Blog

All four precious metals outperform marketsin August Gold posts best month since January, up nearly 4% Gold reaches highest price since US election, climbs due to uncertainty and safe haven demand S&P 500 marginally higher; Euro Stoxx, Nikkei lower for month Platinum is best performing metal climbing over 5% Palladium climbs over 4% thanks to seven year supply squeeze Fear, uncertainty and political sanctions are amongst biggest drivers for precious metals Never been a better time to diversify and rebalance portfolios with stocks and bonds near record highs and looking vulnerable Editor: Mark O'Byrne Market Performance in August (Finviz.com) All [...]

BY JOSHUA MCMORROW-HERNANDEZ I recently had the opportunity to speak with Gary Adkins, who was elected president of the American Numismatic Association (ANA) in July. The longtime coin dealer and numismatic ambassador is the ANA's 60th president and will serve a two-year term. Adkins' ascension to the top of the world's largest numismatic club marks the latest chapter in his illustrious career. He has served the coin industry as a dealer for more than 50 years, and over the decades has contributed to the hobby in countless ways. One of his most significant achievements was drafting the Collectors Bill of [...]

4 reasons why gold has entered a new bull market Schroders Market complacency is key to gold bull market say Schroders Investors are currently pricing inthe most benign risk environment in history as seen in the VIX History showsgold has the potential to perform very well in periods of stock market weakness (see chart) You should buy insurancewhen insurers don't believethat the risk event will happen Very high Chinese gold demand, negative global interest rates and a weak dollar should push gold higher This week gold broke through the key resistance of $1,300. For some time market commentators have been [...]

Solitario Zinc (Solitario; NYSE American:XPL;TSX:SLR) is pleased to announce that is has initiated metallurgical testing to determine the potential to recover silver at its recently acquired Lik zinc project in Alaska. The Lik resource, besides being a high-grade zinc deposit, contains a significant silver inventory that averages about 50 grams per tonne silver. Metallurgical testing to date has focused on the recovery of zinc and lead with virtually no work conducted on silver recovery. In the 2014 Lik PEA, the economic model assumed less than 5% silver recovery in the zinc and lead concentrates combined. With approximately 29.1 million ounces [...]

Kootenay Silver (TSXV: KTN) (the Company or Kootenay)is pleased to announce results from hole CC-17-28 drilled to test the extension of a large new mineralized zone recently discovered in the Venadas target area on its La Cigarra Silver project in Chihuahua State,Mexico. The Company reports assays from hole CC-17-28 returned a series of good grading silver intercepts, extending the new discovery zone 140 meters northeast of original discovery hole CC-17-26. Kootenay President and CEOJames McDonaldsaid: The grades and characteristics of mineralization encountered 140 meters away from hole CC-17-26 further supports the large-scale nature and potential continuity of the new zone. [...]

Trump could be planning a radical reboot of the U.S. dollar Currency reboot will see leading nationsdevalue their currencies against gold New gold price would be nearly 8 times higher at $10,000/oz Price based on mass exit of foreign governments and investors from the US Dollar US total debt now over $80 Trillion $20T national debt and $60T consumer debt Monetary reboot or currency devaluation seen frequently even modern history Buy gold eagles, silver eagles including monster boxes and gold bars Have a10% allocation to gold, smaller allocation to silver Editor: Mark O'Byrne Source: Agora Financial A new monetary standard [...]

This week we complete a through review of the more than 12,000 auction lots offered from Heritage and Stack's Bowers. This annual deluge of offerings can sometime overwhelm the marketplace and most certainly reveal weaknesses in vulnerable areas. After a complete analysis of nearly every sold lot in the auctions, we can say the auction market tested quite well in August. It is somewhat controversial that your pricing editors at CDN are very attentive to pricing movements in the rare coin market. While most of our readers of very happy that we are quick to adjust fast-changing market prices, there [...]

Maya Gold & Silver (Maya or the Corporation) (TSX VENTURE:MYA)has released its unaudited condensed consolidated financial statements accompanied by the management's discussion and analysis (MD&A) for the six-month period ending in June 30, 2017. Zgounder Silver mine highlights during the six-month period ended June 31, 2017 include: Silver production of 8,6945 kg of silver (279,548 ounces) an 4.34% increase from the first half period of 2016. Revenue from silver in the six-month period ended June 30, 2017 totalled $6,470,653 (2016 $6,001,227) and the development cost incurred during the period, excluding capitalised interest, amounted to $5,064,831 (2016 4,415,045). The net cash [...]

Maya Gold & Silver (Maya or the Corporation) (TSX VENTURE:MYA)has released its unaudited condensed consolidated financial statements accompanied by the management's discussion and analysis (MD&A) for the six-month period ending in June 30, 2017. Zgounder Silver mine highlights during the six-month period ended June 31, 2017 include: Silver production of 8,6945 kg of silver (279,548 ounces) an 4.34% increase from the first half period of 2016. Revenue from silver in the six-month period ended June 30, 2017 totalled $6,470,653 (2016 $6,001,227) and the development cost incurred during the period, excluding capitalised interest, amounted to $5,064,831 (2016 4,415,045). The net cash [...]

Gold surges as N. Korea fires ballistic missile over Japan Safe haven buying sees gold break outto 10-month high after Jackson Hole and rising North Korea risk of attack on Guam South Korea's air force dropped eight MK 84 bombs near Seoul; simulating the destruction of North Korea's leadership Gold rises from $1,291 to $1,325; Silver surges 3.2% from $17.05 to $17.60 Volatility as seen in VIX surgesas stocks fall; FTSE -1.1% Yen rises in short term but no safe haven in long term with gold haven risen 9.8% per annum in JPY (see chart) Gold was moving higher after [...]