Any fact requiring an explanation of why it isn't negative, isn't positive.
A Fed note explaining why most gold reserve relocations from the NY Fed aren't negative for the USD.
Another hit! Silver North continuing to release successful 2026 drill campaign results….
“We feel quite confident that the structure hosting the Main Fault has significant potential along strike in both directions as well as downdip.”
$SNAG.V
$SNAG | $TARSF
Silver North Intersects 2.70 metres True Width (TW) of 327 g/t Silver, 0.27 g/t Gold, 4.05% Lead and 0.91% Zinc (402 g/t AgEq) in Step Out Drilling at Haldane
🎯 722 g/t silver over 0.27 m (TW) Intersected at 263.80 m in HLD26-44
Press Release: Aztec Drills 70.1 meters of 0.80 g/t AuEq (0.49 g/t Au and 16.85 g/t Ag) from Surface in TR26-54 at the Tombstone Project, Arizona
🔗
TSXV: $AZT.V | OTCQB: $AZZTF
Singapore Launches Gold Vaulting Service for Central Banks
Singapore has launched a gold vaulting service for foreign central banks and official institutions to store bullion reserves.
The precious metal will be stored in the city-state's national currency vault, which has capacity for as much as 500 tons, with room to expand as demand grows.
Singapore is seeking to tap growing demand to diversify where bullion reserves are stored, and to establish itself as a hub for the precious metal, with plans including an over-the-counter clearing system and enhanced logistics.
Trump endorses an amnesty deal with Democrats, saying immigration maximalists are on the “pretty far right” and suggesting that illegals who have been in the US for 10-15 years should have an opportunity to stay.
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Buying the Dip!
China adds 25.8 tons of gold in October, accelerating their gold buying program as gold price drops back to $4K.
China has now bought gold for 24-months straight, since Trump was re-elected. Will their gold buying habits change now that Democrats are returning?
Ed Steer: Back on April 7...the Big 8 were short 43,407 COMEX contracts when silver was $72 the ounce.
As of Friday's COT Report, the Big 8 short position in silver was 46,117 contracts...with silver at $50 as of the Tuesday cut-off.
...
All that stands in the way of a rather spectacular 3-digit silver price...as it's always been...are the Big 8 collusive commercial shorts. If not for them...we'd already be there.