Highlights Rob Kirby of Kirby Analytics sees extreme risks ahead for the financial markets via a shattered US accounting system.The missing $21 trillion dollars (size of US National Debt) in government funds, is possibly held by the exchange stabilization fund (PPT). One likely use for the missing funds could involve the purchase of new US Bond issuance's, given the few foreign purchases of US d...Read More
TSX Venture Exchange: BSK Frankfurt Stock Exchange: MAL2OTCQB Venture Market (OTC): BKUCFVANCOUVER , Nov. 15, 2018 /CNW/ - Blue Sky Uranium Corp. (TSX-V: BSK, FSE: MAL2; OTC: BKUCF, "Blue Sky" or the "Company") is pleased to report high grades of uranium and vanadium in initial pit samples located a kilometre west of the Ivana Uranium-Vanadium deposit on its wholly-owned Amarillo Grande...Read More
By RambusBefore we look at tonight's charts I would like to take a minute to discuss trading the three X leveraged etf's. Leveraged etf's aren't for everyone as they can be very volatile. These instruments are for those that can take a bigger risk and still come out OK when they go against you. For the average investor a 1 X leveraged etf is all they can handle and that should be fine. When you...Read More
By Avi GilburtThere were several developments in the gold market last week. First, we heard of another trader who has pleaded guilty to "manipulating" the metals market. And, everyone is up in arms again about how gold was manipulated to drop from $1,921 to $1,040 during 2011-2015.And, yes, they are all again saying "ah ha - you see, we were right."But, as I have said so many times before, what...Read More
China has developed tremendously in recent years. But what's next? Is the country entering the growth recession? And how it will affect the world and the gold market? A New Chapter in China We have not analyzed the publications of the World Gold Council for a while. Let's make it up, starting with the newest edition of Gold Investor. The report is about China and its remarkable transformation...Read More
The pound plunged against the euro, the dollar, gold and all leading currencies today as Theresa May's UK government appeared vulnerable to collapsing and political turmoil risked creating a hard Brexit.Gold in GBP (24 Hours)The pound has fallen 2.6% against gold in less than twenty four hours seeing gold rise from ?923 to ?947 per ounce in sterling terms.The pound slumped the most in more than...Read More
Turkish imported billet prices have weakened slightly over the past week on limited demand and a downturn in steel prices in China, while domestic and export billet prices were unchanged, sources said on Thursday November 15.Fastmarkets' weekly price assessment for billet imports into Turkey was $475-480 per tonne cfr, narrowing downward from last week's $475-485 per tonne cfr.The CIS export bille...Read More
CIS export billet prices softened slightly in the middle of this week with negative sentiment starting to spread due to the return of Chinese suppliers to export markets as well as rumors of possible tariffs on billet imports into Egypt in the near term."The case has been raised, but the officials responsible for a study have not made any comment yet," an Egyptian source told Fastmarkets on Thursd...Read More
Steel billet import prices in Egypt have fallen slightly over the past week amid poor demand, while domestic rebar prices were unchanged despite expectations of lower values, sources said on Thursday November 15.Fastmarkets' weekly price assessment for steel billet imported into Egypt was $480-485 per tonne cfr on Thursday, narrowing downward from $480-490 per tonne cfr last week.Billet producers...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
"We're in the late stages - maybe the seventh or eight inning - of the business cycle."Ray Dalio is an American businessman and founder of the investment firm Bridgewater Associates, one of the world's largest hedge funds. In 2012, Dalio appeared on the annual Time 100 list of the 100 most influential people in the world. In 2011 and 2012 he was listed by Bloomberg Markets as one of the 50 Most In...Read More
Max interviews Mish Shedlock of MishTalk.com about both tech stocks and oil prices plunging and what they could be telling us about the true state of the economy. They also talk about the credit cycle turning and the impact rising rates will have on a debt-laden global financial system.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT...Read More
Very Negative Technical Action - We had another roller coaster ride in the stock market today, with the Dow Jones ending down about 200 points, but that was well off the lows of the day. I think we were down about 350 points, or close to it, at the lows. But, more interesting, we were up over 200 points earlier this morning. So this is very negative technical action, when you have these rallies an...Read More
Rob Kirby of Kirby Analytics sees extreme risks ahead for the financial markets via a shattered US accounting system and $21 trillion dollars (size of US National Debt) in missing government funds, possibly held by the exchange stabilization fund (plunge protection team). One likely use for the missing funds could involve the purchase of new US Bond issuance's, given that few foreign purchases of...Read More
"Desks that use quotes from a high proportion of women also feature more women in their pictures, and their articles are well read by women," Continue...Read More
"Because the nation has tended to focus its attention only on direct military spending, we have often discounted the larger budgetary costs of the post-9/11 wars, and therefore Continue...Read More
Endeavour Mining (TSX: EDV; US-OTC: EDVMF) has increased the Kari Pump indicated resource at its Hounde gold mine in Burkina Faso by 40% at a $9 per oz. gold discovery cost. Kari Pump is located 7 km west of the Hounde mine processing plant.The company has now upgraded 90% of its Kari Pump resource to the indicated category. The deposit contains 11.3 million indicated tonnes grading 2.71 grams go...Read More
Sandstorm Gold Royalties (TSX: SSL) shares jumped 5 % today, after the company announced the board of directors approved the purchase of up to 18.3 million of its common shares between now and the end of 2019, subject to TSX approval.The 18.3 million shares represent approximately 10% of Sandstorm's current shares outstanding, and the company stated its current intention is to complete the entire...Read More