A senator that belongs to the leftist National Regeneration Movement (MORENA) hosted a press conference to announce he is going to lobby his colleagues so that they reject a new bill that proposes changes to Mexico's mining code.The bill was tabled by Senator Armando Guadiana's own party earlier in the week and it includes tax hikes, environmental and indigenous community protections and the possi...Read More
A report by Fitch Solutions states that the period 2018-2022 is seeing a growth in gold production because slightly higher prices and stronger company financials are encouraging greater mine investment."We forecast global gold production to increase from 104moz in 2018 to 115moz by 2022, averaging 2.6% annual growth," the document reads."We expect gold prices to continue to head higher, averaging...Read More
Medgold Resources (TSXV: MED; US-OTC: MGLDF) is wrapping up a nearly 5,000-metre exploration program at its Tlamino gold-silver-lead-zinc project in southern Serbia that partner Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is funding.Fortuna extended the 2,400-metre program based on early results, including 13.4 metres from 42 metres downhole grading 5.06 grams gold, 109 grams silver, 1.44% lead and...Read More
Ontario's Government for the People is investing in the construction of an office complex on Nipissing First Nation to increase business growth and create job opportunities in the community.Today, Vic Fedeli, MPP for Nipissing, announced Nipissing First Nation is receiving $1 million to construct a 10,000-square-foot multi-tenant office building in Bineshii Business Park along Highway 17. The high...Read More
CARLING - Ontario's Government for the People is connecting residents and businesses in the Township of Carling by supporting the construction of a new community centre and commercial kitchen.Norman Miller, MPP for Parry Sound-Muskoka, announced a $968,000 investment to build a multi-purpose centre to host community activities and private functions. The 9,443-square-foot facility will host family...Read More
Share this articleCALGARY - Canadian oil and gas companies finding little love in the stock market are repurchasing their neglected shares, driving a rise in share buybacks that's already reached a record high this year.Using scarce dollars to buy your own stock instead of investing to grow the business may seem wasteful to some, but observers say it makes sense if you have money in your wallet...Read More
By Avi GilburtI have been getting such a chuckle from the market of late.As the market made its way down to our 2600 target region towards the end of October, more and more market participants and analysts became more and more bearish. In fact, the bearishness was palpable as we approached 2600SPX.However, our analysis suggested that the market should bottom in the 2600SPX region, and begin a co...Read More
By John MauldinUnderstated ProblemEndless GuaranteesComorbid CrisesHouston, Puerto Rico, Cleveland, and Boca RatonThe selloff in GE is not an isolated event. More investment grade credits to follow. The slide and collapse in investment grade debt has begun... (and later) Don't be fooled by bond prices holding up, because trading volumes are down. There are fewer bids in the market, and the dispe...Read More
By Steve St. AngeloWhile the debate on the dynamics of the gold market continues, at least the top gold miners production cost provides us with a floor price. Or rather, a basic minimum price level. I get a good laugh when I read analysts suggesting that the gold price will fall back to $450-$700. For the gold price to fall back to $450, then we would need to lose 95+% of global gold mine...Read More
By David MorganOil is the lifeblood of the industrialized nations and it has become the world's most important source of energy. Its products underpin modern society, mainly supplying energy to power industry, heat homes and provide fuel for vehicles and airplanes to carry goods and people all over the world.Learn more and become an insider for The Morgan Report, click link below...http://www.th...Read More
Friday's holiday-shortened session provided ample time for bulls to get their butts kicked. It's unusual to see stocks get whacked the day after Thanksgiving, but perhaps such occurrences will become the norm as this bear market unfolds. If it proves to be as extraordinary as the bull market that preceded it, we shouldn't be surprised to see bad days that are uglier than even old-timers can reme...Read More
One of the strangest things about this strangest-ever expansion has been the way pretty much everything went up. Stocks, bonds, real estate, art, oil - some of which have historically negative correlations with others all rose more-or-less in lock-step. And within asset classes, the big names behaved the same way, rising regardless of their relative valuation.This seemingly indiscriminate buyi...Read More
Prices for steel billet dropped in most global regions last week, due to a return of Chinese producers to the export market and uncertainty in the scrap markets.The scrap market in Turkey declined, with increased fears of a change in the raw material's price trend.Fastmarkets' daily price index for HMS 1&2 (80:20) of Northern Europe origin reached $320.33 per tonne cfr Turkey on Friday November 23...Read More
Max interviews Dan Collins of TheChinaMoneyReport.com about 'grey rhinos' in the economy, the disastrous APEC meeting in Papua New Guinea and the 50 million empty homes in China.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington...Read More
The Federal Reserve isn't "federal" and it has no "reserves." Is it a public institution? No...Is it private? No again...Is it Constitutional? Absolutely not!...Who owns The Fed, and does it even matter?Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A...Read More
"I don't know why the government is shifting massive amounts of money out of the U.S. government and out of the U.S. economy and taking it dark."Catherine Austin Fitts is a former Wall Street investment banker, macroeconomic expert and publisher of The Solari Report https://solari.com/.Read More
Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries. Read More
A proposed law could require you to submit your social media accounts and search history as an extra background check before buying a gun.Continue...Read More
Say the wrong things and you might get kicked off of your favorite social media platform.Continue...Read More