Trump's showdown with China is causing anxiety in markets across the world. Asian-based economist Richard Duncan joins Robert to offer his view of how China is responding to Trump. Find out why bond yields are crashing, and how China is choosing to isolate itself from the U.S.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles...Read More
President Trump raised a record breaking $24.8M in less than 24 hours for his re-election. The enthusiasm across the country for this President is unmatched and unlike Continue...Read More
John Bolton hates the governments of Venezuela, Cuba, and Nicaragua-calling them the "troika of tyranny" and the "three stooges of socialism"-and is determined Continue...Read More
The 10Y US Treasury yield is now down 11bps from the FOMC Statement, plunging back below 2.00% Continue...Read More
A BMO Capital Markets report gave the new figures for tons and grades and compared them to ones in a prior estimate. In a June 17 research note, BMO Capital Markets analyst Edward Sterck reported that South32 Ltd. (S32:ASX; S32:LSE) published a mineral resource for its Taylor deposit in Arizona.Sterck noted the new JORC compliant resource is generally similar to the NI 43-101 compliant one comple...Read More
Sector expert Michael Ballanger offers his take on various factors affecting the stock and commodities markets prior to today's Federal Open Market Committee meeting. Question #1: With unemployment rates at 50-year lows, inflation below the Federal Reserve's target, housing (bankers' major collateral) at or near record highs, and stock markets within 2% of all-time highs, why in the Lord's name i...Read More
The company intends to ramp up the mine to full capacity next quarter. Dundee Precious Metals Inc. (DPM:TSX) achieved commercial gold production at its Southern Bulgaria Krumovgrad project, from now on to be called Ada Tepe as it is known locally, it announced in a news release."Commercial production at Ada Tepe marks the beginning of a new chapter for Dundee Precious Metals, delivering significa...Read More
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