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The silver price made gains of 0.21 percent in the first quarter of the year, supported by a weaker US dollar and inflation. While gains were initially offset by expectations over a US Federal Reserve's interest rate hike, silver headed in an upward motion in March after the hike became official. In addition to the factors mentioned above, analysts also predict that silver will post a supply deficit this year, propping up prices.   Read on for an overview of the factors that impacted the silver market in Q1, plus a look at what investors should watch out for in the next few months of the [...]

Barsele Minerals Corp. (TSXV:BME) reported an operational update for the ongoing exploration program within the Barsele Gold-VMS project area in Västerbottens Län, northern Sweden. The exploration program is being operated by joint venture partner Agnico Eagle Mines Limited (TSX:AEM). As quoted in the press release: Drilling was halted mid-December 2017, for the Christmas holidays. In January 2018, drilling resumed with two diamond drilling machines operational within the property. Twenty-three holes are reported in this news release of which one is expansion and two are infill, six are VMS related tests at Norra and fourteen are regional tests at Risberget. During 2017, 58,281 metres [...]

Precious metals futures on Tuesday ended in opposite directions from Monday, with gold, silver and platinum lower and palladium higher. Gold's loss was its first in five sessions. Gold for April... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

– Silver Futures Report, JP Morgan Record Silver Bullion Holding Is Extremely Bullish – JP Morgan Continues Adding To Massive Silver Bullion Holdings (see chart) – Silver Speculators Go Short – Which Is Extremely Bullish – Stunning Silver COT Report: One For the Ages (see chart) The silver futures Commitment of Traders (COT) report released last Friday was extremely positive and has most silver analysts calling for higher silver prices in the near term. ZeroHedge.com The COT data signaled we are close to bottoming and suggest that both gold and silver should make gains in the coming weeks and months. The data showed [...]

Glacier Lake Resources Inc. (TSXV:GLI) (“Glacier” or the “Company”) has completed the Phase 1 diamond drill program on its Silver Vista property near Smithers, British Columbia. This initial drill program was focused on the main “MR” showing, a clastic sediment-hosted, fine-grained, disseminated copper-silver zone. The core for Hole SV18-01 has been sent to the ALS Minerals laboratory in North Vancouver, B.C. with results to be released once received and reviewed. Seven (7) holes, totaling 1,273 metres were completed. Glacier's program represents the first drilling on the Silver Vista property since the 1991-1992 Equity Silver Mines Ltd. (a division of Placer Dome Inc., now Barrick Gold [...]

– London house prices falling at fastest pace since 2009 – Values fell by 2.6% in year through January – London house prices likely to be weakest in UK over next five years  – Inflated prices make London property more exposed to economic and political shocks – Worries over house prices are having a knock-on effect in wider economy – Physical gold to act as much needed hedge against falling property prices A new study by Acadata as covered by Bloomberg has found house prices in London are falling at their fastest pace since 2009. In the year through to January, [...]

Three of four major precious metals futures advanced on Monday. Gold climbed for a fourth straight session and ended at a more than five-week high. Gold for April delivery rose $5.10, or 0.4%, to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

– London house prices falling at fastest pace since 2009 – Values fell by 2.6% in year through January – London house prices likely to be weakest in UK over next five years  – Inflated prices make London property more exposed to economic and political shocks – Worries over house prices are having a knock-on effect in wider economy – Physical gold to act as much needed hedge against falling property prices A new study by Acadata as covered by Bloomberg has found house prices in London are falling at their fastest pace since 2009. In the year through to January, [...]

Glacier Lake Resources Inc. (TSXV:GLI) (“Glacier” or the “Company”) has completed the Phase 1 diamond drill program on its Silver Vista property near Smithers, British Columbia. This initial drill program was focused on the main “MR” showing, a clastic sediment-hosted, fine-grained, disseminated copper-silver zone. The core for Hole SV18-01 has been sent to the ALS Minerals laboratory in North Vancouver, B.C. with results to be released once received and reviewed. Seven (7) holes, totaling 1,273 metres were completed. Glacier's program represents the first drilling on the Silver Vista property since the 1991-1992 Equity Silver Mines Ltd. (a division of Placer Dome Inc., now Barrick Gold [...]

Precious metals futures ended divided on Friday and for the week. Gold advanced for both, closing at a five-week high. Gold for April delivery tacked on $22.50, or 1.7%, to settle at $1,349.90 an... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]