Gold ETFs Turn Higher on ECB Pledge as Central Banks Meet

Source: ETF Trends (7/30/12)

"Silver ETP holdings have been on a modest upward trend since early July, indicating some investors view the recent silver price range as a good entry point."

ETF Trends

Gold and silver ETFs have jumped on renewed hopes central banks will announce more stimulus to help the global economy. European Central Bank President Mario Draghi last week pledged aggressive action to stabilize debt markets.

Precious metals led commodity prices higher last week after Draghi committed to do "everything it takes" to keep the Eurozone intact.

Spanish 10-year bond yields ended the week below the 7% level that prompted other peripheral countries to seek bailouts.

While Spain and its banks will receive bailout funds, the exact mechanism remains unclear. Draghi is now trying to seek government and national central bank approval for a plan to ease borrowing costs in Italy and Spain before the next ECB meeting on Thursday. . .View Full Article

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.

Franco Will Increase Production Without Cobre Panama
Source: Adrian Day (04/17/2024)

Global Analyst Adrian Day looks at first-quarter results from three resource companies, as well as recaps Francos annual "investor day." Overall, he believes the results were positive.