Malaysia's energy and environment ministry is seeking meetings with Australian officials in June to discuss ways to manage the radioactive waste from Lynas Corp's rare earth processing plant in Malaysia, a ministry spokeswoman said."The discussions will be about the removal of the radioactive waste from Malaysia. The conditions (for Lynas) are intact," she told Reuters, referring to the conditions...Read More
The silver miners' stocks have been pummeled in recent months, plunging near major secular lows in late May. Sentiment in this tiny sector is miserable, reflecting silver prices continuing to languish relative to gold. This has forced traditional silver miners to increasingly diversify into gold, which has far-superior economics. The major silver miners' ongoing shift from silver is apparent...Read More
Canada's Pure Gold Mining (TSX-V: PGM), which recently listed in London, has started its 2019 exploration program at its 100%-owned Madsen Red Lake gold mine in Ontario.The Vancouver-based miner said it would focus on the Wedge, Fork, and Russet South satellite deposits with the purpose of converting and growing mineral resources used in the recently released preliminary economic assessment (PEA...Read More
Gold jumped out of the gate on Friday, rising more than 1% in heavy volumes as investors seek a safe haven amid a widening trade war unleashed by US President Donald Trump.Gold for delivery in August, the most active futures contract, reached a high of $1,311.80 an ounce, the highest in seven weeks with 29m ounces changing hands in New York by lunchtime.Trump's plan to impose a 5% tariff on all Me...Read More
With rare earths in the cross hairs of the U.S.-China trade war, there's a sharp focus on who else can sell the critical minerals.Russia could become one supplier. The country accounts for less than 2% of global production, but owns the world's fourth-biggest reserves, according to the U.S. Geological Survey. There are two projects that could come online by 2023, but they've been set back by delay...Read More
Gold premiums in top consumer China rose this week as investors bought the metal as a safe-haven due to rising trade tensions with the United States, while bullion demand moderated in India as local prices jumped to two-week highs.In China, premiums rose to about $14-$18 an ounce over the benchmark from $12-14 an ounce last week."Investment demand has been picking up, due to uncertainties on trade...Read More
Zimbabwe mining companies can pay for electricity in foreign currency to guarantee supplies, the energy minister said on Friday, a day after he indicated there could be deeper power cuts in the country due to low dam water levels.Fortune Chasi said on Thursday the country's largest hydroelectric plant, Kariba Dam, will suspend output in 14 weeks if water levels continue to fall at the current rate...Read More
Zambia's Konkola Copper Mines (KCM) is not producing copper, the chief executive of the mining firm's owner Vedanta Resources said on Friday.Vedanta is fighting Zambia's decision this month to name a provisional liquidator to run Vedanta Resources' 90,000 tonnes KCM business and said in a statement that it was seeking international arbitration.Legal proceedings in Zambia have been adjourned to Jun...Read More
While Teck Resources (TSX:TECK.B)(NYSE:TECK) is negatively affected by the uncertainty surrounding trade and trade rhetoric that is going strong, it is a stock that investors should keep on their radar as a long-term growth story.Teck Resources currently derives 59% of its EBITDA from coal, 19% from copper, 19% from zinc, and 2.7% from energy.I'm interested in Teck stock because its reliance on c...Read More
As markets trade down, we are reminded of the fragility of the economy and our portfolios.But there's no need to worry. Let's stay level-headed, leave emotion and fear to the side, and focus on uncovering the stocks we need to own in an increasingly uncertain and shaky market.Without further ado, let's take a look at Agnico-Eagle Mines (TSX:AEM)(NYSE:AEM), a gold stock that I think is a must-own...Read More
Lackluster trading in gold futures Thursday gave way to a solid move higher, as tepid trade in equity markets and persistent worries about U.S.-China trade tensions and sluggish global economic growth helped lift prices to their highest finish in roughly two weeks. Gold for August delivery on Comex GCM19, -0.02% climbed $6.10, or 0.5%, to settle at $1,292.40 an ounce. That was the highest finish f...Read More
Gold futures rallied on Friday, posting their highest finish in over seven weeks, as investors fled to the perceived safety of havens like precious metals amid fresh signs of escalation in tariff tensions between the U.S. and its global trade partners. "Washington's threat of tariffs on Mexico exacerbated fears of a global trade war and recession, which saw a 'flight to quality' and gains for safe...Read More
Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limited which acts as an investment advisor...Read More
Catherine Austin Fitts, founder of The Solari Report, joins Reluctant Preppers host Dunagun Kaiser to alert us to the facts of the missing $21 trillion, how it will affect you, and what you can do about it! Don't miss this premier interview with Catherine Austin Fitts on Reluctant Preppers!Catherine Austin Fitts is a former Wall Street investment banker, macroeconomic expert and publisher of The S...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
Jason talks about the China announcing its new list of tariffs against US goods, President Trump implementing tariffs on Mexico (and why) and how it now looks clear how US stocks have been in a bear market since January 2018 with weaker bear market rallies.Jason also talks about European bank stocks like Deutsche Bank and Societe General and the enormous counter party risk all of these banks have...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
Google may soon face an antitrust investigation from the US Department of Justice in regards to its massively successful search business Continue...Read More
"These institutions, which are both commercial and governmental, have built upon that and... have structuralized that and entrenched it to where it has become now the most effective Continue...Read More
Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has dedicated his efforts over the last 15 years to exposing the long term manipulation of the gold and silver markets. He has worked closely with the Gold Anti-Trust Action Committee helping to p...Read More