SASKATCHEWAN - Star Diamond Corp. (TSX: DIAM), formerly Shore Gold, has received approval for the Star-Orion South diamond project from the provincial Minister of environment. The project is located near Fort a la Corne, in the central part of the province.The federal environment assessment agency announced its positive decision in December 2014. Additional permit approvals from the provincial a...Read More
Diversified miner Vedanta is investing up to $800 million in a zinc smelter in South Africa, the head of its zinc unit Deshnee Naidoo said at an investment summit in Johannesburg on Friday.Andile Sangqu, executive head of Anglo American South Africa, added at the same summit that his firm would invest 71.5 billion rand ($4.88 billion) in South Africa over the next five years.($1 = 14.6400 rand)(By...Read More
Yanzhou Coal Mining Co.'s high-profile acquisition of assets in Australia last year is set to pay dividend as resilient coal prices boost its earnings and bode well for its stock that is trading at around record low valuations.Shares of the producer have gained more than 9% in Hong Kong after an endorsement from Goldman Sachs Group Inc., which highlighted gains in coal prices, especially for the p...Read More
Some gold stocks have been more volatile than expected lately, but in general, these stocks are the stocks to turn to for calm in the middle of this storm of market carnage.The price of gold has now rallied almost 5% since the market turned decidedly negative in early October.With this, we have seen gold stocks also rallying, as a function of investors turning to gold for its perceived safety char...Read More
The stock market chaos of the past few weeks has been a little unsettling. Investors have started to question the market leaders, the economy, and high-valuation stocks. Uncertainty has resulted in massive withdrawals from ETF index funds, which have brought the market down even further. If selling turns to panic, gold might be a good place to go. Companies operating in the space are still cheap a...Read More
Max continues his interview with Alasdair Macleod of GoldMoney.com about the credit cycle turning. They also discuss if gold will finally shine, despite interest rates rising, and whether or not China is really planning on 'de-dollarization.'For Part 1 of this interview, CLICK HEREAlasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound...Read More
Click here for the full transcript: http://financialrepressionauthority.c...Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of Two Minds now attracts some 200,000 visits a month. Charles also contributes to...Read More
David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get t...Read More
As the US Justice Department gets ready to investigate Kavanaugh "victim" Julie Swetnick for making false accusations againstContinue...Read More
Click Here to Listen to the Interview - *the interview begins at 6:00Greg breaks down the recent volatility in the equities markets, tells us why he thinks the Fed will soon be back-peddling on further interest rate hikes and tells us what that means for the dollar and gold.Click Here to Listen to the Interview - *the interview begins at 6:00Gregory Weldon is CEO of Weldon Financial and Editor of...Read More
Rick Rule, Chairman of Sprott US Holdings, discusses the outlook for Resource Investing in Africa. He notes the continent hosts extraordinary geological formations, which contain dozens (and many undiscovered) very large, world class resource deposits. He further discusses his preferred method of investing in the continent.TOPICS IN THIS INTERVIEW:00:29 Africa: One of The Last Great Frontiers For...Read More
Vladimir Putin tried to reform Russia's pensions system which is crumbling as is the case in the West. This giant Ponzi Scheme is collapsing and it has been theContinue...Read More
Continue...Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon von Greyerz has been actively involved with financial investment activities including mergers and acquisitions and asset allocation consultancy for private family funds. This led to the creation of Matterhorn Asset Management, an asset management company based on we...Read More
Gold and its miners’stocks have proven rare bastions of strength during recent weeks’ marketcarnage. They are powering considerablyhigher while nearly everything else burns. The markets’ major sentiment shift is accelerating a young gold upleg,which ought to grow much larger as speculators and investors continue returning. Their collective gold positioning remain...Read More
The fundamentals for silver remain very strong, and these low prices have made silver an excellent investment opportunity for years. Here's more...by Matt of Silver Fortune via Silver FortuneAll things considered, the fundamentals for silver remain very strong, and these low prices have made for an excellent opportunity for years. Read More
A decline that negated the bullish trading pattern.A period of consolidation and a break to the upside.Rising rates pushed gold to lows during the final months of the past three years.Will gold negate the bearish pattern after it ignored the bullish one in 2018?BAR is the cheapest game in town compared to other gold ETF products.The gold market is now preparing to enter a time of the year where th...Read More
(Adds parliament approves four new ministers proposed by Rouhani)DUBAI, Oct 27 (Reuters) - Iran's parliament approved a government economic reshuffle on Saturday, days before new U.S. sanctions on Tehran's oil exports take effect, after President Hassan Rouhani said Washington was isolated among its allies in its confrontation with Iran."It does not happen often that the U.S. makes a decision...Read More
* Undermining independence "potentially catastrophic" -Acharya* He says more efforts needed towards effective RBI independence* Blocking rule-based policies dilutes RBI independence, he says* Comments come after govt efforts to trim RBI regulatory powers (Adds comments from government source, former RBI Official, also changes dateline to Saturday, and recasts headline and top)By Suvashre...Read More
* ADNOC fills up tanks with Das crude -India officials* ADNOC can resell part of oil to Indian refiners -India official* India in talks with Saudi Aramco, ADNOC to fill up Padur SPR (Adds ADNOC comment in paragraph 8)By Florence TanSINGAPORE, Oct 26 (Reuters) - The Abu Dhabi National Oil Company (ADNOC) is expected to fill up storage tanks that it has contracted from the Indian government in the f...Read More
The human body is a system of systems. The human body is made up of a circulatory system, respiratory system, digestive system, and so on. If one of these systems stop, there is a good chance the body will be crippled or die.Likewise, a business is a complex system of interoperating systems. And like a body, if one of those systems fails, the whole business will either be crippled or die.When I am...Read More