Growing uncertainty has increased the attractiveness of gold as a hedge against a market downturn. While this sees some investors bolstering their exposure to bullion or gold exchange-traded funds like the SPDR Gold Shares, one of the best ways to gain exposure is to invest in gold miners with high-quality assets. The standout intermediate gold miner is Kirkland Lake Gold (TSX:KL)(NYSE:KL), which...Read More
The Fukushima incident still looms large over the nuclear power industry, with uranium prices still nowhere near what they could be. But that could be about to change, with the general sentiment towards nuclear energy enjoying something of a renaissance.Indeed, with Bill Gates, along with other high-profile commentators, chiming in to promote nuclear power as a critical, low-cost energy source ami...Read More
Eskay Creek, formerly the world's highest-grade gold mine, may be headed for a re-start due to very promising exploration work completed by Skeena Resources (TSX.V: SKE).Eskay Creek was operated by Barrick Gold until shutting down in 2008 due to a combination of high operating costs and a low gold price. Skeena picked up the option to explore the closed mine and has been working diligently on the...Read More
Gold has failed to gain traction over the past couple months, normally a seasonally-strong time. That has really weighed on sentiment, leaving traders increasingly bearish. Gold investment demand has flagged dramatically with lofty stock markets spewing great euphoria. That's given gold-futures speculators the run of the market, where they have sold aggressively including extreme shorting. But tha...Read More
Weekly Reports |Apr 30 2019President Trump may not need all of the 90 days he has to make a decision on section 232 but there is no guarantee of a timeframe.-Uncertainty still reigns-Japan to close reactors-India to build new onesBy Greg PeelUranium market watchers are undoubtedly tired of section 232 but unfortunately uncertainty still hangs like a spectre over the market. The bottom line, after...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comApril 30, 2019 Gold stocks tend to become extraordinarily volatile during weeks that feature multiple key fear trade events. As the month of May begins, gold stocks are faced with a FOMC meeting and the US jobs report. Please click here now. Double-click to enlarge this daily gold chart....Read More
Market futures were pointing to a positive start in Toronto and London but lower on Wall Street and the S&P/ASX 200 index was lower at the time of writing.Both official and private business surveys pointed to slower Chinese factory growth this month, Reuters reported, maintaining hopes for further economic stimulus.The S&P500 had reached a fresh, record intraday high yesterday of 2,949.52...Read More
Examining diamond drill core from the Soledad Project in Peru. Source: Chakana Copper Corp.Chakana Copper Corp. [PERU-TSXV] has announced an $8 million strategic investment from Gold Fields Ltd. [GFI-NYSE, JSE] that will see the world's seventh largest gold producer taking a 16.14% interest in Chakana.Under an agreement, Gold Fields Nazca Holdings Inc., a wholly-owned indirect subsidiary of Gold F...Read More
Elon Musk is an enigmatic billionaire at best. He is a big, bold thinker who produced some incredible technology, from flamethrowers to boring machines.But his bread and butter, Tesla, Inc. (NASDAQ: TSLA), is failing.The electric car tycoon warned us that he might have a bad quarter, but the market was shocked by the size of the loss.Tesla's net loss of $4.10 per share was below the lowest estimat...Read More
By: Jordan Roy-Byrne CMT, MFTAAs we know, Gold and the US Dollar have an inverse relationship. Gold is priced in US Dollars and the drivers of each are similar (from an inverse point of view). Over long-term periods both trend in the same direction but the magnitude of the moves can vary and be quite different. The standard inverse relationship has not been a perfect one in recent months or yea...Read More
- Stewart Thomson, Graceland Updates 1. Gold stocks tend to become extraordinarily volatile during weeks that feature multiple key fear trade events.2. As the month of May begins, gold stocks are faced with a FOMC meeting and the US jobs report.3. Please click here now. Double-click to enlarge this daily gold chart. 4. Gold itself is quite stable ahead of these key eve...Read More
By: Ira EpsteinGold near resistance area, back to neutral:Read More
"Hey Marin, we don't invest in gold companies for yield. We invest in gold stocks as a hedge to the overall markets. And for leverage on the price of gold."What a bunch of nonsense.Have you ever heard the phrase, "What a gold mine!"?That common, age-old expression was actually a positive reference to having something very valuable. Notably, a gold mine that paid its owners very well by producin...Read More
"Investors" could be pardoned for wondering why IPO underwriters for Lyft and Uber have used accounting trickery that smells worse than ten-day-old fish in order to promote the deals. Is bogus too strong a word? Judge for yourself. In their prospectuses, neither firm subtracted promotional incentives and refunds from sales totals, as is customary. This allowed them to grossly overstate revenues...Read More
George Friedman (@GPFutures), founder and chairman of Geopolitical Futures, calls in to discuss global goings-on and their potential investment implications. Jim identifies a potential long-term inflection point.1:17 Germany's upside-down banking system7:29 Bad loans: A Chinese specialty9:45 What to expect 90 years out?14:28 The "Time Magazine indicator"James "Jim" Grant is an American writer and...Read More
Link to the Slides and Sources: https://www.itmtrading.com/blog/plati...Question 1. Ryne H - If the government can vote to raise property taxes for any reason, wouldn't buying real estate during the crash become a liability?Question 2. John J: Do the companies that sell contracts for gold but that don't possess the physical gold still charge customers fees to store the gold that doesn't exist?Ques...Read More
Remember when there was a conversation a couple years ago about police in America buying up armored vehicles?Continue...Read More
Venezuela made it illegal for its citizens to own guns seven years ago, leaving the real weapons solely in the hands of the army and the police. Continue...Read More
"We are developing our own policies internally. We very much want to hear what the Senate and House members, what the Democrats want to say, and we will try to react to that. Continue...Read More
The health risks of drinking water contaminants and the economic benefits of drinking water standards are typically assessed one chemical at a time, an approach that misses the Continue...Read More