Twitter economist Ben Rickert did the homework and put out this tweet today:In the past 13 years. Central banks have cut interest rates 972 times. Bought $19 trillion of financial assets via QE, introduced NIRP, Yield Curve Control, TL TRO's, resulting in a near-record $16.8 trillion of negative yielding global bonds.In other words, central banks around the world have created vast sums of cash out...Read More
Frank Holmes, CEO and chief investment officer of U.S. Global Investors, says it doesn't matter if the U.S. sees a Red victory or a Blue victory in the presidential election; gold will be the real winner. In this far-ranging interview with Streetwise Reports, he discusses gold's prospects post-election, inflation, stock market performance, criteria to evaluate mining companies, and companies in U....Read More
Bob Moriarty of 321gold and Frank Holmes, CEO and chief investment officer of U.S. Global Investors, will hold a webcast the day after the election toanalyze the impact of the U.S. presidential election and provide an outlook for gold in the months to follow. If you're like me, you're not betting on either the Republican or Democratic candidates for president. Government spending is already out...Read More
In this interview with Maurice Jackson of Proven and Probable, the CEO of Hot Chile provides a detailed look into current operations on its copper-gold prospects in Chile. Maurice: Joining us for our conversation is Christian Easterday, the CEO of Hot Chili Ltd. (HCH:ASX). Glad to finally have an opportunity to speak with you and to share the value proposition before us in Hot Chili, which has ju...Read More
Ron Struthers of Struther's Resource Stock Report profiles Discovery Harbour and explains why he believes it offers an opportunity for a major gold discovery in Nevada.I am very bullish on the short term prospects for gold, both fundamentally and technically on the chart. There are records amount of cash on the sidelines because of Covid-19 and election uncertainty. I commented earlier about the i...Read More
The gold miners’ stocksare still correcting, continuing to rebalance both technicals and sentiment. This sector’s huge surge into early August spawnedextreme overboughtness and universal euphoria, which are gradually being bledaway. This same necessary and healthy correctiveprocess is underway in gold itself, which overwhelmingly drives gold-stockprice levels. This is...Read More
It is the the massive debt. It cannot beserviced. It will collapse the whole system.The gold, silver and cryptocurrencies chartsare showing signs of going parabolic. The US dollar is close to confirming a massive breakdown.Gold, silver and cryptocurrencies allprovide “crisis value” by simply being an acceptable debt-based fiatalternative. It is only later in this crisis that we will se...Read More
David Smith - Even in the competitivehunting/shooting community, few enthusiasts know about an arcane rifle known asa "double trigger shotgun." Essentially, it's a double-barrel shotgunhaving a trigger for each barrel.This was an early day'sdesign with the triggers located inside the trigger guard, back to front. Itwas possible to press both triggers at once, causing a double discharge,...Read More
The biggest banks in the world areeyeing gold prices of around $3,000 in just over a year. Former Citigroup billionaireThomas Kaplan predicts $5,000gold . And even without those predictions, the gold rush is on … Miners are stampeding this single gold rush territory …That’s already produced over 40 million ounces of gold … And still has an estimated 68 million+ oun...Read More
https://media.blubrry.com/silverdoctors/p/content.blubrry.com/silverdoctors/CHemkeOct2020SD-Audio.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Android | Email | Stitcher | RSSNot even the permabears can avoid the math now. Silver is going a lot higher, and it's going to move quickly, despite the ongoing manipulation. Here's why...Craig Hemke of TF Metals Report interviewed...Read More
Silver wins, no matter who wins the election...by Jim Rickards via Daily ReckoningDo you have a flashlight, spare batteries and some duct tape stashed away for home emergencies like power outages or hurricanes? Of course you do. How about 100 ounces of silver coins? If not, you should.In an extreme social or infrastructure breakdown - where banks, ATMs and store scanners are offline - silver coins...Read More
RAPAPORT... Petra Diamonds' revenue jumped in the three months ending September 30 as rough prices grew and the company sold inventory it couldn't shift during the peak of the Covid-19 crisis.Sales rose 33% year on year to $82 million during the miner's first fiscal quarter, while sales volume increased 55% to 936,749 carats, the company reported Tuesday. Prices at its September tender were 21% hi...Read More
RAPAPORT... Belgium's federal parliament has approved a new law entitling diamond companies to open bank accounts even after suffering repeated rejections.The Basic Banking Law guarantees fundamental banking services to all Belgian companies, the Antwerp World Diamond Centre (AWDC) explained in a note to the industry last week. Following parliamentary approval last Thursday, the law will come into...Read More
(IDEX Online) - The deal for LVMH to buy Tiffany & Co may be off - but it's still been officially approved by regulators.The French luxury conglomerate pulled of its $16.2bn acquisition in a shock move in September that has left both sides locked in a bitter legal battle.But on Monday the European Commission said all the regulatory approvals to prevent a monopoly were in place.It�...Read More
(IDEX Online) - A Graff brooch featuring a brilliant-cut 107.46-carat fancy yellow diamond could fetch up to $3.6m as one of the key attractions at a live Christie's auction later this month.Another fancy yellow diamond, a rectangular step-cut gem weighing 28.88 carats and set in a ring, also has an estimate of up to $3.6m. And a exceptional pair red, white and blue colored diamond earrings c...Read More
Base metals prices on the London Metal Exchange were firmer this morning, Tuesday October 27, despite some strong headwinds from little progress on the next US Covid-19 relief package and surging infection rates across Europe and the United Sates.* Major western equity index futures rebounding after Monday’s weakness* Expect increased volatility in the run-up to the US presidential electionBa...Read More
American International Group (AIG), an S&P 100 stock moved above $32.67 resuming an intermediate uptrend.Eli Lilly (LLY), an S&P 100 stock moved below $139.00 extending an intermediate downtrend.Teck Resources (TECK), a TSX 60 stock moved below US$13.05 setting an intermediate downtrend.Dollarama (DOL), a TSX 60 stock moved below $48.00 completing a double top pattern.Dow Jones Industrial...Read More
October 27, 2020 - Brixton Metals Corporation ("Brixton" or the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce that it has entered into a binding heads of agreement, dated October 26, 2020, with respect to a USD$44.5 million earn-in and joint venture ("Heads of Agreement") on its wholly owned Hog Heaven Project with High Power Exploration Inc. ("HPX"). HPX is a privately-...Read More
As part of its plan to become a vertically integrated graphite company, Nouveau Monde Graphite (TSXV: NOU; US-OTC: NMGRF) has signed an agreement with a leading chemical company that will provide commercial operating space, site services and the supply of raw materials for the junior to establish two pilot plants.The space, within Olin's facilities in B?(C)cancour, Que., will host two commercial-s...Read More
This week's episode features an in-depth interview with CPM Group managing partner Jeffrey Christian on the U.S. elections, digital currencies, JP Morgan's spoofing scandal, and Bitcoin vs. gold as stores of value. Jeffrey was previously the head of commodities research at J. Aron & Company, which was acquired by Goldman Sachs, and formed CPM Group through a management buy-out of the commodities r...Read More