Weekly Reports |Mar 05 2019The US section 232 investigation is curtailing demand in the uranium market and leading to price consolidation.-Section 232 slows activity in US uranium market-Sellers becoming anxious-Paladin Energy looks to a restartBy Greg PeelUncertainty surrounding section 232 has "frozen" the US uranium market, noted Cameco CEO Tim Gitzel at least week's Global Metals & Mining Conf...Read More
Bob Moriarty ArchivesMar 5, 2019I did an interview with Goldfinger of Energy and Gold on February 19th. He posted it on the 21st of February. In it we said:Goldfinger: Ok now I’m going to ask you a couple of tough questions since we’re talking about how important cycles are in the resource sector. Are we in a bull market or a bear market right now in the precious metals and junior mini...Read More
The best I can figure is that some very liberal, trust-fund Phd Sociologist professors at Bennington hooked with a group of radical Public Policy students from Harvard somewhere in a cabin in Vermont and did a group analysis of John Maynard Keynes' "The General Theory of Employment, Interest and Money" after ingesting copious quantities of LSD. From out of that drug-addled assemblage, MMT sprung t...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comMarch 5, 2019The US stock market and bullion swooned yesterday, but the GDX gold stocks ETF was up! Gold stocks continue to perform impressively.Rallies look impulsive and corrections feel solid. Please click here now. Double-click to enlarge this daily gold chart.Gold has pulled back by a...Read More
Vale's New York-listed shares closed up 0.24% yesterday, however, but were 1.6% lower after hours.Authorities had pushed for certain Vale dismissals on Friday. More than 300 people are dead or still missing since Vale's Feijão dam burst on January 26.Meanwhile, the benchmark S&P/ASX200 was lower this afternoon after global market indices were mixed yesterday.The gold price has tumbled b...Read More
The provisional value from global sightholder and auction sales was down from $500 million in the first cycle of the year and also lower than the second cycle of 2018's $563 million.It was also the lowest value since the ninth cycle of 2018 when $442 million worth of rough stones were sold.CEO Bruce Cleaver said while overall demand for lower value rough diamonds had remained subdued, the company...Read More
The Zaldivar copper mine in Chile. Source: Barrick Gold Corp.After a week of verbal sparring over a proposed merger, the ceos of Barrick Gold Corp. [ABX-TSX, NYSE] and Newmont Mining Corp. [NEM-NYSE]were set to meet in New York late Tuesday. Newmont CEO Gary Goldberg told Bloomberg News that he won't be discussing Barrick's bid for his company, but rather Newmont's proposal for a joint venture aro...Read More
Drilling operations at Newrange Gold's Pamlico Project in western Nevada. Source: Newrange Gold Corp.Newrange Gold Corp. [NRG-TSXV] Chairman Bob Carrington said Monday the company hopes to announce a resource estimate this year for its flagship Pamlico gold project in Nevada. Carrington spoke to Resource World Magazine while attending the Prospectors and Developers Association of Canada (PDAC...Read More
Tesla bears, shorts, and haters are peculiar types.Like cowardly cockroaches, they tend to stay hidden, only coming out to feast when its convenient.When Tesla first went public in 2010, I was warned not to buy the stock."Electric cars are a joke," they said."Elon Musk is a scam artist," they screamed.""Short the shit of this thing," they bellowed into the wind.But I ignored them, and in defiance...Read More
Croesus was the king of Lydia in what is today's Turkey. He was the first sovereign to mint gold coins and spawned the saying: "As rich as Croesus."In 560 BC, he asked the Oracle of Delphi if he should make war on his rivals, the Persians.The Oracle replied that if Croesus made war on the Persians, he would destroy a mighty empire. With this seemingly positive prophesy, Croesus aligned with Sparta...Read More
COT SPECIAL PUBLICATION SCHEDULE Reminder -- Due to the U.S. Government Shutdown (February 1 Announcement) The last COT report was published on December 21, 2018. Reports going forward from that date will be published in chronological order beginning with the report previously scheduled for release on Friday, December 28, 2018 (based on data from Monday, December 24, 2018). The CFTC publ...Read More
By: IRA EPSTEINDaily Gold Chart in a freefall, overdone on the short-term. Gold in the $1,270's looks interesting.Read More
Dear Friend of GATA and Gold:Proceedings in the federal class-action anti-trust lawsuit against JPMorganChase charging the investment bank with manipulating the gold and silver futures markets --http://www.gata.org/node/18844-- have been suspended for three months at the request of the U.S. Justice Department, just as the department has arranged suspension of proceedings in the class-action anti...Read More
Monday's vicious shakedown was poetry in motion. An hour into the session, stocks were falling so hard that you might have thought the world was about to end. Far from it, as suckers who sold into the avalanche were soon to discover. DaBoyz had laid the groundwork for Monday morning's crime spree by goosing shorts the night before. This caused the E-Minis to gap 13 points above last week's highs...Read More
Global economy is slowing. China has lowered its economic growth forecast and also announced a major tax cut. Chinese economy is expected to see a slowest growth in the past three decades. Industrial metals may have formed a short term top. Long term bullishness in selected industrial metals (including silver) is intact. Technically gold needs to trade over $1260 till 11th March to be in short...Read More
Max continues his interview with Richard Field, Author of Transparency Games: How Bankers Rig the World of Finance, about financial transparency and derivatives.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser inv...Read More
Viewing free porn in Britain is about to get a lot harder and less private due to new rules that aim to protect children from online smut.Continue...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
The Fed is the mortal enemy of the young generations, and thus of the nation itself. "The wealth effect" generated by rising stock and housing prices has long been a core goal Continue...Read More
Link to the Slides and Sources: https://www.itmtrading.com/blog/defla...Question 1. Bobbi B: I agree that hyperinflation in America is inevitable, but many economists say that serious deflation is coming first. I understand that deflation means loss of jobs, decline in available credit and production screeching to a halt, but wouldn't hyperinflation be much worse?Question 2. Bonita M: - In the glo...Read More