short-term resistance line based on the previous highs keeps gold’s gainsin check. The fact that goldalready confirmed the breakdown below its rising wedge channel makes the following declines likely from the short-term point of vie...Read More
The alliance between Robert F. Kennedy Jr. and Donald Trump is many things.But first it's an all-clear signal to a large class of less-than-fully brain-damaged Americans that it's OK to quit being insane. As you know, this election is no longer a battle between the political left and right. It's an epic struggle-session between the sane and the insane.You just witnessed the Democratic convention n...Read More
In light of Lake Victoria Gold Ltd.'s (LVG:TSXV) most recent news, analysts at Atrium Research reiterated their Buy rating.Atrium Research analysts Ben Pirie and Nicholas Cortellucci, in a research report published on September 10, 2024, provided an update on Lake Victoria Gold Ltd. (LVG:TSXV) following the company's announcement of exploration activities by Barrick Gold Corp. (ABX:TSX; GOLD:NYSE)...Read More
Denver Gold Group's 36th Annual Gold Forum Americas 2024 Conference, September 15-18, 2024CHEYENNE, Wyo., Sept. 11, 2024 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU), a gold exploration and development company, is pleased to announce it will be attending the Gold Forum Americas 2024 Conference (the "Conference") at the Broadmoor Hotel & Reso...Read More
World Copper Ltd. (WCU:TSX.V; WCUFF:OTCQX; 7LY0:FRA) announced an updated and expanded Mineral Resource Estimate (MRE) for its Zonia copper-oxide deposit in Arizona. Demand for the red metal could double by 2035, according to research.World Copper Ltd. (WCU:TSX.V; WCUFF:OTCQX; 7LY0:FRA) has announced an updated and expanded Mineral Resource Estimate (MRE) for its Zonia copper-oxide deposit in Ariz...Read More
With the U.S. Forest Service's authorization of the mine plan for this "highly strategic asset," the federal permitting process for the project could be done by year-end, noted a Cantor Fitzgerald report.Perpetua Resources Corp.'s (PPTA:TSX; PPTA:NASDAQ) 2021 Modified Mine Plan for its Stibnite gold-antimony project in Idaho was approved by the U.S. Forest Service (USFS), reported Cantor Fitzgeral...Read More
News Update John Newell explains how the best place to find gold is in the shadow of a headframe, and shares one company that checks that box, a company he believes to be a compelling junior exploration stock.***In light of the September 10, 2024 news release, John Newell sent us an update***Golden Cariboo Resources Ltd. has just delivered an exciting milestone with its latest drill results from...Read More
Gold equivalent production outlined in this updated report is 32% higher than in the previous iteration, noted a Hannam & Partners report.Thesis Gold Inc.'s (TAU:TSXV; THSGF:OTCQX; A3EP87:WKN) target price was raised by Hannam & Partners analyst Phil Ker to CA$2.48 per share from CA$2.04 following the release of the updated preliminary economic assessment (PEA) encompassing both Lawyers and Ranch...Read More
This federal authorization is "validation of a vital project" that could become the country's only domestic antimony supplier, noted a ROTH Capital Partners report.Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) got a 20% boost to its target price by Roth MKM, to US$12 per share from US$10, on the news the U.S. Forest Service (USFS) authorized the mine plan for the Stibnite gold-antimony project...Read More
This we learn from the United States Bureau of Labor Statistics:American productivity has increased 62% since 1979.But average real hourly pay (adjusted for inflation, that is) has scarcely increased 17% across the same space.That is, productivity has run 3.5 laps around wages since 1979.Thus the average American worker finds himself a hamster upon a wheel... jogging largely in place.Here our co-f...Read More
While Dryden Gold Corp. (TSXV:DRY; OTC:DRYGF) is now at a higher price, Technical Analyst Clive Maund still believes the stock is a Strong Buy.We bought Dryden Gold Corp. (TSXV:DRY; OTC:DRYGF) at a good entry point back in the middle of May, and although it is at a somewhat higher price now, it remains a Strong Buy here for both fundamental and technical reasons.Before proceeding to review the lat...Read More
Breaking News Prosper Gold Corp. (PGX:TSX.V; PGXFF:OTC) has reported the results from a comprehensive ZTEM geophysical survey conducted at its Cyprus Project in north-central British Columbia. Read to find out why these results are getting attention.Prosper Gold Corp. (PGX:TSX.V; PGXFF:OTC) has reported the results from a comprehensive ZTEM geophysical survey conducted at its Cyprus Project in n...Read More
Newsletter Update With this morning's news, Technical Analyst Clive Maund shares his updated thoughts on Prosper Gold Corp. (PGX:TSX.V; PGXFF:OTC), which he still believes is a Buy.Prosper Gold Corp. (PGX:TSX.V; PGXFF:OTC) was the subject of an update as recently as August 16, and it is therefore not necessary to repeat what was set out there, which can be read by following the link above.The rea...Read More
Technical Analyst Clive Maund shares his thoughts on the current state of the U.S. Dollar and how it might impact the gold market. Because it has such massive implications for just about everything, today we are going to review the charts for the dollar index.Starting with the long-term 20-year chart, the first point to make is that, given the rampant money creation by the Fed and the grim economi...Read More
John Newell of John Newell & Associates explains why Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) presents a compelling investment opportunity within the junior mining space.Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) is focused on identifying, reviewing, and acquiring late-stage copper, silver, and gold assets in response to the growing global demand and diminishing supply of precious...Read More