Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
TOPICS IN THIS INTERVIEW:02:20 One tweet by Trump wrecks the stock market05:30 How well is the economic mess being managed?08:50 Gold's bull market feeling like a bitter bear market14:20 An accurate valuation of Gold and where global markets headingBill Holter is currently a writer for Miles Franklin and Jim Sinclair's Mineset where he posts weekly commentaries on gold and financial markets. Prior...Read More
David Stockman appears on "Gold, Goats, and Guns" (May 12th, 2019)David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author...Read More
What are you not being told about how stock funds are increasing volatility of our already choppy markets, compounding risk upon risk, as baby boomers count on their 401K accounts to be their nest egg to the future?Are the latest market gyrations the "beginning of the end," or are the geopolitical tensions and trade war saber-rattling all part of President Trump's grand plan?John Rubino, founder o...Read More
Jason talks about how more Fed members came out this week and gave speeches or interviews about how they want more inflation (with lower interest rates)Jason 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 of Main Street by teaching them...Read More
There are two different ways to get rich. One route is to utilize your own cash. The other path is to utilize Other People's Money, or as we call it at Rich Dad, OPM. One (utilizing your own cash) gives little to-humble returns, sets aside a long effort to work out, and requires some financial intelligence. The other (OPM) gives huge to-infinite returns, creates amazing velocity of cash, and requi...Read More
As much as bitcoin can be seen as a form of currency, it still is not a replacement for gold, said Frank Holmes, CEO of U.S. Global Investors.Frank Holmes is the CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds specializing in the natural resources and emerging markets sectors.Read More
"I'm pleased to announce we've just reached an agreement with Canada and Mexico to sell product without the imposition of major tariffs."Continue...Read More
"I would rather starve to death than change my opinions in that regard," Manning said.Continue...Read More
No sooner had we covered the battle of high frequency traders physically moving infrastructure and microwave towers to Continue...Read More
On Monday, May 13, McEwen Mining reported that a fatal accident involving a contractor's employee occurred at the Gold Bar Mine in Nevada. The Company initiated an investigation into the accident, working with the contractor and the local authorities to determine the cause. The accident involved a haul truck that overturned while operating at the site, and the individual who was fatally injured...Read More
Canada is giving the country's mining association more than C$325,000 ($242K) to develop a program that would give miners the tools and knowledge needed to better plan for climate change in decision-making at all stages of an operation's life.The project - Climate Change Risk and Adaptation Best Practices for the Mining Sector - was announced Friday by Paul Lefebvre, Parliamentary Secretary t...Read More
The major gold miners' stocks are drifting sideways with gold, their early-year momentum sapped by the recent stock-market euphoria. But they are more important than ever for prudently diversifying portfolios, a rare sector that surges when stock markets weaken. Their just-reported Q1'19 results reveal how gold miners are faring as a sector, and their current fundamentals are way better than b...Read More
Michael Willoughby, head of Asia Pacific metals and mining investment banking at JPMorgan Chase & Co., is leaving to join British lender Standard Chartered Plc, people familiar with the matter said.Willoughby has been named co-head of metals and mining for the region at Standard Chartered and will be based in Singapore, the people said, asking not to be identified as the appointment isn't yet publ...Read More
South Africa's Competition Appeal Court said Friday that Sibanye-Stillwater's (JSE:SGL) (NYSE:SBGL) planned takeover of Lonmin (LON:LMI) could go ahead, clearing the way for shareholders to vote on the transaction that would create the world's second-largest platinum producer.The transaction would create the world's second-largest platinum producerThe country's Competition Tribunal had approved t...Read More
Northern Superior Resources (TSXV: SUP) reported the discovery of eight gold-bearing structures and alteration zones at its Ti-pa-haa-kaa-ning (TPK) gold-silver-copper project in northwestern Ontario.In a press release, the miner said the discoveries represent a critical and important advance in defining bedrock-hosted high-grade gold mineralization, necessary to yield the unique world-class gold...Read More
Canadian bullion producer IAMGOLD Corp. (TSX IMG), (NYSE: IAG) said it wasn't aware of any material change that would account for a sharp price rise in its stock on Thursday and into early trading on Friday, following reports that the miner was exploring a possible sale of all or parts of its business.The Toronto-based firm, which doesn't usually comment on speculation and rumours, didn't openly...Read More
The reasons for the miss and possible paths forward were outlined in a ROTH Capital Partners report. In a May 9 research note, analyst Jake Sekelsky reported that ROTH Capital Partners reduced its target price on Hecla Mining Co. (HL:NYSE) to $3 per share from $4 after the company suspended operations at its Nevada operations. The stock was trading at around $1.51 per share on May 16.Management...Read More
The United States has lowered its tariffs on steel imports from Turkey to 25%, from the previous 50%, effective Friday May 17.The move reverses a decision by US President Donald Trump in August last year to impose higher tariffs on US imports of Turkish aluminium and steel amid an escalation in tensions between the two countries.Turkey exported 6 tonnes of hot-rolled coil under HS code 7208 to the...Read More
Reports of a standstill between the U.S. and China reversed the Dow's earlier gainsThe Dow's midday comeback didn't last long, as the index slipped back belowbreakeven by the end of the day. The index lost nearly 100 points, amid reportsthat trade negotiations between Washington and Beijing have come to a standstill. This follows a China representative's comments that the U.S. is exhibiting "bully...Read More