Gold prices have been rising rapidly over the last few weeks and silver has begun to follow. Brien Lundin, editor of Gold Newsletter, in this interview with Streetwise Reports, profiles four junior miners that either have leverage to the metals prices or are sitting on large discoveries. Streetwise Reports: It's been a busy month or two for the precious metals, especially gold. Would you talk abo...Read More
The company's recent production, costs and guidance are reviewed and discussed in this CIBC report. In a July 15 research note, CIBC analyst Cosmos Chiu reported that after a solid Q2/19, Fortuna Silver Mines Inc. (FSM:NYSE; FVI:TSX; FVI:BVL; F4S:FSE) "is tracking to meet or exceed the top end of its 2019 silver production guidance."Specifically, Fortuna's year-to-date silver production is 4,600,...Read More
Divesting of its ownership, the company deems, is a momentous achievement. Golden Arrow Resources Corp. (GRG:TSX.V; GARWF:OTCQB; G6A:FSE) announced in a news release it entered into an agreement to sell its 25% interest in Puna Operations to SRR Mining, its sole joint venture partner in the entity, for CA$44.4 million. The total consideration going to Golden Arrow will consist of CA$3 million in...Read More
The silver market is on the upswing but consolidation could be in the offing, according technical analyst Clive Maund. Some weeks back we had correctly surmised that gold's gathering strength would rub off on silver and cause it to start catching up, so we bought a range of silver ETFs and stocks, a move which has paid off well as they have spiked quite dramatically in the recent past.Starting wit...Read More
In the last one hundred years there havebeen some great silver rallies. Some have been greater than others though.The economic conditions underlying thedifferent silver rallies were not all the same. Obviously those that occurredduring conditions most conducive to silver rallies were the great performers.The coming silver rally could be thegreatest especially since it potentially has most conditio...Read More
It was a huge week for the gold stocks. GDXgained nearly 7% while GDXJ surged over 10%. Gold hit $1450/oz after Thursday beforeselling off Friday. Silver met the same fate on Friday but managed to close theweek up over 6% and at a new 52-week high. Let’s take a look at the current technicals.Gold closed the week just below $1427/oz. If itremains above $1420-$1425, then it is likely to trend...Read More
Jordan Roy-ByrneIt was a huge week for the gold stocks. GDX gained nearly 7% while GDXJ surged over 10%. Gold hit $1450/oz after Thursday before selling off Friday. Silver met the same fate on Friday but managed to close the week up over 6% and at a new 52-week high. Let's take a look at the current technicals.Gold closed the week just below $1427/oz. If it remains above $1420-$1425, then it i...Read More
Expected interest rate cuts by all the central banks is supporting gold at the moment. European central bank is expected to cut interest rates in September. Trade war theme is still there. In short, all the factors are bullish for gold. Investment demand is on the rise with passing of each week. Economic growth news will be the key. Measures (other than interest rate or different forms of quan...Read More
In corporate finance there's a term used to describe inventory that sits in a warehouse costing the business money - that term is called carrying costs.Imagine for a second that your house is run like a business and all your belongings are its inventory. The more stuff you own, the higher your carrying costs will be.Of course, not everything you own will end up costing you money but you get the id...Read More
Jul 24, 2019 Guest(s): Ron Paul Unlike Steven Mnuchin, the U.S. Secretary of the Treasury, former congressman Ron Paul isn't against big tech, but said it is mostly an issue "when bigness comes from benefits from government." "Yes, they're too big, but I don't think I approach it the same way [Mnuchin] does, because I think if a company is big because it produces and the people like it and they...Read More
"Greenspan said we can print any number of dollars we need, and that's exactly what they did to the currency in Venezuela, Zimbabwe and the Weimar Republic. That gives you hyperinflation."Walter J. "John" Williams has been a private consulting economist and a specialist in government economic reporting for more than 30 years. His economic consultancy is called Shadow Government Statistics (shadows...Read More
James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depression: 1921: The Crash That Cured Itself. Grant's television appearances include "60 Minutes," "The Charlie Rose Show," Bloomberg TV, CNBC and other well-known financial news sources. His j...Read More
Gregory Weldon is CEO of Weldon Financial and Editor of the influential newsletters "Weldon's Money Monitor," the "Commodity and Currency Monitor," the" Metal Monitor," and the "ETF Playbook." He launched these macro-market publications, covering supply-demand fundamentals, along with technical, intermarket, and psychological insights, after building a successful career as a trader on Wall Street....Read More
Yesterday a report was released that corrupt and fired former FBI Director James Comey had a spy in the Trump White House. Continue...Read More
As interest rates head into negative territory and gold finally busts out to the upside, DOUBLE DOWNContinue...Read More
Jul 25, 2019 Guest(s): Frank Holmes CEO, U.S. Global Investors Gold's price rally has certainly helped mining companies perform well so far this year, but more importantly, the miners themselves have become better managed companies, said Frank Holmes, CEO of U.S. Global Investors. "What's really important is that a lot of these companies have become more lean, they're more efficient, so that's a...Read More
Once upon a time, the deficit spending of the U.S. government was thought to be constrained by something called the "debt ceiling". That this notion still holdsContinue...Read More
Republicans and Democrats have stowed their axes, sunk their differences... and agreed to raise the debt ceiling.The government will remain in funds for the next two years - beyond the 2020 election, not coincidentally.The Wall Street Journal reads the truce terms:Congressional and White House negotiators reached a deal to increase federal spending and raise the government's borrowing limit, secur...Read More
July 19th, 2019(S14-E705)Featured GuestsBill Murphy& Bob HoyePlease Listen HereInterview RecapBill Murphy of GATA.org returns to the show with fresh insights on the recent PMs shares rally that continues to parallel the success of the US shares. One positive contrarian indicator, coin shop owners are telling our guest that demand remains sluggish, despite the strong upward market activity. Joh...Read More