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Silver

Oil Price Fundamental Daily Forecast – API Report Expected to Show 2.5M Barrel Draw

Yahoo! Finance: SI=F News

A bad report will sent prices lower. The upside momentum seems to be slowing so we could see a substantial near-term correction.

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Silver

Copper demand to fall 5.4% in 2020

Kitco News

(Kitco News) – Global copper demand is forecast to drop 5.4% to 22.625 million tonnes, said the International Wrought Copper Council today.

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Silver

Sienna Resources acquires PGE-Ni-Cu-Co project In Finland

Kitco News

(Kitco News) – Sienna Resources (CVE:SIE) announced today it acquired the Kuusamo battery metals project which is comprised of two exploration “reservation” properties located adjacent to and near EMX Royalty Corporation’s (NYSE:EMX) Kaukua platinum group elements royalty property in Finland, which is being advanced by Palladium One Mining Inc. (PDM-TSX.v).

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Silver

Seabridge Gold completes 3 Aces gold project acquisition

Kitco News

(Kitco News) – Seabridge Gold (TSX:SEA, NYSE:SA) announced today that it completed the acquisition of the 3 Aces gold project in the Yukon, Canada from Golden Predator Mining Corp. for 300,000 Seabridge common shares, potential future cash payments totalling $2.25 million, and continuing royalty participation in the project by Golden Predator.

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Silver

Gold to see $5,000-$9,000 price levels in 10 years – In Gold We Trust Report

Kitco News

(Kitco News) – The yellow metal could be looking at nearing the $5,000 an ounce price tag in a decade and that is a conservative estimate, according to the annual In Gold We Trust Report published by Incrementum AG.

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Mining Weekly Silver Mines raises A$12m – Creamer Media’s Mining Weekly

Mining Weekly Silver Mines raises A$12m  Creamer Media’s Mining Weekly
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Silver

Why Silver Miners SSR, Coeur, First Majestic, and Pan American Jumped 10% or More on Friday – The Motley Fool

Why Silver Miners SSR, Coeur, First Majestic, and Pan American Jumped 10% or More on Friday  The Motley Fool
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Gold

Investors should stay on the sideline with gold

Casey Research/Tom Dyson/5-25-2019

“In the 1840s, Henry David Thoreau lived in a cabin in the woods for two years. He wrote Walden, a famous book about his experience. In 2018, my ex-wife Kate and I went to live in our own ‘financial’ cabin in the woods. We sold all our liquid assets, drained our bank accounts, and handed in the keys to our apartments. I sold my car, all my furniture, and converted everything to physical gold and silver.”

USAGOLD note:  Dyson goes on to say that he follows one particular indicator to know when to buy gold and when to sell it – the Dow-to-Gold Ratio. More at the link ……

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Gold

The changing world order: The big cycles over the last 500 years

Linkedin/Ray Dalio/5-21-2020

graphic image showing sun moon cycle - icon“In brief, after the creation of a new set of rules establishes the new world order, there is typically a peaceful and prosperous period.  As people get used to this they increasingly bet on the prosperity continuing, and they increasingly borrow money to do that, which eventually leads to a bubble.  As the prosperity increases the wealth gap grows.  Eventually the debt bubble bursts, which leads to the printing of money and credit and increased internal conflict, which leads to some sort of wealth redistribution revolution that can be peaceful or violent.”

USAGOLD note:  Dalio – using Holland and Britain as examples – shows how empires cycle in a predictable pattern and how global reserve currencies issued by those empires cycle with them.

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Gold

Endeavour Publishes Sustainability Report and Advances Implementation of Responsible Gold Mining Principles – GlobeNewswire

Endeavour Publishes Sustainability Report and Advances Implementation of Responsible Gold Mining Principles  GlobeNewswire