Growing evidence of a severe global recession is sure to provoke more aggressive monetary policiesContinue...Read More
Bob Moriarty of 321 Gold gives his outlook on the gold market. All markets go up. All markets go down. No market ever goes straight up unless it's the end of the world and in that case why would you care?Gold hit bottom in early 2016. Smart money was buying then. Gradually gold rose and fell with the tide until lately when it went on a roll. All the permabulls are screeching about a new bull mark...Read More
These new assets expand the Canadian company's prospective project portfolio there. Taku Gold Corp. (TAK:TSX.V; TAKUF:OTCMKTS) announced in a news release it acquired the Gold Run and Midas properties in the Yukon's White Gold District, thereby extending its recently purchased Portland gold project to 13 kilometers along trend. Gold Run is a roughly 895 hectare area, consisting of 44 contiguous q...Read More
The new assays are comparable to those from previous samples taken from the historical district property. Klondike Gold Corp. (KG:TSX.V) announced in a news release that it discovered a zone of high-grade gold parallel to the mineralization of the Nugget zone at its Klondike project in the Yukon.The company discovered this through the drilling of nine holes in the Nugget zone along the Nugget Fau...Read More
The company will suspend ore processing there while it remedies the situation. SEMAFO Inc. (SMF:TSX; SMF:OMX) reported in a news release that a Wona pit wall failed at the Mana mine in Burkina Faso on Friday, but no one was injured and no equipment damaged as a result. Mining is currently taking place in the southern part of the Wona pit, not in the northern portion, the area where the pit wall f...Read More
Mickey Fulp, the Mercenary Geologist, and Maurice Jackson of Proven and Probable discuss the resurgent precious metals markets, as well as base metals, critical metals and energy metals. Maurice Jackson: Joining me for a conversation today is Mickey Fulp, the Mercenary Geologist. Glad to have you here today to share your market insights, which are quite remarkable. And, I want to get your thought...Read More
In 3rd grade, my teacher had a sign up at the front of the class which read:PUT BRAIN IN GEAR BEFORE ENGAGING MOUTHThis made an impression upon me as a 3rd grader. Yet, many adults have yet to learn this lesson.It seems that every single analyst that you read regarding the gold market parrots the exact same thesis: If the dollar rises gold falls, and if the dollar falls gold rises. This is the fir...Read More
Over the past few weeks and months, we’ve been alerting our followers to the incredible setups in Natural Gas and Crude Oil. If you’ve been following our research, you already know on May 21st we called for Oil to break down from $62 level with a target of $55 then $49 price levels. We’ve been alerting that Natural Gas was setting up an incredible seasonal trade with...Read More
July nonfarm payrolls came in line with expectations, confirming the strength of the U.S. labor market. So far so good. With the markets more focused now on the escalation of the trade war triggered by Trump’s tweet on Thursday., she stock market plunged while gold rallied. Can the upcoming news take gold higher still? July Payrolls in Line with ExpectationsThe U.S. created 164,000 jobs in J...Read More
We are currently at an important point of the economic cycle. The end or peak of debt-based assets, and the significant appreciation of real assets like gold and silver.An example of the last time we were in a similar position is the late 70s. The Dow was at or near peak levels after a multi-decade bull market, while gold and silver was in the midst (or end) of a consolidation (or correction).The...Read More
- Gary Christenson, The Deviant InvestorBreaking News: COMEX paper gold contracts closed on Wednesday, August 7, at $1,513, up from $1,274 on May 22. Gold bottomed at $1,045 in December 2015. The S&P 500 Index closed at a new all-time high on July 26.Gold closed at its highest price since 2013.Read: Silver Prices - The Next Five YearsWhat Happens Next?We don't know. Gold has disappointed for...Read More
By: Ira EpsteinBig violent Summer trading day in the general markets. Bonds getting ahead of themselves? 1% US 10-Year Note yields... 0% yields?Gold took off last Thursday, 18-DMA now $1,445 and rising, bias is up:Read More
By Avi GilburtIn 3rd grade, my teacher had a sign up at the front of the class which read: PUT BRAIN IN GEAR BEFORE ENGAGING MOUTHThis made an impression upon me as a 3rd grader. Yet, many adults have yet to learn this lesson.It seems that every single analyst that you read regarding the gold market parrots the exact same thesis: If the dollar rises gold falls, and if the dollar falls gold r...Read More
Gold is over brought and needs to break and trade over $1540 to start another wave of rise. Silver has a massive technical congestion between $1730-$1775. Silver needs to break and trade over $1730-$1775 zone for the rest of the month to rise to $1932 and $2100. Chances of sharp correction will be very high as long as silver does not break $1775. One step at a time for silver bulls. One should u...Read More
August 8, 2019 - Vancouver, BC - It is with profound sadness that ATAC Resources Ltd. ("ATAC") announces the passing of Julia Lane, its Vice President of Exploration. Julia and 24 year old Shawn Kitchen, the pilot of the Alkan Air flight, were casualties in a fatal aircraft accident on August 6, 2019. The C208 Caravan aircraft, operated by Alkan Air of Whitehorse, was lost during a routine service...Read More
Aug 09, 2019 Guest(s): Mark Cuban Owner, Dallas Mavericks "I hate gold. Gold is a religion," Mark Cuban, owner of the Dallas Mavericks, told Kitco News in an exclusive interview at the Three Sharks In A Castle Symposium. "I do not see it as an alternative to currency." Cuban said that while there may be some fundamental value to gold, "everything else is a collectible," he said, adding that gold...Read More
San Diego police officers have used streetlamp video surveillance in at least 140 cases and sometimes as frequently as 20 times a month.Continue...Read More
Plans to expand rent control in California took the next step this week after Democratic Gov. Gavin Newsom announced his support for capping annual rent increases.Continue...Read More
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 internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
Click to enlarge chartA Pittance for GeniusThe late John Scarne, one of the world great experts on gambling, once wrote a treatise explaining why you can't win at three-card monte. That's the game where a grifter lays three playing cards on a makeshift table, instructing you to follow the queen. He turns them face-down, flipping the queen over now and then to make it easier for you to keep tra...Read More