Good Reads
You’re Stuck at 3%
A copper mine can die long before the first tonne comes out of the ground, with the deposit still in place and the demand still growing. Simply because the money to build it got too expensive. A company with an operating mine and little debt keeps producing through a rate shock. Its competitor, with a richer deposit and no financing, waits. Both own copper, and only one of them can sell it. Read on »
First American Eagle Coins Released 40 Years Ago
Noteworthy anniversaries are approaching for numismatists, and gold and silver proponents. Forty years ago this coming week, Americans could buy newly minted U.S. gold coins for the first time in over 50 years. The American Gold Eagle coin was released on Oct. 20, 1986, marking the first gold coins produced by the U.S. Mint since the Great Depression. Read on »
US Project Vault readies $1B loan blitz for industry
The US government-backed Project Vault is preparing to issue up to $1 billion in loans to American manufacturers seeking critical minerals, advancing Washington’s efforts to shield domestic industry from supply disruptions. Read on »
Community News
Gold price hits $4,154/oz after retail sales rise 0.8% in September Link>>
The number of Americans filing for jobless aid remain at historically low levels below 200,000 Link>>
Inflation's Pain: Financial Stress at Levels Not Seen Since the Pandemic Link>>
Canada’s new foreign investment rules: What critical minerals miners need to know Link>>
Rising Rates Threaten Wall Street’s Golden Goose in Trading Link>>