Already legal in 30 states, the tide is turning for medical marijuana.It seems like everyone is looking for a way to make money from the legal marijuana boom...But many don't want to roll the dice and risk their hard-earned money on a penny stock, or spend hours learning how to buy shares of a grower on some Canadian exchange.But there is good news.Marijuana profit-sharing plans are here, and one...Read More
* FTSE 100 down 0.1%, FTSE 250 up 0.4% * Tobacco cos, drugmakers lead losses on main index * NMC up after hiking FY forecast * Galliford gains after snubbing Bovis' offer for units * Thomas Cook surges after Berenberg ups rating (Adds news items, analyst comment, updates share prices)By Shashwat AwasthiMay 28 (Reuters) - A drop in blue-chip tobacco stocks aftera report showing declining cigarette...Read More
A financial re-set could lead to the biggest political event in decades.The American financial system may be headed towards a crisis, unlike anything the U.S. has seen in the last 50 yearsOne financial guru is predicting a political event that could "reset" the financial system in ways that many Americans will never predict -- and it could lead to "a national nightmare."With growing inequality cau...Read More
Use gold to protect any IRA, 401(k), or retirement account from a looming financial crisis. Every American needs to learn how to protect and secure their retirement against the worst stock market crash in history, and this IRA/401KInvestment Guide 2019 is one way the average American can help protect their investments in the event of a crisis.Jim Rickards is the nation's most vocal and intellig...Read More
Shareholders of both precious metals miner Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) and struggling rival Lonmin (LON:LMI) approved on Tuesday the planned merger of the companies, effectively creating the world's largest platinum producer and the second-biggest palladium miner.Sibanye-Stillwater said that 87% of its shareholders backed the all-share offer, which it revised down in April, valuing t...Read More
Canada's Barrick Gold (TSX:ABX)(NYSE:GOLD), the world's second largest producer of the precious metal, said it was considering a $1 billion expansion of its Pueblo Viejo mine in the Dominican Republic in a 60-40 joint venture with Newmont Goldcorp (NYSE: NEM)(TSX: NGT).Having recommitted Barrick to its Latin American portfolio earlier this year, president and CEO Mark Bristow said the company...Read More
Canada's Barrick Gold (TSX:ABX)(NYSE:GOLD), the world's second largest producer of the precious metal, said it was considering a $1 billion expansion of its Pueblo Viejo mine in the Dominican Republic in a 60-40 joint venture with Newmont Goldcorp (NYSE: NEM)(TSX: NGT).Having recommitted Barrick to its Latin American portfolio earlier this year, president and CEO Mark Bristow said the company...Read More
As trade tensions persist, a potential weapon in China's arsenal has emerged: Access to rare earth metals, a critical component of many technology products. China is the primary source of rare earths for manufacturers around the world. And this week, speculation emerged in the Chinese press that, at the very least, the notion of slapping restrictions on rare earth exports is unde...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comMay 28, 2019 The fear trade for gold continues to gain fundamental strength.The technical picture is also solid.Pleaseclick here now.Double-click to enlarge.Gold is poised for significant upside action in the second half of this year. A large bull wedge is in play as institutional invest...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
COLORADO SPRINGS, Colo., May 28, 2019 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced the continued expansion of the Arista Mine's Switchback vein system. High-grade mineralization intercepted 175 meters along the northern strike and 200 meters up-dip in vertical elevation significantly expanding the Arista Mine. Drill intercepts include 11...Read More
How to avoid becoming collateral damage in the coming crashBy: Adam TaggartSometimes you really do find enlightenment at the top of the mountain.I spent this week hiking in Montana's Bitterroot mountain range, as a participant in the pilot run of a new personal-growth-through-adventure-travel startup.In our group was a famous professional cyclist, who had been a superstar on the Tour de France...Read More
DaBoyz showed a deft touch as the week drew to a close, guiding the broad averages to a respectable close even thought there were no buyers around. Stocks often soar ahead of summer holidays, but this Memorial Day weekend they seemed challenged merely to stay in positive territory. Although there were no aggressive bids in evidence, especially for tech stocks, neither were there any urgent selle...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
The news coming out of Europe was quite shocking. Even though the EU Members of Parliament have little or no authority over actual EU governance, the Euro Skeptics clearly carried the day. In little more than 45 days since its formation, Nigel Farage's Brexit party won a commanding majority, beating out the Tory and Labor parties by a wide margin. This process was repeated in France and Italy. It...Read More
Today's guest, Lior Gantz, joins us to share his thoughts on the threat against employment and strategies on how to thrive in the new economy.Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has traveled to over 30 countries in the past decade in pursuit of thrills and opportunities, gaining valuable knowledge...Read More
Is this the chart that shows what Mike Maloney has been forecasting for the last few years? Link to Bloomberg article: https://www.bloomberg.com/news/articl...Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment education companies....Read More
A key component of the ransomware being used by hackers who are holding the city of Baltimore hostage was developed by the NSA. Now, city leaders are demanding answers. Read More
Links to slides and sources: https://www.itmtrading.com/blog/hyper...Question 1. John D: If the USD hyperinflates, how do you see this impacting the payment of property taxes? In this scenario, is the American Silver or Gold Eagle a viable payment instrument? That is, would the local government office be legally bound to accept Eagles for payment of taxes?Question 2. William W: OMG! In 2008 the pr...Read More