Cache Exploration (TSX-V:CAY) announced the acquisition of a 100% mineral interest in a gold project in Mali, West Africa.In a press release, Cache said that it signed a definitive agreement with private vendor Rachid Mogabgab and that the acquisition includes an estimated $250,000 in mining equipment previously utilized at the project.To go ahead with the deal, the Vancouver-based firm has to iss...Read More
Tudor Gold (TSXV: TUD) made public this week the 2019 exploration plans for its flagship Treaty Creek project, located in the Golden Triangle of northwestern British Columbia.In a press release, the Vancouver-based miner said the primary exploration target within Treaty Creek is the Goldstorm system."From the southwest corner of the Treaty Creek claims, which are bordering Seabridge's claims, the...Read More
Canada's Hudbay Minerals' (TSX, NYSE: HBM) has settled a long-dragged out boardroom battle with its second-largest investor, Waterton Global Resource Management, which had been pushing for replacing the miner's chief executive officer and overhaul the board.The announcement comes two weeks after Waterton, which holds about 12% of Hudbay, filed a lawsuit against the base metals producer, in a bid...Read More
Investing.com - Gold prices traded near flat on Friday in Asia as traders remained cautious after the U.S. Federal Reserve's decision to keep interest rate decision unchanged.Gold futures for June delivery, traded on the Comex division of the New York Mercantile Exchange, was largely unchanged at $1,272.85 per ounce.The yellow metal recorded its biggest one-day percentage decline in more than two...Read More
Here Are 3 Hot Things to Know About Stocks Right Now Stocks ended lower Thursday as investors continued to react to a statement from the Federal Reserve that suggested U.S. interest rates likely will remain unchanged for the better part of the year. Shares of Dow Inc. ( DOW fell after the company reported a sharp decline in first-quarter profit. Plant-based meat maker Beyond Meat...Read More
The Thursday Market Minute Global stocks slip lower Thursday, as investors react to both the Federal Reserve's rate stance and market closures throughout the Asia region.Fed Chair Powell sees "no strong case" for moving rates in either direction, but comments tied to inflation prospects cast a hawkish tone over an otherwise neutral policy decision.European stocks drift lower amid another active...Read More
Martin LovePosted May 1, 2019In the broadest sense, without all the nuances and other information, this is how things stand very basically regarding the United States:At least $6 trillion (If not $20 trillion which the Pentagon cannot account for) has gone down the drain over the past 20 years or so with the U.S. efforts to gut or destabilize seven countries as per the “Project for a New Ame...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 177,275111,05656,305147,288235,600380,868402,961 Change from Prior Reporting Period 584-28,240-2,994-7,11523,801-9,525-7,433 Traders 16768785458254172 Small Speculators LongShortOpen Interest 49,14327,050430,011 -512-2,604-10,037 non reportable positionsC...Read More
These record US stock-market levels are very dangerous, riddled with extreme levels of euphoria and complacency. Largely thanks to the Fed, traders are convinced stocks can rally indefinitely. But stock prices are very expensive relative to underlying corporate earnings, with valuations back up near bubble levels. These are classic topping signs, with profits growth stalling and the Fed...Read More
By: Dave KranzlerNotwithstanding today's absurdly phony and propagandistic employment report, it's becoming more apparent by the week that the Fed and the U.S. Government are once again preparing to print more money. I don't know when the Fed will revert to more QE but I would argue that the intense effort by the banks to use the Comex as a conduit to control the price of gold is a probable sign...Read More
By: Ira EpsteinLow $1,260's support on gold...Read More
"Who would be free themselves must strike the blow..."By their right arms the conquest must be wrought."So wrote Lord Byron of Greece's war of independence against the Turks, though the famed British poet would ignore his own counsel and die just days after arriving in Greece to join the struggle.Yet Byron's advice is the wise course for the United States, and for the people of Venezuela who see...Read More
Sometimes we're blessed not to possess insider information. Several pointed examples surfaced in the last few days. If we had known, for instance, that Fed Chairman Powell would tell the world on Wednesday that the U.S. economy is holding steady as a rock and that no changes are contemplated in monetary policy, we'd have jumped on call options a day earlier. Lo, the Dow began a 500-point plunge...Read More
TOPICS IN THIS INTERVIEW:02:05 Did Central Banks lose control of the economy?05:25 Warning signs for the next economic meltdown08:25 Is Trump making America great again?12:20 The next economic crash could be the beginning of SocialismJim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one...Read More
Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 177,275111,05656,305147,288235,600380,868402,961 Change from Prior Reporting Period 584-28,240-2,994-7,11523,801-9,525-7,433 Traders 16768785458254172 Small Speculators LongShortOpen Interest 49,14327,050430,011 -512-2,604-10,037 non reportable positionsC...Read More
These record US stock-market levels are very dangerous, riddled with extreme levels of euphoria and complacency. Largely thanks to the Fed, traders are convinced stocks can rally indefinitely. But stock prices are very expensive relative to underlying corporate earnings, with valuations back up near bubble levels. These are classic topping signs, with profits growth stalling and the Fed...Read More
By: Dave KranzlerNotwithstanding today's absurdly phony and propagandistic employment report, it's becoming more apparent by the week that the Fed and the U.S. Government are once again preparing to print more money. I don't know when the Fed will revert to more QE but I would argue that the intense effort by the banks to use the Comex as a conduit to control the price of gold is a probable sign...Read More
By: Ira EpsteinLow $1,260's support on gold...Read More