We have asked the question before. Today we ask it again: What if socialism "worked"? What if communism worked?That is, what if collectivist economics outdid and outperformed free market capitalism... and Marx triumphed over Smith?Should the United States take collectivism aboard on pragmatic grounds of efficiency? Or should it beg off on abstract grounds of principle?The United States erected its...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on Fitzroy Minerals Inc. after having a discussion with its chairman. I had an excellent discussion yesterday with Fitzroy Minerals Inc. (FTZ:TSX.V; FTZFF:OTCQB) Chairman Campbell Smyth and CEO/Director Merlin Marr-Johnson who contacted me from Merlin's home office in NW London (U.K.).Without going into detail, subscribers should be prepar...Read More
As news breaks of an agreement between Treasury Metals and Blackwolf Copper and Gold to advance the Goliath gold project in Ontario, Technical Analyst Clive Maund looks at the details.Blackwolf Copper & Gold Ltd. (TSXV.BWCG;OTC:BWCGF) is regarded as an unusually attractive mining stock here for several reasons. A big one is that its current very low valuation means that it has big upside potential...Read More
Technical Analyst Clive Maund takes a look at Aztec Minerals Corp. to explain why he believes it is a Strong Buy.Aztec Minerals Corp. (AZT:TSX.V; AZZTF:OTCQB) is primarily an established gold-silver exploration company that is positioned to make a potentially big discovery or discoveries in mining-friendly areas in Arizona and NW Mexico with a view to greatly increasing its value which will likely...Read More
News Update As news breaks of an agreement between Treasury Metals and Blackwolf Copper and Gold to advance the Goliath gold project in Ontario, Technical Analyst Clive Maund looks at the details.Blackwolf Copper & Gold Ltd. (TSXV.BWCG;OTC:BWCGF) is regarded as an unusually attractive mining stock here for several reasons. A big one is that its current very low valuation means that it has big ups...Read More
Total production by this Buy-rated Canadian company exceeded estimates by 19%, noted a Red Cloud Securities report.Silver X Mining Corp.'s (AGX:TSX.V) Q1/24 production results from its Nueva Recuperada mine in Peru were positive and better than in the previous quarter, reported Red Cloud Securities mining analyst Timothy Lee in an April 25 research note."The stepwise improvement from Q4/23 to Q1/2...Read More
“He’d Give You The Shirt Off His Back.”To me, the above quote describes a nice, poor person.There's nothing wrong with that, but I never understood why that compliment was the highest you could give a man.It’s almost like saying, “He’s a great guy, but he can’t organize his financial affairs.”Folks, there’s a reason stewardesses tell you to put...Read More
Technical Analyst Clive Maund takes a look at Perpetua Resources Corp. to explain why he believes the stock is a Buy.Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) is a momentum play, and the reason why we are looking at it now is that it looks like the current strong upside momentum will continue for a while yet and if so, it will result in substantial gains over the short to medium-term and th...Read More
This Canadian company has a robust plan for its project in the Yukon as it looks toward a mineral resource estimate. Read on to learn why experts like this owner of multiple assets.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced the upcoming work plan at its 3 Aces project in Canada's Yukon will include drilling, geophysical surveys, surface mapping, and reclamation efforts. Preparations to s...Read More
Funds from this and the sale of its ex-U.S. asset will help the company advance its projects in the Great Basin, noted a BMO Capital Markets report.Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQX) announced it had upgraded its nonbrokered, private placement from CA$9.5 million to CA$12.5 million in gross proceeds. The cash is meant to fund continued advancement of its two U.S. projects, Black Pine and Go...Read More
Q1 2024 sees solid silver production at Juanicipio, with 4.4 million ounces and 9,927 gold ounces reported despite a brief shutdown for maintenance. Read more about how these results are shaping up to meet annual production forecasts.MAG Silver Corp. (MAG:TSX; MAG:NYSE American) announced a productive first quarter for 2024 at its Juanicipio mine, showcasing a robust operational performance. The m...Read More
Global Analyst Adrian Day discusses good news at three of his major resource holdings. He notes that Agnico knocked it out of the park, Anglo upped the value of Orogen-'s royalty again, and Osisko had a major stream asset get bigger.Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE) reported a very strong first-quarter result, with higher production and lower costs. Cash costs are $929 per ounce, and All...Read More
Both total and silver production beat estimates at the Mexico operation of this Outperform-rated company, noted a BMO Capital Markets report.Overall Q1/24 production at MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) joint venture (JV) Juanicipio project in Mexico was 7% higher than BMO Capital Markets' estimate, driven by better-than-expected silver grades, reported analyst Kevin O'Halloran in an...Read More
CHEYENNE, Wyo., May 2, 2024 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (Nasdaq: USAU), is pleased to announce that management will be attending and speaking at the 9th Current Trends in Mining Finance Conference hosted by the Society for Mining, Metallurgy and Exploration (SME), to be held on May 20-22, 2024 in New York (the "Conference").The industry-leadin...Read More
"Something will have to give."So the International Monetary Fund warns us.Yet what must give? And why must it give?These are the questions that seize our attention today. Reports Bloomberg:The International Monetary Fund leveled an unusually direct criticism at U.S. policymakers Tuesday, saying the country's recent standout performance among advanced economies was in part driven by an unsustainabl...Read More
Does the Fed even matter that much to the real economy and investor portfolios?That's an important question that doesn’t get nearly enough scrutiny. It's possible that neither the Fed nor the reporters who cover the Fed want to ask hard questions about what the Fed really does.Could it be the case that the emperor has no clothes?Financial journalists often refer to a Goldilocks economy ("not...Read More
Technical Analyst Clive Maund takes a look at Lion One Metals Ltd. to explain why he believes it is a Strong Buy.We bought back Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX; LLO:ASX) in the middle of February after sidestepping a severe drop, and while we were right about it being undervalued it was and is we were too early as it dropped even more while in the process of marking out a base pat...Read More
Those who involved themselves in Bitcoin markets after 2017 encountered a different operation and ideal than those who came before.Today, no one much cares about what came before, speaking of 2010-2016. They are only watching the upward price momentum and are thrilled for the increase in the asset valuation of their portfolio.Gone is the talk of separating money and state, of a market-based means...Read More
The New York Stock Exchange is considering moving to 24/7 trading, the Financial Times reports.At the risk of sounding like an old crank, I must admit that I absolutely hate this idea.Sure, the younger generation might love to trade meme stocks and manage their crypto holdings at 3 A.M. But I need what precious sleep I can get. The last thing I want is my brokerage account pinging me with price al...Read More
The big news this weekend is that the House passed a long-anticipated $95 billion foreign aid package.About $61 billion will go to assist Ukraine in its war with Russia. About $26 billion will go to Israel (with some humanitarian aid for Gaza) and around $8 billion will go to supporting allies in the Indo-Pacific region, most notably Taiwan.The package will go to the Senate this week, possibly as...Read More