Miramont Resources Corp. (CSE: MONT) ('Miramont' or the 'Company') is pleased to provide an update of progress at its Cerro Hermoso project in southern Peru.Read full newsRead More
Renforth Resources Inc. (CNSX:RFR) ("Renforth" or the "Company") is pleased to announce that the January 2018 drill program at Parbec has commenced.Read full newsRead More
Exploring Base and Precious Metals across North AmericaRead full newsRead More
The stock markets have rocketed higher since Trump's election win on hopes for big corporate tax cuts. This extreme rally has left stocks exceedingly overvalued and overbought today. A major selloff is long overdue and likely imminent. When stocks inevitably roll over and mean revert lower to rebalance away euphoric sentiment, gold is the main beneficiary. Gold investment demand soars when...Read More
Mr. Greg Smith of Calibre reportsCALIBRE AND CENTERRA GOLD DRILL 77.8 METRES GRADING 1.1 G/T AU AT THE CERRO AEROPUERTO GOLD DEPOSIT, NORTHEASTERN NICARAGUACalibre Mining Corp. has provided an update as the company and Centerra Gold Inc. continue to advance the Siuna project, Borosi Concessions, Northeast Nicaragua.Centerra can earn a 70-per-cent interest in the project by investing $7-million in...Read More
Mr. Joseph Campbell reportsTERRAX ACQUIRES PTARMIGAN MINE PROPERTY ON EASTBELT, YELLOWKNIFE CITY GOLDTerrax Minerals Inc. has entered into an agreement to acquire the Ptarmigan mine property, located within its Eastbelt property at the Yellowknife City gold project.The Ptarmigan mine was a gold producer in the Yellowknife gold district from 1941 to 1942, in 1983, and from 1985 to 1997.The main Pta...Read More
Jan 12, 2018 Guest(s): Robert Kiyosaki For bestselling author Robert Kiyosaki, crashes, debt and taxes are the secret to how the are getting richer, so is 2018 setup to deliver?"I hope so," said Kiyosaki the author of Rich Dad, Poor Dad and his latest, How the Rich are Getting Richer. And with the stock market continuing to hit all-time highs, Kiyosaki said the next financial crash is "imminent...Read More
Jan 11, 2018 Guest(s): Carley Garner Co-founder, DeCarley Trading (Kitco News) While the gold market has its issues, it still surpasses bitcoin in may ways, according to a veteran trader. "Bitcoin has no intrinsic value," said Carley Garner, president of DeCarley Trading, in an interview with Kitco News, "Bitcoin is more of an idea than an asset at this point, in my opinion."Turning to gold, Gar...Read More
(Kitco News)- There is little standing in gold’s way next week thatwill stop prices from pushing higher in what will be a shortened trading week,according to some analysts.The gold market is seeing its fifth weekly consecutivegain as prices hold near their highest level in four months. February gold futures lasttraded at $1,331.70 an ounce, up 0.7% since last Friday. Since its December lowgo...Read More
(Kitco News) - Traders and analysts who takepart in the weekly Kitco News gold survey look for the recent weakness in theU.S. dollar to continue underpinning gold in the next week. Wall Street Bullish Bearish Neutral VSMain Street Bullish Bearish Neutral Those who disagree suggest thegreenback’s slide may be due for a pause, which in turn could take away some ofthe shine...Read More
U.S. business inventories rose slightly more than expected in November. The Commerce Department said on Friday business inventories increased 0.4 percent. October data was revised to show inventories unchanged. Published 10 Hours AgoUpdated10 Hours AgoReutersSHARES Jim Young | Bloomberg | Getty ImagesA worker operates a forklift to move parts used to assembled car seats at the Lear Corp. manuf...Read More
Mr. Greg Smith of Calibre reportsCALIBRE AND CENTERRA GOLD DRILL 77.8 METRES GRADING 1.1 G/T AU AT THE CERRO AEROPUERTO GOLD DEPOSIT, NORTHEASTERN NICARAGUACalibre Mining Corp. has provided an update as the company and Centerra Gold Inc. continue to advance the Siuna project, Borosi Concessions, Northeast Nicaragua.Centerra can earn a 70-per-cent interest in the project by investing $7-million in...Read More
Mr. Joseph Campbell reportsTERRAX ACQUIRES PTARMIGAN MINE PROPERTY ON EASTBELT, YELLOWKNIFE CITY GOLDTerrax Minerals Inc. has entered into an agreement to acquire the Ptarmigan mine property, located within its Eastbelt property at the Yellowknife City gold project.The Ptarmigan mine was a gold producer in the Yellowknife gold district from 1941 to 1942, in 1983, and from 1985 to 1997.The main Pta...Read More
With goldbeing up over 13% while the GDX was up just a paltry 7% in 2017, I stronglybelieve a major mean-reversion catch-up rally is in the process of unfolding inthe miners. Historically, the GDX would have leveraged the 13% gain in goldlast year by 2x to 3x for solid annual gains of at least 25% to 35%. But sinceinvestors were more focused on what seemed to be forever rising equity marketsand cr...Read More
Investor expectations increase for Fed rate hike in MarchRetail sales data indicate robust holiday-shopping seasonSteven Ricchiuto, of Mizuho Securities, discusses U.S. inflation unexpectedly accelerating in December.The underlying pace of U.S. inflation unexpectedly accelerated in December amid increased housing costs, reinforcing the outlook for the Federal Reserve to raise interest rates severa...Read More
The stock markets have rocketed higher since Trump's election win on hopes for big corporate tax cuts. This extreme rally has left stocks exceedingly overvalued and overbought today. A major selloff is long overdue and likely imminent. When stocks inevitably roll over and mean revert lower to rebalance away euphoric sentiment, gold is the main beneficiary. Gold investment demand soars when...Read More
Source: Clive Maund for Streetwise Reports 01/11/2018Technical analyst Clive Maund discusses why he believes a massive new sector bull market is about to begin in gold and silver.When you are following the markets closely day after day it can be easy to lose sight of the big picture. So with the "everything bubble" getting closer to bursting, leading to universal mess and mayhem, there could n...Read More
U.S. Inflation Unexpectedly Picks Up in DecemberU.S. retail sales increased in December for a fourth month, indicating strong consumer demand throughout the holiday season, according to Commerce Department figures released Friday.Highlights of Retail Sales (December)Overall sales rose 0.4% (est. 0.5%) after a revised 0.9% November gain (prev. 0.8%)Sales excluding motor-vehicle dealers also increas...Read More
The UK government aims to maintain as many of the benefits the country has enjoyed from its membership of the European Atomic Energy Community since joining the EU and Euratom in 1973 through a "close and effective association" in the future, Greg Clark, secretary of state for business, energy and industrial strategy told Parliament yesterday. The UK will exit Euratom at the same time as withdrawi...Read More
(Kitco News) - Gold pricesare moderately higher in early U.S. trading Friday, but off theovernight gains that notched a four-month high. U.S. consumer price inflationthat was a bit higher than expected helped to pull the gold market off itsovernight highs. However, gold and silver prices are being supported by aslumping U.S. dollar index and a surging Euro currency. February Comex gold waslast up...Read More