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Mirasol Resources Ltd. (TSXV:MRZ,OTCPK:MRZLF) reported additional intersections of gold and silver mineralization from its Phase II drilling at the Curahue Trend in the Claudia project, located in Santa Cruz Province, Argentina. As quoted in the press release: Assay results from Phase II drilling (Table 1) show 0.6 to 1.8 m wide zones of higher-grade Au+Ag within a broader zone of lower-grade mineralization that ranges in width from a few metres to a maximum true width of up to 60 m wide. Au+Ag mineralization reports to a large zone of mapped and drill-intersected low sulphidation epithermal veins and veinlet halos. The [...]

Market Updates This Week Fed Raised Rates 0.25% – Rising Rates Positive For Gold As the great orator George Bush Junior once attempted to say: “Fool me once, shame on you; fool me twice, shame on me…” Read More Here Mark Mobius: Shariah Gold Standard Is “Revolutionary” One of the world's leading investors, Mark Mobius told a gold conference in Dubai that the new 'Shariah Gold Standard' is both “innovative and revolutionary” and importantly will bring “transparency” to the physical gold market which suffers from a lack of trust. Read More Here Silver Fixing By Banks Proven In Traders Chats [...]

Short video with CDN Publisher, John Feigenbaum, with a 2016 year-end perspective on the rare coin market, CDN Publishing and a look forward to the January 2017 FUN show in Ft. Lauderdale. Video watchers get can get a free 2017 CDN wall calendar (instructions in the video).

Silver prices surged this year after a tough 2015. The ongoing deficit, political announcements and concerns worldwide, and a weak US dollar have all impacted the precious metal's market. Here, INN looks back at the major developments that happened in the silver market in 2016. Price: A Generous Rebound After a troubled 2015, the white metal prices had a strong start in 2016. The gold-silver ratio was at its highest in the first two months of the year since February 2008. According to Commerzbank at the time, the silver price per ounce had benefited from a weaker US dollar, strong ETF [...]

As we look towards 2017, this week we will continue to look back at some statistical figures of the 2016 rare coin market in order to try and gauge its performance over the past 12 months. While last week we examined Morgan dollar performance over the past month, we thought it a good idea to look at the series performance for the year. All the numbers involved are Bluesheet values, as they are basal values and represent the baseline of each series. One year ago, a complete set of Morgan dollars – all dates and mintmarks – in MS63 had [...]

For the first time in 2016, and only the second time in a decade, the US Federal Reserve voted to raise interest rates. The key interest rate was raised by 0.25 percentage points to a range of 0.50 percent and 0.75 percent, as the the committee is confident that the US economy will improve. “Job gains have been solid in recent months and the unemployment rate has declined,” the Federal Reserve said in a statement. In the last 12 months 2.25 million net new jobs have been created, the labour market has improved, and inflation has moved closer to the [...]

Shariah Gold Standard Is “Revolutionary” Says Mark Mobius One of the world's leading investors, Mark Mobius told a gold conference in Dubai that the new 'Shariah Gold Standard' is both “innovative and revolutionary” and importantly will bring “transparency” to the physical gold market which suffers from a lack of trust. Source: Bloomberg The executive chairman of Templeton Emerging Markets Group was speaking at the 'Gold in Islamic Finance' conference organised by the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI), the World Gold Council and Amanie Advisors and held in Dubai last Thursday. “This standard is a God send. [...]

Silver Bullion Manipulation By Banks Proven In Traders Chats Evidence of traders rigging the silver market Court documents detail private chats between bank traders Lawsuit alleges widespread rigging of precious metal market “Avalanche can be triggered by a pebble if u get the timing right” – UBS trader  “If we are correct and do it together, we screw other people hard” – UBS trader Since 2003, we have believed and written about how the silver and gold markets are manipulated and “fixed” by banks. Even then there was circumstantial evidence to suggest this was the case. Now we have definitive proof [...]

Exploration Highlights include: Intercepts include 8.27 g/t Au, 8.1% Cu and 500 g/t Ag over 0.4m in hole KMDD 005 and 3.07 g/t Au, 5.1% Cu and 158 g/t Ag over 1.2m in KMDD 006 Results from each of the first six exploration holes drilled to target Judd Vein System adjacent to the Irumafimpa orebody intercept significant gold, copper and silver mineralisation K92 Mining (TSXV:KNT) is pleased to announce results from the first six exploration holes completed as part of the initial exploration drilling program on the Judd Vein System, at its high grade Kainantu Gold Mine. The results have [...]

SARASOTA, FLA. (December 12, 2016) -Numismatic Guaranty Corporation® (NGC®) has announced that visitors to the FUN Show in January will have the opportunity to meet John M. Mercanti, the 12th US Mint Chief Engraver, and Edmund C. Moy, the 38th US Mint Director, at its booth during select times. Mercanti and Moy will also sign a limited number of portraits that will be given away for free to visitors. The two notable hobby figures will be at booths 305 and 404 at the FUN Show in Ft. Lauderdale, Florida at the following times: Thursday, January 5, from 10:00 am to [...]