Gold Resource Corporation (NYSE American: GORO) (the "Company") updated its annual reserve estimates as of December 31, 2018, increasing its proven and probable reserve tonnes at both its Oaxaca Mining Unit and Nevada Mining Unit by a combined total of 18% gold ounces and 14% silver ounces. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oa...Read More
By: IRA EPSTEINGold Price action consolidating in narrowing ranges. 18 day average is key (~1322.70$)Read More
The recent plunge in Heinz-Kraft shares reminds us that even Warren Buffett can make a mistake. A couple of years ago, it might have seemed as though the Sage's portfolio was impervious to downturns, given its heavy focus on the basics: food chain, railroads and insurance companies. As it happens, his bet on such time-tested brands as Oscar Mayer, Jell-o, Kraft Singles, Kool Whip and Cheez-Whiz...Read More
The correction in industrial metals was a case of "buy the rumour and sell the fact". The rumour was a trade deal between USA-China. Now that the trade deal is more or less a done deal, there was profit booking. There can be more corrections in industrial metals and thereafter a period of consolidation. The next big move will be next week around the release of various US jobs numbers. Once detai...Read More
Back in December, there was an issue where I told you about a surfing accident sent me to the hospital for a weekend. And I said my own experience demonstrated how important it is to fully understand the type of insurance you have before an unexpected event sends you to the ER. Despite a little lingering soreness, I've pretty much fully recovered from the four broken ribs and collapsed lung. I wa...Read More
Feb 27, 2019 Guest(s): Rob McEwen Mining mogul Rob McEwen said that more consolidation on the mega-cap level without premiums would ultimately mean shareholders benefit in the long-term. "Over the last five years, you've heard a growing voice from shareholders saying 'hey, look after our interests first.' And by going in and doing an at-market or discount to market where you can see real synerg...Read More
Feb 27, 2019 Guest(s): Axel Merk The Fed Funds Rate is still below neutral, and investors can expect one or two more rate hikes this year, but this won't deter gold's slow march forward, said Axel Merk, president and CIO of Merk Investments. "The price of gold has been moving higher even if rates have been moving higher. And it's either the folks investing in gold are looking beyond the hump wh...Read More
Money manager Michael Pento gives his simple economic road map. Pento says, "We're going to have one final whoosh down in stock prices and in the economy. That's going to bring Jerome Powell (Fed Head) back to 0% interest rates and back into QE (money printing), and then it is intractable inflation for as far as the eye can see. That is going to be a very, very dangerous new paradigm for the world...Read More
Certain political elements within the United States simply can't deal with the fact that our Founders created a voting system that ensured limitations on mob rule stemming Continue...Read More
"The judge was like, 'This looks like a one-off..."We may have to do discovery and get the CHP to tell us all the instances where this has happened."Continue...Read More
We had some creative questions to ask Jim about life philosophy, influence and what he would tell his 20-year old self, but also dig into those questions about investing today, where the markets are headed, his long-term view of economies and we threw in a few questions that you guys sent in to us. 03:22: Jim Leaving the Backwoods of Alabama for the Ivy League and Wall Street04:56: How Jim Defines...Read More
"Boeing will benefit greatly from her broad perspectives and combined diplomatic, government and business experience to help achieve our aspiration to be the best in aerospace Continue...Read More
Most of us take it for granted that the food and drinks we buy from the store are not putting our health at risk. However, new research from public health groups andContinue...Read More
The biggest driver of major markets right now is the possibility of a US-China trade deal.Continue...Read More
New surveillance technology coming to automobiles will know if you are speeding and record every detail of your journey and it could be headed our way.Continue...Read More
COT SPECIAL PUBLICATION SCHEDULE Reminder -- Due to the U.S. Government Shutdown (February 1 Announcement) The last COT report was published on December 21, 2018. Reports going forward from that date will be published in chronological order beginning with the report previously scheduled for release on Friday, December 28, 2018 (based on data from Monday, December 24, 2018). The CFTC publ...Read More
Yale Sterling Economics Professor Robert J. Shiller breaks down Fed Chair Jerome Powell's testimony before the Senate Banking Committee and the economic outlook.Robert Shiller is an American economist, academic, and best-selling author. He currently serves as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management's International Center for Finance. Mr...Read More
"A statistician is someone who can draw a straight line from an unwarranted assumption to a foregone conclusion." Anonymous "You know a country is falling apart when even the government will not accept its own currency." Jim Rogers, financier, adventure capitalist, b. 1942 "The generally accepted view is that markets are always right - that is, market prices tend to discount future development...Read More
SWOT Analysis: Will Hedge Funds Ramp Up Their Bullish Gold Bets? StrengthsThe best performing metal this week was palladium, up 4.74 percent with platinum on its heels up 4.32 percent with the South African mining industry warning of a week-long strike threat. Gold makes a second consecutive weekly gain. Futures of the yellow metal rose as much as 1.6 percent on Tuesday to the highest for a mos...Read More
By: Ira Epstein$1,301.60 swing point key to current uptrend:Read More