Apr 16, 2019 Guest(s): Clive Johnson President & CEO, B2Gold It could potentially be "dangerous" to rely on higher gold prices to be profitable as a miner, said Clive Johnson, CEO of B2Gold. "I've never been a gold bug, I've never believed that gold has to go higher, because I think that as a CEO of a gold mining company that would be a dangerous thing, because you could potentially do a deal th...Read More
The Department of Defense is the world's worst bookkeeper. The books are so atrocious that they are wrong about everything and it's impossible to detect just how bad Continue...Read More
Chart NotAvailableSymbol DataSymbolCurrencyASX:IRCAUDDescriptionIntermin Resources are a gold focused junior, late stage development companyLogin or Subscribe to access Don's SummaryAlert me when stock is updatedQuick LinksLogin to accessGeneral DetailsFinancial04/15/2019LastAnalysisDataCurrent DataChangeItemValueValueUpdatedValueMkt. Cap (FD):$21.61M$21.56M04/15/2019$-0.05MTotal Assets:$17.93M$17...Read More
It is the ides of April... April 15... Tax Day.That is, the date by which Americans must appear before the Internal Revenue Service... and empty their pockets.Out must come poker winnings, bingo jackpots, lemonade stand sales, cash gratuities - everything, A through Z.If taxes are the price to pay for civilization - as Justice O. W. Holmes babbled in 1904 - we must conclude the United States is a...Read More
The questions first-time precious metals buyers ask mostoften are "what should I buy?" and "how do I get started?"We have covered these questions many times over the years, but they are worthreconsidering from time to time. The very first rule of precious metalsinvesting is to avoid collectible coins and buy low-premium bullion(non-collectible) products instead. ...Read More
It was a big surprise. The dovish surprise. In March, Powell doubled down on its accommodative stance. Does he know something we are not aware of?We invite you to read our today’s article about the recent Fed’s U-turn and find out whether it will support the gold prices.Three months can make a big difference! In December 2018, the Fed raised the federal funds rate and signaled another...Read More
US Gasoline prices have shot up 15% to 30% or more over the past 4 weeks as the Summer Blend hits the markets and consumers continue to stay shocked at the increase. In California, prices shot up from near $3 per gallon to over $4 a gallon over a 7-day span. Every year, when the Summer Blend of Gasoline hits the markets, we expect a price increase that is associated with this change.&n...Read More
Gold faces dual challenge from strong dollar, fading safety demand.Next few days will seriously test gold's important 120-day trend line.Gold's longer-term safety bid should remain intact, however.Gold is facing its toughest test since its recovery began last October. After having to fight the headwind created by a resurgent U.S. dollar in the last two months, gold's safety factor is now b...Read More
Gold producer Metallon Corp. halted output at three of its four mines in Zimbabwe because of mounting debts, as a South African newspaper reported the owner is considering selling the operations.The suspension is the latest sign of stress in the southern African nation's gold industry, which has been hampered by a shortage of foreign exchange. Zimbabwean laws force producers to sell their metal to...Read More
Gold has faded from interest in the past couple months, overshadowed by the monster stock-market rally. But gold has been consolidating high, quietly basing before its next challenge to major $1350 bull-market resistance. A decisive breakout above will really catch investors' attention, greatly improving sentiment and driving major capital inflows. With gold-futures speculators not very long yet,...Read More
Researchers at Sweden's Chalmers University of Technology have developed the first hydrogen sensors ever to meet the future performance targets for use in hydrogen-powered vehicles. The device is capable of detecting 0.1 percent hydrogen in the air in less than a second.In a study published in the scientific journal Nature Materials, physicists Ferry Nugroho, Christoph Langhammer and other colleag...Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up Frank Holmes of U.S. Global Investors joins me to update us on some of the best value propositions he sees in the markets. He also reveals why he’s very bullish on the metals right now and why he expects the next leg higher to happen in the blink of an eye. Don’t miss another wonderful conversation with...Read More
The era of fiat currencies and central bank printing presses has desensitized us to massive leverage and its implications. So when it is reported, for instance, thatContinue...Read More
'If the Fed had done its job properly, which it has not, the Stock Market would have been up 5000 to 10,000 additional points, and GDP would have been well over 4% instead of 3%... with almost Continue...Read More
Former Federal Reserve chairman, Alan Greenspan issues a warning about the United States' inability to curb their entitlement spending. Greenspan says that the economy Continue...Read More
Jason talks about Franco Nevada (NYSE:FNV), which, in his opinion, is the most bulletproof, gold stock. However, the stock is almost never cheap. The company, which re-IPOd in 2007 has over 100 producing assets generating cash flow and has 11 straight years of progressive dividends.Read More
Bob Moriarty of 321 Gold explains why he believes this company with a gold project in Fiji has "extraordinary potential." Lion One's Tuvatu ProjectEvery few years I come across a company that has extraordinary potential. I've just found another one and it may be one of the best yet.NOVAGOLD Resources Inc. (NG:TSX; NG:NYSE.MKT) was the first I came across. They were about $1 when I first wrote abo...Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up Frank Holmes of U.S. Global Investors joins me to update us on some of the best value propositions he sees in the markets. He also reveals why he’s very bullish on the metals right now and why he expects the next leg higher to happen in the blink of an eye. Don’t miss another wonderful conversation with...Read More
James Hyerczyk14 hours ago (Apr 12, 2019 10:36 AM GMT)Gold futures are trading slightly higher on Friday shortly before the regular session opening. The market is also trading inside Friday’s range after failing to follow-through to the downside following yesterday’s steep drop. The price action suggests that Thursday’s sell-off may have been an over-reaction to yesterday ...Read More
Investing.com - Gold prices recovered slightly on Friday in Asia, but still traded below the key $1,300 level and are now near its lowest level of the month.Gold futures traded on the Comex division of the New York Mercantile Exchange were up 0.2% at $1,295.75 per ounce by 12:45 AM ET (04:45 GMT).Strong U.S. labor and inflation data released overnight were cited as headwinds for the safe-haven gol...Read More