Bullion Blog

Western Exploration Inc. (WEX:TSX.V; WEXPF:OTC) announced that is actively advancing its wholly owned Doby George gold project towards a future construction decision by advancing its Mine Plan of Operations (MPO) for submission to the U.S. Forest Service (USFS), according to a May 5 release. “The activities we are announcing today reflect the steady, disciplined progress […]

Contango Silver and Gold (CTGO:TSX; CTGO:NYSE) announced the successful completion of the initial phase of its 2025/2026 underground diamond drilling program at the Lucky Shot Project in Alaska, as reported in a May 5 release. This initial phase is part of a broader 18,000-meter underground and surface exploration campaign aimed at expanding resources, enhancing the

<p>The Fed met last week and once again took no action. As usual, the headlines were generated by the things Powell &amp; Company said and didn't say.&nbsp;</p> <p>In this episode of the Midweek Memo podcast, host Mike Maharrey analyzes the meeting and the messaging that came out of it. He explains why the rhetoric has

<p>On April 16, the Chairman of the U.S. Commodity Futures Trading Commission publicly endorsed legislation that would break up the geographic concentration of silver depositories approved for COMEX delivery.</p> <p>The mismatch between silver fundamentals and price has a structural explanation. And last month, perhaps for the first time in the history of the U.S. silver

Markets have been grinding through a consolidation phase since late January — one that was long overdue. Metals had climbed faster and steeper than anything I’d witnessed before. That pullback won’t last much longer. The broader equity market may well be headed for a serious collapse, and when that happens, the most heavily traded names

GoldHaven Resources Corp. (GOH:CSE; GHVNF:OTCQB; 4QS:FSE) reported results from an independent geological review that validated and expanded the understanding of its 100-per-cent-owned Copecal project in Mato Grosso state, Brazil. The review followed an assessment of drill core and data from the company’s inaugural diamond drilling program, which consisted of nine holes totaling 1,085.7 meters. According

Star Gold Corp. (SRGZ:OTCQB) announced on May 4, 2026, the receipt of a U.S. forest service permit to begin road restoration work at its Longstreet gold-silver project. The permit is for approximately 2.56 miles of Forest Service Trail 24208, a critical access corridor to the company’s property in Nye County of Nevada’s Walker Lane mineral

Fitzroy Minerals Inc. (FTZ:TSX.V; FTZFF:OTCQB) reported results from a helicopter-borne MobileMT airborne electromagnetic and magnetic survey completed over its Caballos project in the Valparaiso region of Chile. The survey, conducted by Expert Geophysics Services Inc., identified multiple conductivity and resistivity anomalies interpreted to be consistent with porphyry-style hydrothermal systems and connected to mineralization intersected during

<p>If you&rsquo;re wondering <b>what half dollars are silver</b>, the answer comes down to one simple factor: <b>the year the coin was minted</b>. However, there are some exceptions that most guides leave out.</p> <p><b>Half dollars are silver if minted in 1964 (90% silver), 1965&ndash;1970 (40% silver), or in specific collector proof and mint sets after 1992.</b></p>

<p>Gold has nearly <a href="https://www.moneymetals.com/gold-price&quot;>doubled in two years</a>. Silver has outpaced it. For the commodity that backed money for most of human history and that central banks still treat as the final settlement asset, these moves should represent a clean signal about physical scarcity and monetary demand. Western gold prices no longer carry that information

<p>Central banks continued to buy gold in March; however, big sales by Turkey and Russia sent net purchases negative by 27 tonnes.</p> <p>Officially, central banks globally bought 37 tonnes of gold in March, led by Poland.</p> <p><img src="https://www.moneymetals.com/uploads/content/central-bank-gold-buying-march-26.png&quot; width="686" height="298" class="mx-auto p-3" alt="" /></p> <h2>The Gold Buyers</h2> <p>!!–Product-Random-Best-2–!!</p> <p>Despite rumors that the country might tap

<p>The movement of silver out of the U.S. has helped ease market tightness, but an ongoing structural supply deficit makes the metal vulnerable to future squeezes.</p> <p>Silver went on an incredible run late last year after taking off in October as <a href="https://www.moneymetals.com/news/2025/10/20/london-india-and-the-anatomy-of-a-silver-squeeze-004422&quot;>a silver squeeze gripped the market</a>. The metal<span> opened in 2025 at $28.84

Cabral Gold Inc. (CBR:TSX.V; CBGZF:OTCMKTS) reported that construction of its phase 1 gold-in-oxide heap leach project at the Cuiu Cuiu gold district in Brazil is approximately 70% complete, with 85% of project costs committed under contract. The company stated the project remains on budget and on schedule for plant commissioning in the third quarter of

On May 1, 2026, Pirate Gold Corp. (YARR.TSX.V) confirmed the discovery of a large, advanced argillic alteration zone at the Crippleback Lake anomaly located at its Treasure Island project in Newfoundland, Canada. The project spans 90 kilometers along the Valentine Lake fault gold district. The Crippleback anomaly is located along the southern portion of the Treasure

StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) announced preliminary assay results from its Spring 2026 drilling campaign at the Hercules Gold Project in the renowned Walker Lane area of Nevada, a May 4 release said. The drilling program included 29 holes covering a total of 3,918 meters. The primary aim of was to gather adequate data to

Radisson Mining Resources Inc. (RDS:TSX.V; RMRDF:OTCQB) announced on May 4, 2026, results from 16 new drill holes at its 100%-owned O’Brien Gold project in the Abitibi region of Québec, Canada. Highlights include: OB-26-384, the deepest hole ever drilled at the O’Brien Gold Project, intersected 4.54 grams per tonne (“g/t”) gold (“Au”) over 12.0 meters

There has been a lot of attention for resource investors on the war and energy, as well as the gold and silver correction, while copper has been in what I call a stealth bull market. It is not getting much attention. This is a weekly Comex chart, and there was a one-day spike at the

As I write this missive, we have just entered into the six most dangerous months of the year after experiencing the ninth best month for performance in five decades. The S&P 500 closed up 9.75% in the month of April, with the NASDAQ registering its best performance since April 2020, up 15.29%. What is surprising

<div>Today, we see strong evidence that the precious metals sector's bottom is in. Not only that, the downside risk now looks minimal, and the next major upleg looks set to begin soon, even imminently.</div> <div> <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> </div> <div></div> <div>The biggest giveaway

<p>The U.S. debt has reached yet another ominous milestone.</p> <p>In March, <a href="https://www.moneymetals.com/news/2026/03/19/national-debt-quietly-eclipses-39-trillion-004774&quot;>the national debt surged over $39 trillion</a>. &nbsp;Now, the federal debt held by the public-to-GDP ratio has crossed the 100 percent threshold.</p> <p>In other words, the U.S. government owes the world more money than the economy's total annual output.</p> <p>And it&rsquo;s actually worse

<p>India has accelerated efforts to bring its gold home.</p> <p>In the spring of 2024, India brought 100 tonnes of gold home, repatriating it from vaults in the UK.&nbsp;Over the last six months, the Reserve Bank of India has repatriated another 104 tonnes.</p> <p>According to data from the Management of Foreign Exchange Reserves, India now has

<p><span style="font-weight: 400;">In a wide-ranging conversation on the </span><i><span style="font-weight: 400;">Money Metals</span></i><span style="font-weight: 400;"> podcast, host Mike Maharrey sat down with </span><a href="https://share.google/XCBzptJoAIS0ZHoJ0&quot; target="_blank" rel="noopener"><span style="font-weight: 400;">British comedian, author, and financial commentator Dominic Frisby</span></a><span style="font-weight: 400;"> to explore the deep historical and modern significance of gold.&nbsp;</span></p> <p><span style="font-weight: 400;">Frisby, author of </span><i><span style="font-weight: 400;">The Secret

Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced that its KSM Project has been designated as a provincial priority project by the Province of British Columbia, according to an April 30 release. This significant recognition is part of the province’s strategy to promote strategic developments that create jobs throughout the region, the company noted. By being included

Cerro de Pasco Resources Inc. (CDPR:TSXC; GPPRF:OTCQB; N8HP:FSE) announced it has successfully qualified for an upgrade from the OTCQB Venture Market to the OTCQX Best Market, according to an April 29 release. Starting that day, the company’s shares began trading on the OTCQX under the ticker symbol CDPMF, marking a significant step in the company’s

Honey Badger Silver Inc. (TUF:TSXV; HBEIF:OTCQB) is a Canadian silver company focused on acquiring and advancing high-quality silver assets in mining-friendly jurisdictions across Northern Canada. Headquartered in British Columbia, Canada, the company controls a portfolio of 100%-owned projects in the Yukon, Northwest Territories, and Nunavut. What initially drew my attention to this company was its

American Pacific Mining Corp. (USGD:CSE; USGDF:OTC) is nearing the completion of an intricate underground survey at its Madison Copper-Gold Project in Silver Star, Montana, according to an April 28 release. The company has teamed up with Water & Environmental Technologies Inc. (WET) and Dengel Surveying to conduct a high-resolution control survey and LiDAR scan of

In an April 27, 2026, news release, Silverco Mining Ltd. (SICO:TSXV) announced that the company has entered into a definitive share agreement, providing for the previously announced acquisition by the company of Nuevo Silver Inc. Silverco will acquire all the issued and outstanding common shares of Nuevo via issuance of common shares of the company.

Sierra Madre Gold and Silver Ltd. (SM:TSX.V; SMDRF:OTCQX) reported its audited consolidated financial results for the year ended December 31, 2025, including fourth quarter results. The company reported that it sold a total of 628,196 silver equivalent ounces in 2025, consisting of 271,204 ounces of silver and 4,041 ounces of gold. For the full year,

Allied Critical Metals Inc. (ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE) announced that it has applied to list its common shares on the TSX Venture Exchange as a Tier 1 mining issuer. The listing application is subject to review by the TSX Venture Exchange and satisfaction of applicable listing requirements. Roy Bonnell, CEO of Allied, stated, “We believe that

In April, Wall Street had one of its best months since 2020. The Nasdaq Composite surged over 15%, the S&P 500 up 10%, and the Dow Jones climbed 7%. The advance has been powered by a resurgent AI infrastructure and triple-digit gains from one of our own picks, Intel Corp. (INTC:NASDAQ). I have never been

Aztec Minerals Corp. (AZT:TSX.V; AZZTF:OTCQB) announced it has engaged APEX Geoscience Ltd. of Edmonton, Alberta, to complete maiden mineral resource estimates and National Instrument 43-101 technical reports for two projects: the 85%-owned Tombstone Project in southeastern Arizona and the 100%-owned Cervantes Project in Sonora, Mexico. The maiden mineral resource estimates and supporting technical reports are

In a March 16 contributed opinion piece for Streetwise Reports, Michael Ballanger noted that Fitzroy Minerals Inc. (FTZ:TSX.V; FTZFF:OTCQB) had completed the first tranche of a CA$18.8 million financing at CA$0.50 per share, with the stock closing the week at CA$0.38. He wrote that the company’s two primary projects in Chile were located in a

<p><strong>What are pennies made out of</strong>? Most people assume pennies are made of copper. After all, they look copper, feel copper, and have been associated with the metal for generations. But that assumption hasn't been true for decades.</p> <p>In reality, today's U.S. penny is mostly <strong>zinc</strong>, with only a thin outer layer of copper. Even

<p>Welcome to this week&rsquo;s Market Wrap Podcast, I&rsquo;m Mike Gleason.</p> <p>Coming up don&rsquo;t miss this week&rsquo;s Money Metals exclusive interview with Dominic Frisby, a man of many talents &ndash; a British comedian, an esteemed financial writer and commentator and author of the book <a href="https://www.amazon.com/Secret-History-Gold-Money-Politics-ebook/dp/B0DP8PKRRX&quot; target="_blank" rel="noopener"><i>The Secret History of Gold</i></a>.</p> <p>Join Mike Maharrey and

On April 23, 2026, Discovery Silver Corp. (DSV:TSX; OTCMKTS:DSVSF) announced results from its ongoing exploration program at the company’s Porcupine Operations, which includes Hoyle Pond Mine, Borden Mine, Pamour Mine, and other advanced growth projects at the Dome and TVZ targets. In total, these results encompass 143 holes and 44,740 meters of drilling between Q4 2025

The Thomson Reuters/ Core Commodity CRB Index is one of those indicators that does not always get the attention it deserves, but it should. It quietly reflects what is happening across the entire commodity complex, not just gold, silver, or copper in isolation, but the full spectrum of raw materials that drive the global economy.

Trident Resources Corp. (ROCK: TSXV; TRDTF:OTCMKTS) has unveiled an absolutely jaw-dropping drill result, the likes of which I haven’t witnessed in a very long time. In an early morning press release on April 29, the company reported five holes from their winter drilling campaign at Contact Lake. The standout was hole CL26036, which encountered a

Silver North Resources Ltd. (SNAG:TSX.V; TARSF:OTCQB; I90:FSE) reported that a SkyTEM312 airborne geophysical survey has been completed at its Haldane Silver Project in the Keno Hill Silver District, Yukon. The company engaged SkyTEM Canada Inc. to carry out the survey, which included 100 meter spaced flight lines and 1,000 meter spaced tie lines, totaling 944

Trident Resources Corp. (ROCK:TSXV; TRDTF:OTCMKTS) announced assay results from five diamond drill holes conducted during the 2026 winter drill program at the Contact Lake Gold Project in northern Saskatchewan, according to an April 29 release. The standout drill hole, CL26036, delivered the most impressive results to date for Trident, showcasing high-grade gold values from a

View Important Disclosures for this Article Close Important Disclosures: Seabridge Gold Inc. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.  As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Seabridge

<p><strong>(Charlotte, North Carolina, USA &ndash; April 30, 2026)</strong> For the eleventh consecutive year, the nation&rsquo;s premier national precious metals dealer and depository has teamed up with influential sound money groups to offer gold-backed scholarships to support student excellence in higher education in 2026.</p> <p>Money Metals Exchange, <a href="https://www.soundmoneydefense.org/&quot; target="_blank" rel="noopener">Sound Money Defense League</a>, and <a

<p><span style="font-weight: 400;">The core message of this </span><i><span style="font-weight: 400;">Money Metals Midweek Memo</span></i><span style="font-weight: 400;"> episode is straightforward. When policymakers ignore incentives, they often create outcomes that run counter to their own goals. Host Mike Maharrey begins with a personal example, explaining that his move from Kentucky to Florida saved his family &ldquo;thousands of dollars

<p>If you&rsquo;re wondering <b>what are U.S. coins made of</b>, the answer may not be what you expect. Most people assume coins are made from valuable metals like copper or even silver. In reality, modern U.S. coins are primarily made from base metals, including:</p> <ul> <li>Copper</li> <li>Nickel</li> <li>Zinc</li> </ul> <p>The key takeaway is that today&rsquo;s coins

<p>One of the benefits of owning gold is that you always have a liquid asset when you need it.</p> <p>The Russians need it, and they are taking advantage of their extensive holdings to keep their government solvent as it deals with the high cost of war and the impact of aggressive economic sanctions.</p> <p>Since the

Scorpio Gold Corp. (SGN:TSX.V) reported results from three step-out holes, 26MN-064 through 26MN-066, as part of its Phase Two drill program at the Manhattan District Project in Nevada. The company stated that hole 26MN-066 returned 2.74 g/t gold over 16.49 meters from 45.45 meters, along with 1.89 g/t gold over 6.31 meters from surface along

Copper Giant Resources Corp. (CGNT:TSXV; LBCMF:OTCQB) announced significant advancements at its Mocoa copper-molybdenum project in Colombia, according to an April 28 release. The National Mining Agency (ANM) of Colombia has approved the consolidation of mining titles FJT-131 and FJT-141 into a single unified concession, simplifying the project’s administration and resetting the concession term to a

View Important Disclosures for this Article Close Important Disclosures: Seabridge Gold Inc. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities

Emperor Metals Inc. (EMAUF:OTCQB; AUOZ:CSE; 9NH:FRA) updated investors on its 2026 exploration campaign at the Duquesne West gold project on April 27, 2026. The campaign aims to explore 23,000 meters — 15,000 of which are new drilling, 8,000 of which are historical core resampling. Visible gold was found at a down-hole depth of 190 meters

<p>Morgan Silver Dollar vs American Silver Eagle is more than a comparison between two famous silver coins. It is really a question about what kind of buyer you are.</p> <p>One coin offers old-world history, collector appeal, and the possibility of numismatic upside. The other offers a full ounce of silver, simpler pricing, and easier resale.

<p>Some coins look identical at first glance. That makes it surprising when one has a drastically higher value than the other. Perhaps most surprising at all, that difference often comes down to one small detail most people overlook: the mint mark.</p> <p>So, what is a mint mark? More importantly, why does it matter so much?</p>