The precious metals explorer will conduct more grab sample testing there soon. Gooseberry ProjectAmerican Pacific Mining Corp. (USGD:CSE; USGDF:OTC) announced in a news release that assays from grab samples at Gooseberry were encouraging, showing high silver and gold grades.Gooseberry is the past-producing project in Storey County, Nev., which American Pacific recently acquired via staking. "The...Read More
Recent drill results and their implications were addressed in a BMO Capital Markets report. Pretium's Brucejack MineIn a June 5 research note, BMO Capital Markets analyst Andrew Kaip reported that Pretium Resources Inc.'s (PVG:TSX; PVG:NYSE) recent drill results lead one to ask whether the company "should accelerate exploration to begin outlining the eastern resource potential of the Valley of th...Read More
MostAmericans take food abundance for granted. Grocery store shelves are alwaysstocked, and America’s agricultural sector always grows more than enough corn,wheat, and soybean crops to keep the food production system humming alongsmoothly.Thatall could change as abruptly as the weather. In fact, historically wetconditions throughout the Midwest have put this year’s spring planting inje...Read More
Precious metals expert Michael Ballanger discusses geopolitical events and movements in the precious metals markets. Hallelujah!It was only a week ago that I was opining that there was nothing ominous in the technical picture for gold and silver that was altering my bullish stance; RSI and MACD were trending up and price was stubbornly refusing to yield to the myriad of bullion bank attacks missio...Read More
Michael Ballanger explains how he is reacting to the advances in the gold ETFs. Given the torrid advance in gold (GLD [SPDR Gold Shares]) and the leveraged miner ETFs (NUGT [Direxion Daily Gold Miners Index Bull 3x]/JNUG [Direxion Daily Junior Gold Miners Index Bull 3x]), it is of note that RSI readings have screamed northward to the point where I don't think I can recall a shift in momentum quite...Read More
Dr. Chris Martenson PhD & Chris Waltzek PhD - June 4th, 2018. * Download MP3 formatHighlightsDr. Chris Martenson of PeakProsperity.com, author of Prosper! notes the global "everything bubble." Virtually every asset class was inflated by profligate monetary policies and various fiat schemes. The global economy could be on the cusp of a 2nd Great Recession due in part to protectivist trade...Read More
Perhaps surprising no one, global manufacturers are now in contraction mode for the first time since 2012. That's according to the most recent reading of the sector's health, the purchasing manager's index (PMI), which headed lower for a record 13th straight month in May. The PMI posted 49.8, down from 50.4 a month earlier. As a reminder, anything above 50.0 indicates expansion; anything below,...Read More
Miles Franklin sponsored this article by Gary Christenson. The opinions are his.Christopher Whalen wrote "Trump is Right to Blow Up the Fed." He stated:"Anybody who cares to read the 1978 Humphrey Hawkins law will know that the Fed is directed by Congress to seek full employment and then zero inflation. Not 2 percent, but zero. Yet going back a decade or more, the Fed, led by luminaries such a...Read More
- Stefan GleasonMost Americans take food abundance for granted. Grocery store shelves are always stocked, and America's agricultural sector always grows more than enough corn, wheat, and soybean crops to keep the food production system humming along smoothly.That all could change as abruptly as the weather. In fact, historically wet conditions throughout the Midwest have put this year's spring...Read More
Although oil prices and Treasury yields have been falling an anticipation of a widely advertised economic slowdown in Europe and China, U.S. stocks are rising as though boom times lie ahead. What is going on?? It would appear that bulls simply cannot control themselves when there is talk of Fed easing. The prospect of QE3 has been in the news lately, driving a short-covering rally that has p...Read More
By: Ira EpsteinGold reaching into resistance areas we have seen before:Read More
The average household in America consumes 10,764 (kWh) in electricity each year at an average cost of $1,351.If you have the bucks to spend, you can chop that bill by replacing older appliances with new energy-efficient ones.But if you're not ready to trash a perfectly good stove or air conditioner to save a few bucks on your power bill, here are some simple steps you can take without doing an ext...Read More
U.S. Gold Corp. intends to drill up to 28,000 feet (approx. 9,000m) in up to 14 holesThis program is designed to assess a number of previously inaccessible targets because of previous permitting limitationsIdentification, qualification, and prioritization of these targets were determined by means of detailed surface geology, geochemistry, and geophysics and expert knowledge of Carlin-type deposit...Read More
By: Richard (Rick) Mills Gold was riding high Monday on bad news regarding the US economy, causing stocks to fall and Wall Street traders to pile into bullion. US markets were choppy on the first trading day after June 1, when the United States increased the tariff on $200 billion of Chinese imports from 10% to 25%. Shares of the so-called 'FAANG' stocks slumped, pulling the S&P 500 and the D...Read More
By: Avi GilburtFirst, I want to begin this article by thanking all those who read my articles for the amazing outpouring of support and prayers for my wife who is recovering from a freak accident. So, with her sleeping right now, I thought I would pen another article to at least keep myself somewhat busy.Over the years, I have published many price trend change expectations which have hit quite w...Read More
By: Stewart Thomson, Graceland Updates 1. The powerful sell signals I have in play for US stock markets at my www.guswinger.com trading service show no signs of abating.2. Please click here now. Double-click to enlarge this Nasdaq ETF chart. 3. President Trump unleashed a huge corporate tax cut early in his presidency, and that was very positive news for the stock market. Since...Read More
Every dog has its day, and Tuesday's vicious short squeeze was a pooch-lover's delight. DaBoyz even managed to goose Tesla for a 9% gain. Although that won't be nearly enough to reverse the death spiral in the automaker's shares, it will suffice to spook traders who have been shorting the stock with impunity for the last couple of months. Scandal-plagued Boeing was a relatively modest gainer amo...Read More
Trading volumes will be very less in Asia and even in Europe due to "Eid". There has been lots of news which gives a sense that precious metals are about to move away from the shackles of continued manipulation. I am hopeful that gold and silver will draw more and more short-term investors as well as medium term investors. 1. China has issued travel warning to its citizens travelling t...Read More
This was the Dow's second straight triple-digit gainThe Dow nabbed its third straightwin today -- and second-straight triple-digit gain -- after weak jobs dataunderscored expectations for a Fed interest rate cut. Wall Street also breathed a collective sigh of relief after White House advisor Peter Navarro downplayed the possibility of President Donald Trump's proposed tariffs on Mexican imports g...Read More
The tech sector's recent pullback has created buying opportunitiesIt's been a rough stretch for tech stocks, with the Nasdaq Composite (IXIC) starting the month of June in correction territory. This recent pullback has created some buying opportunities throughout the sector, with software stocks Keysight Technologies Inc (NYSE:KEYS) and Adobe Inc (NASDAQ:ADBE) both trading near trendlines with his...Read More