⛏ Barrick to Explore IPO of North American Gold Assets

Silver Hits Record High with 100% Price Increase This Year, Far Outpacing Gold
The price of silver rose to an all-time high on Monday, boosted by tight supply and expectations for future interest rate cuts. Silver futures rose more than 3% to surpass $59 per troy ounce for the first time today, extending a run that saw the precious metal close at a record last Friday. With Monday’s gains, silver prices have doubled since the start of the year, outpacing gold, which is up about 60% year-to-date. Read on »

Feds Run Biggest October Budget Deficit Ever Despite Record Tariff Revenue
The Federal government took in a record amount of tariff revenue in October. It also ran the highest October budget deficit on record. The Trump administration spent $284.35 billion more than it took in to kick off fiscal 2026. That was about 10 percent higher than last year's October deficit and about $200 million more than the previous October record set in 2020 during the pandemic lockdown era. Read on »

Barrick Mining to Explore IPO of North American Gold Assets
The proposed offshoot would bundle Barrick’s interest in Nevada Gold Mines, the world’s largest gold-producing complex; its stake in the Pueblo Viejo mine in the Dominican Republic; and Fourmile, a wholly-owned Nevada deposit that Barrick hails as one of the most significant gold discoveries of this century. The company would float only a small minority stake, preserving a controlling majority. Read on »