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“Investors could be forgiven for heading for the hills given the tumultuous start to 2016,”  so writes Andrew Oxlade in The Telegraph today who advises investors to diversify into gold as an “insurance policy”:We have long been advocates of exposure to gold as an insurance policy. This was demonstrated once again in the recent sell-off when the price of bullion surged from $1,061 (£762) an ounce on New Year’s Day to $1,246 (£895) by early February. In times of fear, gold is in demand. The price also rises when inflation becomes a danger.Deflation remains the bigger threat for now, which is [...]

Gold was boosted briefly on Tuesday when attacks in Brussels spurred safe-haven demand for the metal, but is now on track to record its largest weekly loss in over four months.  According to Reuters, the yellow metal sank to $1,212.20 per ounce early Thursday, its lowest since February 26. Market watchers have attributed gold’s fall to anxiety about the US Federal Reserve — while the central bank left interest rates unchanged last week, since then fears that the Fed’s next rate hike will come sooner rather than later have ramped up. Explaining the situation, James Steel, a strategist at HSBC, told [...]

Orex Minerals Inc. (TSXV:REX) announced that it’s begun a Phase II drill program at its Mexico-based Sandra Escobar project. It also released results from four more holes from the Phase I drill program at the project. As quoted in the press release: Highlight for this batch of holes is SA-16-009, which yielded 32 metres core length (30 m true thickness) grading 255 g/t silver, starting 10 metres vertically below surface. Within this is a sub-interval of 9 metres (8.44 m true thickness) grading 673 g/t silver. Holes SA-16-007 and 008, located about 100 metres east of SA-16-009, encountered a northwesterly [...]

Harry Dent, best-selling author and economist, has warned that the stock bubble in the U.S. today is the biggest in history and that the “greatest crash of your life is just ahead…”Writing on his website EconomyandMarkets.com, Dent warned thatThe story on Wall Street and CNBC continues to be that we’re in a correction and this is a buying opportunity. Even Warren Buffett joins the chorus of stock market cheerleaders for the skeptical public. Well, I agree with the skeptical public, not the experts here!The bull market from early 2009 into May 2015 looks just like every bubble in history, and [...]

The certified rare coin market continues to demonstrate stability over the first quarter of 2016. Dealers at shows, internet and mail-order have indicated that levels remain solid and inventory is increasingly difficult to locate at Bluesheet levels. We don't have a lot of specific activity to report this week but our continuing review of the Mercury dime series shows that the high end of this series has been undervalued on these sheets for quite some time. We are please to report dozens of plus signs in this series, which is typically thinly trades yet highly desired by a niche clientele. [...]

Southern Silver Exploration (TSXV:SSV) began the week on a high note with the release of a resource estimate for its Mexico-based Cerro Las Minitas project. The estimate covers project’s Blind, El Sol and Santo Nino zones, which the company has been exploring since 2011. The base-case scenario, which uses a cut off of 150 g/t silver equivalent, points to an indicated resource of 3.7 kilotonnes containing 36.5 million silver equivalent ounces; meanwhile, the inferred resource stands at 6.6 kilotonnes containing 77.2 million silver equivalent ounces. According to the company’s release, the indicated resource looks at only the Blind and El Sol [...]

Silver remains undervalued versus gold and the gold silver ratio suggests “selling the former” and “buying the latter” according to a Bloomberg article published today.“When the head of one of the world’s biggest silver streaming companies says he’s more bullish on his metal than gold, don’t dismiss him just for talking his own book. This chart suggests Silver Wheaton Corp. Chief Executive Officer Randy Smallwood may be right. The gold-to-silver ratio just fell below 80, and the last three times that happened silver outperformed gold by 60 to 302 percentage points in the next two or three years.”We continue to [...]

It was brought to our attention that the line containing prices for the 1850 $20 was inadvertently cutoff from our last issue of the Quarterly III. The prices should read: VF - $1,925 XF - $2,600 AU50 - $4,200 AU58 - $11,000 MS60 - $14,000 MS62 - $35,000 MS63 - $51,500 MS64 - $75,000 MS65 - $125,000

Silver Wheaton Corp. (TSX:SLW,NYSE:SLW) declared its first quarterly cash dividend payment of 2016. The payment will be US$0.05 per common share. More details are as follows: The first quarterly cash dividend of US$0.05 will be paid to holders of record of Silver Wheaton common shares as of the close of business on March 31, 2016, and will be distributed on or about April 14, 2016. Under the Company’s dividend policy, the quarterly dividend per common share will be equal to 20% of the average cash generated by operating activities in the previous four quarters divided by the Company’s then outstanding common [...]

Silver Wheaton Corp. (TSX:SLW,NYSE:SLW) released its results for Q4 2015, as well as the full 2015 year, commenting that in 2015 it incurred a net loss of $162 million, or $0.41 per share; that includes the after-tax impact of impairment charges and is compared to net earnings of $199.8 million, or $0.56 per share, in 2014. The company also said that it achieved record attributable silver equivalent production of 47.7 million ounces for the year. That’s an increase of 35 percent from 2014. Other 2015 highlights include: Record silver equivalent sales volume for the year ended December 31, 2015 of [...]