It is true that a stock market crisis is the time to make your fortune. In 2002, after the dot-com bubble, you could have bought Amazon (NASDAQ: AMZN) for $3 and a pickle. A few months ago, it hit an all-time high of $2,185.That is a 72,733.3% increase in 20 years. Amazing.I remember George Soros being interviewed in 2009. He said, "I'm having a great crisis." His Quantum Fund gained 28% that year...Read More
This episode features the second part of a keynote speech by mining mogul and financier Robert Friedland at the Prospectors and Developers Association of Canada (PDAC) conference in Toronto. Friedland discusses how the anti-microbial qualities of copper can help eliminate superbugs, such as the coronavirus, and will be needed in places such as hospitals and cruise lines. He also warns about an i...Read More
Uranium companies Cameco (TSX: CCO; NYSE: CCJ) and Orano Canada are suspending mining and processing activities at their operations in northern Saskatchewan due to COVID-19.The two companies jointly agreed to suspend production activities: Cameco operates the high-grade underground Cigar Lake mine, with processing of the ore at Orano's McClean Lake mill.A production ramp-down will take place in t...Read More
Canadian juniors MegumaGold (CSE: NSAU; US-OTC: NSAUF) and Osprey Gold Development (TSXV: OS), with projects in Nova Scotia's largest historic bullion district, are merging their businesses to create "a leading precious metals exploration company" in a province experiencing a gold exploration boom.The all-stock business combination will see Vancouver-based Osprey's shareholders receive MegumaGold...Read More
The gold price surged on Monday after the U.S. Federal Reserve promised to pump "unlimited" amounts of money into the financial system, boosting the metal's status as a store of wealth and an inflation hedge.On the Comex market in New York, gold for delivery in April, the most active contract, closed just off its day high at US $1,567.60 per oz., up US$83.00 or 5.6% compared to Friday's close.Mond...Read More
When I landed at Toronto's Pearson International Airport on March 20 aboard an Air Canada 'repatriation' flight from Mexico, none of us were checked to see if we had a temperature - a symptom of COVID-19. Instead, we were handed sheets of paper with instructions about self-quarantining for fourteen days and recognizing symptoms. The airport dispensed with the immigration kiosks for my flight - but...Read More
Unigold (TSX: UGD) has reported intercepts of 10.18 grams gold per tonne over 19 metres and 12.94 grams gold over 11 metres at its Candelones Extension deposit, 200 km northwest of the Dominican Republic's capital city of Santo Domingo.The high-grade drill results came from step-out holes targeting the western end of the proposed pit, where the company wants to follow mineralization to depth and a...Read More
I spoke with one of the most successful speculators and investors in the resource space, Rick Rule, and brought you part one of the interview yesterday. We covered whether the Fed can print its way out of this, which commodities Rick is most bullish on, and why we're on the verge of a historic cycle for precious metals.Today we continue with part two. Read on to draw on Mr. Rule's 45 years of expe...Read More
ValOre Metals Corp. (TSX-V: VO) CEO and Discovery Group co-founder Jim Paterson is a veteran of the mining sector.Read More
Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) - a developer of formulations made with medicinal mushrooms and mushroom-infused products - has acquired...Read full newsRead More
Strengths? The best performing metal this week was gold, down just 2.04 percent. BullionStar, a bullion dealer in Singapore, has seen a record number of orders, order revenue and number of visitors to its center over the past month, according to a post on its website and as reported by Bloomberg. "We have managed to replenish a bit of gold on Saturday but it's very difficult to...Read More
The pros who confidently bought the dips for more than a decade are now quietly selling the rallies. During the bull market, accumulating stocks on weakness was a no-brainer, as easy a ticket to big profits as investors will ever enjoy. But the bear market has ended this rare opportunity. Instead, the Masters of the Universe have been unloading as much stock as they can into every rally. This ta...Read More
By Avi Gilburt, ElliottWaveTrader.netSo, how many of you followed reckless bulls into this mess?I know many of you took me to task for missing some of the rally in the SPX. But, as I had been trying to warn you, the IWM and the EEM, as well as a host of other charts, were warning me that something was just not right about the move in the SPX. Then, when I publicly posted that I was shortin...Read More
There are two things which we all need to focus w.r.t to corona virus:Positive: China could be corona "virus free" in the next two weeks to four weeks. This will be very bullish for crude oil demand and industrial metal demand.Negative: One needs to closely watch the corona virus spreads in India, Pakistan, Bangladesh and Indonesia. These are world's most densely populated zone with inadequate m...Read More
Endeavour Miningsaid on Monday it will acquire Toronto-listed Semafoin a C$1 billion ($690.7 million) deal to create the biggest gold producer in Burkina Faso, increasing its focus on the country despite rising insecurity.The combined group will produce 1 million ounces of gold a year, EndeavourRead full newsRead More
ImagineAR.com is a mobile augmented reality platform that can be used to instantly create mobile activations and engagements anywhere in the world. Businesse...Read full newsRead More
Shares of Roche Holding AG Read full newsRead More
Here is what's new today on INK Ultra Money. Canadian Insider Ultra Club members have access to both premium and free content all the time. If you are not a Canadian Insider Club Ultra member, get full access to Real Vision and INK Research premium videos and see what stocks insiders are buying now by joining us. Use coupon code SPRING20 for a $100 discount off a new 2020 membership (renewals wil...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that it has commenced delivery on its large government tender for up to 15,000 push-to-talk devices, previously announced on December 02, 2019.Depending on the total units and mix between rugged handsets and in-vehicle devices, the tender is valued between $3-million to $5-milli...Read More
The number of new confirmed cases jumped by more than 26,000 yesterday to 292,142 globally and the death toll rose by 1,600 to 12,784, according to the World Health Organisation.Marex Spectron global head of market analytics Guy Wolf said global macro indices had collapsed to a post-GFC low, however "risks now lie to the upside not the downside"."Global equity markets are seeing out-performance in...Read More