We have yet to reach a full reckoning of the consequences of the era of easy money, but it’s abundantly clear that it ruined us.The damage was incremental at first, but the perverse incentives and distortions of easy money zero interest rate policy (ZIRP), credit available without limits to those who are more equal than others accelerated the institutionalization of these toxic dynamics...Read More
Fitzroy Minerals Inc. reported it had signed an exclusive agreement to acquire the Polimet gold-copper-silver project in Chile and reached a new 52-week high. Read to see what experts are saying about this stock.Fitzroy Minerals Inc. (FTZ:TSX.V; FTZFF:OTCQB) has secured the exclusive option to acquire the Polimet gold-copper-silver project in Chile. Fitzroy will acquire the project, which is locat...Read More
Blackwolf Copper & Gold has been highly rated by analysts and experts in the wake of the company's drill results. Read on to see what they're saying about the company's stock.Blackwolf Copper & Gold Ltd. (BWCG:TSX.V) recently found gold grades as high as 19.9 grams per tonne (g/t) of gold (Au) on the company's Cantoo property, located in Alaska's Golden Triangle. The company reported those results...Read More
This is another of the Canadian company's steps taken toward making its massive copper-gold project attractive to prospective partners, noted a Cantor Fitzgerald report.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) increased the consolidated mineral resource of its KSM copper-gold project in British Columbia with its updated resource estimates of the Kerr and Iron Cap deposits there, reported Cantor...Read More
Technical Analyst Clive Maund reviews Goldshore Resources Inc. to explain why now might be the precise time to buy this gold stock. This looks like the optimal point for investors to buy Goldshore Resources Inc. (TSXV: GSHR;OTCQB: GSHRF ;FWB: 8X00), which is believed to be at the very start of a major bull market following a long and grueling bear market that has erased most of its value.With resp...Read More
Omineca Mining and Metals Ltd. intercepted a significant width of high-grade gold at its underground Wingdam project, according to a note from Research Capital Corp.Junior explorer Omineca Mining and Metals Ltd. (OMM:TSX.V; OMMSF:OTCMKTS) intercepted a significant width of high-grade gold at its underground Wingdam project, according to a Research Capital Corp. analyst Bill Newman in a February 8...Read More
“As goes January, so goes the year.”So runs an ancient Wall Street wheeze.January 2024 has ended. How did January 2024 go?The Dow Jones Industrial Average opened January at 38,033.It closed January at 38,355.That is, the Dow Jones Industrial Average posted a 322-point January efflorescence.If the year goes as January goes... 2024 will end in clover.Yet will it? Perhaps. Perhaps not.Sor...Read More
"India may be an emerging economy, but the UK is a submerging economy!" shrieked my friend's father.Only a few years ago, my friend G brought his parents to the UK from his native Chennai. His objective was to ensure they had the best medical care money could buy. They could live in an exciting city like London, stay healthy, and live a long life close to family.A few weeks ago, G sent them back t...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on American Eagle Gold Corp.'s stock to explain whether he believes it is a Buy.Note the action on American Eagle Gold Corp. (AE:TSXV) with a print just a penny below the all-time high at CA$0.50 on 618,176 shares volume on a day when everything was in the red. I continue to pound the table on this issue as the NAK discovery is real and bi...Read More
Global Analyst Adrian Day comments on Jerome Powell's latest press comments and looks at recent developments from a few companies on our list of current recommendations.Fed chairman Jerome Powell took away the punch bowl before it had even been served. In a surprisingly hawkish statement, the Federal Reserve made clear that, although the tightening bias has gone, it was not yet ready to cut rates....Read More
LONDON, 8 February 2024 - Data from BullionVault features today in the latest gold-market report from Japanese financial news and data service JiJi Press."Weak physical demand in Europe and the US is a factor limiting upside in the gold price," says the report, noting that customer gold holdings at BullionVault - "the leading online precious metals bullion trader" - fell for the 5th consecutive mo...Read More
Western Exploration Inc. takes stock of 2023 and looks forward to plans for 2024 at its Aura gold and silver project in Nevada, which one analyst called "one of the most attractive mining jurisdictions in the world."In its annual update to shareholders, Western Exploration Inc. (WEX:TSX.V;WEXPF:OTC) noted that in 2023 it made "significant strides" towards goals of completing a preliminary feasibil...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts onFitzroy Minerals Inc.formally Norseman Silver Inc.and where he believes the stock is headed. Back on January 8, after reading of an outrageously impressive drill hole at their B.S. NAK property, I re-established a Buy on American Eagle Gold Corp. (AE:TSXV) at CA$0.40.I picked up 300,000 in the GGMA 2024 Trading Account at CA$0.35 into a...Read More
We're encountering some strange signs of froth in a few not-so-dark corners of the market in the aftermath of the late 2023 melt-up rally.Sure, the averages have soared off their lows and are teetering on new highs. But most stocks are beginning to churn as the spell of December's disbelief rally begins to fade. Now, we're entering a seasonally weak stretch for the stock market as Q1 of an electio...Read More
Today we sink to both knees... in gobsmacked awe.We genuflect in praise. And we sing hosannas to the government of the United States.Why?That is because the United States government has attained the impossible:Constructed initially under a regime of "limited government"… it has shattered all its shackles... and become the largest government to ever occupy Earth.That is correct.Never has a na...Read More
At a recent New Hampshire campaign rally, Donald Trump reiterated what he's been saying for months: that central bank digital currencies (CBDCs) are dangerous and he would never allow one if elected:Tonight, I am also making another promise to protect Americans from government tyranny. As your president, I will never allow the creation of a central bank digital currency...Such a currency would giv...Read More
Silver X Mining Corp. has announced its fourth-quarter production results after relaunching mining operations in Peru last fall. One analyst says the company beat his estimates.Silver X Mining Corp. (AGX:TSX.V) has announced its fourth-quarter production results after relaunching mining operations at its Nueva Recuperada project in Peru last fall.The company said it processed more than 354,000 oun...Read More
Emerita Resources Corp. has released drill results from the first phase of drilling at the El Cura deposit on the company's 100% owned Iberian Belt West project. Read on to see what analysts have to say about this company's stock.Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCMKTS; LLJA:FSE) announced in a press release on January 31, 2023, that the company has an update on its recent drilling on th...Read More
Barry Dawes of Martin Place Securities shares his thoughts on Tolu Minerals and how he believes it may be emulating K92's success.Key point for Tolu Minerals Ltd. (TOK :ASX).Good progress on mine reopening made since listing in NovemberCondition and refurbishment rate of plant and equipment above expectationsNew drilling rigs and other essential equipment ordered and/or deliveredSuccessful recruit...Read More
Seabridge Gold Inc. releases updated mineral resource estimates for deposits at its massive KSM gold and copper project in British Columbia. See why one analyst said the move "makes sense."As it continues to move toward finding a joint venture partner for its massive KSM gold and copper project in British Columbia's Golden Triangle, Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) on Monday released upd...Read More