In rare form today, TFMetals decided to throw Newmont under the bus on “X” or Twitter. This was likely due to Newmont’s dismal Q4 2023 results, reporting a $3.1 billion net income loss for the period. Turd used several expletives to describe the performance of the world’s largest gold mining company…
According to the EIA for 2024, the U.S. plans to install double the amount of solar power it did last year and increase total battery storage capacity by 50 percent. More than 80% of new Electric-Generating Capacity added to the U.S. Grid will come from solar and battery storage…
Central bank gold demand continued to be strong in the fourth quarter, pushing the total to over 1,000 metric tons for the year. Compare this to the Gold ETF net outflows of 244 metric tons over the same period…
The U.S. Mint has sold nearly 5 million Silver Eagles in the first three weeks of the year compared to only 87,500 oz of Gold Eagles. This is a Big trend change compared to the previous three years, as the Silver-to-Gold Eagle buying ratio has more than doubled…
After the company reported lower-than-expected gold production today, Barrick’s share price plummeted nearly 10%. Barrick’s gold mine supply is now the lowest in over two decades. How could this be when the company invested billions in the past decade to expand production…
U.S. Mint Silver Eagle production staged an impressive recovery last year as sales increased more than 50% while Gold Eagle sales rose slightly. This trend continues into 2024 as early demand for Silver Eagles is quite strong. So, what’s next for 2024…