Quebec Precious Metals, formed by a merger of two mining companies, may be sitting on as much as 2 million ounces of gold at its Quebec properties. Quebec Precious Metals Corp. (QPM:TSX.V; CJCFF:OTCQB; YXEP:FSE) was created through a transaction that brought together two mining companies, along with the consolidation of additional assets in the James Bay region of Quebec. The company has large, pr...Read More
Precious metals expert Michael Ballanger explains why he believes the precious metals are breaking free of the gravitational pull of the last 15 months and are in the early stages of escape velocity. "In physics (specifically, celestial mechanics), escape velocity is the minimum speed needed for a free, non-propelled (non-manipulated) object (asset) to escape from the gravitational influence of a...Read More
"Magna Gold should be trading at a premium to the peer group, and a rerating is imminent," an M Partners report noted. Magna Gold Corp.'s (MGR:TSX.V; MGLQF:OTCQB) quickly growing into a mid-tier producer led to another brokerage adding the company to its coverage universe. M Partners just initiated coverage on Magna, assigning it a Buy rating and a CA$1.70 per share target price, analyst Ben Pirie...Read More
Gold finished solidly above the$1,800/oz level on Friday, marking the yellow metal’s best weekly close sincelate August. More importantly, gold may be breaking out of a largerconsolidation pattern that has been in force since prices peaked in August oflast year.Prices edged above thedescending triangle line – although perhaps not convincingly so.Ifthe breakout is real, then we should s...Read More
AL - Twitter, Released on 11/11/211/ An unvaccinated & unmasked student at @WesternU got arrested whilst he attended his engineering lecture. Not a single student in his class said or did anything to stop this. How have we as a society reached this point?@jordanbpeterson @GadSaad @RubinReport #Canada #Ontario pic.twitter.com/od0Ei5LiXZ- AL (@Metabo_PhD) November 11, 2021 Canadian fascism on full d...Read More
Liberty and Finance, Released on 11/11/21Inflation is running at the highest rate in 30 years. The recent rally in gold and silver could be just beginning. Metals analyst Craig Hemke says if Joe Biden chooses Lael Brainard for Fed chair, get ready for full-blown Modern Monetary Theory. If she's installed, Craig says, "things are going to get really, really, really interesting for gold."0:00 Intro1...Read More
Wolf Street, Released on 11/11/21The payments are guaranteed to lose purchasing power year after year, even if the COLA calculations Continue... Wolf Richter: Social Security will be there for you, but... added by Herman James on 11/12/2021View all posts by Herman James ?+'Read More
Chart analyst Clive Maund explains in a quick update why he has also put E2Gold on his list as a great buy. After its sharp reaction of recent days within a prevailing strong uptrend to arrive at its rising 50-day moving average, E2Gold Inc. (ETU:TSX.V) looks like it is at another great "buy spot" here, especially as this steep reaction has created a considerable degree of "compression" into the u...Read More
Gold finished solidly above the$1,800/oz level on Friday, marking the yellow metal’s best weekly close sincelate August. More importantly, gold may be breaking out of a largerconsolidation pattern that has been in force since prices peaked in August oflast year.Prices edged above thedescending triangle line – although perhaps not convincingly so.Ifthe breakout is real, then we should s...Read More
Alt-Market.US, Released on 11/11/21It is time to stop treating separation and division as integrally bad. Sometimes it is healthy and necessary. Continue... Leftists Support Tyranny - Conservatives Do Not: It's Time To Separate added by Herman James on 11/14/2021View all posts by Herman James ?+'Read More
Linkedin, Released on 11/11/21The United States now is spending a lot more money than it's earning and paying for it by printing money that is beinRight now we are on the wrong path. Continue... Ray Dalio On Inflation and Wealth - 'We are on the wrong path' added by Herman James on 11/14/2021View all posts by Herman James ?+'Read More
Chart analyst Clive Maund explains in a quick update why he has also put E2Gold on his list as a great buy. After its sharp reaction of recent days within a prevailing strong uptrend to arrive at its rising 50-day moving average, E2Gold Inc. (ETU:TSX.V) looks like it is at another great "buy spot" here, especially as this steep reaction has created a considerable degree of "compression" into the u...Read More
Headline CPI inflation surged to 6.2% in October, the highest level since 1990. However, prices are unlikely to stay elevated forever, as technological innovations will create a more cost-efficient economy, said Tim Ghriskey, senior portfolio strategist at Ingalls and Snyder. "We're in this technological revolution. I think it's greater than the industrial revolution from over a century ago. The i...Read More
Yesterday's article addressed whether or not gold was positioned for a large upside breakout. We cited that the upcoming CPI (Consumer Price Index) numbers which were released today, would be a huge component to answer that question. Our technical studies indicated that a break in gold futures above $1835 would be a trigger for a strong breakout or price search. That is exactly what we saw today....Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Kinross Gold (TSX: K, NYSE: KGC) said today that the company produced 483,060 Au eq. oz. in Q3 2021, down 20% compared with 603,312 Au eq. oz. in Q3 2020, primarily due to lower production at Tasiast a...Read More
Steve Hanke, professor of applied economics at Johns Hopkins University, discusses with David Lin, anchor for Kitco News, the implications for investors of higher inflation. "[Inflation] could go higher and the main thing is persistence. This talk we have, it's all political nonsense...they're talking about inflation being temporary, and it's a supply chain problem. This is just utter rubbish. The...Read More
By Mariya GordeyevaALMATY, Nov 9 (Reuters) - Kazakhstan is struggling to meet the energy needs of its booming cryptocurrency mining industry, which is flourishing thanks to cheap power and an exodus of crypto miners from neighbouring China.The Central Asian nation of 19 million has become the world's second-biggest bitcoin mining location after the United States in recent months, according to the...Read More
ReutersWASHINGTON, Nov 10 (Reuters) - The U.S. securities regulator on Wednesday halted registration for two digital tokens offered by Wyoming-based American Cryptofed DAO LLC, accusing the company of providing misleading information to investors in regulatory filings.The U.S. Securities and Exchange Commission (SEC) said in a statement that American Cryptofed "filed a materially deficient and mis...Read More
(Kitco News) Next year will be "a tough one" with inflation and supply chain bottlenecks getting worse, according to Almonty Industries CEO Lewis Black.Things will only get worse before they get better as the inflation rate in the U.S. accelerated to a 30-year high of 6.2% in October. "Inflation has been created because the solution to locking everyone down was to throw money at them. Ultimately,...Read More
NEW YORK (Reuters) - Wall Street ended the session in negative territory on Wednesday as investor risk appetitive was curbed by surging consumer prices, which stoked worries of a protracted wave of hot inflation.All three major U.S. stock indexes lost ground, extending their losses throughout the trading day and adding to Tuesday's sell-off which snapped the S&P 500's and Nasdaq's eight-sessio...Read More