There is good reason for investors to be cautious with economic headwinds building up in the latter half of 2018 and the beginning of 2019. The market has responded well to anxiety early this year, but the domestic and global economy is facing major challenges. Canadian growth is projected to slip below 2% this year and next.Of course, risk is always present in the market. Investors hoping to prof...Read More
Sometimes I'll hear investors lament how expensive stock markets are, which usually ends with them being content to stay in cash until better opportunities arise. Unfortunately, many of these same investors will continue to hold during downturns, saying an even better chance to buy is just around the corner.This is a terrible argument for a few different reasons. Dollar-cost averaging over the lon...Read More
Gold stocks' young upleg is gathering steam, marching steadily to higher lows and higher highs. These bullish technicals are gradually improving sentiment, fueling mounting interest in this contrarian sector. That's helping the gold stocks regain lost ground relative to gold, the driver of their profits. Fundamentals are growing more favorable as gold itself powers higher. All this portend...Read More
Bob Moriarty ArchivesFeb 11, 2019I talked about Benchmarkback in October of 2018. Even though gold and silver have done well since then, the juniors still suck. BNCH was $.25 then and $.185 now. I don’t expect that to continue for long if they keep delivering outstanding drill results as they just have from the Lawyers project in the heart of British Columbia.For some reason investors tend t...Read More
The Choco Precious Metal Project in Colombia. Source Max Resource Corp.Max Resource Corp. [MXR-TSXV; MAXROF-OTC; M1D1-FSE] advanced in active trading Monday February 11 after the company said it had received conditional approval form the TSX Venture Exchange to acquire additional mineral rights in Colombia.Max is a Canadian exploration company with a focus on exploration of mineral assets in Colom...Read More
Madsen headframe, mill, tailings facility and mine village mine village located 16 km west of Red Lake, Ontario. Source: Pure Gold Mining Inc.Pure Gold Mining Inc. [PGM-TSXV; LRTNF-OTC] on Monday February 11 announced the results of a positive feasibility study for its 100%-owned Madsen-Red Lake project in northwestern Ontario.The feasibility study sees Madsen-Red Lake as an 800 tonne-per-day, hig...Read More
Cannabis stocks got hammered today, as investors began to prepare for what many believe with be less-than-stellar results for a number of major cannabis companies, including Canopy Growth Corporation (NYSE: CGC), Aurora Cannabis (NYSE: ACB), and Tilray (NASDAQ: TLRY).Another cannabis player scheduled to post earnings this week is Supreme Cannabis (TSX: FIRE). I'm paying particularly close attentio...Read More
What is the Green New Deal? And how will it affect energy investors?Last week, rising liberal star Alexandria Ocasio-Cortez submitted a House resolution calling for a series of public work projects, programs, financial reforms, and regulations specifically aimed at addressing climate change.Right now, this resolution is the most official version of what's being called the Green New Deal.Leading up...Read More
Forecasts, Commentary & Analysis on the Economy and Precious MetalsCelebrating our 46th year in the gold business"Who on earth, or in global finance, will buy this looming mountain of Treasuries?""Investment in gold now is insurance. It's not for short-term gain, but for long-term protection. I view gold as the primary global currency. It is the only currency, along with silver, that does not re...Read More
StrengthsThe best performing metal this week was palladium, up 3.63 percent as hedge funds boosted the net-long position to the most bullish in five weeks, CFTC data showed for early January. Gold traders and analysts remain bullish on the yellow metal for the 13th straight week, even as gold fell on a stronger dollar and weaker demand from Asia during Lunar New Year, according to the weekly Blo...Read More
By: Keith Weiner, Monetary MetalsLast week, in part I of this essay, we discussed why a central planner cannot know the right interest rate. Central planner's macroeconomic aggregate measures like GDP are blind to the problem of capital consumption, including especially capital consumption caused by the central plan itself. GDP has an intrinsic bias towards consumption, and makes no distincti...Read More
The rally that powered stocks to record January gains went flat last week, but for a bullish reason: sustainability. DaBoyz are in no rush to foster the illusion that new record highs are possible. Accordingly, they have adopted a go-slow approach that the news media and investors can literally buy into. Keep in mind that if the Masters of the Universe are very successful in keeping this decepti...Read More
Much like the soldier during the Vietnam War who notably quipped - We had to kill the village to save it, Paul Krugman probably believes that we need to kill the economy before it can be saved. He should be thrilled with the Trump Admin's debt on steroids policy. After all Krugman was always saying the answer to what ails the economy is debt and more debt. Predictably Krugman is calling for a rece...Read More
Axel Merk is the Founder, President, Portfolio Manager, and CIO at Merk Investments LLC. He is an expert on qualitative research and macroeconomic trends. Mr. Merk is also an expert on macro trends, hard money, international investing, and on building sustainable wealth, and he is a pioneer in the use of strategic currency investing to seek diversification. He is a speaker and author on topics ran...Read More
The State of the Union isn't as great as some would have you believe. Interest payments have hit $400 billion per year. Trump taking ownership of the economy is a mistake because it could come tumbling down at any time. Daniel believes the Dems are too self-interested in their own power and have given up any semblance of caring for the people. Identity politics and slash and burn is what they're a...Read More
President Trump is expected to sign an executive order on Monday launching the American Artificial Intelligence (AI) initiative which outlines "bold, decisive actions to ensure that AI continues to be fueled by American ingenuity, reflects American values and is applied for the benefit of the American people." But is this initiative good the nation or for individuals around the world?Read More
Jason talks about the Fed debating if balance sheet should be a regular tool.Read More
It's official, they're voting with their feet! Upon passage of the new tax law, FSN foresaw a human exodus from high tax to low tax states. The left wants you to believe thatContinue...Read More
The crisis brewing here is monumental and it will tear the European Union apart at the seams. There is this crisis that because the Euro was NEVER designed properlyContinue...Read More
Last week's bipartisan Senate vote to rebuke President Trump for his decision to remove troops from Syria and Afghanistan unfortunately tells us a lot about what is wrong with Washington, DC. While the two parties loudly bicker about minor issues, when it comes to matters like endless wars overseas they enthusiastically join together. With few exceptions, Republicans and Democrats lined up to admo...Read More