Controversial development plans for Northern Dynasty Minerals' (TSX: NDM; NYSE-AM: NAK) wholly-owned Pebble project in southwest Alaska's Bristol Bay region, have swung further in the company's favour following the release of a preliminary version of the U.S. Army Corps of Engineers' final environmental impact statement (EIS).The executive summary of the draft EIS, recently leaked to the media, ta...Read More
The flurry of M&A transactions last year brought a much-awaited consolidation of the global gold sector. It also brought significant changes to the Canadian mining landscape: Newmont's (NYSE: NEM) takeover of Goldcorp wiped a major Canadian firm off the board, and Barrick Gold (TSX: ABX; NYSE: GOLD), while still Canadian, has undeniably shifted its focus away from the country, with few executives...Read More
Nine months after construction began on its Relief Canyon mine in Nevada, Americas Gold and Silver (TSX: USA) has poured first gold and expects commercial production to start before the end of the second quarter of the year.Relief Canyon, about 153 km northeast of Reno, was built within budget for US$28 to US$30 million.The mine is expected to produce 91,000 oz. gold per year over a 5.6 year mine...Read More
As part of U.S. President Donald Trump's proposed federal budget for fiscal 2021, his administration is requesting US$150 million annually over the next decade to stockpile U.S.-mined uranium in a new national uranium reserve.The move is designed to prop up domestic production as a matter of national energy security and re-establish the country's nuclear fuel supply chain.Trump's "Budget for Ameri...Read More
According to the 2020-21 budget document, revenue from mineral tax, fees and miscellaneous mining receipts is forecast to fall 29% in fiscal 2020-21, mainly owing to assumed weakening coal prices onRead More
Editor's Note: I've been trying to educate you about private placements like those I offer to members of Nick's Notebook. They can be extremely lucrative for several reasons, which I explain here. But it's always better to show than to tell. So below is a sample deal that members of Nick's Notebook are participating in this week. It's a high-grade silver discovery play with multi-bagger upside tha...Read More
Gold futures surpassed $1,600 an ounce on Tuesday and analysts believe the precious metal has the fuel it needs to climb to its highest level in more than...Read full newsRead More
Gold futures surpassed $1,600 an ounce on Tuesday and analysts believe the precious metal has the fuel it needs to climb to its highest level in more than...Read full newsRead More
In this update we are going to review a small but important range of commodities / lead indicators which strongly suggest that the seemingly endless bullmarket in US equities is living on borrowed time and will end sooner rather than later, and given how long it has lasted and how extremely overvalued it has become, the downturn will likely start with a crash phase.Regardless of what the eventua...Read More
By: Ira EpsteinGold monthly chart is bullish. Gold has been consolidating since the start of the year..Read More
By: Gary SavageThe bullion banks are in jeopardy of being short-squeezed out of their huge short-position, like last year when they lost billions..Gary Savagehttps://blog.smartmoneytrackerpremium.com/Disclaimer:Investing in the financial markets can involve considerable risk. Past performance is not necessarily an indication of future performance. The information included in The Smart Money Trac...Read More
"The impacts of the war and the pandemic are hard to disentangle in market and economy charts, but it looks like positive developments in the war...were overshadowed by the pandemic, marking the end of an equity rally..." Ray Dalio, Bridgewater Associates, speaking at the World Economic Forum, Davos, Switzerland, January 21, 2020 "Investing should be more like watching paint dry or watching gra...Read More
By Avi GilburtIn late October and again in November, I began preparing my subscribers for the last rally phase we experienced in the metals complex. I even penned a number of public articles outlining my expectations for the same. In fact, on November 11, I published an article entitled "Gold Is Likely Approaching A Local Bottom." As we now know, gold actually struck its bottom at the time with...Read More
Index futures were getting drubbed Monday night on news that Apple's Q1 revenues will take a hit from coronavirus-related work slowdowns and lower iPhone sales in China. However, it remained to be seen whether this so-far controlled selloff will become an avalanche when stocks open Monday morning. If it were a Sunday night, the FAANG/lunatic stocks would be moving lower in tandem with the E-Mini...Read More
Ability/inability of spot gold to trade over $1600 will decide the trend for gold for the next three week's. Right now the trend is bullish. Silver will break free from $1740-$1810 trading range and form a new range. Copper, crude oil and nickel, boom or bust two days ahead. Right now trend is bullish for copper and nickel. Japan, Eurozone, Singapore, are among the various nations (apart from Ch...Read More
Ted Seifried, VP and chief market strategist at Zaner Ag Hedge, discusses coronavirus impacts on commodities. He says oil and soybeans are suffering amid fears of the disease, while gold is benefiting from the fear trade.Read full newsRead More
Ted Seifried, VP and chief market strategist at Zaner Ag Hedge, discusses coronavirus impacts on commodities. He says oil and soybeans are suffering amid fears of the disease, while gold is benefiting from the fear trade.Read full newsRead More
Our Adaptive Dynamic Learning predictive modeling system is suggesting Gold will rally above $1650 within the next 2 to 4 weeks, then settle into a narrow price range above $1600. If you've followed our analysis of Gold over the past few months and years, you already know we expect Gold to rRead full newsRead More
Amazon Chief Executive Officer Jeff Bezos will commit $10 billion to fund scient...Read full newsRead More
Happy hunting.Read full newsRead More