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– Gold & silver eke out small gains; palladium surges 8% and platinum 2% – Oil (WTI) surges over 8% to over $66.90/bbl; supply disruption risk – U.S. dollar and Treasuries fall; geopolitical, trade war and fiscal concerns – Stocks rally and shrug off trade war, macro and geo-political risks – Bitcoin, major cryptos (Ethereum, Ripple etc) rise sharply – Russia-US tensions high: Trump warns attack 'could be very soon or not so soon at all' Source: Finviz In what has been a volatile week with concerns about the U.S. bombing Syria and a wider war in the Middle East involving Russia, [...]

Destination auctions create headlines, but sometimes there's simply no place like home. The Heritage March 29-31 US Coins Signature Auction took place at the firm's Dallas headquarters, offering 2,480 lots that realized an astounding $6,171,950. Items included a wide variety of mostly PCGS- and NGC-certified material ranging from early coppers and classic silver through pre-1933 gold and modern bullion. Also making appearances were early mint sets, pre-federal coinage, and many breeds of varieties and errors. The top lot of the sale was an NGC XF45 1854-O Variety 1 Liberty double eagle selling for a staggering $204,000 (including a 20% buyer's [...]

Alexco Resource Corp (TSX:AXR,NYSE-American:AXU) is pleased to announce the appointment of Karen McMaster to the Board of Directors (the “Board”) effective immediately. Ms. McMaster's extensive history in the mining industry has been primarily focussed on legal counsel for environmental matters as well as exploration and mine development. In addition to law Ms. McMaster has a MBA in Sustainability and has occupied a number of roles including legal counsel & investor relations advisor for Caledonia Mining Corporation, legal counsel for Rio Algom Limited and internal auditor for BHP Billton PLC. Clynt Nauman, Alexco CEO and Chairman commented, “We are very pleased to have [...]

– Gold & silver eke out small gains; palladium surges 8% and platinum 2% – Oil (WTI) surges over 8% to over $66.90/bbl; supply disruption risk – U.S. dollar and Treasuries fall; geopolitical, trade war and fiscal concerns – Stocks rally and shrug off trade war, macro and geo-political risks – Bitcoin, major cryptos (Ethereum, Ripple etc) rise sharply – Russia-US tensions high: Trump warns attack 'could be very soon or not so soon at all' Source: Finviz In what has been a volatile week with concerns about the U.S. bombing Syria and a wider war in the Middle East involving Russia, [...]

– EU and euro face growing risks including trade wars, energy independence and war with Russia in Middle East – Middle East war involving Russia may badly impact energy dependent & fragile EU – Trade and actual wars on European doorstep show the strategic weakness of the EU – Toxic combination due to growing anti-EU and anti-Euro sentiment in many EU nations – Investors should diversify to hedge investment, currency and systemic risk Source: Bloomberg Recent economic data in the Eurozone has pointed to slowing economies. Retail sales and industrial production is down in many nations (see Bloomberg chart above [...]

Global industrial demand for silver rebounded in 2017, rising for the first time since 2013, and according to Johann Wiebe, lead analyst for Thomson Reuters' GFMS team, this upward trend is likely to continue. Speaking via phone ahead of the April 12 release of the latest World Silver Survey, a collaboration between the GFMS team and the Silver Institute, he explained, “looking forward, there are quite a few things on the horizon … demand will continue to do well with various supporting elements.” What are those elements? Wiebe said that “on the fabrication side we saw the best performance,” and noted that solar, [...]

In recent years, CAC coins – those which have been given a seal of approval for exceptional quality from Certified Acceptance Corporation – have made gains at auction. CAC labels coins certified by Professional Coin Grading Service (PCGS) and Numismatic Guaranty Corporation (NGC) and acknowledges the fact that some third-party graded (TPG) coins are better representatives of their respective grade than others awarded the same numerical grade.   CAC was established in Far Hills, New Jersey, in 2007 by numismatic innovator and coin expert John Albanese, who also co-founded PCGS in 1986 and NGC in 1987. CAC awards two types [...]

Kootenay Silver Inc. (TSXV:KTN) announced initial results from its current drill program on its La Cigarra silver project in Chihuahua, Mexico. The company has successfully extended silver mineralization for 1000 meters to the northwest beyond the current 2.4-kilometer-long NI- 43-101 Resource envelope, along what is known as the La Borracha Zone. As quoted in the press release: Kootenay Silver has successfully extended silver mineralization for 1000 meters to the northwest beyond the current 2.4-kilometer-long NI- 43-101 Resource envelope, along what is known as the La Borracha Zone. A total of seven broadly spaced holes were drilled across the La Borracha [...]

– EU and euro face growing risks including trade wars, energy independence and war with Russia in Middle East – Middle East war involving Russia may badly impact energy dependent & fragile EU – Trade and actual wars on European doorstep show the strategic weakness of the EU – Toxic combination due to growing anti-EU and anti-Euro sentiment in many EU nations – Investors should diversify to hedge investment, currency and systemic risk Source: Bloomberg Recent economic data in the Eurozone has pointed to slowing economies. Retail sales and industrial production is down in many nations (see Bloomberg chart above [...]

Most precious metals futures ended lower Thursday. The loss for gold was its first in five sessions and comes after closing Wednesday at an eleven-week high. Gold for June delivery declined $18.10,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]