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Heavy Gold and Silver Shorting is Bullish

Gold and silver have been pounded lower over the past month, contrary to their bullish seasonals.  This selling pressure has come from the usual suspects, American futures speculators.  They’ve been busy aggressively dumping gold and silver futures, particularly on the short side.  But each time they pressed this bet in the past 15 months, gold […]
 

Premier Gold Drills 3.01 Grams per Tonne of Gold Across 37.5 Meters

Premier Gold Mines (TSX:PG) provided an update on the current drill program at its wholly owned Hardrock Project in Geraldton Ontario. To date, 9,100 metres and 26 drillholes, making up 25 percent of the planned program has been completed.
 

Bill Motto: A Memoriam

by Douglas Winter  - RareGoldcoins.com CoinWeek Content Partner………. A good guy passed away yesterday and I’d like to share some thoughts about him. William “Bill” Motto was the CEO of a major Midwestern company, but I knew him as an advanced collector of United States gold coins. I really got to know Bill around four or five years […]

The post Bill Motto: A Memoriam appeared first on CoinWeek.

 

AngloGold Ashanti Aborts Spin Off Plan

AngloGold Ashanti Ltd. (NYSE:AU) announced that it has decided not to move forward with the restructuring and capital raising it announced last week.
 

Roxgold Intercepts 39.6 g/t Gold over 4.54 Meters, Discovers New Structure

Roxgold Inc. (TSXV:ROG) reported the results from its most recently completed exploration program at Yaramoko's prospective Bagassi South Zone.