"We make it clear in our data policy that we use the information people provide to Facebook to improve their experience and that we might work with service providers to help in this process."Continue...Read More
Jason talks about mercantilism and listener comments about tariffs and the history of trade wars. He also makes some educated guesses about how the US vs China trade war could escalateJason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people...Read More
They used to say, follow the money, now it's follow the debt. John Rubino believes that the key to deconstructing the news media's latest hype or fake news is to simply watch the debt explode geometrically. Excessive debt causes irrational behavior which leads to comedians getting elected president. Where have we seen that before?John Rubino is the founder and manager of the popular financial webs...Read More
The Fed tightens and stocks tank. The Fed promises to stop tightening and stocks soar. The Fed implies that it might actually cut rates and stocks soar some more. The Fed appears to Continue...Read More
Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW (R) board game, founder of the financial education-based Rich Dad Company and author of...Read More
Tesla Inc Chief Executive Elon Musk personally owes $507 million to Wall Street banks involved in Tesla's stock and debt saleContinue...Read More
After a short rally at the start of 2018 year peaking at $1,354/ozt on March 25, the gold price fell steadily during Q2 and Q3 to USD 1,176/ozt on August 16, and then rebounded to $1,280/ozt on December 28. We analysed the effect of the gold price on the gold mining industry using data from the Mining Intelligence Data Application. The data we used represents companies reporting quarterly producti...Read More
Analysts are questioning Uber's viability. Many are concerned it will never make a profit. There's too much competition.Continue...Read More
The threat of higher import tariffs in the United States failed to have much of an effect on China's rebar market, with domestic prices holding steady on Monday May 6 despite tumbling futures.Domestic Eastern China (Shanghai): 4,090-4,140 yuan ($607-615) per tonne, unchangedNorthern China (Beijing): 3,990-4,030 yuan per tonne, unchangedWhile rebar futures experienced a big decline during the day a...Read More
China has expanded its domestic debt to fund its growth, much of which qualifies as malinvestment, creating financial vulnerabilities its government is anxious to mask.Continue...Read More
It's been a rough few weeks in the precious metals and junior resource sectors since the last time 321gold founder Continue...Read More
Several weeks ago we wrote about the downside risk in the gold stocks. After the various gold stock indices Continue...Read More
Vancouver-based EnGold Mines has successfully extended the high grade gold-bearing quartz veins at its Lac La Hache property in the Cariboo region. The veins include a series of narrow, quartz-carbonate, gold-silver sulphide veins in several new showings chosen after follow-up to the 2018 soil geochemical results. The seven hole, 463-metre drill program extended the Main vein to 180 metres total s...Read More
Brazilian slab export prices rose last week due to the increased focus of local producers on the US market before an annual quota is filled.Fastmarkets' weekly price assessment of steel slab exports from Brazil went up to $540-550 per tonne fob on Friday May 3, from $495-545 per tonne fob in the previous week.Local producers in Brazil were sending almost all of their volumes to buyers in the Unite...Read More
The United States and a group of Pacific allies are proposing to finance a power plant to kick-start the Wafi-Golpu mine in Papua New Guinea, one of the world's largest untapped gold resources, two sources familiar with the plan said.The proposal would be the first to be funded by a partnership of the United States, Australia, New Zealand and Japan that pledged to support electricity projects in P...Read More
Chile's Codelco, the world's No. 1 copper producer, made headlines recently not for its production of the red metal but for putting an end to a centenary tradition.For decades, the National Copper Corporation gave away expensive gold watches to workers that have been with the company for over 30 years. But the practice came to an end in 2019.According to the local press and the agency AFP, when th...Read More
Bob Moriarty of 321 Gold profiles a young company that he sees as a pure call on the price of platinum and palladium. In mid-April Generation Mining Ltd. (GENM:CSE; GENMF:OTCQB) signed a Letter of Intent (LOI) with Sibanye-Stillwater (SBGL-NYSE ADRs) to obtain up to 80% of the Marathon PGM project near Marathon, Ontario. At the end of 2017 Sibanye reported resources of 730 million pounds of coppe...Read More
I was going through some old long term charts I haven’t posted in many years to see if there was anything of interest to post tonight. With long term charts things don’t change very fast and the big picture can stay viable for years. I have literally hundreds of charts for the different PM stock indexes that I’ve built through the years that are tucked away in different chart lis...Read More
May 3rd, 2019(S14-E694)Featured GuestsDr. Seth Shostak Ph.D.& Bob HoyePlease Listen HereInterview RecapDr. Seth Shostak Ph.D, lead Astronomer and Astrophysicist at SETI, makes his Goldseek.com Radio debut. Dr. Shostak has a weekly broadcast where he discusses need to send NASA probes throughout the solar system for signs of life. The signalhunters team has rendered several thousand images o...Read More
By: David Chapman "Sell in May, and go away." old stock market adage "All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies." Warren Buffett, CEO, Berkshire Hathaway; investor and philanthropist, b. 1930 "Wall Street's graveyards are filled with men who were right too soon." William Peter Hamilton, editor, The Wall Street J...Read More