In the latest episode of Discovery Watch, responding to listener's question about Alexco Resource (AXR) John Kaiser notes that the company is working on a pre-feasibility study for its high-grade Keno Hill Silver District in the Yukon. However, given the project's economic dependence on a higher silver price, the prospect of a PFS sometime next year is not what excites Mr. Kaiser about the stock....Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Cobalt prices continued to fall in the first week of December following the start of year-end destocking and greater competition for sales that first put paid to weeks of stability in mid-November. Fastmarkets assessed the low-grade cobalt price at $30.30-32 per lb, in-warehouse, on Friday December 7, down from $32-32.60 per lb at the end of November. The high-grade cobalt price se...Read More
Domestic Chinese and cif Asia battery-grade lithium prices were stable week on week on Thursday December 6 after consumers continued to hold back on purchases on sufficient stocks and while negotiating next year's contract prices. The Chinese battery-grade lithium carbonate price was unchanged on thin trading activity. Battery-grade lithium hydroxide market stabilized after falling the previo...Read More
CloseGain/LossOn WeekGold $1248.40+$10.10+2.19%Silver$14.63+$0.25+3.25%XAU67.94+2.40%+5.40%HUI153.93+2.58%+6.13%GDM560.05+2.34%+5.32%JSE Gold1201.13-0.09+9.31%USD96.60-0.14-0.61%Euro114.10+0.24+0.80%Yen88.80+0.01+0.67%Oil$52.61+$1.12+3.30%10-Year2.856%-0.031-4.86%Bond143.90625+0.34375+2.27%Dow24388.95-2.24%-4.50%Nasdaq6969.25-3.05%-4.93%S&P2633.08-2.33%-4.60% The Metals: ...Read More
By Gary TanashianThe macro has moved through a time of moderately rising inflationary concerns when economies were cycling up, many commodities were firm and risk was 'on'. Contrary to the views of inflation-oriented gold bugs, that was not the time to buy gold stocks.As I have belabored again and again, the right time is when the inflation view is on the outs, gold is rising vs. stock markets,...Read More
By David Brady, CFAUntil the arrest of Huawei's CFO in Canada at the request of the U.S., I was becoming more neutral to bullish on Gold. The G20 meeting was a complete waste of time in that nothing really changed. There was no agreement on the substantive issues, and certainly not in writing. However, the Chinese followed up the meeting by confirming the 90-day deadline to meet commitments they...Read More
By Jordan Roy-Byrne CMT, MFTA In recent days we've seen the beginnings of an inversion in the yield curve. The 2-year yield and the 5-year yield have inverted but not yet the the 2-year yield and the 10-year yield, the curve that is watched most. However, "2s and 10s" as bond traders would say appear headed for an inversion very soon. We know that an inversion of the yield curve precedes a r...Read More
The recent stock-market selloff is persisting, fueling mounting worries among investors. The intensifying volatility and lack of a quick rebound higher is strangling euphoric sentiment, spawning self-reinforcing selling pressure. Scoffed at a few months ago, the notions that a young bear market is underway and a recession looms are gaining traction. The great beneficiary of this ominous st...Read More
There are two ways of looking at the intersection of debt and population. One way says that if debt is rising population should also rise to allow future workers to pay for the retirement of today's. More people thus make debt easier to manage. The other point of view is that debt and population soaring simultaneously creates a negative feedback loop that eventually destroys a culture. Today's L...Read More
Trade wars and lax fiscal policy are negative for the US dollar and positive for gold. Myth or fact? We invite you to read our today's article about the effects of Trump's actions on the greenback and find out whether weak dollar will save gold. Let's look at the chart below. As one can see, the greenback has been in a bull market since February 2018. Yup, the chart does not lie. The US Congre...Read More
The Dow Industrials reversed 700 points yesterday, turning a morning disaster into an afternoon wilding spree that has the potential to end the week on a bullish note. The rally was purely technical, beginning as it did a millimeter beneath an important low recorded on November 23 that had served as a 'structural' support. As is the case so much of the time, the downtrend had to penetrate the su...Read More
- As Brexit looms, the Central Bank of Ireland has refused to discuss the location and value of Irish gold reserves- No date given for removal of "commercially sensitive" gold reserves from Bank of England vaults- Bank of England vaults in London believed to hold almost EUR200 million of Irish gold- Ireland's financial system & economy is hugely exposed to a Brexit downturnvia Irish Independen...Read More
Keith Bronstein, commodities guru and president of TradeLink Holdings, LLC, calls in to discuss futures, interest rates and his latest big idea. 2:12 An opportunity in #eurodollar futures?9:50 No-bid futures and modern finance13:25 "Instability isn't considered instability when prices rise"20:01 Assessing the #Fed's next movesJames "Jim" Grant is an American writer and publisher and the founder of...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
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
The already volatile stock markets were further spooked by the arrest of a Chinese tech mogul in Canada at the behest of the US government. Will markets continue to plunge and, if so, how low? Peter Schiff, CEO of Euro Pacific Capital, joins Rick Sanchez to share his insights and expertise Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold...Read More
Link to Slides and Sources: https://www.itmtrading.com/blog/4-ris...In the most current Financial Stability Review by the ECB that list four key looming risks to financial stability, they are; Market sentiment might suddenly change (from positive to negative), Banks may lose their ability to finance the economy (as market deflation erodes reserves), Public and private debt may not be sustainable (...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
The CIA conducted and may still be conducting secret mind-control experiments that the deep state has been trying to hide for decades. Continue...Read More