What Went Wrong With Capitalism?Author Ruchir Sharma has authored a work bearing that very title.His answer is that nothing went wrong with capitalism. Instead, capitalism itself was wronged.Wronged, that is, by tinkerers and meddlers.In its childhood capitalism was seized by the boundless energy and ambition of youth.Before it rose a vast vista of endless possibility. Into this seeming infinity i...Read More
Investor TV - Friday, November 1, 2024 at 12:00 pm ESTCHEYENNE, Wyo., Oct. 30, 2024 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (Nasdaq: USAU) is pleased to announce that Luke Norman, Chairman of U.S. Gold, will be a panelist on the upcoming live panel discussion entitled Mined in the USA - Gold, Profits & Politics hosted by Investor TV. The live panel...Read More
They show that the resource may be expanded at one of the two properties comprising the project, noted a Hannam & Partners report.Thesis Gold Inc. (TAU:TSXV; THSGF:OTCQX; A3EP87:WKN) reported drill results from the 4,100 meter (4,100m) summer exploration program at its Lawyers property in British Columbia, reported Jonathan Guy, director of mining research, Hannam & Partners, in an Oct. 24 researc...Read More
LONDON, 30 October 2024 - Analysis from BullionVault is cited today by Frankfurter Allgemeine Zeitung online, one of the German language's largest news outlets."The price of gold has recently set new records time and again," says FAZ, quoting BullionVault's count of the Euro gold price's new highs so far in 2024.Read the full story (in German) at FAZ.net here:Gold f?r mehr als 100 Milliarden Dolla...Read More
Peter Krauth of the Silver Stock Investor explains why he thinks AbraSilver Resource Corp. (ABRA: TSX.V; ABBRF:OTCQX) might be a good stock to investigate.AbraSilver Resource Corp. (ABRA: TSX.V; ABBRF:OTCQX) has more drill and geophysical survey results. Their ongoing 20,000m drill program at Diablillos in Argentina produced the following highlights:Holes DDH 24-017, DDH 24-021, and DDH 24-024 wer...Read More
All eyes are on gold's record-breaking run.The gold bull is in full swing this month as the yellow metal extends to new highs... again. Gold has been on an absolute tear since breaking out above $2,500 for the first time ever back in September, jumping almost double-digits on its run above $2,700.I've recently discussed how the financial media was largely ignoring gold's impressive rally to new hi...Read More
Technical Analyst Clive Maund explains why he thinks Rockland Resources Ltd. (RKL:CNSX) is a worthy addition to a basket of junior mining stocks.Rockland Resources Ltd. (RKL:CNSX) is an intriguing speculative play here. The company is exploring the lightweight metal Beryllium in the State of Utah in a place where it is likely to find it since the location where it is looking for it is in close pro...Read More
Should the U.S. national debt be considered an actual crisis? Does it have the destructive power of a hurricane, tornado, earthquake or other crisis?The short answer is yes but the full explanation requires a financial history lesson.The first point to understand is that debt can be good or bad. Deciding which depends on two criteria: What is the cost of the debt relative to the returns that can b...Read More
Technical Analyst Clive Maund explains why he thinks Silver North Resources Ltd. (SNAG:TSX; TARSF: OTCQB) is at another favorable "buy spot." Although we last looked at Silver North Resources Ltd. (SNAG:TSX; TARSF: OTCQB) relatively recently on September 18, it is worth taking a fresh look at it now because the company released positive drill results on the 16th of this month, which confirmed a fo...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market and how he went from a "silver-hater" to the bullish side of the vessel.Ever since the heady days of late 2019 when Fed Chairman Jerome Powell decided to go about the task of "fixing" the REPO market by doing an immediate about-face and slashing interest rates, I have remained a stalwart bull on gold pric...Read More
NexGold Mining Corp. (NEXG.V:TSXV; NXGCF:OTCQX; TRC1.F:FRA) and Signal Gold Inc. have announced the upsizing of their previously announced concurrent financing to a total of US$17 million due to strong demand. Read how this financing will accelerate the company's gold production from projects in Canada.NexGold Mining Corp. (NEXG.V:TSXV; NXGCF:OTCQX; TRC1.F:FRA) and Signal Gold Inc. have announced...Read More
The current setup on the silver chart is alot like the start of the silver bull market of the early 2000s. In those dayssilver was under $5 and considered cheap.The current bottoming pattern from around2014 to now is very similar to the early 2000s bottoming pattern (see the chartbelow). I have highlighted two similar patterns(marked 1 to 5).The bottoming period of the early 2000s started when sil...Read More
Speaking with a friend about the migrant crisis in the United States, she made an interesting observation. Many of the most prosperous Western nations in the world today are facing the same problem.They're flooded with migrants who are overwhelming the system, infuriating the citizenry, adding fiscal burdens, disrupting public order and leading to possible political instability.Interesting questio...Read More
The current setup on the silver chart is alot like the start of the silver bull market of the early 2000s. In those dayssilver was under $5 and considered cheap.The current bottoming pattern from around2014 to now is very similar to the early 2000s bottoming pattern (see the chartbelow). I have highlighted two similar patterns(marked 1 to 5).The bottoming period of the early 2000s started when sil...Read More
The current setup on the silver chart is alot like the start of the silver bull market of the early 2000s. In those dayssilver was under $5 and considered cheap.The current bottoming pattern from around2014 to now is very similar to the early 2000s bottoming pattern (see the chartbelow). I have highlighted two similar patterns(marked 1 to 5).The bottoming period of the early 2000s started when sil...Read More
Thanks to recency bias, we tend to think the world has always been more or less as it is today. Tectonic shifts beneath the veneer of everyday life escape us unless we make a concerted effort to peel back the veneer of normalcy.For example, consider the rise of finance as the dominant force in our socioeconomic/political status quo. Statista gives us a rough picture of the dominance:In 2023, the f...Read More
The current setup on the silver chart is alot like the start of the silver bull market of the early 2000s. In those dayssilver was under $5 and considered cheap.The current bottoming pattern from around2014 to now is very similar to the early 2000s bottoming pattern (see the chartbelow). I have highlighted two similar patterns(marked 1 to 5).The bottoming period of the early 2000s started when sil...Read More
Since the creation of the Federal Reserve,the Dow Jones has significantly outperformed silver.It was only during brief periods before the1919 and 1980 silver peaks that silver was able to outperform the Dow (see theDow/Silver chart below). The Dow/Silver ratio...Read More