An exploration company focused on southern British Columbia releases its first drill results. Jiulian Resources Inc. (JLR:TSX.V) reported the results from the first two diamond drill holes at its Big Kidd property, which is located near Merritt, in southern British Columbia. According to the company, "all holes to date have intersected appreciable widths of Au-Cu porphyry style mineralization and...Read More
This decision comes after several years of ongoing exploration and development at the site. The boards of MAG Silver Corp. (MAG:TSX; MAG:NYSE.MKT) and joint venture (JV) partner Fresnillo, as well as the shareholders of the JV entity itself, Minera Juanicipio, all approved advancement of their Juanicipio project in Zacatecas, Mexico, MAG announced in a news release. MAG owns 44% of the project, a...Read More
The sale is a way for this company to realize value from a noncore asset. Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) announced in a news release it agreed to sell its interests in the Olary Creek magnetite project in south Australia.The divestiture includes a 51% tenement interest, a 47% interest in iron ore and manganese rights and a 100% interest in other commodities.In exchange, the acqui...Read More
Precious metals expert Michael Ballanger, along with discussing Winston Churchill's brilliance with the English language, covers recent moves in the market and a uranium company that he believes is well situated. "'Success consists of going from failure to failure without loss of enthusiasm." - Sir Winston ChurchillThroughout history, society has always canonized certain political, military, and...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
StrengthsThe best performing metal this week was palladium, up 0.24 percent as hedge funds cut bullish positioning to a six-month low, perhaps resetting expectations. Gold traders turned heavily bullish this week after being neutral last week as the Federal Reserve signaled interest rates will be on hold, ac...Read More
Dear Friend of GATA and Gold:Thanks to Zero Hedge for calling attention tonight to the interview of the Zurich-based financial letter The Market with James Grant, editor of Grant's Interest Rate Observer, wherein Grant remarks that the Federal Reserve is manipulating the stock market up and interest rates down. Grant calls the latter rigging "very near to a crime."But as always Grant has nothing...Read More
Investors have thrown caution to the wind as they bid up FAANG stocks to imprudent heights and provide overly generous bids for a few others that face serious jeopardy, including Tesla and Boeing. Even so, the herd evidently had second thoughts about one stock on Friday, pummeling the shares of Netflix when competitor Disney announced a new streaming service that will be bargain priced at $6.99...Read More
Paying with your debit card might seem like a responsible move. After all, getting in the habit of whipping out your credit card whenever you have to make a purchase might lead to overspending.But from a security standpoint, paying with a credit card is actually the better move.By the end of this year, credit and debit card fraud is expected to reach $33B globally. While a criminal can steal your...Read More
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