A new and improved stock market in 2019.The Fed's change of heart provides support.Gold has shined in 2019.Gold stocks are outperforming the S&P 500 since mid-September.Markets rarely move in a straight line.On Wednesday, February 20, the US Federal Reserve released the minutes of the most recent Federal Market Open Committee meeting. In their statement that followed the meeting and the minute...Read More
(Adds Newmont CEO interview comments)By Ernest ScheyderHOLLYWOOD, Fla., Feb 25 (Reuters) - Barrick Gold Corp's chief executive defended the world's largest goldproducer's hostile $18 billion bid for Newmont Mining Corp , saying on Monday the deal is "logical" for an industrybattling high costs and depleting resources.Barrick, which recently completed a $6.1 billion acquisitionof Africa-f...Read More
* FTSE 100 up 0.1 pct, reversing early gains* FTSE 250 down 0.1 pct * Bank stocks biggest boost to main index * Persimmon leads sell-off among housebuilders* Centamin slips on mid-caps (Changes analyst comment, updates closing prices)By Muvija M and Shashwat AwasthiFeb 25 (Reuters) - London's blue-chip index squeezed outgains on Monday as banks got a boost from comments about apossible Brexit dela...Read More
Canada's Barrick Gold (TSX:ABX)(NYSE:GOLD), the world's second-largest bullion producer, is going hostile in its bid to acquire U.S. rival Newmont Mining (NYSE:NEM) and create a mega-gold corporation with a $17.8 billion all-share offer.The move, announced before markets opened on Monday, increases the potential for a three-way fight among some of the world's largest gold miners, and comes after N...Read More
Gold is up 3.3% this year. Gold, which can rise when investors expect inflation, has done well in 2019 a the Federal Reserve has decided to pause on lifting interest rates. "Funds are probably under invested in Gold right now," Gold Fields Limited (GFI) CEO Nick Holland said. "It's a good buy," he joked. But on a serious note, Holland mentioned Gold plays well for investors agai...Read More
Berkshire Hathaway (BRK.B) (BRK.A) has big investments in major companies -- Apple (AAPL) , American Express Company (AXP) , Bank of America (BAC) and more. It didn't make its fortune on gold bars -- as chairman Warren Buffett points out in is his annual letter to shareholders, giving warning to those ready to give up on American ingenuity and to give into predictions of nationa...Read More
Bob Moriarty ArchivesFeb 25, 2019An old friend of mine from Gold Standard, Ltd, named Jonathan Awde contacted me recently and wanted me to look into a company he had helped form named Barksdale Capital (BRO-V) with a Tier 1 copper project in the south of Arizona. That sorta rolls off your tongue, doesn’t it? And sounds pretty rich.Readers may be familiar withSouth32, a billion dollar mining...Read More
"A statistician is someone who can draw a straight line from an unwarranted assumption to a foregone conclusion." Anonymous "You know a country is falling apart when even the government will not accept its own currency." Jim Rogers, financier, adventure capitalist, b. 1942 "The generally accepted view is that markets are always right - that is, market prices tend to discount future development...Read More
By: Keith Weiner, Monetary MetalsAyn Rand famously defended money. In Atlas Shrugged, Francisco D'Anconia says:"So you think that money is the root of all evil? . . . Have you ever asked what is the root of money? Money is a tool of exchange, which can't exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal wit...Read More
SWOT Analysis: Will Hedge Funds Ramp Up Their Bullish Gold Bets? StrengthsThe best performing metal this week was palladium, up 4.74 percent with platinum on its heels up 4.32 percent with the South African mining industry warning of a week-long strike threat. Gold makes a second consecutive weekly gain. Futures of the yellow metal rose as much as 1.6 percent on Tuesday to the highest for a mos...Read More
By: Ira Epstein$1,301.60 swing point key to current uptrend:Read More
Feb. 22nd, 2019(S14-E684)Featured GuestsDr. Stephen Leeb& Michael PentoPlease Listen HereBest selling author, and show Mentor, Dr. Stephen Leeb returns with an even more robust outlook on precious metals.Dr. Leeb feels the trade war between the US / China will be resolved amicably without undo distress to either nation.The narrative includes the musical accomplishments of Glenn Gould, a most r...Read More
I'd love to tell you that bulls have been sniffing glue and that they are long overdue for a brutal comeuppance. However, it turns out they are anything but wild-eyed, and their expectations are relatively subdued. AIAA's most recent survey found that 35.3% of investors are 'neutral' right now the highest percentage in seven months. As for bulls, they are at 39.3%, only slightly above the...Read More
A bill to collect DNA and allow Arizona state agencies to use it for various purposes has been amended to only require DNA from healthcare workers. But investigative journalist Ben Swann raises concerns the amended bill still violates human rights. He chats with RT America's Manila Chan.Read More
Continue...Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More
We write to express our concern over the national security threat products manufactured by Huawei Technologies Co., Ltd. (Huawei) pose to our nation's critical energy infrastructure. Continue...Read More
Andraya Yearwood - a 17-year-old biological man who identifies as a woman - won second-place earlier this month at Connecticut's indoor track girls' 55-meter sprint. Continue...Read More
Chris Howard is Executive Director in charge of the bullion division at The Royal Mint in the U.K.Read More
Barrick Gold may just be trying to lower Newmont MIning's share price enough in order to do a proper bid, said Pierre Lassonde, chairman of Franco-Nevada. "What's happening has never been seen in history. Frankly, it's the first time I've ever seen a hostile [takeover] at a discount to the stock price," Lassonde told Kitco News at the BMO Global Metals & Mining Conference.Read More
The findings suggest the potential for additional discoveries in this metals-laden district. Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTC) reported in a news release it intercepted platinum and palladium mineralization at the Chrome Mountain and East Boulder targets at Stillwater West, its flagship project. These results are from 2018 Stillwater exploration programs, historical data analyses and...Read More