Current News

  • Texas building gold depository with $100B capacity and security that rivals Fort Knox

    Texas building gold depository with $100B capacity and security that rivals Fort Knox

    Texas lawmakers created a new storage option for miners when they signed off on building America’s first state-backed gold depository in 2015. The Texas Bullion Depository, currently under construction and with the capacity to house physical gold valued in excess of $100 billion will be the most secure facility outside …Read More »
  • Bankrupting Coffee Shops – Precious Metals Supply and Demand

    Bankrupting Coffee Shops – Precious Metals Supply and Demand

      Coffee, Milk and Gold Last week was holiday-shorted due to Good Friday (it’s not an official holiday in the US, but it is in the UK. And this week’s report is a day late due to Easter Monday). The price of gold dropped $15, but the price of silver …Read More »
  • Noront updates progress at McFaulds No.8 VMS discovery

    Noront updates progress at McFaulds No.8 VMS discovery

    Toronto-based Noront Resources, 85% owner of the McFaulds volcanogenic massive sulphide property in the Ring of Fire, has completed a 2,059-metre copper-zinc focused program at the No.8 deposit. (KWG Resources holds the other 15% of the project.) Hole MCF-19-102 did not intersect massive sulphide, but returned a very respectable 20.0 …Read More »
  • Graff creates 302-carat emerald cut stone from 1,109-carat Lesedi La Rona

    Graff creates 302-carat emerald cut stone from 1,109-carat Lesedi La Rona

    In November 2015, Vancouver-based Lucara Diamond Corp. announced that it had recovered a 1,111-carat diamond – the second largest, gem quality stone ever found in the world – from its Karowe mine in Botswana. Following a country-wide contest, the stone was named Lesedi La Rona – meaning “our light”. Lucara …Read More »
  • Probe Metals has potential to attract 'acquisition interest', BMO says

    Probe Metals has potential to attract 'acquisition interest', BMO says

    BMO Capital Markets has initiated coverage of Probe Metals (TSXV: PRB) with an outperform rating and a C$2.00 target price—double its current share price of C$0.98. By Tuesday afternoon, the Canadian miner's stock was up 7.37% on the TSX, trading at C$1.02. The company has a C$112.8 million market capitalization. …Read More »
  • Exclusive KE Report Commentary – Tue 23 Apr, 2019

    Exclusive KE Report Commentary – Tue 23 Apr, 2019

    Earnings Driving US Markets and Precious Metals Continue To Drift Lower Ed Moya, Chief Market Strategist at Oanda joins me today to share his thoughts on the strong earnings that were released today. This is helping drive the US market to within 1% of all time highs. We are also …Read More »
  • The fallacies of the Democrats

    The fallacies of the Democrats

    Written by: Cal Thomas Objectivity, like Elvis, long ago left the building in Washington and so the report by Special Counsel Robert Mueller is being read and interpreted through mostly biased eyes. Democrats, who had counted on Mueller to prove that the Trump campaign colluded with Russia, were initially as …Read More »
  • Company Updates From Management – Tue 23 Apr, 2019

    Company Updates From Management – Tue 23 Apr, 2019

    Riverside Resources – Overview Of The Project Portfolio, Partner Funded Programs, and A Company Drill Program Being Panned Riverside Resources is a well established prospect generator that has been around for 13 years and never done a share rollback. With around 63 million shares outstanding they are a good example …Read More »
  • Interview: Gold not in Uptrend

    Interview: Gold not in Uptrend

    As Jordan explained to us last month, we’re still not seeing higher highs and higher lows in the gold price. His opinion was again confirmed. Every time gold approaches $1350 per ounce, there’s a dramatic pullback. Until gold breaks this key resistance point, with conviction, not much is going to …Read More »
  • 6th Wave, CyPlus sign representation deal for gold extraction nanotechnology

    6th Wave, CyPlus sign representation deal for gold extraction nanotechnology

    6th Wave Innovations has signed sales and marketing agreement for its IXOS nanotech gold extraction resin with CyPlus GmbH of Germany. CyPlus will represent 6th Wave in Mexico, Europe, Turkey and Egypt. IXOS resin provides a eco-friendly means of gold recovery. Each IXOS bead is imprinted at the molecular level …Read More »
  • Aurania Resources receives C$3m loan from chairman, CEO

    Aurania Resources receives C$3m loan from chairman, CEO

    Keith Barron, who owns 53% of the outstanding common shares of Aurania Resources (TSXV: ARU), has agreed to loan the company up to C$3 million to support exploration at its 100%-owned Los Cities gold project in Ecuador. The chairman and CEO also participated in the company’s rights offering in March …Read More »
  • Westhaven stock takes hit after Shovelnose drill results

    Westhaven stock takes hit after Shovelnose drill results

    Shares of Westhaven Ventures Inc. (TSX-V: WHN) took a hit on Monday morning, down over 12% at market open and at one point traded at a six-month low of C$0.60. The company's market capitalization sits at just over C$57 million. Earlier, the company had released results from its ongoing drill …Read More »
  • Exclusive KE Report Commentary – Mon 22 Apr, 2019

    Exclusive KE Report Commentary – Mon 22 Apr, 2019

    Introducing a New Guest Andy Hecht – Fundamental Comments on Gold, Silver and Oil Any Hecht is well known for his commodity commentary on Seeking Alpha and now has joined Avi Gilburt on his new site F.A.Trader. I chatting with Andy today about the range bound precious metals trade and …Read More »
  • Economic Green Shoots Anticipate Trade Deal Bloom

    Economic Green Shoots Anticipate Trade Deal Bloom

    By Kurt Kallaus Apr 22 – In 2018, the U.S. economy expanded beyond its sustainable production capacity, juiced by massive tax cuts and global preordering ahead of Trump’s tariff hikes. As winter approached... ...read moreRead More »
  • Uber v.s. Taxi: Which Saves You More?

    Uber v.s. Taxi: Which Saves You More?

    This post Uber v.s. Taxi: Which Saves You More? appeared first on Daily Reckoning. If you’ve been following the news lately, you’ve heard that popular ride-hailing app Uber is planning to go public. Uber is reportedly seeking to raise about $10 billion in a deal that could value the ride-hailing …Read More »
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