QUESTION: Hi Marty,I have read that Lincoln’s treasury issued “Greenbacks” to help fund the North during the civil war.1. Was this a direct printing, issuing of paper currency, aka like your “The Solution” ? (Bill Still, creator of the money masters documentary claims such…)2. Others claim that it was meant all along to be backed by gold, and they point to the...Read More
May 30, 2019 Guest(s): Frank Holmes CEO, U.S. Global Investors Recently imposed tariffs on Chinese imports could push up inflation in the U.S., adding a tailwind to gold prices, this according to Frank Holmes, CEO of U.S. Global Investors. "Historically when you look at tariffs, it's a taxation, and that taxation is going to be picked up by the consumers in America, and so that's going to be inf...Read More
"The First Amendment to the United States Constitution did not protect conduct of a minor who distributed a digital video file of herself engaged as a subject in consensual sexual conduct," wrote the court.Continue...Read More
"The public should be aware of the impact of energy drinks on their body, especially if they have other underlying health conditions," Continue...Read More
"Sit down before fact like a little child," Thomas Huxley instructed, and "follow humbly wherever and to whatever abyss Nature leads…"Today we sit down before facts, childlike... and follow humbly wherever and to whatever abyss they lead.But what if the facts lead straight to the abyss of recession?Facts 1: April orders for core nondefense capital goods slipped 0.9%.Facts 2: April orders for...Read More
StrengthsThe best performing metal this week was palladium, up 1.49 percent as UBS published a report outlining its positive view on the precious metal; hedge funds raised their net long position in the metal after touching an eight-week low. Gold traders and analysts were neutral on their outlook for gold as a stronger U.S. dollar offset potential haven appeal, according to the weekly Bloomberg...Read More
By: PlungerIn this report we will look at the state of the stock market and update the condition of a potential bottom in the gold space.Sell in May and Go AwayYou have all heard this Wall Street ditty before and it is now upon us at this moment. Despite this old market rule being an established truism, few actually use it to make money. Instead the daily market action draws investors back i...Read More
Gold will break free from $1270-$1298 range and form a new range anytime soon. Silver needs to trade over $1419 to be in long term bullish zone. Crude oil needs to trade over $57.00 to rise to $63.00 this week. Apprehensions that an all out global trade war will reduce demand for crude oil has resulted in the fall. Crude oil is just a speculative play. Supply pressures from Venezuela, Iran and L...Read More
Authorities from Mexico's Zacatecas state hope to mediate an agreement to end a two-month blockade at the Penasquito gold mine between mining firm Newmont Goldcorp Corp and villagers in San Juan de Cedros.The dispute at Penasquito, Mexico's largest gold and silver mine, has led to losses for public coffers and the firm, as well as lost pay for workers and contractors."Our priority is that the mine...Read More
Trump said the U.S. is "not ready" for a deal with ChinaAll three stock market indexes ended the day lower, erasing early gains amid re-emerging concerns about a lengthy U.S.-China trade spat. Despite recently speculating that the trade war could come to a swift conclusion, President Donald Trump over the weekend said the U.S. is "not ready" to make a trade deal, and hinted at even more tariff hik...Read More
Soliton's tattoo removal device got the FDA green lightBlue chip Visa (V) is outperforming on the Dow today, while investors continue to digest President Donald Trump's trade comments. Three other stocks making moves this afternoon are Texas-based Soliton Inc (NASDAQ:SOLY), commodity name United States Steel Corporation (NYSE:X), and streaming concern Roku Inc (NASDAQ:ROKU). Below, we will dive in...Read More
UBER and ZNGA are also seeing unusual options trading todayAs we highlighted in our Midday Market Check newsletter, semiconductor stock Advanced Micro Devices, Inc. (NASDAQ:AMD) is surging today, last seen up 12.1% at $29.63, as investors react bullishly to the company's new line of Ryzen CPUs. Call volume is running in the 96th annual percentile thanks to heavy attention for the weekly 5/31 serie...Read More
Shares of Nighthawk Gold (TSX: NHK) soared 21% to 44 ? in mid-morning trading following news of drill results at the junior's Colomac project in the Northwest Territories. The company has a C$76.5 million market capitalization.The first assay results from its 2019 drill program returned 56 metres of 13.49 grams gold per tonne, including 31 metres of 22.12 grams gold from 238 metres downhole in C19...Read More
Bonterra Resources, based in Val d'Or, Quebec, has released a new resource estimate for its three projects - Gladiator, Barry and Moroy - in the Urban Barry camp about 200 km northeast of Val d'Or.For all the deposits, the indicated resource is 3.2 million tonnes averaging 6.33 g/t gold and containing 643,000 oz. of gold. The inferred resource is 6.2 million tonnes averaging 7.04 g/t and containin...Read More
Toronto-based Alamos Gold has received the amended permit for expansion of the Island Gold mine to 1,200 t/d from the provincial Ministry of the Environment, Conservation and Parks. The mine is located about 83 km northeast of Wawa, Ontario, Canada.Alamos said the permit was received ahead of schedule. Underground mining rates are to reach 1,200 t/d in 2020, and the company is seeking ways to reac...Read More
Montreal-based Sirios Resources is enjoying bonanza gold grades from drilling at its Cheechoo property in the Eeyou Istchee James Bay region.Vein 112 yielded the highest grade in hole CH19-240: 25.5 g/t gold over 6.8 metres, including 187.0 g/t over 0.8 metre. Hole CH19-245 returned 18.9 g/t over 1.0 metres.Again hole CH19-245 in the Jordi zone returned 106.0 g/t gold over 1.3 metre. When CH19-240...Read More
Gold and silver futures on Tuesday posted losses for a second straight session, with strength in the dollar and modest gains in the U.S. stock market pushing down prices for the precious metals after last week's gains. An upbeat economic reading added to the downbeat tone for haven metals. U.S consumer confidence rising near 18-year highs "isn't helping gold prices, but the real driver is inflati...Read More
Gold and silver futures on Tuesday posted losses for a second straight session, with strength in the dollar and modest gains in the U.S. stock market pushing down prices for the precious metals after last week's gains. An upbeat economic reading added to the downbeat tone for haven metals. U.S consumer confidence rising near 18-year highs "isn't helping gold prices, but the real driver is inflati...Read More
The best part? It's risk-free. In an explosive report a former Lehman Brothers executive reveals one of Wall Street's most closely guarded investing secrets.The secret?A proven system for turning small sums of cash into vast windfalls of profits-without risking a penny in the stock market.Essentially, this system uses the latest advances in computer science and financial technology to give inve...Read More
The short seller claims to have proof of "manipulated financials"African e-commerce issue Jumia Technologies (NYSE:JMIA) is seeing unusual options volume today, after short seller Citron Research once again weighed in on the firm. Just a few weeks after calling JMIA stock "worthless" and accusing the company of fraud, Citron today said it now has "indisputable evidence" of "manipulated financials...Read More