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by Jan Skoyles, Editor Mark O'Byrne In case you've been hiding under a rock, the Dow Jones Industrial Average reached 20,000 earlier this week for the first time in its 132 year history to much media fanfare. Bigcharts via Financial Sense Since Trump's election US market indicators, including the Dow have been ticking up – it has been labelled the Trump rally. This latest milestone is something that the new President is happy to take credit for. In fact, he tweeted 'Great! #Dow20K' in response. He told ABC News that “We just hit a record, and a number that's never [...]

Switzerland's Gold Exports To China Surge To 158 Tonnes In December Switzerland's gold bullion exports to China saw a huge jump in December, climbing to 158 tons versus a much lower 30.6 tons in November –  a jump of 416%. According to Eddie van der Walt as reported on the Bloomberg terminal this morning, total Swiss gold exports surged to 287.6 tons in December (valued at CHF 10.8b) according to data on the website of the Swiss Federal Customs Administration. Switzerland's gold exports had already been very robust in November coming in at 191.4 tons. This means that total Swiss gold exports [...]

Vancouver, B.C., January 26, 2017 – Arizona Mining (TSX:AZ) (“Arizona Mining” or the “Company”) announces the results of three (3) exploration drill holes from its current program on the Taylor zinc-lead-silver sulfide deposit located on its 100%-owned Hermosa Project in Santa Cruz County, Arizona. This brings the total number of drill holes reported in the 2016-2017 program to fifty-six (56). HDS-399 is a near vertical hole (-87 degree) drilled to expand the northeast section of the previously reported resource area. HDS-399 intersected four (4) mineralized veins and three (3) distinct mineralized CRD horizons with a total cumulative mineralized thickness of 210 [...]

We are excited to announce the introduction of our new pricing category, called “Collectors' Price Guide,” or CPG. We are formulating a CPG value for every coin in our wholesale (Greysheet family) database. Similar in concept to the old “Ask” price, the CPG is based on “Bid” but formulated specifically for each coin and with a more accurate market spread. Dealer exchanges like CCE and CDN Exchange are now publishing the CPG values electronically. Heritage Auctions will be offering these values on their web site and other dealers and auction companies will soon follow. We are offering CPG values to [...]

Blockchain – Central Banks Banking On Blockchain “The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust …” Satoshi Nakamoto (Unknown person or persons who designed bitcoin and created its original reference implementation, Bitcoin Core) Source: Photosteve101 via Flickr Fiat currency debasement and failure is why gold has survived and thrived for thousands of years  and indeed in recent years. It is why bitcoin is becoming more popular, with its [...]

Firm records spectacular results across U.S. Coins and Currency and World & Ancient Coins DALLAS, Texas (January 23, 2017) – Heritage Auctions, the world's largest numismatic auction house, announced Tuesday that it sold $70,822,868 million in U.S. coins, U.S. and World Currency and World & Ancient Coins at auction during the first three weeks of 2017 – a 30 percent increase over 2016. “These results show Heritage is in tune with the market and its clients and maintains its superiority as the world's No. 1 auction house for numismatic collections, large and small,” Greg Rohan, President of Heritage Auctions, said. [...]

Endeavour Silver Corp. (TSX: EDR) (NYSE: EXK) provides 2017 production and cost guidance for its three producing mines in Mexico: the Guanaceví mine in Durango state and the Bolañitos and El Cubo mines in Guanajuato state. In 2017, the Company's plan is to produce at slightly lower throughput and higher silver grades compared to 2016, resulting in similar silver production and slightly lower gold production forecasts. Endeavour plans to continue investing significantly in exploration and development programs to extend the existing mine lives and build new mines to fuel future growth. 2017 Production Guidance Silver production is expected to be [...]

This year's Vancouver Resource Investment Conference (VRIC) just wrapped up, and one of the most attended panels was the silver opportunities in 2017. The panel was moderated by Marin Katusa, Katusa Research, and featured Brad Cooke, CEO of Endeavour Silver (TSX:EDR) and Robert Archer, President and CEO of Great Panther Silver (TSX:GPR). Katusa started by asking the panelists their forecast for this year for the precious metal and how high would prices go in 2017. Cooke said that the silver outlook was the best of all commodities and that 2017 was the year of the wild card, with price peaks [...]

Sharia Standard May See Gold Surge In Value “The introduction of a Sharia standard for gold will not only be good for investors but also for gold producing countries and even individual mining operations”, according to The National in an article published this morning. Gold bars in a gold shop in Saudi Arabia. Gold has long played a role in Muslim society as a store of wealth. Fahad Shadeed / Reuters “The new Sharia gold standard is very important as it allows Islamic investors to access and gain exposure to physical gold in a safer and more efficient manner,” says [...]

Kootenay Silver (TSXV:KTN) is pleased to report results from preliminary metallurgical testing on its La Cigarra Silver Project in Chihuahua State, Mexico, applying the proprietary Silvox Technologies Inc. (“SILVOX”) process which indicates a marked improvement in cyanide leaching for silver recoveries versus industry standard leaching processes previously applied to the deposit. James McDonald, P.Geo, President and CEO stated, “Although additional metallurgical testing using standard and SILVOX processes will be required to further assess silver recoveries, results from preliminary testing utilizing the SILVOX process are highly encouraging. The ability to achieve enhanced silver recoveries could have a profound impact on the [...]