US Energy and Mining Gets a ‘Bump’ from President Trump

US Energy and Mining Gets a ‘Bump’ from President Trump

$USO $UNG $XAU $XAG $CU Thursday, President Trump on Thursday is signed an executive order that gives federal agencies emergency powers to fast-track major energy and other infrastructure projects by overriding environmental permitting requirements. The order is billed as a way to “support and accelerate” the economic recovery from the impacts of the C-19 coronavirus chaos and […]

Gold & Silver: Not a Top, but a Mid-Cycle Correction

Gold & Silver: Not a Top, but a Mid-Cycle Correction

$XAU, $GLD, $XAG, $SLV, $USD Gold’s entered a gentle climb North after marking the 12 November lows. It was not until the Thursday before Christmas when prices verified a cyclical breakout. The initial breakout surge is slowing as the precious Yellow metal enters a mid-cycle correction. Key support is between 1520 – 1540. Once completed, […]

Growth in Gold Discoveries Driven by Older Mining Deposits

Growth in Gold Discoveries Driven by Older Mining Deposits

$GLD, $XAU, $GOLD A major annual analysis of major gold discoveries yielded 278 deposits containing 2.16-B oz of gold discovered over the Y’s 1990-2018 frame, an increase from the 1.94-B oz in 263 deposits in the Y 2018 analysis. The discovery list increased by 15 deposits and 215.1-M oz of gold is heartening, by far […]

Iran Desperate, Does Not Want War

Iran Desperate, Does Not Want War

Iran is “getting desperate” after the United States lifted sanctions waivers on 5 countries in early May, and the attacks on 2 Japanese-owned Crude Oil tankers is the “most provocative” to date, and Iranian leaders are lying when they say their nation was not involved, Representative Michael McCaul (R-TX) said Friday. “This is clearly an […]

Gem Diamonds Finds Another Huge Diamond at its Lesotho Mine

Gem Diamonds Finds Another Huge Diamond at its Lesotho Mine

Gem Diamonds Finds Another Huge Diamond at its Lesotho Mine $GMDMF Africa-focused Gem Diamonds (OTCMKT:GMDMF) unveiled a 115-carat stone Tuesday at its flagship Letšeng mine in Lesotho, the latest in a string of major discoveries at the operation this year. The finding of the high-quality, D-color Type IIa diamond follows the recovery of 5 other diamonds of over 100 […]