US Federal District Court Judge Richard J. Leon has stayed Rusoro's $966.5-million International Center for the Settlement of Investment Disputes Expropriation award against Venezuela registered in the US. Following the World Bank agency's decision to grant the award on August 22, 2016, Rusoro took that judgment to the US Federal Court in Washington, D.C. on October 10, 2016. The idea was to regis...Read More
Vancouver-based Trevali Mining (TSX: TV) and Quebec-based Puma Exploration (TSX-V:PUMA) have entered into a Letter of Intent for the acquisition by the former of an option to acquire an interest in the Murray Brook Deposit and to form a proposed Strategic Exploration Alliance in the northern portion of the Bathurst Mining Camp in New Brunswick, Canada.Under the terms of the LOI, Trevali, at its op...Read More
https://uk.reuters.com/LONDON, March 2 (Reuters) – The London Metal Exchange (LME) copper price has risen 26 percent since the start of January 2016. That month saw a five-year downtrend bottom out at $4,318 per tonne. Three-month copper on Friday was trading above $6,900.The lift in price has been part of a broader revaluation of the base metals complex but also reflects specific concerns a...Read More
Normally the action in the gold and silver futures markets tends to be pretty similar, since the same general forces affect both precious metals. When inflation or some other source of anxiety is ascendant, both metals rise, and vice versa.But lately - perhaps in a sign of how confused the world is becoming - gold and silver traders have diverged. Taking gold first, the speculators - who tend to b...Read More
Normally the action in the gold and silver futures markets tends to be pretty similar, since the same general forces affect both precious metals. When inflation or some other source of anxiety is ascendant, both metals rise, and vice versa.But lately - perhaps in a sign of how confused the world is becoming - gold and silver traders have diverged. Taking gold first, the speculators - who tend to b...Read More
"If the Federal Reserve or any of these central banks were in control, do you think we would be in the situation we are in right now? Absolutely not. All they have done is liquefy the world with debt and buy everything they can to keep this propped up. This is not control. This is some kind of a Frankenstein they have created by trying to prop everything up."Gregory Mannarino started his financial...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
Alex Jones explains the real agenda behind the censorship after Infowars was hit with a third strike on its YouTube channel and faces deletion.Continue...Read More
"I've known Bob Mueller for 20, 30 years; my guess is he's just trying to make the case as good as he possibly can. So, I think that we have to be patient in that regard," Continue...Read More
LONDON, 3 March 2018 - Renowned US investment magazine Barron's today quotes BullionVault analysis in a report on the outlook for silver prices."Silver's failure to rise with gold so far in 2018 means that silver is touching extreme levels in terms of the yellow precious metal," the magazine quotes Adrian Ash, director of research at BullionVault, online.Priced in silver, gold is now "very nearly...Read More
Despite a global economic upswing, which has been a powerful tailwind for stocks, gold remains firm and is trading well above the psychologically important US$1,300-per-ounce mark. There are signs that gold will remain firm over the course of 2018, because of a range of economic and geopolitical risks that could trigger the next market correction. One of the best means of earning outsized returns...Read More
The stock market took a sharp downturn to begin the new month of March. Usually, we see the stock market bid up on the last day of the month and the first few days of the new month, as institutions place optimistic bets.That is not the case now due to a far different, almost ominous, tone gripping the market place.On Thursday, President Trump announced the U.S. would impose a 25% tariff on steel a...Read More
You don't have to pick whether silver is at its current short-term bottom or not if you just let the market come into your favor. Here's more...David Morgan interviewed by Craig Hemke on TF Metals ReportSilver expert David Morgan joined us for our weekly webinar today. This proved a very informative hour so we urge you to carve out some time to give it a listen.Among the topics addressed over the...Read More
Do you think you are smart enough to know what things to ban? Can you foresee all the unintended consequences of using government might to moralize society?Some people think they are that smart. Or for some reason, they think restricting people’s freedom will have no larger effect than in the targeted area.One recent New York Times article wants a porn ban to be an option on the table. The a...Read More
It's been another wild week as market jitters lead more foreign governments to stockpile gold. Eric talks about India's gold reserves, the current state of the stock and bond markets, and the effect of all this on mining shares.www.sprottmoney.comRead More
Do you think you are smart enough to know what things to ban? Can you foresee all the unintended consequences of using government might to moralize society?Some people think they are that smart. Or for some reason, they think restricting people’s freedom will have no larger effect than in the targeted area.One recent New York Times article wants a porn ban to be an option on the table. The a...Read More
CloseGain/LossOn WeekGold $1321.90+$6.60-0.56%Silver$16.51+$0.02-0.06%XAU78.75-0.23%-2.21%HUI172.99-0.16%-2.11%GDM601.93+0.02%-1.94%JSE Gold1107.57+41.26+1.65%USD89.94-0.33+0.02%Euro123.28+0.62+0.24%Yen94.66+0.42+0.95%Oil$61.25+$0.26-3.62%10-Year2.860%+0.053-0.24%Bond144.3125-1.03125+0.13%Dow24538.06-0.29%-3.05%Nasdaq7257.87+1.08%-1.08%S&P2691.25+0.51%-2.04% The Metals: Gold rose $10 to $1...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort251,98173,26372,017161,527361,323485,525506,603Change from Prior Reporting Period -5,2246,9804,3816,614-8,4685,7712,893Traders17378834658255187 Small Speculators LongShortOpen Interest 47,33526,257532,860 -1,0651,8134,706 non reportable positionsChange from the previous reporting...Read More
- Global stocks slump as Trump risks trade wars- Gold prices little changed despite dollar weakness after tariff news- Trump announced plans to impose heavy tariffs on imported metals- China likely to retaliate with heavy tariffs on U.S. agricultural exports- Geo-political tensions with EU and of course China and Russia to escalate- Trade, currency wars and competitive currency devaluations tend...Read More