I find it interesting that the price I pay for silver eagles is the same as when it was 30 as premiums have shrunk.
deer79
Hopefully they lose tonight. I think they just might.
SLV had the heaviest volume it’s had in over a month, appears some folks are betting on higher prices forthwith. 🙂
The chart looks good, much better looking than the chart of GLD. Still, gold has been a stallion compared to past times when we’d give up most of our gains after a rally. Maybe things are really about to change for us.
Theft
Mali to sell $107M in gold from Barrick to fund mine restart
The court-appointed administrator of Barrick Mining’s (TSX: ABX; NYSE: B) Loulo-Gounkoto complex in Mali is reportedly planning to sell some of the gold from the mine site to fund an operation restart.
Citing multiple sources, Reuters said on Tuesday that Soumana Makadji, acting as temporary administrator of the mine operation, intends to sell one metric ton of the gold from the site’s storeroom.
Funds from the planned gold sale could be worth about $107 million and are expected to be used to finance operational expenses, including salaries, fuel and unpaid dues to contractors, the report said.
In addition, Reuters sources have indicated that Makadji has enlisted the state mining company’s chairman and former Loulo-Gounkoto executive Samba Toure to support the mines’ restart, and the plant has already resumed operations.
Looks like
…the scum are fighting $37.10 with everything they’ve got!!!!
BHP and RIO
Moving up on heavy volume, BHP in particular gapping up and breaking out above the 200 dma on good volume. RIO still struggling with the 200 day but looks like it’s got a little room to run.
I’m guessing these are doing well because palladium is up 4.5%? Platinum doing OK too.
Silver breaks $37
Kind of a stealth move up today. No fanfare, no real big moves up in the shares.
I guess we’ll find out how important the $37 level is to the criminals to defend.
Maybe we get a quick jump up to $40 to correct the GSR. Could happen. 🙂
This is the best advice I have ever heard for seniors….way more important that your investments or your silver and gold.
Please take the time to listen to the common sense advice from this doctor. If you recognize yourself, better pay close attention. His advice will prolong your life. SNG
Popping on big volume
Scottie Resources
MP
- The Defense Department will buy $400 million of preferred stock in MP Materials.
- MP Materials owns the only operational rare earth mine in the U.S. at Mountain Pass, California.
- It will build a second magnet manufacturing facility in the U.S. with the support of the Pentagon.
- Rare earths are key components in a range of military weapons systems.
Thought this was interesting….
treefrog @ 9:48 re: NAK
Buy more!
Nice to see some downtrodden miners finally come back and go to new highs!
Buygold
“That’s 1/3 of NVIDIA’s weekly swing”
I think it’s the difference between high and low price.
Anyhoo the silver world looks TINY! 🙂
I guess the dollar isn’t going to make it easy
Rates inching up too. GLD having trouble with the 50 dma
Ipso – crazy about silver and NVDA. When they say an $18B market does that include all the paper changing hands every day? I guess there are days when the Crimex trades more than a years worth of supply.
You’d really think someone would want to take advantage. $18B doesn’t even make a dent in Musk’s wealth.
NAK
first rattle out of the box, up another nine percent!
edit:Â now ten !!
(eleven…)
(thirteen…)
Yep
ExplorerGems
@ExplorerGems
The total market cap of the entire #silver mining industry? Just $18B. 🤯
That’s 1/3 of NVIDIA’s weekly swing — and a rounding error vs. the $52T S&P 500.
💥 When capital floods in, the move is explosive. The door is tiny — and FOMO does the rest.
Kobo Resources Confirms Additional High-Grade Gold Mineralization at Kossou with 15.5 m at 2.3 g/t Au, incl. 8.3 m at 3.43 g/t Au; Outlines Next Phase of Exploration at Kossou
https://pro.ceo.ca/@businesswire/kobo-resources-confirms-additional-high-grade-gold
Talisker Advances Second Phase of Ore Sorting Studies for the Bralorne Gold Project
https://pro.ceo.ca/@globenewswire/talisker-advances-second-phase-of-ore-sorting-studies
Sterling Metals Announces Private Placement of Units and Flow-Through Shares
https://pro.ceo.ca/@accesswire/sterling-metals-announces-private-placement-of-units-c933b
Golconda Gold Ltd. Releases Q2 2025 Production Update
https://pro.ceo.ca/@globenewswire/golconda-gold-ltd-releases-q2-2025-production-update
Opawica Drills 6.12 G/T AU, 3.65 G/T AU, AND 2.15 G/T AU, AND 67.9 m of 0.84 G/T Au At Bazooka Property
https://pro.ceo.ca/@thenewswire/opawica-drills-612-gt-au-365-gt-au-and-215-gt
American Pacific Drills 23.2 g/t Gold and 11.3 g/t Gold Over 1.5 Metres within Broader Intervals with Strong Porphyry Geochemical Signatures
https://pro.ceo.ca/@newsfile/american-pacific-drills-232-gt-gold-and-113-gt
West Point Gold Reports Positive Preliminary Metallurgical Results from the Gold Chain Project, Arizona
https://pro.ceo.ca/@newsfile/west-point-gold-reports-positive-preliminary-metallurgical
Torex Gold Reports Q2 2025 Production Results
https://pro.ceo.ca/@newsfile/torex-gold-reports-q2-2025-production-results
Prospector Signs Letter of Intent with BeMetals for Option on Savant Gold Project, NW Ontario
https://pro.ceo.ca/@newsfile/prospector-signs-letter-of-intent-with-bemetals-for
NexGold Infill Drilling Continues to Intersect High-Grade Gold Mineralization at the Goldboro Gold Project, Including 77.30 g/t over 1.25 metres and 19.32 g/t gold over 3.50 metres
https://pro.ceo.ca/@globenewswire/nexgold-infill-drilling-continues-to-intersect-high-grade
Troilus Agrees to Commercial Offtake Terms with Boliden for Copper-Gold Concentrate
https://pro.ceo.ca/@globenewswire/troilus-agrees-to-commercial-offtake-terms-with-boliden
Rocky Shore Identifies Potential Extension at the Lane Pond Gold Target within the Gold Anchor Project
https://pro.ceo.ca/@globenewswire/rocky-shore-identifies-potential-extension-at-thelane
G2 Goldfields Provides Comments on Recent Trading Activity and General Corporate Update
https://pro.ceo.ca/@globenewswire/g2-goldfields-provides-comments-on-recent-trading-activity
Kiniero Grade Control Drilling Continues To Return High-Grade Gold Results
https://pro.ceo.ca/@globenewswire/kiniero-grade-control-drilling-continues-to-return
Orla Mining Achieves Record Quarterly Production with First Full Quarter Contribution from Musselwhite
https://pro.ceo.ca/@newswire/orla-mining-achieves-record-quarterly-production-with-21313
Starcore Enters into LOI to Lease a Historical Past-Producing Silver Mine
https://pro.ceo.ca/@newsfile/starcore-enters-into-loi-to-lease-a-historical-past-producing
LUNDIN GOLD REPORTS Q2 2025 PRODUCTION OF 139,433 OUNCES OF GOLD
https://pro.ceo.ca/@newswire/lundin-gold-reports-q2-2025-production-of-139433-ounces
New Found Gold Expands and Confirms Continuity of High-Grade Gold Mineralization at the Keats West Zone
https://pro.ceo.ca/@newswire/new-found-gold-expands-and-confirms-continuity-of-high-grade
Fitzroy Minerals Announces Closing Of Final Tranche Of Non-Brokered Life Offering And Concurrent Private Placement
https://pro.ceo.ca/@thenewswire/fitzroy-minerals-announces-closing-of-final-tranche
Triple Flag Completes Acquisition of Orogen Royalties and its 1.0% NSR Royalty on the Arthur Gold Project in Nevada
https://pro.ceo.ca/@businesswire/triple-flag-completes-acquisition-of-orogen-royalties
VIOR REPORTS NEW HIGH-GRADE GOLD DISCOVERY AT LAC GUILLET AREA
https://pro.ceo.ca/@newswire/vior-reports-new-high-grade-gold-discovery-at-lac-guillet
Mandalay Resources Reports Steady Q2 Production, US$101M Cash and Crucial Investment to Support Growth at Costerfield
https://pro.ceo.ca/@globenewswire/mandalay-resources-reports-steady-q2-production-us101m
First Nordic Metals Announces C$10 Million “Best Efforts” LIFE Offering of Units
https://pro.ceo.ca/@globenewswire/first-nordic-metals-announces-c10-million-best-efforts
Galleon Gold Closes the First Tranche of a $7.5M Oversubscribed Private Placement of Convertible Debentures
https://pro.ceo.ca/@newsfile/galleon-gold-closes-the-first-tranche-of-a-75m-oversubscribed
Jaguar Mining Inc. Reports Second Quarter 2025 Operating Results, Demonstrating Resilience and Strategic Focus While Advancing MTL Restart
https://pro.ceo.ca/@accesswire/jaguar-mining-inc-reports-second-quarter-2025-operating
Japan Gold Barrick Alliance Hakuryu Drill Program Intersects Encouraging Results of High-Grade Gold
https://pro.ceo.ca/@newsfile/japan-gold-barrick-alliance-hakuryu-drill-program-intersects
Bayhorse Silver Pegasus Silver/Copper Project IP Survey Parameters
https://pro.ceo.ca/@newsfile/bayhorse-silver-pegasus-silvercopper-project-ip-survey
1.46 Million Ounces of Gold Outlined on Globex’s Duquesne West Property by Emperor Metals
https://pro.ceo.ca/@globenewswire/146-million-ounces-of-gold-outlined-on-globexs-duquesne
Significant Results from RC Drilling at Tibooburra Gold Project
https://pro.ceo.ca/@globenewswire/significant-results-from-rc-drilling-at-tibooburra
Brookmount Gold Updates Financial Reporting Schedule for Annual Results & Audit Review Guidance, Together with its Strategy to Pursue Listing on a Senior Exchange
https://pro.ceo.ca/@accesswire/brookmount-gold-updates-financial-reporting-schedule
Red Pine Announces Closing of Upsized $8.5 Million Brokered Offering
https://pro.ceo.ca/@globenewswire/red-pine-announces-closing-of-upsized-85-million
GoldQuest Closes Final Tranche of Private Placement for Total Gross Proceeds of C$16.2 Million
https://pro.ceo.ca/@newsfile/goldquest-closes-final-tranche-of-private-placement
Nicola Mining Commences Long-Term Production of Gold and Silver
https://pro.ceo.ca/@newsfile/nicola-mining-commences-long-term-production-of-gold
Ashley Gold Corp. Announces Receipt of Assays, Sample Values Delineate Wide Gold Bearing Corridor at Burnthut Project
https://pro.ceo.ca/@thenewswire/ashley-gold-corp-announces-receipt-of-assays-sample
Kingsmen Announces Letter of Intent for an Option to Acquire the Almoloya Gold-Silver Project in the Parral Mining District, Chihuahua
https://pro.ceo.ca/@newsfile/kingsmen-announces-letter-of-intent-for-an-option-to
Bullion Gold Reports Olympio Metals Continues Drilling Program on Bousquet Beyond the Initial Planned Program
https://pro.ceo.ca/@newsfile/bullion-gold-reports-olympio-metals-continues-drilling
GoGold Reports Q3 Production at Parral of 555,500 Silver Equivalent Ounces
https://pro.ceo.ca/@newsfile/gogold-reports-q3-production-at-parral-of-555500-silver
Silver Bullet Mines Enters into Sale Agreement for Concentrate from Super Champ Mine in Arizona
https://pro.ceo.ca/@newsfile/silver-bullet-mines-enters-into-sale-agreement-for
IDEX Metals Commences 2025 Exploration Program at the Freeze Copper-Gold Project, Washington County, Idaho
https://pro.ceo.ca/@thenewswire/idex-metals-commences-2025-exploration-program-at-the
Sprott Silver Miners & Physical Silver ETF Reaches $100 Million in Assets
https://pro.ceo.ca/@globenewswire/sprott-silver-miners-physical-silver-etf-reaches
Sonoro Gold PROVIDES AN UPDATE ON THE ENVIRONMENTAL PERMIT (mia) FOR THE CERRO CALICHE GOLD PROJECT
https://pro.ceo.ca/@globenewswire/sonoro-gold-provides-an-update-on-the-environmental
Sranan Gold Provides Progress Update on Drilling Campaign at the Tapanahony Gold Project in Suriname
https://pro.ceo.ca/@newsfile/sranan-gold-provides-progress-update-on-drilling-campaign
Kenorland Minerals Provides 2025 Exploration Update
https://pro.ceo.ca/@newsfile/kenorland-minerals-provides-2025-exploration-update
Scottie Announces $16.8 Million Non-Brokered Financing
https://pro.ceo.ca/@newsfile/scottie-announces-168-million-non-brokered-financing
Arizona Gold & Silver Drilling Identifies Second High Grade Zone with 11 GPT Gold Intercepted at the Philadelphia Project, Arizona
https://pro.ceo.ca/@thenewswire/arizona-gold-silver-drilling-identifies-second-high
SLAM Reports Gold Assays From 7.42 to 94.80 g/t Gold and Announces Resignation of Director/CFO
https://pro.ceo.ca/@accesswire/slam-reports-gold-assays-from-742-to-9480-gt-gold
Happily it looks like I was wrong yesterday
and it looks like we’re off to a decent start. Both silver and gold a bit higher with silver outperforming and getting back yesterday’s losses.
SM flat/down. Oil and Bitcoin and the dollar the same. Mostly down a little. Rates up a bip, after a good hit yesterday.
PM shares firm, mostly up 1/2 – 1%.
Just goes to show ya, when I have a feeling, it’s probably just gas. 🙂

