Bullion Blog

In this week’s episode of “Money Metals Midweek Memo,” host Mike Maharrey delves into the often overlooked yet significant realm of gold investment, drawing an engaging parallel between gold’s market perception and a personal anecdote from his school days about a girl named Bertha.  Much like Bertha’s transformation from a disregarded figure to one of […]

If a formula spits out a number you don’t like, just change the formula so you get a better number! That’s exactly what the Bureau of Labor Statistics did to the Consumer Price Index formula in the 1990s. Because the CPI kept indicating price inflation was too high, the BLS tweaked the formula to spit

<p>The label &ldquo;prepper&rdquo; carries some baggage. Even after all this country has seen in recent years, some still consider those stocking up on food, ammo, bullion, and other emergency essentials as a little bit nuts.</p> <div x-data=" item_id: 1142, view: null " x-html="view || 'Product-1142'" x-init="view = await (await fetch('/shortcodes/product/single/1142')).text()">!!–Product-1142–!!</div> <p>Despite some close brushes with

In a recent episode of “Gold Chain IQ,” Stefan Gleason, a key figure from Money Metals Exchange (aka Money Metals), shared insights into the precious metals industry, focusing on education, the importance of sound money, and a groundbreaking development in Idaho for a new depository. Stefan Gleason, with a background in public policy and publishing,

As you know, Good Friday was a market holiday. However, all .gov offices were open ahead of the Transgender Day of Visibility…which, of course, is today. I hope you were able to attend your local secular/pagan transgender worship services today. Because the godless .gov offices were open on Friday, we were able to get the

In the Youtube interview embedded below, Money Metals CEO Stefan Gleason speaks about the company’s imminent plans to open the largest precious metals depository ever built in the United States west of New York. Money Metals Depository will move soon into its new, state-of-the-art, 37,000 square foot facility in Idaho — a fortress of iron and

Everybody wants to know when the Federal Reserve is going to declare victory over price inflation and begin loosening monetary policy. The real question is – when are they going to make monetary policy tight again? Because despite all the worry about high interest rates, monetary policy remains relatively loose.   Sure, hiking rates by

Why should you have gold in your portfolio? The World Gold Council puts it this way in its recent report Gold as a Strategic Asset.  “Gold has a key role as a strategic long-term investment and as a mainstay allocation in a well-diversified portfolio. Investors have been able to recognize much of gold’s value over

In case you thought anybody in Washington was driving this thing, they are not.  It’s official: the Department of Treasury is now issuing debt at pandemic levels. It’s worth noting the pandemic record was double the previous record, which had stood for 231 years. In raw numbers, the latest numbers for Q4 2023 show Treasury

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Well, we’re seeing another big move in the gold market. The monetary metal reached a new record high on Thursday to close out this holiday-shortened trading week. Gold finished the week, the month, and the quarter on a high note at $2,243 an ounce, gaining

With the pending holiday weekend, today brought the end of trading for the week, the month and the quarter. As such, we hit the superfecta with new all-time daily, weekly, monthly and quarterly closing highs in Comex and spot gold! And though the trading week has ended, our work here at TFMR is not finished.

I know the saying goes “it’s 5:00 somewhere”, implying that it’s never too early for an adult beverage. In this case, however, it’s still Lent and that means that your host can’t enjoy an adult beverage until 3:00. As such, instead of Beer with TF, today we’ll try Coffee with TF and instead of the

View Important Disclosures for this Article Close Important Disclosures: Mag Silver Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000. Doresa Banning wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor.  This article does

Michael Ballanger of GMM Advisory Inc. shares one stock he believes is “ridiculously cheap” along with the other junior developers. The big news this morning is the $20 move in gold (+.92%) against a stronger USD Index and weak silver (-.19%) and copper (-.26%). Oil has resumed its uptrend and is the clear winner so

Small-cap lithium explorer and developer Atlas Lithium Corp. announced it has signed definitive strategic investment and offtake agreements with Mitsui & Co., one of the largest trading companies in Japan. Small-cap lithium explorer and developer Atlas Lithium Corp. (ATLX:NASDAQ) announced it has signed definitive investment and offtake agreements with Mitsui & Co. (“Mitsui”), a company

“Investors are salivating over the potential with [this company] right now,” one newsletter editor/publisher wrote. Read on to discover why. Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) closed its bought-deal public offering in which Eric Sprott participated, generating gross proceeds of CA$15 million, according to a news release. “Having already established one of the richest undeveloped

Holding fiat currency is risky business and that’s not going to change any time soon. Currency risk is one of the factors driving the recent rally in gold and silver. It’s no coincidence that the recent gold and silver rally started as the U.S. ramped up threats to seize Russian dollar assets. However, using the

In this episode of Money Metals’ Midweek Memo, host Mike Maharrey discusses the perceived ineffectiveness of the prevailing political strategy in the United States, which revolves around the notion of “voting the bums out” to solve issues.  Maharrey argues that this approach doesn’t lead to significant change because the system itself is broken, likening it

It was another decent day in the Comex PMs, with CDG outperforming CDS again despite the selling pressure of the expiring Apr24 contract. Tomorrow brings the final trading day of the week, month and quarter as the Comex will be closed Friday in observance of the Good Friday and Easter holidays. As such, keep in

The Apr24 Comex gold finally goes off the board today and into “delivery” this evening. While this doesn’t mean that price will go straight up beginning tomorrow, at lease we’ll finally be done with all of the expiration-related selling pressure. We discussed this chart yesterday but it’s worth posting again. Four, consecutive days of selling

Western Exploration Inc. CEO Darcy Marud gave an insight into recent updates at PDAC 2024. The CEO of Western Exploration Inc. (WEX:TSX.V;WEXPF:OTC), Darcy Marud, has touched on a major find at its Aura Project in northeastern Nevada. According to Marud during a presentation at PDAC (Prospectors & Developers Association of Canada) 2024, the site has

Technical Analyst Clive Maund shares an update on Atlas Lithium Corp. in light of this morning’s news that it secured a US$30 million strategic investment and offtake agreement from Mitsui. Two days ago, on the 26th, an article was posted about Atlas Lithium Corp. (ATLX:NASDAQ) making a strong case for buying the stock on both

Two of the juniors on Global Analyst Adrian Day’s list reported year-end financial results last week, though in both cases, Day believes the financials were less important than other potential developments. Orogen Royalties Inc. (OGN:TSX.V) reported record revenue of $8 million for the year 2023 when it released preliminary fourth-quarter and full-year financial results. This

Seabridge Gold Inc. recently put out a report card, detailing which of its 2023 goals were met, and shared information about upcoming catalysts, including a potential JV partner. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) has issued its corporate Report Card based on 14 goals for 2023, including securing additional funding for securing “substantially started” status for its massive KSM

<p>We'd be better off with sound money. But how do we get there?</p> <p>It's a political question, but unless they are well-funded, most people feel pretty powerless when it comes to making change through the political process.&nbsp;</p> <p>Maybe that's because we need a better approach. In this episode of the Money Metals' Midweek memo, host

After years of speculation, the Federal Reserve has released its so-called “Doomsday Book”—an internal document that outlines the vast power the central bank can claim during times of financial emergency. The Doomsday Book was recently released by the Fed in response to a Freedom of Information Act filed by finance professor Emre Kuvvet. Bizarrely, the

Weeks after Federal Reserve Chairman Jerome Powell evaded a sitting congressman’s questions about the central bank’s foreign gold holdings, the Fed has also declined to comply with a Freedom of Information Act request for records about such holdings. The Federal Reserve’s lack of transparency comes amidst reports that countries are removing their gold and other

As you know, we like to occasionally offer these “special podcasts” where we bring in CEOs and other executives in order to expose you to companies you might otherwise had never come across. Hertz Energy is one such company and an opportunity you might want to consider. The guest for this call is Kal Malhi,

View Important Disclosures for this Article Close Important Disclosures: Perpetua Resources Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000. Doresa Banning wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor.  This article does

Defense Metals Corp. announced it has appointed a leading London corporate finance advisory boutique to review the strategic financing of its wholly owned Wicheeda rare earth element (REE) project in British Columbia. One analyst says the company could become a major global producer of the critical elements. Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) announced it

Technical Analyst Clive Maund reviews Silver X Mining Corp.’s 5-month chart to explain why he believes it is a Strong Buy. As set out in the last Silver Market update — THE CASE FOR SILVER COULD NOT BE CLEARER. Silver is on the verge of following gold and breaking out into a major bull market

This brine target features areas with low HSAMT resistivity values, which indicate highly conductive material is present. Read why one expert likes this project in Nevada. Canter Resources Corp. (CRC:CSE; CNRCF:OTC; 601:FRA) created a three-dimensional model of its main, “very compelling,” potentially lithium-bearing target at its Columbus project in Nevada to better understand the subsurface

Economics once again defied the will of politicians — this time in Minneapolis, Minnesota. The Minneapolis City Council wanted to help out Uber and Lyft drivers, so it recently passed an ordinance setting a minimum wage for drive-share operators. Under the law, companies such as Uber and Lyft must now pay their drivers a minimum

Today, states across the country are beginning to actively embrace pro-sound money legislation, inviting a critical examination of how America abandoned the gold standard of money and racked up $34.5 trillion in debt. To understand how we got here, it’s important to understand the policy that initiated our monetary decline.   91 years ago, on April 5th,

The final week of Q1 begins with small gains in CDG and GDX. What will tomorrow and the rest of the week hold? Let’s discuss that today. It was a mostly quiet day and, if it hadn’t been Comex option expiration day, we’d have had some nice gains. At one point, CDG reached $2182, CFS

A new week begins. Not only is it the last week of the month, it’s also the last week of the first quarter. What the heck?!? 25% of 2024 is already in the books? That’s crazy! So, not only is it the end of the quarter on Thursday….yes, Thursday, as US markets will be closed

Michael Ballanger takes a long look at the current state of the stock market, opining about lithium, uranium, gold, and a few stocks on his list. Since I first entered the securities industry in May of 1977 as a trainee with the venerable, old “bond house” known as McLeod Young & Weir Limited, little did

You’ll often hear precious metals investors talk about the gold-silver ratio. So, what is it, and why does it matter? The gold-silver ratio tells you how many ounces of silver it takes to buy one ounce of gold given the current spot price of both metals. In other words, it tells you the price of

Major sound money battles in the states have been heating up — with important bills moving forward right now in Kentucky, New Jersey, Idaho, Nebraska, and Iowa, among others. Adding to a long list of Money Metals’ legislative victories, last week Utah became the fourth state to embrace the idea of holding gold as a

Silver Bullion Pte Ltd Silver Bullion announces a significant increase in insurance coverage for its vault, The Safe House, to a milestone of S$1 billion in response to the rising precious metal prices and demand. Singapore, March 22, 2024 (GLOBE NEWSWIRE) — Silver Bullion ( www.silverbullion.com.sg ) announces a significant increase in insurance coverage for

It has been a long and volatile week and I can’t blame you for wanting to call it quits, get outside or maybe watch some basketball so go ahead and do it. I’ll stay here and keep an eye on things. It shouldn’t be much of a day, however. We made it through the 8:00

Barry Dawes of Martin Place Securities shares his thoughts on the gold market as well as the price of various currencies, as he believes a currency crisis is imminent. We all know gold has moved to new all-time highs and most commentary seems to relate back to the FED and interest rate policies. The theme

IberAmerican Lithium Corp. announced that it has entered into a business combination agreement with Strategic Minerals Corp., a producer of critical metals. One analyst says IberAmerican is headed for a bull market. IberAmerican Lithium Corp. (IBER:CBOE; IBRLF:OTCQB) announced that it has entered into a business combination agreement with Strategic Minerals Corp., a producer of critical

Goldshore Resources Inc. filed an updated technical report and shared upcoming catalysts to watch out for in a March 21 press release. Read to see what the company has planned for the rest of the year. March 21, 2024, Goldshore Resources Inc. (TSXV: GSHR;OTCQB: GSHRF ;FWB: 8X00) reported it had filed an updated technical report

As gold continues to tread water above US$2,100 an ounce, some analysts say jump in, the new gold market is already underway. Gold prices have consolidated some after a Fed announcement that three interest rates cuts could be on the way this year helped push them to record highs this week. Some analysts say jump

Insights from Axel Merk: Analyzing Macro Trends and Monetary Policy Post-Fed Meeting In a recent interview conducted by Mike Maharrey from Money Metals with Axel Merk, President and Chief Investment Officer of Merk Investments, they discussed the impacts of macro trends, Federal Reserve policies, and the outlook on gold markets following a Federal Reserve meeting.

(Salt Lake City, Utah) – Utah Governor Spencer Cox signed legislation on Thursday empowering the state Treasurer to secure state funds with a significant allocation to physical gold and silver. Sponsored by Rep. Ken Ivory, House Bill 348 permits the Treasurer to hold up to 10% of certain state reserve accounts in precious metals to

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up don’t miss our exclusive interview with Axel Merk of Merk Investments. Money Metals’ Mike Maharrey and Axel breakdown the all-too-important Fed statement from this week, discuss why the central bank’s projections and economic outlook should almost never be trusted, whether the narrative of

Meh, whatever. Days like this exhaust me. I’m just glad it’s over. Let’s now turn the page to finishing the week with green candles and making our way through Comex option expiration on Monday. I mean, seriously. What else is there to say that we didn’t cover in last night’s comments and/or this morning’s post?

A dovish/bullish FOMC allowed for a new all-time high close in spot gold late yesterday. You’ll recall a similar all-time high back on Friday, December 1. The trading since has been eerily reminiscent of the trading on December 3-4 so we must be alert to where things may trade from here in the short term.