Bullion Blog

<p>The gold market is massive. Global market liquidity averaged $356 billion per day in July. In one particularly busy week earlier this year, over $1 trillion worth of gold changed hands on the London spot market in a single week.&nbsp;</p> <p>And yet, gold remains underinvested, especially in the West.</p> <p>As <a href="https://www.bloomberg.com/news/newsletters/2026-08-27/gold-s-niche-status-means-big-upside-if-investors-pile-in&quot; target="_blank" rel="noopener"><em>Bloomberg</em> reporter

<p><span style="font-weight: 400;">Most people have regrets. They make a bad decision, miscalculate, or miss an opportunity and later wonder what might have happened.</span></p> <p><span style="font-weight: 400;">Money Metals Midweek Memo host Mike Maharrey shared one of his own investment regrets. Around 2015 or 2016, he received one Bitcoin as payment for a service. Bitcoin was worth

<p>The Standing Liberty Quarter is one of the most beloved and collectible coins ever produced by the United States Mint. The U.S. Mint struck this coin from 1916-1930, and remained in circulation until the <a href="https://www.moneymetals.com/coin/washington-quarter&quot;>creation of the Washington quarter</a>. The coin stood out as a beautiful combination of bold artistry with rich American history.</p>

<p>Last week, Treasury Secretary Scott Bessent announced plans to buy back long-dated Treasuries to lower yields. The markets got a different message. The Treasury move reignited the debasement trade and sent both gold and silver sharply higher.</p> <p>In this episode of the Midweek Memo podcast, host Mike Maharrey explains what the Treasury Department hoped to

Heliostar Metals Ltd. (HSTR:TSX.V; HSTXF:OTC; RGG1:FRA) has reported strong results from initial surface sampling at its Goldstrike project in Utah. The work confirmed high-grade antimony along with gold values as Heliostar advanced its antimony-focused drilling program. These findings expand the known mineralized footprint well beyond the existing gold resource and highlight antimony as a potential

Trident Resources Corp. (ROCK:TSXV; TRDTF:OTCMKTS) has started an airborne magnetic and radiometric geophysical survey at its relatively unexplored Reindeer Gold Project in Saskatchewan’s La Ronge Gold Belt (LRGB), according to an August 25 release. The low-altitude, fixed-wing survey uses high-resolution aeromagnetic and radiometric equipment and began on August 17, with completion expected over the next

Steadright Critical Minerals Inc. (SCM:CSE) reported that preparatory infrastructure work had begun for the pilot plant construction phase at the TitanBeach Titanium Project in Morocco, following the establishment of a carried interest in the project and the signing of a cooperation framework involving a state-owned enterprise. NSM Capital SARL, the Moroccan entity in which Steadright

Goliath Resources Ltd. (GOT:TSX.V; GOTRF:OTCQX; B4IF:FSE) recently reported assay results from four drill holes at the Surebet discovery, with additional results from two previously reported holes. The drilling was conducted on its 100%-owned Golddigger Property in British Columbia’s Golden Triangle, led by a near-surface interval of 7.38 grams per tonne gold equivalent over 35.7 meters

Gold investors are paying attention to project news from a mining exploration junior. Key Takeaways Grande Portage received State of Alaska regulatory clearance for a road easement at its New Amalga gold project in southeastern Alaska. The first phase will establish a road segment and a helicopter staging area. The Phase 2

Gold investors tracking permitting milestones now have a concrete development to watch at the New Amalga gold project in southeastern Alaska. State Road Easement Clears First Major Access Hurdle On August 20, 2026, Grande Portage Resources Ltd. (GPG:TSX.V; GPTRF:OTCQX; GPB:FSE) announced it had received approval from the State of Alaska for an easement application covering

Retail investors tracking early-stage copper opportunities are noting the latest channel and grab sampling results from Morocco Strategic Minerals Corp. (MCC:TSXV; GNSMF:OTCMKTS), which returned copper grades as high as 27.68 percent at the Ijoukak license. High-Grade Sampling Results Signal Near-Term Drilling The August 20, 2026 announcement highlighted multiple zones exceeding 1 percent copper, with standout

Steadright Critical Minerals Inc. (SCM:CSE) has moved forward on infrastructure preparation for the pilot plant at its TitanBeach titanium project in Morocco. The work follows NSM Capital SARL securing a 32% fully carried interest through Shan Tang Mining, with no additional funding or dilution required from NSM or Steadright. This structure gives Steadright an effective

Heliostar Metals Ltd. (HSTR:TSX.V; HSTXF:OTC; RGG1:FRA) reported results from its first exploration campaign at its wholly owned Goldstrike property in Utah, according to an August 20 release. The opening phase featured channel, rock-chip, and soil sampling around a former antimony-producing mine, while the company has now moved into the drilling stage. “The acquisition of Goldstrike

Galway Metals Inc. (GWM:TSX.V; GAYMF:OTCQB) reported assay results from 14 diamond drill holes completed at the Southwest Deposit within its 100%-owned Clarence Stream Gold Project in New Brunswick, including an intersection of 2.0 grams per tonne gold (Au) over 68.0 meters. Hole BL-328 returned the 68.0-meter interval, which included 54.4 g/t Au over 1.0 meter,

Investors interested in early-stage copper exploration are watching the latest sampling results from Morocco Strategic Minerals Corp. (MCC:TSXV; GNSMF:OTCMKTS), a Canadian exploration company advancing projects in Morocco. Key Takeaways Morocco Strategic Minerals (MCC) reported high-grade copper (Cu) and silver (Ag) results from sampling at its Ouneine, Tanfit, and Ijoukak projects in Morocco. Ouneine

<p>The Washington quarter is one of the most recognizable coins in American history Many people do not realize that quarters used to depict Lady Liberty in various poses. It was only in the twentieth century that American presidents and Founding Fathers found their way onto American coins.</p> <p>In the case of the Washington quarter, a

On 5 February 1869, two Cornish miners digging near Moliagul, in Victoria, Australia, pulled a single lump of gold weighing over 109 kilograms out of the ground, just a few centimetres below the surface. It’s still the largest gold nugget ever found anywhere on Earth. Within weeks it had been melted down into ingots and

<p>Opps. That didn&rsquo;t go as planned.</p> <p>Treasury Secretary Scott Bessent wanted to drive down interest rates at the long end of the yield curve, so he intervened in the market.</p> <p>It worked.</p> <p>For about one day.</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>The 30-year Treasury yield

<p>As the bond market continues to melt down and faith in the Federal Reserve&rsquo;s willingness and ability to tackle inflation grows, it appears at least some institutional investors in the West are turning back toward gold.</p> <p>In a recent interview, Fidelity International portfolio manager George Efstathopoulos said he has doubled the fund's gold holdings, pushing

Canadian junior explorer Krait Critical Minerals Corp. (KRIT; CSE) achieved a key milestone when it received final approval from the Canadian Securities Exchange (CSE) for listing its common shares. Trading started on August 24, 2026, under the ticker KRIT, giving retail investors direct access to the company through a recognized exchange. This listing provides a

Toogood Gold Corp. (TGC:TSXV; TGGCF:OTCQB) has reported results of a technical review of its Table Mountain gold-silver project in Lincoln County, Nevada, conducted by Dr. Stuart F. Simmons following a two-day site visit on July 25 and 26, according to an August 18 release. Simmons, an internationally recognized expert on epithermal gold-silver deposits and hydrothermal

Auro Metals Inc. (AURO:TSXV; AURFF:OTCQB) delivered another set of strong assay results from its ongoing Phase I drill program at the Santa Barbara Gold-Copper Project. The latest batch highlights broad, near-surface gold-copper mineralization that remains open in multiple directions. The standout intercept came from hole DSB-61, which returned 496.5 meters grading 0.76 grams per tonne

Mackay Gold and Silver Corp. (MACK:TSXV; MKGSF:OTCMKTS) has mobilized a diamond core drill rig to its wholly owned Comstock District project in Nevada, where drilling is now underway, according to an August 20 release. This second rig launches the approximately 5,000-meter core drilling portion of Mackay’s inaugural 20,000-meter Phase 1 program and will work alongside

Goliath Resources Ltd. (GOT:TSX.V; GOTRF:OTCQX; B4IF:FSE) reported assay results from six drill holes at the Surebet discovery on its 100%-owned Golddigger Property in British Columbia’s Golden Triangle, led by a near-surface interval of 7.38 grams per tonne gold equivalent over 35.7 meters in drill hole GD-26-436. The GD-26-436 interval included 19.51 g/t AuEq over 8.32

The week ended August 21, 2026, will go down in the annals of history as “The Week the Golden Bull Returned,” and returned it most certainly did, thanks to the new narrative asserting that “Bessent is panicking!” and that the U.S. Treasury is resorting to full “print” mode. First, in late July, operating through the Federal

Auro Metals Inc. (AURO:TSXV; AURFF:OTCQB) has reported a fourth group of assay results from four drill holes completed during its 2026 Phase I Drill Program at the 100%-owned Santa Barbara Gold-Copper Project in Ecuador’s Zamora-Chinchipe Province, according to an August 18 release. The company has now finished 22 holes since the program began and has

Mackay Gold and Silver Corp. (MACK:TSXV; MKGSF:OTCMKTS) has started diamond core drilling at its Comstock District project in Nevada as part of a larger 20,000-meter Phase 1 campaign. The company mobilized a second rig on August 20, 2026, to begin the 5,000-meter core portion, while a reverse circulation rig, already active since June, continues shallow

Toogood Gold Corp. (TGC:TSXV; TGGCF:OTCQB) received a detailed technical review of its Table Mountain gold-silver project in Lincoln County, Nevada, from internationally recognized epithermal systems specialist Dr. Stuart F. Simmons after his July 25-26 site visit, according to an August 18 release. The findings establish a clear near-term catalyst: surface geology at Table Mountain preserves

On August 21, 2026, Krait Critical Minerals Corp. (KRIT; CSE) announced that it had received final approval from the Canadian Securities Exchange (CSE) for listing its common shares on the exchange. Trading has commenced today, August 24, 2026, under the symbol “KRIT”. “Receiving final approval to list on the CSE is a significant milestone for

Despite an average gold price more than $350 below that in the first-quarter–silver down even more on a percentage basis–and oil considerably higher for much of the quarter, gold and resource companies reported mixed second-quarter results on the back of higher production and controlled costs, with the softer results mostly among the largest companies. Virtually

If you’re weighing up how to invest in precious metals, gold and silver are usually the starting point, but they’re no longer the whole picture. Platinum and palladium each offer their own risk and demand profile, and a growing number of investors now hold some combination of all four as part of a diversified portfolio.

<p>Gold and silver investors have finally gotten some relief last week (and today), as both metals have extended their recovery from the brutal summer selloff.</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>Gold futures finished the week at $4,615 an ounce, gaining 5.2%, while silver jumped 6.5%

<p>On Wednesday, Hong Kong Exchanges and Clearing (HKEX) reported record physical gold deliveries linked to its dollar-denominated gold futures contract. This underscores Hong Kong&rsquo;s push to challenge Western dominance of the gold market.</p> <p>The exchange physically delivered 145kg (319.67 pounds) of gold on Aug. 19. It was the highest single-day delivery since the futures contract

<p>If you live long enough, you&rsquo;re going to have some regrets.</p> <p>Woulda, coulda, shoulda, as my dad was fond of saying.</p> <p>The thing about regrets is that they were totally avoidable. That&rsquo;s why they&rsquo;re regrets. We made a bad decision, a questionable call, a wrong turn.</p> <p>But regrets aren&rsquo;t all bad. We can learn from

<p>Last week I alerted you to the fact that gold seemed to be sensing something afoot in the markets and the global financial system.</p> <p>Yes, gold, silver, and the mining stocks were r<a href="https://www.moneymetals.com/news/2026/08/17/three-charts-one-conclusion-005145&quot;>allying just as I&rsquo;d predicted</a>, and right on time.</p> <p>But there seemed to be more behind the move than simple seasonality…and the

<p>Gold and silver investors have finally gotten some relief last week (and today), as both metals have extended their recovery from the brutal summer selloff.</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>Gold futures finished the week at $4,615 an ounce, gaining 5.2%, while silver jumped 6.5%

<p>On Wednesday, Hong Kong Exchanges and Clearing (HKEX) reported record physical gold deliveries linked to its dollar-denominated gold futures contract. This underscores Hong Kong&rsquo;s push to challenge Western dominance of the gold market.</p> <p>The exchange physically delivered 145kg (319.67 pounds) of gold on Aug. 19. It was the highest single-day delivery since the futures contract

<p>If you live long enough, you&rsquo;re going to have some regrets.</p> <p>Woulda, coulda, shoulda, as my dad was fond of saying.</p> <p>The thing about regrets is that they were totally avoidable. That&rsquo;s why they&rsquo;re regrets. We made a bad decision, a questionable call, a wrong turn.</p> <p>But regrets aren&rsquo;t all bad. We can learn from

<p><span style="font-weight: 400;">Gold and silver have pushed decisively higher, but veteran precious metals analyst </span><a href="https://www.linkedin.com/in/thedavidmorgan&quot; target="_blank" rel="noopener"><span style="font-weight: 400;">David Morgan</span></a><span style="font-weight: 400;"> believes the bigger story goes far beyond the latest price move.</span></p> <p><span style="font-weight: 400;">Speaking with Money Metals podcast host Mike Maharrey, Morgan, publisher of </span><a href="https://www.themorganreport.com/&quot; target="_blank" rel="noopener"><i><span style="font-weight: 400;">The Morgan Report</span></i></a><span

<p>Billionaire investor Thomas Kaplan has issued an eye-popping gold price forecast of $50,000.</p> <p>In an interview on <em>Kitco News</em>, Kaplan said, "<em>Seeing gold go up another tenfold from here, to me, is not just likely, but inevitable.</em>"</p> <blockquote> <p>"I can see gold going to 30, 40, 50,000 dollars without a problem."</p> </blockquote> <div x-data=" item_id:

<p>On Wednesday, Hong Kong Exchanges and Clearing (HKEX) reported record physical gold deliveries linked to its dollar-denominated gold futures contract. This underscores Hong Kong&rsquo;s push to challenge Western dominance of the gold market.</p> <p>The exchange physically delivered 145kg (319.67 pounds) of gold on Aug. 19. It was the highest single-day delivery since the futures contract

<p>Billionaire investor Thomas Kaplan has issued an eye-popping gold price forecast of $50,000.</p> <p>In an interview on <em>Kitco News</em>, Kaplan said, "<em>Seeing gold go up another tenfold from here, to me, is not just likely, but inevitable.</em>"</p> <blockquote> <p>"I can see gold going to 30, 40, 50,000 dollars without a problem."</p> </blockquote> <div x-data=" item_id:

<p><span style="font-weight: 400;">Gold and silver have pushed decisively higher, but veteran precious metals analyst </span><a href="https://www.linkedin.com/in/thedavidmorgan&quot; target="_blank" rel="noopener"><span style="font-weight: 400;">David Morgan</span></a><span style="font-weight: 400;"> believes the bigger story goes far beyond the latest price move.</span></p> <p><span style="font-weight: 400;">Speaking with Money Metals podcast host Mike Maharrey, Morgan, publisher of </span><a href="https://www.themorganreport.com/&quot; target="_blank" rel="noopener"><i><span style="font-weight: 400;">The Morgan Report</span></i></a><span

Kirkland Lake Discoveries Corp. (KLDC:TSXV; KLKLF:OTC) has reported assay results from seven additional drill holes at the Mirado Gold Project in northeastern Ontario, according to an August 18 release. The results highlight broad near-surface mineralization, high-grade gold beneath the historical resource, and continued expansion of the North Zone, the release said. The company has also

Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) reached a major financing milestone with unanimous U.S. EXIM Board approval for a US$2.9 billion senior secured loan to support development of the Stibnite Gold Project in Idaho. The approved financing, together with the company’s US$574.2 million of unrestricted cash at quarter-end, is expected to provide sufficient capital to cover

As of August 18, 2026, Dryden Gold Corp.’s (DRY:TSXV; DRYGF:OTCQX; X7W:FSE) option agreement to acquire a 100% interest in the Lost Lake gold property in Ontario has been approved for filing by the TSX Venture Exchange, with the company subsequently closing the initial tranche of consideration. CA$10,000 has been paid by Dryden to Orebot. In addition,