Jun 17, 2019 Guest(s): Karr McCurdy Partner, Rock Elm Capital The junior mining space is experiencing a cash crunch, but this won't stop investors from returning to precious and base metals should miners wide the wave of industrialization, this according to Karr McCurdy, partner at Rock Elm Capital. "I think investors will look at alternative asset classes if they're frustrated with lackluster r...Read More
What's better than GOLD?In the wake of two mega-mergers that have reset the gold industry, one small detail has delighted Mark Bristow, Barrick Gold Corp.'s chief executive officer: His company's ability to secure the rights to trade its stock under the ticker GOLD in New York.Barrick and newly merged Newmont Goldcorp Corp. are in a race to lure back generalist investors who fled the gold sector y...Read More
A paper published in the journal Resources Policy states that bonus schemes for middle management employees in mining companies play a role in tailings dams failures.According to the research article, such compensation packages actively encourage managers to cut costs and increase production, as the material decisions that put into motion such measures lay in their hands and positive results would...Read More
Ladies and Gentlemen, we have a tie! The current expansion already goes on 120 months, the same as the economic boom lasting from March 1991 to March 2001. However, in the previous edition of the Market Overview, we suggested that the current expansion still has room to run. After all, the ongoing boom is very long, but this is because it is very weak. If the US economy is to replay the robust rec...Read More
As we close out another week, I'm currently in Toronto, the mining finance capital of the world. But at the moment, all eyes are on the Toronto Raptors, now the most valuable sports franchise in Canada as they make their way through the NBA Finals.The whole country of Canada has rallied around this international team, which has players from all over and whose main superstar, Kawhi Leonard, previou...Read More
Scientists at the US Lawrence Livermore National Laboratory created ultra-low density gold, silver and copper foams to give physicists better X-ray sources to employ in experiments at the National Ignition Facility.This facility is a large laser-based inertial confinement fusion research device that uses lasers to heat and compress a small amount of hydrogen fuel with the goal of inducing nuclear...Read More
Critics of modern monetary policy have been predicting that the day would come when a central bank would cut interest rates (or at least promise to), and the financial markets, insteadContinue...Read More
SEASONAL ANALYSISThe most reliable seasonal patterns are for a strong January and February, weak April, May and July followed by a strong August and September which tends to be the best month of the year. Then the trend is expected to continue into the end of the year with variable reliability for October and November. So how has the gold price performed this year against its seasonal pattern ?Th...Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up David Morgan of The Morgan Report joins me to discuss the ticking time bomb that is the trade war with China, why he believes flooding in the Midwest could lead to serious price inflation in food, and also gives us his outlook for the precious metals. Don’t miss my conversation with our good friend David Morga...Read More
Ladies andGentlemen, we have a tie! The current expansion already lasts as long as the economic boom that started in March 1991 and endedin March 2001. We invite youto read our today’s article, which compares both expansions and find out whetherthe current boom will be better for gold than the 1990s. Ladies andGentlemen, we have a tie! The current expansion already goes on 120 months, t...Read More
"It's a mess now, but it will be a mess when we come home, too. And we just need to acknowledge that our original mission was to go after those who plottedContinue...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended higher Friday as weak job numbers lifted hopes for a interest rate cut from the Federal Reserve. Zoom Video Communications (ZM) surged after posting stronger-than-expected first-quarter profit in its first-ever report as a public company. Zoom Video is Real Money's Stock of the Day. Beyond M...Read More
The Friday Market Minute US stocks hold gains after weaker-than-expected May jobs report boosts bets on multiple Fed rate cuts.US employers added 75,000 net jobs last month, while average hourly wage growth slowed to 0.2% and the headline unemployment rate held at 3.6%.Vice President Mike Pence calls negotiations with Mexico "encouraging" and says they will continue as investors hope fresh tarif...Read More
Bob Moriarty of 321 Gold explains why he believes this exploration company could be a good bet. I wrote a new book for resource investors in January of this year called Basic Investing in Resource Stocks. In it I predicted that 2019 would be the year the everything bubble would be popped and our lives changed in a big way for a long time.Should my prediction of doom be accurate, I will go down in...Read More
The assays show high grades and mineralization continuity. Kerr Mines Inc. (KER:TSX; KERMF:OTC; 7AZ1:FRA) announced in a news release additional positive drill results from its Copperstone gold project in Arizona. Generally, the "results are upgrading and expanding our currently defined resources beyond the various mineralized domains with both high grades and further continuity," CEO Giulio Boni...Read More
TREND ANALYSISThe gold price trend off the February $1350 high to the recent low of $1269 appears corrective which implies that the Gold price should at least resolve in a trend back to $1350. The downtrend so far has retraced 44% of the rally to $1350 which suggests that downside is limited to 50% at $1259 that is confirmed by recently constructed support in the $1270 region. So it appears the Go...Read More
Gold surged sharplyover this past week or so, nearing a major bull-market breakout! Nearly everyone was surprised by this violentawakening, which erupted suddenly as gold languished around year-to-date lows. If this dramatic rally has staying power,gold has good odds of achieving decisive new bull-market highs. That would change everything psychologically,ushering gold and its mi...Read More
We asked our researchers a question recently, “Could Goldrally above $3750 before the end of 2019?”. We wanted to see what type of research they would bring to the tablethat could support a move like this of nearly 200% from current levels. We wanted to hear what they thought it wouldtake for a move like this to happen and if they could support their conclusionswith factual...Read More
Physicalprecious metals serve a unique role in an investment portfolio. Unlike stocksand bonds, gold and silver coins can be held entirelyoutside of the financial system. They carry zero counterparty risk. They arethe ultimate “buy and hold” safe-haven assets. Unfortunately,investors must often navigate through a barrage of fake news, myths,misinformation, and fraudulent pitches surrou...Read More
Have you run up a huge hospital bill that you're having difficulty paying? The stress can be overwhelming, especially while you're recovering from a complicated procedure and feeling like you've been hit by a truck. But you're not alone… The Consumer Financial Protection Bureau (CFPB) found that 43 million Americans have overdue medical debt on their credit reports. You may have already ple...Read More