Bullion Blog

<p><span style="font-weight: 400;">Gold and silver have pushed decisively higher, but veteran precious metals analyst </span><a href="https://www.linkedin.com/in/thedavidmorgan&quot; target="_blank" rel="noopener"><span style="font-weight: 400;">David Morgan</span></a><span style="font-weight: 400;"> believes the bigger story goes far beyond the latest price move.</span></p> <p><span style="font-weight: 400;">Speaking with Money Metals podcast host Mike Maharrey, Morgan, publisher of </span><a href="https://www.themorganreport.com/&quot; target="_blank" rel="noopener"><i><span style="font-weight: 400;">The Morgan Report</span></i></a><span […]

Kirkland Lake Discoveries Corp. (KLDC:TSXV; KLKLF:OTC) has reported assay results from seven additional drill holes at the Mirado Gold Project in northeastern Ontario, according to an August 18 release. The results highlight broad near-surface mineralization, high-grade gold beneath the historical resource, and continued expansion of the North Zone, the release said. The company has also

Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) reached a major financing milestone with unanimous U.S. EXIM Board approval for a US$2.9 billion senior secured loan to support development of the Stibnite Gold Project in Idaho. The approved financing, together with the company’s US$574.2 million of unrestricted cash at quarter-end, is expected to provide sufficient capital to cover

As of August 18, 2026, Dryden Gold Corp.’s (DRY:TSXV; DRYGF:OTCQX; X7W:FSE) option agreement to acquire a 100% interest in the Lost Lake gold property in Ontario has been approved for filing by the TSX Venture Exchange, with the company subsequently closing the initial tranche of consideration. CA$10,000 has been paid by Dryden to Orebot. In addition,

Gold and the S&P 500 sit at opposite ends of the investment spectrum: one is a finite, physical store of value with thousands of years of history, the other a basket of 500 of America’s largest companies representing the growth engine of the world’s biggest economy. Investors researching gold vs the S&P 500 are usually

<p>If you live long enough, you&rsquo;re going to have some regrets.</p> <p>Woulda, coulda, shoulda, as my dad was fond of saying.</p> <p>The thing about regrets is that they were totally avoidable. That&rsquo;s why they&rsquo;re regrets. We made a bad decision, a questionable call, a wrong turn.</p> <p>But regrets aren&rsquo;t all bad. We can learn from

<p>Welcome to this week&rsquo;s Market Wrap Podcast, I&rsquo;m Mike Gleason.</p> <p>Coming up we&rsquo;ll hear from our good friend David Morgan of The Morgan Report. David tells us why he believes we&rsquo;re witnessing the playing out of a battle between gold &amp; silver and the U.S. Treasury &amp; credit markets as the safest and most trusted

GoldCoast Resource Corp. (GCR:CSE) has secured roughly CA$10.7 million in funding and debuted its shares on the Canadian Securities Exchange on August 10 under the symbol GCR, according to an August 18 release. The capital supports a three-phase exploration program targeting placer gold in shallow waters along Ghana’s western coastline. Gold prices recently reached a

StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) has agreed to buy the Northumberland Gold Project in Nevada from Newmont subsidiaries in a transaction that immediately positions the junior explorer with a major past-producing asset in one of the world’s top gold districts. The purchase price includes US$70 million paid in cash at closing, along with two additional

Silver North Resources Ltd. (SNAG:TSX.V; TARSF:OTCQB) is a Canadian exploration-stage company focused on high-grade silver discoveries in the Yukon Territory, with three major projects: Veronica, Tim, and Haldane. The company’s flagship is Haldane, which is located in the historic Keno Hill Silver District, a region renowned for world-class silver grades. There, the company has made three

GoldCoast Resource Corp. (GCR:CSE) released a corporate and exploration update following the August 10 debut of its common shares on the Canadian Securities Exchange under the symbol “GCR,” according to an August 18 release. The company said it has raised about CA$10.7 million from founders, institutional and high-net-worth investors to date — including a CA$9.07

The copper market is drawing fresh attention from retail investors because demand from data centers, power grids, and clean energy infrastructure continues to climb. Businessworld noted that strategic sectors could account for nearly 45 percent of global copper use by 2040. Against this backdrop, a Canadian junior is generating early technical signals at a British

StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) has entered into a definitive purchase agreement to acquire the Northumberland Gold Project in Nevada’s Walker Lane from subsidiaries of Newmont Corp. (NEM:NYSE; NGT:TSX; NEM:ASX) for US$70 million in cash up front, according to an August 18 release. The deal also carries two contingent payments of US$25 million each —

Torr Metals Inc. (TMET:TSX.V) is a Vancouver-based junior explorer advancing two highway-accessible, 100%-owned assets in Canada: the Kolos Copper-Gold Project (BC) and the Filion Gold Project (Ontario). Key exploration milestones include ongoing drilling at Kolos’ Bertha North target, where the first-ever drilling has confirmed a large porphyry-style hydrothermal system, with copper sulphides, hydrothermal brecciation, stockwork veining, and potassic alteration

Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) reported that it has filed unaudited condensed consolidated financial results for the period ended June 30, according to an August 17 release. The company said additional details about the filings can be found on EDGAR and SEDAR+. Perpetua is advancing plans to establish a U.S.-based supply of the critical mineral

<p>154 days.</p> <p>That&rsquo;s how long it took the Trump administration to add another $1 trillion to the national debt.</p> <p>As of August 18, the national debt stood at $40,047,425,768,420.22.</p> <p>Let&rsquo;s try to put the debt into some perspective.</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=all')).text()">!!–Product-Random-Best-All–!!</div> <p>Over the

<p>In a transparent effort to manipulate the bond market, the U.S. Treasury announced it would double the size of its &ldquo;liquidity support&rdquo; buybacks.</p> <p>According to the announcement, the Treasury Department will increase buybacks of Treasury securities in the 10-20 and 20-30-year maturity sectors from a maximum of $2 billion to $4 billion per operation.</p> <p>The

<p><span style="font-weight: 400;">The United States is closing in on a milestone that would have been almost unimaginable not long ago: $40 trillion in national debt.</span></p> <p><span style="font-weight: 400;">That staggering figure framed the latest episode of the </span><i><span style="font-weight: 400;">Money Metals Midweek Memo</span></i><span style="font-weight: 400;">, as host Mike Maharrey examined what he calls the economy&rsquo;s &ldquo;debt

<p>After facing significant headwinds over the last couple of months, a recovery seems to be brewing in the Indian gold market.</p> <p>India ranks as the second-largest gold market behind <a href="https://www.moneymetals.com/news/2026/08/18/chinese-gold-demand-was-steady-in-july-005147&quot;>China</a>.</p> <p>After domestic gold corrected sharply in June, the price stabilized in July and began recovering in early August.</p> <p>In rupee terms, gold gained about

Gold jumped 4.4% from Tuesday’s close in Wednesday’s US trade, landing near USD 4,522/oz. Silver did better still, up over 6% and back above USD 67/oz. What lit the fuse was one very specific headline, that the US Treasury would double buybacks of long-dated Treasuries. This came out of the blue, and affects the 10-to-30-year

Silver demand is rising from both investment flows and technology sectors, including solar power and electronics. According to an August 12 Investing.com report, analysts see prices moving toward US$75 per ounce in the near term and US$90 over the next six to twelve months. The market remains in deficit through 2027, with investment demand recovering

A Canadian copper-gold explorer is grabbing investor attention with discoveries from its ongoing drill program. Key Takeaways Torr Metals intersected copper sulphides and potassic alteration at its Bertha North target in British Columbia. Drilling has advanced the potential copper-gold porphyry system at the company’s Kolos project. Copper sulphides were identified in multiple

Copper demand is accelerating from data centers, defense spending, and clean energy infrastructure, creating a timely backdrop for explorers in established districts. Retail investors are watching British Columbia’s Highland Valley area closely as one junior advances its project with fresh drill data. Why This BC Copper Project Stands Out Now Getty Copper Inc. (GTC:TSX.V; GTCDF:OTCMKTS)

Gold and copper markets are drawing fresh attention from retail investors amid rising industrial demand and shifting supply dynamics. Prices for both metals have shown resilience despite volatility, creating a backdrop where early-stage exploration projects in established belts can gain traction. Why Sendero Resources Stands Out in Argentina’s Vicuna Belt Sendero Resources Corp. (SEND:TSX.V) operates

One exploration company has an expert calling its project “outstanding,” grabbing gold and copper investors’ attention. Key Takeaways Sendero Resources intersected 48 g/t Ag (silver) over 1.5 m (meters) at its Peñas Negras project in Argentina. All three drill holes returned gold and silver mineralization, supporting the company’s geological model. One drill

Why is gold valuable? For investors, that’s not idle curiosity, it’s worth knowing exactly where an asset’s value comes from before you put money into it. Gold is valuable thanks to a combination of five distinct features: it’s rare, chemically almost indestructible, threaded through thousands of years of human history and culture, genuinely useful in

<p>There is a giant debt black hole, and it is warping everything around it in the economy.&nbsp;</p> <p>When we mention the debt black hole, you probably think of the national debt first. It is on the verge of eclipsing $40 trillion. But consumers and corporations are also leveraged to the hilt.</p> <p>In this episode of

Copper One Resources Corp. (CEXY:CSE; CEXYF:OTC; IW8:FRA) has started diamond drilling at its wholly owned Redonda Copper-Molybdenum Project on West Redonda Island in British Columbia, launching a fully financed 2026 exploration campaign aimed at expanding and better defining the property’s large porphyry copper-molybdenum system, according to a release on August 7. “We are excited to

The global push for copper is intensifying as artificial intelligence infrastructure and electrification drive demand higher, creating a compelling backdrop for exploration companies active in established mining districts. Algo Grande Copper Corp. (ALGR:TSX.V) is advancing its Adelita project in Sonora, Mexico, where Phase 2 drilling is expanding known copper-bearing areas at the Cerro Grande target.

Gold prices have climbed back above US$4,400 per ounce amid softer U.S. economic data and geopolitical tensions, creating renewed interest in junior explorers with land near established high-grade deposits. Harvest Gold Corp. (HVG:TSX.V; HVGDF:OTCMKTS) offers retail investors direct exposure to one such opportunity in Quebec’s Urban Barry greenstone belt. Harvest Gold’s Mosseau property sits west

Copper demand is rising sharply due to artificial intelligence data centers, grid expansion, and electrification needs, creating a compelling backdrop for explorers with active drill programs. Copper One Resources Corp. (CEXY:CSE; CEXYF:OTC; IW8:FRA) has started diamond drilling at its wholly owned Redonda Copper-Molybdenum Project on West Redonda Island in British Columbia, launching a fully financed

Copper investors are taking note of results from a company that’s gotten a “Best Buy” rating from one newsletter writer. Key Takeaways Getty Copper reported nine new assay results from nine new drill holes from Getty North, part of its 2026 spring drilling program in the Highland Valley District. Hole GN26-02 returned 480

Harvest Gold Corp. (HVG:TSX.V; HVGDF:OTCMKTS) has rescheduled its planned second drill program at its Mosseau property and is targeting a new start date of October 5 following a request from the Lac Simon First Nation, the company said in an August 17 release. The revised timeline would allow roughly 30 to 40 consecutive days of

Since the outbreak of major regional hostilities on February 28, the Strait of Hormuz (SoH) has been effectively closed to routine commercial shipping for 166 days, with Iran officially declaring the waterway out of commission on March 4, 2026. During that period, the world watched in horror as oil prices came within a fraction of

<p>Despite gold's sideways price performance and increased volatility, Chinese gold demand remained generally stable in July.</p> <p>China ranks as the world&rsquo;s biggest gold market.&nbsp;</p> <p>The gold price in yuan was virtually unchanged in July. According to the World Gold Council's gold return attribution model, a weaker dollar and improved investor positioning supported the yellow metal,

<p>Central bank gold buying was one of the pillars supporting the gold bull market last year, and it has continued to bolster the market even as it faced significant headwinds due to expectations of a higher interest rate environment.</p> <p>But why are central banks piling into gold even as they minimize their exposure to the

Gold prices have held steady near US$4300 per ounce in 2026 after earlier volatility, creating a favorable backdrop for precious-metals streaming companies. 31% gains from the prior August level and ongoing central-bank demand continue to support the sector. Gold.org noted potential catalysts that could lift prices toward US$4500 or higher, while Yahoo Finance highlighted reduced

Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE) saw a small production beat when it reported its second-quarter results, which, together with lower-than-expected operating costs, saw record Free Cash Flow and a record capital return (dividend and share buybacks), despite an 8% drop in the average gold price for the quarter and oil over $100/bbl. Several mines

Global demand for tungsten continues to climb as defense, aerospace, and industrial sectors require more of the hard metal used in cutting tools and high-temperature parts. Allied Critical Metals Inc. (ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE) has positioned itself in this market by developing two projects in Portugal and recently applied to list its common shares on the

Rio2 Ltd. (RIO:TSX; RIOFF:OTCQX; RIO:BVL) reported financial and operating results for the three months ended June 30, 2026, with consolidated quarterly production of 13,539 ounces of gold, 75,437 ounces of silver, and 9,296,883 pounds of copper from its Fenix Gold Mine and Condestable Copper Mine. The company reported consolidated revenue of US$105.3 million for the

Gold prices remain resilient in 2026 despite volatility, creating a favorable backdrop for exploration companies with high-quality assets in stable jurisdictions. Blue Jay Gold Corp. (JAY:TSX.V) has emerged as an active player in this environment by launching a fully funded Phase 1 drill program at its Steller Gold Project in southern Yukon. The company stands

Gold prices holding above US$4,300 per ounce have created a favorable backdrop for developers with advanced Canadian projects. NexGold Mining Corp. (NEXG:TSX.V; NXGCF:OTCQX; TRC1:FSE) is positioned with two permitted assets in stable jurisdictions and a cash balance exceeding CA$100 million. Retail investors are watching how companies with near-term construction decisions perform when central bank buying

Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) is advancing one of the world’s largest gold-copper development projects at a time when gold prices are attracting renewed investor attention amid economic uncertainty. The current gold market environment offers a timely backdrop for developers with permitted, large-scale assets. Retail investors seeking exposure to gold often look to companies that

Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced that it has filed its Report to Shareholders, Interim Financial Statements and Management’s Discussion and Analysis for the three and six months ended June 30, according to a release on August 13. The documents are available on SEDAR+ and on the company’s website. Seabridge said its 2026 KSM field

Allied Critical Metals Inc. (ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE) has applied to list its common shares on the Nasdaq Capital Market as the company continues work on its Borralha and Vila Verde tungsten projects in Portugal. The proposed Nasdaq listing remains subject to satisfaction of the exchange’s listing requirements, receipt of required regulatory approvals, and completion of

Blue Jay Gold Corp. (JAY:TSX.V) has reported progress on its Phase 1 drilling campaign at the Steller Gold Project in southern Yukon, with two rigs now operating across the property, according to an August 5 release. One drill is testing the Mt. Skukum epithermal corridor, which hosts the project’s only former producing mine, while the

Algo Grande Copper Corp. (ALGR:TSX.V) is pushing ahead with exploration at its wholly owned Adelita project in Sonora, Mexico, where two drill rigs are currently turning at the Cerro Grande target as part of the company’s ongoing Phase 2 campaign, according to an August 13 release. The drilling builds on Algo Grande’s August 11 update,

Rio2 Ltd. (RIO:TSX; RIOFF:OTCQX; RIO:BVL) delivered consolidated Q2 2026 production of 13,539 ounces of gold, 75,437 ounces of silver, and 9,296,883 pounds of copper from its two operating mines. Retail investors tracking dual-commodity producers are watching how rising gold, silver, and copper prices intersect with operational progress at both assets. Current metals markets present a

<p>Gold&rsquo;s rallying again, and pulling silver and mining stocks <a href="https://www.moneymetals.com/news/2026/08/17/is-this-the-start-of-gold-and-silvers-next-leg-higher-005144&quot;>higher with it</a>.</p> <div x-data=" item_id: undefined, view: null " x-html="view || 'Product-Random-Featured'" x-init="view = await (await fetch('/shortcodes/product/random/featured?category=2')).text()">!!–Product-Random-Featured-2–!!</div> <p>Of course, we&rsquo;ve been tracking this closely in this letter, as you know, and providing lots of reasons for it.</p> <p>Those have included the seasonality effects, the

<p>Gold and silver are starting the new week on firm footing, extending a recovery that has built for the better part of two weeks.</p> <p>Gold is pushing back toward the psychologically important <a href="https://www.moneymetals.com/gold-price&quot;>$4,400 level this morning</a>, while silver is trading near <a href="https://www.moneymetals.com/silver-price&quot;>$66 per ounce</a>.</p> <div x-data=" item_id: undefined, view: null " x-html="view ||