fink
7 hours ago
Trump wants to lower rates. Destroy the fiat dollar, usher in a new currency system. Why won't gold fly?
Just thank God today it's Trump's new dollar and not Hillary's.
Either way, gold would fly. Just not as fast under Trump's, but at least we have freedom to buy gold under Trumps.
Hillary's, you would own nothing and be happy.
I believe deep in my bones, if the Hildabeast's plan got in those 8 years, private gold ownership would be illegal. Our gold would be scattered across the World Central banks. Instead, Trump drained the Cental bank ponzie scheme of our gold, last central bank ponzie scheme standing is going to be our Federal Reserve scam. And it's days are numbered.
surfer44
3 days ago
I'll pump one of my investments. GBUG, it is the only active ETF focused on providing exposure to gold and silver miners. *Note to myself: Some of these miners have copper also
Key Points
Actively Managed by a Global Leader β Sprott Asset Management has over four decades of specialized leadership in precious metals investments.
Value of Active Management in Miners β Given the operational complexities of mining operations, investors may benefit from an active strategy focused on long-term business fundamentals and/or growth potential.
Miners May be Undervalued Versus Bullion β Gold and silver mining stocks are historically correlated to the underlying bullion, but are not always in sync.* In recent years, miners have lagged behind the price of bullion, creating significant catch-up potential.
The Flexibility of an Active ETF β GBUG combines the daily transparency, liquidity, and potential tax efficiency of an ETF with the expertise of active management
Investment Focus
Sprott Active Gold & Silver Miners ETF (Nasdaq: GBUG) is an actively managed ETF that aims to provide long-term capital appreciation by investing in shares of gold- and silver-focused companies that are engaged in exploring, developing and mining; or royalty and streaming companies engaged in the financing of gold and silver assets. The investment strategy of the Fund is value-oriented and contrarian.
GBUG is the only active ETF focused on providing exposure to gold and silver miners.
surfer44
3 days ago
In the first quarter of 2025, Warren Buffett's Berkshire Hathaway reached a record cash position of $347.7 billion. This significant increase was driven by continued net sales of stocks, exceeding purchases by $174 billion over a ten-quarter period ending March 31, 2025. This cash build-up is partly attributed to tariff uncertainties in international trade and a cautious approach to investments amidst perceived high stock valuations.
Here's a more detailed look:
Record Cash Holdings:
Berkshire Hathaway's cash and cash equivalents, including short-term Treasury bills, reached a record high of $347.7 billion by the end of the first quarter of 2025, according to Mint.
Net Seller of Stocks:
For ten consecutive quarters, from October 1, 2022, to March 31, 2025, Berkshire Hathaway was a net seller of stocks, meaning they sold more equities than they purchased.
Reasons for the Cash Buildup:
Some analysts speculate that Buffett is building this cash reserve due to concerns about the economy and a perceived lack of attractive investment opportunities in the current market.
Cautious Approach:
The large cash pile reflects a cautious approach to investing, with Buffett seemingly waiting for more favorable market conditions or attractive investment opportunities.
Diversification:
While maintaining a large cash position, Berkshire Hathaway also made strategic adjustments to its stock portfolio. They increased their stake in Constellation Brands (STZ) while reducing positions in other areas, including some financial stocks, according to The Motley Fool.
Continued Strategy:
Buffett's actions suggest a strategy of holding a significant amount of cash as a buffer against potential market downturns and to capitalize on future opportunities.
NYBob
4 days ago
Canadian Gold Corp. -- Michael Swistun, CEO & President, Canadian Gold Interview July 2025
Canadian Gold Corp.
Michael Swistun, CEO & President
Interview July 2025
https://ecp.yusercontent.com/mail?url=https%3A%2F%2Fmcusercontent.com%2Fe4968b887d8fc123fb88100e3%2Fvideo_thumbnails_new%2F958bb6ef13e04a94422a12157b19e136.png&t=1752105480&ymreqid=559f1e29-0cef-48ac-1cb2-a00a1f010200&sig=5SGyy7WeL7f2lUfO44K_HQ--~D
Canadian Gold Corp. Closes Over-Subscribed Private Placement for New Hammond Reef South Program
V.CGC | 2 hours ago
Flin Flon, Manitoba--(Newsfile Corp. - June 30, 2025) -
Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce that it has closed its non-brokered private placement (the "Offering") previously announced on June 19, 2025. The Company issued a total of 1,203,125 flow-through common shares, at a price of $0.32 per share, for gross proceeds of $385,000.
The proceeds of the Offering will be used to fund follow-up exploration work at the Company's 100%-owned Hammond Reef South property, located near Atikokan, Ontario, and at other Canadian projects as may be determined.
The Company will use the gross proceeds from the issue and sale of the flow-through shares to incur eligible "Canadian exploration expenses", within the meaning of the Income Tax Act (Canada), that will qualify as "flow-through mining expenditures" as defined in the Income Tax Act (Canada) (the "Qualifying Expenditures"), on or before December 31, 2026.
In connection with this Offering, the Company paid a cash finder's fee of $19,250 to one eligible arm's-length party. All securities issued are subject to a hold period of four months and one day, in accordance with applicable securities laws. The Offering remains subject to final approval of the TSX Venture Exchange.
The Company further announces that all items of business at its annual and special general meeting of shareholders held on June 25, 2025, were passed with the requisite shareholder votes.
The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any U.S. state security laws, and may not be offered or sold in the United States without registration under the U.S. Securities Act and all applicable state securities laws or compliance with requirements of an applicable exemption therefrom. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
For Further Information, Please Contact:
Michael Swistun, CFA
President & CEO
Canadian Gold Corp.
(204) 232-1373
info@canadiangoldcorp.com
SocialMediaAccounts:
X (Twitter)
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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
About Canadian Gold Corp.
Canadian Gold Corp. is a Canadian-based mineral exploration and development company whose objective is to expand the high-grade gold resource at the past producing Tartan Mine, located in Flin Flon, Manitoba. The historic Tartan Mine currently has a 2017 indicated mineral resource estimate of 240,000 oz gold (1,180,000 tonnes at 6.32 g/t gold) and an inferred estimate of 37,000 oz gold (240,000 tonnes at 4.89 g/t gold). (Tartan Lake Project Technical Report, Manitoba, Canada, April 2017 authored by Mining Plus Canada Consulting Ltd.). The Company also holds a 100% interest in greenfields exploration properties in Ontario and Quebec adjacent to some of Canada's largest gold mines and development projects, specifically, the Canadian Malartic Mine (QC), the Hemlo Mine (ON) and Hammond Reef Project (ON). McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) holds a 5.6% interest in Canadian Gold, and Robert McEwen, the founder and former CEO of Goldcorp, and Chairman and CEO of McEwen Mining, holds a 32.5% interest in Canadian Gold.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This news release of the Company contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Canadian Gold's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.