I'm always on the lookout for leading indicators that can give us an edge over erratic, irrational markets.There are a lot of them.Continue...Read More
Back in 2013 I recall having a bearish view on the stock market due to extremely bullishContinue...Read More
"In the first few years after its introduction, Greece gained hugely from the euro but since 2011 has suffered enormous losses," Continue...Read More
The New York Federal Reserve recently sent out an early Valentine's Day present to a certain group of individuals. However, this gift wasn't to overleveraged American consumersContinue...Read More
LONDON, 25 February 2019 - Comment from BullionVault features today in the latest gold-price update from leading US financial news-site MarketWatch."After falling for the Federal Reserve's line that it would keep raising interest rates in 2019," says BullionVault's Adrian Ash, "the interest-rate market now says it won't even raise once by this time next year."That high level of expectation, says A...Read More
The chief executive officer of Newmont Mining Corp. labeled a potential takeover attempt by rival gold miner Barrick Gold Corp. as a "desperate" and "bizarre" move aimed at complicating his company's pending deal to acquire Goldcorp Inc.In his first interview since Barrick confirmed Friday it has considered a bid for Newmont, Gary Goldberg said he's focused on completing the Goldcorp takeover and...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 rem...Read More
Gold has rallied 12% since last August, but it's still a buy. So are gold mining stocks. The metal and mining companies look like a good hedge against possible global turbulence, stagflation or recession ahead. Gold is a play on possible dollar weakness, too. "I remain very positive and constructive on gold," says Frank Holmes, the CEO and chief investment officer at U.S. Global Investors GROW, +...Read More
Citigroup Inc. said it entered into a financing deal with Venezuela's central bank in 2015 essentially using $1.6 billion of gold held at the Bank of England as collateral.A subsidiary bought the precious metal up front, taking full legal ownership under a contract that requires Venezuela's central bank to periodically buy back portions at predetermined dates, Citigroup said in a filing on Friday....Read More
Scientists are calling on mine operators to restore animal communities when they carry out site rehabilitation programs.According to a paper published in the journal Pacific Conservation Biology, the impact of mining on animals is overlooked as fauna tends to be under-recognized in assessments of restoration success. Based on a global review of literature, the Curtin University study found that ov...Read More
Mining chatter in the Yukon these days is all about the yellow metal. It's been that way for at least 10 years, according to geologist Mike Burke, who spent more than 20 years working for the Yukon Geological Survey before moving to the private sector."People were having a hard time in 2008, and then along came Kinross and bought Underworld Resources. That started an area play," Burke recalls.Now...Read More
The most recent Annual Survey of Mining Companies by the Fraser Institute ranked British Columbia seventh among Canadian mining jurisdictions. But no other province or territory has had two new precious metal mines reach commercial production less than 15 months apart over the last two calendar years.In July 2017, Pretium Resources (TSX: PVG; NYSE: PVG) launched commercial production at its high-g...Read More
Fitch Solutions' industry trends analysts have revised Canada's 2019 gold mine production growth forecast up to 6% from 2% predicting production to grow robustly as new projects come online over the coming quarters.Canada's dominance in attracting exploration investment has resulted in a strong gold project pipeline set to come online in 2019. Over the past decade, Canada has been able to attract...Read More
Fitch Solutions' industry trends analysts have revised Canada's 2019 gold mine production growth forecast up to 6% from 2% predicting production to grow robustly as new projects come online over the coming quarters.Canada's dominance in attracting exploration investment has resulted in a strong gold project pipeline set to come online in 2019. Over the past decade, Canada has been able to attract...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 rem...Read More
Dear Friend of GATA and Gold:From GATA's point of view the problem with mainstream Western news organizations isn't so much "fake news" as suppressed news.Since the selection of every serious news story is essentially a political act, heavily influenced by the opinions of its writers and editors, news is not arithmetic. It always will be whatever writers, editors, readers, listeners, and viewe...Read More
Dramatic WeakeningMissing Inversion No Credit StressNot Going GlobalThe Rest of the Story"I'm an American!" Pat Caddell RIPDallas, Athens, and HoustonAn old joke says economists predicted 15 of the last 10 recessions. In other words, they're frequently wrong and often too pessimistic.I think it's not so simple. Every recession prediction is eventually correct; some just get the timing wrong. T...Read More
Bitcoin up on news Warren Buffett exposes himself in his annual letter as an unmitigated fraud and charlatan reliant entirely on tax-payer bailouts and accounting tricks.Continue...Read More
"We're very hopeful in the days and weeks and months ahead the Maduro regime will understand that the Venezuelan people have made its days numbered."Continue...Read More
According to ratings agency S&P Global, governments will borrow an equivalent of $7.78 trillion this year, which will take the global sovereign debt to $50 trillion in 2019.Continue...Read More