In Gold There Is Truth | Since 1995, President of https://xitter.cf/t.co/m2pGqAgHio @GoldSeekcom ⚒ https://xitter.cf/t.co/GKUACW2nF2 @SilverSeekcom ⚒ Gold + Silver Maximalist
Prague, Czech Republic
Joined October 2010
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The myth that the Middle East is dumping gold because of the wars…
The Central Bank of Jordan increased its #gold reserves by 4 tonnes in September, helping to lift YTD net purchases to 7 tonnes. Its total gold holdings how amount to just under 80 tonnes - a new record high.
Gold market and central banks: Russia and Kazakhstan sell as Poland and China buy
"When it comes to gold, I wouldn't assume it will ever be cheaper. However, buying it delivers reliable profits only over the long term."
Property rights are coming back to BC!
This is 100% a result of land title issues. You simply can’t have a functional democracy without property rights. Reconciliation needs to be about uplifting Native communities, not stealing houses from tax-paying citizens. Plenty of programs can further reconciliation (scholarships, special business loans, increased medical infrastructure, better schools) without confiscating property.
No wonder the “conservatives” won in British Columbia yesterday!
I was just sharing this from a few weeks ago. My sample size was all from Vancouver btw…
Things are so stagnant and difficult in Canada that the immigrants I speak with all want to leave to the USA.
My sample size is about ten taxi and Uber drivers in Vancouver over two years. Not one wanted to be there anymore. They talk about a long time ago when it was possible to be comfortable there, none had positives now.
The lost decade in Canada occurred before Trump adds to the pressures.
Canadians are not content. But somehow the same group of failures are in office still.
After the Gold window closed, the DOW rallied 4% !!
....
A promise underpinning the international monetary system was being withdrawn, and Dalio arrived at work the following morning expecting shares to fall. The Dow rose almost 4%, giving him an early lesson in how little an apparently reasonable conclusion could tell him about what markets would actually do...
What Ray Dalio Learnt When Money Changed
By David Russell
In August 1971, Ray Dalio was working as a clerk on the New York Stock Exchange when President Nixon announced that the United States would suspend the conversion of dollars into gold for foreign official holders...
goldseek.com/article/what-ra…
Peter Spina ⚒ GoldSeek | SilverSeek retweeted
Totally rational. Helium, among Hydrogen, has been a critical material for billions of years. Ask the Sun. #Energy #Strategic
US Department of Energy names helium to critical materials list mining.com/us-department-of-…
It’s about the state TV license-tax issue. Stop sensationalizing something that is rather minor!
And my office for several years was right next to parliament. I’ve seen many protests. My favorite was during Covid vaccine mandate discussions, the crowd built a guillotine for those who wanted to vote incorrectly.
I haven’t invested into a BC mining project for nearly a decade. I am almost out of all Canadian mining investments.
Maybe the tide is indeed turning and time to again get focused on BC?
After the @Conservative_BC landslide victory @LDoerkson just gave the most pro resource speech I think I’ve ever heard in this province. LFG
A rejection of socialism…
Five weeks ago the BC Conservatives were written off. Tonight British Columbians handed them a majority government.
Make no mistake about what this is: a rejection of socialism. A decade of the NDP taxing what works, blocking what builds and spending what we don’t have — and treating the people who mine, log, drill and farm as a problem to be managed.
Prosperity doesn’t come from Victoria. It comes from free people, private capital and a government that gets out of the way. Tonight BC chose that.
Congratulations to @LDoerkson and @Conservative_BC. Now go undo the damage. #BCElection #BCPoli
They found a way to make radioactive gold at $1/2 billion dollars an ounce…
Lab yield: Claimed 10× CERN’s ~29-picogram total (2015–2018); no mass, purity, or rate details released—only gamma spectra.
• Projected yield: Simulations (2025 paper) show ~2 tonnes/year per GW thermal (~5,000 kg/GW electricity); requires hundreds of tonnes of enriched Hg-198.
• Timeline: Lab claim (Sept 2026) only; commercial tonnes need GW-scale fusion plants (earliest 2030s); gold needs 6–17+ years cooling for radioactivity.
• Costs: None disclosed for demo or process; paper models revenue (could roughly double plant income) but not full costs; plant CapEx (~$3B) plus enrichment/storage dominate.
• Verification: Unverified—no independent data or peer review of experiment; physics is known and spectra are consistent, so basic production is plausible, but scale and economics remain unproven.
Gold is absolutely scarce at these prices!
99%+ of gold supplies on earth remain below ground. In the core of the earth.
There are asteroids with gold. There are fusion reactors who can produce this now too.
But gold is scarce because there are limits to what can be obtained.
The core of the earth is impossible to get to. The asteroid fantasies are hundreds or thousands of years away. If even possible today, the propulsion systems do not exist, it would cost billions per ounce.
As far as the fantasy below goes? This is far away in the future with current estimated costs near $1/2 billion per ounce.
Gold remains a scarce commodity. Precious money. Nothing will change in our lifetimes.
🔥 INDIA REMOVES SILVER IMPORT BAN, PERMITS 209 MILLION TROY OUNCES OF SILVER IMPORTS OVER NEXT 6-MONTHS
After nearly restricting all silver imports mid-May, India has seen large premiums over spot price as domestic supplies remain tight.
Premiums for silver have collapsed from nearly $2.50/ounce last week to 45 cents on Thursday.
The 15% import tax on Silver remains, raised from 6% in mid-May as India tries to support the Rupee.
$3,999.9 Gold
Looks tasty under $4,000/ounce to buyers.
Same with silver.
Long term, at these prices, you can’t go wrong in my book.
Silver North Hits More High Grade Silver in the Historic Keno Hill District, More Results Pending
The first batch of drill results for 2026's drill season have been released and the Main Fault continues to deliver strong silver grades over wide intersections, rivaling last year's best ever drill hole.
The President and CEO of Silver North joins us to give us more insights into these first results and more about the additional 21 drill hole results pending. 14 more from the Main Zone, 4 at the Bighorn target along with 3 more exploratory.
Well financed through 2027's drilling season, watch to learn more about the growing size of a developing silver resource adjacent to Hecla's Keno Hill mine.
Canada: $SNAG.v | US: $TARSF
Consolidation lows in a secular bull market comes with some of the worst sentiment. The herd will not be convinced the bull will return, the banks will downgrade their forecasts, analysts will be calling for the end of this bull market.
We are essentially at this point. Gold and silver can easily market their lows at any moment here and 99% of investors will not see or believe it.
But they will happily buy at much higher prices once the psychology-sentiment favors the safety of herd mentality.
Gold prices dip briefly below $4K
We continue to finish out our consolidation phase after the huge run-up peaking earlier this year. Sentiment is rather sour, getting closer and closer to flushing out all the last weak hands.
Next week FOMC, with many uncertainties around the war in the Middle East continuing…
Rates down, Gold down?
$USDX didn’t rally. War drums beating.
The sell-off is a buying opportunity as the consolidation phase will soon make these gold and silver prices look like a bargain.
… but most will be more willing to buy gold $5K than at $4K