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Precious metals futures moved strong out of the gate to start the new trading week Monday. Gold ended higher for the first time in three sessions, climbing from a more than 9-1/2-month low. Gold for... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The S&P/TSX Composite index (INDEXTSI:OSPTX) climbed again last week, rising 0.92 percent to close the five-day period at 15,075.44 points. On Friday, the Financial Post reported the index soared over 15,000 points for the first time in over a year. If the trend holds up, it could be the first time since 2010 the TSX outperforms the S&P 500. Companies that registered the highest gains over the five-day period included: Sherritt International (TSX:S) Atalaya Mining (TSX:AYM) Nevada Copper (TSX:NCU) HudBay Minerals (TSX:HBM) Amerigo Resources (TSX:ARG) Here is a closer look at those companies: “Do You Want To Know More On Base Metal Investing?” Find [...]

It's been another tough week for the gold prices as it dropped to its lowest levels in almost nine months this week. Strong US goods data and a surging US dollar have put pressure on the gold prices, even though the yellow metal has been losing steam since the US presidential election on November 8. Reuters reported on Thursday (November 24), that the US dollar was closing on a near 14-year high and further speculations on the Federal Reserve raising interest rates next month. As of 1:10 p.m. EST on Friday, the gold price was $1,182.13 per ounce, a 2.46 percent slide over the [...]

Gold down 13% in 13 trading days since Trump election Factors that have led to lower gold prices Trump bearish for gold in coming four years? 'Trumpflation' cometh Sharia gold – vaulted gold accessible to 110 million new investors What to do? Diversify and geometric price cost average Donald Trump was elected President and the gold price surged 5%, over $60, from $1,271/oz to $1,336/oz. As many of us had suggested it would. And then something strange happened, something not expected by the majority of market participants – it started to fall, the dollar strengthened. We now have a gold [...]

As reported by the AFP, http://www.news.com.au/finance/money/wealth/frenchman-finds-100kg-of-gold-hidden-in-new-home/news-story/07da92a04f543ee7632d1ccd69d2d84f a Frenchman who inherited a big house from a dead relative got more than he bargained for when he discovered a glittering treasure trove of gold coins and bars worth millions stashed around the place. Squirrelled away in hiding places throughout the house, he came across thousands of gold coins and bars weighing 100 kilos in total. “There were 5000 gold pieces, two bars of 12 kilos and 37 ingots of 1 kilo,” Nicolas Fierfort, a local auctioneer, told AFP, confirming a report in the local La Depeche newspaper. Fierfort, who had visited the [...]

Russia gold buying accelerated in October with the Russian central bank buying a very large 48 metric tonnes or 1.3 million ounces of gold bullion. This is the largest addition of gold to the Russian monetary reserves since 1998 and could be seen as a parting 'gift' by Prime Minister Putin to his rival ex-President Obama. The Russian central bank gold purchase is the biggest monthly gold purchase of this millennium. Concerns about systemic risk, currency wars and the devaluation of the dollar, euro and other major currencies has led to ongoing diversification into gold bullion purchases by large creditor nation central [...]

Dolly Varden Silver Corporation (TSX.V: DV | OTC: DOLLF) (the “Company” or “Dolly Varden”) reported drill assays results from its 2016 field program on the Dolly Varden project in northwestern BC. The program included 2,311.6 meters of core drilling as well as surface mapping and sampling. As quoted in the press release: “While the size of our exploration program for 2016 was modest, we leveraged every opportunity to gather information that supports the long-term growth and expansion of estimated mineralization on the project; both within the current 43-101 resource area and at highly prospective regional exploration targets. Both have the [...]

War On Cash Goes Global – India, Australia and Citibank India shock cancellation of nation's two highest-denomination notes India effectively invalidates & removes 86% of cash from circulation India sees “runs on banks” & severe financial difficulties Citi to makes all Australian branches cashless Australian pilot programme restricts 80% of payments on card UBS proposes Australia eliminates $100 and $50 bills What can we do about this? Conclusion Not Confidence Inspiring. Photographer: NOAH SEELUM/AFP/GETTY IMAGES via BLOOMBERG By @Skoylesy . Editor @MarkTOByrne In a world of ultra low and negative interest rates, bail-ins and increasing corporate and government surveillance, the war [...]

Fieldex Exploration  (FLX : TSXV and F7E : Frankfurt) announced today that it has acquired by map designation two new properties with strong cobalt potential located 40 kilometres north of the village of Grand-Remous in the province of Quebec. Highlights: 100-per-cent-interest in two cobalt/silver/copper showings located in Quebec; Strategic acquisition for Fieldex to increase its energy-related offer; Pertinent exploration potential around the showings. As quoted in the press release: “With the global expansion of the electric storage industry, cobalt, rare earths and ceramics (feldspar) have or will become key elements and Fieldex will be very well positioned. Our Kipawa Lac Sairs project contains the [...]

Winston Gold (CSE:WGC) has announced that it has closed a non-brokered private placement of Class A common shares at $0.40 per share, consisting of 5,968,750 shares for gross proceeds of $2,387,500. Murray Nye, CEO and director, said: We are very pleased to have completed this second round of financing. The continued support from our shareholders, not only speaks to the quality of our team but to the potential of our two high-grade gold projects. As quoted in the press release: The Corporation has paid finder cash commissions totalling $80,480.00, being 8% of the aggregate proceeds from the sale of Shares [...]