bullion@bullionsingapore.com

<p>We don't really know what's inside the Fort Knox gold depository because the government refuses to do a comprehensive audit. But even if we take the government's claims at face value, we do know that the bulk of the U.S. gold reserves is made up of impure &ldquo;non-standard&rdquo; bars that don&rsquo;t qualify for use in […]

<p>Mainstream economists have been at war with gold for years.</p> <p>And gold is winning.</p> <p>Aaron Brown formerly served as head of market research for AQR Capital Management and now works as a columnist for <em>Bloomberg</em>. In <a href="https://www.bloomberg.com/opinion/articles/2026-04-08/gold-proves-its-enduring-power-over-modern-monetary-institutions&quot; target="_blank" rel="noopener">a recent op-ed</a>, he chronicled gold&rsquo;s ongoing war with economists.</p> <p>John Maynard Keynes fired the first

<p>This is your monthly reminder that the U.S. government still has a massive spending problem.</p> <p>The federal government&rsquo;s <a href="https://www.moneymetals.com/podcasts/2025/11/12/the-debt-black-hole-004473&quot;>Debt Black Hole</a> got a little bigger in March, as Uncle Sam ran yet another big budget deficit.</p> <p>According to the Monthly Treasury Statement, the Trump administration spent $164.1 billion more than it took in last

Canary Gold Corp. (BRAZ:CSE; CNYGF:OTC; K5D:FSE) is announced the recent installation and commissioning of a new centrifuge at its exploration sampling facility in Porto Velho, Rondônia, Brazil, according to an April 9 release. This second centrifuge is set to boost the sample processing capacity, significantly aiding the company’s expanding reconnaissance drilling efforts at the Madeira

On April 7, 2026, Mercado Minerals Ltd. (MERC:CSE; MRMNF:OTCQB; M2R:FSE) announced it had begun trading on the OTCQB Venture Market under the symbol MRMNF. The company originally traded on the Canadian Securities Exchange and the Frankfurt Stock Exchange, under the symbols MERC and M2R, respectively. Adding the OTCQB market opens the stock up to be more

NexGold Mining Corp. (NEXG:TSX.V; NXGCF:OTCQX; TRC1:FSE) reported additional results from its ongoing diamond drilling program at the Goliath Gold Complex, specifically at the Goldlund Deposit in Ontario. The program comprises up to 25,000 meters of drilling and is focused on infilling and potentially expanding open-pit Mineral Resources. The latest results include 777 meters of drilling

Star Gold Corp. (SRGZ:OTCQB) is putting its long-held Longstreet Gold Project in Nevada into play, given the recent rise in gold prices. At Streetwise Reports, we had the opportunity to catch up with Star Gold CEO Lindsay Gorrill for an in-depth chat on the company and its trajectory on April 8, 2026. Gorrill has built

Silver Crown Royalties Inc. (SCRI:CBOE; SLCRF:OTCQX; QS0:FSE) announced that it has arranged a fully allocated non-brokered private placement of common shares for gross proceeds of approximately CA$4.5 million. The offering consists of 321,429 common shares issued to strategic investors at a price of CA$14 per share. The company stated that the offering price represents a

<p><strong>Are Morgan Silver Dollars a good investment?</strong> For most investors, no. While Morgan Silver Dollars have historic appeal and some collector value, common-date coins often carry high premiums, wide resale spreads, and less upside than standard <a href="https://www.moneymetals.com/buy/silver&quot;>silver bullion</a>.</p> <p>That does not mean Morgan Dollars have no value. Certain rare dates and high-grade examples can

<p>The expected surge in prices due to the Iran War showed up in the March CPI data. However, it doesn't tell the real inflation story.</p> <p>Without a doubt, price inflation is up. The cost of the basket of goods the BLS uses to calculate the CPI rose 0.9 percent month-on-month, <a href="https://www.bls.gov/news.release/cpi.nr0.htm&quot; target="_blank" rel="noopener">according to

<p>A move by China could exacerbate already tight silver supplies.</p> <p>Chinese officials have indicated they will stop exports of sulfuric acid beginning next month. The ban could last through the rest of 2026.</p> <p>According to Mining.com, &ldquo;<em>Some sulfuric acid producers in the country recently received notifications about the change, and one large buyer has been

<p><span style="font-weight: 400;">In a rapidly shifting geopolitical environment, gold continues to demonstrate both its resilience and its complexity as a financial asset.&nbsp;</span></p> <p><span style="font-weight: 400;">In a recent episode of the </span><i><span style="font-weight: 400;">Money Metals Podcast</span></i><span style="font-weight: 400;">, host Mike Maharrey spoke with Joe Cavatoni, </span><a href="https://www.gold.org/goldhub/gold-focus/author/joseph-cavatoni&quot; target="_blank" rel="noopener"><span style="font-weight: 400;">Market Strategist for North America at

Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A402CQ:WKN; 3TZ:FSE) announced the successful closure of its previously announced non-brokered private placement, which has exceeded its subscription targets, raising a total of CA$871,000, according to an April 8 release. The offering included units comprised of one common share of the company and a corresponding purchase warrant. The terms

Kingsmen Resources Ltd. (KNG:TSXV) has added the Claudia 2 Claim, specifically the untested Saddle target, parallel structures, and southerly extensions, to its Soledad and Soledad II gold and silver vein systems at Las Coloradas. In a news release on April 7, 2026, company president Scott Eerson said, “The purchase of the Claudia 2 claim represents

West Point Gold Corp. (WPG:TSXV; WPGCF:OTCQB) reported initial drill results from its Sheep Trail and South Tyro targets at the Gold Chain Project in Arizona. The company stated that shallow gold mineralization was intersected at the Sheep Trail target, located approximately 600 meters south of the Tyro Main Zone. The results across the upper portions

View Important Disclosures for this Article Close Important Disclosures:  ESGold Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.  This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment

We can see below the gold selling after the war started was all North America. Asia actually bought a little Data for physical buying is not out yet and will be interesting to see if Q1 2026 keeps up with 2025’s pace. For more on gold, check the PlayStocks Gold Pages (#3 in Google search).

Heliostar Metals Ltd. (HSTR:TSX.V; HSTXF:OTC; RGG1:FRA)announced drill results from testing the down-dip extension of its Ana Paula gold resource estimate in Guerrero, Mexico. On April 9, 2026, Newsfile Corp. reported the Expansion Zone results of: 101.0 m grading 5.34 g/t gold from 512.5m 8.75 m grading 9.11 g/t gold from 484.65m 27.2

<p>Welcome to this week&rsquo;s Market Wrap Podcast, I&rsquo;m Mike Gleason.</p> <p>Coming up, don&rsquo;t miss an exclusive interview with Joe Cavatoni of the World Gold Council. Joe is a market strategist with over 30 years of financial services experience and helps us make sense of how gold has reacted and likely will react in the face

<p>Gold is supposed to rise in uncertain times. So why does it sometimes fall right when investors need it most? <strong>What causes gold prices to drop</strong>?</p> <p>Dropping gold prices do not mean that gold is a bad investment. Instead, it indicates that gold can have a volatile market in the short term. Several factors cause

<p>I&rsquo;ve got a good story for the knuckleheads who run around claiming &ldquo;gold is useless.&rdquo; Yes, people really do say that.</p> <p>So, you&rsquo;ve heard of people looking at the world through rose colored glasses?</p> <p>Well, when astronauts finally walk on the moon again, they&rsquo;ll be looking through gold-colored visors.</p> <p>Growing up in the 1970s, I

ESGold Corp. (ESAU:CSE; ESAUF:OTCQB; Z7D:FSE) reported that it is advancing multiple work streams at its Montauban Gold-Silver Project in Québec, including drilling preparations, district-scale exploration, and mill development, as it moves toward anticipated operations in 2026. Drill permits have been formally submitted to the Québec government, with the Company targeting the commencement of drilling in

A brutal shakeout, washed-out sentiment, and a growing replacement problem may be setting the stage for the next leg higher There is a familiar chorus coming back into the market again. Gold and silver have had a strong run. Precious metals shares have corrected. Junior resource stocks have been hit hard, as they often are

Sun Summit Minerals Corp. (SMN:TSX.V; SMREF:OTCQB) reported that it has engaged Fuse Advisors Inc. and Blue Coast Research Ltd. for an initial metallurgical test program at the Creek and Finn zones of its JD Project in the Toodoggone Mining District in north-central British Columbia. According to the company, the metallurgical testwork program has commenced and

Overlooked for years, Egypt’s mining sector is drawing strong interest from investors after it has undergone sweeping legal and organizational reforms, according to a report by Sherine Samir for Egypt Oil & Gas Group in July 2025. “Investor appetite intensified since 2020 following changes to the 2014 mining law, which eliminated the requirement for companies

<p>It looks like gold or silver, but you do not want to damage it, overpay for it, or get fooled by plating. That is the real challenge with home testing. You can learn a lot at home, but no single DIY test will authenticate every item with certainty.</p> <p>If you are wondering <strong>how to test

<p>Central bank gold buying has slowed significantly in the last few months. However, analysts at Metals Focus think this is a temporary reaction to current factors and not the beginning of a new trend.</p> <p>Demand from central banks was a key factor driving the gold price up over the last few years.</p> <p>While central bank

<p><strong>(Nashville, Tennessee &ndash; April 9, 2026)</strong><span>&nbsp;</span>– Lawmakers in Tennessee delivered yet another blow to government &ldquo;transactional gold&rdquo; schemes when the Legislature rejected harmful legislation today, joining more than a dozen other states, including <a href="https://www.soundmoneydefense.org/news/2026/03/27/georgia-rejects-big-government-transactional-gold-bill-joining-more-than-a-dozen-other-states-000659&quot; target="_blank" rel="noopener">Georgia</a>, Kansas, Arizona, West Virginia, Indiana, Kentucky, South Dakota, Idaho, Mississippi, Wyoming, and Michigan in abandoning these schemes.</p> <p>House

<p>The bulk of the U.S. gold reserves held in Fort Knox is made up of impure &ldquo;non-standard&rdquo; bars that don&rsquo;t qualify for use in international settlements. &nbsp;</p> <p>In practice, this means that most of America&rsquo;s massive gold stockpile is illiquid and wouldn&rsquo;t be readily accepted on the international market should the need arise.</p> <p>&ldquo;<em>It's a

<p>Unsurprisingly, given the significant price corrections in January and after the onset of the Iran conflict, significant amounts of metal flowed out of gold ETFs in March. However, it was a tale of regions, with North American funds accounting for the bulk of those outflows and Asian ETFs actually adding metal during the month.</p> <p>On

<p><span style="font-weight: 400;">In this episode of the Money Metals Midweek Memo, host Mike Maharrey opens with a simple but effective point. People often give one reason for doing something, and that reason may be true, but it may not be the whole truth. He uses a personal childhood story to introduce that idea, then applies

Allied Critical Metals Inc. (ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE) announced significant drilling results from its Borralha Tungsten Project in northern Portugal, specifically from the newly confirmed Venise Breccia target, according to an April 7 release. The drilling intersected over 200 meters of breccia-hosted tungsten mineralization, showcasing zones of hydrothermal alteration and quartz-sulfide veining that contain visible wolframite,

In an April 6, 2026, equity research update, the Couloir Capital Research Team reiterated a BUY rating on P2 Gold Inc. (PGLD:TSXV) with an unchanged fair value estimate of CA$0.93 per share, representing approximately 31% upside from the then-current price of CA$0.71. The rating is supported by expanding drilling results at the Lucky Strike Zone,

Dryden Gold Corp. (DRY:TSXV; DRYGF:OTCQX; X7W:FSE) announced on April 2, 2026, three new major gold discoveries at its Big Master Gold System at Gold Rock. Dryden Gold’s CEO, Trey Wasser, said, “The evolution of our exploration program at Gold Rock is extremely exciting and has shifted into high gear. Through mapping and sampling, the team

Copper Giant Resources Corp. (CGNT:TSXV; LBCMF:OTCQB) reported the mobilization of a third diamond drill rig as part of its 2026 exploration program at the Mocoa copper–molybdenum porphyry project in Colombia. The company stated that Mocoa is a Jurassic-age porphyry Cu-Mo deposit, where drilling has delineated continuous copper and molybdenum mineralization from surface to depths exceeding

<p>The French central bank recently sold all of the gold it had stored in New York and replaced it with higher-quality bars that will remain in France. French officials say the move was to increase the quality of its reserves and was not politically motivated.&nbsp;</p> <p>Mike Maharrey doesn't think that's the entire story, and in

West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQX; UJO:FSE) reported drill results from its recently completed infill and conversion drilling program at the 100% owned Rowan Project in the Red Lake Mining District of Northwestern Ontario. The results are focused on the high-grade Rowan vein system and follow previously announced intercepts in January and February

Rackla Metals Inc. (RAK:TSX.V) released an update on March 30, 2026, on its newly acquired Lentung Tungsten Property, revealing data compilation for the area. Rackla has spent the last year digitizing compiled historical data for its 19,600-hectare property, including documentation about surrounding drilling, assays, and technical studies of the site. The company intends to use this

This is rapidly becoming one of the most pronounced stagflationary environments in decades. Inflation is accelerating while growth is rolling over sharply. That leaves the Fed in a real bind. At these levels of debt, you either save growth or kill inflation. And the truth is, policymakers will choose the former — because they can’t

Amarc Resources Ltd. (AHR:TSX.V; AXREF.OB:OTCBB) is continuing to partner with Boliden Mineral Canada Ltd. to explore the DUKE copper-gold project in British Columbia. On April 1, 2026, Amarc gave a press release announcing that a Boliden AB (BLIDF: OTCPK; BOLD:ST) 60% / Amarc 40% Joint Venture from November 2022 has begun. Boliden invested CA$30 million

<p>In a move that netted a nice capital gain, the Banque de France (BdF) sold the remainder of its gold held in the U.S. and replaced it with higher-quality bars purchased in Europe.</p> <p>The move significantly upgraded the quality of the French central bank's gold reserves. And while officials won&rsquo;t talk about it out loud,

<p>In what seems like a groundbreaking move, an Indian gold ETF is set to back its fund with gold futures contracts, as well as physical metal.</p> <p>ETF is an acronym for &ldquo;Exchange Traded Fund.&rdquo; In simplest terms, an ETF represents a basket of investments that trades on the market as a single entity. An ETF

<p>Silver does not move quietly for long.</p> <p>When prices start climbing, most headlines fall back on the usual explanations, inflation fears, a weaker dollar, or vague &ldquo;safe haven demand.&rdquo; These do not adequately answer the crucial investor question: &ldquo;Why is silver going up?&rdquo;</p> <p>The answer comes from several key forces that do not always make

Tungsten, a niche and incredibly strong critical metal, has skyrocketed in price in a 557% rally, reported at a high of US$3,150/mtu on March 27, 2026. The critical metal price has risen primarily due to trade restrictions from China, the world’s top tungsten producer, and demands from the U.S.-Iran War. As one of the strongest

Pan American Silver Corp. (PAAS:TSX; PAAS:NYSE) released a revised Preliminary Economic Assessment of La Colorada Skarn deposit, transforming the huge project to smaller but lower-risk project with lower capex and higher leverage to silver. Using byproduct credit accounting, costs for the silver would be negative. Significantly, the revised plans, unlike the 2023 study, will not

H.C. Wainwright initiated coverage on Atlas Critical Minerals Corp. (ATCX; NASDAQ) on April 6, 2026, with a Buy rating and a price target of US$13.75, representing approximately 142% upside to the April 2, 2026, share price of US$5.69. The firm views ATCX as uniquely positioned to benefit from the structural shift in global critical minerals

Algo Grande Copper Corp. (ALGR:TSX.V) has released results from its Cerro Grande Skarn Phase 1 drill program, part of the company’s Adelita Project in Sonora, Mexico. On April 2, 2026, Access Newswire reported assay results from the company’s exploration of the three remaining drill holes in its inaugural drilling program. Algo Grande’s earlier tests suggested a

Source: Michael Ballanger 04/06/2026 Michael Ballanger of GGM Advisory Inc. shares his view on the current state of the markets, specifically looking at oil. Back in the 1970’s, as I was toiling diligently within the halls of Saint Louis University to complete my business degree, I witnessed long line-ups of frustrated drivers waiting diligently for

<p>On the heels of a credit outlook downgrade for New York City, Mayor Zohran Mamdani and the state legislature have just declared war on the financial center&rsquo;s vibrant gold bullion market.</p> <p>Global credit ratings agency Moody&rsquo;s dropped the Big Apple&rsquo;s outlook from &ldquo;stable&rdquo; to &ldquo;negative,&rdquo; releasing a<span>&nbsp;</span><a href="https://ratings.moodys.com/ratings-news/461132&quot; target="_blank" rel="noopener">statement</a>:</p> <blockquote> <p>The outlook change to

<p><strong>Stocks</strong> have helped many investors build their <strong>wealth</strong>. They have also brought about massive drawdowns, inflation shocks, and periods where &ldquo;paper wealth&rdquo; evaporated overnight.</p> <p>And yet, many investors continue to treat gold and silver as relics. Despite such treatment, precious metals have preserved purchasing power through wars, currency resets, and financial crises.</p> <p>The debate between