Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Discussed in this interview:05:40 How dire will the next financial crisis be?10:43 Expect two coming resets in the monetary system.12:45 Chinese ambitions for reserve currency.13:58 Gold standard15:23 Silver, a monetary metal again?19:23 $50 silver22:54 Holding gold & silver in a bear market26:10 Getting ready for the economic collapseBill Holter is currently a writer for Miles Franklin and Jim Si...Read More
The cost to create the world's largest gold company: A 17 percent premium for a $10 billion all-shares acquisition that faces some big-time challenges down the line.Newmont Mining Corp.'s deal for Goldcorp Inc. stands in stark contrast to the recent zero-premium merger between Barrick Gold Corp. and Randgold Resources. The key question: Why? In October, Goldcorp shares fell to their lowest since 2...Read More
The usual suspects discuss an array of financial happenings, while Jim recaps a recent Grant's field trip.1:20 Economists and diversity7:31 McDonalds franchisees; they ain't lovin' it10:51 Buffalo bash16:17 New year, new ideas?James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author ,...Read More
A man who swore an oath of allegiance to Osama Bin Laden and met with the architects of the 9/11 attacks, Aimen Dean joined Sophie in studio to talk about his journey from Al-Qaeda operative to top MI6 spy.Read More
GGX Gold (GGX; US-OTC; GGXXF) continues to cut near surface high grade gold mineralization at its 56 sq. km Gold Drop gold property near Greenwood in southern British Columbia.The results come from a November 2018, 11 hole drill program where GGX tested the southwestern region of Gold Drop's COD vein system. Earlier results from the November 2018 drill campaign include 28 grams gold and 424.7 gram...Read More
In January 2019, following the broadcast of a television documentary in which Watson repeated his views about race and genetics, the Cold Spring Harbor Laboratory revoked honorary titles that it had awarded to himContinue...Read More
Continue...Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at...Read More
Continue...Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the...Read More
Investors and analysts are still debating whether the biggest gold mining deal ever is good for acquirer Newmont Mining Corp., but the CEO of the target company could end up millions of dollars richer.David Garofalo is eligible to collect at least $6.9 million, including as much as $4.6 million in severance and $464,000 in pension and benefits if he's dismissed as chief executive officer of Goldco...Read More
Continue...Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More
Continue...Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon von Greyerz has been actively involved with financial investment activities including mergers and acquisitions and asset allocation consultancy for private family funds. This led to the creation of Matterhorn Asset Management, an asset management company based on we...Read More
Mark Bristow's tenure as boss of the world's biggest gold miner might have been short-lived, but his message for smaller rivals just got even more pointed."Holy camoly, I missed out on a great opportunity!" is how Bristow described anyone not involved in Barrick Gold Corp.'s purchase of Randgold Resources Ltd. in September. With Newmont Mining Corp. poised to become the No. 1 producer through a $1...Read More
Chinese foreign direct investment into North America and Europe plummeted by 73 percent to a six-year low in 2018 Continue...Read More
Canada's influence on the global mining industry appears to be shrinking by the day.Perhaps stung by the nationalistic backlash against Barrick Gold Corp.'s merger with Randgold Resources Ltd., Newmont Mining Corp. devoted a big chunk of its news release Monday explaining how its $10 billion offer for Vancouver-based Goldcorp Inc. will help Canada."Munk would be rolling over in his grave at the tu...Read More
Russia is planning to invest a massive amount of capital into Bitcoin to help displace the US dollar as a reserve currency in a bid to tackle US sanctionsContinue...Read More
Buying activity started to revive gradually in the CIS export steel billet market after the new year holidays, Fastmarkets has heard. Several large sales were reported from Ukraine to Asia, helping to keep prices stable.Billet offers from the CIS region were mainly heard within the range of $405-410 per tonne fob Black Sea. Some mills gave higher offers, but these were rejected by market participa...Read More
I have previously written that all wars have been started by the Democrats with the single exception of the Iraq War under Dick Cheney and the Neocons. Now after Continue...Read More
Regional heads of state backed a call by Democratic Republic of Congo opposition leader Martin Fayulu for a recount of last month's presidential election, as the country's Constitutional Court prepared to consider his challenge against the result.Opposition leader Felix Tshisekedi was declared the surprise winner of the Dec. 30 poll. If the Constitutional Court validates the electoral commission's...Read More
Gold rose early on Monday as traders sought the safe haven yellow metal to protect themselves from falling equity prices and concerns about Continue...Read More
"The strategic rationale for combining Goldcorp with Newmont is powerfully compelling on many levels," Continue...Read More