Catching up with Rick Rule from Sprott US Holdings at PDAC 2018. "Some of the transactions in the mining space that were more questionable have failed. I think the dumb money has gone to crypto and marijuana. From my personal point of view, good riddance. That money shouldn't be in our space."Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securi...Read More

I was going to take another week off, but then this week seemed worthwhile to comment on. For one thing, the current correction is obviously different from the others seen in the Dow Jones' BEV chart below. From a BEV Zero to a 10% decline in only nine trading days. A 10% move in a BEV plot is nothing big, but seeing one take place in only nine days is worthy of note. Then the bulls take the BEV p...Read More

Now that equities are behaving the way they should have since, oh, 2013 - volatile with a pronounced down bias - everyone is wondering how far the crazy will go before the Fed starts buying the S&P 500.Continue...Read More

By David HaggithHow inflated with debt have we become? How long can we float on our own bloat? Reasonably trim in 1970, the sum of all debt publicly financed by the US government was $275 billion. Last week, the government sought to raise $258 billion in just one week! The weekly financing to keep the government afloat is now about equal to all the debt it amassed over the course of its first 18...Read More

By John Mauldin'80s FlashbackData from AfarNot TheoreticalSome Thoughts on the Trump TariffsSan Diego and the Strategic Investment ConferenceI'm going to wrap up our series on the problems of collecting and analyzing data in the first half of this letter, and then I'll quickly comment on the Trump tariffs. I think both topics will feature in this week's Strategic Investment Conference. At the en...Read More

Now that equities are behaving the way they should have since, oh, 2013 - volatile with a pronounced down bias - everyone is wondering how far the crazy will go before the Fed starts buying the S&P 500.Short sellers, of course, want to know when to close out their at-long-last-profitable bets (see David Einhorn). Cautious investors (see Warren Buffett) with money on the sidelines want to know wh...Read More

The United States Army M1 Abrams tank, an American third-generation main battle tank, is being upgraded with an invisible shield that will destroy all chemical Continue...Read More

Goldmoney's Head of Research, Alasdair Macleod, shares his thoughts on the Oil-Yuan Futures and the implications for gold. Read More

By Dave KranzlerDr. Paul Craig Roberts sent me an article by Catherine Austin Fitts and asked if I had read it. The article is titled, "The State of America's Pension Funds." The article is worth reading, though I believe Ms. Fitts underestimates significantly the degree to which political and Wall Street criminality - along with money management incompetence - has infected and destroyed the U...Read More

By Gary SavageThis video details my longer term projections for numerous markets including the Nasdaq Index, Semiconductor Index, SPX 500, Commodities Index and Gold.https://blog.smartmoneytrackerpremium.com/ Read More

David Morgan of The Morgan Report spoke to INN at PDAC 2018 and discussed why Silver is going to outperform Gold this year. David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic,...Read More

RAPAPORT...Firestar Diamond and its affiliates, following their bankruptcy filing in the wake of fraud allegations against their ultimate owner Nirav Modi, have reportedsignificant interest from companies looking to buy their operations.The three jewelers - Firestar, A. Jaffe and Fantasy - are seeking an infusion of capital or a sale, and intendto continue business as normal in the meantime,their...Read More

RAPAPORT... J.C. Penney's comparable-store jewelry sales jumped by atleast 10% in the fourth fiscal quarter, rounding off a strong year of growth,CEO Marvin Ellison said. Jewelry sales increased by that key measure in every quarterof the fiscal year ending February 3, including by a "double-digit" percentage inthe final three months, the executive noted. Jewelry was one of a handful of department...Read More

RAPAPORT... Helzberg Diamonds has appointed Ellen Junger as chief marketingofficer, and named Carmichael Lynch as its new ad agency of record. Junger was previously chief customer and marketing officerfor Payless ShoeSource. She has also worked for Hallmark Cards, including as chief marketing officer of Hallmark Canada, according to a statement on Carmichael's website. "Ellen brings a wealth of ex...Read More

RAPAPORT...The Civil Society Coalition (CSC) of the Kimberley Process(KP) has appointed the Zimbabwe Environmental Law Association (ZELA) as its leader, according to a statement on the KP website. ZELA will take over the leadership from Impact - formerly Partnership AfricaCanada -which left the Kimberley Process in December, claiming the organization wasineffective in policing the diamond supply c...Read More

Altamira Gold Corp. (TSXV: ALTA) has begun exploring for copper on its more than 200 sq. km land package in the Juruena Mineral Belt of eastern Brazil's Para and Mato Grosso states. The initiative marks an expanded vision for the Vancouver-based company, which had previously focused solely on gold exploration on that same land.Several of Altamira's properties have tested positive for copper gradin...Read More

Golden Arrow Resources Corp. (TSXV: GRG) - a member of the Gross Group of companies - is placing its precious and base metal exploration assets in Argentina into a new, 100%-owned subsidiary called New Golden Exploration, now that its more advanced Chinchillas silver project headed towards production under a new joint venture agreement with SSR Mining Inc. (TSX: SSRM; NASDAQ: SSRM).Chinchillas is...Read More

Victoria Gold Corp. (TSXV: VIT; US-OTC: VITFF) has completed its Phase 1 Construction de-risking program at its 2.7 million oz. Eagle Gold Project in central Yukon and is now preparing to launch its Phase 2 Construction Program for 2018."The Eagle Gold Project is unique amongst development projects because it is fully permitted, almost fully financed and in a safe political jurisdiction," says Vic...Read More

Commander Resources (TSX-V: CMD) announced today that Fjordland Exploration (TSX.V: FEX) will fund a $1.2 million exploration program on the company's South Voisey's Bay nickel-copper-cobalt project, located in northeastern Canada.The 29,400-hectare property is located in central Labrador, 80 kilometres south of Vale's Voisey's Bay Nickel mine. It covers parts of the Pants Lake Gabbro Complex.In a...Read More

After spending almost an entire day at underground refuge stations, 55 workers at The Mosaic Company's (NYSE:MOS) K2 potash facility in Saskatchewan made it safely to surface. Following a small underground fire, the workers were asked to stay at the safe spaces where they had access to drinking water and food items. In the meantime, staff just outside of the mine were running air monitoring tests....Read More