The Critical Investor looks at MineHub, the blockchain initiative started by Kutcho Copper's CEO Vince Sorace, that has just announced major consortium partners. Kutcho Project1. IntroductionAfter a year of preparations, Kutcho Copper Corp.'s (KC:TSX.V) CEO Vince Sorace was finally ready to finalize the paperwork and disclose the names of the consortium partners for the MineHub blockchain initiat...Read More
A free tool can help traders bank big during the upcoming earnings season.Too many investors let their portfolios slip during the busy holiday season, but this is a huge mistake... especially with the market moving events just around the corner!With the crazy market action investors have been seeing lately, right now is the time to prepare to bank big wins.It's important for investors to position...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
Feb. 1st, 2019(S14-E681)Featured GuestsBill Murphy &Arch CrawfordPlease Listen HereShow HighlightsFormer NFL player Bill Murphy of GATA.org returns as fans prepare for NFL Super Bowl LIII with Tom Brady and Bill B. seeking yet another championship.The show kicks off with the current theme of mergers in the gold-mining industry suggesting further industry acquisitions in small gold-miners.Su...Read More
By: RambusBelow is a weekly chart for the GDX we've been following for a long time watching the two and a half year falling wedge completing about 8 weeks ago when we finally got the breakout. The backtest to the top rail took about seven weeks to complete with this weeks price action possibly beginning the impulse move higher. To be honest I still can't rule out another backtest to the top rail...Read More
By: Ira EpsteinMetals look ready to start consolidation of recent rally:Read More
Feb. 1st, 2019(S14-E681)Featured GuestsBill Murphy &Arch CrawfordPlease Listen HereShow HighlightsFormer NFL player Bill Murphy of GATA.org returns as fans prepare for NFL Super Bowl LIII with Tom Brady and Bill B. seeking yet another championship.The show kicks off with the current theme of mergers in the gold-mining industry suggesting further industry acquisitions in small gold-miners.Su...Read More
By: RambusBelow is a weekly chart for the GDX we've been following for a long time watching the two and a half year falling wedge completing about 8 weeks ago when we finally got the breakout. The backtest to the top rail took about seven weeks to complete with this weeks price action possibly beginning the impulse move higher. To be honest I still can't rule out another backtest to the top rail...Read More
By: Richard (Rick) Mills Venezuela is reaching for its last card as the deck collapses on President Nicolas Maduro's failed regime. The country is selling its gold in order to provide liquidity for imports of basic goods.ou know your regime's days are numbered when you start eyeing your bullion. Indeed gold's status as store of value, as money, the only currency available when yours is wort...Read More
By: Ira EpsteinMetals look ready to start consolidation of recent rally:Read More
Dear Friend of GATA and Gold:GATA consultant Robert Lambourne's report yesterday about the gold trading signified by the December financial statement of the Bank for International Settlements speculated that the bank's use of gold swaps might mean to recover gold for central banks that are inconveniently short in their official reserves:http://www.gata.org/node/18825In response to Lambourne's an...Read More
By: Robert LambourneSaturday, February 2, 2019Disclosures in the recent monthly statements of account published by the Bank for International Settlements show that the bank is still actively trading in gold swaps, which the bank uses to gain access to gold held by commercial banks.There is not enough information in the monthly reports to calculate the exact amount of swaps. But based on December...Read More
All Models Are Wrong, but Some Are UsefulStarting Valuation MattersEmpty QuarterFun with Forecasting: Choosing Your Time PeriodsLate in the CycleRemoving EmotionsCan It Get Any Better Than This?Puerto Rico, Dallas, Cleveland, Cleveland, Cleveland, and ???"Plans are worthless, but planning is everything." US President Dwight D. EisenhowerThere are many versions of that Eisenhower quote he learn...Read More
Billet prices increased last week in the Commonwealth of Independent States (CIS), Turkey, Southeast Asia and most other regions due to rising scrap costs.Fastmarkets' daily ferrous scrap index of North Europe-origin HMS 1&2 (80:20) was $297.39 per tonne cfr Turkey on Friday February 1 compared with $288.01 per tonne cfr on January 25.The increase was mostly due to tight supply in Turkey.Iron ore...Read More
Here are five Fastmarkets MB stories you might have missed on Friday February 1 that are worth another look.Courts in Brazil have ruled that up to 12.6 billion Reais ($3.44 billion) of Vale's assets and resources will be frozen after the rupture of a tailings dam at Vale's C??rrego do Feij??o iron ore mine, the miner stated on Friday February 1. Market participants will take a cautious stance...Read More
Gold futures declined Friday, following a key reading of U.S. jobs that came in better than expected and data that revealed a monthly rebound in the ISM manufacturing index. However, prices for the yellow metal still tallied a second weekly climb in a row after the Federal Reserve hinted at a pause in interest-rate hikes and amid ongoing support from various geopolitical issues, including uncertai...Read More
The world hasn't gone Mad Max, yet, so here's a must-see debate that's not quite the Thunder Dome, but no less intense. Two men enter, one man succeeds...David Morgan and Louis Cammarosano debate silver Moderated by Philip Kennedy on Kennedy FinancialDavid Morgan of The Morgan Report will be debating Louis Cammarosano of Smaugld on the merits of silver as a monetary metal! LIVE on KF! Take the twi...Read More
Irish researchers found a way to treat osteomyelitis, a particularly difficult-to-treat bone infection, using copper.In a paper published in the journal Biomaterials, the scientists explain that the method they are using to treat the infection involves an implant designed specifically for bone repair into which they incorporate copper particles and bioactive glass.The study's first author Emily Ry...Read More
The outlook for Rio Tinto, the world's second largest miner by market capitalisation, is positive over the coming years, according to a new report by Fitch Solutions. Rio has the expertise and capital to develop the most lucrative and largest mines in the world, and the miner has achieved higher profits year-over-year in H118, despite cost inflation.Rio Tinto's performance will continue improving...Read More
January's copper price rally came to a screeching halt on Friday after a key gauge showed Chinese factory output shrinking at the fastest pace in almost three years.Copper for delivery in March slumped 3% compared to Thursday's close to a low of $2.7535 per pound ($6,070 a tonne) on the Comex market in New York.Source: Thomson Reuters Datastream. Graphic adapted from original by Vincent Flasseur a...Read More