Bullion Blog

In the past week, I have observed a legion of perma-bears all pointing to various technical and fundamental reasons for the bull market that began in 2009 to have ended. The main culprit, of course, is the price of oil, gas, diesel, heating oil, jet fuel, and any other hydrocarbon necessary for the smooth operation […]

Canary Gold Corp. (BRAZ:CSE; CNYGF:OTC; K5D:FSE) announced preliminary results from its current drilling activities at the Madeira River Project in Brazil which suggest the presence of a significant paleochannel gold system, according to a March 24 release. The recent shallow drilling efforts aimed at exploring paleochannel environments have successfully intersected continuous layers of sand and

With those year-over-year policy gains in view, attention can now turn to the companies operating in or tied to those jurisdictions. Nova Scotia, Bolivia, and Tasmania led the Policy Perception Index gainers from 2024 to 2025, and the following company updates provide a closer look at issuers with exposure to each of those three markets.

In a sweeping tungsten rally, commodity prices have risen 557% over the past year. This rush started when Beijing added certain tungsten products to its export control list due to trade tension with the U.S. Project Blue noted that Chinese shipments of restricted tungsten products were down roughly 40% last year, creating scarcity. Over the

<p>In 2022, the US Dollar Index surged to a 20-year high, yet gold still rallied the following year. This fact might surprise you, since there is a common belief among investors: &ldquo;Dollar down, gold up.&rdquo;</p> <p>So, <strong>does the US dollar affect gold prices</strong>? Once again, the answer is <strong>yes</strong>.</p> <p>When the <strong>US dollar</strong> weakens, <strong>gold</strong>

<p>Even as <a href="https://www.moneymetals.com/news/2026/03/23/ive-turned-into-a-gold-bear-for-now-004781&quot;>gold faces significant price pressure</a> as the Iran war drags on, dealers in Singapore are bracing for continued high demand.</p> <p><a href="https://www.straitstimes.com/business/companies-markets/spore-gold-sellers-bring-in-more-stock-build-vaults-to-meet-higher-demand-amid-middle-east-crisis&quot; target="_blank" rel="noopener"><em>The Straits Times</em> reports</a> that bullion dealers, jewelers, and pawn shops report a surge in precious metals buying, and many retailers are boosting inventories to keep up with surging

<p>Many people are flummoxed by gold&rsquo;s deep correction over the last two weeks. Given there&rsquo;s a war on, shouldn&rsquo;t gold be catching a strong safe-haven bid?</p> <p>In fact, the pattern playing out in the gold market isn't out of character. We saw similar dynamics in the early days of the 2008 financial crisis and the

Gold has surged nearly 25% this year, central banks are rotating out of dollar assets at an accelerating pace, and geopolitical tension is pushing safe-haven demand to new heights. In that environment, investors looking for leverage to the gold price are increasingly turning to early-stage explorers in proven districts like Golden Cariboo Resources Ltd. (GCC:CSE;

On March 15, 2026, analyst Tim Wright, MSc, CFA of Couloir Capital published an updated equity research report on Abcourt Mines Inc. (ABI:TSX.V; ABMBF:OTCPK), maintaining a BUY rating and raising the fair value estimate to CA$0.27 per share from CA$0.21 previously. The upgrade reflects Abcourt’s first profitable quarter from mining operations, a transformative financing deal

Galway Metals Inc. (GWM:TSX.V; GAYMF:OTCQB) reported results from nine diamond drill holes at the Southwest deposit within its 100-per-cent-owned Clarence Stream high-grade gold project in New Brunswick, Canada. The drilling program focused on the southwestern portion of the Southwest deposit, known as the Richard zone, and was designed to fill gaps within existing resource pit

Canary Gold Corp. (BRAZ:CSE; CNYGF:OTC; K5D:FSE) began trading its common shares on the OTCQB Venture Market on March 19 under the ticker symbol CNYGF, according to a March 18 release. This development is a significant milestone for the company as it progresses with its extensive Madeira River project in Brazil, where a 20,000-metre drilling program

Higher oil prices can hurt gold prices in two ways. Given that a higher oil price has a significant impact on oil-importing countries such as India and China that have been major public and private buyers of gold, a continuation of the Iran war could start to put pressure on buying from these and other

Eloro Resources Ltd. (ELO:TSX; ELRRF:OTCQX; P2QM:FSE) expanded its investment portfolio by acquiring 1,205,000 more common shares of Cartier Silver Corp. through open market transactions, according to a March 16 release. The shares were purchased at prices ranging from CA$0.17 to CA$0.21 per share, amounting to a total consideration of CA$218,290, the company said. Before this

Where a mining company operates matters almost as much as what it finds. Political risk, regulatory unpredictability, tax policy, and infrastructure access can make or break a project — which is why the Fraser Institute’s Annual Survey of Mining Companies, published every year since 1997, is one of the most closely watched benchmarks in the

American Tungsten Corp. (TUNG:CSE; TUNGF:OTCQB; RK9:FSE) said it has completed its previously announced minority investment in Viking Mines Limited. According to the March 17 news release, American Tungsten subscribed for 150,000,000 ordinary shares of Viking Mines for aggregate consideration of AU$750,000. The company said the transaction was completed following receipt of approval from Viking Mines

Most investors have never heard of tungsten. That may be about to change. Prices for the metal have surged roughly 500% over the past year, global inventories are critically low, and analysts at BMO Global Commodities Research are warning that the world has quietly “sleepwalked” into a serious supply crunch. Against that backdrop, Adamera Minerals Corp.

<p>While the paper-driven silver price swings all over the place, the Chinese have been gobbling up physical silver.</p> <p>China imported 790 tonnes of silver through the first two months of 2026, with 470 tonnes flowing into the country in February alone.&nbsp;</p> <p>As <a href="https://www.bloomberg.com/news/articles/2026-03-20/china-pulls-silver-from-global-markets-to-meet-surging-demand&quot; target="_blank" rel="noopener"><em>Bloomberg</em> described the situation</a>, &ldquo;<em>Strong demand has pushed local prices

<p>I&rsquo;ve turned bearish on gold.</p> <p>For now.&nbsp;</p> <p>Bearish sentiment has taken over the markets. As one analyst put it, &ldquo;Wall Street has thrown in the towel on gold.&rdquo;&nbsp;</p> <p>The problem is, they threw in the towel while they were still dripping wet.</p> <p>Gold got pummeled last week, and the selloff continued into Monday morning. The

<p><span style="font-weight: 400;">In a recent episode of the Money Metals podcast, host Mike Maharrey sat down with </span><a href="https://www.moneymetals.com/authors/chris-powell&quot;><span style="font-weight: 400;">Chris Powell</span></a><span style="font-weight: 400;">, co-founder of the </span><a href="http://gata.org" target="_blank" rel="noopener"><span style="font-weight: 400;">Gold Anti-Trust Action Committee</span></a><span style="font-weight: 400;">, for a wide-ranging discussion on gold and silver markets, government intervention, and what it all means for

Lake Victoria Gold Ltd. (LVG:TSX; LVGLF:OTCQB; E1K:FSE) announced the results of recent metallurgical tests conducted on drill core samples from its latest drilling endeavor at Area C of the Imwelo Gold Project, located in the northern part of Tanzania’s Lake Victoria Goldfield, according to a March 18 release. The tests have confirmed that the mineralization

Cabral Gold Inc. (CBR:TSX.V; CBGZF:OTCMKTS) has released a construction update on its Phase 1 gold-in-oxide heap leach project in the Cuiu Cuiu gold district of Pará, Brazil, reporting that work is 54% complete and on track for commercial production by the end of 2026. Construction Progress: 54% Complete, On Budget and On Schedule As of early

Irving Resources Inc. (IRV:CSE; IRVRF:OTCQX) has announced assay results from its exploration activities at the Shika epithermal gold-silver prospect, situated on the Noto Peninsula in Honshu, Japan, according to a March 18 release. The company said its extensive exploration coverage includes 99 Noto prospecting licenses, encompassing 337.37 square kilometers across four distinct target areas known

Arizona Gold & Silver Inc. (AZS:TSX; AZASF:OTC) announced it has entered into a binding agreement with arm’s length institutional investors Sorbie Bornholm LP and Sorbie Investments LLP for CA$18 million dollars, according to a March 18 release. The agreement, dated March 9, is subject to final approval from the TSX Venture Exchange, and no new

On March 20, 2026, Jake Sekelsky of Alliance Global Partners (A.G.P.) published a company update on Almonty Industries Inc. (AII:TSX; ALM:NASDAQ; ALL:ASX; ALI:Frankfurt), reiterating a Buy rating and increasing the price target to US$19.25 from US$14.00 per share. The increased price target is driven primarily by a revision to the firm’s long-term tungsten price deck

<p>Welcome to this week&rsquo;s Market Wrap Podcast, I&rsquo;m Mike Gleason.</p> <p>Coming up, we&rsquo;ll hear a tremendous interview with Chris Powell of the <a href="https://gata.org/&quot; target="_blank" rel="noopener">Gold Anti-Trust Action Committee</a>, or GATA. Chris enlightens us on both why the U.S. government is involved in gold and silver market manipulation, and how they go about orchestrating their

<p><b>Silver</b> trades at a fraction of gold&rsquo;s price, often 60-80 times cheaper per ounce. Yet in certain market cycles, silver has outperformed gold by wide margins. So, <b>is silver worth more than gold</b> in these cycles?</p> <p>The short answer is no; gold is almost always worth more per ounce than silver. The <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-price-today-thursday-february-19-gold-moves-above-5000-as-us-iran-tensions-rise-122251428.html?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&amp;amp;guce_referrer_sig=AQAAAFoWxRgQIIeYIaLBJ_cB4NELJl9uut85vzZR_ADwNJ2sTPJTZ2sh-mj2ajnahQnNl2RtGMdEnwBn2lXogRDaai8c_Zj95GQtYasTQMJJL7FCvASnVCvM0jgRvhGp-xQPuD-Q07huUgDpnqspglAQRjwJ2Yabi5jkElC5FTYFmfqu" target="_blank"

<p><strong>(Charlotte, NC &ndash; March 20, 2026)</strong> &ndash; A nationally leading precious metals dealer and depository has teamed up with the nation&rsquo;s preeminent sound money policy group to announce the next round of the <a href="https://www.soundmoneydefense.org/projects&quot; target="_blank" rel="noopener">Sound Money Fellowship</a> – a unique opportunity designed to foster advanced research in the field of sound money.</p> <p>Money

Dolly Varden Silver Corp. (DV:TSX.V; DVS:NYSEA; DVQ:FSE) announced that its shareholders have overwhelmingly approved its proposed merger with Contango ORE Inc (CTGO:NYSEA), according to a March 17 release. The approval came during a special meeting of shareholders held on Tuesday. The shareholders voted in favor of acquiring all issued and outstanding common shares of Dolly

There’s a moment in every cycle that feels uncomfortable. It doesn’t show up when prices are rising. It doesn’t show up when headlines are bullish. It shows up when the crowd that was just celebrating suddenly turns cautious… then nervous… then outright fearful. That’s where we are right now in the gold mining sector. The

View Important Disclosures for this Article Close Important Disclosures: Lake Victoria Gold Ltd. 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

West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQX; UJO:FSE) reported results from an infill drilling program at its 100%-owned Fork deposit, located about 250 meters southwest of the Madsen Mine in the Red Lake Gold District of Northwestern Ontario, Canada. According to the company, the program was completed at the Fork deposit as part of

Western Exploration Inc. (WEX:TSX.V; WEXPF:OTC) announced its comprehensive exploration and development plans for 2026 at its Doby George and Gravel Creek projects located in North-East Nevada in a March 16 release. The 2026 Program is strategically designed to push forward the engineering and permitting phases at Doby George while simultaneously boosting exploration and resource expansion

Hercules Metals Corp. (BADEF:OTCMKTS; BIG:TSXV) announced its 2026 drill campaign in a March 17 press release. Hercules Metals has resumed drilling in Western Idaho for the 2026 exploration. Project site HER-25-25 is currently active, testing further porphyry system opportunities the Southern Flats Zone. A second drill should arrive next week to resume drilling HER-25-18 after

The company said the Albion Process is a post-flotation metallurgical process based on ultrafine grinding and oxidative leaching. It was developed in 1994 at Core’s laboratories and is licensed worldwide by Glencore Technology. Test work was conducted at CORE Resources’ laboratories in Australia and evaluated a flowsheet consisting of ultrafine grinding and atmospheric oxidation using

Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A402CQ:WKN; 3TZ:FSE) announced it has acquired 13 cells of placer claims in the Halo zone, encompassing 250 hectares, according to a March 17 release. Source: Golden Cariboo Resources Ltd. The company said it has secured 100% of the placer rights for these claims with a purchase price of CA$60,000.

American Tungsten Corp. (TUNG:CSE; TUNGF:OTCQB; RK9:FSE) announced the initiation of an auger drilling program in the historical lower tailings impoundment at the IMA Mine site in Lemhi County, Idaho. The program will target approximately 30 acres of historical tailings left from previous mining activities. According to the company, preliminary samples of historical tailings collected in

<p><span style="font-weight: 400;">The latest episode of the Money Metals Midweek Memo, hosted by Mike Maharrey, explores a growing shift in global markets. Traditional safe havens are no longer behaving as expected. In their place, gold is emerging as the primary refuge during economic and geopolitical instability.</span></p> <p><span style="font-weight: 400;">The discussion begins with a light nod

<p>Given what&rsquo;s going on in the world, it&rsquo;s truly remarkable that the US stock markets have held up as well as they have, but it&rsquo;s not easy slaying a multi-year bull.</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=all')).text()">!!–Product-Random-Featured-All–!!</div> <p>Now, however, as we look at the 1-year chart

<p>On March 17, the U.S. national debt slipped above $39 trillion.</p> <p>If you're thinking, 'Wow, it seems like we just crossed the $38 trillion threshold,' you are correct. It was a mere 150 days ago on October 21.</p> <p>As of March 17, the national debt stood at <strong>$39,016,762,910,245.14</strong>.</p> <p>This happened despite a 294 percent increase

<p>If you know inflation is going to increase, would you sell your inflation hedge?</p> <p>Me neither. That would be dumb, right?</p> <p>However, that&rsquo;s what a lot of people did yesterday (Wednesday, March 18), and they're still doing it this morning. This hints at the Catch-22 still haunting the Federal Reserve and the market's inability to

<p>Washington, D.C. (March 19, 2026) &mdash; Two members of Congress have introduced the &ldquo;System Integrity through Licensed Vault Expansion and Resilience Act&rdquo; (SILVER Act), a measure aimed at modernizing the nation&rsquo;s precious metals storage framework and reducing systemic risks within U.S. financial markets.</p> <div class="break-normal mx-auto md:float-right md:w-1/2 px-3"><img class="mx-auto" src="https://www.moneymetals.com/uploads/content/rep-russ-fulcher-r-id.jpg&quot; width="201" height="251" alt="Rep. Russ

<p>Here&rsquo;s an economic truth you&rsquo;d be wise to remember.</p> <p>Incentives matter.</p> <p>You may not like the way people respond to the incentives created by your program or policy, but you darn sure better take them into account.</p> <p>Most people don&rsquo;t.</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>

View Important Disclosures for this Article Close Important Disclosures: Lake Victoria Gold Ltd. 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

KO Gold Inc. (KOG:CSE) announced its recent application to the OTC Markets Group Inc. for its common shares to be traded on the OTCQB Venture Market, according to a March 16 release. The company said the move is aimed at enhancing its visibility among U.S. investors and facilitating easier trading of its shares on U.S.

<p>Investing in gold means allocating capital to gold-related assets, such as physical bullion, in order to hedge inflation, diversify a portfolio, or preserve purchasing power over time. This investment&rsquo;s appeal has grown as inflation erodes purchasing power.</p> <p><b>Inflation</b> is slowing down compared to a few years ago, but that doesn&rsquo;t mean prices have become affordable.

<p>Treasuries have historically served as a safe haven in times of geopolitical uncertainty.&nbsp;</p> <p>Not this time.</p> <p>Bonds have sold off modestly since the beginning of the U.S.-Iran conflict, as evidenced by rising yields. As Mike Maharrey explains in this week's Midweek Memo podcast, it sure looks like gold is the last safe haven standing. He

<p>As solid silver bars, rounds, and coins age, they may tarnish. Tarnish does not affect the metal content of your silver product, but it can have a modest impact on the resale value. Dealers and other buyers will often pay a bit less if the silver does not have its original luster. Older <a href="https://www.moneymetals.com/buy/silver/coins/united-states-mint-silver&quot;>US

Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTC) announced it has officially filed the National Instrument 43-101 technical report for its La Plata project in Southwestern Colorado, according to a March 16 release. The report, prepared by SLR USA Advisory Inc. with an effective date of January 23, details the Allard Cu-Ag-PGE-Au (copper-silver-platinum group elements-gold) Porphyry Deposit and

Armory Mining Corp. (ARMY:CSE; RMRYF:OTC; J2S:FRA) announced that it is preparing to commence a series of airborne geophysics surveys at the Ammo antimony-gold project located in Nova Scotia, Canada. The program follows earlier steps outlined by the company, including a December 2025 partnership with Castello Q Exploration Corp. to execute a Phase One work program

Eminent Gold Corporation (EMNT:TSXV; EMGDF:OTCQB; 7AB:FSE) announced that it has signed a drilling contract with Nevada-based Alford Drilling LLC to conduct a reverse circulation drilling program at the Otis target within its 100% owned Hot Springs Range Project in Nevada. The program is planned to include a minimum of 5,000 meters and up to 10,000