Feb 26, 2019 Guest(s): Keith Neumeyer CEO, First Majestic A major bid, most likely from central banks, is coming onto the market for gold and is affecting silver in a positive way, said Keith Neumeyer, CEO of First Majestic Silver. "I want to see silver really break through $17.50 to $18.00 [an ounce]. I think that's kind of the key number. We did test that level in early 2018 and it failed and...Read More
David Stockman on Real Vision (Feb. 25, 2019)David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deforma...Read More
"Our planet is going to hit disaster if we don't turn this ship around and so it's basically like, there's a scientific consensus that the lives of children are goingContinue...Read More
David believes that 2019 will be a year of extremes for the broader markets in that there will first be a melt-up and then later in the year a meltdown. The dollar is likely to roll-over soon, and he expects gold to rise this year to $1550. A global deflationary bust is coming which will be severe, and it will be like 2008 but on steroids. They will stop it again this time with massive money print...Read More
I'm always on the lookout for leading indicators that can give us an edge over erratic, irrational markets.There are a lot of them.Continue...Read More
Back in 2013 I recall having a bearish view on the stock market due to extremely bullishContinue...Read More
"In the first few years after its introduction, Greece gained hugely from the euro but since 2011 has suffered enormous losses," Continue...Read More
The New York Federal Reserve recently sent out an early Valentine's Day present to a certain group of individuals. However, this gift wasn't to overleveraged American consumersContinue...Read More
LONDON, 25 February 2019 - Comment from BullionVault features today in the latest gold-price update from leading US financial news-site MarketWatch."After falling for the Federal Reserve's line that it would keep raising interest rates in 2019," says BullionVault's Adrian Ash, "the interest-rate market now says it won't even raise once by this time next year."That high level of expectation, says A...Read More
The chief executive officer of Newmont Mining Corp. labeled a potential takeover attempt by rival gold miner Barrick Gold Corp. as a "desperate" and "bizarre" move aimed at complicating his company's pending deal to acquire Goldcorp Inc.In his first interview since Barrick confirmed Friday it has considered a bid for Newmont, Gary Goldberg said he's focused on completing the Goldcorp takeover and...Read More
Feb. 22nd, 2019(S14-E684)Featured GuestsDr. Stephen Leeb& Michael PentoPlease Listen HereBest selling author, and show Mentor, Dr. Stephen Leeb returns with an even more robust outlook on precious metals.Dr. Leeb feels the trade war between the US / China will be resolved amicably without undo distress to either nation.The narrative includes the musical accomplishments of Glenn Gould, a most rem...Read More
Gold has rallied 12% since last August, but it's still a buy. So are gold mining stocks. The metal and mining companies look like a good hedge against possible global turbulence, stagflation or recession ahead. Gold is a play on possible dollar weakness, too. "I remain very positive and constructive on gold," says Frank Holmes, the CEO and chief investment officer at U.S. Global Investors GROW, +...Read More
Citigroup Inc. said it entered into a financing deal with Venezuela's central bank in 2015 essentially using $1.6 billion of gold held at the Bank of England as collateral.A subsidiary bought the precious metal up front, taking full legal ownership under a contract that requires Venezuela's central bank to periodically buy back portions at predetermined dates, Citigroup said in a filing on Friday....Read More
Scientists are calling on mine operators to restore animal communities when they carry out site rehabilitation programs.According to a paper published in the journal Pacific Conservation Biology, the impact of mining on animals is overlooked as fauna tends to be under-recognized in assessments of restoration success. Based on a global review of literature, the Curtin University study found that ov...Read More
Mining chatter in the Yukon these days is all about the yellow metal. It's been that way for at least 10 years, according to geologist Mike Burke, who spent more than 20 years working for the Yukon Geological Survey before moving to the private sector."People were having a hard time in 2008, and then along came Kinross and bought Underworld Resources. That started an area play," Burke recalls.Now...Read More
The most recent Annual Survey of Mining Companies by the Fraser Institute ranked British Columbia seventh among Canadian mining jurisdictions. But no other province or territory has had two new precious metal mines reach commercial production less than 15 months apart over the last two calendar years.In July 2017, Pretium Resources (TSX: PVG; NYSE: PVG) launched commercial production at its high-g...Read More
Fitch Solutions' industry trends analysts have revised Canada's 2019 gold mine production growth forecast up to 6% from 2% predicting production to grow robustly as new projects come online over the coming quarters.Canada's dominance in attracting exploration investment has resulted in a strong gold project pipeline set to come online in 2019. Over the past decade, Canada has been able to attract...Read More
Fitch Solutions' industry trends analysts have revised Canada's 2019 gold mine production growth forecast up to 6% from 2% predicting production to grow robustly as new projects come online over the coming quarters.Canada's dominance in attracting exploration investment has resulted in a strong gold project pipeline set to come online in 2019. Over the past decade, Canada has been able to attract...Read More
Feb. 22nd, 2019(S14-E684)Featured GuestsDr. Stephen Leeb& Michael PentoPlease Listen HereBest selling author, and show Mentor, Dr. Stephen Leeb returns with an even more robust outlook on precious metals.Dr. Leeb feels the trade war between the US / China will be resolved amicably without undo distress to either nation.The narrative includes the musical accomplishments of Glenn Gould, a most rem...Read More
Dear Friend of GATA and Gold:From GATA's point of view the problem with mainstream Western news organizations isn't so much "fake news" as suppressed news.Since the selection of every serious news story is essentially a political act, heavily influenced by the opinions of its writers and editors, news is not arithmetic. It always will be whatever writers, editors, readers, listeners, and viewe...Read More