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On Friday markets were expectant as the incoming US President Trump took office, with the S&P/TSX Venture Composite Index (INDEXTSI:JX) closing the week up by 0.44 percent to 797.59 points. In his speech, Trump said January 20,2017 will be remembered as the day the people became rulers of the US again. His comments fueled investors concerns about potential protectionist trade policies. Despite this, many stocks were on the rise last week, with gains as high as over 41 percent over the five-day period. In particular, gold and other precious metals had some of the top-gaining stocks. The top five stocks [...]

– Gold's average gains in inauguration years of 15% since 1974 – First year of new President frequently a time of increased uncertainties and risks – Gold rose 30% in the 12 months after Obama inauguration – Massive political uncertainty – President's conflict with the CIA – 'Strong dollar policy' to end as U.S. has $120 trillion plus debt – Trump inherits Bush and Obama's humongous debt Gold performs well in inauguration years (see table) and has seen average gains of 15% in inaugural years since the 1970s. Given the degree of uncertainty, divisiveness and conflict that Trump's election has already created – [...]

Gold prices started the week off strong, edging to $1,215.40 per ounce on Wednesday (Jan. 18), but dropped to $1,196 per ounce on Thursday prior to the inauguration of Donald Trump. Thursday's dip was the gold price's  largest one-day loss of the year so far. That said, MarketWatch reported that gold “was clobbered” as the dollar rose on a combination of interest rates from the European Central bank and comments made by Federal Reserve chief Janet Yellen. In Yellen's speech, the Economic Calendar noted that she is still in favor of increasing interest rates, warning that there are dangers in delaying the [...]

Maya Gold & Silver Inc. (“Maya” or the “Corporation”) (TSXV: MYA) today reported a production of 49,883 ounces of silver (1522,68Kg) during the month of December 2016 at its Zgounder silver mine in Morocco. December 2016 Operations Highlights 49,883 ounces (1360 Kg) of silver ingots were produced which represent an increase of 36% compared to November; A total of 5,337 tonnes of dry material were processed at an average head grade of 334.5 g/t Ag; A total recovery rate of 84.6%. Principal location and level of extraction zones during the month of December Mining Workings Level Tonnage (t) Average grade [...]

Endeavour Silver Corp. (TSX: EDR) (NYSE: EXK) reports updated NI 43-101 silver and gold reserve and resource estimates for its three producing mines in Mexico: the Guanaceví mine in Durango State and the Bolañitos and El Cubo mines in Guanajuato State, as of December 31, 2016, and restates the 2015 silver and gold resource estimates for its exploration projects. Updated mineral reserve and resource estimates for Endeavour's Terronera and El Compas properties will be published in conjunction with their respective economic studies in March, 2017. Proven and probable silver reserves decreased 12% in 2016 compared to 2015, reflecting mining depletion [...]

Viscount Mining Corp. (TSXV:VML)(OTCQB:VLMGF) (“Viscount” or “the Company”), is pleased to announce further drill results from the Silver Cliff property in the Hardscrabble Silver District of Custer County, Colorado (the “Property”). The 2016 drill program commenced in mid-November had as its primary objective the confirmation of information in reports on historical drilling on one of the Silver Cliff deposits known as the Kate Silver Resource (the “KSR”) by twinning historic holes. Nine holes with a total of 1,502 ft. (457.8 m) were completed in the recent campaign and this release is reporting values from K16-01, K16-03, K16-04, K16-05, K16-06, and [...]

Arizona Mining (TSX:AZ) has released the results of seven exploration drill holes from its current program on the Taylor zinc-lead-silver sulphide deposit located on its 100-per-cent-owned Hermosa project in Santa Cruz county, Arizona. This brings the total number of drill holes reported in the 2016-2017 program to fifty-three (53). HDS-397 is a near vertical hole (-88 degrees) drilled to infill an area in the northwest of the previously reported resource area. HDS-397 intersected two (2) mineralized veins in the volcanics and eight (8) distinct mineralized CRD horizons with a total cumulative mineralized thickness of 453.5 feet. Several mineralized zones were [...]

Vancouver, British Columbia–(Newsfile Corp. – January 19, 2017) – Arizona Silver Exploration Inc. (TSXV:AZS) (the “Company“) is advising that it has concluded the initial round of core drilling on the Ramsey Mine silver project located in La Paz County, Arizona, about 2 hours west of Phoenix. The Company drilled five exploration holes on patented claims peripheral to the old mine workings of the Ramsey Mine. Core from all five holes was picked up at the Company's core storage unit in Quartzsite, Arizona by ALS Minerals personnel and delivered to the ALS Minerals laboratory in Tucson, Arizona, under strict chain of [...]

Turkey, Gold and US Dollar Hegemony Introduction Buy Gold and Lira, Sell Dollars To End “Economic Sabotage” – PM of Turkey Gold Imports to Turkey Surge 688% In December 'Tough Turkey' today Affinity for gold to save the day? Central bank gold demand Personal accumulation Country's gold reserves Turkey Iran gold conduit Axis of Evil to Axis of Gold Conclusion: Gold as an insurance policy Introduction With a 'Hard Brexit' looking more likely and Trump's inauguration this week, 2017 is well and truly under way. What we expect the year to hold is probably not even half of what it [...]

Gold slipped from a 2-month high Wednesday after a report showed U.S. inflation advanced 2.1% in 2016, the quickest pace since the 12 months ending June 2014 and for a full calendar year since... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]