The gold miners' stocks have slumped in January, tilting sentiment back to bearish. This sector's strong December upward momentum was checked by gold's own upleg stalling out. Gold investment demand growth slowed on the blistering stock-market rally. But uplegs always flow and ebb, and this young gold-stock upleg merely paused. The gold miners' gains will likely resume soon, rekindling bul...Read More
Weekly Reports |Jan 29 2019Utility interest is building in the uranium market both for term deliveries and spot market purchases.-US nuclear generation set to decline-Kazakhstan cuts production and exports-Spot price moving upBy Greg PeelThe US Energy Administration last week published its 2019 Annual Energy Outlook, which projects US energy markets through to 2050. The report suggests the US will...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJan 29, 2019 The magnificent gold price rally has paused in the $1300 area for the past few weeks.Monday was COMEX option expiry day. With that now out of the way, gold is already staging more upside action! Please click here now. Double-click to enlarge this daily gold chart.A bullish ups...Read More
Vast's 2019 plans were thrown into disarray this month when Mercuria Energy Trading pulled a long-awaited US$5.5 million prepayment financing.Read More
The provisional value was down from the final sales cycles of 2018, which saw global sightholder and auction sales total $544 million, the highest level since the mid-year fifth cycle value of $581 million.It also compared to $672 million in the first sales cycle of 2018, $729 million in the first cycle of 2017 and $545 million in the first cycle of 2016.CEO Bruce Cleaver cited higher than normal...Read More
Drilling the Cangrejos gold-copper project in southwest Ecuador. Source: Lumina Gold Corp.Lumina Gold Corp. [LUM-TSXV, LMGDF-OTCQX] said Tuesday January 29 that drilling at its 100%-owned Cangrejos gold-copper project in southwest Ecuador has resulted in the discovery of a second deposit.The existence of the Gran Bestia deposit was confirmed in the most recent results from a 2018 drilling program...Read More
Construction Photos from the Buritic?? Project Source: Continental GoldContinental Gold Inc. [CNL-TSX; CGOF-OTCQX] shares rallied Tuesday January 29 as investors reacted to a project update for the company's Buritica gold mine in Colombia.Continental shares jumped 20.6% to $2.17 on volume of over 3.0 million. The shares trade in a 52-week range of $1.76 and $4.01.A 19.9%-owned affiliate of Newmont...Read More
I haven't been this popular since I lived slope-side at a ski resort in Colorado. Despite the fact that I was a ski bum living in a studio apartment, Navy, high school, and college buddies traveled great distances to stay with me.Back then, I had dreams of making a living with Warren Miller. Today, my popularity has to do with puppies. I'm at that age where my offspring are seeking fulfillment in...Read More
By: David SmithTwo years ago at a conference during which I both presented and attended, a Keynote speaker, "Rich Dad" Robert Kiyosaki, introduced me to a different way of looking at things. He posed the question, "How many sides does a coin have?"The correct answer is "three." The front (obverse), back (reverse) and... the edge!When you think about it, this makes sense. From this angle - uncomm...Read More
Graceland UpdatesBy: Stewart Thomson 1. The magnificent gold price rally has paused in the $1300 area for the past few weeks. Monday was COMEX option expiry day. 2. With that now out of the way, gold is already staging more upside action!3. Please click here now. Double-click to enlarge this daily gold chart. A bullish upside channel breakout is in play and the consolidat...Read More
COLORADO SPRINGS, CO, Jan. 28, 2019 -- Gold Resource Corporation (NYSE American: GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for January 2019 payable on February 25, 2019 to shareholders of record as of February 11, 2019. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nev...Read More
By George Smith"... if the journalistic credos of speaking truth to power, comforting the afflicted, and afflicting the comfortable have a godhead, that would have to be Paine, whose writing was so provocative and so uncompromising that he faced the gibbet and the blade everywhere he published in England, and in France, and in the United Colonies." Craig NelsonThomas Pain (later changed to Pa...Read More
Venezuela is nearing to be another Iran or Libya as it is trying to switch away from US dollar to other currencies on its crude oil and other natural resources. There will be a regime change in Venezuela soon. Russia and China will not be able to stop a regime change in Venezuela. UK has declined to give Venezuela its gold. The message is clear, US and UK will not give gold to nations have given...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
"We're aware of this issue and we have identified a fix that will be released in a software update later this week."Continue...Read More
With $60B-$80B in potential claims against PG&E in their Chapter 11 filing why isn't anybody talking about the $600B-$800B in notional DERIVATIVES that were just triggered? Who's the BIG LOSER?Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has...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
"It'll be substantially smaller than it is now...but nowhere near where it was before,"Continue...Read More
Gold is holding above $1,300 an ounce, trading near a seven month high Continue...Read More