Recent News

Pasinex retracts zine mine technical report

December 07, 2018 / resourceworld.com

The 670 metre adit at the Pinargozu zinc mine in Turkey, Source: Pasinex Resources Ltd.Pasinex Resources Ltd. [PSE-CSE; PNX-FSE] said Friday December 7 that it has retracted a technical report for its Pinargozu zinc mine in Turkey following a review by the British Columbia Securities Commission (BCSC).The company said it has been advised by the BCSC that the December 20, 2017 technical report does...Read More

Sun Metals raising $5 million for B.C. exploration

December 07, 2018 / resourceworld.com

Diamond Drill Hole 18-SD - 421-545 metres showing chalcopyrite (copper) mineralization from the Stardust Project. Source: Sun Metals Corp.Sun Metals Corp. [SUNM-TSXV] said Friday DEcemver 7 that it is raising $5.16 million by way of a private placement to fund exploration at the Stardust polymetallic project in British Columbia.The company said it has struck a deal with PearTree Securities Inc., w...Read More

Markets in Trouble, Gold Rising

December 07, 2018 / www.energyandcapital.com

Markets around the world extended their losses this morning as trade tensions between the United States and China flare up.Just two weeks ago, the Federal Reserve warned that trade disputes and geopolitical uncertainty could result in a "particularly large" drop in the stock market.In the Fed's first-ever Financial Stability Report, the agency said:An escalation in trade tensions, geopolitical unc...Read More

Leagold Mining (TSX: LMC, OTCQX: LMCNF): Mid-Tier Latin America Gold Producer, Four Gold Mines and Two Development Projects in Mexico and Brazil; Interview with Meghan Brown, Vice President of Investor Relations

December 07, 2018 / www.metalsnews.com

Leagold Mining (TSX: LMC, OTCQX: LMCNF) is a mid-tier gold producer, with a focus on Latin America. Leagold owns four gold mines and two development projects in Mexico and Brazil. We learned from Meghan Brown, Vice President of Investor Relations at Leagold Mining, that their four mines, in total, produced 93,000 ounces of gold in the third quarter for revenue of $111 million and net income of $15...Read More

Gran Colombia Gold Corp. (TSX: GCM): Largest Underground Gold and Silver Producer in Colombia, Improved Balance Sheet, Reduced Debt, and Increased Cash Balance; Interview with Mike Davies, CFO

December 07, 2018 / www.metalsnews.com

Gran Colombia Gold Corp. (TSX: GCM) is currently the largest underground gold and silver producer in Colombia, with several underground mines in operation at its Segovia and Marmato properties. The company's 2018 gold production is expected to surpass 210,000 ounces. We learned from Mike Davies, the CFO of Gran Colombia, that the high grade Segovia operations were recognized as one of the top five...Read More

Gold Seeker Weekly Wrap-Up: Gold and Silver Gain Over 2% and 3% on the Week While Stocks Drop Nearly 5%

December 07, 2018 / news.goldseek.com

 CloseGain/LossOn WeekGold $1248.40+$10.10+2.19%Silver$14.63+$0.25+3.25%XAU67.94+2.40%+5.40%HUI153.93+2.58%+6.13%GDM560.05+2.34%+5.32%JSE Gold1201.13-0.09+9.31%USD96.60-0.14-0.61%Euro114.10+0.24+0.80%Yen88.80+0.01+0.67%Oil$52.61+$1.12+3.30%10-Year2.856%-0.031-4.86%Bond143.90625+0.34375+2.27%Dow24388.95-2.24%-4.50%Nasdaq6969.25-3.05%-4.93%S&P2633.08-2.33%-4.60%  The Metals: ...Read More

Gold Stocks Acting as They Should During Market Stress

December 07, 2018 / news.goldseek.com

By Gary TanashianThe macro has moved through a time of moderately rising inflationary concerns when economies were cycling up, many commodities were firm and risk was 'on'. Contrary to the views of inflation-oriented gold bugs, that was not the time to buy gold stocks.As I have belabored again and again, the right time is when the inflation view is on the outs, gold is rising vs. stock markets,...Read More

Gold Still Looking for Direction

December 07, 2018 / news.goldseek.com

By David Brady, CFAUntil the arrest of Huawei's CFO in Canada at the request of the U.S., I was becoming more neutral to bullish on Gold. The G20 meeting was a complete waste of time in that nothing really changed. There was no agreement on the substantive issues, and certainly not in writing. However, the Chinese followed up the meeting by confirming the 90-day deadline to meet commitments they...Read More

Is an Inverted Yield Curve Bullish for Gold?

December 07, 2018 / news.goldseek.com

By Jordan Roy-Byrne CMT, MFTA In recent days we've seen the beginnings of an inversion in the yield curve. The 2-year yield and the 5-year yield have inverted but not yet the the 2-year yield and the 10-year yield, the curve that is watched most. However, "2s and 10s" as bond traders would say appear headed for an inversion very soon. We know that an inversion of the yield curve precedes a r...Read More

Stock Selloff Boosting Gold

December 07, 2018 / news.goldseek.com

The recent stock-market selloff is persisting, fueling mounting worries among investors. The intensifying volatility and lack of a quick rebound higher is strangling euphoric sentiment, spawning self-reinforcing selling pressure. Scoffed at a few months ago, the notions that a young bear market is underway and a recession looms are gaining traction. The great beneficiary of this ominous st...Read More

Is Bitcoin Dead?

December 07, 2018 / news.goldseek.com

By Marin KatusaI've been a professional speculator in the resource industry for almost two decades now.One year ago, I wrote a cautionary article on the cryptocurrency sector. I got more hate mail in my inbox that week than I had for any other article, "You're a moron", "This is the future" "You're crazy" etc...At the January 2018 VRIC, which is cohosted by Katusa Research and Cambridge House, I...Read More

Why We're Ungovernable, Part 17: In Latin America, Soaring Population + Soaring Debt = "Brutal Justice"

December 07, 2018 / news.goldseek.com

There are two ways of looking at the intersection of debt and population. One way says that if debt is rising population should also rise to allow future workers to pay for the retirement of today's. More people thus make debt easier to manage. The other point of view is that debt and population soaring simultaneously creates a negative feedback loop that eventually destroys a culture. Today's L...Read More

Will Weak Dollar Save Gold?

December 07, 2018 / news.goldseek.com

Trade wars and lax fiscal policy are negative for the US dollar and positive for gold. Myth or fact? We invite you to read our today's article about the effects of Trump's actions on the greenback and find out whether weak dollar will save gold. Let's look at the chart below. As one can see, the greenback has been in a bull market since February 2018. Yup, the chart does not lie. The US Congre...Read More

700-Point Reversal a Hoax, but Don't Get In Its Way!

December 07, 2018 / news.goldseek.com

The Dow Industrials reversed 700 points yesterday, turning a morning disaster into an afternoon wilding spree that has the potential to end the week on a bullish note. The rally was purely technical, beginning as it did a millimeter beneath an important low recorded on November 23 that had served as a 'structural' support. As is the case so much of the time, the downtrend had to penetrate the su...Read More

Irish Central Bank Refuses To Discuss Gold Reserves In Bank of England Vaults

December 07, 2018 / news.goldseek.com

- As Brexit looms, the Central Bank of Ireland has refused to discuss the location and value of Irish gold reserves- No date given for removal of "commercially sensitive" gold reserves from Bank of England vaults- Bank of England vaults in London believed to hold almost EUR200 million of Irish gold- Ireland's financial system & economy is hugely exposed to a Brexit downturnvia Irish Independen...Read More

Jim Grant Podcast - Stocks, Interest Rates & The Fed's Next Moves

December 07, 2018 / marketsanity.com

Keith Bronstein, commodities guru and president of TradeLink Holdings, LLC, calls in to discuss futures, interest rates and his latest big idea. 2:12 An opportunity in #eurodollar futures?9:50 No-bid futures and modern finance13:25 "Instability isn't considered instability when prices rise"20:01 Assessing the #Fed's next movesJames "Jim" Grant is an American writer and publisher and the founder of...Read More

This Is All A Game,It's Meant To Divide Us,We Need To Come Together Before It's To Late: Mannarino

December 07, 2018 / marketsanity.com

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

Eric Sprott discusses the ongoing stock and bond market volatility and begins to look ahead to 2019

December 07, 2018 / marketsanity.com

Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More

Revealed: The CIA conducted illegal mind-control experiments involving drugs, hypnosis and electronic devices

December 07, 2018 / marketsanity.com

The CIA conducted and may still be conducting secret mind-control experiments that the deep state has been trying to hide for decades. Continue...Read More

'Like execution by firing squad': VIDEO of French students' arrest by armed police stirs OUTRAGE

December 07, 2018 / marketsanity.com

"For me what happens in the picture is intolerable, regardless of the context," one person said.Continue...Read More

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