"If it was a mistake, a mistake is a mistake. But if they were knowingly responsible, yeah, then there should be consequences."Continue...Read More
The following profound and accurate comment was written by Rick Mills of the Aheadoftheherd.com site"Historically, and especially so today, for all the reasons to like gold, the greatest leverage to rising precious metals prices has been owning the shares of junior resource companies focused on acquiring, discovering and developing precious metals deposits.Importantly, juniors are a cost-effect...Read More
The metals markets are being pulled in multiple directionssimultaneously like never before. The global virus-triggered economic freezehas caused industrial demand for all commodities to crater. At the same time, mining output is also crashing as virus fearsforce many mines around the world to suspend operations.What is the “right” equilibrium price for copper, silver, go...Read More
COLORADO SPRINGS, CO, April 20, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Gold Resource Corporation (NYSE American: GORO) (the "Company") reports preliminary consolidated production results for the first quarter ended March 31, 2020 of 10,142 gold ounces, 407,625 silver ounces and significant copper, lead and zinc. Gold Resource Corporation is a gold and silver producer, developer and exp...Read More
"After all, the chief business of the American people is business. They are profoundly concerned with producing, buying selling, investing and prospering in the world." John Calvin Coolidge Jr., American politician, lawyer, 30th President of the United States 1923-1929, Republican; 1872-1933 "The diseconomies of capitalism are treated as the public's responsibility. Corporate America skims the...Read More
By Clint SiegnerInvestment demand for physical gold and silver is unrelenting. Buying activity actually picked up slightly last week as paper gold and silver prices drifted sideways to lower.Once again, anyone simply watching the gold price on CNBC would be shocked to know just how many people are buying gold.The Fed, and the cabal of Wall Street Banks it represents, are undoubtedly relieved to...Read More
Strengths? The best performing metal this week was platinum, up 3.45 percent despite hedge funds cutting their net-long positions to an eight-month low. However, platinum mines in South Africa are to remain closed for time being. ETFs added 73,044 troy ounces of gold to their holdings in the trading session ended Thursday - marking the 19th straight day of inflows. Gold rose towa...Read More
By RambusAfter a long term bear market in most commodity related stocks we are starting to hear analyst talk about inflation. From a Chartology perspective the deflationary scenario is still in play but how much lower can this sector go? In tonights Weekend Report, I'm going to update some long term commodity charts we've been following for years to see where they are currently trading in their...Read More
By: Avi GilburtI know the title may sound unusual and almost unrealistic to those following the media cycle. With unemployment skyrocketing, GDP projections in the tank, bankruptcy expectations running sky high, and the average person on Main Street struggling terribly, how is this action even possible?So, before I outline my analysis, which is actually rather simple right now, I want to re-post...Read More
The news media and the pundits flailed around over the weekend trying to come up with reasons why the broad averages have rallied to within 10%-20% of record highs even though the global economy could be headed into a depression. ZeroHedge is usually able to provide plausible answers to such questions, but here's an attempt that fell short. It places commodity trading advisors at the center of...Read More
Staying at home and complete corporate shutdowns are our new way of life.Soon, the global economy will effectively need life support of its own.Continue...Read More
We should see negative oil prices and negative interest rates as the severed body parts of a dismembered banking beast littering the financialization abattoir we created Continue...Read More
Why "it's not as bad as flu" - or car crashes or the 1957 pandemic - is not credible.Continue...Read More
the next big asset revaluation event as consumers continue to process the COVID-19 virus crisis and the consequences of this event.Continue...Read More
"You were too proud and too nationalistic to tell the truth, which you felt was a national disgrace, and which now became a global disaster."Continue...Read More
The metals markets are being pulled in multiple directionssimultaneously like never before. The global virus-triggered economic freezehas caused industrial demand for all commodities to crater. At the same time, mining output is also crashing as virus fearsforce many mines around the world to suspend operations.What is the “right” equilibrium price for copper, silver, go...Read More
SDRs were originally intended as a kind of "paper gold." Once the IMF starts the printing presses, investors will probably favor real gold as the proper antidote.Continue...Read More
Since Bob and I last spoke the stock market has been on a tear and precious metals mining shares have also had a large rally. In our latest conversation Bob and I discuss a wide range of topics Continue...Read More
The metals markets are being pulled in multiple directionssimultaneously like never before. The global virus-triggered economic freezehas caused industrial demand for all commodities to crater. At the same time, mining output is also crashing as virus fearsforce many mines around the world to suspend operations.What is the “right” equilibrium price for copper, silver, go...Read More