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by Fergal O'Brien, Bloomberg Halifax index shows property values plunged 3.1% in April Less volatile three-month measure also shows a decline U.K. home prices plunged the most in almost eight years in April, adding to signs of weakness in Britain's property market. Source: IHS/ Market via Bloomberg Values dropped 3.1 percent from March to an average 220,962 pounds ($299,140), mortgage lender Halifax said in a report Tuesday. That's the biggest drop since September 2010. While that figure can be volatile, the quarterly measure also showed a decline. It fell 0.1 percent, a third straight drop. Britain's housing market has been cooling [...]

Certified Acceptance Corporation, or “CAC,” has been active for more than a decade, labeling top-quality coins in certified slabs from Professional Coin Grading Service (PCGS) and Numismatic Guaranty Corporation (NGC) with bean-shaped stickers. Green CAC stickers indicate a coin that represents the best of the awarded grade while gold stickers suggest a coin that should grade at least one point higher if resubmitted to PCGS or NGC.   Unsurprisingly, CAC coins generally trade for substantial premiums over the typical prices for coins of similar grade level. In April 2018 many major transactions involved CAC coins that sold for significant premiums, [...]

Precious metals futures changed little for a third straight session Tuesday. Gold, silver and platinum fell by 0.1% or less while palladium inched up 0.1%. Gold for June delivery edged down 40... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Nitinat Minerals (TSXV:NZZ) has announced that the work on its Jasper Property in west-central Vancouver Island is underway. The property consists of nine contiguous claims which cover 3978 hectares. As quoted in the press release: The Jasper main grid area is underlain by apparently conformable lithological horizons including an eastern felsic volcanic (dacite or rhyodacite) horizon and a western mafic volcanic (basalt) horizon separated by a central intermediate volcanic horizon. Lithological contacts strike N-S and are offset by cross faults which strike NW-SE. Fifteen polymetallic sulfide zones have been discovered in outcrop over a 2.75 km. strike length within the main [...]

Precious metals futures were divided on Monday -- though little changed overall -- with platinum and palladium higher and gold and silver lower. Silver's loss was its first in four sessions while... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Weekly Gold Update by Daniel March for GoldCore (May 6, 2018) • US dollar strength amid weakening fundamentals and poor US jobs data Friday • Gold buyers in other currencies see gains –  gold in EUR and GBP rises 0.7% & 0.9% • YTD performance table suggests stagflation coming as Fed eyes inflation, lower growth • Seasonal effect – gold to bottom this summer? (see charts) • Silver is nearly 70% below it's 1980 high and technically looks very good (see charts) • Speculators cut long positions, GLD holds strong • Boost for rural India – demand to benefit in Q2 • [...]

Los Andes Copper Ltd. (TSXV:LA) (“Los Andes”, or the “Company”) is pleased to announce the closing of the first tranche (the “First Tranche”) of its non-brokered private placement (the “Private Placement”) announced in its news release dated April 26, 2018, for gross proceeds of $2,597,100. On May 7, 2018, the Company issued 7,870,000 units (each, a “Unit”) to Resource Capital Fund VI L.P. (“RCF VI”) priced at $0.33 per Unit. Each Unit consists of one common share of the Company (a “Unit Share”) and one-half of one transferable common share purchase warrant (each whole common share purchase warrant, a “Warrant”), [...]

Last Friday (May 4), the S&P/TSX Venture Composite Index (INDEXTSI:JX) rose 1.16 points, or 0.15 percent, to close at 772.41. Canadian stocks were broadly led by financial and energy stocks on Friday, buoyed by higher oil prices last week. Oil has been a mover lately, with the markets worried about exactly what US President Donald Trump is going to do with his administration's approach to Iran. He has until May 12 to decide whether he will restore sanctions to one of the world's largest oil producers over the US-Iran nuclear deal. Will Silver Go Up This Year? Find out why in your [...]

Weekly Gold Update by Daniel March for GoldCore (May 6, 2018) • US dollar strength amid weakening fundamentals and poor US jobs data Friday • Gold buyers in other currencies see gains –  gold in EUR and GBP rises 0.7% & 0.9% • YTD performance table suggests stagflation coming as Fed eyes inflation, lower growth • Seasonal effect – gold to bottom this summer? (see charts) • Silver is nearly 70% below it's 1980 high and technically looks very good (see charts) • Speculators cut long positions, GLD holds strong • Boost for rural India – demand to benefit in Q2 • [...]

Weekly Gold Update by Daniel March for GoldCore (May 6, 2018) • US dollar strength amid weakening fundamentals and poor US jobs data Friday • Gold buyers in other currencies see gains –  gold in EUR and GBP rises 0.7% & 0.9% • YTD performance table suggests stagflation coming as Fed eyes inflation, lower growth • Seasonal effect – gold to bottom this summer? (see charts) • Silver is nearly 70% below it's 1980 high and technically looks very good (see charts) • Speculators cut long positions, GLD holds strong • Boost for rural India – demand to benefit in Q2 • [...]