South African DRDGold approved Wednesday a deal proposed by Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) to exchange some its assets for a 38% stake in the mid-tier gold miner.The transaction, valued at R1.3 billion (roughly $110 million at today's rates), also gives Sibanye the option to buy another 12.1% of DRDGold shares - enough to give it control of the firm.The assets the precious metals produc...Read More

Mar 29, 2018 Guest(s): Pierre Lassonde Chairman, Franco-Nevada While a much higher gold price is needed to bring bullish sentiment back into the mining space, the yellow metal is already fairly priced, said Pierre Lassonde, Chairman of Franco-Nevada Corp."At $,1300 [an ounce], I will argue that gold is well priced," Lassonde told Kitco News on the sidelines of the BMO Global Metals & Mining...Read More

Some of the most active companies traded Wednesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,169.94, down 46.24 points)Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 50 cents, or 5.25 per cent, to $9.03 on 10.5 million shares.Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down five cents, or 1.32 per cent, to $3.74 on 9.4 million shares.Crescent Point Energy (TSX:...Read More

They say the United States is in a lot of debt - $21 trillion worth of debt is what they write in the papers...Is that a lot? It sounds like a lot, but how do we know?In the U.S.A., 1 trillion is 1,000 billion. To write it out, a billion is 1,000,000,000, and a trillion is 1,000,000,000,000. To put this in perspective, the total output of the U.S., the combined forces of 320 million people bust...Read More

Chart NotAvailableSymbol DataSymbolCurrencyASX:MZNAUDDescriptionMarindi Metals are a junior, project generator looking for goldLogin or Subscribe to access Don's SummaryAlert me when stock is updatedQuick LinksLogin to accessGeneral DetailsFinancial03/28/2018LastAnalysisDataCurrent DataChangeItemValueValueUpdatedValueMkt. Cap (FD):$15.54M$14.19M03/28/2018$-1.36MTotal Assets:$5.43M$5.46M03/28/2018$...Read More

Click here for the full transcript: http://financialrepressionauthority.c...Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of Two Minds now attracts some 200,000 visits a month. Charles also contributes to...Read More

"The line reduces human experience to biology with the word 'stock,' and ties the commitment to education to ethnic lineage and to the rise and fall of racial groupings."Continue...Read More

Continue...David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism...Read More

A government shutdown was averted last Friday when President Trump signed a $1.3 trillion, 2,232-page omnibus bill. The deadline was midnight Friday and Continue...Read More

According to the United States Treasury its 261 million ounces ( ? 8,100 tonnes) in Continue...Read More

RAPAPORT... Israel's Get Diamonds has signed an agreement to sell stones directly to the Chinese jewelry market, the company said this week. Get Diamonds, the e-commerce platform of the Israel Diamond Institute(IDI), will partner with Rock & Trade, an Israel-based company thatprovides a loose-diamond platform specifically for Chinese jewelers andsuppliers. Get Diamonds is a website that enable...Read More

RAPAPORT... Hong Kong-based jeweler Chow Sang Sang saw a 3% rise insales in 2017, brought about by a stronger Chinese currency and an improvementin consumer sentiment. Sales were $2.12 billion (HKD 16.63 billion) for the year,with jewelry-retail revenue  increasing by the same percentage to $1.85 billion (HKD14.52 billion). Revenue from other businesses, including property, also grew 3% to $2...Read More

"Trump has been outfoxed," says one reader."He’s doing the foxing, just watch," counters another."I was a VP in the Trump Organization in New York," writes a third, adding with the unimpeachable authority of personal experience:"Our president was always the smartest guy in the room. He will prevail."Trump signed the massive $1.3 trillion omnibus spending bill Friday last, hard against a midn...Read More

I know a thing or two about profiting from battery metals.Back in 2015 - before "lithium mania" hit - I got readers into a little lithium junior for C$0.15.That company, Lithium X, was just acquired by a Chinese firm for C$2.61 - a return of as much as 1,640% on our money.The next year, when lithium started making mainstream headlines, we got Millennial Lithium (TSX-V: ML) at C$0.65. Those shares...Read More

TomaGold Corporation (TSXV:LOT), a gold junior, climbed after announcing that IAMGOLD Corporation released results of the first mineral resource estimate for the Monster Lake joint venture projectSean Mason | March 28, 2018 | SmallCapPowerA resource with 'monster' grades sent a few speculators running to buy shares of a gold junior Wednesday. Here's some small stocks making big moves on Wednesd...Read More

The cryptocurrency mining stocks on our list appear to be unfairly punished by the sector selloff and could represent solid value should prices rallySmallCapPower | March 28, 2018: Cryptocurrencies remain in flux, with Bitcoin shifting between US$7,500 and US$11,500 over the past two months. Public interest in Blockchain and cryptocurrencies has also declined, with Bitcoin volumes falling by 41% s...Read More

Hut 8 Mining Corp. (TSXV:HUT) is currently the world's largest publicly-traded cryptocurrency miner based on funded and under-construction computing capacity.SmallCapPower | March 28, 2018: Hut 8 Mining Corp. (TSXV:HUT), backed by billionaire investor Mike Novogratz and partner BitFury Group, is the world's largest publicly-traded cryptocurrency miner. The Company operates ~100,000 machines, repre...Read More

CBLT Inc. (TSXV:CBLT) has a large portfolio of cobalt projects throughout CanadaAngela Harmantas | March 28, 2018 | SmallCapPower: The astounding rise in cobalt prices over the past two years has caught many mining insiders by surprise. Thanks to market foresight and some savvy business deals, Canadian junior CBLT Inc. (TSXV:CBLT) has already created value for shareholders by acquiring several cob...Read More

While accepting the Nobel Peace Prize in 2016, Colombian President Juan Manuel Santos said, "The manner in which this war against drugs is being waged is equally or perhaps even more harmful than all the wars the world is fighting today, combined."The death toll from the drug war is much less than the actual warfare throughout the world. However, his sentiment is quite appropriate because a signi...Read More

Via Sovereignman.comI'm doing my best to take a few days off this week, and have the pleasure of spending time with some friends here in a fairly remote corner of Vietnam's magnificent coastline.This is one of the most pristine places I've ever been- a high-end resort nestled at the top of a mountain in the middle of nowhere overlooking Vietnam's postcard-perfect Vinh Hy Bay.I've traveled extensiv...Read More