Bullion Blog

<p>Silver just hit a new all-time high. Neither did gold nor mining stocks.</p> <p><img src="https://www.moneymetals.com/uploads/content/GDXJ-23-min.png&quot; width="800" height="1503" alt="" style="display: block; margin-left: auto; margin-right: auto;" /></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>They all reversed on an intraday basis, but silver&rsquo;s move to new highs makes it […]

<p>Welcome to this week&rsquo;s Market Wrap Podcast, I&rsquo;m Mike Gleason.</p> <p>Coming up don&rsquo;t miss an exclusive interview with Peter Krauth, author of the book The Silver Bull and publisher of the Silver Stock Investor. Peter weighs in on the recent price action in the silver and explains that the physical silver market remains very tight,

Minaurum Gold Inc. (MGG:TSX.V) announced it has successfully wrapped up its Phase I 10,000-meter infill maiden resource drill program and is now launching a Phase II resource expansion drill program of approximately 25,000 meters at the Alamos silver project in Sonora, Mexico, according to a release on November 27. “With Phase I of our resource

Vizsla Copper Corp. (VCU:TSXV; VCUFF:OTCQB) has released results from a recent geophysical survey at its Poplar project in central British Columbia, identifying multiple new high-priority drill targets along the Thira alteration corridor. The company also confirmed that a second phase of drilling is scheduled to begin in the first quarter of 2026. The newly reported

Eloro Resources Ltd. (ELO:TSX; ELRRF:OTCQX; P2QM:FSE) released results of two additional definition drill holes placed in the “starter pit zone” of the silver-zinc polymetallic system at its Iska project in Bolivia, reported Sphene Capital Analyst Peter Thilo Hasler in a Nov. 26 research note. Sphene raised its target price on the Canadian explorer-developer by 13% to

View Important Disclosures for this Article Close Important Disclosures: Dakota Gold Corp. 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

<p><span style="font-weight: 400;">Mike Maharrey opens this near-100th episode of the Money Metals Midweek Memo by admitting he&rsquo;s always been bad at math.</span></p> <p><span style="font-weight: 400;">But his main point is that math&rsquo;s weakness as a personal skill doesn&rsquo;t change its strength as a reality check. Words can spin. Narratives can be massaged.</span></p> <p><span style="font-weight: 400;">Numbers can&rsquo;t.

<p>In&nbsp;<a href="https://www.goldenmeadow.eu/c/gold-trading-alerts/&quot; rel="nofollow noopener" target="_blank">yesterday&rsquo;s premium analysis</a>, I argued that silver might have decoupled from gold and miners. Today&rsquo;s action doesn&rsquo;t oppose it.</p> <p><img src="https://www.moneymetals.com/uploads/content/Gold-Price-Forecast-Silver-Outperforming-Przemyslaw-K-Radomski-CFA-Money-Metals-min.jpg&quot; width="800" height="1502" alt="" style="display: block; margin-left: auto; margin-right: auto;" /></p> <p>It doesn&rsquo;t clearly confirm it, either, but overall, I&rsquo;d say that what we see on the markets today supports the

<p>A regulatory change in India could give silver another boost.</p> <p>Beginning in April 2026, Indians will be able to use silver assets as collateral for loans from banks, non-banking financial companies, and household finance firms. Under the current law, only gold is allowable a collateral.</p> <p>India consistently ranks among the top three silver markets in

<p>Silver has taken us on a wild ride, <a href="https://www.moneymetals.com/silver-price&quot; rel="noreferrer">nearly doubling in price this year</a>. However, some analysts worry that silver is taking us down a path of disappointment. They base their bearish sentiment on history. After all, silver teased us with twin records in 1980 and 2011 before quickly selling off both times.</p>

<p>Talk about a generous Christmas giving spirit!</p> <p>Somebody dropped nearly $11,000 into two Salvation Army kettles in the Chicago area.&nbsp;</p> <p>And get this. They made the generous donation using just 8 coins.</p> <p>As you might have guessed by now, we&rsquo;re not talking about quarters. These coins were gold!</p> <p>According to the Salvation Army, eight gold

<p>Iranians are turning to gold as sanctions and government policy destroy their currency.</p> <p>The average inflation rate in Iran has climbed to over 40 percent (based on CPI) on an annual basis. According to an AP report, gold has become the most trusted hedge against this rapid devaluation of the rial.</p> <p>The rapid increase in

Barrick Mining Corp. (ABX:TSX; B:NYSE) announced that its board of directors has unanimously approved a plan to evaluate an initial public offering (IPO) of a subsidiary comprising its North American gold assets. The move comes as the company seeks to highlight the value of its operations in stable jurisdictions and respond to shareholder concerns about

Eloro Resources Ltd. (ELO:TSX; ELRRF:OTCQX; P2QM:FSE) released additional assay results from two drill holes that further extend the footprint of a deposit at its Iska Iska project in the Potosi Department of Southern Bolivia, according to a release by the company on November 19. The holes (DSB-91 and DSB-92) are part of the second phase

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

Dakota Gold Corp. (DC:NYSE American) has released additional assay results from drill holes at the Richmond Hill Oxide Heap Leach Gold Project, located in South Dakota’s historic Homestake District, as per a December 1 announcement. The ongoing drilling efforts continue to confirm extensive gold mineralization and the potential for resource expansion, according to the company.

Armory Mining Corp. (ARMY:CSE; RMRYF:OTC; J2S:FRA) reported updates on two of its core projects, including plans to begin a scoping study for the Candela II lithium brine project in Argentina’s Incahuasi salar and a separate initiative to reprocess historical airborne geophysical data at the Riley Creek antimony-gold project in British Columbia. The company stated that

<p><a href="https://www.moneymetals.com/&quot; rel="noopener noreferrer" target="_blank">Money Metals Exchange</a> and the <a href="https://www.soundmoneydefense.org/sound-money-explained&quot; rel="noopener noreferrer" target="_blank">Sound Money Defense League</a> are proud to announce the <a href="https://www.moneymetals.com/fellowship&quot; rel="noopener noreferrer" target="_blank">Sound Money Fellowship</a> for a second year&mdash;a new program designed to foster advanced research in the field of sound money.</p> <p>The two groups have set aside more than 100

<p>You can spin reality using words, but math is math, and it always wins.</p> <p>In this episode of the Midweek Memo, host Mike Maharrey discusses tariffs, rebate checks, and the national debt in light of the math, along with supply and demand math in the silver market.</p> <p>Along the way, he reveals that the math

Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCQB; LLJA:FSE)  has launched a 1,536-kilometer helicopter-supported time-domain electromagnetic and magnetic (HTEM) survey covering both the Iberian Belt West (IBW) project and the neighboring San Antonio area in southern Spain. Set to begin in December 2025, the effort will deploy HTEM tools to identify electrical conductivity and magnetic variations within subsurface

Dakota Gold Corp. (DC:NYSE American) has announced further assay results from drill holes at the Richmond Hill Oxide Heap Leach Gold Project in South Dakota’s historic Homestake District, according to a release on December 1. The ongoing drilling efforts continue to confirm extensive gold mineralization and the potential for resource expansion, the company said. Dakota

West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO) has commenced a fully funded 3,000-meter surface diamond drill program at the Fork Deposit, located approximately 250 meters southwest of its 100% owned Madsen Mine in Ontario’s Red Lake Gold District. The infill program is designed to upgrade resource confidence in a shallow, high-grade zone identified

Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCQB; LLJA:FSE) has commenced a 1,536-kilometer helicopter-borne time-domain electromagnetic and magnetic (HTEM) geophysical survey across its Iberian Belt West (IBW) project and the adjacent San Antonio exploration area in southern Spain. The program, scheduled to begin in December 2025, will utilize HTEM technology to detect electrical conductivity and magnetic responses in

<p>After taking a breather earlier this year, central banks are once again gobbling up gold, with October purchases hitting the highest level of the year.</p> <p>Central banks globally increased their gold reserves by 53 tonnes (net) in October. That was up 36 percent from September, and the highest level of monthly purchases this year. &nbsp;</p>

<p>A fundamental dynamic is driving the rally in silver prices: there simply isn&rsquo;t enough metal.</p> <p><a href="https://www.moneymetals.com/silver-price&quot;>Silver topped $58 an ounce</a> on Monday before sliding on Tuesday on profit-taking.</p> <p>Silver has gained over 99 percent this year.</p> <p>In October, <a href="https://www.moneymetals.com/news/2025/10/20/london-india-and-the-anatomy-of-a-silver-squeeze-004422&quot;>a silver squeeze</a> helped propel the price to $50. At the time, analysts explained the

Sun Summit Minerals Corp. (SMN:TSX.V; SMREF:OTCQB) has released final assay results from its 2025 drill campaign at the Creek Zone, located within the JD Project in British Columbia’s Toodoggone Mining District. The standout result came from drill hole CZ-25-021, which intersected 81.0 meters grading 4.80 grams per tonne (g/t) gold beginning at 26.0 meters downhole.

Copper and gold sit at the center of two overlapping stories: the global energy transition and the ongoing search for monetary safety. As capital rotates back toward hard assets, investors are increasingly looking for early-stage leverage in Tier-1 jurisdictions where big systems remain underexplored, but the operating framework is proven. Golden Sky Minerals Corp. (AUEN:TSX.V;

View Important Disclosures for this Article Close Important Disclosures: Dolly Varden Silver Corp. 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

View Important Disclosures for this Article Close Important Disclosures: Goliath Resources Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. This article does not constitute

Streamex Corp. (STEX:NASDAQ) had research coverage launched on it by Needham & Co. Analyst John Todaro with a Buy rating and US$12 per share (US$12/share) price target, he reported in a Nov. 25 initiation note. “We view Streamex as an attractive way to gain exposure to the early stages of real world asset (RWA) tokenization,”

Coppernico Metals Inc. (COPR:TSX; CPPMF:OTCQB; 9l3:FSE) announced the formal submission of a semi-detailed Environmental Impact Assessment (EIA-Sd) for its flagship Sombrero copper-gold project in Peru. The application was filed through its wholly owned Peruvian subsidiary, Sombrero Minerales SAC, and aims to significantly expand permitted exploration activities beyond the current Ccascabamba target area. According to the

Most amateur investors feel they need to be on a quest to outperform the indexes. For example, if the Nasdaq rises 20% in a year, they feel they need to make more with their own portfolios. There are times when this “We must outperform the indexes” approach is valid, and others (a lot of them)

Undoubtedly, anyone over the age of 60 has had the opportunity to witness some truly remarkable sporting events, and within those events, some truly remarkable athletes. There have been memorable playoff series, like the World Series, and also memorable championship contests, like the Super Bowl or the World Cup Final. For Canadians, everything revolved around

Barrick Mining Corp. (ABX:TSX; B:NYSE) made management changes that would facilitate a split in the company, without any announcement to that effect. First, it formally moved Pueblo Viejo, its large joint venture mine in the Dominican Republic, into the new North American unit, with the Nevada assets (both the Nevada Gold Mines joint venture with

<p>With gold trading solidly over $4,000 per ounce, <a href="https://www.moneymetals.com/news/2025/10/09/with-gold-over-4000-mainstream-analysts-scramble-to-raise-price-forecasts-004395&quot;>mainstream banks have been scrambling</a> to raise their 2026 price projections. Last week, Deutsche Bank joined the scramble, upping its average price forecast by 11 percent.</p> <p>Deutsche Bank analysts had been calling for a $4,000 average gold price in 2026. They now peg their forecast at

<p>The Federal government took in a record amount of tariff revenue in October. It also ran the highest October budget deficit on record.</p> <p>The Trump administration spent $284.35 billion more than it took in to kick off fiscal 2026. That was about 10 percent higher than last year's October deficit and about $200 million more

<p>Friday, November 28th, is viewed as the most important day in the <a href="https://www.moneymetals.com/silver-price&quot; rel="noreferrer">history of the silver market</a>.&nbsp;</p> <p>Why?&nbsp;</p> <p>Because as a result of breaking out of the bullish Ascending Triangle that has formed since mid-October, it finally made a convincing and decisive breakout from the gigantic 45-year-long <em>Cup and &amp; Handle</em> continuation pattern

<p><span style="font-weight: 400;">Mike Maharrey opens the conversation with Jorge Jraissati, president of the Economic Inclusion Group, by asking about his background and why he cares so deeply about financial freedom.</span></p> <p><span style="font-weight: 400;">In this Money Metals exclusive interview with Jorge Jraissati, they speak on the very real rise in </span><a href="https://www.thomsonreuters.com/en-us/posts/investigation-fraud-and-risk/debanking-in-the-digital-age/&quot; rel="noopener noreferrer" target="_blank"><span style="font-weight:

<p>The Federal Reserve just turned inflationary.</p> <p>If you like your inflation, you can <a href="https://www.moneymetals.com/news/2025/08/12/july-cpi-and-the-real-inflation-story-004261&quot; rel="noreferrer">keep your inflation</a> — in fact, you&rsquo;ll love what comes next.</p> <p>On October 29th, the Fed quietly announced they&rsquo;re ending the main program fighting inflation, called <a href="https://www.moneymetals.com/news/2025/11/13/the-debt-black-hole-why-easy-money-keeps-pulling-the-economy-in-004474&quot; rel="noreferrer">Quantitative Tightening or QT</a>.</p> <p>This matters because QT — which involves selling

<p>Happy Thanksgiving and welcome to this week&rsquo;s market wrap podcast, I&rsquo;m Mike Gleason<br /><br />Coming up don&rsquo;t miss our exclusive interview with first time guest Jorge Jraissati, President of the Economic Inclusion Group. Jorge and Mike Maharrey discuss the troubling subject of de-banking and how individuals and organizations are suddenly having their bank accounts closed

<p><span style="font-weight: 400;">Host Mike Maharrey opens this Midweek Memo by joking that every day is Black Friday now. The episode drops on a Wednesday, yet he insists yesterday was Black Friday, tomorrow will be Black Friday, and last week probably was too.</span></p> <p><span style="font-weight: 400;">He remembers when Black Friday meant one single day, the Friday

<p>It&rsquo;s finally Black Friday!</p> <p>Of course, it feels like it&rsquo;s been Black Friday for weeks. Yesterday was Black Friday. Tomorrow will be Black Friday. Heck, last week was Black Friday. And next Friday, it will still be Black Friday.</p> <p>This is how we roll in 2025. Black Friday isn&rsquo;t a day. It&rsquo;s a season.</p> <p>I&rsquo;m

View Important Disclosures for this Article Close Important Disclosures: Eloro Resources Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. This article does not

Haywood Capital Markets Analyst Pierre Vaillancourt says Eloro Resources Ltd.’s (ELO:TSX; ELRRF:OTCQX; P2QM:FSE) recent drill results further clarify the polymetallic mineralization at the Santa Barbara deposit and indicate the potential for higher silver grades with more consistent mineralization. In the updated research note on November 20, Vaillancourt maintained a Buy rating on the stock with

Merely a fortnight ago, I wrote about a fledgling company named Trident Resources Corp. (ROCK:TSXV; TRDTF:OTCMKTS). At that juncture, they broadcast an interval of 7.03 grams across 43.25 meters, equating to a value of 304 gram-meters. Anything surpassing 100 gram-meters signifies a triumph. Anything eclipsing 300 gram-meters indicates a mine in the making. When they

West Point Gold Corp. (WPG:TSXV; WPGCF:OTCQB) entered the week with a decisive shift in direction: Quentin Mai has stepped down as CEO, and a new investor-driven leadership group has arrived. The company announced on November 10 that Mai had resigned but will continue as an advisor, and that renowned venture capitalist Andrew Bowering has been appointed

Dryden Gold Corp. (DRY:TSXV; DRYGF:OTCQB; FSE: X7W) has released results from a three-hole drill campaign at its Mud Lake target, part of the larger Gold Rock Camp in northwestern Ontario. The drilling was designed to test the presence of repeated high-grade gold-bearing structures along the Manitou-Dinorwic Deformation Zone, a regional shear structure that spans approximately

Lake Victoria Gold Ltd. (LVG:TSX; LVGLF:OTCQB; E1K:FSE) announced an update on third-quarter exploration work completed by Barrick Mining Corp.’s (ABX:TSX; B:NYSE) Tanzanian joint venture, Bulyanhulu Gold Mine Limited, on six licenses acquired from LVG under a 2021 asset purchase agreement. The licenses form part of the Tembo Inlier, which lies adjacent to the Bulyanhulu Mine

As of the third quarter of 2025, Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) maintained a strong financial position, holding CA$103.1 million in cash and cash equivalents, according to an updated research note by Analyst Dave Storms for Stonegate Capital Partners on November 20. This was bolstered by a US$100.2 million equity financing in February 2025 and

<p>Have you ever wondered why the Friday after Thanksgiving is called Black Friday?&nbsp;</p> <p>It's not the reason most people think. The actual story is much more complicated – and somewhat amusing.&nbsp;</p> <p>In this episode of the Money Metals' Midweek Memo, host Mike Maharrey explains the evolution of the term "Black Friday and teaches some economics