Central banks’ purchases create a floor for gold prices. Myth or fact? We invite you to read our today’s article about the central banks’ demand for gold and find out whether it will save gold. Gold is an important part of central banks’ foreign exchange reserves. As of H1 2018, they hold about 34,000 tons of bullion worth $1.36 trillion, or 10.3 percent of the total reserv...Read More
Gold & silver are looking good in 2019. Matt from Silver Fortune interviews Peter Hug for the details...Peter Hug interviewed by Matt from Silver Fortune on Silver FortuneInterview with Peter Hug, Global Director of trading at Kitco.For an important interview about gold & silver, including discussion on the upcoming year of 2019, tune in to the interview in its entirety below: Read More
There are financial gurus out there that teach the best way to retire rich is to pay off debt. Their lessons usually suggest that debt is bad or even evil. They preach that it is smart to pay off your debt and to stay out of debt. And to an extent they are right.There is good debt and bad debt. It is wise to pay off bad debt-or not get into it in the first place. Simply said, bad debt takes money...Read More
"Bare-Breasted 'Mariannes' Face Off With French Police; Tear Gas, Pepper Spray Used On Protesting Yellow Vests | Zero Hedge #france https://t.co/15vrZZ0AkM"Read full newsRead More
The overseas market - already in a precarious position - shows yet another indication of continuing weakness into 2019.Read full newsRead More
Harry Dean Proudfoot III formed a Tigard-based company to attract investors and promised to use their money to mine two gravel pits in Ohio, but instead used the money for living expenses, cars and travel, according to court records and information disclosed at his trial.Read full newsRead More
LOEI - Over a decade after alarms were raised about a gold mine firm's poisoning of a community in northeastern Thailand, a court ruled Thursday that it polluted the environment and must clean it up, according to activists.Read full newsRead More
The U.S. Attorney's Office in Oregon says Harry Dean Proudfoot III, 78, used the scheme to steal $3.2 million from 140 investors.Read full newsRead More
"Take 5 minutes and read up on the premier cobalt play, Canada Cobalt Works! #CCW $CCW @CanadaCobalt #Cobalt #Mining #Silver #TSXV #SmallCaps #batterymetals #electriccar #battery #Momentumstocks #batterymetals https://t.co/rMjJTfFL22"Read full newsRead More
Gold prices were holding firm around the $1,250 mark in early morning trading on December 13. Market watchers in the United States are eagerly awaiting the December 18-19 meeting of the U.S. Federal Reserve. Leading into the fall, a rate hike in December seemed all but certain, but violent market turbulence across the globe has thrown that supposition into question. However, markets have appeared...Read More
Consultancy firm Americas Market Intelligence or AMI issued this week a lengthy report on the risks of mining in Latin America. One of the chapters focuses on security hazards and reveals that such perils are not necessarily provoked by illegal groups.According to AMI, sometimes local community members that opposed mining operations can cause security risks by deploying roadblocks and aggressive o...Read More
Following a series of hearings that took place in November, three independent commissioners in New Zealand have greenlighted OceanaGold's (TSX/ASX: OGC) Martha pit, which is the first stage of an anticipated 10-year mine life extension for the historic Martha Underground Mine, located in Waihi town, in the North Island's Hauraki district.The Martha project comprises two mining areas below the curr...Read More
Scientists with the U.S. Department of Energy's Argonne National Laboratory have identified a new catalyst that uses only about a quarter as much platinum as current technology does to convert hydrogen and oxygen into water and electricity.As it is widely known, when it comes to fuel cell, platinum offers both activity and stability for electrochemical reactions. However, given the rarity and pric...Read More
This year has been disappointing for commodities, but some of 2018's laggards, like gold, copper, corn, and soybeans, may be 2019's leaders. In one case, a leader from 2018 could become a laggard in the new year. "With political issues such as Brexit and the ongoing trade dispute between the U.S. and China, there are now a number of new opportunities that have opened up for 2019 for investors to t...Read More
It said the company and some of its current and former directors and executives had agreed to pay more than US$22 million to settle Canadian allegations that they hid the risks of doing business with a controversial Israeli businessman closely linked to Congolese president Joseph Kabila, according to a person familiar with the matter.The newspaper said it was unclear whether Katanga and the indivi...Read More
Share this articleYELLOWKNIFE - A Canadian mining firm says it has unearthed the largest diamond ever found in North America.Dominion Diamond Mines says the 552-carat yellow diamond was found at its Diavik mine in the Northwest Territories.It says the stone "far surpasses" the previous record-holder, known as the Diavik Foxfire, which was found at the same mine in 2015.Dominion, which owns 40 per...Read More
Featured GuestsGerald Celente & Peter SchiffShow HighlightsFounder of the Trends Research Institute and Globalnomic(R) Trend Forecaster Gerald Celente returns with the economic forecast for the new year. $1,200 is the floor for gold - once the bulls push the price over $1,450 the sea change in sentiment could ignite an ascent to a new record over $2,000. Topping the list of catalysts that could...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.comTwitter: @Davcha12December 17, 2018 "This is the end, beautiful friendThis is the end, my only friend, the end" The Doors, The End, 1967 "We have two kinds of forecasters, those who don't know and those who don't know they don't know." John Kenneth Galbraith, e...Read More
We are going to start this update on a positive note by pointing out that the gold to silver ratio recently reached a 24-year record extreme as shown by the 20-year chart for this ratio below, which alone is a sign that the sector is close to a bottom and also that a major new bullmarket is likely to start before much longer. However, there is the small matter of a looming market crash and the c...Read More
By John MauldinBreathless ReportingAn Inverted Yield Curve Is Just a FeverEarly PredictorRecession ProbabilityA Little TimeCleveland, San Francisco, Boca Raton, and SICEverybody is suddenly talking about the inverted yield curve. They're right to do so, too, but alarm bells may be premature. Inversion is a historically reliable but early recession indicator. The yield curve isn't saying recessio...Read More