Bullion Blog

<p>The 2025 Thanksgiving season arrives with an unwelcome development: after last year&rsquo;s brief and much-needed&nbsp;<a href="https://thedailyeconomy.org/article/aier-thanksgiving-cost-index-2024/&quot; rel="noopener noreferrer" target="_blank">period of easing</a>&nbsp;in several Thanksgiving staples, prices have begun to tick back up.&nbsp;</p> <p><strong>As of September 2025, the AIER Thanksgiving Cost Index stands at 1904.72, less than half of one percent from its&nbsp;<a href="https://thedailyeconomy.org/article/aiers-thanksgiving-cost-index-climbs-over-5-percent-from-2022-to-2023/&quot; rel="noopener noreferrer" target="_blank">all-time […]

<p>Did you know the Pilgrims started their life in America deeply in debt?</p> <p>I've been talking a lot about <a href="https://www.moneymetals.com/news/2025/11/15/debt-black-hole-putting-increasing-stress-on-american-consumers-004483&quot; rel="noreferrer">the Debt Black Hole</a> facing the U.S. (and global) economy. Greg Weldon coined the term because debt skews an economy in the same way that the gravitational pull of a black hole in space

Barrick Mining Corp. (ABX:TSX; B:NYSE) is considering splitting the company into two, according to a Reuters report quoting anonymous sources. According to the report, the board is examining separating the North American assets from Africa and Asia. This would be a way of unlocking value in the company’s assets. As former CEO repeatedly proclaimed, Barrick

Experts in both the United States and Canada say there is a shortage of workers in the mining and exploration industry, and crunch time is coming sooner rather than later. “The U.S. is running out of miners,” wrote Shawn Baldwin for CNBC on December 8, 2023. “More than half the nation’s mining workforce, about 221,000 workers,

<p>Indian gold imports surged to record levels in October, despite high prices.</p> <p>India ranks as the world's second-largest gold market behind&nbsp;<a href="https://www.moneymetals.com/news/2025/11/21/chinese-gold-demand-surged-in-october-defying-historical-seasonal-weakness-004492&quot;>China</a>.&nbsp;</p> <p>It was the fourth consecutive month of increasing gold imports, both in terms of value and tonnage.</p> <p>Domestic gold prices in India hit a record in October and outperformed the dollar price. At

<p>You might want to sit down for this one.</p> <p>The Bureau of Labor Statistics erased 33,000 jobs from its July and August reports with downward revisions.</p> <p>Shocking, I know.</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>In July, the BLS reported 79,000 jobs created. In the September

<p>After each furious rally in gold over the past year, analysts and investors have openly wondered what the metal was seeing ahead.</p> <p>But what if gold wasn&rsquo;t discounting some future dire event, but instead simply recognizing that we&rsquo;ve already reached the point of no return?</p> <p>All investment markets are predictive mechanisms. Current values are simply

<p>The 2026 Sound Money Index, released today, reveals that Wyoming, Idaho, and Missouri are now the most pro-sound money states in the United States.</p> <p>Money Metals Exchange, a top national precious metals dealer, has partnered once again with the nation&rsquo;s leading <a href="https://www.moneymetals.com/authors/sound-money-defense-league&quot; rel="noopener noreferrer" target="_blank">Sound Money Defense League</a> to create this authoritative ranking of

The Year of our Lord 2018 was a strange one. Not only was it the year that I officially became a “senior citizen,” but it was also the year that President Donald Trump first met with new North Korean leader Kim Jong Un in an effort to persuade him to refrain from building long-range ballistic missiles

Cabral Gold Inc. (CBR:TSX.V; CBGZF:OTCMKTS) has announced new diamond drill results from the Machichie NE target, located 150 meters northeast of the Machichie Main discovery and approximately 650 meters north of the MG gold deposit within the Cuiú Cuiú district in northern Brazil. The latest results relate to four recently completed diamond drill holes. Diamond

Pasofino Gold Ltd. (VEIN:TSX.V; EFRGF:OTCQB; N07:FSE) garnered additional research coverage by Red Cloud Securities, when Ron Stewart, managing director and mining analyst, initiated coverage on the mining company with a Buy rating and a CA$2.80 per share (CA$2.80/share) target price, he reported in a November 12 research note. “Today, Pasofino finds itself well-positioned with a

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

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

Thesis Gold Inc. (TAU:TSXV; THSGF:OTCQX; A3EP87:WKN)  announced assay results from its 2025 drilling program at Lawyers, part of the fully owned Lawyers-Ranch gold-silver project in the renowned Toodoggone Mining District of British Columbia, according to a release. This year’s efforts concentrated on geotechnical, hydrological, and metallurgical studies to support the ongoing Prefeasibility Study (PFS) and

Coppernico Metals Inc. (COPR:TSX; CPPMF:OTCQB; 9l3:FSE) has commenced field exploration programs at the Nioc and Antapampa targets within its Sombrero copper-gold project in southern Peru. The program is the company’s first sustained campaign in these specific areas and is being conducted by its wholly owned Peruvian subsidiary, Sombrero Minerales SAC. The current campaign includes soil

Kootenay Silver Inc. (KTN:TSX.V) has announced assay results from the first seven diamond drill holes of its ongoing 50,000-meter drill program at the Columba High-Grade Silver Project in Chihuahua, Mexico. The latest drilling campaign began in September 2025 and aims to expand known silver mineralization while testing new targets across multiple vein structures. The Columba

<p>A Rhode Island store owner helped stop foreign scammers from swindling $240,000 <a href="https://www.moneymetals.com/buy/gold/bars&quot; rel="noreferrer">worth of&nbsp;gold&nbsp;bars</a> from an elderly victim, according to federal court records.</p> <p>The attempted gold scam was revealed by the Justice Department on Monday in a&nbsp;<a href="https://storage.courtlistener.com/recap/gov.uscourts.ilnd.490158/gov.uscourts.ilnd.490158.1.0.pdf?utm_source=www.courtwatch.news&amp;amp;utm_medium=newsletter&amp;utm_campaign=153-sued-by-a-priest&amp;_bhlid=ff9d893644f3282299258d8feb16a82da65ac8fc" target="_blank" rel="noopener noreferrer">criminal complaint</a>&nbsp;against Chinese national Ka Hin Lam, who&rsquo;s charged with wire fraud and

<p>After the 2008 financial crisis, the Federal Reserve embarked on nearly a decade of extraordinarily loose monetary policy. This not only incentivized the creation of <a href="https://www.moneymetals.com/news/2025/11/15/debt-black-hole-putting-increasing-stress-on-american-consumers-004483&quot;>a Debt Black Hole</a> and introduced all kinds of malinvestments into the economy, but it also warped expectations.</p> <p>We now have a generation of people working in and reporting

<p>Since <a href="https://www.moneymetals.com/news/2025/10/30/fed-cuts-rates-ends-balance-sheet-reduction-but-put-on-a-hawkish-front-004448&quot;>the October interest rate cut</a>, the entire Treasury yield curve from 3-month to 30 years has gone up.</p> <p>In other words, the Federal Reserve doesn&rsquo;t have nearly as much control over interest rates as it would have you believe.</p> <p><img src="https://www.moneymetals.com/uploads/content/yield-curve-nov-25-min.png&quot; width="500" height="418" alt="" style="display: block; margin-left: auto; margin-right: auto;" /></p> <p>And by

<p><span style="font-weight: 400;">In a recent episode of the Money Metals podcast, host Mike Maharrey sits down with </span><a href="https://share.google/U8nCrX0TOmfuUxMDJ&quot; rel="noopener noreferrer" target="_blank"><span style="font-weight: 400;">Jordan Roy-Byrne, CMT, MFTA</span></a><span style="font-weight: 400;">, editor and publisher of </span><a href="https://thedailygold.com/&quot; rel="noopener noreferrer" target="_blank"><span style="font-weight: 400;">The Daily Gold</span></a><span style="font-weight: 400;">, to unpack where gold and silver are in the current cycle.&nbsp;</span></p>

The April to October “mega rally for miners” occurred as I suggested it would . . . and now I’ve also been suggesting that investors need to be open to “several months of time in the consolidation hopper” before the next super-sized surge begins. That surge, basis quality Elliott Wave counts, could take gold to somewhere

Torr Metals Inc. (TMET:TSX.V) has completed around 2,100 meters of diamond drilling across seven drill holes at the Bertha target, part of the company’s 332-square-kilometer Kolos copper-gold project in south-central British Columbia, the company announced on November 19. The drilling focused on a notable moderate-chargeability induced polarization (IP) geophysical anomaly, identified as a supergene oxidation

<p>If I travel to another country, I&rsquo;ll generally need to make a currency exchange before I can go shopping. I&rsquo;ll have to swap my dollars for euros if I&rsquo;m in Europe, or yuan if I&rsquo;m in China, or perhaps lira if I&rsquo;m in Turkey. However, in ancient times, a currency exchange wasn&rsquo;t necessary because the

<p>After rebounding in September, wholesale gold demand in China increased again, defying seasonal weakness.</p> <p>China ranks as the world&rsquo;s largest gold market.</p> <p>Gold prices surged in early October, setting several records before correcting later in the month. Even with the selloff, the Shanghai benchmark price was up 5.5 percent on the month.</p> <p>After the correction,

<p>Welcome to this week&rsquo;s market wrap podcast, I&rsquo;m Mike Gleason</p> <p>Coming up don&rsquo;t miss our exclusive interview with Jordan Roy-Byrne, a chartered market technician and master of financial technical analysis, editor and publisher of The Daily Gold, and the author of the book <i>Gold and Silver: The Greatest Bull Market Has Begun</i>.</p> <p>Jordan has a

<p>When it comes to U.S. gold reserves, secrecy prevails over transparency.</p> <p>Attempts to authorize a comprehensive, independent audit of the nation&rsquo;s gold reserves have proven elusive and futile for decades.</p> <p>The last two prominent audits, conducted 72 and 51 years ago, respectively, were far from thorough or free of government influence.</p> <div x-data=" item_id: undefined,

First Majestic Silver Corp has long been one of the most widely followed names in the global precious-metals mining sector. As a primary silver producer operating mainly in Mexico, the company has positioned itself at the center of one of the world’s most prolific silver-mining regions. Over the past several years, First Majestic has undergone

First Majestic Silver Corp has long been one of the most widely followed names in the global precious-metals mining sector. As a primary silver producer operating mainly in Mexico, the company has positioned itself at the center of one of the world’s most prolific silver-mining regions. Over the past several years, First Majestic has undergone

Argentina’s mining industry has flourished under President Javier Milei, who, since being elected in late 2023, has been working to capitalize on the abundant mineral resources of the country by making it a more competitive, attractive destination for large-scale mining investment, wrote The Chronicle Journal, a newspaper covering Canada’s Northwest, on October 14. Milei and

Allied Critical Metals Inc. (ACM:CSE; ACMIF:OTCQB; 0VJ0:FSE) has announced assay results from its ongoing 2025 drilling campaign at the Borralha Tungsten Project in northern Portugal, confirming the presence of ultra high-grade tungsten mineralization along the Santa Helena Breccia system. The highlight intercept from drill hole Bo_RC_25 returned 18.0 meters grading 0.85% tungsten trioxide (WO₃), including

Dakota Gold Corp. (DC:NYSE American) announced assay results from 26 drill holes completed as part of its ongoing 2025 drilling campaign at the Richmond Hill Oxide Heap Leach Gold Project in the historic Homestake District of South Dakota, according to a November 19 release. The results include the first assays from expansion drilling in the

Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) reported its unaudited condensed consolidated financial results for the quarter ended September 30, 2025, alongside a series of project and financing developments related to its Stibnite Gold Project in Idaho. The company stated that it broke ground on the project on October 21, 2025, following receipt of a signed Plan

West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO) has provided a mid-fourth quarter operational update on the Madsen Mine, highlighting production gains, infrastructure improvements, and expanded site leadership as the company continues ramp-up activities in Ontario’s Red Lake Gold District. Ore production at the Madsen Mine increased by 24% in October compared to September,

Western Exploration Inc. (WEX:TSX.V; WEXPF:OTC) announced results from the first five reverse circulation (RC) drill holes targeting a section of the Tomasina area, located about one kilometer west of Gravel Creek at the company’s fully owned Aura gold-silver project in Nevada. Hole WG467, drilled to the northwest of Wood Gulch on section T4760N, encountered 3

<p><span style="font-weight: 400;">In this week&rsquo;s episode of Money Metals&rsquo; Midweek Memo podcast, host Mike Maharrey argues that decades of artificially low interest rates and nearly $9 trillion in quantitative easing, combined with 713% CPI inflation since 1970, have warped investors&rsquo; sense of what is &ldquo;normal.&rdquo;&nbsp;</span></p> <p><span style="font-weight: 400;">He says these policies have produced a debt-addicted

<p>Last month, Morgan Stanley CIO Michael Wilson suggested a seismic shift in investment strategy when he recommended a 20 percent allocation to gold. It appears investors are starting to take this advice to heart.</p> <p>Historically, the conventional wisdom on Wall Street was a 60/40 portfolio, with 60 percent of the holdings in equities and 40

<p>What do you do if the government is relentlessly devaluing your money?</p> <p>Save in gold.</p> <p>That&rsquo;s exactly what people in Turkey are doing.</p> <p>According to data from the Banking Regulation and Supervision Agency (BDDK), gold deposit accounts in Turkish banks surged by 99.1 percent year-over-year in the third quarter.</p> <div x-data=" item_id: undefined, view: null

Goliath Resources Ltd. (GOT:TSX.V; GOTRF:OTCQB; B4IF:FSE) reported new assay results from its 2025 drill program at the Surebet Discovery on the Golddigger Property in British Columbia’s Golden Triangle. The results include several high-grade gold intercepts hosted within quartz-sulphide veining and stockwork zones across the Bonanza, Goldzilla, and Surebet Zones. Drill hole GD-25-377 intersected three notable

Dolly Varden Silver Corp. (DV:TSX.V; DVS:NYSEA; DVQ:FSE) had its analyst coverage by Research Capital Corp. resume after closing of the junior miner’s recent equity financing on which the investment firm acted as an agent, Analyst Stuart McDougall reported in a Nov. 10 research note. The investment firm rated Dolly Varden Speculative Buy and assigned it

Dolly Varden Silver Corp.’s (DV:TSX.V; DVS:NYSEA; DVQ:FSE) latest assay results from Homestake Silver expanded the known high-grade gold zone within this deposit at the Homestake Silver project in British Columbia’s Golden Triangle, reported Haywood Securities Analyst Marcus Giannini in a November 10 research note. This gold mineralization “has been delineated for over 300 meters (300m)

Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCQB; LLJA:FSE) has reported additional drill results from its El Cura deposit, part of the wholly owned Iberian Belt West (IBW) project in southern Spain. The latest intercepts confirm continued expansion of the deposit toward the west and outline shallow, high-grade mineralization within the central corridor. According to the company’s November

In the past, I had informed my readers about the forthcoming trajectory of Silver North Resources Ltd. (SNAG:TSX.V; TARSF:OTCQB) three and a half months prior, when equity valuations stood at a modest CA$0.195 per share, ahead of a precious metals rally that propelled the stock upward by approximately 100% within the following eight weeks. Though

<p><strong>(WASHINGTON, D.C., November 19, 2025) &ndash;<span>&nbsp;</span></strong>As U.S. debt soars and foreign central banks stockpile gold, a U.S. Senator today introduced a bill to require the first comprehensive audit of America&rsquo;s gold reserves in decades.</p> <p>Sponsored by Sen. Mike Lee (R-UT, the Gold Reserve Transparency Act would require a full assay, inventory, and audit of all

<p>Decades of artificially low interest rates and money printing have altered people's perception of reality. We imagine that 5 percent interest rates and 7 percent mortgages are "high."</p> <p>They aren't.</p> <p>At least not from a historical standpoint.&nbsp;</p> <p>In this episode of the Midweek Memo podcast, host Mike Maharrey explains why we have an entire generation

View Important Disclosures for this Article Close Important Disclosures: This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader

Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE) reported another strong quarter, boosted by the gold price, of course, but with production up; free cash flow was $1.2 billion, above expectations. The company ended the quarter with net cash of $2.16 billion, after repurchasing another $150 million in shares (at an average $149 per share). All-in sustaining

Twenty-five years after Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) purchased its massive KSM flagship project in British Columbia’s Golden Triangle, the company is moving closer to finding a partner for it, Chairman and Chief Executive Officer Rudi Fronk told shareholders during a web call on November 12, 2025. Fronk said the company began its formal process to find

<p>As <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">the Debt Black Hole</a> continues to impact the economy, corporate bankruptcies are on pace to hit the highest level in 15 years.</p> <p>According to the latest data by S&amp;P Global, 655 U.S. corporations had filed for bankruptcy through October. That compares to 687 for the entirety of 2024.</p> <p>The last time we

<p>The silver market is on track for its fifth straight structural market deficit.</p> <div x-data=" item_id: 1882, view: null " x-html="view || 'Product-1882'" x-init="view = await (await fetch('/shortcodes/product/single/1882')).text()">!!–Product-1882–!!</div> <p>The <a href="https://www.moneymetals.com/news/2025/10/20/london-india-and-the-anatomy-of-a-silver-squeeze-004422&quot;>recent silver squeeze</a> that pushed the silver price to a record high was partly due to a displacement of metal. There was too much silver

<p>The Precious Metals sector has followed the script we expected, with SLV dropping back to $42.5 early this month as predicted before the expected B-wave countertrend rally started.</p> <p>However, the B-wave rally was somewhat larger than expected, and the Accumulation lines of GLD, GDX, and SLV have all shown strength relative to price, making new