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The S&P/TSX Composite index (INDEXTSI:OSPTX) lost 1.33 percent last week, or 189 points, to finish at 14,037.54. The TSX, along with a number of other exchanges around the world, lost out this week as gold prices gained. Billionaire George Soros got out of stocks and into gold last week, sharing some of his concerns over the Chinese economy with the Wall Street Journal. Last week's top TSX-listed mining stocks were:  Gabriel Resources (TSX:GBU) Dundee Precious Metals (TSX:DPM) Harte Gold (TSX:HRT) International Tower Mines (TSX:ITH) Minco Silver (TSX:MSV) Here's a look at what moved the share prices of those companies last week: Gabriel [...]

SARASOTA, Florida (June 10, 2016) – Numismatic Guaranty Corporation® (NGC®) has become the first third-party coin grading service to grade 35,000,000 coins. NGC has long been the world's largest third-party grading service, a position that reflects the preference that more collectors and dealers have for NGC-graded coins. This preference is largely the result of NGC's commitment to accuracy, consistency and integrity, its industry-leading guarantee and its advanced holder-the same holder used by the Smithsonian Institution for its most valuable rarities. Remarkably, this milestone was achieved barely two years after NGC announced that it had graded its 30 millionth coin. The [...]

Gold and silver futures extended their weekly advances to two in a row as gold notched a more than three-week high and silver scored a five-week high. Gold for August delivery on Friday added $3.20,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] http://www.buyandsellgoldsilver.com/ http://www.buyandsellgoldsilver.com/linkback

George Soros is again buying gold and selling and going short stocks due to BREXIT and EU “collapse” risk, after a six year hiatus from the gold market. Gold in USD (2009 to 2012)The multi-billionaire hedge fund manager, the man who “broke the Bank of England” and one of the richest and most powerful men in the world has now publicly warned that inflation is likely soon and is voicing concerns about BREXIT, the disintegration of the EU, a Chinese financial crash, global contagion and a new World War.Soros Fund Management, which manages around $30 billion for the Soros family, [...]

American CuMo Mining Corporation (TSXV:MLY,OTCPINK:MLYCF) announced that its non-brokered private placement of up to 10,000,000 units at a price of Cdn$0.10 per unit for gross proceeds of up to $1,000,000, announced on May 12, 2016 has been closed and oversubscribed. The Board of Directors approved an increase to the size of the CuMoCo Offering, and the Company has sold a total of 10,241,500 CuMoCo Units for total gross proceeds of $1,024,150. A portion of the proceeds of the CuMoCo Offering will be applied to reduce the Company's working capital deficit and the remainder for general corporate purposes. Connect with American CuMo Mining Corporation [...]

Gold prices rose again this week, gaining 2.06 percent over the past five days to trade at $1,271.70 per ounce as of 12:25 p.m. EST. According to Commerzbank, that's a new three-week high for the yellow metal. Gold prices rose despite a higher US dollar. “Weak stock markets and further falling bond yields presumably helped drive the gold price up,” the firm stated in a note to clients. Meanwhile, ANZ hailed the return of a bull market for gold, suggesting that $1,400 gold could be in the cards. As CNBC reported, ANZ commodity strategist Daniel Hynes said that decreased expectations for an interest rate [...]

Great Panther Silver (TSX:GPR) has reported results of its annual general and special meeting of shareholders held on June 9,2015. As quoted in the press release: A total of 66,956,494 votes were cast representing 46.72% of the issued and outstanding common shares as of the record date for the Meeting.  All of the proposed candidates were duly elected as directors by shareholders present or represented by proxy. Shareholders voted 96.72% in favour of setting the number of directors at six, 97.05% in favour of appointing KPMG LLP as auditors and authorizing the directors to fix the auditor remuneration, 89.69% in [...]

A recent report from Dundee Capital highlighted an update on Trevali Mining Corporation (TSX:TV) and a significant improvement in zinc recovery at their wholly-owned Caribou Mine in New Brunswick. As quoted in the report: During May and June the metallurgical team at Caribou has remained focused on bringing zinc recoveries up to the PEA levels.  Zinc recoveries were 78% in May and 79% in June (MTD), up significantly from 74% in April. Getting zinc recoveries up to PEA design values (>80%) has been TV's primary focus at Caribou, so we consider the progress to be an excellent sign.  Mill throughput has also increased [...]

Gold bullion is seeing increased sales in the UK on BREXIT “nerves” according to Reuters today: “Demand for bullion bars and coins is rising, with men and women of all ages buying up the safe-haven metal in case of a British exit from the European Union.Mark O'Byrne, director of Dublin-based gold dealer Goldcore, said the price bounce had already driven a significant demand increase this year, with broader geopolitical concerns also feeding into the rise.“In the coming weeks, we're expecting to be busy,” he said. “The recent polls (on Brexit) are going to create more jitters… that should lead to quite robust [...]

The market for sight-unseen “generics” is showing signs of life, especially in the Morgan dollar and Walking Liberty half dollar series. Additionally, we are pleased to see stability in the auction results as the bottom end of the certified market firms up as buyers indicate they like the value of coins at current market levels. The past 12-18 months have been challenging for many dealers of high-end certified coins, so it's nice to see stability in these markets start to take hold. At the top end of the market, fresh, high-end coinage that has spent time off the market remains [...]