Bullion Blog

<p>Gold seems to be the last safe-haven standing.</p> <p>While one would expect U.S. Treasuries to get a boost from the geopolitical uncertainty inherent in a war, they have not. In fact, the 10-year Treasury yield has jumped from 3.96 percent the day before the U.S. and Israel launched their attack to 4.22 percent on the […]

<p>The headline Consumer Price Index was steady in February as inflation continues to rise.</p> <p>How could this be?</p> <p>Because the CPI doesn&rsquo;t measure &ldquo;inflation&rdquo; (<a href="https://www.moneymetals.com/news/2024/01/12/common-definition-of-inflation-you-hear-today-is-wrong-government-propaganda-002925&quot;>as properly defined</a>). It simply reflects the price movements of a basket of goods dreamed up by the BLS. Yes, this does give some indication of the trajectory of <strong>price

<p><span style="font-weight: 400;">In a recent episode of the Money Metals Midweek Memo, host Mike Maharrey discussed how investors can easily lose focus in fast-moving markets. He compared the experience to watching his kitten hunt lizards on the pool deck. The kitten begins stalking a target but quickly becomes distracted by birds or squirrels. </span></p> <p><span

<p>The US Mint introduced American Silver Eagle bullion coins in 1986, each containing one ounce of .999 fine silver. While most Silver Eagles trade close to their <a href="https://www.moneymetals.com/silver-price&quot;>silver value</a>, certain rare issues have become some of the <strong>most valuable Silver Eagles ever minted</strong>, selling for thousands of dollars to collectors.</p> <p>For <strong>coin collectors</strong>, the

<p>Maybe you should invest like a dead man.</p> <p>Sounds crazy, right? But studies have shown accounts belonging to dead people often outperform those that are actively managed.&nbsp;</p> <p>In this episode of the Midweek Memo podcast, host Mike Maharrey makes sense out of this phenomenon and explains why it's particularly valuable to understand during a war.

<p>The US Mint introduced American Silver Eagle bullion coins in 1986, each containing one ounce of .999 fine silver. While most Silver Eagles trade close to their <a href="https://www.moneymetals.com/silver-price&quot;>silver value</a>, certain rare issues have become some of the <strong>most valuable Silver Eagles ever minted</strong>, selling for thousands of dollars to collectors.</p> <p>For <strong>coin collectors</strong>, the

<p>Maybe you should invest like a dead man.</p> <p>Sounds crazy, right? But studies have shown accounts belonging to dead people often outperform those that are actively managed.&nbsp;</p> <p>In this episode of the Midweek Memo podcast, host Mike Maharrey makes sense out of this phenomenon and explains why it's particularly valuable to understand during a war.

<p>Rule changes announced by Indian regulators could further boost demand for precious metals in the country.</p> <p>India ranks as the world&rsquo;s second-largest gold market behind China. It is also one of the top silver-consuming nations.</p> <p>Under the new regulations announced by the Securities and Exchange Board of India (SEBI), equity funds can now invest up

<p>Could the U.S./Israel war against Iran provide additional long-term support to the gold bull market?</p> <p>Analysts at Metals Focus think it might.</p> <p>Historically, <a href="https://www.moneymetals.com/news/2026/03/03/how-has-war-impacted-the-gold-price-in-the-modern-era-004733&quot;>wars have had little impact on the gold market</a> beyond initial safe-haven buying. Typically, other factors, such as central bank monetary policy, come to dominate the market as the war drags

<p>Rule changes announced by Indian regulators could further boost demand for precious metals in the country.</p> <p>India ranks as the world&rsquo;s second-largest gold market behind China. It is also one of the top silver-consuming nations.</p> <p>Under the new regulations announced by the Securities and Exchange Board of India (SEBI), equity funds can now invest up

<p>Could the U.S./Israel war against Iran provide additional long-term support to the gold bull market?</p> <p>Analysts at Metals Focus think it might.</p> <p>Historically, <a href="https://www.moneymetals.com/news/2026/03/03/how-has-war-impacted-the-gold-price-in-the-modern-era-004733&quot;>wars have had little impact on the gold market</a> beyond initial safe-haven buying. Typically, other factors, such as central bank monetary policy, come to dominate the market as the war drags

Source: Michael Ballanger 03/09/2026 Michael Ballanger of GGM Advisory Inc. shares his thoughts on how current events are impacting the markets. Back in March of 1981, the price of oil was trading at an astonishing $34.67 per barrel up from the lows of $6.67 in September of 1974 after the OPEC nations led by most

Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCQX; LLJA:FSE) reported results from metallurgical tests using the Albion hydrometallurgical process that achieved 81% recovery of gold and 96% recovery of silver from post flotation material samples at its wholly owned Iberian Belt West Project. The test work focused on residual material remaining after the flotation process removed base metal

When we first wrote about Aftermath Silver Ltd. (AAG:TSX.V; AAGFF:OTCQX; FLM1:FRA) in September 2024, the idea was straightforward: the scale was already there, but the market needed time to recognize it. The company controlled one of the larger undeveloped silver inventories in Latin America, the stock had pulled back sharply from its 2021 highs, and

Silver Crown Royalties Inc. (SCRI:CBOE; SLCRF:OTCQX; QS0:FSE) announced that an Acceleration Event has occurred under the warrant indenture dated November 4, 2025 between the company and Odyssey Trust Company. According to the company, the Acceleration Event allows the company to accelerate the Expiry Time of certain common share purchase warrants issued under the warrant indenture.

We have had a slew of earnings releases over the past two weeks, with many of the companies having pre-released certain information. The gold companies, for the most part, reported strong fourth-quarter and full-year results, not only on revenue, as one would expect, but also on production. However, many provided soft guidance, including cost increases.

Argentina’s mining sector is drawing renewed attention following recent legislative developments affecting glacier protection laws and their relationship to mineral exploration and development. According to a February 26 report from Reuters, Argentina’s Senate approved a reform to the law protecting Andean glaciers, a measure promoted by President Javier Milei’s government with the aim of unlocking

<p>At first glance, the half cent sounds like a mistake.</p> <p>Modern Americans rarely use pennies, and many people argue the denomination should disappear altogether. So the idea that the United States once produced a coin worth <strong>half of a cent</strong> seems strange today.</p> <p>Yet for much of the early nineteenth century, that tiny copper coin

<p>The global silver market is expected to run another structural deficit in 2026 as silver investment remains strong.</p> <p>This was one of several articles featured in the Silver Institute&rsquo;s most recent <em>Silver News</em> report.</p> <p>According to the Silver Institute, the underlying factors that drove silver to over $100 remain in place.&nbsp;</p> <blockquote> <p>&ldquo;These include tight

<p>The war in Iran is already creating significant logistical disruptions to the gold market.</p> <p>With its airspace closed and many flights grounded, gold stuck in Dubai is being sold at a discount.</p> <p>The United Arab Emirates ranks among the world's top gold refiners and bullion exporters, primarily serving the Asian market. It is also a

<p>At first glance, the half cent sounds like a mistake.</p> <p>Modern Americans rarely use pennies, and many people argue the denomination should disappear altogether. So the idea that the United States once produced a coin worth <strong>half of a cent</strong> seems strange today.</p> <p>Yet for much of the early nineteenth century, that tiny copper coin

<p>The global silver market is expected to run another structural deficit in 2026 as silver investment remains strong.</p> <p>This was one of several articles featured in the Silver Institute&rsquo;s most recent <em>Silver News</em> report.</p> <p>According to the Silver Institute, the underlying factors that drove silver to over $100 remain in place.&nbsp;</p> <blockquote> <p>&ldquo;These include tight

<p>The war in Iran is already creating significant logistical disruptions to the gold market.</p> <p>With its airspace closed and many flights grounded, gold stuck in Dubai is being sold at a discount.</p> <p>The United Arab Emirates ranks among the world's top gold refiners and bullion exporters, primarily serving the Asian market. It is also a

<p><span style="font-weight: 400;">Money Metals podcast host Mike Maharrey recently spoke with </span><a href="https://www.linkedin.com/in/markobyrne/&quot; target="_blank" rel="noopener"><span style="font-weight: 400;">Mark O&rsquo;Byrne, founder of Tara Coins</span></a><span style="font-weight: 400;"> and a longtime authority on precious metals. Their conversation covered everything from the cultural symbolism behind O&rsquo;Byrne&rsquo;s Irish bullion coins to the deeper historical role of gold and silver as money.

<p><span style="font-weight: 400;">Money Metals podcast host Mike Maharrey recently spoke with </span><a href="https://www.linkedin.com/in/markobyrne/&quot; target="_blank" rel="noopener"><span style="font-weight: 400;">Mark O&rsquo;Byrne, founder of Tara Coins</span></a><span style="font-weight: 400;"> and a longtime authority on precious metals. Their conversation covered everything from the cultural symbolism behind O&rsquo;Byrne&rsquo;s Irish bullion coins to the deeper historical role of gold and silver as money.

Nevada has long been one of the most productive gold regions in the world, and many of its most interesting discoveries have come from districts where exploration continued long after the first mine was developed. In mature mining camps like these, drilling often expands beyond the original deposit and reveals additional mineralization that earlier generations

Irving Resources Inc. (IRV:CSE; IRVRF:OTCQX) announced significant developments from its ongoing exploration activities in a March 2 release. The company reported high-grade gold assay results from drill hole 25SY-003 at the Yamagano site, which indicate a promising eastward extension of mineralized veins. Additionally, Irving has provided updates on the progress of drill hole 26SY-001, the

Crossroads Gold Corp. (CRG:TSX.V) began trading Wednesday on the TSX Venture Exchange under the symbol CRG, following its successful go-public financing which raised over CA$5.2 million, the company said in a March 4 release. “The TSX-V’s approval of our listing marks a major milestone for Crossroads as we transition into a new chapter as a

Cabral Gold Inc. (CBR:TSX.V; CBGZF:OTCMKTS) provided a construction update on its phase 1 gold-in-oxide heap leach project located in the Cuiu Cuiu gold district in Brazil, according to a March 5 release. As of now, the construction activities are 54% complete, with 71% of the project costs already committed under contract, the company said. The

<p>Welcome to this week&rsquo;s Market Wrap Podcast, I&rsquo;m Mike Gleason.</p> <p>Coming up in a moment we have a special interview with Mark O'Byrne the Founder of Tara Coins in Ireland. Not only is Mark the creator of the stunningly beautiful <a href="https://www.moneymetals.com/search?q=tree+of+life&quot;>Tree of Life gold and silver coins</a> &ndash; available at <a href="http://moneymetals.com/&quot;>MoneyMetals.com</a> &ndash; but

<p>Welcome to this week&rsquo;s Market Wrap Podcast, I&rsquo;m Mike Gleason.</p> <p>Coming up in a moment we have a special interview with Mark O'Byrne the Founder of Tara Coins in Ireland. Not only is Mark the creator of the stunningly beautiful <a href="https://www.moneymetals.com/search?q=tree+of+life&quot;>Tree of Life gold and silver coins</a> &ndash; available at <a href="http://moneymetals.com/&quot;>MoneyMetals.com</a> &ndash; but

The plunge protection team was out in full force yesterday as they and the buy the dip crowd managed to rally the S&P 500 back above the support line. This manipulation put on a brave face, but I think it will eventually be in vain, as the economic and investment fundamentals are declining more rapidly.

Aztec Minerals Corp. (AZT:TSX.V; AZZTF:OTCQB) announced the results from an additional five drill holes from its 2025-2026 reverse circulation (RC) drilling program at the Tombstone Property in Southeastern Arizona, according to a March 2 release. The program, which has completed 53 RC and five core drill holes, has successfully expanded the mineralized zones at the

Copper Quest Exploration Inc. (CQX:CSE; IMIMF:OTCQB; 3MX:FSE) has assembled a diversified copper and gold exploration portfolio across top-tier North American jurisdictions at a time when copper has moved firmly into the category of strategic metals tied to electrification, infrastructure renewal, and national supply chains. Rather than building a single-asset story, Copper Quest has consolidated a

Eminent Gold Corporation (EMNT:TSXV; EMGDF:OTCQB; 7AB:FSE) announced that Kinross Gold Corp. (K:TSX;  KGC:NYSE) exercised 3,787,118 common share purchase warrants of the company and now owns 11,361,355 common shares, representing approximately 13.8% of the issued and outstanding common shares on a non-diluted basis. According to the company, the warrant exercise at CA$0.70 generated gross proceeds of

Allied Critical Metals Inc. (ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE) announced the results of its initial Preliminary Economic Assessment (PEA) for its 100% owned Borralha Tungsten Project in northern Portugal. The study outlines the conceptual development of an underground mining operation at the Santa Helena Breccia deposit with a nominal processing capacity of 1.4 million tonnes per year

<p>The <a href="https://www.moneymetals.com/podcasts/2025/11/12/the-debt-black-hole-004473&quot;>Debt Black Hole</a> keeps getting bigger.</p> <p>Household debt grew modestly in the fourth quarter of 2025, ending the year at another record high.</p> <p>According to <a href="https://www.newyorkfed.org/microeconomics/hhdc&quot; target="_blank" rel="noopener">the latest data from the New York Fed</a>, household debt grew by $191 billion in Q4, a 1 percent increase. That pushed total household debt

<p>South Korea plans to boost its gold holdings for the first time since 2013. However, it will take an unusual approach. According to an announcement, the Bank of Korea will incorporate overseas-listed gold ETFs into its foreign reserve portfolio.</p> <p>Bank of Korea official Heung-Soon Jung <a href="https://www.moneymetals.com/news/2025/10/30/south-korea-may-join-central-bank-gold-buying-spree-004449&quot;>announced plans for additional gold purchases</a> last fall.</p> <p>The

<p>Inflation isn&rsquo;t &ldquo;transitory.&rdquo; Government debt hasn&rsquo;t slowed. And the purchasing power of the dollar continues to erode year after year.</p> <p>Investors are noticing.</p> <p>While stocks trade near historic valuations and bonds struggle in real terms, many Americans are rediscovering something tangible: <strong>physical silver</strong>.</p> <p><strong>Investing in silver</strong> isn&rsquo;t just about chasing price spikes. It&rsquo;s about positioning

<p><span style="font-weight: 400;">In a recent episode of the Money Metals Midweek Memo, host Mike Maharrey discussed volatility in the gold and silver markets amid escalating geopolitical tensions and broader financial market turmoil. Maharrey opened by criticizing mainstream financial media coverage of a recent selloff that occurred as markets reacted to a conflict involving Iran.</span></p> <p><span

<p>The <a href="https://www.moneymetals.com/news/2026/01/31/some-thoughts-on-the-gold-and-silver-sell-off-004652&quot;>big gold selloff in January</a> didn&rsquo;t seem to deter investment demand. Despite the big correction in the gold price, metal continued to flow into ETFs last month.</p> <p>ETF gold holdings rose to an all-time high in January, and gold-backed funds continued to add to their assets in February. ETFs added 26 tonnes of

<p>Don&rsquo;t just do something; stand there!</p> <p>Turns out this might be a pretty good investment strategy.</p> <p>Research conducted by Dalbar, Fidelity, and Vanguard reveals that dead people tend to be better investors than the living.</p> <p>Now, I&rsquo;m not suggesting suicide here. But you can adopt the strategy a dead person would employ &ndash; doing absolutely

<p>Inflation isn&rsquo;t &ldquo;transitory.&rdquo; Government debt hasn&rsquo;t slowed. And the purchasing power of the dollar continues to erode year after year.</p> <p>Investors are noticing.</p> <p>While stocks trade near historic valuations and bonds struggle in real terms, many Americans are rediscovering something tangible: <strong>physical silver</strong>.</p> <p><strong>Investing in silver</strong> isn&rsquo;t just about chasing price spikes. It&rsquo;s about positioning

<p>The <a href="https://www.moneymetals.com/podcasts/2025/11/12/the-debt-black-hole-004473&quot;>Debt Black Hole</a> keeps getting bigger.</p> <p>Household debt grew modestly in the fourth quarter of 2025, ending the year at another record high.</p> <p>According to <a href="https://www.newyorkfed.org/microeconomics/hhdc&quot; target="_blank" rel="noopener">the latest data from the New York Fed</a>, household debt grew by $191 billion in Q4, a 1 percent increase. That pushed total household debt

<p>South Korea plans to boost its gold holdings for the first time since 2013. However, it will take an unusual approach. According to an announcement, the Bank of Korea will incorporate overseas-listed gold ETFs into its foreign reserve portfolio.</p> <p>Bank of Korea official Heung-Soon Jung <a href="https://www.moneymetals.com/news/2025/10/30/south-korea-may-join-central-bank-gold-buying-spree-004449&quot;>announced plans for additional gold purchases</a> last fall.</p> <p>The

<p><span style="font-weight: 400;">In a recent episode of the Money Metals Midweek Memo, host Mike Maharrey discussed volatility in the gold and silver markets amid escalating geopolitical tensions and broader financial market turmoil. Maharrey opened by criticizing mainstream financial media coverage of a recent selloff that occurred as markets reacted to a conflict involving Iran.</span></p> <p><span

<p>The <a href="https://www.moneymetals.com/news/2026/01/31/some-thoughts-on-the-gold-and-silver-sell-off-004652&quot;>big gold selloff in January</a> didn&rsquo;t seem to deter investment demand. Despite the big correction in the gold price, metal continued to flow into ETFs last month.</p> <p>ETF gold holdings rose to an all-time high in January, and gold-backed funds continued to add to their assets in February. ETFs added 26 tonnes of

<p>Don&rsquo;t just do something; stand there!</p> <p>Turns out this might be a pretty good investment strategy.</p> <p>Research conducted by Dalbar, Fidelity, and Vanguard reveals that dead people tend to be better investors than the living.</p> <p>Now, I&rsquo;m not suggesting suicide here. But you can adopt the strategy a dead person would employ &ndash; doing absolutely

This year’s TSX Venture 50 list showcases a notable shift in sentiment towards the mining sector, Melissa Pistilli of Investing News Network reported on February 20. The TSX Venture 50 ranks the top companies from over 1,600 listed on the TSX Venture Exchange, based on their annual performance across three criteria: one-year share price appreciation,

Tungsten is described as a cornerstone of heavy industry, though it often receives little public attention. According to a February 23 report from Mining.com, tungsten carbide, prized for its extreme hardness and density, is essential in machine parts, drill bits, and hard-facing materials, and in many applications, it is close to irreplaceable, making the metal