By: DAVID Chapman"The most important of these rules is the first one: the eternal law of reversion to the mean (RTM) in the financial markets." John C. Bogle, The Clash of Cultures: Investment vs. Speculation - investor, business magnate, philanthropist, founder CEO Vanguard Group, 1929-2019 "No amount of observations of white swans can allow the inference that all swans are white, but the ob...Read More
By: Gary TanashianOne problem for the gold stock sector was highlighted here and here evidently a little too obnoxiously for the liking of some bugs. The problem was the aggressive bullhorn sounds emanating from every orifice of the gold community the minute the charts broke upward into an obviously bullish technical state.But while the HUI/Gold ratio has been a distinctly positive technic...Read More
Theories and Realities Valuation Matters Why Average Rarely Happens New York, Cleveland, Austin, and DallasLast week, I described the enormous challenges retirees face. One reason for that, aside from insufficient savings, is that markets haven't delivered the returns many experts said we could plan on.Back in the late 1990s, we were told that the long-term average return (~10%) was a reasonable...Read More
The New Mexico Environment Department announced via Twitter that it received word from the Environmental Protection Agency stating that the Gold King Mine wastewater treatment facility is back up and running following a failure reported on March 14, 2019, due to a loss of power.The electric blackout was caused by a severe winter storm that struck the area this past week. The Gladstone plant, which...Read More
While gold miners have been making substantial profits in recent quarters thanks to rising gold prices and better operational and financial discipline, they continue to seek new ounces via the drill bit to fill their production pipeline. A look at eight majors and juniors exploring for gold worldwide.BARRICK GOLDThe world's largest gold miner Barrick Gold (TSX: ABX; NYSE: GOLD) is also heavily inv...Read More
Peruvian President Mart?-n Vizcarra shared a video on his social media channels where he announces that authorities are going to have a permanent presence in the Amazon to guard against the development of illegal mining activities.Earlier in the year, his administration launched Operation Mercury in the southeastern Madre de Dios department. The initiative involved the deployment of almost 1,600 p...Read More
(YouTube version to be added) Mar. 15th, 2019(S14-E687)Featured GuestsCEO Ken Lewis &Bob HoyePlease Listen HereLIMITED OFFER - FREE $5 IN ONEGOLD DIGITAL BLOCKCHAIN EXCLUSIVELY TO GOLDSEEK.COM PATRONS!(Remember to say Goldseek Radio sent you!).ONEGOLD Inc. holds physical gold and silver metals at the Royal Canadian Mint through our friends at APMEX and Sprott.CEO of APMEX and founder of...Read More
By: DAVID Chapman"The most important of these rules is the first one: the eternal law of reversion to the mean (RTM) in the financial markets." John C. Bogle, The Clash of Cultures: Investment vs. Speculation - investor, business magnate, philanthropist, founder CEO Vanguard Group, 1929-2019 "No amount of observations of white swans can allow the inference that all swans are white, but the ob...Read More
The oilbull still managed to score another day of gains yesterday. A meager advancebut still an advance, one could say. And be forgiven, as they would not havehad examined the full picture. Are we just teasing you now? Come on, therecan’t be possibly more to the story... There is. The scenario that we wroteabout exactly to the day two weeks ago, has come to fruition. The implicationsare far-...Read More
The major gold minersare grinding higher in a solid upleg, fueling growing interest in this small contrariansector. They’ve mostly finished reportingtheir fourth-quarter results, revealing how they are really faring fundamentally. Collectively the world’s biggest gold minerscontinue to face serious challenges, which often stem from declining production. That makes sto...Read More
Steel billet prices showed a slight increase in most regions in the week ended Friday March 15, with scrap costs remaining high, but demand in many buying outlets was weak.The exception was Southeast Asia, where trading activity was strong, despite increased costs.Scrap prices remained at high levels, with Fastmarkets' daily index for Northern European HMS 1&2 (80:20) scrap material at $318.37 per...Read More
By: DAVID Chapman"The most important of these rules is the first one: the eternal law of reversion to the mean (RTM) in the financial markets." John C. Bogle, The Clash of Cultures: Investment vs. Speculation - investor, business magnate, philanthropist, founder CEO Vanguard Group, 1929-2019 "No amount of observations of white swans can allow the inference that all swans are white, but the ob...Read More
By: Gary TanashianOne problem for the gold stock sector was highlighted here and here evidently a little too obnoxiously for the liking of some bugs. The problem was the aggressive bullhorn sounds emanating from every orifice of the gold community the minute the charts broke upward into an obviously bullish technical state.But while the HUI/Gold ratio has been a distinctly positive technic...Read More
Theories and Realities Valuation Matters Why Average Rarely Happens New York, Cleveland, Austin, and DallasLast week, I described the enormous challenges retirees face. One reason for that, aside from insufficient savings, is that markets haven't delivered the returns many experts said we could plan on.Back in the late 1990s, we were told that the long-term average return (~10%) was a reasonable...Read More
Here are five Fastmarkets MB stories you might have missed on Friday March 15 that are worth another look.Import tariffs on steel products in the United States created under Section 232 are likely to remain in place at least until the end of 2019, the chief executive officer of Gerdau, Gustavo Werneck, said during an event at the New York Stock Exchange on Wednesday March 13. The Singapore Ex...Read More
While gold miners have been making substantial profits in recent quarters thanks to rising gold prices and better operational and financial discipline, they continue to seek new ounces via the drill bit to fill their production pipeline. A look at eight majors and juniors exploring for gold worldwide.BARRICK GOLDThe world's largest gold miner Barrick Gold (TSX: ABX; NYSE: GOLD) is also heavily inv...Read More
Researchers with the University of Aberdeen and the University of Glasgow published a study where they state that an abundance of copper played an equally crucial role to oxygen in helping the rise and spread of the earliest animals 700 million years ago.By analyzing a series of geological records, the scientists were able to prove that the level of copper in the environment increased dramatically...Read More
Here are five Fastmarkets MB stories you might have missed on Friday March 15 that are worth another look.Import tariffs on steel products in the United States created under Section 232 are likely to remain in place at least until the end of 2019, the chief executive officer of Gerdau, Gustavo Werneck, said during an event at the New York Stock Exchange on Wednesday March 13. The Singapore Ex...Read More
RAPAPORT... Angola's national diamond-trading company, Sodiam, has agreed tohold its first rough tender in Israel. Representatives from Israel's government and diamond industry reached the deal with Angolan officials during a recent visit to the African country, the Israel Diamond Exchange said last week."Israel and Angola have many commoninterests, and we see a real opportunity to stren...Read More
RAPAPORT... The World Jewellery Confederation (CIBJO) has specified theneed to disclose treatments to both natural and lab-grown diamonds. Sellers must make the disclosure clearly, both at the time of sale and before, the organization noted in guidelines it released last week. The same instructions apply to natural and synthetic colored gemstones, CIBJO said. The guidelines apply to any ston...Read More