Got Gold Report: Vulture In Review

Vulture In Review

Thursday, June 13, 2013

U.S. Mint June Silver Coin Sales At 4,651,429 Ounces – Record 2013 Likely

Mark O’Byrne writes: Silver continues to perform very poorly and is down 28% year to date to make it one of the worst performing commodities in the world and on track for its worst performance since 1984. At the end of 2012, investors expected silver to be one of the biggest gainers in 2013, expecting a 33% return, a Bloomberg survey showed. Analysts expected silver to surge because either turmoil would boost demand for precious metals as a protection against inflation and currency debasement or accelerating growth would spur more industrial buying for everything from solar panels to batteries. Total Known Silver ETF

Continue reading "U.S. Mint June Silver Coin Sales At 4,651,429 Ounces – Record 2013 Likely" »

GoldQuest Reports 28.5 m Grading 10.1 g/t Gold (Uncut) at La Escandalosa from In-Fill Drilling

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 13, 2013) - GoldQuest Mining Corp. (TSX VENTURE:GQC)(FRANKFURT:M1W)(BERLIN:M1W) (GoldQuest or the Company) announces assay results from three in-fill drill holes at La Escandalosa on the Companys 100% owned Las Tres Palmas trend in the Dominican Republic.

Continue reading "GoldQuest Reports 28.5 m Grading 10.1 g/t Gold (Uncut) at La Escandalosa from In-Fill Drilling" »

Wednesday, June 12, 2013

More evidence that Thomson Reuters data may be leaking out earlier than it’s meant to

Simone Foxman writes: High-frequency traders have a distinct advantage in the way Thomson Reuters distributes its University of Michigan Consumer Sentiment Index, a monthly report compiled by Thomson Reuters and the university.In court documents filed last week, the data provider revealed that it distributes data to “‘ultra-low latency’ subscribers” at 9:54:58 AM ET. That’s a full two seconds before most of its subscribers get access to the data at 9:55:00. Non-subscribers are supposed to get access to the data at 10:00:00 AM ET, but the data is widely shared well before then.

Continue reading "More evidence that Thomson Reuters data may be leaking out earlier than it’s meant to" »

Xtra-Gold Reports Trench and Channel Sampling Results From Zone 5 Gold Corridor and Initial IP Ground-Proofing Results of High Priority Gold Targets

TORONTO, June 12, 2013 (GLOBE NEWSWIRE) -- Xtra-Gold Resources Corp. (Xtra-Gold or the Company) (TSX:XTG) (OTCBB:XTGRF), is very pleased to announce additional trench and channel sampling results from the Zone 5 Gold Corridor, as well as initial ground-proofing results of high priority gold targets recently defined by the Induced Polarization / Resistivity survey (IP Survey), on the Companys wholly-owned Kibi Gold Project, located in the Kibi – Winneba greenstone belt (the Kibi Gold Belt), in Ghana, West Africa.

Continue reading "Xtra-Gold Reports Trench and Channel Sampling Results From Zone 5 Gold Corridor and Initial IP Ground-Proofing Results of High Priority Gold Targets" »

This Tiny Nation Could Be a Gold Trading Hub

Catering to the Gold Bugs Mark Smallwood, Head of Wealth Planning at Deutsche Asset Wealth Management, APAC, describes the demand for services at its recently-launched gold vault in Singapore. The tiny Southeast Asian city-state Singapore has transformed itself into one of the worlds top financial hubs and has now set its sights on turning the wealthy island into a gold bullion center.

Continue reading "This Tiny Nation Could Be a Gold Trading Hub" »

"The Individual vs. The Collective"

Interview with an extraordinary filmmaker and author, whose best-known for his book on the American Monetary system, which ranks in the top 50 non-fiction books on Amazon. G. Edward Griffin will share his wisdom, and summarize his experience, from more than 40 years of research, focusing on the struggle of the Individual vs. the Collective.

Continue reading ""The Individual vs. The Collective" " »

CONSTANTINE COMMENCES DRILLING ON THE PALMER VMS PROJECT, ALASKA $3.0 MILLION BUDGET FOR 2013

Vancouver, BC – Constantine Metal Resources Ltd. (TSX Venture – CEM) (Constantine or the Company) is pleased to announce it has commenced a 4000 meter drilling program on its Palmer VMS Project, Alaska (“Palmer” or “Project”). The drill program is part of a $3.0 million budget for 2013 that includes a cash payment of $500,000, funded by Dowa Metals Mining Co., Ltd. of Japan (“Dowa”).

Continue reading "CONSTANTINE COMMENCES DRILLING ON THE PALMER VMS PROJECT, ALASKA $3.0 MILLION BUDGET FOR 2013" »

Banks Rig $4.7 Trillion A Day Currency Markets To Profit Off Clients

Mark O’Byrne, GoldCore writes: Gold prices are mixed today and while flat in US dollars are lower in Aussie dollars and higher in Japanese yen which has taken another pummelling on foreign exchange markets. The world’s biggest banks have been manipulating benchmark foreign-exchange rates used to set the value of trillions of dollars of investments, according to a Bloomberg investigation.

Continue reading "Banks Rig $4.7 Trillion A Day Currency Markets To Profit Off Clients" »

Tuesday, June 11, 2013

Platinum: ETF Demand Points to a Price Increase

David Franklin and David Baker, Sprotts Thoughts write: Despite a seemingly slam-dunk supply/demand imbalance, platinums spot price has bounced around in a trading range between $1,400/oz and $1,730/oz. More recently it has come back down to test the bottom end of that range, but current developments in the ETF space suggest that the platinum price may be set to improve significantly in the coming months.

Continue reading "Platinum: ETF Demand Points to a Price Increase" »

Endeavour Silver Drill Program Continues to Intersect High Grade Silver-Gold Mineralization on the San Sebastian Property in Jalisco State, Mexico

Vancouver, Canada – June 11, 2013 - Endeavour Silver Corp. (NYSE: EXK, TSX: EDR) announces that exploration drilling on the San Sebastian property in Jalisco State, Mexico continues to intersect high grade silver-gold mineralization over thick intervals along a 900 metre (m) long by 300 m deep portion of the more than three kilometre (km) long Terronera vein, still open for expansion.

Continue reading "Endeavour Silver Drill Program Continues to Intersect High Grade Silver-Gold Mineralization on the San Sebastian Property in Jalisco State, Mexico" »

Precipitate Advances to Final Stages of Concession Application Process in Dominican Republic; Next Phase Exploration Planning Underway

Vancouver, B.C. - June 11, 2013 - Precipitate Gold Corp. (the Company or Precipitate) (TSXV: PRG) is pleased to announce it has advanced to an important stage in the process to attain its concession grant for the Juan de Herrera concession application in the Tireo belt of the Dominican Republic.

Continue reading "Precipitate Advances to Final Stages of Concession Application Process in Dominican Republic; Next Phase Exploration Planning Underway" »

Pretium Resources Inc.: Positive Feasibility Study Completed for Brucejack High-Grade Gold Project

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 11, 2013) - Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) (Pretivm) is pleased to announce a positive National Instrument 43-101-compliant Feasibility Study for the high-grade gold and silver resources identified to date at its 100%-owned Brucejack Project (Brucejack or the Project) in northern British Columbia.

Continue reading "Pretium Resources Inc.: Positive Feasibility Study Completed for Brucejack High-Grade Gold Project" »

Monday, June 10, 2013

Latest GGR Video to be Published in the Public Domain Soon

HOUSTON -- One of our esteemed colleagues, a close friend we have a great deal of respect for, has requested that we publish our latest Got Gold Report video update on the June 7 CFTC commitments of traders (COT) report for gold in the public domain. Got Gold Report subscribers received the first cut of new report Sunday evening.

Continue reading "Latest GGR Video to be Published in the Public Domain Soon " »

Rickards - Roubini Doesn't Understand Gold

Kitcos Daniela Cambone talks with Jim Rickards, author of Currency Wars, The Making of the Next Global Crisis, about Nouiel Roubinis recent call for gold to fall to $1,000 an ounce in this brief, but worthy video interview. Rickards and Cambone do a point-counterpoint review of Roubinis 6-point market call after Rickards notes that Roubini has consistently gotten the gold story wrong. If you go back and google Roubinis comments from 2009 and you will see that he was consistently wrong, Rickards says. I did see (Roubinis) latest prognostication ... but I saw no reason to give it any more credence than all

Continue reading "Rickards - Roubini Doesn't Understand Gold " »

Brian Booth's Weekly Gold Report June 10, 2013

Last week provided some decent volatility in major marketsacross the board. Currencies were on the front burner after Europe kept ratesunchanged at the ECB monthly policy meeting, and the United States Non FarmPayrolls closed out the week with somewhat of a lame number. While more jobswere created than expected, the unemployment rate did rise by a tenth of apercent.

Continue reading "Brian Booth's Weekly Gold Report June 10, 2013" »