Sprott Money News ? Sprott Money News Weekly Wrap-up - 8.21.20Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipie...Read More
http://financialrepressionauthority.c...David Rosenberg is the chief economist & strategist of Rosenberg Research & Associates, an economic consulting firm he established in January 2020. He received both a Bachelor of Arts and Masters of Arts degree in economics from the University of Toronto. Prior to starting his firm, he was Gluskin Sheff's chief economist & strategist. Mr. Rosenberg was also...Read More
China firmly opposes the US plan to deploy land-based, medium-range missiles in the Asia Pacific and deplores its frequent moves to pressure China's neighbors and blatant provocations at China's doorstep.Continue...Read More
In 2008 the banks were Too Big To Fail. Here in 2020, the stock market looks Too Big To Fall. So much of the status quo is now dependent on ever-higher asset prices that any weakness is immediately met with overwhelming support by the central banks and/or national legislatures. Many are now wondering: will stocks ever be allowed to drop again? While that question sound facetious, it's not. After a...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
Hillary Clinton "gifted" a prestigious job in the Obama State Department to the nephew of accused pedophile and sex trafficker Ghislaine Maxwell, according to OK! Magazine - and whose employmentContinue...Read More
"We have something like 30 to 50 per cent of the restaurants in New York City are probably already out of business and they're not coming back."Continue...Read More
A video from outside of last night's DNC Convention in Milwaukee shows two Joe Biden supporters stealing a MAGA hat from a 7-year-old boy before physically attacking his mother.Continue...Read More
As tough as this market feels right now a second bull flag could be forming.Continue...Read More
It could have been. But what is more likely, itcould have been the final pre-plunge top in case of the mining stocks. Why?Because the history tends to rhyme, and the verses appear more similar to whatwe already “read” in the mining stocks than they what we can see on the goldmarket.Before digging into details, we would like to quotewhat we wrote on mining stocks on Monday:Backin March,...Read More
It could have been. But what is more likely, itcould have been the final pre-plunge top in case of the mining stocks. Why?Because the history tends to rhyme, and the verses appear more similar to whatwe already “read” in the mining stocks than they what we can see on the goldmarket.Before digging into details, we would like to quotewhat we wrote on mining stocks on Monday:Backin March,...Read More
* $1,860/OZ could be a test for gold - analyst * Eurozone economic recovery stutters in August* Interactive graphic tracking global spread of coronavirus: in an external browser (Adds comments, updates prices)By Nakul IyerAug 21 (Reuters) - Gold fell as much as 1.6% on Friday asthe dollar bounced back, denting bullion's appeal and setting iton track for a second straight weekly decline.Spot gold f...Read More
Bob Moriarty ArchivesAug 21, 2020We are in the correction thata few people accurately predicted. My gut tells me it will go into September but since the DSI predicted the top, I think the DSI will call the bottom. We have not had an all time high in either gold or silver but we did have something investors can trade. I’d like to point out something important to investors. Liquidity is a gian...Read More
Independent financial analyst Matt Badiali presents the investment case for copper. Copper will be the next metal to break out in 2020, and it's all about demand.The price of copper just broke through $3.00 per pound. The red metal's price rose 45% so far in 2020. But that is still well below its 2011 high of $4.50 per pound. That could change in the second half of this year. The reason for coppe...Read More
The zone's significance, the updated resource highlights and Troilus Gold's next steps are discussed in a Haywood report. In a July 29 research note, Haywood analyst Pierre Vaillancourt reported that the Southwest zone at Troilus Gold Corp.'s (TLG:TSX; CHXMF:OTCQB) Troilus property in Quebec "makes the difference" in the updated resource estimate and, potentially, the project.He also noted that H...Read More
Generation Mining achieves this result during phase 1 of its current metallurgical testing program. In a news release, Generation Mining Ltd. (GENM:TSX; GENMF:OTCQB; 9GN.F) announced at its Marathon Palladium project in northwestern Ontario it "successfully completed bench-scale metallurgical test work, resulting in a favorable and significant increase to projected Platinum Group Metals (PGM) and...Read More
A Fibonacci .618 retracement is a common reversal point in the markets Fibonacci numbers follow a sequence that begins with 0 and 1, and each subsequent number is the sum of the previous two (0, 1, 1, 2, 3, 5,8, 13, 21, 34, and so on).After the first several numbers in the sequence, the ratio of any number to the next higher is approximately .618 to 1; its ratio to the next lower number is approx...Read More
The story of how an inner city liquor store grew its business serves as an example of what sector expert Michael Ballanger calls " a compelling revelation of 'academics versus practicality.'"In watching the travesty of disinformation, misinformation and moral hazard formation ongoing in the global financial markets, I am immediately reminded of a case study from my university days of whi...Read More
Warren Buffett did whathe said he’d never do, and that is buy gold - not the physical metal, nor anETF, but a gold mining stock. Buffett and/or his holding company's managers choseABX, as it is known in Toronto, or GOLD, on the New York exchange. Thesurprising trade is highly symbolic given Buffett’s previous ferventlyanti-gold public statements. Last Friday the Oracle ofOmaha&rsq...Read More
Technical analyst Clive Maund charts this explorer and explains why he sees it as a Buy. X-Terra Troilus EastWe have what is believed to be a very nice entry point for X-Terra Resources Inc. (XTT:TSX.V; XTRRF:OTCMKTS; XTR:FSE) here after its reaction back from the start of the month. This is a stock that we theoretically already have a 77% gain in (ex costs), as we bought it on the 5th May at C$0...Read More