Three elements cause physical delivery on the COMEX to have reached record highs this year: strong demand Continue...Read More
This week saw higher metal prices with the mining stocks performing well. Silver had an incredible week, being up >$1/oz. for two consecutive days. Silver reached on all-time high and had its best week in a long time. Like two weeks ago, there were countless financings for junior stocks again this week, which are listed below. Earnings should start to be reported in two weeks or so. Some compani...Read More
Steve St. Angelo, SRSrocco Report As the Fed and central banks continue to prop up the global economy with massive monetary stimulus, investors are just beginning to move into the precious metals to protect wealth. In the first seven months of the year, investors have already purchased three times the Gold Eagles that were sold during full-year 2019. According to the data from the U.S. Mint,...Read More
David Haggith When dinosaurs went extinct, mammals gained opportunity to flourish. Crises for some bring opportunity for others who can adapt to benefit from new environments. I try to enable my readers to position themselves to be the ones who will come out better at the end of this crisis.Future calamity has already been set in pace by our response to the coronavirus; so you cannot stop the cr...Read More
The Market in a Dozen ChartsWhere Is the Breadth?The S&P 10 versus the S&P 490If That Was a Bubble, What Is This?Extra CashEnter Robin HoodTriggered MarketCoping with COVID"In the short run, the market is a voting machine but in the long run, it is a weighing machine." Benjamin GrahamYou may have noticed a bit of manic activity in the stock market. You may have also notice...Read More
YESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUM25 July 2020 -- SaturdayThe gold price traded quietly and unevenly sideways until around noon China Standard Time on their Friday. It was sold down to its low tick of the day by shortly after 1:30 p.m. CST -- and its subsequent rally was capped just minutes after 9 a.m. in London. From that point it was sold lower until around 11:45 a.m. BST....Read More
Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeek Ticker- TSX; EDV.TO, OTC; EDVMF52-Week Range; CAD $15.68-$36.62, US $11.02-$27.60Shares Out; 163.077m sharesEndeavour Mining is a West African focused gold producer. Following a recent acquisition, it is now the leading West African producer with an excellent stable of assets and run by a very capable management team. The company recen...Read More
The Critical Investor examines Golden Arrow Resources' swap of one South American gold project for another, and discusses the company's prospects for becoming a "multi-bagger." Because Golden Arrow Resources Corp. (GRG:TSX.V; GARWF:OTCQB; G6A:FSE) renegotiated their Indiana gold project in Chile not too long ago [with] very favorable terms, I was surprised to recently read about the company dropp...Read More
European leaders stroke a historic deal that could be a game-changer and provide a support for the euro and gold against the U.S. dollar.Historic deal. Pivotal moment for Europe. On Monday, the EU leaders agreed on a massive economic stimulus plan, after a long and crotchety summit. If passed through the European Parliament and ratified by all EU states, the European Commission could borrow 750 bi...Read More
YESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUM25 July 2020 -- SaturdayThe gold price traded quietly and unevenly sideways until around noon China Standard Time on their Friday. It was sold down to its low tick of the day by shortly after 1:30 p.m. CST -- and its subsequent rally was capped just minutes after 9 a.m. in London. From that point it was sold lower until around 11:45 a.m. BST....Read More
Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeek Ticker- TSX; EDV.TO, OTC; EDVMF52-Week Range; CAD $15.68-$36.62, US $11.02-$27.60Shares Out; 163.077m sharesEndeavour Mining is a West African focused gold producer. Following a recent acquisition, it is now the leading West African producer with an excellent stable of assets and run by a very capable management team. The company recen...Read More
European leaders stroke a historic deal that could be a game-changer and provide a support for the euro and gold against the U.S. dollar.Historic deal. Pivotal moment for Europe. On Monday, the EU leaders agreed on a massive economic stimulus plan, after a long and crotchety summit. If passed through the European Parliament and ratified by all EU states, the European Commission could borrow 750 bi...Read More
European leaders stroke a historic deal that could be a game-changer and provide a support for the euro and gold against the U.S. dollar.Historic deal. Pivotal moment for Europe. On Monday, the EU leaders agreed on a massive economic stimulus plan, after a long and crotchety summit. If passed through the European Parliament and ratified by all EU states, the European Commission could borrow 750 bi...Read More
European leaders stroke a historic deal that could be a game-changer and provide a support for the euro and gold against the U.S. dollar.Historic deal. Pivotal moment for Europe. On Monday, the EU leaders agreed on a massive economic stimulus plan, after a long and crotchety summit. If passed through the European Parliament and ratified by all EU states, the European Commission could borrow 750 bi...Read More
Adam HamiltonArchivesJul 24, 2020 Both gold and silver surged dramatically higher this past week, propelled by torrents of investment capital deluging in. The resulting major new highs are really exciting, unleashing widespread fear-of-missing-out buying. But the precious metals' blistering jumps have left them very overbought. They have come so far so fast they are at and above technical extremes...Read More
Sprott Money News ? Sprott Money News Weekly Wrap-up - 7.24.20Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipie...Read More
Demand from green technology manufacturers, precious metal investors, as well as hampered production due to COVID-19 mine suspensions are all aiding silver."I know the tightness of the market. It's only gonna get worse as we go green," said Keith Neumeyer, founder and CEO of First Majestic Silver (NYSE:AG, TSX:FR), who spoke to Kitco on Wednesday.Keith Neumeyer is the president and CEO of First Ma...Read More
Let the bubble burst!Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's co...Read More
Mohamed El-Erian, chief economic adviser at Allianz and a Bloomberg Opinion columnist, says the U.S. economic recovery is "slowing down, leveling off," due to the public engagement concerns of consumers over the ongoing pandemic. Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a gl...Read More
Harley Schlanger's work can be found at LaRouchePAC.com.Read More