Pure Gold is a development and exploration story out of the High-Grade Gold Capital of the World—the Red Lake Mining Camp of northwestern Ontario. The company’s Madsen deposit, aka the PureGold Mine, is considered the highest grade development-stage project in Canada.
Peter Schiff and signs of strength in the junior exploration arena – Skeena (SKE.V) and Alexco (AXU.TO)
Now that the first quarter of 2020 is in the rearview mirror, we can reflect on this recent history. Q1 2020 was THE worst first-quarter EVER for the U.S. stock market. It was darker than even the darkest dark of the Great Depression.
The ultimate Fed Put, soaring precious metals prices – not enough gold and silver coins to go around
Though the U.S. Congress has yet to agree on a bailout package, it’s working on an unprecedented spending bill to prop up a dying economy.
Some ask, “if gold is such a safe haven asset, why did it get sold so unrelentingly when the broader indices caught what-for?”
With all of the carnage in the broader markets of late—S&P 500 futures are currently off 5%, Crude Oil (WTI) is off a whopping 30%—there are precious few bright spots.
After an emergency 50 BPS rate cut, and U.S. 10-year money hovering on both sides of 1% for the first time since forever, gold is taking on a whole new luster.
“This was the shortest correction in market history…” is the first thing that crossed my screen when I woke up this morning (Tuesday, March 3), pre-open for the North American markets.
If one was to stand in the middle of the tiny aldea surrounding Impact Silver’s (IPT.V) Guadalupe Production Center and lob a stone in any direction, chances are you’d hit silver-rich rock—that was my impression anyway, having recently visited the company’s district-scale foothold in a region with an epic history of silver mining.
In a recent offering, we suggested that Defense Metals is advancing its 1,708-hectare Wicheeda Rare Earth Element (REE) Project at a pace that should begin attracting a much wider audience.