"Equity and corporate bonds in the U.S. have so far shrugged off the worrying signs for the global economy coming from lower oil prices. But we suspect that Continue...Read More
"Despite the fact that bank balance sheets are quite strong, I think you'll see more moments like this going forward." Continue...Read More
I am more and more convinced the Debt Markets are about to blow up. It will start with a small wobble. Perhaps a small hint that anticipated global recession isn't/won't be so bad, or Continue...Read More
Sprott made the purchase through a private agreement. Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCMKTS) announced in a news release that Eric Sprott, through his corporation 2176423 Ontario Ltd., purchased 12,500,000 units of the Canadian precious metals explorer for $1.95 million. The price per unit was $0.156.Each unit has one common share and one-half of a one common share purchase warrant of...Read More
The Canadian company will investigate it with field work and possibly drilling. Aben's Forrest Kerr Gold ProjectAben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) announced in a news release the results from holes FK19-55 through FK19-63 drilled at its Forrest Kerr project in British Columbia's Golden Triangle.Generally, the drill results showed gold mineralization in the North Boundary zone over about...Read More
The company is now planning a drill campaign there. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) identified a new gold-copper porphyry target at its Iskut project in British Columbia, it announced in a news release. The newly discovered target is a "large intrusive system at relatively shallow depth that is likely responsible for the Quartz Rise Lithocap and elevated gold and copper concentrations...Read More
This was the conclusion drawn from the recent sequential copper analysis. Quaterra Resources Inc. (QTA:TSX.V; QTRRF:OTCQX) reported in a news release recent testing showed that actual copper recoveries at its MacArthur open-pit, oxide-leach project in Nevada could be higher than the assumptions used in the 2012 preliminary economic assessment. As such, the company will now investigate this possib...Read More
Maurice Jackson of Proven and Probable speaks with the CEO of a company upping its game in silver districts in the Yukon and Colorado. Maurice Jackson: Joining us for conversation today is Greg Johnson, the CEO of one of the market's leading silver explorers, Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCMKTS). Mr. Johnson, what a pleasure to have you back on our program to discuss the latest deve...Read More
Trenching yielded some of the highest-grade results to date. White Gold Corp. (WGO:TSX.V; WHGOF:OTCMKTS) announced in a news release that recent trench and surface sample results confirmed at least four high-grade gold trends on its JP Ross property in the Yukon. This property sits 25 kilometers to the northeast of White Gold's flagship Golden Saddle and Arc deposit.The gold trends, Vertigo, Sabo...Read More
These further drill results are positive and consistent with previous ones. Marathon Gold Corp. (MOZ:TSX; MGDPF:OTCMKTS) announced in a news release that additional drill results from the Marathon deposit at the Valentine gold project in Newfoundland are positive."The new drilling continues to delineate significant new zones of quartz-tourmaline-pyrite-gold veining in areas of limited previous dr...Read More
Clive MaundThe normal and natural business cycle where periods of growth were punctuated by healthy recessions has been all but eliminated by government and Central Bank interference. The recessionary phases which saw bearmarkets and retrenchment were a part of the cycle that is essential for the maintenance of a healthy economy, because it involved the correction of excess and the elimination o...Read More
StrengthsThe best performing metal this week was palladium, up 3.26 percent as its one-week lease rate reached the highest since January, indicating physical supplies are tight. Gold traders and analysts in the weekly Bloomberg survey were mostly neutral on the metal's price outlook as the market awaits the upcoming Fed meeting. Gold did advance on Wednesday after an unexpected drop in U.S. reta...Read More
There is still a chance of Brexit by 31st October. This is the reason why cable has not crashed and gold has not zoomed. US-China trade talks will be closely watched as the month progresses. Crude oil and industrial metals will be very volatile. IMF has also said that gold and silver are hedges against inflation. After a long time, silver has been invoked as an inflation hedge. Invest in silver...Read More
The trade war is taking a heavy toll on China. Chinese growth slowed to 6% in the third quarter, slower than expected and the slowest growth rate since 1992.That 6% growth represents a sharp drop from the 6.8% growth China registered in the first quarter of 2018. China’s growth still exceeds developed economies by far, but it is notably weak relative to China’s past performance and rel...Read More
During the 9 to 5, 40 hour a week working life, there's not a lot of time for your passions. Between work and family obligations, you're lucky to fit in a few hours to relax and flex your creativity on the weekends.Once you retire, though, you've suddenly got an ocean of time to fill. You can totally indulge in your hobbies, and if you like, you can even use them to make some extra side cash.If yo...Read More
Oct 22, 2019 Guest(s): Trey Reik Managing Member, Bristol Gold Group When it comes to gold's price performance, while monetary policy is an important driver, the long-term key force remains the overall debt to gross domestic product (GDP) ratio, this according to Trey Reik, managing member of Bristol Gold Group. "In my view, gold's all about monetary imbalances. If I can reduce the whole gold th...Read More
Oct 22, 2019 Guest(s): Doug Groh Portfolio Manager, Tocqueville Several countries around the world, including the UAE, are establishing a federal platform for gold trading, and this may signal an overvaluation of the U.S. dollar, or that countries are moving away from the dollar for gold denomination, says Doug Groh, portfolio manager of Tocqueville. "It really says a lot about the currency. The...Read More
Low interest rates are encouraging companies to take on a level of debt that risks becoming a $19 trillion time bomb in the event of another global recession, the International Monetary Fund has said.In its half-yearly update on the state of the world's financial markets, the IMF said that almost 40% of the corporate debt in eight leading countries - the US, China, Japan, Germany, Britain, France,...Read More
More than three years ago, Fed watchers were stunned when none other than Ben Bernanke's former special advisor, Andrew Levin, said that "a lot of people would Continue...Read More
David feels the term "quiet optimism" does, indeed, sum up the current gold market. He points out that capital markets have yet to open up to most micro-cap gold companies. He feels that the mining sector may well be the last deep value play in the market today.He thinks that gold will eventually rise above $2000 an ounce, but it will take longer than most analysts expect. Indications that we are...Read More