After five years of negotiations, Havilah Resources (ASX: HAV) has signed a Native Title Mining Agreement for its Kalkaroo copper-cobalt-gold project, northeast of Adelaide in South Australia.Kalkaroo is believed to be the largest undeveloped open pit copper-gold deposit in Australia on a copper-equivalent ore reserve basis. The signing of the new deal increases Havilah's chances of being granted...Read More
Following months of speculation on its ability to buy new assets, Canadian miner Hudbay Minerals (TSX, NYSE: HBM) announced today it has completed the acquisition of all of the issued and outstanding common shares of Mason Resources (TSX:MNR) it did not already own. Each common share was bought at a price of C$0.40.The transaction was closed for about C$31 million, as Hudbay took over the remainin...Read More
CloseGain/LossGold $1242.00-$7.30Silver$14.58-$0.06XAU66.61-5.67%HUI150.99-5.83%GDM558.39-4.33%JSE Gold1355.53+27.10USD97.06UNCHEuro113.72+0.08Yen89.30+0.12Oil$47.20+$0.9610-Year2.780%-0.043T-Bond144.84375+0.375Dow23323.66-1.49%Nasdaq6636.83-2.17%S&P2506.96-1.54% The Metals: Gold edged up to $1251.40 in Asia before it dropped back to $1246.80 in London and then jumped up...Read More
By David SmithOver a year ago in this space, you may have read my rationale for not closing out core metals and mining stock positions after the May 2011 intermediate top (which turned out to be a longer term!) in the resource sector. (By the way, David Morgan called that top to his subscribers -- to the day.)I held those positions in spite of having written down on paper a decade earlier my int...Read More
By Ira Epstein https://www.iraepstein.com/ Read More
By Frank HolmesCommodity traders appear excited about gold again as stocks are on pace for their worst year since 2008, and their worst December since 1931. Bullish bets on the yellow metal outnumbered bearish ones for the week ended December 11, resulting in the first instance of net positive contracts since July, according to Commodity Futures Trading Commission (CFTC) data.click to enlargeAs...Read More
As part of Merk's in-house research we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized click-bait. In sharing this content, we offer a cross-check to your own thinking and aim to add value to your own...Read More
I'm prone to remind readers from time to time that I don't have a crystal ball. Although I hit forecasting bullseyes often enough, this feat is just a cheap parlor trick for anyone even a little bit familiar with the Hidden Pivot Method. Under the circumstances, I probably shouldn't be too disappointed when the crystal ball I insist that I don't have fails me.Or has it? Yesterday I wrote that...Read More
By George SmithThe Christmas Truce of 1914 is remembered today as something of a miracle, and based on letters the soldiers had written home it struck them much the same way.How could it be that men can stop killing each other for a day after five months of mutual slaughter on the battlefield? Nor did they merely take a time out, but fraternized, much to the displeasure of their high command....Read More
- Review of 2018: 'Everything bubble' started bursting- International stock market indices and many property markets have fallen sharply- S&P 500 -4.5%, Nikkei -8%, EuroStoxx 50 -12.5%, FTSE -13%, DAX -16.5%- Of 54 major international stock market indices, only 6 are higher (see table below)- Global property bubble bursting - London, Sydney and Vancouver fall nearly 10%- Crypto bubble burst a...Read More
David Morgan is a world-renown precious metals aficionado. He is the creator of the Silver-Investor.com website and The Morgan Report, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a pr...Read More
Jason's talk with the great Gerald Celente about Macron, Yellow Vests, enslavement, enlightenment, financial 9/11, Brexit , truth and self empowerment.Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the international...Read More
Jason's talk with Paul Craig Roberts former secretary to the treasury with Ronald Reagan, about the Yellow Vest protests in France, Brexit, the EU, Macron, Quantitative Easing, self empowerment and taking back your power.Paul Craig Roberts is an American economist and a columnist for Creators Syndicate. He served as an Assistant Secretary of the Treasury in the Reagan Administration and was noted...Read More
I don't care if you're gay, straight, or wish to marry a potato. If you went to this event, if you watched a child perform sexually, if you gave Continue...Read More
Author and publisher John Truman Wolfe says get ready for more trouble in the banking sector. Derivatives will help lead the next disaster. And the big banks are by no means insulated. Citibank just reported a $180 loan loss to an Asian hedge fund. And this could just be the beginning. Unsound loans to weak borrowers is an ongoing pattern. Nothing ever really changes.Read More
Real estate expert Ben Jones says the 2008 Housing Bubble is still going on. If it is, we could see prices fall even lower than last time.Speculation and over exuberance has reentered the real estate industry, he says and predicts a major correction ahead. "It's popping right now.""You're going to get foreclosers, you're going to get a lot of them." How will it compare to the last crash? "It could...Read More
Axel Merk is the Founder, President, Portfolio Manager, and CIO at Merk Investments LLC. He is an expert on qualitative research and macroeconomic trends. Mr. Merk is also an expert on macro trends, hard money, international investing, and on building sustainable wealth, and he is a pioneer in the use of strategic currency investing to seek diversification. He is a speaker and author on topics ran...Read More
"The solution is not ideal but it allows us to avoid an 'Excessive Deficit Procedure' at this stage ... One important positive element is that the new budget is based on a plausible economic scenario," Continue...Read More
"I think that the runoff of the balance sheet has been smooth and has served its purpose," Powell stated during the news conference. "I don't see us changing that."Continue...Read More