Statism has become a new religion.A growing number of people are interested in using the State's power to tell others how to live. They are also voting themselves freebies at the expense of others.Continue...Read More
Nothing matters until it does.Consider this: 95% of S&P 500 companies have reported earnings. GAAP earnings are down 50% over the last year with S&P 500 sales down 11%.Despite that, the S&P 500 continues to hit all-time highs which begs the question, what if that 95% start having better quarters?Does the S&P soar higher? What if the five stocks that have driven the rally pull back. Is that even po...Read More
"This only ever happens once every other generation, every 80/90 years, and we are right on that cycle. I have been predicting this would happen for 20 to 30 years. The bubble has gone longer than I would have expected," Harry Dent says. Harry also provides his forecast for when the bubble will burst, his prediction for who will win the US election, his outlook on Australian house prices and share...Read More
Troilus, HighGold, and Revival Gold are drilling great discoveries and offer significant low-risk upside through splashy drill results, growing resources, and initial mine plans, writes Resource Maven Gwen Preston. The gold bull market has arrived. And strong gold markets give investors the opportunity to make great returns without taking on much risk. Here I'll explain why and outline three stoc...Read More
Auryn and Eastmain Resources had announced the transaction a month ago, designed to create three, commodity-specific exploration companies, with Fury to be focused on Canada and headed by former Agnico Eagle VP of corporate development Mike Timmins. Yesterday, the pair said Auryn would issue 7.5 million subscription receipts in two tranches, the first priced at $2 and the second at the flow-t...Read More
Vancouver, BC September 1, 2020 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") is pleased to announce it has appointed Mr. Michael Tucker as VP Exploration. Mr. Tucker is the former exploration manager for Balmoral Resources, which was recently acquired by Wallbridge Mining Company (TSX: WM). KORE is also pleased to announce two appointments to our US based developmen...Read More
Sep 02, 2020 Guest(s): Frank Holmes CEO, U.S. Global Investors Jerome Powell's hawkishness at last week's Jackson Hole Symposium created doubts in gold investors' minds, sending the yellow metal to trade sideways for the last few days. Volatility for gold presents an opportunity to buy on the dips, said Frank Holmes, CEO of U.S. Global Investors who said that "if you're not wrong, you're wrong."...Read More
While everyone talks about Warren Buffett's pivot into the gold space, it appears that gold isn't the only metal the oracle wants exposure to.This morning it was reported that Buffett has acquired a 5% stake in each of the five leading Japanese trading companies.Berkshire says it intends to hold the investments for the long term, and that it may increase its holdings in any of the companies up to...Read More
Sep 03, 2020 Guest(s): Rick Rule President & CEO, Sprott U.S. Holdings An economic war on savers is going to push gold prices much higher than $2,000 an ounce, according to Rick Rule, president of Sprott U.S. holdings. In an interview with Kitco News on the sidelines of the Mines and Money Online Connect Global mining conference, the celebrated fund manager said that while he is no fan of the Fe...Read More
Grande Portage Resources, recipient of a $3 million investment by Eric Sprott, is in the midst of a 6,000-meter summer drill program at its Herbert Gold Project. Grande Portage Resources Ltd. (GPG:TSX.V; GPTRF:OTCQB; GPB:FSE) is focused on expanding its Herbert Gold Project in southeastern Alaska, located not far from the capital city of Juneau. The property sits in the 160-km-long Juneau gold be...Read More
Mining executive John Antwi, president and director of privately held Elim Mining, spoke about the copper market on the third day of The Northern Miner's Global Mining Symposium.Antwi and his team at Elim Mining are advancing the company's flagship Cactus copper project in Arizona and plan to make a construction decision in 2022.The project, which hosts the past-producing Cactus mine, was brought...Read More
Orefinders CEO Stephen Stewart tells Bill Powers of MiningStockEducation.com about his company's plans for three discovery campaigns in historical and prolific mining districts in Ontario and Nevada. Eric Sprott invested in Orefinders Resources Inc. (ORX:TSX.V) in February 2020 due to the discovery potential at its numerous projects in close proximity to Kirkland Lake Gold Inc.'s (KL:TSX; KL:NYSE...Read More
Peter Epstein of Epstein Research discusses an explorer that he believes offers high-grade precious/base metal discovery potential. Sassy Resources, View from WestmoreSassy Resources Corp. (SASY:CSE) is a largely unknown spinout from Crystal Lake Mining (now called Enduro Metals). Sassy controls 100% of a promising gold-silver play in the Eskay Camp, at the heart of B.C.'s Golden Triangle (GT). T...Read More
Bill Fleckenstein, president of Fleckenstein Capital, sits down with Rick Rule, president and CEO of Sprott U.S. Holdings Inc., to talk about the macro drivers of the recent precious metals bull market and what to look for when investing in miners. Using their decades of experience in the industry, Rule and Fleckenstein explain why regardless of a specific price target and because precious metals...Read More
Vancouver, BC September 15, 2020 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") is pleased to announce a positive Preliminary Economic Assessment ("PEA") for the Company's 100% owned Long Valley Gold Deposit ("Long Valley" or "Project"), located in California, USA. The PEA demonstrates Long Valley's potential to generate strong economic returns while being in full complia...Read More
Sep 17, 2020 Guest(s): Mark O'Dea Chairman & Founder, Oxygen Capital With precious metal prices up sharply this year and a depleted pipeline of projects due to under-investment, the chair and founder of Oxygen Capital, Mark O'Dea, told Kitco on Monday there won't be that many new mines opening after his Pure Gold Mining (TSX-V: PGM, LSE: PUR) starts up later this year. Oxygen Capital is an integ...Read More
Peter Epstein of Epstein Research delves into this company's exploration plans in Colombia. Five weeks ago, gold hit an all-time high of US$2,073/oz. Since then, it's down 6.2% to US$1,944/oz. (still above 2011's record level). Yet, based on the share price declines in some well-known juniors, one would think gold was down 2-3 times as much.Apollo Gold is down 52% from its recent high, Evergold C...Read More
The "digital economy vs. the hands-on economy."That's what the talking heads are now calling sugar daddy Jerome's (otherwise known as Fed Chairman Jerome Powell) "by any means necessary" approach to inflating the biggest asset bubble most of us will ever see.In the real world, the debacle that is the U.S. handling of the COVID-19 virus is leading those in the real world to some all-too-real choice...Read More
It is a no-brainer these days to put some money into gold stocks. Warren Buffett knows it. Eric Sprott knows it. There is going to be a lot of money to be made in the sector in the coming years. In spite of the surprising lack of coverage on many media channels, gold’s move upward this year is very telling in the grand scheme of the economic environment. The wind is at gold’s sail...Read More
Sep 20, 2020 Guest(s): Joe Mazumdar Editor, Exploration Insights The junior exploration sector has seen a flood of investment capital in the last few months as gold prices have pushed to record highs; according to one analyst, the industry remains undervalued and there is further investment potential. In an interview with Kitco News, on the sidelines of the virtual Beaver Creek Precious Metals S...Read More