The rally in the gold price will not be enough to prevent 2020 turning into the worst year in 15 for global exploration spending.According to a new report by S&P Global Market Intelligence, outlays for exploration across the industry are set to drop from US$9.3 billion in 2019 to US$6.6 billion this year.Despite a gold price approaching seven-year highs above US$1,700 per oz., money spent on drill...Read More
Prices for heavy melting scrap (HMS) imports in Taiwan have risen only slowly over the past seven days and may have peaked, sources said in the week to Friday May 22.Fastmarkets' daily price assessment for containerized cargoes of steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan, was $230-232 per tonne cfr on Friday, unchanged from Thursday May 21 having widened at the h...Read More
Demand for ferrous scrap imports in Vietnam faded toward the latter part of this week after sellers raised their offers from Thursday May 21 onward.Bids for bulk cargoes of Japanese H2 scrap were at $245 per tonne cfr southern Vietnam this week, with offers at $250 per tonne cfr southern Vietnam at the start of the week.There was a transaction at $248 per tonne cfr southern Vietnam to a Vietnamese...Read More
"Lack of new major gold deposits': Discovery numbers dive in the last decade'from @KitcoNewsNOW @annagolubova @SPGMarketIntel datahttps://t.co/O51uNwSe1x"Read full newsRead More
May 20, 2020 (Baystreet.ca via COMTEX) --The spot price of gold has enjoyed significant momentum on the back of the COVID-19 pandemic. However, the yellow...Read full newsRead More
Vancouver, British Columbia--(Newsfile Corp. - May 20, 2020) - INCA ONE GOLD CORP. (TSXV: IO) (FSE: SU9.F) (SSEV: IOCL) (Read full newsRead More
Noble Mineral Exploration Inc. is pleased to announce the closingRead full newsRead More
Monterey Minerals Inc. is pleased to announce that it has signedRead full newsRead More
Retirement should be about comfort and peace of mind. Investors lining a Registered Retirement Savings Plan (RRSP) or other retirement fund should be looking at low-risk stocks to hold for the long term. But which names can offer defensive growth in the current market? Today, we will take a look at two TSX stocks that can go the distance, covering consumer staples and natural resources.The consume...Read More
Across the world, governments have unleashed an historic amount of cash to stem the tide of economic chaos. A flood of freshly printed currency could trigger an issue investors haven’t had to deal with for decades: inflation. Printing moneyAs commercial activity remains suspended and unemployment hits a record-high, governments have launched stimulus programs to support citizens. C...Read More
The recent market rally might have put the stock market crash at the back of investors’ minds.On closer examination, the TSX stock market crash earlier this year saw the TSX index trading about a third lower. Right now the market has only bounced back 27%, which is not even close to the previous high.Although the businesses in parts of Canada, like British Columbia and Alberta are progressiv...Read More
Resolution Minerals Ltd (ASX: RML) (formerly Northern Cobalt) has entered into a binding term sheet, with Millrock Resources Inc., to acquire, via joint venture earn-in, up to 80% of the 64 North Gold Project, located within the Tintina gold province, Alaska, which hosts more than 80Moz in gold, including the massive 45Moz Donlin Creek deposit. Divided into a pipeline of nine prospects, largely un...Read More
GMV Minerals Inc. (TSX-V: GMV) is focused on developing the Mexican Hat Gold project, located in Cochise County, Arizona, USA, with near term gold production plans. The project contains an inferred mineral resource of 32,876,000 tonnes, grading 0.616 g/t gold at a 0.2 g/t cut-off, containing 651,000 ounces of gold. The NI 43-101 Technical Report, Preliminary Economic Assessment was released in Dec...Read More
Today on INK Ultra Money, we are treated to Hugh Hendry's colourful interview with Richard Werner who wrote Princes of the Yen which takes a critical look at the behavior of the Bank of Japan and other central banks. However, Werner provides a prescription for improving the role of central banks, and without giving away the punchline it does not involve aggressive interest rate policy. Reading be...Read More
Doug Casey believes America as an ideal of limited government is long gone. The self-declared speculator and founder of Casey Research points out that personal freedom in the United States has declined dramatically over the last century. The pandemic has accelerated that trend with unprecedented lockdowns, and the economic fallout will lead to the biggest shock since the Industrial Revolution, he...Read More
"The average person has NO IDEA about money."Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW (R) board game, founder of the financial ed...Read More
Breakthrough Analysis: the Fed and UST are re-running the 2009 Global Financial Collapse playbook at hyper-scale..New forensic analysis of the officially released financial record from the Office of the Controller General during the epicenter of the 2008-2009 global financial collapse reveals inexplicably massive $10T capital flows into the bankrupt Morgan Stanley, in stunning contrast to the coll...Read More
America and other countries around the world who have flattened their infection curves are now starting the process of "getting back to work". In the process, we are all finding out that, while easy to say, it's complicated to do. Who, exactly, is allowed to go back to work when, and under what conditions? What will the new health safety guidelines be? And how will they be implemented and enforced...Read More
Danielle and George discuss a range of topics like the Federal Reserve, monetary policy, real estate, demographic shifts, the pension crisis, gold, silver, bitcoin and much more! Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a week...Read More
What's been talked about in the gold and silver markets for decades appears to finally be manifesting, as the mismatch between the amount of paper gold and the amount of actual gold that's in the system and available for trade continues to grow.Fortunately, Alasdair Macleod of Goldmoney.com joined the show to talk about what he's seeing. He also shared what's going on inside the LBMA, and why he's...Read More