The global gold reserve is limited, and it is noteworthy that Africa is holding a significant quantity of this precious metal. Statistics show that… by Michael Kuchar In this post, we will show you 5 African countries with the richest gold mines. With a worth of over $2,000 per ounce, Gold remains one of the
Gold & Silver
The global stock markets have weakened this Wednesday; Wall Street’s three main indexes extended correction from the recent highs but remain in a bull market. Silver price remains supported by uncertainty over the global economic future, but it cannot stabilize above $26 resistance. Fundamental analysis: Silver price should continue to rise according to analysts Financial
Not only have Gold Eagle sales in the first three weeks of January surpassed last year’s total by a factor of three, but it’s also… by Steve St Angelo of SRSrocco Report Something BIG just happened in the U.S. Mint Gold Eagle Market this month. Not only have Gold Eagle sales in the first three
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) Bitcoin-U.S. dollar prices are solidly lower in early U.S. trading Wednesday. Trading remains very choppy and volatile. Bulls are working to
Stocks have entered a kind of speculative frenzy… by Graham Summers of Gains, Pains, & Capital Stocks have entered a kind of speculative frenzy. You’ve no doubt heard or read about Gamestop (GME) the bricks and mortar video game retailer. The company has been in trouble for months, failing to turn a profit since 2018.
[embedded content] In a talk published this week, iron ore magnate Andrew Forrest laid out ambitious plans for his company to fight climate change. “I have a confession to make. The iron ore company I founded 18 years ago, Fortescue, generates just under 2 million tonnes of greenhouse gas every year,” said Forrest, who gave
It’s unknown whether gold will make a base and rally, or possibly move under $1767 and find support near the low around $1671. Investors… by Stewart Thomson of Graceland Updates Jan 26, 2021 1. With the ratio charts of most senior miners versus gold bullion looking droopy at best, I will suggest that inflation is needed to
What is spot price? Spot prices ultimately dictate how much your bullion coins are worth. It also impacts what you can expect to pay or get for them when buying or selling these investment coins. This guide will break down what spot prices are, the ins and outs of how they factor into gold and
While the real economy is mired in the worst economic downturn since the 1930s, the stock market just keeps soaring to record high after record high. If the… by Michael Snyder of The Economic Collapse Blog For those that can’t detect sarcasm, I am not actually sharing “investment advice” in this article. Rather, I am
Vancouver, Canada – TheNewswire – January 26, 2021 – Medgold Resources Corp. (TSXV:MED)|(FRA:1XD) is pleased to announce the completion of a positive Preliminary Economic Assessment (“PEA”) for the Barje gold deposit at its Tlamino Project, Serbia (“Barje”, “Tlamino”, the “Project”). The highlights of the PEA are as follows: – Based on simple open-pit mining
Elizabeth Warren is looking forward to working with Yellen to “help our economy, small businesses, and families recover from this crisis”… (by Half Dollar) It’s official. Janet “Never-Another-Financial-Crisis-In-Our-Lifetimes” Yellen is now Treasury Secretary. Here’s how she got her nickname (video will begin playing at the correct timestamp): [embedded content] So here’s the question: If you
Silver is trading mostly unchanged on the day near $25.44 per ounce at press time. The semi-precious metal is struggling to gather upside traction, marking a weak follow-through to the bullish outside week candle created in the five days to Jan. 22. A bullish outside week occurs when an asset sees more volatility than the
January’s big gold-stock volatility must be considered as a whole to be properly processed and gamed. The leading… by Adam Hamilton of Zeal LLC The gold miners’ stocks have had a wild ride this month, surging then plunging. After hitting new upleg highs, the leading gold-stock benchmark collapsed in a sharp drawdown. That gutted bullish sentiment,
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Gold Resource (NYSE: GORO) announced Monday its preliminary 2020 year-end and fourth-quarter production results. The company’s Oaxaca mining unit in
The Fed has a binary choice: preserve America’s global hegemony or further enrich the billionaires. You can’t have both… by Charles Hugh Smith via Of Two Minds The Fed will fail as a result of two dynamics: diminishing returns and the U.S. dollar’s role as a global reserve currency. The Fed’s reign as the godhead of financier-banker supremacy
TipRanks 3 Top Dividend Stocks With Growth Opportunity; Goldman Sachs Says ‘Buy’ Investing is all about finding profits, and investors have long seen two main paths toward that goal. Growth stocks, equities that will give a return based mainly on share price appreciation, are one route. The second route lies through dividend stocks. These are
Freedom & free market loving people should be doing everything they can to speed up the US dollar’s collapse, if they are to have a chance at salvaging either… (by Half Dollar) Amazing, isn’t it? There’s literally zero good news. Anywhere. At least, I can’t find any. I mean, we’re losing more and more freedom
The Holdings Calculator permits you to calculate the current value of your gold and silver. Enter a number Amount in the left text field. Select Ounce, Gram or Kilogram for the weight. Select a Currency. NOTE: You must select a currency for gold first, even if you don’t enter a value for gold holdings. If
When it comes to politics, very little happens by accident… by David Morgan of The Morgan Report Are You Thinking Outside the Political Realm? | https://www.themorganreport.com When it comes to politics…very little happens by accident. Watch this video on Are You Thinking Outside the Political Realm?, then please share with your friends and family on
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Today, Sumitomo Metal Mining and IAMGOLD have confirmed significant gold mineralization through an exploration program in the Gosselin and Young-Shannon
No explanation for the continuing high level of swaps has been published by the BIS. Indeed, the bank has offered… By Robert Lambourne via GATA By Robert LambourneThursday, January 21, 2021 The recently reported December statement of account of the Bank for International Settlements — https://www.bis.org/banking/balsheet/statofacc201231.pdf — discloses that the bank’s use of gold swaps
[embedded content] Demand for bars and coins are up, but inflation, a key driver of gold prices, is unlikely to return until the economy opens up, said Peter Hug, director of global trading at Kitco Metals. “I’m quite surprised. Retail demand is extremely strong on both gold and silver, especially in the coin market and
A complete crash in 2020 avoided due to Fed’s money printing. Portfolios will be crushed in the coming crash… Michael Pento interviewed by Patrick V. via SBTV SBTV speaks with Michael Pento, founder of Pento Portfolio Strategies, about his biggest fear this year – the Fed eventually losing control of inflation which destroys the economy.
[embedded content] Demand for bars and coins are up, but inflation, a key driver of gold prices, is unlikely to return until the economy opens up, said Peter Hug, director of global trading at Kitco Metals. “I’m quite surprised. Retail demand is extremely strong on both gold and silver, especially in the coin market and
It’s been nearly a decade since the Global Silver ETF and Exchange Inventories increased by such a large amount in one day. The overwhelming… by Steve St Angelo of SRSrocco Report Global silver investment inventories jumped by a record one-day increase after the large sell-off and the silver price recovery on Tuesday. It’s been nearly
[embedded content] (Kitco News) Gold saw a surprising development this week — a run-up in price as Joe Biden was being sworn in as president of the United States on Wednesday. But can this be a start of a new bull rally? Here’s what the analysts had to say about it. The reason behind the
Although advocates for covid-19 lockdowns continue to insist that they save lives, actual experience keeps suggesting otherwise… by Ryan McMaken of Mises Institute Although advocates for covid-19 lockdowns continue to insist that they save lives, actual experience keeps suggesting otherwise. On a national level, just eyeballing the data makes this clear. Countries that have implemented
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Seabridge Gold (TSX:SEA)(NYSE:SA) announced today that it has entered into a controlled equity offering sales agreement with Cantor Fitzgerald &
When we look at the extent and the depth of the damage caused the lockdowns and the shutdowns, it’s really hard to see a bold recovery in 2021… by Claudio Grass via Claudiograss.ch Interview with Martin A. Armstrong, founder AE Global Solutions Inc. As we stand at the beginning of the new year, there’s a lot
Subscribe to Kitco Roundtable on iTunes Even with gold’s recent falter heading into winter and its current range-bound price, Gran Colombia Gold (TSX: GCM) Executive Chairman Serafino Iacono said gold at the $1,800 to $1,900 level has a lot of advantages. On Friday Iacono recorded Kitco Roundtable podcast with correspondent Paul Harris, editor Neils Christensen