After a brutal March and April, the price of oil has risen significantly. This has provided some breathing room for energy companies, many of whom slashed dividends earlier this year in the face of plunging oil prices. Additionally, gold has rallied to all-time highs in 2020. This has provided a boost for gold miners who suffered during most of the past decade because of falling gold prices.Many i...Read More
One of the rainwater collection ponds in Magdalena Ocotl??n. (Image by Compa???-a Minera Cuzcatl??n). Mexico's Federal Attorney for Environmental Protection issued a report stating that the subsidiary of Canada's Fortuna Silver Mines (NYSE: FSM), Compa???-a Minera Cuzcatl??n, hasn't caused any pollution to rainwater collection ponds in the Magdalena Ocotl??n municipality in the southern Oaxaca st...Read More
Rescue team at the Los Cedros coal mine in Colombia. (Image courtesy of the National Mining Agency). The bodies of nine miners have been recovered from a coal mine in Colombia where an explosion took place on July 31, 2020.According to the National Mining Agency, the blast at the Los Cedros mine in the El Zulia municipality of the Norte de Santander department was caused by the accumulation of ga...Read More
Pyrite on quartz. (Image by James St. John, Flickr). Researchers at the University of Minnesota in the US have electrically transformed iron sulfide, also known as "fool's gold" or pyrite, into a magnetic material.In a paper published in the journal Science Advances, the scientists explain that this is the first time an entirely non-magnetic material has been transformed into a magnetic one. In t...Read More
Here are five Fastmarkets stories you might have missed on Friday July 31 that are worth another look.Pig iron export prices from Brazil continued to climb in the week to July 31 on new sales to China and the United States.Chilean copper producer Codelco will restart...Read More
Comex December gold futures had touched $2,009.50/oz earlier but were around $1,998/oz at the time of writing.Spot gold was worth about $1,981/oz.US growth took its worst hit on record in the second quarter, while the S&P 500 stands some 4% below all-time highs, Reuters reported, with the continued divergence between stocks and the real economy worrying some investors."With US real interest ra...Read More
Here are five Fastmarkets stories you might have missed on Friday July 31 that are worth another look.Pig iron export prices from Brazil continued to climb in the week to July 31 on new sales to China and the United States.Chilean copper producer Codelco will restart...Read More
Michael McNeilly, CEO of Metal Tiger PLC (AIM: MTR) introduced us to his business. Metal Tiger is an AIM (London Stock Exchange) quoted investing company, focused on the natural resource sector. Metal Tiger has a portfolio of investments in development and exploration stage mining companies, with a current focus on precious and base metals, with a strong focus on copper, gold and silver. They hold...Read More
Here are five Fastmarkets stories you might have missed on Friday July 31 that are worth another look.Pig iron export prices from Brazil continued to climb in the week to July 31 on new sales to China and the United States.Chilean copper producer Codelco will restart...Read More
George Gammon lays out the plan by the global elites to destroy your liberty and implement a form of economic totalitarianism that will cripple humanity for many generations to come. George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conven...Read More
Freshly back from speaking at the Sprott 2020 Natural Resources Symposium , David Smith, the Sr. Analyst at The Morgan Report, returns to Liberty and Finance / Reluctant Preppers to offer highlights and key takeaways from the conference, and to answer our questions about precious metals, mining, and the historic times we are traversing!David H. Smith is senior analyst for The Morgan Report, and a...Read More
Topics discussed include how to handle the rest of this pandemic and the next one, the power of the mask, geronticide, and soul in the game.Continue...Nassim Taleb spent 20 years as a derivatives trader and, after closing 650,000 option transactions and examining 200,000 risk reports, he changed careers in 2006 to become a scholar and philosophical essayist. Taleb is currently Distinguished Profes...Read More
Sector expert Michael Ballanger offers his latest analysis of how current economic circumstances are driving the gold and silver bulls. Gold barsBefore I begin this weekly missive (which is being penned on a Wednesday due to my impending cruise to the northern habitats of Georgian Bay), I need to present one quote that for me summarizes everything there is to know about risk management in the cap...Read More
No matter what shape the recovery is, the epidemic will likely have lasting, positive effects on the gold market.During the most acute phase of the pandemic and the following economic crisis, there was no time to analyze various WGC’s reports on the gold market. Let’s make up for it!I’ll start with the report “Recovery paths and impact on performance” about the gold m...Read More
Our trading team witnessed a big drop in Platinum and Palladium prices early this morning while Gold and Silver continued to push moderately higher. We began to question this move and investigate any historical relevance to previous patterns. Our research team pointed out that both Platinum and Palladium rolled lower just 3 to 4 days before the breakdown in the US stock markets on Febr...Read More
Yesterday’s session was indeed volatile around theFOMC, just like we warned,and gold even moved to its previous high, likely forming a double-top pattern.Even though gold moved higher on an intraday basis, it didn’t invalidate itsprevious breakdown, which was a bearish sign. Gold was likely to decline, andit is declining so far in today’s pre-market trading. The above chart show...Read More
Here are five Fastmarkets stories you might have missed on Friday July 31 that are worth another look.Pig iron export prices from Brazil continued to climb in the week to July 31 on new sales to China and the United States.Chilean copper producer Codelco will restart...Read More
Here are five Fastmarkets stories you might have missed on Friday July 31 that are worth another look.Pig iron export prices from Brazil continued to climb in the week to July 31 on new sales to China and the United States.Chilean copper producer Codelco will restart...Read More
This is only PHASE ONE of the collapse in global silver production. The world will find out that silver is one of the most undervalued assets on the planet... by Steve St Angelo of SRSrocco ReportAccording to the data released by Mexico and Peru's governmental mining data, domestic silver production continued to be depressed in May. Interestingly, the production data just released from Mexico's...Read More
This is the 1970s on steroids...by Peter Schiff of Peter Schiff PodcastJuly ends with record monthly closes.Apple becomes world's most valuable company.Gold settings records.Silver has its best month since 1979.US Dollar has lost better than 99% of its value.Slow orderly decline could turn into rapid disorderly crash.10 and 30 year Treasury Bonds close with lowest yields in history.This is the 197...Read More