The markets have convinced themselves that they are in a win-win situation. This is not something Mohamed El-Erian feels comfortable about.Continue...Read More
The plan calls for players to earn their salary via a tier system. The more a player is scheduled to earn for the 2020 season, the less he retains under the plan.Continue...Read More
There are now over 11,000 covid-19 cases tied to Tyson Foods, Smithfield Foods and JBS. Despite the industry's best efforts, cases continue to rise rapidly. Continue...Read More
In addition to being isolated in their own homes, Americans have also been bombarded by endless coverage of this pandemic by the mainstream media, and this has definitely helped to fuel a lot of anxiety...Continue...Read More
Barry Ritholtz, Author of Bailout Nation, just got a bailout.Please note the $1.3 billion Ritholtz Wealth Firm Takes Out a PPP Loan.Continue...Read More
COMEX gold prices have been unable to gain traction above $1750 and move toward new highs. Why?Continue...Read More
The EU authorities will attempt at some point to demonetize gold. Theyy will do this to remove any path of resistance to their socialistic agenda.Continue...Read More
Bob Moriarty ArchivesMay 28, 2020When all the stock markets in the world collapsed in mid-March they dragged down all of the metals as margin clerks made investors dump everything they could to meet margin calls. That took the metals and mining shares down in an instant to the horror of investors. I smiled. Ipredicted it on February 27 and I was ready.Much to even my great surprise, silver literal...Read More
By: Ira EpsteinFirst week of June a big week in US, many places re-opening. Lay-offs a big threat still and as the largest employers, and oh boy, there are going to be problems.Gold is acting very good..Read More
It's no surprise to most investors that the Fed is propping up the stock market. However, if we compare the Dow Jones Index versus the continued unemployment claims, something seriously wrong is going on. According to the St. Louis Federal Reserve, continued unemployment claims are nearly four times higher than the peak reached in June 2009. When the continued unemployment claims reached a...Read More
Money manager Adrian Day reviews developments, both positive and not-so-positive, at several companies in his portfolio and he finds that some are cheap enough to buy. Loews Corp. (L:NYSE, 31.19) is having a rough time, with several of its holdings severely hit by not only Covid restrictions but by broader market conditions as well. Its struggling, majority-owned Diamond Offshore succumbed to wea...Read More
Once the deal for the final 20% closes, Aftermath Silver will begin exploration there. Aftermath Silver Ltd.(AAG:TSX.V) announced in a news release it agreed to acquire from SSR Mining its 20% interest in the Cachinal silver-gold project, for a total consideration of CA$700,000.This deal will take Vancouver, British Columbia-based Aftermath Silver's ownership of Minera Cachinal shares to 99.9%; M...Read More
Newrange Gold Corp. reported that it will begin drilling this week at its Pamlico Gold project in Nevada. In a news release, Vancouver-based precious metals exploration and development company Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) announced that it has lined up a drilling contractor to commence operations on May 28 at its Pamlico Gold Project in Nevada. The firm indicated that it has already...Read More
Metallic Minerals defines and refines targets at the Yukon project. Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCMKTS) announced in a news release the results of recent exploration work at the Formo, Silver Queen and Duncan Creek targets at its Keno silver project in the Yukon's Keno Hill district.At Formo, via underground sampling, the company identified three high-grade mineralized shoots retur...Read More
Seabridge Gold intends to initiate data collection and analysis on this orogenic gold asset. In a news release, Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced that its acquisition of the 3 Aces gold project in the Yukon closed."3 Aces is a first rate exploration play with the potential to host a high grade commercially-viable ore body," Seabridge Gold Chairman and CEO Rudi Fronk said in th...Read More
The China virus, the economic lockdowns, and themulti-trillion-dollar rescue efforts of central bankers have dominated marketsover the past three months.However, as lockdowns gradually lift and the 2020 election drawsnearer, investors will begin to focus more on political developments.The once-strong economy that President Donald Trump had hopedwould propel him to re-election has collapsed. The Pr...Read More
When the economic crisis hits, the first instinct is to analyze the previous catastrophes to learn what to expect from and how to handle the current calamity. So, not surprisingly, many analysts have already pointed to the 2008 global financial crisis (GFC) as the most relevant example. However, is really the current coronavirus recession similar to the Great Recession? Let’s compare these t...Read More
By: Ira EpsteinFirst week of June a big week in US, many places re-opening. Lay-offs a big threat still and as the largest employers, and oh boy, there are going to be problems.Gold is acting very good..Read More
It's no surprise to most investors that the Fed is propping up the stock market. However, if we compare the Dow Jones Index versus the continued unemployment claims, something seriously wrong is going on. According to the St. Louis Federal Reserve, continued unemployment claims are nearly four times higher than the peak reached in June 2009. When the continued unemployment claims reached a...Read More