Investing

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Global Coin Announces Exclusive 2025 1oz Gold Eagles

ByVictoria
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Global Coin offers the 2025 1oz Gold Eagle in flawless NGC MS70 condition at dealer cost, including shipping and taxes. Early buyers receive a free 2025 Silver Eagle. Backed by an ironclad 30-day return policy, this exclusive promotion ends January 31, 2025.

To mark this special occasion, Global Coin is offering the Gold Eagle in flawless NGC MS70 condition for the dealer cost of $2,790, including shipping and taxes, through the end of January.

Promotion Details:

  • Duration: Offer valid through January 31, 2025, or while supplies last.
  • Bonus: A free 2025 Silver Eagle for the first 100 Gold Eagle buyers.
  • Quality: All coins are certified in flawless Mint State 70 condition, representing the highest standards of coin grading.
  • Shipping & Taxes: Included in the purchase price for seamless transactions.

Source – Business Insider / Markets Insider

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Copper edges higher, tariff worries investors

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“The market is really trying to understand how aggressive these potential tariffs could be and I think the problem is no one really knows the answer,” said Nitesh Shah, commodity strategist at WisdomTree.

Alastair Munro, senior base metals analyst at Marex, said copper found some support from contrarian buying from some Commodity Trade Advisor (CTA) investment funds, which are largely driven by computer programs.

Source – Reuters / Live Mint

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Gold ETF AUMs Surged 26% In 2024, Says World Gold Council

ByVictoria
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Total assets under management (AUMs) in gold-based exchange-traded funds (ETFs) hit record highs of $271 billion in 2024, according to the World Gold Council (WGC).

This represented a 26% year-on-year increase and was driven by a soaring bullion price.

The yellow metal hit new all-time highs on 40 occasions last year, the WGC noted. Over the whole year, gold appreciated 26% in value to around $2,629 per ounce.

Source – Forbes

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Gold rose but weaker than expected: December report

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Spot gold rose 0.5% to $2,663.79 per ounce, as of 9:55 a.m. ET (1455 GMT) and hit its highest since Dec. 13. U.S. gold futures gained 0.5% to $2,679.70.

Weaker private payrolls “is contributing to gold’s move, because ultimately, weaker employment numbers imply that the economy has been weaker than many had expected,” said Bart Melek, head of commodity strategies at TD Securities.

“The bigger factor will be U.S. nonfarm payrolls on Friday, the market is expecting a change of 163 (thousand); anything significantly above that will be negative for gold,” Melek said.

Source – Reuters

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Marine Corps minted coins honoring 250th anniversary

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The coins are available in gold, silver and clad metals and can be purchased individually or as a set. The $5 gold coin depicts the Marine Corps Color Guard; the $1 silver coin shows the flag raising at Iwo Jima; and the half-dollar clad coin features two Marines, one wearing the continental uniform of 1775 with a musket, and the other in modern-day camouflage uniform holding an M4 service rifle.

Source – Stars and Stripes

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Vizsla Silver shares surge on resource

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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

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US Copper’s updated PEA estimates NPV over $1 billion

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Moonlight – Superior project in California

The study envisions a mine life of 14 years, producing 903,000 tonnes of copper, plus 12 million oz. of silver and 63,000 oz. of gold. A majority of the production will come from mining the sulfide mineralization at Moonlight-Superior.

US Copper CEO Stephen Dunn said the PEA, which a culmination of several years of planning, drilling, metallurgical testing and engineering studies, confirms “substantial economic opportunity” at current copper prices that can be realized through the development of a series of open pit mines on the property.

PEA – preliminary economic assessment

NPV – Net Present Value

Source – Mining.com

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Gold prices fall as yield rises

ByVictoria
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Spot gold fell 0.2% to $2,634.52 per ounce by 2:27 a.m. ET (1927 GMT). U.S. gold futures settled 0.3% lower at $2,647.40.

“Bond yields are back up again, placing pressure on gold,” said Nitesh Shah, commodity strategist at WisdomTree.

“There’s speculation that Trump is going to pull back on tariffs … If (the prices of) commodities go up, inflation’s going to remain higher for longer,” Phillip Streible, chief market strategist at Blue Line Futures, said.

Source – Reuters

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Robert Kiyosaki predicts colossal market crash

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“GIANT MARKET CRASH here. Q: How can I be so bullish on gold, silver, and Bitcoin? A: Because the idiots running the Fed, Treasury, Banks, and Wall Street only know how to print money, which makes things worse. FYI: When fake money is printed the rich, who own real assets get richer…. while the poor and middle class, who save fake money, get poorer due to inflation and taxes. Let inflation make you richer, not poorer. Save gold, silver, and Bitcoin. Take care. Crash is here,” Kiyosaki wrote

Source – Benzinga

Robert Kiyosaki is an American businessman and author of ‘Rich Dad, Poor Dad’ and other personal finance books.