Clem Chambers, CEO of aNewFN.com, shares his outlook for gold and silver. He also shares his thoughts on the broader US economy. ‘We’re in an elevated inflationary situation, QE is coming, interest rates are coming down, the dollar’s going to fall hard and precious metals are going to go up,’ Chambers emphasized. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article. This post appeared first on investingnews.com
Mart Wolbert, analyst at Contrarian Codex, is seeing a uranium mindset shift as more investors take stock of the growing supply/demand imbalance in the market. He explains how he’s approaching uranium stocks and shares his price outlook. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article. This post appeared first on investingnews.com
Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) is pleased to provide an update on the Phase I drilling program at its La Union Gold and Silver project in northwest Sonora, Mexico. Drill holes have now been completed at two of the 4 target areas: The initial hole was completed beneath the historic Union Mine itself, intersecting the favourable carbonaceous Clemente and Caborca formations, including the microconglomeratic carbonate unit which hosted mineralization at the bottom of the past producing Union Mine. Drilling then shifted focus to the El Cobre Mine area and the Union Norte Mine area, testing vertical feeder zones above the Clemente formation dolomites and carbonaceous sandstones. Hole two intersected more quartzites than interpreted from the geophysics, with the quartzites carrying more extensive hematitic oxides, possibly indicative of oxide gold mineralization potentially related to sulfides which have been oxidized through supergene weathering. Saf…
Jindalee Lithium (JLL:AU) has announced Reinstatement to Official Quotation Download the PDF here. This post appeared first on investingnews.com
American Uranium (AMU:AU) has announced Snow Lake Completes AMU Investment Download the PDF here. This post appeared first on investingnews.com
Shares of Kenvue fell more than 10% on Friday after a report that Health Secretary Robert F. Kennedy Jr. will likely link autism to the use of the company’s pain medication Tylenol in pregnant women. HHS will release the report that could draw that link this month, The Wall Street Journal reported on Friday. That report will also suggest a medicine derived from folate — a water-soluble vitamin — can be used to treat symptoms of the developmental disorder in some people, according to the Journal. In a statement, an HHS spokesperson said, “We are using gold-standard science to get to the bottom of America’s unprecedented rise in autism rates.” “Until we release the final report, any claims about its contents are nothing more than speculation,” they added. Tylenol could be the latest widely used and accepted treatment that Kennedy has undermined at the helm of HHS, which oversees federal…
It’s been a historic week for precious metals, with gold nearly hitting the US$3,600 per ounce mark, and silver passing US$41 per ounce for the first time since 2011. The gold price spent the summer in a consolidation phase, and part of what’s spurring its latest move is expectations that the US Federal Reserve will lower interest rates at its next meeting. The central bank has held rates steady since December 2024, even as President Donald Trump places increasing pressure on Fed Chair Jerome Powell to cut. Powell’s August 22 speech in Jackson Hole, Wyoming, began stoking anticipation of a cut, and August US jobs data, released on Friday (September 5), has all but guaranteed it will happen. Non-farm payrolls were up by 22,000, significantly lower than the 75,000 expected by economists. Meanwhile, the country’s unemployment rate came in at 4.3 percent. CME Group’s (NASDAQ:CME) FedWatch tool now shows a…
Lode Gold Resources Inc. (TSXV: LOD,OTC:LODFF) (OTCQB: LODFF) (‘Lode Gold’ or the ‘Company’) is pleased to announce that it has now closed its previously announced non-brokered private placement offering for $1.0 million (the ‘Offering’). In three tranches, the Company raised total gross proceeds of $1,513,768 through the issuance of 8,409,825 units of the Company (‘Unit’) at a price of $0.18 per Unit, (see related Company news first tranche, second tranche, and final tranche). Each Unit consists of one common share of the Company (‘Common Share’) and one common share purchase warrant (‘Warrant’). Each Warrant shall entitle the holder to purchase one Common Share at an exercise price of $0.35 per share for a period of 36 months following the date of closing. The Company may accelerate the Warrant expiry date if the Company’s shares trade at $0.65 or more for a period of 10 days, including days where no trading…
The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% Friday, according to Mortgage News Daily, following the release of a weaker-than-expected August employment report. It’s the lowest rate since Oct. 3 and the biggest one-day drop since August 2024. Rates are finally breaking out of the high 6% range, where they’ve been stuck for months. “This was a pretty straightforward reaction to a hotly anticipated jobs report,” said Mortgage News Daily Chief Operating Officer Matt Graham. “It’s a good reminder that the market gets to decide what matters in terms of economic data, and the bond market has a clear voting record that suggests the jobs report is always the biggest potential source of volatility for rates.” Graham said in a post on X that many lenders are “priced better” than Oct. 3 and would be quoting in the high 5% range. The drop is…
Investor Insight Brazil’s expanding natural gas market, supported by an attractive and stable regulatory framework and fiscal regime, presents a unique opportunity for Alvopetro Energy to leverage its high-potential upstream and midstream assets. In early 2025, Alvopetro also announced a strategic entry into Western Canada focused on the prolific Mannville stack play fairway in Saskatchewan. With capital investment opportunities in Canada and Brazil, Alvopetro is on the pathway for long-term growth. Overview Alvopetro Energy (TSXV:ALV;OTCQX:ALVOF) is an independent energy company focused on unlocking onshore natural gas in Brazil while expanding its footprint into Canada. The company is recognized as Brazil’s first integrated onshore natural gas producer, having established a unique model that combines upstream production, midstream infrastructure and long-term sales agreements with stable pricing linked to Brent and Henry Hub benchmarks. Since commencing production in 2020, Alvopetro has delivered strong operating results, sector-leading netbacks and consistent dividends. With a disciplined…