Shares in Mexico-focused precious metals miner Fresnillo (LON:FRES) took a hit Tuesday after the company warned of possible lower prices, higher inflation and worsening foreign exchange rates in 2019.The company also disappointed investors by missing its long-term production target of 65 million ounces of silver, due mainly to lower than expected grades at its Fresnillo and Saucito mines.There we...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average trimmed its gains to close modestly higher Monday after Donald Trump said he would delay increasing tariffs on China-made goods.General Electric Co. (GE) will sell the biopharma portion of its life sciences business to Danaher Corp. (DHR) for $21.4 billion in cash. GE shares jumped 6.4%. Swiss p...Read More
Mining Stocks BookA review on the e-book Mining Stocks Guide.Mining Stock Investment Guide ReviewNew to the Sector? This is the Resource You've Been Looking ForThe Mining Stocks Investor Guide (MSIG) is a must-read for those who are new to the mining sector. In fact, in all my reading I haven't found another book that summarizes each of the primary topics associated with mining stocks investment l...Read More
Bob Moriarty ArchivesFeb 26, 2019A young and newly listed junior with a very interesting gold project nearYellowknife contacted me recently. It’s an interesting company with a historic resource of 85,000 ounces of gold at a grade of 12 g/t, almost $1 million in the bank and a total market cap of under $3 million. They are hard at work doing the groundwork necessary before beginning a drill p...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comFeb 26, 2019The biggest driver of major markets right now is the possibility of a US-China trade deal.On that note, please click here now.The US government’s wild launch of tariff taxes caused global markets to swoon in the first half of 2018.Gold and the Chinese stock market were hu...Read More
By: Stefan GleasonMore than a decade after the 2008 financial crisis, U.S. monetary policy continues to operate in crisis management mode.Despite a long, drawn out rate-hiking campaign - now paused - the Federal Reserve has yet to bring its benchmark interest rate up to normal levels historically.It has yet to unwind the vast majority of the nearly $4 trillion in emergency asset purchases added...Read More
1. The biggest driver of major markets right now is the possibility of a US-China trade deal.2. On that note, please click here now. The US government's wild launch of tariff taxes caused global markets to swoon in the first half of 2018. Gold and the Chinese stock market were hurt more than a lot of other markets.3. Gold has done well with QE, QT, falling rates, and rising...Read More
By: Dave KranzlerI don't know if it was the intent of the Fed, but Jerome Powell has managed to trigger a rush into stocks more frenzied than the one that engulfed the last days of the dot.com/techbubble. The vertical ascent since Christmas in the Dow/SPX is unprecedented on a percentage basis over an 8-week period of time. All sense of logic, sound analysis and fear of risk has disappeared. I d...Read More
Dear Friend of GATA and Gold:Financial letter writer Mark Hulbert never offers a good word about gold, which is fine, but then never offers a relevant one either. This practice has turned him into a mere propagandist.In his essay today at MarketWatch, headlined "Why Gold Won't Save Your Portfolio from Inflation's Bite" --https://www.marketwatch.com/story/why-gold-wont-save-your-portfolio-from......Read More
In my last article, "The Bears Have it Right: Economy went Polar Opposite of Bullish Predictions," I laid out my first prediction for 2019 a recession by summer. I don't want the following revelations and facts that I have since come across to get lost in comments I recently posted to that article, so I'm bringing them all together here.How bad was 2018?The Wall Street Journal just said it wa...Read More
Gold Resource Corporation (NYSE American: GORO) (the "Company") updated its annual reserve estimates as of December 31, 2018, increasing its proven and probable reserve tonnes at both its Oaxaca Mining Unit and Nevada Mining Unit by a combined total of 18% gold ounces and 14% silver ounces. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oa...Read More
By: IRA EPSTEINGold Price action consolidating in narrowing ranges. 18 day average is key (~1322.70$)Read More
The recent plunge in Heinz-Kraft shares reminds us that even Warren Buffett can make a mistake. A couple of years ago, it might have seemed as though the Sage's portfolio was impervious to downturns, given its heavy focus on the basics: food chain, railroads and insurance companies. As it happens, his bet on such time-tested brands as Oscar Mayer, Jell-o, Kraft Singles, Kool Whip and Cheez-Whiz...Read More
The correction in industrial metals was a case of "buy the rumour and sell the fact". The rumour was a trade deal between USA-China. Now that the trade deal is more or less a done deal, there was profit booking. There can be more corrections in industrial metals and thereafter a period of consolidation. The next big move will be next week around the release of various US jobs numbers. Once detai...Read More
Max talks to Michael Pento of PentoPort.com about the Fed promising permanent QE as a 'normal' policy tool, no longer just 'for emergencies.' 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 Spec...Read More
For years, John Rubino and Kerry Lutz have been covering the dollar, gold and U.S. economy. Today we discuss what keeps these financial educators motivated.John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 198...Read More
Mark Skousen moderates a debate between Peter Schiff and Louis Navellier at the Orlando MoneyShow 2019.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 qu...Read More
In this episode of the Keiser Report, Max and Stacy discuss the impossibility of endless war under hard money and ask whether the millions of deaths made possible with easy inflationary money could be spared under a bitcoin or gold standard. In the second half, Max talks to Michael Pento of PentoPort.com about the Fed promising permanent QE as a 'normal' policy tool, no longer just 'for emergencie...Read More
G. Edward Griffin is an American film producer, author, and political lecturer. He is best known as the author of The Creature from Jekyll Island: A Second Look at the Federal Reserve, a critique of much modern economic theory and practice, specifically the Federal Reserve System.Read More
The U.S. sugar program is "Stalin-style price controls," Ross Marchand of the Taxpayers Protection Alliance tells John Stossel.Read More