"I don't know. I mean, I just don't know what the government assistance would be for what I have." "I have hotels. Everybody knew I had hotels when I got elected. They knew I was a successful person when I got elected so it's one of those things." Continue...Read More
Four senators dumped millions of dollars worth of stock after being briefed on the threat of coronavirus but before the markets crashed as infections soared, disclosure records have revealed. Continue...Read More
In simplest terms, scientists say that the epidemic will slow when people with infections don't pass the virus on to others.Continue...Read More
"While the supply of bullion coins is currently limited, we are fulfilling all the orders we can. We are also continuing to fully Continue...Read More
Alasdair doesn't understand commodities well enough to get it but the vast majority price movement is based on the actions of the speculators Continue...Read More
Brazilian car producers Volkswagen, Fiat Chrysler, Toyota and Renault have announced collective holidays starting in April, following the same measures from General Motors (GM), Ford and Mercedes-Benz because of concerns about the spread of novel coronavirus (2019-nCoV).Volkswagen, the second-largest car producer in the country, will stop production at its four units in the country for two weeks s...Read More
By: Ira EpsteinEverything changed on February 19th. It was China's problem before then, the market didn't care, why care about gold?Then the switched flipped and things changed. Gold remains in an uptrend, the monthly chart showing strong support around $1,458 and below at $1,400 area with resistance around $1635Read More
It doesn’t seem to matter what the ratio of gold to silver is, or how high it goes. Those who prefer silver always seem to think it’s going to reverse “soon”.It might; maybe significantly so, too. But it doesn’t mean a thing. There are no fundamental reasons for the ratio to move up or down at any given time.Actually, there is no reason to track it, either. Except tha...Read More
Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended March-21, 2020$AUY $PAAS $SILV $SVM $NEE.V $NGD $MUX $KL $GUY.TO $GCM.TO $EXK $ELY.V $GOLD $ALO $AGI Alamos Gold: Announced it will repurchase, from a third party, an existing 3% NSR royalty on its Island Gold project for cash consideration of C$75m (US$54m). The royalty is within four patented claims that compromise the m...Read More
Richard (Rick) Mills, Ahead of the herdMarch-17-2020Stock markets rebounded on Tuesday, after the White House announced further measures to help Americans and companies hurt by the coronavirus pandemic.The Trump Administration is reportedly considering sending checks to Americans so they have cash to spend during the outbreak.The Dow, S&P 500 and the Nasdaq finishing about 6% higher was a welcom...Read More
David StockmanThe nerve of it is a wonder to behold. The US airline industry has spent a decade shoving itself into harm's way by strip-mining their balance sheets to fund share buybacks and goose top executive stock options.For crying out loud - the reckless irresponsibility of it is mind-boggling. That's because for decades upon decades this has been a highly cyclical industry - vulnerable to...Read More
David HaggithAs the carnage continues with stocks now ignoring anything the Fed throws at them and the Fed has pretty well thrown everything it has used in the past and is now moving into bailout mode where is the US stock market crash likely to stop falling? So far, it's been limit-down all the way. Before posing "The Fed is Dead" later today, I wanted to rush this out because I can get it...Read More
By: Ira EpsteinEverything changed on February 19th. It was China's problem before then, the market didn't care, why care about gold?Then the switched flipped and things changed. Gold remains in an uptrend, the monthly chart showing strong support around $1,458 and below at $1,400 area with resistance around $1635Read More
It's HappeningGoing to WarWe Are Facing a Depression, Not a RecessionWhat Will It Take?How Things Are Going to Change and What We Should DoWe Can Do ThisPersonal ThoughtsIn the film version of Tolkien's Lord of the Rings: Return of the King, there's a three-minute scene you should watch or re-watch. It is relevant to our situation today. Gondor needed to light the beacons for aid.Click here for...Read More
Chris Marchese Chief Mining Analyst, GoldSeek & SilverSeek Week Ended March-21, 2020 $AUY $PAAS $SILV $SVM $NEE.V $NGD $MUX $KL $GUY.TO $GCM.TO $EXK $ELY.V $GOLD $ALO $AGI Alamos Gold: Announced it will repurchase, from a third party, an existing 3% NSR royalty on its Island Gold project for cash consideration of C$75m (US$54m). The royalty is within four patented claims that compromis...Read More
Brazilian car producers Volkswagen, Fiat Chrysler, Toyota and Renault have announced collective holidays starting in April, following the same measures from General Motors (GM), Ford and Mercedes-Benz because of concerns about the spread of novel coronavirus (2019-nCoV).Volkswagen, the second-largest car producer in the country, will stop production at its four units in the country for two weeks s...Read More
Privately held Nordgold has taken a 19.9% stake in Cardinal Resources (TSX: CDV; ASX: CDV), which is advancing its Namdini gold project in Ghana.The Russian gold miner, whose non-executive chairman is billionaire Alexey Mordashov, recently confirmed the acquisition of 98.44 million shares of the junior at A$0.44 per share, including 81.04 million shares purchased from a subsidiary of Gold Fields a...Read More
As global financial markets began to melt down in response to the coronavirus pandemic, SilverCrest Metals (TSX: SIL; NYSE-A: SILV) inked a $75 million bought-deal financing on Mar. 11 that was underwritten by a banking syndicate led by National Bank Financial (and including Eight Capital and Scotia Capital).The deal was terminated seven days later.National Bank Financial said it was terminating i...Read More
In early January 2020, gold prices were steadily escalating on the heels of strong investor confidence fueled by some of the largest mining M&A transactions in recent history, including Newmont's merger with Goldcorp (US$10 billion), and Kirkland Lake Gold's acquisition of Detour Gold (US$3.8 billion).Over the past 12 months, gold prices had risen from US$1299 per oz. in January 2019 to US$1476 in...Read More
The jobs will be offered as six-month contracts and cover a range of skills needed by BHP operations in the short term.Read full newsRead More