$2 trillion direct assistance, roughly $4 trillion in Federal Reserve lending power.Continue...Read More
Would you like to know why Mike Maloney gets so frustrated when people incorrectly refer to currency as money? It has a lot to do with what he calls 'The Race To Debase'. Join Mike in his latest update where he covers the huge change to the Federal Reserve's balance sheet, reads a segment from his new book, and answers viewer questions. Michael Maloney is a precious metals investment expert and hi...Read More
Black Tusk Resources has submitted a drill permit application for 18 drill pads at the McKenzie East Gold project in Quebec. In a news release, gold exploration and development company Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) announced that it has submitted an application to the Quebec Ministry of Forests, Wildlife and Parks for a permit to conduct exploration drilling on the...Read More
By: Ira EpsteinGold hits $1,700 again, strong support around $1,550. Resistance around upper $1,600's.. Read More
Richard (Rick) Mills, Ahead of the herd2020.03.25A number of factors influence gold prices (mainly the US dollar, gold ETF inflows/ outflows, inflation rate, bond yields, safe haven demand, physical gold demand, gold supply) but none is more reliable than real interest rates.The demand for gold moves inversely to interest rates - the higher the rate of interest, the lower the demand for gold, th...Read More
Rob Goodman of StockPulse interviews Peter Spina on the quickly evolving situation in the gold markets:"It's a very unique time and period in history but it's good to take some action right now and don't wait. I don't think this is a time to be waiting for everyone else to take action because when they do you see how supplies get raided very quickly and disappear." - Peter SpinaInterview date Tu...Read More
"If you infuse Keynes' economic and monetary theories with LSD you end up with MMT (Modern Monetary Theory)"Dave KranzlerWhile the coronavirus to be sure is the "black swan" that pricked the stock bubble, market forces eventually would have accomplished the same result. The Fed started bailing out the banking system in September, printing half a trillion dollars to save the banks well before any...Read More
By: Ira EpsteinGold hits $1,700 again, strong support around $1,550. Resistance around upper $1,600's.. Read More
Federal Reserve: $5 Trillion Heading to $10 TrillionThe Problem with Models and AssumptionsThe Cavalry Is on the WaySpeaking of Mortality RatesFederal Budget Deficits: To $30 Trillion and BeyondThe Unintended Consequences of Doing GoodTens of Millions of UnemployedThe Post-Virus New NormalStaying in Puerto Rico and AmandaUnprecedented events are happening so fast, I barely know where to start. B...Read More
Few sectors of the global economy are flourishing in these uncertain times like Australian gold mining. A combination of factors ... Read More The post The top five WA gold stocks likely to be on the radar of the majors appeared first on Stockhead.Read full newsRead More
TORONTO - Centerra Gold Inc. is suspending open pit mining at its Oksut project in Turkey in an effort to slow the spread of COVID-19. The suspension of work at the project starting March 31 is for an initial period of two weeks. However, the gold miner says operations at its Kumtor mine in the Kyrgyz Republic and its Mount Milligan operation near Prince George, B.C., continue for the time being....Read More
Few sectors of the global economy are flourishing in these uncertain times like Australian gold mining. A combination of factors ... Read More The post The top five WA gold stocks likely to be on the radar of the majors appeared first on Stockhead.Read full newsRead More
"Kiva is an easy way to make a real difference in someone's life. Will you join me in helping Benkadi-Bani Group in FALO to pursue their dream? https://t.co/hoR06wL7wf via @Kiva"Read full newsRead More
The growing coronavirus pandemic is harshly impacting economic activity around the globe. It has also triggered the worst market crash since the 2008 Great Depression. Despite stimulus measures, including Trump’s recently announced US$2 trillion package, the short-term economic outlook remains bleak. This is weighing heavily on commodities, particularly oil and base metals. That in turn has...Read More
The TSX rallied this week with some of its biggest positive moves in history. Many stocks rallied in line with it — stocks like Scotiabank and Barrick Gold (TSX:ABX)(NYSE:GOLD). But the difference between these stocks lies elsewhere. Today, we will take a look at why Canadian investors should own the gold miner instead of the banker.For one thing, Barrick is positive by 17% year on...Read More
(Image courtesy of BHP). Global miner BHP Group (ASX, LON, NYSE: BHP) launched an $8-million plan focused on helping mitigate the spread of COVID-19 in Chile.BHP operates the Escondida copper mine, which is the world's largest, and the Pampa Norte mine, which consists of two operations, Spence and Cerro Colorado. Both complexes are in the northern Atacama Desert but Escondida and Spence are locat...Read More
(Reference image from Pixnio, CC0). The Esperanza camp, which is part of the San Carlos Panantza mining complex in Ecuador, was intentionally set on fire and destroyed this weekend, according to information made public by the Ministry of Energy and Natural Non-Renewable Resources.The copper project, located in the southeastern province of Morona Santiago, is operated by Explorcobres S.A.(EXSA),...Read More
CPU processor. (Reference image from Pxfuel, CC0). A research paper published in Physical Review Letters reveals that gold can stand up to the strain of the next-generation data processing in electronic devices.The study was carried out because engineers were starting to worry about the possibility of the tiny gold wires that are used in electronics behaving more like a liquid than a solid as cir...Read More
Here are five Fastmarkets stories you might have missed on Friday March 27 that are worth another look.European flat steel producers have reduced output, and some of them have stopped operating certain equipment, in their attempts to balance supply and demand after multiple automotive producers suspended their operations because of the Covid-19 pandemic.The Zambian government will remove the 5% im...Read More
Here are five Fastmarkets stories you might have missed on Friday March 27 that are worth another look.European flat steel producers have reduced output, and some of them have stopped operating certain equipment, in their attempts to balance supply and demand after multiple automotive producers suspended their operations because of the Covid-19 pandemic.The Zambian government will remove the 5% im...Read More