The ECB held its monetary policy stance steady. Meanwhile, the U.S. fiscal deficit reached its all-time high. What does it all mean for the gold prices?On Thursday, the members of the Governing Council of the ECB met together to undertake monetary policy decisions. They decided to leave the interest rates and the conditions of the quantitative easing unchanged. This lack of action was widely expec...Read More
It's essential to understand where you are in the overall long-term cycle...Patrick Karim and Chris Vermeulen on Palisade RadioTom welcomes Patrick Karim, who is a proprietary capital manager, and Chris Vermeulen, the founder of Technical Traders Ltd., back to the program.Patrick brings us several charts to review, beginning with a comparison of USD/Swiss Franc contrasted with gold. There is a cyc...Read More
Australian nickel-gold miner IGO Ltd on Friday kicked off a review of its 30% stake in the Tropicana gold mine in Western Australia, after receiving unsolicited approaches from a number of interested parties.Read full newsRead More
VANCOUVER, British Columbia, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Gold Plus Mining Inc. ("Gold Plus" or the "Company") (CSE :GPMI) (FSE: 1I3) is pleased to announce that it has successfully listed its shares on the Frankfurt Stock Exchange under symbol 1I3 with ISIN: CA38067R1001 and WKN: A2P1BYThe listingRead full newsRead More
Chile's environmental court confirmed Thursday a final order to close Canadian company Barrick Gold's huge Pascua Lama mining project, on hold since 2013 over environmental concerns.Read full newsRead More
Sep 19, 2020 Guest(s): Shaokai Fan Head of Central Bank Relationships, World Gold Council Central bank gold demand has been slowly declining through 2020, with July net purchases falling to their lowest level since December 2018. However, the World Gold Council said this sector remains an essential pillar of support for the gold market. WGC said that foreign exchange reserve data from the Intern...Read More
Here are five Fastmarkets MB stories you might have missed on Friday September 18 that are worth another look.China has issued its 12th batch of non-ferrous scrap metal import quotas for 2020, with a much larger volume of copper scrap being approved to enter the country than in the previous two rounds of quotas. The latest batch permits 136,335 tonnes of copper scrap to be imported into China, the...Read More
Producers Kinross Gold (TSX: K) and Calibre Mining (TSX: CXB) both hit 52-week highs in Toronto on Friday, gaining 6.3% and 11.7% respectively.Kinross had announced a three-year 20% guidance boost on Thursday and declared its first dividend since 2013.Gold is up slightly, above US$1,949 an ounce on the spot market.Market futures were pointing lower to start the week following a mainly muted finish...Read More
Here are five Fastmarkets MB stories you might have missed on Friday September 18 that are worth another look.China has issued its 12th batch of non-ferrous scrap metal import quotas for 2020, with a much larger volume of copper scrap being approved to enter the country than in the previous two rounds of quotas. The latest batch permits 136,335 tonnes of copper scrap to be imported into China, the...Read More
Here are five Fastmarkets MB stories you might have missed on Friday September 18 that are worth another look.China has issued its 12th batch of non-ferrous scrap metal import quotas for 2020, with a much larger volume of copper scrap being approved to enter the country than in the previous two rounds of quotas. The latest batch permits 136,335 tonnes of copper scrap to be imported into China, the...Read More
"You have such a collapse in the infrastructure of the world economy. You have effectively 300 million people who have lost their jobs. On top of that, you have these negative interest rates where nobody is buying European bonds where the European Central bank has been buying them all. They can't raise interest rates because their own portfolios blow up. So, they are grasping at straws, at this po...Read More
"Be careful where you put your money; you don't need to take crazy risks."Marin Katusa has worked directly with and financed many companies of well-known individuals in the resource industry and has become one of the most trusted and well connected dealmakers in the junior resource sector. During this time, he has become one of the most successful portfolio managers in the resource sector, such as...Read More
To start off this year's SilverFest, David Morgan "The Silver Guru" gave a state of the silver market address. He talked about what's happened, where things stand now, and what to expect going forward.Part 1 (part 2 below)A large portion of the world's silver mines were shut down because of COVID during 2020. But how much silver was actually lost?Part 2David Morgan is a world-renown precious metal...Read More
The Fed wants inflation to run hot and well above its old 2% inflation target on the Consumer Price Index (CPI). In some Fed projections, the Fed is already projecting a 3.9% CPI inflation rate by Q3 2021. However, the CPI does not reflect everyday reality for food, healthcare and other daily bills of most Americans. The inflation formulas from ShadowStats (using old government inflation formulas...Read More
Assuming the concept works as promised, vertical farms should generate some of tomorrow's interesting business models and hot growth stocks, thus answering two big questions: Where will we Continue...Read More
AstraZeneca claims the two cases of the illness were "unlikely to be associated with the vaccine, or there was insufficient evidence to say for certain that the illnesses were or were not related to the vaccine." Continue...Read More
Bob Moriarty profiles the silver-copper explorer and discusses the project he describes as a "hidden gem." Defiance SilverI wrote about Defiance Silver Corp. (DEF:TSX.V; DNCVF:OTCBB) (DEF-V, DNCVF-OTCBB) back in July. Their shares were $0.35 back then and have almost doubled since. Investors it seems to me are way too bullish. While I would like to see a deeper correction in gold and silver, Def...Read More
At last, crudeoil moved a bit higher, so you might be asking yourself if the trend hasreversed or is this just a pause before the moves continue.In short, wethink the latter is much closer to the truth. The fact remains that in a global andhyperconnected economy such as today, no market can sustain completeindependence of the rest of the world. Crude oil, as the most versatilemarketplace commodity...Read More
The ECB held its monetary policy stance steady. Meanwhile, the U.S. fiscal deficit reached its all-time high. What does it all mean for the gold prices?On Thursday, the members of the Governing Council of the ECB met together to undertake monetary policy decisions. They decided to leave the interest rates and the conditions of the quantitative easing unchanged. This lack of action was widely expec...Read More
RESEARCH HIGHLIGHTS:Gold Pennant/Flag formation is now complete and setting up new momentum base near $1,925.Our Adaptive Fibonacci Models suggest support will prompt new Gold rally to $2,250.The rally in Gold will continue to extend higher over the next 4+ weeks. The US Dollar may move lower and/or the US stock market may break recent support to prompt this new rally in Gold. If...Read More