"This rule will decrease forum shopping by economic migrants and those who seek to exploit our asylum system to obtain entry to the United States." Continue...Read More
The rationale for the decision and the potential to further improve project economics are explored in a ROTH Capital Partners report. In a July 9 research note, ROTH Capital Partners analyst Jake Sekelsky reported that Great Panther Mining Ltd. (GPR:TSX; GPL:NYSE.American) opted to advance its Coricancha mine in Peru toward a production restart, which is estimated to require $9 million in initial...Read More
The new numbers and their impact on the existing project are presented in a Haywood report. In a July 8 research note, Haywood analyst Geordie Mark reported that Endeavour Mining Corp. (EDV:TSX; EVR:ASX) release an updated resource estimate for its Le Plaque deposit in C?te d'Ivoire.Specifically, Le Plaque's newly calculated resource totals 4.63 million tons (4.63 Mt) containing 476,000 ounces (4...Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up our good friend David Smith of The Morgan Report and MoneyMetals.com columnist joins me for a wonderful discussion on the state of the precious metals, an exciting new silver backed cryptocurrency and when he believes silver will finally play catch up to gold’s rally. So be sure you stick around for my convers...Read More
If you are bullish on gold prices right now, you are running with the crowd. That is perfectly fine, unless the crowd is running in the wrong direction. Or, maybe the race hasn’t started yet.With all of the talk about fundamentals for gold, it would be nice if someone could set their emotions aside and look at some facts that might bring some clarity to the subject.Nearly every recent articl...Read More
"I've never been poor, only broke. Being poor is a frame of mind. Being broke is only a temporary situation." Mike Todd, movie producer, Elizabeth Taylor's third husband; 1903-1958 "It wasn't raining when Noah built the ark." Warren Buffett, Business magnate, investor, speaker, philanthropist, CEO Berkshire Hathaway, b. 1930 "Beware of inside information...all inside information." Jesse Liverm...Read More
By Avi GilburtI can no longer count how many times I have been told that "squiggly lines cannot predict the market." Yet, anyone who has tracked us over the long term knows how successful we have been at predicting many major market turns and targets with these "squiggly lines." In fact, we have done so in many markets including metals, equities, Forex, bonds, etc.The issue that many have with o...Read More
By signaling a move toward easing, Powell has made ready to cushion the U.S. against an economic slowdown that has been gathering force around the world. Although it is never wise to fight the Fed, we should be very guarded this time, scanning the horizon for signs of monetary-policy fissures. They are not likely to be obvious right away, since loosening will initially have a bullish impact on...Read More
The dollar price of gold has been on a roller-coaster ride for the past six years. But the past six weeks have been a turbocharged version of that. Investors should expect more of the same for reasons explained below.The six-year story is the more important for investors and also the more frustrating. Gold staged an historic bull market rally from 1999 to 2011, going from about $250 per ounce to $...Read More
Trump has had it!He is apparently declaring a currency war on the rest of the world. Trump resents China and Europe cheapening the yuan and the euro against the dollar in order to help their exports and hurt ours.He says it's time for the U.S. to cheapen the dollar also. Trump has a point. If you put a 25% tariff on many Chinese exports to the U.S. (as Trump has done) or a 25% tariff on German car...Read More
Raise your hand if you've heard that half of all marriages will end in divorce? Even if that statistic was once true, it's not anymore. Divorce is on the decline and has been since the 1980s in America. Experts now put your chances of uncoupling at about 39% in the U.S. The drop in divorce rate seems to be, in large part, due to Millennials making their vows stick. A 2016 study found that young pe...Read More
Editor's note: It's one of the oldest rules of saving and investing: the wonders of compound interest. But can you rely upon it to build wealth? Today eccentric former hedge fund manager gives you his surprising answer.Dear Reader,Albert Einstein supposedly said, "The eighth wonder of the world is compound interest."The idea is that if you put some money in the bank and let it sit there or invest...Read More
Jul 16, 2019 Guest(s): Peter Hug Global Trading Director, Kitco Metals Silver has been attractively priced relative to gold, and investors are finally starting to take note of that, said Peter Hug, global trading director of Kitco Metals. "I think people are starting to catch on to the fact that this market is overall in a bullish trend, which I do believe it is, that silver is extremely underva...Read More
Jul 16, 2019 Guest(s): Richard Hayes CEO, The Perth Mint Perth Mint made history on Tuesday by bringing the world's largest gold coin to the NYSE. The coin, weighing in at 1 tonne, holds the Guinness World Record for the world's largest, is valued close to $45 - $50 million at market prices, with spot gold last trading at $1,411.10 an ounce. The coin's unveiling at the NYSE marks the Perth Mint'...Read More
Peter Schiff hosted the 1st ever Peter Schiff Bitcoin challenge live on his Youtube channel on Monday July 15th. Peter challenged YouTube users to change his mind on Bitcoin. Here is a replay of that video:Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro P...Read More
Freight shipments in the US across all modes of transportation - truck, rail, air, and barge - fell 5.3% in June compared to June last year, after having fallen 6.0% in Continue...Read More
After gold broke above a critical resistance level, held for the past five yearsContinue...Read More
Trump has had it! He is apparently declaring a currency war on the rest of the world. Trump resents China and Europe cheapening the yuan and the euro against the dollar Continue...Read More
Got gold? The federal government will soon run up against its self-imposed borrowing cap once again.Continue...Read More
Cables sent from the United Kingdom's Ambassador to Washington, Sir Kim Darroch, to the British Foreign and Commonwealth Office (FCO), which were leaked to Continue...Read More