By Justin Spittler : My friend who’s a novice investor asked for advice recently. Hewas “bargain hunting” for cheap stocks, and trying to decide betweenbuying Kohl’s (KSS) or ExxonMobil (XOM).Icringed. “Listen,” I told him. “You’re thinking about this all wrong.”I getwhere my friend is coming from. From childhood we’re taug...Read More
(Recasts, updates prices)By Eric OnstadLONDON, Oct 15 (Reuters) - Copper prices rebounded onThursday as strong demand in top consumer China overcameconcerns that rising COVID-19 cases around the world will dampenglobal growth.Global stocks and oil prices pared losses after earliersliding due to worries about governments across Europetightening restrictions to battle accelerating virus infections....Read More
Keith WeinerPosted Oct 14, 2020On Friday, the price of silver went up from $24.25 to $25.20, or +4%.Let’s look at the graph of the price and basis (i.e. abundance) action.(Click on images to enlarge)For the first part of the day, the action is from speculators, for the most part.Then around the time that the US west coast comes online, we see a continued rise in price but a drop in basis bac...Read More
Bob Moriarty ArchivesOct 15, 2020For investors in the resource sector this year has to seem similar to one of those sick, good-news, bad-news jokes. As a result of some world-class stupidity from governments around the globe shutting down the world economy in response to what appears to be little more than a bad flu season pretty much guarantees the mass destruction of all fiat currencies.Even the...Read More
Bob Moriarty of 321gold discusses Blue Lagoon Resources, a company with projects in British Columbia that he believes is flying under the radar of most investors. Blue Lagoon Dome MountainIn my books and in my articles I try to write about things that my readers need to understand but others are not covering. I am not a parrot and you don't need to hear the same thing from me you can find on two...Read More
Peter Epstein of Epstein Research explores the latest from VanGold Mining, including a report on 55 meters of channel sampling averaging 537 g/t silver equivalent, or 6.7 g/t gold equivalent, and plans to continue drilling in November. VanGold Mining Corp. (VGLD:TSX.V) reported assays from channel sampling of an underground vein exposure within an ore shoot of the El Pinguico vein system at its El...Read More
Scottie Resources reported initial drill results at its Scottie Gold Mine O-Zone. On October 6, Scottie Resources Corp. (SCOT:TSX.V) released the first assays from its 7,040-meter summer drill program at the past-producing Scottie Mine in British Columbia's Golden Triangle, and the results included the high-grade intercept of 109.4 g/t gold and 32.4 g/t silver over 2.53 meters."The hit is from th...Read More
They say that time travels are impossible. But we just went back to the 1960s! At least in the field of the monetary policy. And all because of a new Fed’s framework. So, please fasten your seat belts and come with me into the past and present of monetary policy – to determine the future of gold!At the end of August 2020, the Fed has modified its Statement on Longer-Run Goals and Monet...Read More
They say that time travels are impossible. But we just went back to the 1960s! At least in the field of the monetary policy. And all because of a new Fed’s framework. So, please fasten your seat belts and come with me into the past and present of monetary policy – to determine the future of gold!At the end of August 2020, the Fed has modified its Statement on Longer-Run Goals and Monet...Read More
They say that time travels are impossible. But we just went back to the 1960s! At least in the field of the monetary policy. And all because of a new Fed’s framework. So, please fasten your seat belts and come with me into the past and present of monetary policy – to determine the future of gold!At the end of August 2020, the Fed has modified its Statement on Longer-Run Goals and Monet...Read More
* Dollar hits near one-week high * Equities hit by halted vaccine trials, stimulus talksimpasse * Interactive graphic tracking global spread of coronavirus: (Updates prices)By Brijesh PatelOct 14 (Reuters) - Gold prices rose on Wednesday after thelast session's sharp drop spurred demand for the safe-havenmetal from investors worried about global economic recovery anduncertainty surrounding next mo...Read More
Newrange Gold reported it drilled 14.85 g/t Au over 9.15 meters including one segment which registered 34.11 g/t Au over 3.05 meters at its Pamlico project in Nevada. In a news release, Vancouver-based Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) announced drill results from the Merritt Zone at its Pamlico Project located near Hawthorne, Nevada.The firm stated that "hole P20-82 in the Merritt Zone...Read More
With this work, Westhaven Gold aims to better define structural trends at its Prospect Valley project. Westhaven Gold Corp. (WHN:TSX.V) began ground geophysics at its Prospect Valley gold property in British Columbia's Spences Bridge Gold Belt, it announced in a news release. A 244-line kilometer ground magnetic survey will be carried out by Scott Geophysics of Vancouver over the Bonanza target,...Read More
Ely Gold Royalties has agreed to purchase a 0.3% royalty for claims on the Trenton Canyon property in Nevada now being drilled by SSR Mining. Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQX; I4U:FSE), in a news release, announced that it has entered into an agreement to purchase a 0.3% net smelter returns (NSR) royalty, the Trenton Canyon Royalty, from a private unnamed individual. The firm advis...Read More
Granite Creek Copper has mobilized to begin the inaugural drill program at its Stu Project in the Yukon. In a news release, Granite Creek Copper Ltd. (GCX:TSX.V) announced updates regarding its current exploration and financing programs. Granite Creek Copper launched a fall drill program at its Stu copper-gold project in the Yukon. Plans call for 1,500 meters of diamond drilling to expand upon pr...Read More
Peter Epstein of Epstein Research discusses the results of a recent drill program by Aston Bay Holdings. Aston Bay Holdings Ltd. (BAY:TSX.V; ATBHF:OTCQB) announced results from its Phase 2 drill program (seven holes, 803 meters [803m]) at the Buckingham Gold property in central Virginia (USA). Phase 2 added to the 1,218m (10 holes) from Phase 1 in March.The new holes included one strong, very ne...Read More
Bob Moriarty of 321gold profiles a junior that is exploring a property it has optioned from Great Bear Resources. For investors in the resource sector this year has to seem similar to one of those sick, good-news, bad-news jokes. As a result of some world-class stupidity from governments around the globe shutting down the world economy in response to what appears to be little more than a bad flu...Read More
After nearly three weeks of sideways/downward price action in Gold and Silver, our researchers believe both metals have already set up another breakout/rally attempt after breaching downward resistance (shown as the downward sloping CYAN line). This could be another huge opportunity for precious metals traders as the next move higher should prompt a rally above recent highs. That means a target pr...Read More
After nearly three weeks of sideways/downward price action in Gold and Silver, our researchers believe both metals have already set up another breakout/rally attempt after breaching downward resistance (shown as the downward sloping CYAN line). This could be another huge opportunity for precious metals traders as the next move higher should prompt a rally above recent highs. That means a target pr...Read More
Oct 16, 2020 Guest(s): Robert Kiyosaki The rise of automation means that many workers around the world will eventually be replaced by robots and artificial intelligence, and most Americans are not financially prepared to face a reduction in income, said Robert Kiyosaki, best-selling author of Rich Dad Poor Dad."The reason we have social unrest is that people that are protesters [don't have asse...Read More