The goal now is to understand the entire project and its potential. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced in a news release it is shifting its exploration focus at KSM this year to blind targets beneath the Sulphurets fault system. The company is sending crews to KSM for three purposes. One is to assess the possibility of additional gold-copper porphyry systems below the Sulphurets...Read More
This work is being done in advance of drilling later this summer. American Pacific Mining Corp. (USGD:CSE; USGDF:OTC) announced in a news release that a CSAMT geophysical survey has begun on its Tuscarora project in Nevada. Reno-based Zonge International is conducting the study."This nonintrusive, low-impact controlled source audiofrequency magnetotellurics survey will highlight key target explor...Read More
- Dave Kranzler"The latest University of Michigan consumer confidence report noted that its index tracking those who think it's a good time to buy a home has fallen by a hefty eight points in the past two months even as mortgage rates have dropped." - Danielle DiMartino Booth, "The Fed Can't Help Housing Or Autos At This Point"I'm not the only analyst who has concluded that lower rates likely w...Read More
Last week was a strong one for gold, which managed to eke out its fourth straight week of positive gains. The price of the yellow metal broke above $1,350 an ounce last Friday, while gold miners, as measured by the NYSE Arca Gold Miners Index, tested their 52-week high.Investors sought safe haven investments on a number of geopolitical risks, including protests in Hong Kong over the now-delayed...Read More
- Stefan GleasonUncle Sam is going broke. That's not exactly news - at least not to anyone who has been paying attention to the sorry state of federal finances.Yet to most Americans, the ballooning national debt ($22.3 trillion and counting) isn't a problem that impacts their daily lives. They won't directly perceive the cost of another trillion dollars in borrowing in the government's next fi...Read More
By Avi GilburtThe amount of discussion I am seeing on television, as well as in print, regarding what the Fed is going to do just amazes me. Are people this oblivious to the realities around them?I really have a hard time understanding this. So, maybe you good people can help me. The Fed was clearly going to continue raising rates this past winter. No one even questioned that. Well, almost no on...Read More
By: Robert LambourneThe statement of account for May 2019 of the Bank for International Settlements, published this week, indicates that the bank is still trading gold swaps, which the bank uses to gain access to gold held by commercial banks. But the statement indicates that bank's recent activity in the gold market is much reduced from its activity during the second half of 2018.There is not e...Read More
- Stewart Thomson, Graceland Updates 1. It's my firm belief that most Americans are living in a fantasy world where a superhero named President Trump is going to negotiate fabulous "America-first" trade deals with cowering governments around the world... and Americans will then magically relive the 1950s with massive GDP growth, even while QE to infinity becomes as American as apple p...Read More
By: Ira EpsteinGold in an overbought market challenging the high...Read More
When planning on how much to save for retirement, you first need to know how much you'll spend. The general rule is that you'll need 70% to 80% of your pre-retirement income to maintain your standard of living. However, a recent study found that nearly two in five (39%) retirees are spending more than they had expected. With that in mind, there are at least five things you might spend more on once...Read More
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVancouver, June 19, 2019 – PRIZE MINING CORPORATION (TSX-V: PRZ, Frankfurt: MQSP, OTCQB: PRZFF) (the "Company or "Prize") is pleased to announce that, further to its news release of May 27, 2019, it has closed the second and final tranche of its non-brokered private placement (the "Of...Read More
Continue...Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named "Money Manager of the Year" by Institutional Investor. He is a graduate of Dartmouth College summa cum laude...Read More
When you look at the silver price, relative to US currency (the amount of actual US dollars) Continue...Read More
With this work, the company begins fulfilling the earn-in requirements for gold rights. Ethos Gold Corp. (ECC:TSX.V; ETHOF:OTCQX) began initial drilling at the Iron Point property in Nevada, it announced in a news release. This comes only one month after the firm signed an earn-in agreement with the owner, Victory Metals. Drilling, supervised by Dr. Quinton Hennigh, will primarily target the Carl...Read More
Sector expert Michael Ballanger reacts to today's Federal Open Market Committee meeting. To the surprise of the many and the chagrin of the few, the Fed opted to do nothing with policy today and left rates unchanged despite clarion calls for a cut. As I wrote about earlier, there was (and is) zero rationale for a rate cut, what with GDP humming along and the best employment numbers in fifty year...Read More
The announcement came rolling from the Eccles Building at 2 p.m. Eastern...No rate hike today.Jerome Powell has decided to sit on his hands - for now.In his very words:It's important that monetary policy not overreact to any one data point... The FOMC will closely monitor the implications of incoming information for the economic outlook and will act as appropriate to sustain the expansion.That is...Read More
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 Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
"This isn't an either/or proposition. It is in Canada's national interest to protect our environment and invest in tomorrow, while making sure people can feed their families today," Continue...Read More
By: Ira EpsteinGold consolidating gains?Read More