Gold Pullback Creates Opportunity to Buy Adrian Day recaps the recent news at some of his favorite resource companies, noting several good buys that emerged after the recent sector pullback. Fortuna Silver Mines Inc. (FSM:NYSE; FVI:TSX; FVI:BVL; F4S:FSE) released its first-quarter earnings, in line with expectations and with no negative surprises. Full-year guidance was also … [Read more…]
The Air Is Coming Out of the Housing Bubble May 25, 2022 by SchiffGold 0 4 The Fed has barely started raising interest rates but the air is already seeping out of the housing bubble. New single-family home sales plunged by 16.6% from March and were down 26.9% year on year. New home sales dropped to the lowest … [Read more…]
Wear Your Moonbeams: June’s “Other” Birthstone, the Moonstone June actually has several birthstones; we’ve discussed pearls and alexandrite in previous articles. This month I want to spotlight the luminous moonstone gem, both affordable and beautiful. In Hindu mythology, that moonstone was said to be created from moonbeams, which explained the beautiful “moonlight” that shimmers across … [Read more…]
When Silver Beats Gold Market Analysis — Investing — Trading Methods At The Morgan Report. | http://www.themorganreport.com/join. Starting your own precious metals savings program is an easy way to automatically save in gold and silver. This makes it easy to maintain a disciplined program for increasing your ownership of history’s most proven stores of value. … [Read more…]
Visual Vein Intercept Excites Copper Explorer Red Metal is fitting together the puzzle pieces of a promising copper project in Chile. A last-minute impulse to drill an intercept visible on the surface, but not included in its 2020 drill program at its flagship Carrizal project, produced a welcome surprise for Red Metal Resources Ltd. (RMES:CSE; … [Read more…]
The Fed Giveth; The Fed Taketh Away: SchiffGold Friday Gold Wrap May 27, 2022 May 27, 2022 by SchiffGold 0 0 When the Federal Reserve tinkers with interest rates, it creates all kinds of economic distortions. This is very obvious in the housing market. Over the last couple of years, the Fed blew up a giant housing bubble. … [Read more…]
The Wide World of Pearls, Our 55th Issue: Hellllooooo, Hanadama! TOO GOOD TO BE TRUE … ALMOST More then just high luster, true metallic luster is a very specific type of luster that appears to come from within the pearl, as opposed to just on the surface. A single glance at … [Read more…]
Junior Picks Up La Guitarra for Shares Mexico is known for “la plata”, and silver has been mined there since Spanish colonial times. One aggressive junior explorer just pulled the trigger on a deal to acquire a past-producing mine that management knows intimately (maybe even more than the previous operators). The acquisition just needs to … [Read more…]
Comex Delivery Update: Shorts are Dragging Their Feet Again May 28, 2022 by SchiffGold 0 0 Gold: Recent Delivery Month Gold started June delivery with 22,394 contracts outstanding. This is below April and December, but above August, October, and February. It is about on par with last June. Delivery on the first day was surprisingly weak with only … [Read more…]
What is Fluorescence in a Diamond? Fluorescence is the tendency of a diamond to emit a soft glow when the stone is exposed to ultraviolet light (UV light). Fluorescence is neither good or bad, but definitely something to consider as it can improve a diamond’s color or make the gem look hazy. The fluorescence effect … [Read more…]