Bob Moriarty ArchivesSep 11, 2021The DOW JONES Index peaked on September 3, 1929 at 381.17. It ran lower into October 24th, 1929 when the market plunged 11% on the open from the preceding day. We call that Black Thursday even though the market closed only slightly lower. The crash continued Monday October 26th when the Dow tumbled 13% and another 12% on Black Tuesday October 27th. The Great Depres...Read More
Sep 13, 2021 Guest(s): Tavi Costa Portfolio Manager, Crescat Capital Several structural problems in the U.S. could cause a slowdown in economic growth soon, with stagflation hitting and lasting for the next six months, said Tavi Costa, portfolio manager of Crescat Capital. "I am in the of sort of a more of a stagflationary environment in the next six months or so. It's difficult to see stagflati...Read More
Spending more than a few minutes on a cable news channel or streaming website is usually an exercise in tedium. But tuning in this week quickly became intolerable.The networks are commemorating the 20th anniversary of the 9/11 attacks. We've had an endless parade of survivors, retrospectives and regurgitated footage of the calamity taking up almost all of the available airtime.Coverage may be even...Read More
Clarus Securities Inc. advised in a research report that Emerita Resources Corp.'s recent infill drill results at its La Infanta Project in southern Spain demonstrate significant expansion potential. Clarus stated it is maintaining Emerita's "Speculative Buy" rating and 12-month price target of CA$4.50/share.In a September 9 research note, Clarus Securities Inc. Research Analyst, Varun Arora, MBA...Read More
Gold Price Back Below $1,800!Easy come, easy go. The yellow metal rallied on Friday just to plunge on Tuesday. What’s your next move, Mr. Gold?Ugh, the recent rally in gold prices was really short-lived. As the chart below shows, the price of gold increased after the publication of disappointing nonfarm payrolls on Friday. However, it declined as soon as on Tuesday, and on Wednesday it slid...Read More
As a keen observer of the silver market, something recently caught my eye concerning the relationship between silver and gold (well-recognized) and silver and copper (less so).Traditionally, silver prices have tracked gold prices fairly closely, which makes sense given that both function as monetary metals, and they often occur together in mineral deposits. The correlation between gold and silver...Read More
Gold Price Back Below $1,800!Easy come, easy go. The yellow metal rallied on Friday just to plunge on Tuesday. What’s your next move, Mr. Gold?Ugh, the recent rally in gold prices was really short-lived. As the chart below shows, the price of gold increased after the publication of disappointing nonfarm payrolls on Friday. However, it declined as soon as on Tuesday, and on Wednesday it slid...Read More
As a keen observer of the silver market, something recently caught my eye concerning the relationship between silver and gold (well-recognized) and silver and copper (less so).Traditionally, silver prices have tracked gold prices fairly closely, which makes sense given that both function as monetary metals, and they often occur together in mineral deposits. The correlation between gold and silver...Read More
I hope you do not mind a bit of anger in this letter. Right now, I'm really feeling it. I'm beyond fed up.This week the entire English-speaking world was rocked with an amazing claim. The issue was the overcrowding of hospitals by people who had overdosed on ivermectin, the therapeutic sometimes mentioned in the context of COVID. Rolling Stone reported - the story is still there albeit with a shy...Read More
Tyrannical. Dictatorial. Medical fascism. Unconscionably unconstitutional…These are some of the devil terms we have heard ascribed to Mr. Biden's vaccine mandate, yesterday announced.We have heard other colorful descriptions… unsuitable for publication in our pristine, snow-driven pages.The president wagged his finger at the millions of unvaccinated Americans yesterday - and read them...Read More
Gold Price Back Below $1,800!Easy come, easy go. The yellow metal rallied on Friday just to plunge on Tuesday. What’s your next move, Mr. Gold?Ugh, the recent rally in gold prices was really short-lived. As the chart below shows, the price of gold increased after the publication of disappointing nonfarm payrolls on Friday. However, it declined as soon as on Tuesday, and on Wednesday it slid...Read More
As a keen observer of the silver market, something recently caught my eye concerning the relationship between silver and gold (well-recognized) and silver and copper (less so).Traditionally, silver prices have tracked gold prices fairly closely, which makes sense given that both function as monetary metals, and they often occur together in mineral deposits. The correlation between gold and silver...Read More
Gold Price Back Below $1,800!Easy come, easy go. The yellow metal rallied on Friday just to plunge on Tuesday. What’s your next move, Mr. Gold?Ugh, the recent rally in gold prices was really short-lived. As the chart below shows, the price of gold increased after the publication of disappointing nonfarm payrolls on Friday. However, it declined as soon as on Tuesday, and on Wednesday it slid...Read More
As a keen observer of the silver market, something recently caught my eye concerning the relationship between silver and gold (well-recognized) and silver and copper (less so).Traditionally, silver prices have tracked gold prices fairly closely, which makes sense given that both function as monetary metals, and they often occur together in mineral deposits. The correlation between gold and silver...Read More
A Haywood Securities report noted that "initial 2021 reverse circulation results highlight deep value in Liberty Gold's asset portfolio." In a Sept. 9 research note, Haywood Securities analyst Geordie Mark reported that the first drill results from Liberty Gold Corp.'s (LGD:TSX; LGDTF:OTCQB) Goldstrike in Utah bode well for the project.They "demonstrate the potential to not only derisk the asset...Read More
The president is no longer dangling the rewarding carrot... but seizing the punishing stick…The administration is mandating vaccination for all federal employees - and the employees of all federal contractors.Federal employees could previously slip through a loophole. They could go unvaccinated if they endured weekly testing.Now the string is pulled tight… and the loophole closes.Defia...Read More
Jack ChanPosted Sep 7, 2021Gold sector as represented by $HUI is now on amajor SELL signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal.Short-term signals can last for days and weeks and are more suitable for traders. Speculation is in bear market values and now at levels of previous tops.Speculation in bear market values. Our ratio is on SE...Read More
The Global Analyst has been focusing on the senior producers more in the last many months, since they are undervalued and more certain to respond to a higher gold price. They remain good buys. However, many of the juniors have seen their stock prices slide and there are excellent buys in that sector. Below are three of our favorite resource juniors, all buys. Midland Exploration Inc. (MD:TSX.V)...Read More
In this interview, Maurice Jackson, founder of Proven and Probable, sits down with Kyle Floyd, the CEO of Vox Royalty, which is a global royalty generator with a royalty portfolio consisting of over 8,000 royalties. Jackson and Floyd address the merits of royalty companies for shareholders and what makes Vox Royalty stand out from the pack.Maurice Jackson: Joining us for conversation is Kyle Floyd...Read More
Cortus Metals plans to use the funds to continue exploring its Nevada properties. Cortus Metals Inc. (CRTS:TSX.V; CRTTF:OTCQB) announced in a news release it raised $600,000 in gross proceeds from the first tranche of its private placement.The company plans to complete further tranches soon.The Canadian minerals explorer will use the newly generated funds for exploration, for maintaining its prop...Read More