Sector expert Michael Ballanger muses on current money market conditions and their impact on prices for the precious metals. I was poring over the Federal Reserve minutes from Feb. 21, and as I was rolling my eyes and looking around my den for something to throw, I was reminded of the comments from then-Fed chairman Ben Bernanke years ago when he was asked if the Fed was "monetizing debt." The re...Read More
A new target for the share price reflects the potential of new targets for the firm, a ROTH Capital Partners note explains. In a Feb. 20 research note, analyst Joe Reagor reported ROTH Capital Partners increased its target price on Auryn Resources Inc. (AUG:TSX; AUG:NYSE) to US$3.25 per share from $3 because "2019 could be a significant year for the company as it examines new targets at Committe...Read More
The Critical Investor explains why this company is one of his favorite holdings. Drilling at Rupice1. IntroductionOne of my favorite holdings, Adriatic Metals Plc (ADT:ASX; 3FN:FSE), is still under the radar for a lot of North American investors, being an Australia listed company. It is my strong conviction this is not really deserved, and this situation might potentially not last very long. As i...Read More
Like all bull markets, the silver bullmarket has different phases, and theses phases have different intensities ofprice growth.There are various indications/signs that silver is going into aphase of the bull market where prices will rise much faster than before. I havecovered some of them in previous articles.Here are a few things to look at. A Drop in the USD/ZAR rate (probablybelow 12)Due to the...Read More
By: Jim Willie CB The Gold suppression game appears finally to be coming to an end. A Perfect Storm is hitting the Gold market, with an internal factor (QE), an external factor (SGE), and a systemic factor (Basel). These factors can be identified, each very powerful, each with a very new recent twist to alter the landscape. All three forces are positive in releasing Gold from the corrupt clutc...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
Two prestigious conferences are just around the corner, PDAC and Thinking North. I am honoured to be speaking at both and I hope to see you there.The annual PDAC Convention is regarded as the premier international event for the mineral industry. In recent years, it has attracted more than 25,000 people from 125 countries and will next be held on March 3-6, in Toronto at the Metro Convention Centre...Read More
Vancouver, British Columbia (February 25, 2019) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce that the Company has reappointed Mr. Dallas Pretty, B.Comm., CA to the Company's Board of Directors."Dallas brings over twenty years of experience in accounting, finance, capital and public markets to Prize and we are very pleas...Read More
Feb 26, 2019 Guest(s): Peter Tagliamonte President & CEO, Belo Sun Mining Miners face a number of issues that aren't solely financial, said Peter Tagliamonte, CEO of Belo Sun Mining. "I think in general, in the world right now, permitting social license is very important," Tagliamonte told Kitco News on the sidelines of the Gold Stock Analyst Investor Day. "I think mining projects, in general, a...Read More
Feb 26, 2019 Guest(s): Jeffrey Pontius CEO & President & Director, Corvus Gold The largest mergers in the mining industry are validation of the precious metals entering an uptrend, but what they really signify is a readiness of large miners buying new deposits, said Jeff Pontius, CEO of Corvus Gold. "When you look at some of these big acquisitions, they all have projects that are in late life, t...Read More
Feb 26, 2019 Guest(s): Rudi Fronk CEO, Seabridge Gold While the senior producers are busy buying each other, investors are diverted away from the fact that these large miners are running out of mine life and need to start buying fresh deposits, said Rudi Fronk, chairman & CEO of Seabridge Gold. "The elephant in the room that nobody talks about, even with these mergers that are going on, is t...Read More
Feb 26, 2019 Guest(s): Keith Neumeyer CEO, First Majestic A major bid, most likely from central banks, is coming onto the market for gold and is affecting silver in a positive way, said Keith Neumeyer, CEO of First Majestic Silver. "I want to see silver really break through $17.50 to $18.00 [an ounce]. I think that's kind of the key number. We did test that level in early 2018 and it failed and...Read More
David Stockman on Real Vision (Feb. 25, 2019)David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deforma...Read More
"Our planet is going to hit disaster if we don't turn this ship around and so it's basically like, there's a scientific consensus that the lives of children are goingContinue...Read More
David believes that 2019 will be a year of extremes for the broader markets in that there will first be a melt-up and then later in the year a meltdown. The dollar is likely to roll-over soon, and he expects gold to rise this year to $1550. A global deflationary bust is coming which will be severe, and it will be like 2008 but on steroids. They will stop it again this time with massive money print...Read More