By: David HaggithThe US stock market is slightly overbought (which is not a positive in terms of head room for more of a rally).It's massively built up on debt that is now more expensive to maintain and/or obtain.The Fed is still rapidly tightening money supply and says it will continue to do so for several more months.Interest rate increases and money tightening that already happened through th...Read More
If you've been following the news lately, you've heard that popular ride-hailing app Uber is planning to go public. Uber is reportedly seeking to raise about $10 billion in a deal that could value the ride-hailing giant at $100 billion. Experts predict it could be one of the biggest IPOs in history. This news got me thinking about the rise of ride-hailing services over the past few years and how m...Read More
Apr 23, 2019 Guest(s): Andr?(C)e St-Germain CFO, Integra Resources The financing environment is not what it was in the mining space, as juniors continue to face headwinds in raising capital, this according to Andr?(C)e St-Germain, CFO of Integra Resources. "When I started in this industry about ten years ago, any mining company with a project, any project, could raise a lot of equity. These days...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
"We are putting clear, strong mandates. The first of any major city on the Earth to say to building owners, 'you got to clean up your act, you got to retrofit, you got to save energy.Continue...Read More
The downside potential in precious metals discussed last week is playing out as Continue...Read More
Apr 24, 2019 Guest(s): Sylvia Carrasco CEO, Founder, Goldex Technologies Retail gold investors have been staying on the sidelines, favoring equities markets still, while they set aside the possibility of a recession, said Sylvia Carrasco, CEO and founder of Goldex Technologies. "If you look at the recent retail investment sentiment, since March, it has gone up. Why, because stocks are now going...Read More
Stephanie Landsman| @stephlandsmanPublished5:00PM ET Sun, 21 April 2019CNBC.com show chapters As gold prices sink to worst levels of year, Standard Chartered predicts a test of 2018 highs 5:03PM ET Thu, 18 April 2019 |02:21 One of Wall Street's top metals expects predicts gold will breakout this year.With gold prices sinking to 2019's lowest level last Thursday, Standard Chart...Read More
Sandspring Resources (TSXV: SSP; US-OTC: SSPXF) is putting the finishing touches on a preliminary economic assessment (PEA) for its Toroparu gold project in Guyana that rescopes the project's prefeasibility study (PFS), and includes a third gold pit. It aims to table the study in a couple of months."All we're really doing is building this same concept, the same conceptual operating plan that we ha...Read More
The Gold Juniors Index broke below key support last week at $30.20.At the same time as this is occurring, the Gold Miners Bullish Percent Index is also showing signs of weakness.These developments do not bode well for the index medium-term, and I continue to remain underweight the sector.After a reasonable start to the year for the Gold Juniors Index (GDXJ), the bears have reared their ugly heads...Read More
Researchers from Kent Business School published a paper this week in the journal Environmental Science and Pollution Research where they state that increased demand for solar panels causes silver prices to spike.The researchers say that if silver prices go way too high, other materials such as copper and aluminium may start to be used in the development of solar panels.After analyzing a series of...Read More
Gold tries to rally, but the Fed stands in the way.The markets expected too much from the central bank.The critical levels to watch on the downside.Rising rates are toxic for gold, but there is a big hand holding the dollar down.Looking to buy NUGT on any washout.Gold traded to a high at $1344 on the nearby COMEX futures contract in 2019 after hitting a high at $1365.40 in 2018. Last year's peak c...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
Frank Holmes, CEO and chief investment officer of U.S. Global Investors, speaks to Streetwise Reports about the fundamentals for gold, his company's funds and a handful of companies on his radar screen. Streetwise Reports: Since the beginning of the year, gold has been trading fairly narrowly in the $1,300 range. What are some of the macro factors working behind this and how do you believe they'll...Read More
Discussed in this interview:04:42 The missing $21 trillion from DOD and HUD07:05 Checkered history of the Exchange Stabilization Fund15:46 2008 financial crisis: Sub-prime debt rated AAA20:09 Why Bear Stearns was 'chosen' as the fall guy in 2008 financial crisis23:44 The Long-Term Capital Management debacle25:37 When AAA-rated paper failed for the first time31:40 Lack of primary silver mines evide...Read More
"We are aware of the government's statement regarding the temporary blocking of social media platforms. People rely on our services to communicate with their loved ones andContinue...Read More
Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries. Read More
Adam HamiltonArchivesApr 19, 2019 The great euphoria emanating from these near-record-high stock markets is breathtaking. Traders are again convinced stocks do nothing but rally indefinitely. That everything-is-awesome mindset has stunted gold's latest upleg, since there's no perceived need for prudently diversifying stock-heavy portfolios. But that psychology can change fast, as we saw a half-yea...Read More
Max interviews Wolf Richter of WolfStreet.com about interest rates, property markets, Uber's IPO and the future outlook for Amazon and Netflix.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Spe...Read More
Michael Rowley, CEO of Group Ten Metals, sits down with Maurice Jackson of Proven and Probable to provide an update on the company's exploration efforts. Group Ten geologists inspect the mafic-ultramafic series above Sibanye-Stillwater's Stillwater MineMaurice Jackson: Joining us today is Michael Rowley, president and CEO of Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTC), which is known for platin...Read More