When investors think of investing in gold they think of bullion, large established gold miners and precious metals streamers. While many of these can be worthwhile means of bolstering exposure to the yellow metal, it is the smaller junior miners and explorers that offer the potential to obtain outsized returns. Since the start of 2019, junior miner Lundin Gold Inc. (TSX:LUG) has soared by 17%. Reg...Read More
On January 31st, Amazon reported an expected "beat" for Q4 revenue and net income. After the headline report hit the tape, the stock soared $59 to $1777 from the closing price ($1718) minutes earlier. But then the stock began plunging. It closed the after-hours session at $1635, down $142 from the earnings headline spike and down $83 from the NYSE close. The Company guided Q1 revenues down below t...Read More
The exploration company handed over the keys to Red Rock Resources chairman Andrew Bell and investor Paul Johnson.Read More
You might remember this scene from the 1967 comedy-drama classic The Graduate:Mr. McGuire: I want to say one word to you. Just one word.Benjamin: Yes, sir.Mr. McGuire: Are you listening?Benjamin: Yes, I am.Mr. McGuire: Plastics.The first plastics were invented over 100 years ago. But it wasn't until WWII that plastics really became an important part of society.Up until that point, fabricators didn...Read More
Anaconda Mining Inc. (TSX: ANX, OTCQX: ANXGF) is a growing gold producer in Atlantic Canada. Anaconda Mining operates the Point Rousse Project, located in the Baie Verte Mining District in Newfoundland, and is also developing the Goldboro Gold Project in Nova Scotia, a high-grade Mineral Resource, subject to a 2018 preliminary economic assessment, which demonstrates strong project economics. We le...Read More
Murchison Minerals Ltd. (TSXV: MUR) is a Canadian based exploration company, focused on the exploration and development of the 100% owned Brabant-McKenzie zinc-copper project, located in north-central Saskatchewan, right next to the highway, an existing village, and power lines. We learned from Jean-Charles (JC) Potvin, President and CEO of Murchison Minerals, that they have just recently tripled...Read More
By: Clive MaundGold has been turned back so many times in recent years from the strong resistance approaching the $1400 level, that most investors have now been well trained, like Pavlov's dog, to expect it like clockwork, and as we know, it is just when this mindset prevails that gold is likely to surprise the majority by actually breaking out above this level.Looking at our latest 10-year char...Read More
Modern Monetary MadnessPet Economists Can This Really Be a Thing?Sound Bite EconomicsDo Deficits Matter?Strategic Investment and Life PlanningDallas, Houston, Cleveland a lot, New York, back to Puerto Rico, Austin, and DallasMore than 10 years ago some Australian readers begin regaling me with the ideas of economist Bill Mitchell of the University of Newcastle in New South Wales. He was teachi...Read More
The trend over the next four weeks in gold and silver could be the trend for the rest of the year. In Asia, local currency price moves will be a far bigger factor (than gold in US dollar) over other themes. Winner will be the ones who are correctly able to determine to trend of the local currency trend. It is not easy to determine the long term trend of Indian rupee as we have an election. India...Read More
Gold has been looking much brighter lately, but is it ready to shine? The declining global financial system has made many of us believe that gold would keep going up and up. But we've been wrong for years. Precious metals markets have been in a pronounced secular bear market, with lower lows and lower highs. Until now, perhaps. The key technical resistance point is $1350-$1363 per ounce. If it bre...Read More
The top silver expert joins Silver Doctors and shares his forecast for precious metal prices in 2019. Gold broke through $1300 late January. "Gold's got to lead silver." Once we get above $1350 gold, silver will accelerate, he says.For 2019, Morgan expects gold will not get above $1450. He sees the gold/silver ratio falling to 74/1, putting silver up to $18 or $19.Morgan says some junior silver mi...Read More
They say a picture is worth a thousand words - and that goes double for the works of war photographers. Is there catharsis to be found in the tragedy captured by a camera lens? We asked Zoriah Miller, who has documented the wars in Iraq, Afghanistan, Gaza, and many other places.Read More
The past five years have been baffling for gold bugs. In an environment of massive central bank money creation, rising government deficits and a populist takeover of many countries' political Continue...Read More
2018 is over and now the effects of the new tax law are starting to be take hold. Clearly the upper middle class and working rich have taken a major hit, especially those in high-tax states. While there were some benefits spread around, the loss of the State and Local Tax Deduction has cost select groups billions. This is leading to an exodus from these states to lower tax ones. You need only resi...Read More
In a fitting legacy for my friend Walter Jones, Jr. who passed away last week, the US House made history by voting in favor of H.J.Res. 37, a resolution "Directing the removal of United States Armed Forces from hostilities in the Republic of Yemen that have not been authorized by Congress." As George O'Neill wrote in the American Conservative magazine this week, the historic 248-177 victory for a...Read More
Gold grinded higher on Monday, rising towards its best level since April Continue...Read More
Technical analyst Clive Maund charts silver and finds it is still quite a long way from breaking out of its base pattern. The charts for silver look nowhere near as strong as those for gold, but that is normal for this stage in the cycle, as at the start of major sector bull markets investors tend to be cautious and conservative and favor gold over silver. Before going any further note that many...Read More
Technical analyst Clive Maund charts gold and explains why he believes it is preparing to break above the key $1,400 level. Gold has been turned back so many times in recent years from the strong resistance approaching the $1,400 level, that most investors have now been well trained, like Pavlov's dog, to expect it like clockwork, and as we know, it is just when this mindset prevails that gold is...Read More
A BMO Capital Markets report reviewed Q4/18 numbers, 2019 guidance and possible near-term catalysts. In a Feb. 13 research note, BMO Capital Markets Andrew Kaip reported that strong production and sales led Kinross Gold Corp. (K:TSX; KGC:NYSE) to achieve an earnings beat in Q4/18. Kaip presented Kinross' Q4/18 results and 2019 projections and indicated how they compare to BMO's estimates.The com...Read More