The Canadian Dollar dropped, testing the lows of 2018, following CREA data showing existing home sales crashed to the lowest since 2013 and price appreciation slowed dramatically.Read full newsRead More
BULLHEAD CITY - Northern Vertex Mining Corporation announced Tuesday its first gold pour at the Moss Mine.Read full newsRead More
Cryptocurrency miners are seemingly working away under every rock on the internet and there is good reason. It's an almost guaranteed payday with a much reduced chance of discovery.Read full newsRead More
The Wells Fargo Way2Save offers a Save As You Go option designed to help banking customers save more money. In our review, we look at how Way2Save works, its rates and fees.Read full newsRead More
VANCOUVER, March 13, 2018 /PRNewswire/ - Northern Vertex Mining Corp. (NEE.V) (OTC Nasdaq Intl.: NHVCF) (theRead full newsRead More
Barrick Gold (ABX+2%) jumps after RBC Capital upgrades shares to Outperform from Sector Perform with a $16 price target, arguing ABX's cost guidance and declining production profile already are priced in, and the current valuation puts the stock at an attractive entry point. Meanwhile, RBC downgrades Newmont Mining (NEM-0.1%) to Underperform from Sector Perform and trims its price target to $1...Read More
RBC Capital Markets think the two stocks are on different trajectoriesRead full newsRead More
Mark Ferguson of S&P Global Market Intelligence talks about gold projects and exploration in this PDAC 2018 video interview.Read full newsRead More
Both Canadian and American markets spent Thursday morning inching back into the green, but commodities went tumbling down.Read full newsRead More
Astorius Resources Ltd. (TSXV: ASQ, Frankfurt: 47AF)("Astorius" or the "Company") is pleased to announce that alluvial mining consultants, Velrub Ltd. ("Velrub"), have been hired to perform exploration work on both the Company's Condor and Osos1 concessions located in Ecuador.Read full newsRead More
Blackrock Gold Corporation (TSXV: BRC) ('Blackrock' or the 'Company') is pleased to announce that it has closed the non?EUR'brokered private placement that was announced on February 2, 2018, and March 6, 2018. The private placement was originally intended to raise $800,000 and amended to raise $1,300,000.Read full newsRead More
The comments above & below is an edited and abridged synopsis of an article by Alex DeluceGlobal debt has reached record heights without any signs of relief. While central bankers try to explain away the phenomenon of these out-of-control numbers, it's not much of a mystery. Immediate consumption with the promise of repayment sometime in the future has consequences. Global debt will likely never b...Read More
The comments above & below is an edited and abridged synopsis of an article by Mark O'ByrneOver 2.6 million women in the UK have been told they won't receive their pensions as expected. Those born in the 1950s have had their retirement ages increased from 60 to 65 years of age. Pensions crises are becoming the norm. As well as the women affected by the UK's Pensions Act, there are thousands of me...Read More
The comments above & below is an edited and abridged synopsis of an article by David HaggithThe smart money gets out of the stock market when it hits its all-time peak, and the dumb money helps the smart money out. It typically happens this way:At the end of a euphoric rally when the market is preparing to crash, everyone is opening trading accounts and chasing the tail of market action. Many thro...Read More
The comments above & below is an edited and abridged synopsis of an article by David StockmanThe markets are due for a pin to burst their gigantic bubble. Among the many sharp edges:The virtual certainly of a recession within the next two years, and a typical 30%-50% drop in earnings;The Fed pivoting to Quantitative Tightening (with other major central banks to follow), and the consequent massive...Read More
The comments above & below is an edited and abridged synopsis of an article by Arkadiisz SieronThere are basically four business cycles: expansion, peak, contraction and trough. The US economy has had a 9-year upswing; February 2018 marked the 102nd month of economic recovery for the third-longest expansion in post-war history.It was also the weakest expansion, now with rising interest rates and i...Read More
The comments above & below is an edited and abridged synopsis of an article by Frank ShostackPrior to 1933, the dollar referred to a unit of gold that had a weight of 23.22 grains. Since there are 480 grains in one ounce, this means that 'dollar' also stood for 0.048 ounce of gold. This meant that one ounce of gold referred to $20.67.The present floating exchange-rate system is a by-product of the...Read More
The comments above & below is from an article by RTThe National Bank of Hungary (MNB) has announced it is bringing home the country's 100,000 ounces (3 tons) of gold reserves from London.The decision to repatriate gold reserves, in total worth some 33 billion Hungarian forint (US$130 million), was also explained as being for safety reasons, in case of a potential geopolitical crisis.It is also i...Read More
The comments above & below is an edited and abridged synopsis of an article by Charleston VoiceThe most popular image of German inflation is the flood of paper money that issued from the printing presses and engulfed the nation. The struggle was hard, tragic and often ridiculous.The chief cause was the Reichsbank's policy of simply printing more money to counter the country's debt caused by WWI an...Read More
The comments above & below is an edited and abridged synopsis of an article by Egon von GreyerzGold is hated by governments around the world because it reveals their deceitful actions in totally destroying the economy. It is not an accident that gold is the only money that has survived for 6,000 years. Gold is the only money that tells the truth. And gold is nature's money, which means it cannot b...Read More