Alamos Gold said on Tuesday it will be proceeding with a 2,000 tonnes per day expansion after a positive Phase III Expansion Study conducted on its Island Gold mine, located in Ontario, Canada. The company forecasts an average annual gold production of 236,000 ounces per year starting in 2025 upon completion of the shaft. The
Gold & Silver
The problems with the currency will happen by the end of this year, and the problems of the COMEX will happen considerably before that… Alasdair Macleod interviewed on USA Watchdog by Greg Hunter Finance and economic expert Alasdair Macleod says, “I think the problems with the currency are going to happen by the end of
NEW DELHI: Gold slipped while silver gained as traders were undecided on the direction of the market amid simmering tensions between US and China and a fast spreading coronavirus pandemic, which triggered hopes of more stimulus from governments. The total COVID-19 patient count in India topped 9.37 lakh, the third highest in the world, with
Real estate, especially commercial real estate, is likely to be the first segment of the market to enter the second phase of an extended collapse… by Chris Vermeulen of The Technical Traders Real estate, especially commercial real estate, is likely to be the first segment of the real estate market to enter the second phase
Silver Prices, Commodities, FOMC, Federal Reserve Balance Sheet, M1 Money Stock- Talking Points: The unprecedented fiscal and monetary response to the coronavirus pandemic has underpinned silver prices. A weakening US Dollar may continue to fuel the silver metal’s push to yearly highs. 2020 may prove to be a breakout year for silver prices as an
If Trump wants to make a comeback in the polls, he really needs to fully embrace an anti-lockdown message… by Michael Snyder of The Economic Collapse Blog Another wave of lockdowns has begun, and that is really bad news for the U.S. economy. The first wave of lockdowns resulted in the permanent closing of more
[embedded content] Gold and silver prices’ upwards trajectory looks promising as long as central banks around the world continue to provide accommodative monetary policy; gold is headed to new all-time highs while silver has 30% more room to grow within a year, according to Todd Horwitz of BubbaTrading.com. “Silver also looks great. I would expect
Trust the plan! Trump & Melania have the Deep State right where they want ’em… (by Half Dollar) The push for the publics’ use of masks in public is getting pretty disturbing. What’s the big deal about the masks? Don’t know. I’m not smart enough to know. I’m asking. Perhaps it’s Deep State Globalist symbolism
Very often when people buy something, based on the low price or on liquidity and not based on fundamentals and earnings, the ending tends to be bad, says the CEO of Marathon Trends. The markets have moved 1%, 2% sometimes 3% on a weekly basis in the last couple of weeks. How long do you
America has entered a time of great upheaval, and much of the country is simply not going to be able to handle the major national nightmares… by Michael Snyder of The Economic Collapse Blog This is going to be a long, hot summer that none of us is likely to forget any time soon. Coming
The copper price has surged to a two-year high, closing up about 2.5% on the London Metal Exchange yesterday to $6,580 per tonne on supply issues, with strike concerns in Chile and flooding in China. The spot silver price has risen above US$19 an ounce, levels last seen in September 2019, and gold remains above
The scare headlines are screaming! Is there anything to this “spike”? Is the hype justified? by Daniel McAdams and Ron Paul of Ron Paul Liberty Report The scare headlines are screaming: record spike in “cases” in Arizona, Texas, and Florida! Other states are mandating face masks even where deaths and the death rate continues to
Editor’s Note: Get caught up in minutes with our speedy summary of today’s must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here! (Kitco News) Gold and silver prices are higher in midday U.S. trading Monday, with silver prices sharply up and scoring an 11-month high. Buying interest
They’re stealing all buyer’s profits by rigging the settle… submitted by J. Johnson via JS Mineset Great and Wonderful Monday Morning Folks, Gold is going higher in the early morning with the trade at $1,813.30, up $11.40 and close to the high at $1,815.10 with the low at $1,802.10. Silver is leading the increase
It also announced a new investment by Investissement Quebec, with Hecla to issue IQ C$50 million (US$36.8 million) of senior unsecured five-year notes yielding 5.74% to fund Casa Berardi capital expenditures and replace existing bonds. Hecla said it had produced 3.4 million ounces of silver and 59,982oz of gold from its five operations, despite Casa
More than 1,500 businesses were destroyed during the riots… by Michael Alexander via Natural News (Natural News) Flora Westbrook’s salon, Flora’s Hair Designs, had been serving her neighborhood in Minneapolis for about four decades now. That four-decade run, however, ended when the salon was burned down during the riots sparked over the death of George Floyd. Now,
Silver 4 Hour Price Update Updated July 13, 2020 12:57 AM GMT (08:57 PM EST) Silver is down 0.17% ($0.03) since the last 4 hour candle, marking a reversal from the candle prior — and the end of a 4 four-hour candle positive run. Out of the 5 instruments in the metals asset class, Silver
The greater fools still partying in the first-class lounge are in denial that even the greatest, most technologically advanced ship can sink... by Charles Hugh Smith via Of Two Minds The greater fools still partying in the first-class lounge are in denial that even the greatest, most technologically advanced ship can sink. On April 14, 1912, the liner Titanic, considered
TORONTO, July 12, 2020 /CNW/ - Triple Flag Precious Metals Corp. (“TFPM“) is pleased to announce that its wholly-owned subsidiary, Triple Flag Mining Finance Bermuda Ltd. (“Triple Flag Bermuda” and collectively with TFPM, “Triple Flag“) has entered into a stream agreement with certain subsidiaries of China Molybdenum Co., Ltd. (collectively, “CMOC“), to receive gold and silver
Conservatives are generally quick to point out that America is a republic, not a democracy. What really is the difference, and are they even right? by Sam Jacobs via Ammo.com Conservatives are generally quick to point out that America is a republic, not a democracy. But what really is the difference, and are they even right?
Despite COVID-19 disruption in Q2 at many mines worldwide, Eldorado Gold (TSE:ELD) reported production gains this week during the quarter. Preliminary production was 137,782 ounces of gold, a 50% increase over Q2 2019. Gold output even beat the last quarter, which hit 115,950 ounces. Gold production at Kisladag increased by 130% over Q2 2019, and
The evidence against the Obama officials has been available for a long time. But it is unlikely to ever result in indictments… by Paul Craig Roberts via PaulCraigRoberts.org Has the Durham Investigation of the Russiagate Hoax Been Deep-Sixed? Paul Craig Roberts I never had any expectation that the Trump Justice (sic) Department would investigate the Obama
The relatively small size of the gold sector could lead to out-sized investor gains, said Vrify CEO Steve de Jong. De Jong sat down for a podcast on Friday with mining reporters Neils Christensen, Michael McCrae and Paul Harris. Before founding Vrify, which produces virtual mine tours, de Jong had a huge success in the
In order to produce, acting agents can—and need to—employ factors of production… by Fabrizio Ferrari via Mises Among the essential concepts Mises analyzes and dwells upon in Human Action (1949), there is the notion of capital. Mises conceives of capital as a factor of production intrinsically different from land and labor. In fact, capital is not nature
An economist from the Anglosphere is likely to tell you that the euro is structurally flawed and must implode. An economist in one of the 19 eurozone countries would say it is a work in progress and will survive. As the euro is the most widely used currency in foreign-exchange markets and central bank reserves
The risks to the downside for silver are quite low since it has been so unloved. We could have a nice move higher for silver once most of the… Patrick Karim on Palisade Radio Tom welcomes Patrick Karim back to the show to discuss his latest charts on silver. Patrick is a proprietary capital manager
Company”) is pleased to provide a corporate update.” data-reactid=”12″>VANCOUVER, British Columbia , July 10, 2020 (GLOBE NEWSWIRE) — Candelaria Mining Corp. (TSXV:CAND, OTC PINK:CDELF) (the “Company”) is pleased to provide a corporate update. Venture Liquidity Providers” data-reactid=”13″>Venture Liquidity Providers The Company has, subject to regulatory approval, retained Venture Liquidity Providers Inc. (“VLP”) to initiate its
The economy is not recovering the way most people think it is… Greg Hunter gives The Weekly News Wrap-Up for Friday, July 10th, 2020 Democrat presidential candidate Joe Biden is trashing the police again. He said in an interview this week that because of militarized police forces around the country, the police have “become the
Gold prices are above $1,800 per ounce for the first time since 2011, sending gold stocks soaring. Eldorado Gold Corp (NYSE: EGO) are still undervalued.” data-reactid=”20″>Despite the big moves in gold prices and gold stocks, one analyst said Friday that shares of Eldorado Gold Corp (NYSE: EGO) are still undervalued. The Eldorado Gold Analyst: Bank
Is China in the near future going to become like a post-WWII United States, damaged from battle but in vastly better condition? by Tim Kirby via Strategic Culture Foundation Usually when there are protests, however minor, happening in a nation that has run afoul of the United States the “International Community” and “Human Rights Activists”