Silver Stock Levels Show Limited Price Impact, Study Finds
Above-ground silver stocks show little correlation with price movements despite reaching 19.3 billion ounces in 2023, equivalent to 16 times annual demand, according to a new report from The Silver Institute. The study, conducted by Precious Metals Insights, reveals that government silver holdings have fallen below 100 million ounces, down dramatically from the 1960-1970 period […]
Bad Credit? This Company Says Your Car Could Be Your Credit Card
Yendo, a fintech startup that raised $165 million in funding last year, is offering a credit card program targeting customers with poor credit scores, requiring borrowers to put their vehicles up as collateral. Founded in 2021 by Jordan Miller, George Utkov, and Daniel Ashy, Yendo claims to have saved customers over $50 million in interest […]
“Conception Begins at Erection”: US State Bill Will Fine Men Who Misfire Without Intent to Conceive
A new legislative proposal in Ohio is poised to fine men up to $10,000 for ejaculating without intending to conceive a child. The bill, introduced by Democratic House Representative Anita Somani, takes aim at men’s reproductive choices in a manner intended to mirror the restrictions many states have placed on women’s reproductive health. Somani, stressing […]
SSR Mining Q4 Earnings: Losing Money At Record Highs
The mid tier producers have begun to report their fourth quarter financial results and despite multi-billion dollar market caps, well, few people seem to actually care. At least on social media. Trading is another story, and as it currently sits, the latest to report is down following their earnings release. Because they failed to reach […]
Sandstorm Gold Q4 Earnings: Not The Best of The Bunch
The first royalty name of this earnings cycle has reported its fourth quarter results and quite frankly, the results are a bit disappointing given the current gold environment. Revenue is down on an annual basis, production is down, and cash flows are down. But hey, at least they hit revised guidance. They can’t all be […]
Defense Metals: The Rare Earth Project Pre Feasibility Study
When it comes to rare earths, as far as the Canadian capital markets go, there has been a lot of “flash in the pans” – aka quick pump and dumps – that have worked to extract investor capital to fund many a lifestyle. But before the space got all hot and bothered, there was a […]
Hudbay Minerals Q4 Earnings: Production Up, Guidance Down
It seems this is just not the week for mining issuers that are reporting their fourth quarter earnings. HudBay Minerals (TSX: HBM) is the latest to disappoint, with the equity down as much as 16% in mid-day trading following the release of their Q4 earnings. Why the crash? Lets dive in. Not a recommendation to […]
Brazil Potash: The Next Major Potash Producer?
There’s a major shake-up coming to the potash sector. And this time, it’s not coming out of Saskatchewan. A new empire is being built in this major industry. And it’s being built in a region that imports 98% of its potash needs, despite being the number one global exporter of agricultural products.
Can DOGE Make the $5000 Rebates Happen?
Department of Government Efficiency chief Elon Musk said Tuesday that he will discuss potential taxpayer rebates with President Donald Trump. Musk responded to a social media proposal for $5,000 payments to eligible households. Azoria investment firm CEO James Fishback proposed the plan, saying, “We wanted to help make DOGE real for millions of Americans. They […]
Is It Time To Audit Fort Knox?
Calls for a new audit of Fort Knox have surged in recent weeks, reviving a decades-long debate over transparency fueled by a growing demand for proof of the nation’s vast gold reserves that were last publicly inspected nearly half a century ago. Despite official statements claiming Fort Knox holds roughly 5,000 tons of gold—valued at […]