Whether instigated by external factors or the result of government decisions or policies, the devaluation of a currency has the potential to boost a country’s economic conditions. It’s not a permanent solution or the most viable way to put a country’s economy on track, but it works — mostly because a devalued currency encourages exports and slows down imports.The loonie has...Read More
Quantitative easing, checks for every American, expanded unemployment, small business loans, and a grand total $2.2 trillion in deficit spending...Hasn't been enough, apparently.Donald Trump, facing an election year crisis like none ever seen before, now thinks it's time for that infrastructure bill he's been promising for four years."With interest rates for the United States being at ZERO, this i...Read More
Centamin has been without a full time CEO since the resignation of Andrew Pardey in October.Read More
By: Gary SavageThere are one of two ways this can go here, retest the lows soon and then followed by a sustained rally. Will depend on how countries implement covid response.Unemployment report on Friday. Market might get nervous into report, but odds are better that we don't undercut prior lows if we even do go down. The other possibility is..Recorded March 31, 2020https://blog.smartmoneytracke...Read More
Stewart Thomson, Graceland Updates 1. Gold is majestically postured now, because America's government and central bank continues to borrow, spend, and print money with surreal intensity.2. The light at the end of the tunnel is a stagflationary freight train.3. Please click here now. Double-click to enlarge. A beautiful inverse H&S bull continuation pattern is in...Read More
By: Ira EpsteinI was warning for an end of the quarter volatility as we finish out the first quarter. Can't wait for gold to get out of this pattern. This is where I am concerned..Read More
Reduction or normalization in gap between spot gold and Comex gold June futures is the prime reason for gold price to fall. Delivery uncertainties are over the immediate term. I expect physical gold to be in short supply this quarter. USA, UK and Europe are in a pathetic state of corona virus. India will soon become a largest home of corona virus, thanks to a Muslim congregation where hundreds o...Read More
Analysts are expecting S&P 500 earnings growth to decline 5.2% in the first quarter, according to FactSet.Read full newsRead More
March 31, 2020 (ACCESSWIRE via COMTEX) --VANCOUVER, BC / ACCESSWIRE / March 31, 2020 / First Mining Gold Corp. (Read full newsRead More
South Africa's stock market is set for its worst quarter on record as the coronavirus ravages global equities, but gold miners are at least shining amid the gloom.Read full newsRead More
This article about Warren Buffett Investment Strategy was written by Gabriel Plat, a Financial Analyst at I Know First. Credit: AP Photo / Nati Harnik Successful investing takes time, discipline and patience.Price is what you pay. Value is what you get.- Warren Buffett Summary Warren Buffett investment strategy consists of identifying undervalued stocks and holding...Read full newsRead More
Talisker Resources (CSE:TSK) (OTCQB:TSKFF) is pleased to announce partial results from the first drill hole at the Bralorne Gold Project. Read full newsRead More
Aben Resources Ltd. (TSXV:ABN) (OTCQB:ABNAF) has implemented operational procedures across the company to protect the health of its office staff, field crews, contractors, stakeholders, and local communities during the COVID-19 global pandemic. Read full newsRead More
"...McGlone said that (#gold) will be the asset to own as the spreading #COVID pushes the global economy into...recession. He added that (it) will outperform both oil and base metalsRead full newsRead More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") today announced that it has launched the next generation line of Uniden (R) cellular signal boosters, helping families and businesses improve network connectivity for work, school and entertainment purposes. The new home office line of cellular signal boosters includes the Uniden (R) U60C 4G and Unide...Read More
'We have been receiving reports of people taking advantage of the current situation'Read full newsRead More
"Copper jumped, while the other LME metals were a mixed bag on Tuesday, after Chinese manufacturing activity recovered sharply in March," Marex Spectron's Anna Stablum said from the LME desk (Singapore).However, she said some analysts believed the worst was yet to come as the survey only asked how business compared to the previous month, which showed the deepest contraction since at least 2005.Mor...Read More
In early March, BHP (NYSE: BHP; LON: BHP) Chairman Ken MacKenzie said the mining giant was in a strong position should COVID-19's impact on the market create M&A opportunities."On balance, the business is in very good shape," Reuters reported MacKenzie as saying during the Australian Financial Review summit in Sydney on March 10. "I'm not sure if there will be any opportunities that will come from...Read More
A volatile market is a scary market — and today’s market is the stuff of nightmares. Stocks reached all-time highs almost across the board, so it was almost a guarantee that we would see at least some sort of major dip. Then came coronavirus, and the market crash that followed.While there’s a lot of advice floating around concerning what to do with your stocks, it doesn’t a...Read More
The market crash has crushed countless portfolios. But not every stock is feeling the same pain.Gold, for example, is traditionally a safe-haven asset. Throughout history, gold has often risen in value during a bear market. Mining companies that produce gold, therefore, could see their profits rise as well.Yet it’s not as simple as buying gold stocks. Many mining companies are riddled with d...Read More