Bob Moriarty ArchivesJan 28, 2019Those investors who believe the price of a commodity is going to go much higher should be looking for companies with marginal projects. If a company has a property that needs, say, $15 silver and silver is only $14, they can’t make money going into production and will be valued appropriately. But if silver goes up 10% the project moves from being uneconomical...Read More
Rainbow has been in production since late 2017, but said the extra cash from The Lind Partners was needed to keep the ramp-up going.Read More
Exploring the Pegmont lead-zinc project in Queensland, Australia. Source: Vendetta Mining Corp.Vendatta Mining Corp. [VTT-TSXV] shares were active Monday January 28 after the company announced the results an independent Preliminary Economic Assessment for its Pegmont lead-zinc project in Queensland, Australia.Vendetta is a Canadian junior exploration company, engaged in acquiring, exploring and de...Read More
Mariano Lamothe, Undersecretary of Mining Development and Undersecretary of Mining Policy of Argentina.There is no getting around the fact that Argentina faces a number of economic challenges; however, under President Mauricio Macri, in office since 2015, a number of policies have been put in place to attract foreign investment in the mining sector. This has resulted in Argentina's mining sector c...Read More
I’m back from my mini-vacation! All in all, I got to visit the following places this time around: Iloilo City, Guimaras Island, Bacolod, and Camiguin Island.It was awesome to get away from the hustle and bustle of city life (as usual), but as I mentioned in the last post, I left behind a lot of unfinished work, this time around…I really wish I had been able to wrap up the finishing tou...Read More
There is a clear and well-established hierarchy of metals.And if you've ever participated in or even seen any sport or competition, you've seen an example of this ranking system:We give bronze medals for third place, silver for second, and gold for first.Why is that?Well, in short, it's an expression of real and perceived values inherent to each of the metals, including their chemical properties,...Read More
By: Clint SiegnerTwo big questions have been front and center for Fed watchers in recent months...The first is just how high rates could go before stimulus-addicted markets would falter. The second is whether our central bankers would bow to pressure once markets faltered and politicians began calling for the Fed to resume easy money policies.Both questions now seem to have an answer.They began...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanChief Strategist, Enriched Investing Inc.Phone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.com "There is nothing wrong with cash. It gives you time to think." Robert Prechter, Jr., Elliott Wave theorist, b. 1949 "Buy when you are scared to death; Sell when you are tickled to death." Market Maxim (Cabot Market Lett...Read More
Jan. 25th, 2019(S14-E680)Featured GuestsCEO Paul Snow &Bill MurphyPlease Listen HereShow HighlightsBill Murphy of GATA.org returns to the show with fresh insights on the PMs sector.Palladium is key precious metal in the auto manufacturing sector used primarily for emissions reduction in gas engines.China and other BRICS nations are stockpiling the metal amid a global shortage.The price of Pall...Read More
StrengthsIn what has been a rather rare occurrence, silver was the best performing metal this week, up 2.64 percent despite a steady trickle of silver out of the physical metal ETFs on a near daily basis. Gold traders are bullish for an 11th straight week, as surveyed by Bloomberg, on the heels of a declining dollar and speculation of a U.S.-China trade war standoff. Gold briefly rose 1 percent...Read More
By: Daniel R. Amerman, CFAMany people view the seven years of zero percent interest rates experienced in the United States between 2008 and 2015 as being safely in the past, with normal times having returned.As explored in this analysis, so long as the business cycle of expansions and recessions has not been repealed - then we are highly likely to see a swift return to a potentially protracted b...Read More
By: Keith Weiner, Monetary MetalsNewly elected Representative Alexandria Ocasio-Cortez recently said that Modern Monetary Theory (MMT) absolutely needed to be "a larger part of our conversation." Her comment shines a spotlight on MMT. So what is it? According to Wikipedia, it is:"a macroeconomic theory that describes the currency as a public monopoly and unemployment as the evidence that a...Read More
Gold took wing Friday, energized by weakness in the dollar. The $23 upthrust stalled almost exactly at the 1302.90 Hidden Pivot midpoint resistance shown, validating both the bullish pattern and a 1330.40 target we've been using for the last week or so. (Note: These numbers differ slightly from the ones given here earlier because the pattern's point 'C' low changed.) The 1330.40 'D' pivot wil...Read More
By: Avi Gilburt, ElliottWaveTrader.netThere is an old adage in the market which says that "everyone is a genius in a bull market." What that really means is that as long as you keep looking to the long side in a bull market, you will be seen as a genius.But, remember, one of the main perquisites for maintaining "genius" status is that we must be in a "bull market." So, how do you know when a bul...Read More
By: Gary TanashianFed Doves Take Flight (But We Are Not in Kansas Anymore)Wise guys trading Fed Funds futures see no more rate hikes in 2019, and a few even imagine a rate cut before year-end. Here are the projections for the next 3 meetings, showing an overwhelming view that the Fed will hold the current 225-250 target rate. Graphics: CME GroupAmong other misconceptions promoted in the media...Read More
US-China trade war result, FOMC and January nonfarm payrolls will be closely watched. Gold and silver demand will be dependent on the ability/inability to trade over $1300 and $1560. A big week for gold and silver bulls. FOMC meet will be scanned for the timing of the next interest rate hike. Markets do not expect any interest rate hike this year. FOMC or Nonfarm payrolls either of them indica...Read More
Harley Schlanger's work can be found at LaRouchePAC.com.Read More
The news cycle - and Congress - remains obsessed with the "will he" or "won't he" get funding for the wall. It's classic obfuscation on an issue of little immediate importance beyond raw politics. Meanwhile, from Venezuela to Syria to NATO, there is little or no debate at all...why?Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the au...Read More
QUESTION: Mr. Armstrong; I have been reading your blog for years now. It is obvious that you are well connected behind the curtain. It did not take but perhaps a day or two after you explain the difference between wealth and income to suddenly see Elizabeth Warren adopting the position to impose a wealth tax of two percent on people with assets of 50 million or more. Will this not cause the rich...Read More
"In advance of the European Parliament election, in late March we will launch additional tools in the EU to help prevent foreign interference and make political and issue Continue...Read More