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<p><em>Editor's note: Updated October 5, 2026, with the 2026 Stanley Cup and World Cup results, current metal prices, a full melt-value method, and corrections to several facts in the original version.</em></p> <div class="prose mt-6 max-w-none rounded border border-slate-200 bg-slate-50 p-8"><span class="rounded-full bg-slate-500 px-2.5 py-1 text-xs text-white uppercase">Quick Answer</span> <h2 class="mt-4 text-lg text-slate-700 uppercase">How much is

<p>If your policy can&rsquo;t drive inflation down, just revise the methodology to make <em>it seem</em> lower.</p> <p>This seems to be the federal government&rsquo;s strategy.</p> <p>The Bureau of Economic Analysis (BEA) has revised the Federal Reserve&rsquo;s favorite inflation gauge to understate inflation just a little bit more.</p> <p>When measuring inflation, most economists and the financial media

<p>Bond yields have risen to levels not seen since 2007. This has created significant headwinds for gold and silver; however, the metals have shown more resilience than one might expect in this environment.</p> <p>Higher interest rate environments have traditionally been bearish for gold and silver. Since they are non-yielding assets, owning metals when interest rates

<p>If your policy can&rsquo;t drive inflation down, just revise the methodology to make <em>it seem</em> lower.</p> <p>This seems to be the federal government&rsquo;s strategy.</p> <p>The Bureau of Economic Analysis (BEA) has revised the Federal Reserve&rsquo;s favorite inflation gauge to understate inflation just a little bit more.</p> <p>When measuring inflation, most economists and the financial media

<p>Bond yields have risen to levels not seen since 2007. This has created significant headwinds for gold and silver; however, the metals have shown more resilience than one might expect in this environment.</p> <p>Higher interest rate environments have traditionally been bearish for gold and silver. Since they are non-yielding assets, owning metals when interest rates

<p><span style="font-weight: 400;">In a new Money Metals podcast interview, analyst Mike Maharrey spoke with veteran technical analyst </span><a href="https://x.com/CliveMaund&quot; target="_blank" rel="noopener"><span style="font-weight: 400;">Clive Maund</span></a><span style="font-weight: 400;"> about the Treasury market, soaring government debt, gold, silver, oil, inflation, and the increasingly unstable global fiat monetary system.</span></p> <p><a href="https://www.youtube.com/@clive_maund&quot; target="_blank" rel="noopener"><span style="font-weight: 400;">Clive Maund</span></a><span style="font-weight: 400;"> has

<p><span style="font-weight: 400;">In a new Money Metals podcast interview, analyst Mike Maharrey spoke with veteran technical analyst </span><a href="https://x.com/CliveMaund&quot; target="_blank" rel="noopener"><span style="font-weight: 400;">Clive Maund</span></a><span style="font-weight: 400;"> about the Treasury market, soaring government debt, gold, silver, oil, inflation, and the increasingly unstable global fiat monetary system.</span></p> <p><a href="https://www.youtube.com/@clive_maund&quot; target="_blank" rel="noopener"><span style="font-weight: 400;">Clive Maund</span></a><span style="font-weight: 400;"> has

Key Takeaways ICG Silver & Gold reported 24.3 m (meters) grading 10.14 g/t Au (gold) and 3.4 g/t Ag (silver) from its Battle Mountain target in Nevada. The interval included 4.6 m at 51.84 g/t Au and a higher-grade section of 1.5 m at 137.0 g/t Au.

Key Investor Takeaways Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) advanced construction at the Stibnite Gold Project, with work progressing on the Burntlog Route, permanent worker housing and powerline infrastructure. Stibnite Gold Project exploration drilling surpassed 10,000 meters, with drilling continuing at the Clark Tunnel Fault Zone, Fiddle, Scout and Hangar Flats targets into fall

Kenorland Minerals Ltd. (KLD:TSX.V; KLDCF:OTCQX; 3WQ0:FSE) reported high-grade drill results from the Frotet project in Quebec, including several step-outs beyond the deposit’s maiden resource, according to a September 29 release. Kenorland holds a 4% net smelter return (NSR) royalty over the entire project. Sumitomo Metal Mining Canada Ltd., a private subsidiary of Sumitomo Metal Mining

<p>Last March, President Donald Trump sat in the Roosevelt Room admiring 10 Venezuelan gold bars. White House officials said they joked about keeping the gold as aides snapped photos. (They weren't exactly kidding, by the way.)</p> <p>Meanwhile, hundreds of millions of dollars in Venezuelan gold sits untouched in warehouses.</p> <p>As it turns out, getting the

<p>Morgan silver dollars contain 90% silver, or 0.7734 troy ounces of pure silver. What was once worth only one dollar is now worth a little more than 77% of the current silver spot price. And that&rsquo;s just the floor value.</p> <p>The Morgan silver dollar&rsquo;s total value comes from three other variables: the date, the mint

<p>Welcome to this week&rsquo;s Market Wrap Podcast, I&rsquo;m Mike Gleason.</p> <p>Coming up, we&rsquo;ll hear from Clive Maund, professional trader, resource sector chart analyst and contributor to <a href="https://www.moneymetals.com/news&quot;>MoneyMetals.com</a>. Clive shares what his highly studied analysis is showing for gold and silver in the days and months ahead, and tells us what price he said would

<p>(Sacramento, California &ndash; October 2, 2026) &ndash; With Gov. Gavin Newsom&rsquo;s signature on AB 2633, California has excluded coin dealers from the provisions that regulate secondhand dealers, scoring a victory for dedicated precious metals dealers across the state.</p> <p>Current California law already excludes coins and commercial grade bullion from the legal definition of &ldquo;tangible personal

<p>You can file this under the category of "things I never thought I'd need to write."</p> <p>Ladies and gentlemen, don&rsquo;t give gold to a stranger in a Walmart parking lot, even if they say, &ldquo;black bug!&rdquo;</p> <p>Yes, this happened.</p> <p>In real life.</p> <p>It started last April when a pop-up appeared on a 78-year-old woman&rsquo;s computer

Algo Grande Copper Corp. (ALGR:TSX.V) has secured five years of surface access at its 100%-owned Adelita project in Sonora, Mexico, according to a September 30 release. The company’s Mexican subsidiary, Exploraciones Margarita SA de CV, signed a temporary occupation agreement with Ejido Palos Chinos y su Anexo El Guamúchil in the municipality of Álamos. The

StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) expects to close its acquisition of the Northumberland Gold Project in Nevada from subsidiaries of Newmont Corp. (NEM:NYSE; NEM:ASX) on or about October 6, leaving it with about CA$90 million in cash to advance the project, according to a September 29 release. The company also said its 10-for-1 share consolidation

Key Investor Takeaways Magna Terra launched a 1,221 line-kilometer airborne geophysical survey at its Prospect Or’s Dream Project in northern New Brunswick, covering magnetic and electromagnetic data across the 18,798-hectare property. Prospect Or’s Dream hosts a 7.2-kilometer gold-bearing trend, where low-sulphidation epithermal gold-bearing quartz veins have been identified within rhyolite,

Key Investor Takeaways Snow Lake’s reserve mine life now extends to 2043, adding two years to the previous plan and bringing the total mine life extension announced in 2026 to six years. Hudbay’s updated Snow Lake mine plan targets average annual gold production of 185,000 ounces from 2026 through 2030,

<p>In August, South Korea announced plans to expand its gold reserves, but so far it&rsquo;s only bought paper.</p> <p>Now it looks like the country&rsquo;s central bank is finally set to get the real thing.</p> <p>To date, the Bank of Korea&rsquo;s &ldquo;gold&rdquo; reserve expansion has involved <a href="https://www.moneymetals.com/news/2026/08/27/south-korea-expands-paper-instead-of-gold-reserves-005165&quot;>buying shares of the SPDR Gold Trust ETF</a>. According

<p><span style="font-weight: 400;">The U.S. dollar remains the world&rsquo;s dominant reserve currency, but countries around the globe are looking for ways to reduce their exposure to it.&nbsp;</span></p> <p><span style="font-weight: 400;">According to Money Metals Midweek Memo host Mike Maharrey, this gradual de-dollarization trend is being fueled not only by America&rsquo;s fiscal problems, but also by Washington&rsquo;s increasing

<p><span style="font-size: 1.125rem;">The Treasury market is in meltdown, and the sector propping it up could ultimately deepen the crisis.</span></p> <p>The 10-year Treasury yield surged to 5.33 percent overnight, the highest level since 2002. Gold Newsletter publisher Brien Lundin called it &ldquo;<a href="https://www.moneymetals.com/news/2026/09/28/the-bond-bloodbath-spreads-005245&quot;>a bond bloodbath</a>.&rdquo;</p> <p>The problem is nobody wants to hold U.S. Treasuries. Foreign investors

<p>The Hunt brothers&rsquo; silver buying spree became one of the most dramatic episodes in precious metals history. In the late 1970s, Texas oil heirs Nelson Bunker Hunt and William Herbert Hunt accumulated enormous positions in physical silver and futures, helping drive silver from under $10 an ounce to nearly $50 by January 1980.</p> <p>Then the

<p>Silver made headlines for its January 29, 2026 high of $121. This price was reported as a historic high, and it was &hellip; until you factor in inflation. Adjusted for inflation, the <em>real</em> historic high for silver was <strong>$212.91 per ounce in August 2026 dollars</strong>.</p> <p>That figure starts with the $49.45 <a href="https://www.lbma.org.uk/prices-and-data/lbma-silver-price&quot;>LBMA silver fix</a>

<p><span style="font-size: 1.125rem;">The Treasury market is in meltdown, and the sector propping it up could ultimately deepen the crisis.</span></p> <p>The 10-year Treasury yield surged to 5.33 percent overnight, the highest level since 2002. Gold Newsletter publisher Brien Lundin called it &ldquo;<a href="https://www.moneymetals.com/news/2026/09/28/the-bond-bloodbath-spreads-005245&quot;>a bond bloodbath</a>.&rdquo;</p> <p>The problem is nobody wants to hold U.S. Treasuries. Foreign investors

Key Investor Takeaways Guitarra processing throughput reached up to a steady 720 tpd, more than 40% above the previous 500 tpd nameplate capacity following Phase 1 crushing and milling modifications. The next expansion targets 1,200 to 1,500 tpd, with the new 11×12 ball mill installed and commissioning expected in November

GoldCoast Resource Corp. (GCR:CSE; GCRFF:OTCQB) announced that its common shares have been approved to commence trading on the OTCQB Venture Market under the ticker GCRFF, according to a September 29 release. The Canadian exploration company targeting offshore gold in Ghana will continue trading on the CSE under GCR, with the OTCQB listing aimed at enhancing

It was July and Galway Metals Inc. (GWM:TSX.V; GAYMF:OTCQB) had just delivered what Chief Executive Officer Robert Hinchcliffe considered good news. The company reported an updated Mineral Resource Estimate for its Clarence Stream Gold Project in New Brunswick that increased total contained gold by 20%. The project now contains 1.42 million ounces of gold in

Key Investor Takeaways Lawyers-Ranch moved into its next environmental assessment stage, with Thesis Gold & Silver submitting the detailed project description to the British Columbia Environmental Assessment Office, providing the basis for the EAO to undertake its readiness decision. The permitting timeline extends through 2029, with an EA draft application

BP Silver Corp. (BPAG:TSXV; BPSCF:OTCQB) announced on September 29, 2026, assay results from the first two holes of its Phase 2 drill program at the Cosuño Silver Project in Bolivia, highlighting a high-grade feeder structure discovery.  Key Takeaways BP Silver reported high-grade silver, bismuth, and antimony mineralization at the Cosuño Silver Project, including 3.0

New assay results released September 24 from KO Gold Inc.’s (KOG:CSE; KOGDF:OTCQB) 100%-owned Smylers Gold Exploration Permit in the Otago Gold District of New Zealand’s South Island are “very consistent with initial drilling that will eventually outline resources” along the Hyde-Macraes Shear Zone corridor, President and Chief Executive Officer Greg Isenor told Streetwise Reports. Isenor

Centenario Gold Corp. (CTG:CSE) has begun its maiden drill program at the Los Reyes copper-moly-gold skarn project in Chihuahua, Mexico, targeting depth extensions of mineralization previously mined by ASARCO at the Jibosa and Tueda shafts. Key Investor Takeaways Centenario Gold is an exploration-stage company focused on copper, gold, and silver projects in the Americas,

Zodiac Gold Inc. (ZAU:TSX.V; ZAU:XFRA; ZAUIF:OTCQB), a West African gold explorer, released soil survey results on September 28, 2026, identifying gold (Au), nickel (Ni), cobalt (Co), chromium (Cr), and copper (Cu) anomalies in a survey covering 530 km (kilometers) of its Liberian licenses, consistent with national data and pointing to polymetallic potential in a jurisdiction

<p>The U.S. government has weaponized the dollar as a foreign policy billy club. This might be good foreign policy, but it carries some significant economic risk.</p> <p>In this episode of the Midweek Memo podcast, Mike Maharrey explains how the U.S. has weaponized its currency and the world's response, highlighting the accelerating pace of de-dollarization and

<p>I recently reported that over <a href="https://www.moneymetals.com/news/2026/09/21/7-million-ounces-of-silver-left-comex-vaults-last-week-with-a-spike-in-deliveries-005220&quot;>7 million ounces of gold flowed out of COMEX vaults</a> the week of Sept. 10-17.</p> <p>Last week, silver flowed back into the COMEX system, partially reversing the drawdown.</p> <p>During the week of Sept. 18-25, around 2.5 million ounces of silver entered COMEX vaults. With the additional metal, total inventory

<p>Last week, I reported that over <a href="https://www.moneymetals.com/news/2026/09/21/7-million-ounces-of-silver-left-comex-vaults-last-week-with-a-spike-in-deliveries-005220&quot;>7 million ounces of gold flowed out of COMEX vaults</a> the week of Sept. 10-17.</p> <p>Last week, silver flowed back into the COMEX system, partially reversing the drawdown.</p> <p>During the week of Sept. 18-25, around 2.5 million ounces of silver entered COMEX vaults. With the additional metal, total

<p>The U.S. government has weaponized the dollar as a foreign policy billy club. This might be good foreign policy, but it carries some significant economic risk.</p> <p>In this episode of the Midweek Memo podcast, Mike Maharrey explains how the U.S. has weaponized its currency and the world's response, highlighting the accelerating pace of de-dollarization and

Investor Takeaways White Gold filed a maiden PEA for its flagship White Gold Project in Yukon, outlining a 9.4-year open pit operation producing an average of 188,000 ounces of gold annually. The White Gold Project PEA outlined a CA$1.856 billion after-tax NPV, 41% IRR, and 1.5-year payback period using a

VR Resources Ltd. (VRR:TSXV; VRRCF:OTCQB; 5VR:FSE) is advancing its New Boston moly-tungsten-copper-silver porphyry project in Nevada amid discussions of whether exploration is paced more by exploration data and geology modeling or simply by financing availability. The company recently closed a CA$7.5 million private placement and submitted a permit amendment to double its allowed drill sites,

Key Investor Takeaways Fenix Gold remains on track for commercial production in Q4 2026 despite severe winter storms that disrupted mining operations and slowed the gold mine’s planned production ramp-up during Q3. Rio2 reported multiple weather-related disruptions at Fenix Gold, including major storms from July 17 to July 24 and Aug.

<p>Ask pretty much anybody, and they&rsquo;ll tell you we have an inflation problem.</p> <p>But what does that mean?</p> <p>And how did it happen?&nbsp;</p> <p>Most people have no clue.</p> <div x-data=" item_id: undefined, view: null " x-html="view || 'Product-Random-Best'" x-init="view = await (await fetch('/shortcodes/product/random/best?category=1')).text()">!!–Product-Random-Best-1–!!</div> <p>The first problem is that policymakers and the media use a very

<p>A Seated Liberty Dollar&rsquo;s value depends almost entirely on three factors: date, mint mark, and condition. A well-worn, common-date example has generally traded for at least a couple hundred dollars in collectible grades. However, there are a few genuine rarities that have sold for well over $1 million.</p> <p>Struck from 1840 to 1873 in 90%

<p>Do you want to know why the U.S. Treasury market is selling off?</p> <p>Listen closely to Canadian Prime Minister Mark Carney. He thinks the world should find an alternative to the U.S. dollar.</p> <p>Now, you might not care what Canadians think. You might think Carney is the son of a silly person. Nevertheless, the head

<p>Ask pretty much anybody, and they&rsquo;ll tell you we have an inflation problem.</p> <p>But what does that mean?</p> <p>And how did it happen?&nbsp;</p> <p>Most people have no clue.</p> <div x-data=" item_id: undefined, view: null " x-html="view || 'Product-Random-Best'" x-init="view = await (await fetch('/shortcodes/product/random/best?category=1')).text()">!!–Product-Random-Best-1–!!</div> <p>The first problem is that policymakers and the media use a very

<p>A Seated Liberty Dollar&rsquo;s value depends almost entirely on three factors: date, mint mark, and condition. A well-worn, common-date example has generally traded for at least a couple hundred dollars in collectible grades. However, there are a few genuine rarities that have sold for well over $1 million.</p> <p>Struck from 1840 to 1873 in 90%

<p>Do you want to know why the U.S. Treasury market is selling off?</p> <p>Listen closely to Canadian Prime Minister Mark Carney. He thinks the world should find an alternative to the U.S. dollar.</p> <p>Now, you might not care what Canadians think. You might think Carney is the son of a silly person. Nevertheless, you have

The modern financial system is built on an assumption so deeply accepted that it is rarely tested: that the institutions and infrastructure standing behind financial assets will remain trustworthy. That assumption holds only in a world where the institutions holding the financial system together act the same way today and tomorrow as they acted yesterday.

Lake Victoria Gold Ltd. (LVG:TSX.V; LVGLF:OTCQB; E1K:FSE) released metallurgical testwork results on September 24, 2026, showing attrition scrubbing and desliming lifted 24-hour gold extraction on weathered Area C material at its fully permitted Imwelo project from 49.99% to 84.54%. The results support process design for early mining sequence material at the project, which sits in

ESGold Corp. (ESAU:CSE; ESAUF:OTCQB; Z7D:FSE) reported that its 2026 diamond drilling program at the Montauban Project in Québec had surpassed 2,000 meters, with multiple holes encountering alteration, quartz-carbonate veining, and locally sulphide-bearing intervals. As of September 15, ESGold had advanced 19 drill holes totaling approximately 2,030 meters of its planned 5,000-meter program. Observed sulphides included

The second tranche consisted of 10,317,073 common shares issued at CA$2.05 per share. The shares were issued in accordance with Canadian Securities Exchange policies and are subject to a hold period of four months and one day. Allied said it intends to use the net proceeds for development of the Vila Verde pilot project, ongoing