Updates: Swiss Franc and Silver

Source: Financial Times, Dominic Picarda (9/14/11)

"Central banks have typically enjoyed only temporary success in restraining market forces."

Financial Times, Dominic Picarda

I predicted on April 15—when a pound bought 1.48 Swiss Francs—that sterling would slump to CHF 1.30. It did so in late July and indeed went further, dipping as low as CHF 1.15. The Swiss National Bank's promise to intervene in order to force down the value of the franc has since caused sterling to appreciate sharply to CHF 1.39. While I do not plan to fight this for now, I note that central banks have typically enjoyed only temporary success in restraining market forces. Were the pound to reverse around its 55-week exponential moving average (CHF 1.447), I would be tempted to sell pounds and buy Francs again. . .View Full Article

Is a Commodities Super Cycle on the Way?
Source: Streetwise Reports (04/19/2024)

Are we at the start of a commodities supercycle? We sat down with McAlinden Research to see what they had to say about the current state of commodities.

Idaho Gold Project Could Produce One-Third of Critical Antimony for US
Source: Streetwise Reports (04/18/2024)

Perpetua Resources Corp.'s Stibnite gold project in Idaho is also expected to provide as much as 35% of the United States annual demand for the critical metal antimony. Find out why analysts are recommending this developer.

Vancouver Explorer Sees 'District-Scale' Project in Colo.
Source: Streetwise Reports (04/18/2024)

Metallic Minerals Corp. announces that all four holes drilled at its Newmont-backed La Plata project in Colorado intersected porphyry-style mineralization from the surface and over their entire lengths.

Field Work Points to Copper Porphyry at Idaho Asset
Source: Streetwise Reports (04/18/2024)

To prove this out, the Canadian company plans additional exploratory work, to commence next month. Read on to learn more about this compelling project.

Gold Co. Sets New Drill Targets for Mexican Project
Source: Streetwise Reports (04/18/2024)

Centenario Gold Corp., fresh off the results of its maiden drilling program at its Eden gold-silver property in Mexico, is outlining new drill targets across the property. At the same time, prices for the precious metal are taking off.