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Over the Weekend!

ByVictoria

The US is moving towards sound money movement

“Everything else that could function as money has been saddled with taxes and disincentives,” Jp Cortez explained, emphasizing how the current monetary system traps people in the Federal Reserve’s fiat currency.

“Ten years ago, only a handful of states were considering sound money policies. Last year, more than 27 states introduced over 65 bills related to sound money.”

Source – Money Metals

Sound money – refers to a reliable and stable medium of exchange that maintains its value over time.

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    Vizsla Silver shares surge on resource

    ByVictoria
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    This is an update on the 5 year project possibly longer.

    Shares of Vizsla Silver shot up by 12.0% during the morning session, trading at a near 52-week high of $2.76 apiece.

    “This update reflects the excellent mineralized continuity that exists at Copala. Reducing the space between drill holes at Copala to 25 metres has resulted in a significantly higher-grade profile in the upper levels of the resource and PEA mine plan,” Vizsla CEO Michael Konnert said in a statement.

    Source – Mining.com

    More Info!

    Vizsla Resources expands Napoleon with multiple high-grade intercepts at Panuco project, Mexico

    News on this topic from October 2020.

    Vizsla President and CEO, Michael Konnert, commented: “Recent drilling continues to grow the Napoleon discovery area where the best new intercepts are from the deepest holes completed.  Mineralization has been extended to the south over 50m and is completely open at depth.  The broad intercepts in NP-20-25 and NP-20-27 as well as the internal high-grade veins increase the possibility of both open pit and underground mining scenarios.  The Company’s aggressive exploration program is targeting three vein corridors in the district and it is exciting to see the benefit of systematic drilling around our multiple discoveries, particularly the addition of significantly more mineralization at Napoleon.”

    Source – Junior Mining Network

  • / /

    Gold and Silver up, weak dollar

    ByVictoria
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    Spot gold gained 0.8% to $3,340.53 an ounce as of 0300 GMT, after hitting its highest level since May 9.

    U.S. gold futures rose 0.9% to $3,341.90.

    “Gold’s bullish reversal is supported by a weaker U.S. dollar and lingering stagflation risks in the U.S. economy,” said Kelvin Wong, senior market analyst, Asia Pacific at OANDA.

    Spot silver rose 0.5% to $33.54 an ounce, platinum gained 0.1% to $1,077.33 and palladium lost 0.6% to $1,031.46.

    Source – Reuters

  • /

    Gold close to reaching $3000

    ByVictoria
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    It appears that the Federal Reserve is on hold when it comes to moving interest rates until midyear, said Peter Grant, vice president and senior metals strategist at Zaner Metals. But “most of the other major central banks remain in easing mode, providing an additional tailwind for gold.” Ongoing trade and geopolitical uncertainty suggest upside potential to the psychologically important $3,000 level, he said.

    Source – Market Watch

  • / /

    Gold falls .4%

    ByVictoria
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    Spot gold lost 0.4% to $3,222.49 an ounce, as of 0852 GMT. Bullion hit a record high of $3,245.42 earlier in the day.

    “Market sentiment has improved a bit this morning after President Trump excluded electronics and smartphones from US tariffs. This has partly caused a dip in gold prices, likely due to profit-taking,” said Zain Vawda, an analyst at MarketPulse by OANDA.

    Spot silver was steady at $32.27 an ounce, while platinum added 1% to $952.10. Palladium gained 2.2% to $935.38.

    Source – Reuters

  • / /

    Gold and Silver fell 1%

    ByVictoria
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    Gold fell over 1% on Tuesday after hitting a near four-week high, pressured by a firmer dollar as investors grew cautious ahead of a potential call between U.S. President Donald Trump and Chinese leader Xi Jinping.

    Spot gold fell 1.1% to $3,340.79 an ounce as of 10:21 a.m. ET (1421 GMT), after hitting its highest since May 8, earlier in the session.

    “We are moving into this period that is well known to be the summer doldrums, so there’s an expectation that the gold market could fall into a bit of a lull or a sideways consolidation,” said David Meger, director of metals trading at High Ridge Futures.

    “I believe the Fed is ready to begin to cut rates again, but more than likely not until September…that is another factor likely to weigh on the dollar and support gold,” Meger added.

    Spot silver fell 1.2% to $34.37 an ounce

    Platinum lost 0.4% to $1,059.32, while palladium was up 1.4% at $1,003.10.

    Source – Reuters

  • Harlan J. Berk, Ltd. (Chicago, IL)

    ByVictoria
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    Founding Member Spotlight: Harlan J. Berk, Ltd.
    I’m excited to feature Harlan J. Berk, Ltd. of Chicago as a Founding Member of the Victorias Coin National Gold & Silver Dealer Directory.
    With more than 50 years of expertise, HJB offers a full range of numismatic services, including:

    • Library & Research Center
    • Consultation and curator services
    • Professional auction representation
    • Personal catalog building
      Their team of experts brings decades of experience to collectors, investors, and institutions.
      📍 Chicago, Illinois
      ✔️ Verified March 2026
      🏛️ Trusted industry authority
      🪙 Specialists in ancient and rare coins
      Visit their Chicago location or explore their auctions online.

    If you’d like to visit their listing please visit the Illinois page and give them a call today or if you’re in the area head on over and meet the team.

    -V.