Bullion Blog

<p>This is the perfect story that contrasts the value of real money &ndash; gold and silver &ndash; with the paper stuff your government tries to pass off as money.</p> <p>A Dutch homeowner digging in his backyard found more than 40 pounds of 1,000-year-old silver. Meanwhile, piles of cash stashed in fields and stuffed into walls

<p>Despite some analysts claiming it&rsquo;s a relic of the past, a recent study found <a href="https://www.moneymetals.com/news/2026/07/18/gold-silver-ratio-widening-again-indicating-bullish-setup-for-silver-005080&quot;>the gold-silver ratio</a> remains a relevant technical indicator and is still useful for forecasting the silver market's trajectory.</p> <p>The study was featured in the latest edition of the Silver Institute&rsquo;s <em>Silver News</em> report, along with reports covering recent advances in

<p>Welcome to this week&rsquo;s Market Wrap Podcast, I&rsquo;m Mike Gleason.</p> <p>Coming up in a moment, we have an exclusive interview with Brien Lundin, editor of the Gold Newsletter and the CEO of the renowned New Orleans Investment Conference. Brien offers his tremendous insights into the current state of the gold market and warns investors who

<p>This is the perfect story that contrasts the value of real money &ndash; gold and silver &ndash; with the paper stuff your government tries to pass off as money.</p> <p>A Dutch homeowner digging in his backyard found more than 40 pounds of 1,000-year-old silver. Meanwhile, piles of cash stashed in fields and stuffed into walls

<p>Despite some analysts claiming it&rsquo;s a relic of the past, a recent study found <a href="https://www.moneymetals.com/news/2026/07/18/gold-silver-ratio-widening-again-indicating-bullish-setup-for-silver-005080&quot;>the gold-silver ratio</a> remains a relevant technical indicator and is still useful for forecasting the silver market's trajectory.</p> <p>The study was featured in the latest edition of the Silver Institute&rsquo;s <em>Silver News</em> report, along with reports covering recent advances in

West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQX; UJ0:FSE) reported improved second-quarter 2026 operating and financial results from the Madsen Mine in Ontario’s Red Lake mining district, with gold production increasing 51% from the first quarter and all-in sustaining costs declining 30%. Gold production reached 8,576 ounces in Q2, up from 5,667 ounces in Q1,

On September 2, 2026, Ben Pirie and Nicholas Cortellucci, CFA, of Atrium Research reiterated a BUY rating and a CA$0.45 price target on Aztec Minerals Corp. (AZT:TSX.V; AZZTF:OTCQB), implying 36% upside from the September 2, 2026 closing price of CA$0.33, following the release of results from five reverse circulation (RC) drill holes that extended the

Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) has completed 5,800 meters of its 10,000-meter 2026 drill program at the Stibnite Gold Project in central Idaho, while critical-path construction activities continue following federal approvals secured in 2025, according to a recent press release. This progress matters now because gold prices remain elevated above US$4,300 per ounce, and domestic

Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) reported continued critical path construction progress at its Stibnite Gold Project in central Idaho, where early works and construction activities are underway following federal approvals secured in 2025. Essential components for the project’s dual autoclaves are being fabricated at a custom facility in Europe following purchase orders submitted earlier this

On August 28, 2026, Matthew O’Keefe of Cantor Fitzgerald Canada reiterated a Buy rating and CA$2.20 price target on West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQX; UJ0:FSE), implying a 134% return from the August 27, 2026 closing price of CA$0.94, following second-quarter results that showed the Madsen Mine ramp-up gathering pace, with gold production

<p>Central banks continued to accumulate gold in July, adding a net 23 tonnes to the collective reserves.</p> <p>Year to date, central banks have accumulated an additional 130 tonnes of gold, about 30 tonnes less than through the same period last year. The primary difference between 2025 and 2026 is that there has been more selling

<p>The Netherlands moved approximately 86 tonnes of gold valued at over &euro;10 billion from North America to London, citing &ldquo;<em>increasing geopolitical unrest</em>&rdquo; and a desire to &ldquo;<em>strengthen crisis preparedness.</em>&rdquo;</p> <p>The country joins a growing list of countries moving gold out of the U.S to reduce <a href="https://www.moneymetals.com/news/2024/02/29/buy-gold-and-silver-to-hedge-against-counterparty-risk-003015&quot;>counterparty risk</a>.</p> <p>According to a statement from De Nederlandsche

<p><span style="font-weight: 400;">Federal Reserve Chair Kevin Warsh used his Jackson Hole speech last Friday to project a tough-on-inflation posture. But despite the market&rsquo;s sharp reaction, the Fed has not changed policy&mdash;and Mike Maharrey argues that reality matters far more than the rhetoric.</span></p> <p><span style="font-weight: 400;">In this episode of the Money Metals Midweek Memo, Maharrey compared

<p>Central banks continued to accumulate gold in July, adding a net 23 tonnes to the collective reserves.</p> <p>Year to date, central banks have accumulated an additional 130 tonnes of gold, about 30 tonnes less than through the same period last year. The primary difference between 2025 and 2026 is that there has been more selling

<p>The Netherlands moved approximately 86 tonnes of gold valued at over &euro;10 billion from North America to London, citing &ldquo;<em>increasing geopolitical unrest</em>&rdquo; and a desire to &ldquo;<em>strengthen crisis preparedness.</em>&rdquo;</p> <p>The country joins a growing list of countries moving gold out of the U.S to reduce <a href="https://www.moneymetals.com/news/2024/02/29/buy-gold-and-silver-to-hedge-against-counterparty-risk-003015&quot;>counterparty risk</a>.</p> <p>According to a statement from De Nederlandsche

<p><span style="font-weight: 400;">Federal Reserve Chair Kevin Warsh used his Jackson Hole speech last Friday to project a tough-on-inflation posture. But despite the market&rsquo;s sharp reaction, the Fed has not changed policy&mdash;and Mike Maharrey argues that reality matters far more than the rhetoric.</span></p> <p><span style="font-weight: 400;">In this episode of the Money Metals Midweek Memo, Maharrey compared

This annum appears like a wild ride for commodity speculators. The dawn of the year witnessed gold surpassing US$5,500 and silver gliding past US$120 per troy ounce. Following a meteoric ascent supporting the precious metals, an adjustment was both fitting and imperative. We experienced it. The eighth month delivered a pleasant rebound not only to

Recent drill results at the Imwelo gold project have delivered standout shallow intercepts that highlight the near-surface potential of the first planned open pit. Lake Victoria Gold Ltd. (LVG:TSX.V; LVGLF:OTCQB; E1K:FSE) reported hole IMWDR029 returning 28.71 grams per tonne gold over 2.75 meters starting at just 21 meters depth, including a 1.3-meter interval grading 59.77

Pirate Gold Corp. (YARR.TSX.V) has reported new exploration results from the Moosehead zone at its Treasure Island project in central Newfoundland, according to an August 28 release. The intercepts include 30.6 grams per tonne gold over 1.35 meters from shallow drilling on the Eastern trend. These results arrive as gold prices have pulled back from

With gold prices remaining close to historic highs during the first half of 2026, investors have increasingly focused on which mining developers are approaching the transition from permitted resources to operating mines. Lake Victoria Gold Ltd. (LVG:TSX.V; LVGLF:OTCQB; E1K:FSE) has reached a series of milestones at its Imwelo project in Tanzania that the company says

Pirate Gold Corp. (YARR.TSX.V) has reported new exploration results from the Moosehead zone at its Treasure Island project in central Newfoundland, according to an August 28 release. The project spans more than 90 kilometers of strike along the Valentine Lake fault zone in what has emerged as Canada’s newest gold district. Hole PGC-26-112, drilled near

<p>The Capped Bust quarter is a famous, historic silver coin in early American history. The coin series ran from 1815 to 1838 and has appealed to coin collectors ever since. It reflects a time when the United States was still building its economy and refining its coinage. The coin was designed by German-born engraver John

<p>Last week, Federal Reserve Chairman Kevin Warsh talked gold and silver down during his Jackson Hole speech, playing the tough guy facing down inflation.&nbsp;</p> <p>But as Mike Maharrey reminds listeners in this week's Midweek Memo, Warsh &amp; Co. still hasn't done a darn thing to tackle inflation.&nbsp;</p> <p>Why not?</p> <p>Mike says the Fed is stuck

Power Metallic Mines Inc. (PNPN:TSXV; PNPNF:OTCQB) is quietly assembling what looks like one of the most compelling high‑grade polymetallic stories in the critical metals space. All market participants have to do is look at the resource map of the Nisk and Lion deposits and simply connect the dots. What lies underneath is 5km of untested

Dryden Gold Corp. (DRY:TSXV; DRYGF:OTCQX; X7W:FSE) reported results from four drill holes testing the down-plunge extension of high-grade gold mineralization at the Spyglass and Buccaneer zones at Gold Rock, extending both zones to greater vertical depths. At Spyglass on BM2, hole DGR-073 returned 9.40 g/t gold over 4.60 meters, including 78.40 g/t gold over 0.38

China produced 384 tonnes of gold in 2025, roughly 10 percent of global supply, according to World Gold Council data. Over the same 15-year span, Chinese gold production rose from 351 tonnes in 2010 to 384 tonnes in 2025, while U.S. output fell from 231 tonnes to 157 tonnes. The decline has prompted a fresh

Dryden Gold Corp. (DRY:TSXV; DRYGF:OTCQX; X7W:FSE) delivered a standout intercept of 9.40 g/t gold over 4.60 meters, including 78.40 g/t gold over 0.38 meters, from deeper drilling at the Spyglass zone. The result came from hole DGR-073 at a vertical depth of 330 meters and confirmed the company model for extending high-grade mineralization at Gold

White Gold Corp. (WGO:TSX.V; WHGOF:OTCQX; 29W:FRA) has received final court approval for the spin-out of six critical-mineral properties in Yukon into a new entity called W2 Critical Minerals Corp. The Ontario Superior Court of Justice issued its order under a plan of arrangement, according to an August 28 release. This step clears a major regulatory

White Gold Corp. (WGO:TSX.V; WHGOF:OTCQX; 29W:FRA) announced that the Ontario Superior Court of Justice has issued its final order approving the proposed spin-out of certain Yukon critical-mineral properties into W2 Critical Minerals Corp. through a plan of arrangement under the Business Corporations Act (Ontario), according to an August 28 release. The transaction still requires final

Key Takeaways China remains the world’s largest gold producer, producing approximately 384 tonnes in 2025, or about 10% of global gold production. Gold production has declined about 32% since 2010, falling from 231 tonnes to approximately 157 tonnes in 2025. The U.S. government is seeking to rebuild domestic mineral production, including gold,

McEwen Inc. (MUX:TSX; MUX:NYSE ) reported second-quarter net income of US$9.6 million, or US$0.16 per share, compared with US$3.0 million, or US$0.06 per share, in Q2 2025. These results arrive as gold remains near US$4,400 an ounce, following a sharp August rally. Retail investors are watching how producers convert higher prices into cash flow and

<p>How long will the gold bull market last?</p> <p>Forever.</p> <p>That&rsquo;s the view of Ned Davis Research Chief Alternative Strategist John LaForge.</p> <p>Granted, he didn&rsquo;t <em>say</em> &ldquo;forever,&rdquo; but that&rsquo;s the implication of his comments on Kitco News.</p> <blockquote> <p>&ldquo;I think prices peak when we learn how to deal with the debt situation. The longer we let

On Friday, in a setting providing a deliberate contrast between a rustic, exposed-wood environment and high-stakes global finance, featuring a lodge with massive, 60-foot floor-to-ceiling panoramic windows that frame a direct view of the Teton Mountain Range and the Snake River, Fed Chairman Kevin Warsh addressed the usual throng of billionaire investors, hedge fund managers,

Juggernaut Exploration Ltd. (JUGR:TSX.V) reported initial observations from its maiden drill program at the 100%-controlled Big One property in British Columbia’s Golden Triangle, where drilling confirmed the Whopper Zone over 600 meters of strike and to a depth of 580 meters. The zone remains open laterally and at depth. Multiple drill holes intersected broad quartz-sulphide

Source: Streetwise Reports 08/31/2026 Mercado Minerals Ltd. (MERC:CSE; MRMNF:OTCQB; M2R:FSE) secured a community access agreement that allows it to begin the drill permitting process at the Zamora silver-gold project in Sinaloa, Mexico. Mercado Minerals Ltd. (MERC:CSE; MRMNF:OTCQB; M2R:FSE), through its wholly owned subsidiary Concordia Silver Company S.A. de C.V., entered into a community access and

Sierra Madre Gold and Silver Ltd. (SM:TSX.V; SMDRF:OTCQX) posted US$8.23 million in net revenues and US$1.58 million in gross profit for the quarter ended June 30, 2026, from its La Guitarra silver-gold operation in Mexico. The company sold 123,483 silver-equivalent ounces and closed the period with US$22.2 million in cash plus US$25.0 million in working

Juggernaut Exploration Ltd. (JUGR:TSX.V) reported initial observations from its maiden drill program at the 100%-controlled Big One property in British Columbia’s Golden Triangle, where drilling confirmed the Whopper Zone over 600 meters of strike and to a depth of 580 meters. The zone remains open laterally and at depth. Key Investor Takeaways Drilling intersected

Mercado Minerals Ltd. (MERC:CSE; MRMNF:OTCQB; M2R:FSE), through its wholly owned subsidiary Concordia Silver Company S.A. de C.V., entered into a community access and exploration agreement with Ejido Rincon de Ibonia covering a portion of the Zamora property and surrounding area in Sinaloa, Mexico. The agreement marks a key step toward drilling at the undrilled Campanillas

Seabridge Gold Inc. (SEA:TSX; SA:NYSE) secured a US$100 million unsecured credit facility in July to fund work at its flagship KSM gold-copper project in British Columbia. The company closed at CA$45.86 on Monday, August 24, marking a 10.5% gain from the prior Friday close of CA$41.51. Why the Facility Matters for Retail Investors The facility

Once you’ve decided silver deserves a place in your portfolio, the next question is where to actually start. A quick search returns a daunting number of options. Physical bars, physical coins, vaulted storage, ETFs, mining stocks, even futures, each with its own costs, risks, and trade-offs that aren’t always obvious upfront. BullionStar has been helping

<p>The Monetary Authority of Singapore has removed a 5 percent cap on precious metals holdings for investment funds and family offices regulated under Section 13O and Section 13U tax-exemption schemes.</p> <p>The move comes after many funds were forced to liquidate part of their gold and silver holdings as the price climbed to $5,500 last January.</p>

<p>Federal Reserve Chairman Kevin Warsh moved markets on Friday with his Jackson Hole speech, even though the central bank has yet to do anything to move inflation.</p> <p>Clearly, Warsh wants to convey a message. He&rsquo;s tough on inflation, and the Fed will &ldquo;deliver price stability.&rdquo;</p> <p>It&rsquo;s less clear that he will ever be able to

<p>Gold and silver prices are stabilizing after what appears to be a market overreaction on Friday to Federal Reserve Chairman Kevin Warsh's surprisingly hawkish message at the Fed&rsquo;s annual Jackson Hole gathering.</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>Gold finished last week at <a href="https://www.moneymetals.com/gold-price&quot;>$4,467 an

<p>The <strong>Seated Liberty quarter</strong> is one of the longest-running and most collected silver coins in American history. The United States Mint struck the series from <strong>1838 to 1891</strong>, which makes this coin a tangible link to several crucial events in American history. This period covers westward expansion, the Civil War, and previously unseen economic growth.</p>

<p><span style="font-weight: 400;">Silver has decisively broken above the once-formidable $50 barrier, but </span><a href="https://share.google/LGvGUOIqMkbi4YiUJ&quot; target="_blank" rel="noopener"><span style="font-weight: 400;">Peter Krauth</span></a><span style="font-weight: 400;"> believes the bull market still has room to run.</span></p> <p><span style="font-weight: 400;">During a recent Money Metals podcast interview with host Mike Maharrey, Krauth argued that strong investment demand, industrial consumption, depleted exchange inventories, and

Key Takeaways Krait Critical Minerals is advancing its Goldbar Spider Lake project in Northern Ontario following its recent CSE listing. A 2026 VTEM Plus survey identified seven conductive zones across the 3,636-hectare project, highlighting new targets for gold and base-metal exploration. An updated NI 43-101 technical report recommends a CA$250,480 exploration program

Today’s post is short and simple. Investing is often best done that way. The short of it is this: a new commodities supercycle has begun. It’s going to last several years. You want to be long natural resources and natural resource companies. The declining purchasing power of national currencies muddies the waters, but I should

Gold developers led a materials-sector rally on Canada’s main stock index to start the week, with Seabridge Gold Inc. (SEA:TSX; SA:NYSE) among the biggest gainers as bullion touched a three-month high. Seabridge shares closed at CA$45.86 on Monday, up roughly 10.5% from Friday’s CA$41.51 — the top of the 6.8%-to-10.5% range that a Reuters dispatch

The dog days of August are coming to an end as we approach a typical stronger season for the miners and junior explorers that often see a jump higher after summer. Today, an update on three stocks on my list. South Pacific Metals Recent Price: CA$0.92 Entry Price: CA$0.52 Opinion: Hold, buy on weakness South

Prince Silver Corp. (PRNC:CSE; PRNCF: OTCQX; T130:FSE) has completed more than 10,000 meters of drilling at the Prince Silver Project in Nevada. The company continues work on historical data validation, metallurgical studies, and geological modeling as it targets a maiden NI 43-101 compliant mineral resource estimate in early 2027. Retail investors often seek projects with