Bullion Blog

<p>On Wednesday, Hong Kong Exchanges and Clearing (HKEX) reported record physical gold deliveries linked to its dollar-denominated gold futures contract. This underscores Hong Kong&rsquo;s push to challenge Western dominance of the gold market.</p> <p>The exchange physically delivered 145kg (319.67 pounds) of gold on Aug. 19. It was the highest single-day delivery since the futures contract

<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>Last week I alerted you to the fact that gold seemed to be sensing something afoot in the markets and the global financial system.</p> <p>Yes, gold, silver, and the mining stocks were r<a href="https://www.moneymetals.com/news/2026/08/17/three-charts-one-conclusion-005145&quot;>allying just as I&rsquo;d predicted</a>, and right on time.</p> <p>But there seemed to be more behind the move than simple seasonality…and the

<p>Gold and silver investors have finally gotten some relief last week (and today), as both metals have extended their recovery from the brutal summer selloff.</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=1')).text()">!!–Product-Random-Featured-1–!!</div> <p>Gold futures finished the week at $4,615 an ounce, gaining 5.2%, while silver jumped 6.5%

<p>On Wednesday, Hong Kong Exchanges and Clearing (HKEX) reported record physical gold deliveries linked to its dollar-denominated gold futures contract. This underscores Hong Kong&rsquo;s push to challenge Western dominance of the gold market.</p> <p>The exchange physically delivered 145kg (319.67 pounds) of gold on Aug. 19. It was the highest single-day delivery since the futures contract

<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><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

<p>Billionaire investor Thomas Kaplan has issued an eye-popping gold price forecast of $50,000.</p> <p>In an interview on <em>Kitco News</em>, Kaplan said, "<em>Seeing gold go up another tenfold from here, to me, is not just likely, but inevitable.</em>"</p> <blockquote> <p>"I can see gold going to 30, 40, 50,000 dollars without a problem."</p> </blockquote> <div x-data=" item_id:

<p>On Wednesday, Hong Kong Exchanges and Clearing (HKEX) reported record physical gold deliveries linked to its dollar-denominated gold futures contract. This underscores Hong Kong&rsquo;s push to challenge Western dominance of the gold market.</p> <p>The exchange physically delivered 145kg (319.67 pounds) of gold on Aug. 19. It was the highest single-day delivery since the futures contract

<p>Billionaire investor Thomas Kaplan has issued an eye-popping gold price forecast of $50,000.</p> <p>In an interview on <em>Kitco News</em>, Kaplan said, "<em>Seeing gold go up another tenfold from here, to me, is not just likely, but inevitable.</em>"</p> <blockquote> <p>"I can see gold going to 30, 40, 50,000 dollars without a problem."</p> </blockquote> <div x-data=" item_id:

<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,

Silver North Resources Ltd. (SNAG:TSX.V; TARSF:OTCQB) is undertaking its largest drill program to date at its Haldane property in the Keno Hill district, building on previous drilling that Executive Chair Mark T. Brown said has encountered high-grade silver, lead and zinc, along with smaller amounts of gold, in about 80% of the company’s holes. In

The latest drill results from NexGold Mining Corp. (NEXG:TSX.V; NXGCF:OTCQX; TRC1:FSE) have grabbed the attention of precious metals investors. Key Takeaways NexGold reported new RC (reverse circulation) infill drilling results from its Goldboro Gold Project in Nova Scotia, part of an expanded 40,000-meter (m) program that’s now 76% complete Hole RC-26-226 returned 5.26

Omai Gold Mines (OMG:TSXV; OMGGF:OTCMKTS) announced results from a Preliminary Economic Assessment for its 100%-owned Omai Property in Guyana, outlining a combined open pit and underground operation with projected life-of-mine payable gold production of approximately 6.327 million ounces over 18 years. The PEA incorporates the Wenot open-pit deposit and the adjacent Gilt underground deposit. Annual

Seabridge Gold Inc. (SEA:TSX; SA:NYSE) reported that it has obtained a copy of a letter the Gitxsan Huwilp Government (GHG) delivered to the British Columbia Environmental Assessment Office (BCEAO) and other parties, urging both the company and the B.C. Government to work with and meaningfully consult their neighbor, the Tsetsaut Skii km Lax Ha (TSKLH),

Omai Gold Mines (OMG:TSXV; OMGGF:OTCMKTS) has released results from a Preliminary Economic Assessment for its 100%-owned Omai Property in Guyana, outlining a combined open pit and underground operation with projected life-of-mine payable gold production of approximately 6.327 million ounces over 18 years. The study models 6.327 million ounces of payable gold produced over 18 years

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 standout intercept came from South Zone hole KLM26-022, which returned 20.29 grams per tonne gold over 4.4 meters. This high-grade result sits within a broader

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. This marks a concrete step forward for the Vancouver-based gold exploration company focused on

ExGen Resources Inc (EXG:TSXV; BXXRF:OTCMKTS) reported that the TSX Venture Exchange approved an extension and upsize of its private placement to as many as 10,081,000 units at CA$0.10 per unit for gross proceeds of CA$1,081,000. The company said it intends to complete the second tranche of the upsized offering on or around August 21, 2026.

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

<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