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Sunday Edition: April 11, 2021

Gold Seeker Issue #59 ~ This Week in Mining: Metals Push Higher; Early Q1 Production Numbers

Companies started to report Q1 production results in what was otherwise a quiet week. Gold and silver prices saw nice rebounds, but it is unlikely we have resumed the uptrend.

Friday Edition: April 9, 2021

COT Gold, Silver & USDX Report - April 9, 2021

Positions as of Tuesday, April 6, 2021.

Another Gold-Stock Upleg

But over the last five weeks or so, gold stocks have powered higher again in another young upleg.  This one has a far-stronger foundation given the underlying gold setup.

Basel 3 rules may not hamper gold price suppression much

These gold transactions by the BIS are perhaps the most obvious sign of regular and often extensive if usually surreptitious gold trading done by central banks.

Precious Metals Update Video: Gold trying to change trend

Gold is in the area of challenge. Can it close higher and change the trend?

Thursday Edition: April 8, 2021

Rising Debt Means a Weaker Dollar

Americans appear to be growing more concerned about the skyrocketing national debt level – officially $28.1 trillion and counting.

Sentiment Speaks: Turn Off Your TV Now

In fact, for the greater part of the last 3 years, the gold and dollar markets have basically been trading together in the same trend. 

Precious Metals Update Video: Gold pushing into resistance

Very quiet day, volumes. If gold can clear this resistance area, then I will have a different attitude on the market.

Wednesday Edition: April 7, 2021

The US has a Metals Problem

Our mineral exploration sector doesn’t need public money to succeed in finding new deposits that will go a long way towards addressing global supply shortages but having government on side during the often-long road from discovery to production can certainly help with permitting new mines, as demand for green energy/ transportation metals goes bonkers.

Most Money Managers Gamble With Your Money

The belief in the Fed and US Treasury to control the financial market will be absolutely ubiquitous.

Don’t Be Fooled by the Stock Market Rally

Markets tend to move in cycles. They typically experience cyclical pullbacks after trending higher for a long period of time. Rarely do markets move straight up or straight down.

Undesirable Unallocated Unavailability

Two weeks ago in this space, we brought to your attention a looming and growing problem within the fractional reserve bullion industry. The situation has seemingly gotten more dire in the past few days..

Precious Metals Update Video: Gold market is interesting but what is beyond?

This is the resistance zone for gold, which it is in now. Chart still bearish.

Tuesday Edition: April 6, 2021

A Golden Easter Egg

Fiat money is a Ponzi scheme.  It doesn’t matter which country’s flag is draped on the scheme; it’s still a just an evil scheme to enrich and empower the elite… at the expense of the poor and middle earners who believe the scheme is in place to help them.

Fortitude Gold Intercepts 20.10 Meters of 3.60 g/t Gold at Golden Mile, Ongoing Delineation & Engineering

“Drilling over 20 meters of 3.60 grams per tonne gold less than one meter below the surface underscores Golden Mile’s potential to become an open-pit mine,” stated Mr. Jason Reid, President and CEO of Fortitude Gold. 

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