The GraveYard Shift

[JD400]

*Morning Metals Roundup on the M+M*
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J:D's Morning Line Track Conditions: Heavy 8

Heavy 8 Soft track, just into Heavy range

Dollar support and bond yields
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Gold (US$/oz) +14.80 (0.86%) 1,743.95
Silver (US$/oz) -0.25 (0.99%) 24.95
Copper (US$/lb) -0.02 (0.49%) 4.08
Platinum (US$/oz) -5.35 (0.43%) 1,237.40
Palladium (US$/oz) -43.00 (1.61%) 2,632.00
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MARKET MOVERS

Company Change Last Trade

Franco-Nevada 2.08 1.27 $165.76

Wheaton Precious Metals 1.68 3.34 $52.03

Pan American Silver 1.68 4.28 $40.95

MAG Silver 1.21 6.09 $21.08

Abitibi Royalties 1.07 4.70 $23.86

First Majestic Silver 1.00 4.92 $21.33

Agnico Eagle Mines 1.00 1.33 $76.18

First Quantum Minerals 0.98 3.71 $27.42

Seabridge Gold 0.77 3.71 $21.52

Torex Gold Resources 0.58 3.46 $17.36

Osisko Gold Royalties 0.55 3.84 $14.87

Altius Minerals 0.53 3.47 $15.82

Fortuna Silver Mines 0.51 6.04 $8.95

SSR Mining 0.51 2.68 $19.53

Gatos Silver 0.50 3.88 $13.40
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HIGH VOLUME

Company Volume Last Trade

Aurelius Minerals 11,172,941 $0.06

Stria Lithium 10,955,138 $0.06

Uranium Energy 10,910,523 $3.17

NextSource Materials 5,697,422 $0.39

Kinross Gold 4,514,834 $9.13

Denison Mines 3,557,601 $1.55

Rusoro Mining 2,797,320 $0.07

HudBay Minerals 2,472,892 $9.94

Equinox Gold 2,460,078 $10.83

Ivanhoe Mines 2,373,691 $7.23

NexGen Energy 2,128,946 $5.35

New Gold 2,128,399 $2.22

Gratomic Inc. 1,935,139 $1.43

Fission Uranium 1,775,451 $0.63

Trigon Metals 1,741,353 $0.25
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FINANCINGS

GR Silver Mining Announces $8 Million Bought Deal Financing

Prime Mining Corp. Announces C$25 Million Bought Deal Private Placement Financing

Sokoman Minerals Closes C$5.52 Million Non-Brokered Private Placement Led by Eric Sprott

Capitan Mining Announces Non-Brokered C$3,200,000 Private Placement

Kestrel Gold Inc. Announces Proposed Private Placement

Braveheart Resources Closes $600,000 Flow-Through Financing

Arizona Metals Corp Announces $15 Million Bought Deal Private Placement and Increases Kay
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EARNINGS / PRODUCTION RESULTS

Trilogy Metals Reports First Quarter Fiscal 2021 Financial Results

GoGold Resources: Parral Reports Ninth Consecutive Quarter of Positive Cash Flow

Ivanhoe Mines: Kamoa-Kakula Shatters Previous Production Records, Mining 400,000

Victoria Gold: Eagle Gold Mine Q1 2021 Operational Highlights

Majestic Gold Corp. Reports 2020 Annual Results for Songjiagou Gold Mine

Telson Mining Reports Campo Morado Q1 2021 Production

Ivanhoe Mines: Kamoa-Kakula Mines and Stockpiles a Record Number of Tonnes of Copper
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PROJECT ACQUISITIONS

Surge Copper Acquires Strategic Land Position at Berg Project

Musk Metals Acquires the Pakeagama Lithium Claims in the “Electric Avenue” Pegmatite

Vanstar Mining Resources Acquires Additional Claims at Eva Project Based on Mag

Blackrock Silver Acquires Strategic Claim Block at Tonopah West

EMX Royalty Corp. Acquires Mo-i-Rana Polymetallic VMS District in Norway
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FEASIBILITY / PEAS / RESOURCES

Osisko Mining Delivers Positive PEA Update for Windfall (39.3% After-Tax IRR and C$1.5

Skeena Resources Announces 5.3 Moz at 4.3 g/t AuEq Measured and Indicated Resources

Hudbay Minerals Announces Positive Preliminary Economic Assessment for its Mason Copper

Liberty Gold Announces Maiden Resource Estimates for Five Gold and Copper Deposits

Novo Resources: Preliminary Economic Assessment - Beatons Creek Conglomerate Gold

First Majestic Silver Files Updated Technical Reports, 2020 Mineral Reserve and Mineral

OceanaGold Reports Mineral Resource and Reserve for the Year-Ended 2020
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MERGERS / ACQUISITIONS / JVS

QMX Gold Corporation Obtains Final Order Approving Arrangement With Eldorado Gold

Victory Metals and Nevada King Mining Announce Shareholder Approvals of Plan

Namibia Critical Metals Inc. - JOGMEC Elects to Move to Term 2 of Joint Venture Agreement

Troilus Gold to Acquire UrbanGold Minerals in All-Share Transaction

QMX Gold Shareholders Overwhelmingly Approve Proposed Arrangement With Eldorado Gold
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PERMITTING

Torex Gold Resources Granted Key Environmental Permit Amendment for Media Luna Project

Northern Dynasty Minerals: Pebble Partnership Urges New Us Environmental Protection

Majestic Gold: Songjiagou North Underground Mining License Renewed and Update

South Star Mining Announces Environmental Permitting Update for 25,000 tpy Phase 2

Ur-Energy Receives Approval of License Amendment for Lost Creek Expansion
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PRECIOUS-Gold falls on swift economic recovery hopes; Fed minutes eyed

By Sumita Layek



* U.S. Fed meeting minutes due at 1800 GMT

* U.S. job openings rose to 2-year high in February

* Euro zone business activity returns to growth in March



April 7 (Reuters) - Gold prices fell on Wednesday as robust
economic data from the United States lifted expectations of a
rapid recovery and dampened bullion's appeal, while investors
were waiting for minutes from the Federal Reserve's last policy
meeting.
Spot gold was down 0.4% to $1,737.09 per ounce by
0946 GMT. U.S. gold futures slipped 0.3% to $1,737.70 per
ounce.
Strong U.S. economic data is raising fears that central bank
tapering can arrive sooner than expected, said ActivTrades chief
analyst Carlo Alberto De Casa.
Expectations are rising that accelerating U.S. economic
growth and inflation could force the Fed to abandon its pledge
to keep interest rates near zero until 2024.
Non-yielding gold is highly sensitive to rising rates, as
they raise the opportunity cost of holding the bullion and
support dollar and bond yields.
Market participants are waiting for the release of minutes
from the U.S. Federal Reserve's March 16-17 policy meeting at
1800 GMT.
Data on Tuesday showed U.S. job openings rose to a two-year
high in February while hiring picked up on strengthening
domestic demand amid increased COVID-19 vaccinations and
additional pandemic aid from the government.

Euro zone business activity also returned to growth last
month, underpinned by a record expansion in the manufacturing
sector.
The International Monetary Fund, meanwhile, raised its
outlook for global economic growth. nL1N2LZ22A]
However, safe-haven gold can still remain supported as
"things are not so good in Europe. Vaccinations are well behind
and are progressing very slowly and we are still in midst of a
third (coronavirus) wave," said Commerzbank analyst Carsten
Fritsch.
Central banks across the globe, in particular the European
Central Bank and the Federal Reserve, want to see higher growth
and inflation numbers before they think about changing monetary
policy, he added.
Among other precious metals, silver fell 0.9% to
$24.95 per ounce and palladium fell 1.5% to $2,643.49,
while platinum was steady at $1,233.04.

(Reporting by Sumita Layek in Bengaluru; Editing by Kirsten
Donovan)
https://www.reuters.com/article/global-precious/precious-gold-falls-on-swift-economic-recovery-hopes-fed-minutes-eyed-idUSL4N2M02DB
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Value of iridium in electrolysis could top R90bn mark in years ahead – HySA

https://www.miningweekly.com/article/value-of-iridium-in-electrolysis-could-top-r90bn-mark-in-years-ahead-hysa-2021-04-07/rep_id:3650
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WARNING: TRILLIONS OF DOLLARS TO IMPLODE ECONOMY! – WILL WE SEE HYPERINFLATION?
April 7, 2021 1


The US has actually exceeded Venezuela when it comes to government expenditure to GDP…

by Josh Sigurdson via World Alternative Media

Josh Sigurdson reports on the inevitable collapse of the US dollar as the SDR grows in popularity and the central planning of the economy comes home to roost.


https://www.silverdoctors.com/headlines/world-news/warning-trillions-of-dollars-to-implode-economy-will-we-see-hyperinflation/
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Possible Bottom In Gold And Silver?

April 06, 2021


The downtrend in the precious metals sector that began in August has been punctuated with one of the most aggressive, blatant price manipulation efforts over the last month that I have witnessed in 20 years. While no one can prove it without access to the inside books at the Comex, I believe the price attack over the last 10-14 days was aimed at “encouraging” longs to either dump their April gold contracts or roll them out to June. Most of the price decline over this period – in fact over the last six months – occurred only after India and China and the rest of the eastern hemisphere physical buyers had closed shop for the day, leaving only the paper gold traders to play in the unsupervised silver and gold paper sandbox.

https://goldseek.com/article/possible-bottom-gold-and-silver
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Jim Rickards: The next phase of the war on cash

Submitted by admin on Tue, 2021-04-06 12:24 Section: Daily Dispatches

By James Rickards
The Daily Reckoning, Baltimore
Friday, April 2, 2021

With so much news about an economic reopening, a border crisis, massive government spending, and exploding deficits, it's easy to overlook the ongoing war on cash.

That's a mistake because it has serious implications not only for your money but for your privacy and personal freedom, as you'll see today.

Cash prevents central banks from imposing negative interest rates, because if they did, people would withdraw their cash from the banking system.

If they stuff their cash in a mattress, they don't earn anything on it. But at least they're not losing anything on it.

Once all money is digital, you won't have the option of withdrawing your cash and avoiding negative rates. You will be trapped in a digital pen with no way out. ...

... For the remainder of the analysis:

https://dailyreckoning.com/war-on-cash-the-next-phase/
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Have a Great Day everyone

Thanks and Stay safe

J:D
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