Bullion Blog

I clearly haven’t read the gold price well, and judging from your responses yesterday, it is clearly just ‘the vibe’ driving gold. Parabolic thrust with very large ‘gaps.’ Parabolas occur when sentiment is all one way and everyone knows this is ‘a sure thing’ and is willing to pay more to avoid missing out! How […]

Terra Clean Energy Corp. (TCEC:CSE; TCEFF:OTC; C900:FSE) announced confirmation of rare earth element (REE) potential at its Fraser Lakes B Deposit within the South Falcon East Project in Saskatchewan, Canada. The company said the presence of light rare earth oxides, including lanthanum oxide (La₂O₃), cerium oxide (Ce₂O₃), ytterbium oxide (Yb₂O₃), and yttrium oxide (Y₂O₃), has

<p><span style="font-weight: 400;">In this Money Metals Midweek Memo, host Mike Maharrey cautions listeners against confusing market symptoms with the underlying illness. A headline-grabbing price spike seldom tells the whole story.&nbsp;</span></p> <p><span style="font-weight: 400;">The recent, rapid climb in both gold and silver is better understood as the result of a debt-burdened economy, a Federal Reserve signaling

<p>Is it a good idea to have gold?</p> <p>Yes.</p> <p>Just ask the Italians.</p> <p>Italy has the third-largest gold reserves in the world. While other European countries that sold most of their gold are struggling to maintain reserves as the dollar wilts, Italy is sitting pretty.</p> <div x-data=" item_id: undefined, view: null " x-html="view || 'Product-Random-Hot'"

<p>Over the past week, I&rsquo;ve been emphasizing <a href="https://www.moneymetals.com/news/2025/10/14/gold-silver-smash-through-key-levels-004410&quot; rel="noreferrer">the significance of the $50 level in silver</a> and monitoring whether it would break above it. On Monday, COMEX silver futures finally broke through $50, only to be temporarily slammed back below it on Tuesday morning in what I believe was an intentional act of price

<p>In another sign that we are entering an era of even looser monetary policy, Federal Reserve Chairman Jerome Powell hinted that balance sheet reduction is about to come to an end.</p> <blockquote> <p>&ldquo;Our long-stated plan is to stop balance sheet runoff when reserves are somewhat above the level we judge consistent with ample reserve conditions.

<p>In a seismic shift, Morgan Stanley CIO Michael Wilson recently came out with <a href="https://www.moneymetals.com/news/2025/10/07/seismic-shift-morgan-stanley-recommends-602020-portfolio-with-20-allocated-to-gold-004389&quot;>an investment strategy that includes a 20 percent allocation to gold</a>.</p> <p>Now a Sprott executive has followed suit, telling a mainstream financial network's audience that investors should consider shifting from the traditional 60/40 portfolio to a 60/20/20 allocation.</p> <p>This isn't typical

<p>In a seismic shift, Morgan Stanley CIO Michael Wilson recently came out with <a href="https://www.moneymetals.com/news/2025/10/07/seismic-shift-morgan-stanley-recommends-602020-portfolio-with-20-allocated-to-gold-004389&quot;>an investment strategy that includes a 20 percent allocation to gold</a>.</p> <p>Now a Sprott executive has followed suit, telling a mainstream financial network's audience that investors should consider shifting from the traditional 60/40 portfolio to a 60/20/20 allocation.</p> <p>This isn't typical

With silver seemingly unstoppable — we touched $53 yesterday — I want to look at top silver pick, Sierra Madre Gold and Silver. This has been a big win for us, with braver readers picking it up below 30c 18 months ago, when junior mining really was in the doldrums. Today, we are flying high

West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO) reported multiple high-grade gold intercepts from underground drilling at its 100%-owned Madsen Mine in the Red Lake Gold District of Ontario. The latest results came from a new high-grade zone in the lower portion of the Austin Zone, an area newly undergoing definition drilling. Notably, hole

<p>Silver finally broke above its all-time high. Meanwhile, gold is setting records on what seems like a daily basis.</p> <p>But what is this precious metal rally telling us?</p> <p>There is more to it than central bank demand and investors seeking safe havens.</p> <p>In this episode of the Money Metals' Midweek Memo, Mike Maharrey takes a

I discussed precious metals back in July while introducing readers to a small exploration company. My observation was that gold and silver were entering their traditionally strongest seasonal period. I rarely make predictions with such precision. Both metals have surged dramatically since then. Gold was hovering around $3300 while silver was lingering at approximately $37

Sun Summit Minerals Corp. (SMN:TSX.V; SMREF:OTCQB) has completed its 2025 exploration program at the JD Project in the Toodoggone Mining District of north-central British Columbia. The program included 21 diamond drill holes across three key target areas  (Creek, Finn, and Belle South) totaling 6,864 meters. This figure represents a 37% increase over the originally planned

Dryden Gold Corp. (DRY:TSXV; DRYGF:OTCQB; FSE: X7W) announced that drilling at its Sherridon Project in the Dryden Gold District, Ontario, intersected several wide zones of anomalous gold mineralization. The initial three-hole program, guided by revised structural interpretations and comprehensive assaying, tested approximately 350 meters of a 5-kilometer geophysical anomaly within an east-west trending deformation corridor.

Torr Metals Inc. (TMET:TSX.V) announced that because of strong investor interest, it increased the size of its previously announced non-brokered private placement from total gross proceeds of up to CA$2.8 million to total gross proceeds of up to CA$4.57 million. The expanded offering includes up to 5,626,765 flow-through units priced at CA$0.17 each. Each FT

Gold isn’t the only precious metal experiencing a remarkable rally this year. Silver prices have soared approximately 75%, driven by investors seeking safe havens, robust industrial demand, and ongoing supply shortages. Spot silver prices reached a record high of US$51 per troy ounce on Thursday, surpassing the US$50 mark for the first time since 1980.

<p>With gold scaling record highs on what feels like a daily basis, <a href="https://www.moneymetals.com/news/2025/10/09/with-gold-over-4000-mainstream-analysts-scramble-to-raise-price-forecasts-004395&quot;>mainstream financial analysts are scrambling to raise their price forecasts</a>.</p> <p>Goldman Sachs recently upped its 2026 price projection to $4,900. Not to be outdone, Bank of America has now raised its 2026 forecast to $5,000 an ounce.</p> <p><a href="https://www.moneymetals.com/gold-price&quot; rel="noreferrer">Gold cracked the

<p>Yesterday was a very important day because both gold and silver have finally smashed through two critical levels, $4,000 and $50.</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>These are levels that many people, including myself, have been closely watching, and this breakout confirms that the powerful

<p>Could India be the straw that broke the silver camel&rsquo;s back?</p> <p>Most people associate India with gold, but the country also ranks as the world&rsquo;s top silver consumer.</p> <p>As <a href="https://www.moneymetals.com/news/2025/10/13/squeeze-in-progress-as-silver-prices-scale-record-highs-004406&quot; rel="noreferrer">we reported yesterday</a>, one of the reasons for silver&rsquo;s surge to record levels in recent days is a shortage of available silver in London.

It was nearly one year ago that I sat down at my desk on a Sunday evening pondering the idea of backing up the pick-up truck and loading it fully to the gunnels with long-dated call options on Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE), arguably the finest-run mining company on the planet which I had

Barrick Mining Corp. (ABX:TSX; B:NYSE) announced the sudden departure of President and CEO Mark Bristow, who had been in the role for seven years, since Barrick and Bristow’s former company, Randgold, merged. Although there had been rumors (see Bulletin #980) that the board was unhappy with Bristow, in particular the weak stock price (until recently),

Pacifica Silver Corp. (PSIL:CSE; PAGFF:OTCQB) announced that it identified several new high-priority drill targets at its 100%-owned Claudia Silver-Gold Project in Durango, Mexico, following assay results of up to 23.6 grams per tonne (g/t) gold and 480 g/t silver from 325 surface rock chip samples. The samples, collected in 2022 and recently assayed as part

Getchell Gold Corp. (GTCH:CSE; GGLDF:OTCQB) has expanded the scope of metallurgical testing at its Fondaway Canyon gold project in Nevada. The 2025 program is focused on upgrading concentrate quality, refining the metallurgical process, and verifying the final concentrate composition for market readiness. The latest round of test work builds upon a 2024 scoping-level metallurgical study,

<p>Even with all that we&rsquo;ve seen so far in this bull market, this morning&rsquo;s action is impressive.</p> <p>I&rsquo;m working from my cabin in the Mississippi woods today, and as I walked out toward my pond this morning, feeling the crisp morning air on my face, watching the fog roll over the water with a hot

<p>After unexpectedly surging in July, consumer debt returned to its previous trend and flatlined again in August, signaling growing financial stress on American households.</p> <p>The growth of revolving debt, primarily reflecting credit card debt, has been slowing all year. It contracted in May and June, after a one-off surge in April, before suddenly surging once

<p>The price of silver has soared partly due to a massive, short squeeze and a shortage of available silver in London.</p> <p>As of Monday (Oct. 13) morning, <a href="https://www.moneymetals.com/silver-price&quot; rel="noreferrer">silver was trading at $51.86</a>.</p> <p>In simplest terms, a short occurs when somebody sells a silver contract today, committing to deliver silver at a set price

<p>You may have heard, but a crypto flash crash&nbsp;occurred on Friday, triggered by President Trump&rsquo;s surprise announcement that he would impose additional tariffs on China and implement export controls on software.&nbsp;</p> <p>That sparked a selloff in risk assets, from stocks to cryptocurrencies. The crypto flash crash resulted in mass liquidations of highly leveraged traders&rsquo; accounts,

<p><span style="font-weight: 400;">On a recent episode of the Money Metals podcast, host Mike Maharrey interviewed Brien Lundin. </span><a href="https://share.google/9WZNsbtVmGXkIT55C&quot; rel="noopener noreferrer" target="_blank"><span style="font-weight: 400;">Brien Lundin</span></a><span style="font-weight: 400;"> is the CEO of Jefferson Financial, publisher of </span><i><span style="font-weight: 400;">Gold Newsletter</span></i><span style="font-weight: 400;">, and organizer of the New Orleans Investment Conference.&nbsp;</span></p> <p><span style="font-weight: 400;">The two discussed gold&rsquo;s

When we started beating the drum for gold and silver years ago, the mainstream financial world treated us like we were broadcasting from another planet. The “smart money” was busy chasing tech valuations to the moon and pretending government debt didn’t matter. Precious metals were dismissed as relics — shiny distractions for doomsday preppers. At

View Important Disclosures for this Article Close Important Disclosures: Doresa Banning wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor.  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

Esgold Corp.’s (ESAU:CSE; SEKZF:OTC; N4UP:FSE) geological and engineering team has traveled to Colombia to initiate on-site validation and due diligence at the Planta Magdalena project, the company announced in a release. This field program follows a memorandum of understanding (MOI) signed August 20 and marks the next step in confirming the site’s high-grade tailings potential

NexMetals Mining Corp. (NEXM:TSX.V; NEXM; NASDAQ) announced assay results from four additional drill holes completed as part of its 12-hole metallurgical drilling program at the Selkirk Mine in Botswana. The Selkirk project, a past-producing copper, nickel, cobalt, and platinum group elements (Cu-Ni-Co-PGE) operation, continues to demonstrate significant mineralization through wide intercepts of copper equivalent (CuEq) grades.

West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO) reported multiple high-grade gold intercepts from underground drilling at its 100%-owned Madsen Mine in the Red Lake Gold District of Ontario. The new results are from a new high-grade zone in the lower portion of the Austin Zone, an area newly undergoing definition drilling. The results

<p>The short answer is&hellip; when the market&mdash;or you&mdash;have been gripped by a delusion; that is to say, when you have chosen to ignore caution and failed to acknowledge some key market fundamentals.</p> <p>This overconfidence causes expectations to inflate irrationally while sustaining buying, despite signs of overvaluation. This collective thinking creates a feedback loop where prices

<p>Gold has crossed $4,000 per ounce <a href="https://www.moneymetals.com/gold-price&quot; rel="noreferrer">just 200 days after it passed $3,000</a>. What began as a slow march from crisis to crisis has transformed into an accelerated sprint that is reshaping how savers, investors, and policymakers worldwide view the world&rsquo;s oldest monetary metal.</p> <p>Beyond the simple symbolism of a round number, the

<p>After hitting one new high after another, gold, silver, and mining stocks took a breather on Thursday. Gold <a href="https://www.moneymetals.com/gold-price&quot; rel="noreferrer">slipped 1.62% to close at $3,976.24</a>, while silver managed to finish <a href="https://www.moneymetals.com/silver-price&quot; rel="noreferrer">up 1.05% at $49.39</a>, though still well below its earlier intraday high of $51.24.&nbsp;</p> <div x-data=" item_id: undefined, view: null " x-html="view

<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, CEO of Jefferson Financial, editor of the Gold Newsletter and the man behind the renowned New Orleans Investment Conference.</p> <p>With gold and silver prices reaching even higher highs this week, Mike Maharrey

<p>Money doesn&rsquo;t grow on trees.</p> <p>Or does it?</p> <p>Well, not exactly, but scientists in Finland have discovered gold nanoparticles embedded in the needles of Norway spruce trees.</p> <p>It&rsquo;s kind of like those pre-decorated Christmas trees. These already have gold trim!</p> <p>But don&rsquo;t get too excited.</p> <p>You can&rsquo;t see the gold with the naked eye. As

Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCQB) provided an update on field activities across its gold and silver royalty portfolio in the Yukon, along with ongoing exploration efforts at its Keno Silver Project in central Yukon, in a news release October 8. A separate update will soon be released regarding the company’s active exploration initiatives at its

In case you haven’t heard, the Gold Rush is back on in America. People have long turned to gold in times of economic or political uncertainty since pure gold doesn’t tarnish and always holds value. Unlike cash, “it’s something that’s yours and not the government’s,” said Nikaila Delorenzi, owner and manager of the historic Matelot

View Important Disclosures for this Article Close Important Disclosures: Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. 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

While technology stocks such as Nvidia Corp. (NVDA:NASDAQ) have dominated headlines in recent months, the gold and mining sector has quietly led the market over the past six months as investors sought the stability of tangible assets. According to Mining.com, mining shares have outperformed the Nasdaq 100 by more than 40% over the past six

Dolly Varden Silver Corp. (DV:TSX.V; DVS:NYSEA; DVQ:FSE) released new, positive drill results from its Homestake Silver deposit,  part of its Homestake Ridge project in British Columbia, reported Haywood Securities Analyst Marcus Giannini in an Oct. 1 research note. Homestake Ridge is one of two projects comprising Dolly’s Kitsault Valley project. “Dolly continues to show the

View Important Disclosures for this Article Close Important Disclosures: Doresa Banning wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor.  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

<p>Inflows of gold into ETFs set a record in the third quarter, driven by the largest September increase on record.&nbsp;</p> <p>This reflects Western investors finally getting off the sidelines and joining the gold bull market.&nbsp;</p> <p><img src="https://www.moneymetals.com/uploads/content/etf-inflows-through-sept-25.png&quot; width="700" height="314" alt="" style="display: block; margin-left: auto; margin-right: auto;" /></p> <p>Based on assets under management (AUM), flows of

<p>Not all old, tarnished, and worn silver coins are melt-worthy junk, even if they&rsquo;re commonly called junk silver. Sometimes, circulated legal tender coins are treasured keepsakes with memories that last a lifetime.</p> <p>I own <a href="https://www.moneymetals.com/buy/silver/coins/morgan-silver-dollar&quot; rel="noreferrer">one of those coins</a>.</p> <p>The 1893 CC Morgan Silver Dollar I gifted to my mother in 1974 is a

<p>With <a href="https://www.moneymetals.com/news/2025/10/08/gold-surges-past-4000-on-structural-shift-global-rebalancing-004390&quot;>gold now over $4,000</a>, mainstream analysts are scrambling to raise their gold forecasts.</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>On Tuesday, Goldman Sachs upped its 2026 gold target to $4,900, citing demand driven by continued central bank buying and a surge of Western investment.</p>

<p>On a recent video about &ldquo;junk silver,&rdquo; somebody commented, &ldquo;I saw someone in another comments section make a joke that if they were paid in quarters back in the 60s, they could be a millionaire now.&rdquo;</p> <p>There were a lot of laugh reacts and indignant responses mocking the guy. But is he wrong?</p> <p>Let&rsquo;s run

<p><span style="font-weight: 400;">In this episode of the Money Metals Midweek Memo, host Mike Maharrey tackles a remarkable milestone in the gold market and a major shift in mainstream investing philosophy.&nbsp;</span></p> <p><span style="font-weight: 400;">Gold has surged </span><a href="https://www.moneymetals.com/gold-price&quot;><span style="font-weight: 400;">past $4,000 an ounce</span></a><span style="font-weight: 400;">, marking an 87% rally since early 2024. Meanwhile, the long-standing 60/40

For gold, silver, and mining stock bugs, it’s a bull era. In the West, mainstream media treats gold like a stock that can be used to make fiat money profits. In the massively populated East, the citizens view (correctly) gold as the world’s greatest currency, and feel they need to fight tooth and nail to