Axel Merk is the Founder, President, Portfolio Manager, and CIO at Merk Investments LLC. He is an expert on qualitative research and macroeconomic trends. Mr. Merk is also an expert on macro trends, hard money, international investing, and on building sustainable wealth, and he is a pioneer in the use of strategic currency investing to seek diversification. He is a speaker and author on topics ran...Read More
The buyout of Acacia Mining's minority shareholders by the new, larger Barrick Gold is one option, said Mark Bristow, CEO of Randgold Resources. Toronto-based Barrick, which owns about 64% of Acacia, and Randgold are merging in a $7.9 billion share deal that will see Barrick gain control over one of its fiercest competitors.Barrick shareholders have given a big thumbs up to the merger with Randgol...Read More
Corruption and mismanagement by government and business elites will never be stopped. In fact, it will only get worse and cost you more of your savings. David Stockman, a Washington DC insider, joins Robert & Kim to discuss "The Swamp," and how citizens around the globe are headed for choppy financial times unless they begin planning a defense strategy today.Robert Kiyosaki is best known as the au...Read More
Toronto-based Barkerville Gold Mines has released the drilling results from the ongoing Cow Mountain program at its flagship Cariboo gold project near the town of Wells. The company says the results demonstrate the continuity of high grade gold mineralization within vein corridors and extensions down dip and down plunge.The results trace mineralized vein corridors at Cow Mountain extending the hig...Read More
Resource and expansion drilling at the Kutcho copper-zinc project in B.C. has extended mineralization down dip of its Main deposit, reports Kutcho Copper Corp. (TSXV: KC; US-OTC: KCCFF).Mineralization was extended 50 metres down dip from previous drilling and beyond the project's existing resource model in drill hole KC18-280, which returned a 5.4 metre intercept from 193 metres down hole grading...Read More
LONDON, Nov 7 (Reuters) - Turkey's 2020-2030 dollar bondshit their highest level since August on Wednesday, as a drop inthe U.S. currency following midterm elections helpedextend the recent rebound in Turkey's markets.Ankara's 2030 bond got the biggest boost,rising nearly 1 cent in price in what looked set to be a fourthstraight day of gains.(Reporting by Marc Jones; Editing by Jo Mason) Messaging...Read More
Christian Toto is a rare breed, a film critic who's extremely critical of Hollywood. From their demonization of the right to their treatment of minorities to their attitude towards Toxic Masculinity Hollywood has lost its way and its mind. And it's costing them on the bottom line too. What other business can afford to alienate half their market? At some point their business model is going to fai...Read More
B2Gold (TSX: BTO; NYSE: BTG) produced a record 242,020 oz. gold in 2018's third quarter, 78% higher than in the same quarter of the previous year. It attributed its success to strong performances from the Kekola mine in Mali, the Masbate mine in the Philippines and the Otjikoto mine in Namibia.The company reported $324 million in gold revenue, 110% higher than in the same quarter of the previous...Read More
MOSCOW - Polyus, Russia's largest gold producer, on Wednesday reported third-quarter net profit down 61 percent from a year ago to $144 million due to foreign exchange losses and other non-cash items.The company controlled by Said Kerimov, son of Russian tycoon Suleiman Kerimov, has not been targeted by the U.S. sanctions against Moscow. Washington included Suleiman Kerimov and some other Russian...Read More
"Voters have once again sent a message loud and clear that it is time to legalize and regulate marijuana. The victory in Michigan highlights just how Continue...Read More
Afghanistan selected preferred bidders for three gold and copper mines in 2012. It took the war-torn nation six years to finally sign the contracts.Afghan President Ashraf Ghani announced the deals in the past few weeks. The government took time to finalize the agreements because it wanted to ensure they were transparent and will help eliminate corruption in awarding contracts, Ghani said in an in...Read More
As contentious as the US midterm elections were, there was never a scenario in which they mattered. Any possible configuration of Republicans and Democrats in the HouseContinue...Read More
China's domestic rebar market maintained its downward trend on Wednesday November 7 with sellers stepping up their efforts to destock.Domestic Eastern China (Shanghai): 4,500-4,550 yuan ($650-657) per tonne, down 90 yuan per tonneNorthern China (Beijing): 4,380-4,420 yuan per tonne, down 40 yuan per tonneSellers were actively destocking during the day on the weak futures market and their bearish o...Read More
Continue...Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at...Read More
Those who focus on the U.S. national debt (and I'm one of them) keep wondering how long this debt levitation act can go on. The U.S. debt-to-GDP ratio is at the highest Continue...Read More
"What's going on is stagnation in the market. There hasn't been any fresh buying, there's been a lot of stale longs that have given up on the silver story." David Morgan is a world-renown precious metals aficionado. He is the creator of the Silver-Investor.com website and The Morgan Report, a monthly report that covers economic news, overall financial health of the global economy, currency problem...Read More
Assays from drill holes come up positive and reveal new zone of mineralization. Liberty Gold's Goldstrike ProjectLiberty Gold Corp. (LGD:TSX) announced drill results from its flagship Goldstrike project in Utah. Drilling in the Southwest Goldstrike Trend tested both inside and outside the gold resources contained in the preliminary economic assessment (PEA), with results for 19 holes received an...Read More
In May 2018, Putin selected Rogozin to be the head of Roscosmos, the Russian state space agency for two decades after the early 1990s and, in the past few years,Continue...Read More
Key data from the Wednesday November 7 pricing session in Europe. Key drivers Recent downward trend in ferro-titanium has finally dragged down scrap prices. The trend started on September 12, when the market was assessed at $5.80-6.05 per kg.There is readily available alloy supply against moderate spot demand, with some buyers booking alloy through year-end. Some traders want rid of stocks to boo...Read More
Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn't fund the type of hard-hitting journalism we set out to do.Continue...Read More