"The fact that officers were instructed not to use their bodycams during an illegal raid of a journalist's home is deeply troubling."Continue...Read More
Brien Lundin is the editor of the Gold Newsletter and CEO of the New Orleans Investment Conference. In this episode Brien shares his commentary on the gold price as well as the junior gold sector and the tremendous deal flow he has been offered recently. He also discusses feedback from his subscribers and whether virtual mining conferences are here to stay.0:00 Introduction0:49 Gold price commenta...Read More
The dollar would crash if Trump lost the election, for then the Democrats would join the socialists of Europe. Pelosi already tried to slip in the "digital dollar" in preparation Continue...Read More
"This massive shift to fiscal stimulus is going to blow out the national savings rates and the current-account deficit," he told MarketWatch.Continue...Read More
Say you're running a big pension fund that - according to the politicians who are handing out ultra-generous benefits to public sector employee voters - has to generate 7% annual Continue...Read More
I just give up. You can't get regular medical attention anymore. This COVID scare has destroyed medical care. You walk in and they have to take your temperature and God help you if Continue...Read More
"The Chinese Communist Party allocates 2 billion US dollars each year" to gain influence with the Vatican's internal policy making and to pay for its silence on China's atrocities. Continue...Read More
Amid concerns about post-lockdown increases in COVID-19 infections, there is one striking piece of good news: Daily deaths from the disease in the United States haveContinue...Read More
Beijing has expressed intense displeasure over President Trump's decision to sign into law a bill targeting senior CCP figures involved with China's network of concentration campsContinue...Read More
1. Gold and silver still going up. They're strong gold have another good yesterday and is up today. Nick's been waiting to get into gold. Silver has a lot of room to run. Futures are trading at 18.05. Next big resistance point is 23 and then 25. Once it gets going, it's going to get interesting. The longer you have a base, the higher it can go. 2. Wild overnight session based upon Peter Navarro's...Read More
Chinese gold companies continue to pursue and acquire mining companies aggressively. Continue...Read More
Here are five Fastmarkets stories you might have missed on Tuesday June 23 that are worth another look.A recent resurgence of Covid-19 infections in Beijing led to some jitters in China's steel sector in the initial stages of the outbreak, but market participants do not expect this second wave to leave much of an impact on the industry.The aluminium duty-paid market in Europe is set to come under...Read More
Steel rebar and billet import prices in the United Arab Emirates have remained fairly stable over the past week, while domestic rebar prices have risen slightly, sources said on Tuesday June 23.Domestic rebarThe country's biggest producer, Emirates Steel, increased its rebar offers to 1,773 dirhams ($483) per tonne ex-works from June 16, up from 1,690 dirhams per tonne ex-works a week before.Follo...Read More
Chris Temple of The National Investor delves into what sets Omineca Mining and Metals apart. I had been familiar with the story and potential of uber micro-cap (a valuation of little more than C$3 million or so for a LONG time!) Omineca Mining and Metals Ltd.'s (OMM:TSX.V; OMMSF:OTCMKTS) for years. But as gold was beginning to percolate and other necessary ingredients came together as last year g...Read More
Group Ten Metals reported that it has satisfied all earn-in agreements and now owns 100% of the Stillwater West project in Montana. In a news release, Canadian mineral exploration company Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) announced that "it has satisfied all earn-in requirements set out in the agreement announced June 27, 2017 (the "Stillwater Agreement") and now has 100% o...Read More
What do snapping turtles and long-time investors have in common? Sector expert Michael Ballanger explains.The Weekly Missive, which usually arrives over the weekend (sometimes on Friday, sometimes on Sunday) was delayed this weekend for one reason: I had to change it.I started out last week with an idea that was leaning in the direction of full-on capitulation in the sense that this latest, three-...Read More
Sales of passenger cars in the EU will fall by 25% year on year in the full 2020 because of the Covid-19 pandemic, the European Automotive Manufacturers Association (ACEA) said on Tuesday June 23.The major economic crisis facing the auto industry will see car sales in the European Union tumble by more than 3 million units, with only 9.6 million units expected to be sold this year, compar...Read More
Factors affecting metals markets 1. There will be position squaring and rebuilding before the Federal Reserve chairman's testimony before the US senate on 30th June. Powell will testify on coronavirus response. 2. Quarter end position squaring and rebuilding is still going on. 3. Trader's dilemma is to choose between economic progress or second wave of coronavirus. This has res...Read More
By: Ira EpsteinGold's taking over to a new record high for several years!Read More
Wepreviously wrote that while it was tempting to bet on crude oil’s prices due totheir weakness, it was not a good idea from the risk to reward point of view,as black gold didn’t invalidate the breakout above the early-March high. And itwas definitely a good idea not to enter a short position then either – crudeoil moved higher since that time. Atthe moment of writing these words...Read More