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👷♀️ Greetings Contrarian!
This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and play a few tennis matches. 🥎
📝 Here are the highlights
👊 Gold Breaks Boundaries
😎 Trump Backs Stibnite
🐦 Smart Gold Moves
📌 Daily Commodity Prices
Source: TradingEconomics and Numerco.
👊 Gold Breaks Boundaries
Gold prices soared to a record $3,424/oz today, driven by a weakening dollar and rising U.S.-China trade tensions that spurred investor demand for safe-haven assets.
The metal has now been up over $700 since the start of 2025. Analysts attribute the rally to global uncertainty, fading confidence in the U.S. dollar as a reserve currency, and falling equity markets. China’s warning to nations about siding with the U.S. on trade further fuelled risk-off sentiment.
UBS expects gold to target $3,500 in the coming months, though some analysts warn of overbought conditions in the near term. A bit late for a target that might be hit…..tomorrow?
Pension funds allocations to gold are also close to record lows. Fact is both groups will avoid buying gold. They will feel like they missed it. The fear of buying the extended charts after this run will keep them on the sidelines. This is why silver will explode. Because
— Kevin Bambrough (@BambroughKevin)
2:25 AM • Apr 21, 2025
😎 Trump Backs Stibnite
Perpetua Resources Corp. (Nasdaq: PPTA; TSX: PPTA) reports that its Stibnite Gold Project has been selected as a Transparency Project by the White House, placing it among ten U.S. mineral projects prioritised under President Trump's Executive Order aimed at reducing America’s reliance on foreign critical minerals.
The designation provides the project with enhanced federal coordination through the permitting dashboard. Positioned to supply both gold and up to 35% of U.S. antimony demand during its first six years, Stibnite is also the only domestic source of the critical mineral antimony, which is vital for defence and energy technologies.
Backed by nearly $75M in Department of Defence awards and a $1.8B Letter of Interest from EXIM, the project is on track for its final permit decision in Q2, 2025.
Perpetua emphasises that the project will also restore an abandoned mine site, support rural job creation in Idaho, and contribute to national supply chain resilience.
📰 In Other News
🐦 Smart Gold Moves
🚨 We are pleased to bring Elyssia Patterson, from @Latin_Metals for an exciting interview.
👉 Here:
youtu.be/HUvbJsUR1QALearn how smart deals, top-tier geology, and tight share structure position Latin Metals for a breakout year.
Add it to your watchlist before the
— Fabi (@TheNextBigRush)
4:05 PM • Apr 19, 2025
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Happy Speculating!
The Editor
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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