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- ⛏️ Goldboro Hits
⛏️ Goldboro Hits
PLUS: Dollar Dampens Gold
👷♀️ Greetings Contrarian!
This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and fire up the grill. 🥩
📝 Here are the highlights
🤩 Goldboro Hits
😉 Dollar Dampens Gold
🐦 1971 Dollar Shift
📌 Daily Commodity Prices

Source: TradingEconomics and Numerco.
🤩 Goldboro Hits
NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) reported new results from its ongoing 25,000 metres infill and twinning drill programme at the Goldboro Project in Nova Scotia, Canada.
Highlights:
10.9 metres of 1.86 g/t gold, including 0.6 metres of 7.38 g/t gold.
4.0 metres of 2.58 g/t gold, including 1.0 metres of 9.78 g/t gold.
18.9 metres of 1.03 g/t gold, including 1.6 metres of 5.86 g/t gold.
NexGold has completed 17,000 metres of drilling, with the programme expected to conclude by the end of Q2 2025, confirming broader gold zones than historically recorded and intersecting mineralisation in previously untested areas.
😉 Dollar Dampens Gold
Gold prices dropped over 2% today and are down more than 4% for the week, marking their worst weekly performance in six months, as easing U.S.-China trade tensions and a stronger dollar reduced safe-haven demand.
Spot gold fell to $3,178.06/oz, while U.S. gold futures dropped to $3,180.90/oz, with silver also slipping nearly 2%, amid optimism in financial markets, signs of slowing U.S. inflation, and expectations of potential Fed rate cuts.
📰 In Other News
🐦 1971 Dollar Shift
Ray Dalio explains the 1971 US default and the end of the dollar being “as good as gold.”
— Lobo Tiggre (@duediligenceguy)
12:54 PM • May 16, 2025

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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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