Hungary Triples Gold Reserves, Central Banks Could be ready to spark buying Spree.

Last year the Central Banks took a break from buying the yellow metal,  interest is picking up again as Hungary now triples its reserves. Hungary’s Central Bank increased to 95.5 metric tons from 31.5 tons which is one of the most significant central bank purchasers in the last decade. This was an official statement released […]

Health Canada Announces Intent to Revise Special Access Program

Health Canada announced on December 11th 2020 that it has intention to revise the Special Access Program (SAP) to allow for the safe use of MDMA (methylenedioxymethamphetamine) and psilocybin-assisted psychotherapy helping to address the huge treatment gaps that exist for a range of mental illnesses and substance use disorders. Health Canada’s notice of intent regarding […]

Montoro Enters Hottest Gold Camps – Newfoundland

October 5th 2020: International Montoro Resources Inc. (TSX.V:IMT) has entered Newfoundland’s two hottest Gold Camps becoming a significant landholder in both regions. Key Points Acquires 6,600 Hectares Newfoundland sampling up to 44.5 grams per tonne gold on surface. District Scale Gold Camp close proximity to Newfound Gold and Marathon Golds recent discoveries. Results as high […]

U.S. economy plunges 31.4% in spring but big rebound expected

The U.S. economy plunged at a record rate in the spring but is poised to swing to a record increase in the quarter that is just ending. The Commerce Department reported Wednesday (September 30th) that the gross domestic product, the economy’s total output of goods and services, fell at a rate of 31.4 per cent in […]

Trump Signs Executive Order to Expand US Rare-Earths Mining

As trade disputes between China and the US continue to escalate, US President Donald Trump has decided to target rare-earth minerals, of which 80% of the US’ are imported from the communist country. On Wednesday, the president signed an executive order announcing a national emergency in the mining industry. The executive order will focus on […]

Gold Price Sprinting Past An All-Time High

Gold prices could surge beyond the $2,000 level this year as economic and geopolitical uncertainties lead to a rush for safer assets, analysts predicted. Gold price had hit a record high of $1,920.70 in 2011, according to Comex futures, and it won’t come as a surprise if that mark is breached in the coming days. […]

Uranium: A bull market is under way

July 24, 2020 The growing uranium supply deficit, currently being accelerated by COVID-19 pandemic related production cuts, has seen the price for uranium skyrocket – making it the world’s best-performing major commodity right now. With the suspension of operations at four notable uranium mines in March and April, the spot price has surged to US$33/lb […]

Gold Surpasses $1,900

July 24, 2020 The price of gold continues to climb as investors clamor to get a bit of the action. The precious metal passed the significant $1,900 mark this morning in spot pricing terms as it continues its climb, evidently on its mission to reach all time highes of $1,921 set in 2011. The recent […]

Tesla: bring me more nickel

July 23, 2020 Electric vehicle visionary, Elon Musk, said he is asking mining companies to produce more nickel. Musk made the comments during his second quarter earning call earlier this week. He said miners will be offered a giant contract from Tesla if they mine nickel efficiently and in an “environmental way,”  The CEO of […]

US Economy on Course Towards Double-Dip Recession

July 22, 2020 The continued near-exponential increase in COVID-19 cases directs one of the world’s largest economies towards more volatility and collapse. According to a CNBC interview with Stephen Roach, the former Morgan Stanley Asia chairman, veteran economist, and Yale University senior fellow, the probability of the US economy going through a double-dip recession continues […]