The tax system is setup to reward those that save. But half of the country doesn't have any money saved so that is a tiny problem. Continue...Read More
Mar 07, 2018 Guest(s): Randy Smallwood Wheaton Precious Metals remains focused on accretive acquisitions for the coming year, and the main criteria they have in selecting potential targets is the quality of the assets, said Randy Smallwood, CEO of Wheaton Precious Metals."That's really what we have to focus on, is how good are the assets themselves. Does it have good margins? Because not only w...Read More
Mar 07, 2018 Guest(s): Rob McEwen We are entering the early stages of a commodities cyclical bull market that could last another 10-12 years, said Rob McEwen, Chairman of McEwen Mining."This is an oversold sector, it's very depressed, and we're coming into t a cyclical upturn in commodities," McEwen told Kitco News on the sidelines of the PDAC 2018.McEwen noted that while some of the major mine...Read More
We are only a little over one year into the Donald's Presidency and what we know most for sure is that our new President loves debt. Not onlyContinue...Read More
The bill would require all internet-enabled devices sold in Rhode Island to be installed with "a digital blocking capability that renders inaccessible sexual content and/or patently offensive material." Continue...Read More
And so the immigration debate continues to hold government and the mainstream media hostage. Let's continue our analysis of the situation that we started last Monday...Continue...Read More
Gold output from Australia, the world's second-largest producer, may rise to a record this year as a stream of new projects come online, Australian mining consultancy Surbiton Associates said on Sunday.Australian gold miners, among the lowest cost globally, have enjoyed high margins in recent years, boosting output as a strengthening U.S. dollar supercharged Australian dollar prices which were the...Read More
Lundin Gold Inc has a hearty appetite for growth even as the Canadian miner focuses on building its first mine in Ecuador on time and budget, Chief Executive Ron Hochstein said on Sunday."We want to grow to be an at least 1-million-ounce-a-year producer with three to four operations," Hochstein said in an interview with Reuters at the Prospectors and Developers Association of Canada mining show in...Read More
Gold had an uptick over the past 12 months, but this is a function of a lower dollar.Gold stocks have not rallied, because in local currency terms around the world, gold is mostly down.Unless we see gold investment demand, gold will not rally, and miners as a sector will continue to underperform.Gold stocks have performed horribly over the past 12 months - this despite the fact that gold (GLD) its...Read More
One year ago Vancouver-based Northern Empire (TSXV:NM) paid Imperial Metals Corporation US$10 million to acquire a 100% interest in the Sterling Gold Property.Due to Imperial Metals coping with Mount Polley tailings spill and ramping up Red Chris Mine, the non-core project didn't receive much attention over nearly two decades of ownership by the BC copper company.Work has now begun in earnest at S...Read More
Tim Sykes here, filling in for Nilus.Today I want to tell you about a dusty old theory that will change how you get things done.The theory was actually the topic of my first Tedx Talk in Sydney, Australia.It has to do with a specific approach to setting goals that will make you more likely to achieve them.It all started with the pioneering research of Dr. Edwin Locke in the late 1960s. In 1968, he...Read More
Now that equities are behaving the way they should have since, oh, 2013 - volatile with a pronounced down bias - everyone is wondering how far the crazy will go before the Fed starts buying the S&P 500.Short sellers, of course, want to know when to close out their at-long-last-profitable bets (see David Einhorn). Cautious investors (see Warren Buffett) with money on the sidelines want to know...Read More
By David HaggithHow inflated with debt have we become? How long can we float on our own bloat? Reasonably trim in 1970, the sum of all debt publicly financed by the US government was $275 billion. Last week, the government sought to raise $258 billion in just one week! The weekly financing to keep the government afloat is now about equal to all the debt it amassed over the course of its first 18...Read More
By John Mauldin'80s FlashbackData from AfarNot TheoreticalSome Thoughts on the Trump TariffsSan Diego and the Strategic Investment ConferenceI'm going to wrap up our series on the problems of collecting and analyzing data in the first half of this letter, and then I'll quickly comment on the Trump tariffs. I think both topics will feature in this week's Strategic Investment Conference. At the en...Read More
Now that equities are behaving the way they should have since, oh, 2013 - volatile with a pronounced down bias - everyone is wondering how far the crazy will go before the Fed starts buying the S&P 500.Short sellers, of course, want to know when to close out their at-long-last-profitable bets (see David Einhorn). Cautious investors (see Warren Buffett) with money on the sidelines want to know wh...Read More
Goldmoney's Head of Research, Alasdair Macleod, shares his thoughts on the Oil-Yuan Futures and the implications for gold. Read More