Bob Moriarty ArchivesOct 21, 2020The Republican and Democratic candidates for president may be the most flawed in U.S. history. And yet one of these two men—God help us—will be sworn in this January.If you’re like me, you’re not betting on either one. Government spending is already out of control. Replacing Trump, the self-proclaimed “King of Debt,” with Biden,...Read More
That's one way of interpreting the results of a poll taken of participants in a Macquarie Bank base metals summit earlier this week.Read More
Orestone Mining Corp. (TSX-V: ORS, Frankfurt: WKN: A2DWW7) owns a 100% percent interest in the Captain gold/copper porphyry project in north central British Columbia, 41 kilometres north of Fort St. James, B.C. and 30 kilometres south of the Mt. Milligan copper-gold mine, which is a very large deposit that has been in production for many years. Captain hosts a cluster of large porphyry targets, ad...Read More
Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF) is a mineral exploration company, focused on the discovery of large gold-copper deposits in the Americas, with two main assets: the prospective Cervantes porphyry, gold-copper property in Sonora, Mexico, and the historic, district-scale, Tombstone properties, in Cochise County, Arizona, that host both bulk tonnage epithermal gold-silver, and CRD silv...Read More
Ghawar, Burgan, Daqing, Ahvaz, Cantarell, Prudhoe Bay... You know these names well if you've had a dime invested in oil at any point over the last hundred years.There are even a few that'll have you scratching your head, such as Safaniya, Kashagan, and Samotlor.These are among a few of the world's remaining supergiant oil fields.More importantly, these oil fields gave a select group of state-run c...Read More
Independent financial analyst Matt Badiali profiles an explorer with projects in Nevada and Wyoming. CK Gold ProjectBack in 2017, I stood on a mountainside in northern Nevada, watching a drill rig on the Keystone Project. It was a classic Nevada gold story...lots of the right rocks, lots of the right minerals and the right address. Keystone sits on the Cortez Trend. I drove past Barrick's giant C...Read More
Cabral Gold's new Dona Moca target, at Cui? Cui?, revealed visible gold and gold grades up to 108.3 g/t in surface grab samples. In a news release, Cabral Gold Inc. (CBR:TSX.V; CBGZF:OTCBB) announced it identified a new high-grade target, Dona Moca, at its Cui? Cui? gold project in Brazil.Dona Moca showed visible gold and gold grades of 108.3 grams per ton (108.3 g/t), 32.0 g/t, 21.9 g/t and 3.9...Read More
Troilus Gold Corp. reported it has been awarded the "Excellence in Sustainable Development" Award by the Quebec Mineral Exploration Association at the XPLOR 2020 Virtual Award Ceremony. In a news release,Troilus Gold Corp. (TLG:TSX; CHXMF:OTCQB) announced that it has been named as the recipient of this year's "Excellence in Sustainable Development" award by the Quebec Mineral Exploration Associat...Read More
Gold Standard Ventures reported drill results from 24 of 75 holes at its Pinion Phase 4 Development Program located at Carlin Trend, Nevada. Gold Standard Ventures Railroad-PinionIn a news release, Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) announced "encouraging drill results from 24 of 75 holes in the 2020 Pinion deposit development program on its 100%-owned/controlled Railroad-Pinion P...Read More
Money manager Adrian Day reviews major developments at two companies, which he believes "should be very beneficial," and updates developments at several juniors, noting "some very strong buys." Breaking Up Can Be Good for You Osisko Gold Royalties Ltd. (OR:TSX; OR:NYSE, US$12.01) has announced plans to split the company, with the royalties staying in OR while the various interests in exploration...Read More
Technical analyst Clive Maund takes a look at gold charts and explains why he believes the dollar price of gold will eventually skyrocket. With a collapse in the dollar and hyperinflation now inevitable, it is clear that the dollar price of gold will eventually skyrocket, and when I say "eventually" I am not talking about in 5 or 10 years time. It is already starting to accelerate away to the ups...Read More
The Copper/Gold ratio is saying something. That something is that a cyclical, pro-inflation and thus pro-economic reflation metal shown earlier, remaining nominally positive on a down market day has, in relation to gold, taken out two important moving averages (daily SMA 50 & SMA 200) and is currently riding the short-term EMA 20 upward. RSI and MACD are positive.Copper: Pro-cyclical inflation...Read More
Inflation is back. OK, not inflation, but inflation expectations. As the chart below shows, they plunged during the coronavirus crisis, but they have already recovered. Currently, and based on the inflation-protected Treasury yields, Mr. Market expects that inflation will be, on average, 1.5 percent in the next five years and 1.7 percent in the next ten years. Meanwhile, the real bond yields have...Read More
CLEAR PRICE CHANNEL MAY PROMPT BIG BREAKOUT OR BREAKDOWN MOVE IN OILIn this report, I discuss the recent price action in crude oil and how economic conditions and the pennant flag chart pattern is indicating a big price move is about to take place over the next few weeks. While some of you may want a clear, bold prediction as to whether a breakout or breakdown may happen, as technical trader...Read More
The situation in the Silver Market is changing rapidly... by Steve St Angelo of SRSrocco ReportWith the continued uncertainty in the markets and financial system, the U.S. Mint Silver Eagle sales for the last quarter of 2020 are forecasted to triple compared to the same period last year. Already, sales of Silver Eagles so far in October have surpassed the total during the entire fourth quarter...Read More
Which cabal flunky will try to short silver on the next run up, and with it DESTROY the entity just as it's done every time in the past?by Bix Weir of Road to RootaAll eyes on identifying which cabal flunky will try to short silver on the next run up...with it DESTROY the entity just as it's done every time in the past? Read More
RAPAPORT... Petra Diamonds plans to hold a special tender of five blue diamonds it recovered from the Cullinan mine in South Africa last month.The sale of the Letlapa Tala collection, which means "blue rock" in the northern Sotho language spoken in the region, marks the first time this number of blue diamonds has been offered for sale at once, Petra said Wednesday. The high-quality, type IIb stone...Read More
RAPAPORT... Gemological Science International (GSI) has launched a new online educational course dedicated to lab-grown diamonds, it said Tuesday.The Laboratory-Grown Diamond Essentials class was created in response to the rapid rise in the number of companies active in the sector, as well as increased consumer demand for synthetics, GSI noted. "It is imperative that the jewelry industry has the a...Read More
RAPAPORT... Rio Tinto will launch a tender of large rough diamonds, including the last of its special stones from the Argyle deposit in Australia.The miner will feature 28,399 carats of special-sized rough - weighing more than 10.8 carats - from Argyle at the sale, which will take place in October and November, Rio Tinto said Tuesday. Colored diamonds from the site, which is due to close at the en...Read More
RAPAPORT... Botswana's government expects the country's economy to return to growth next year on the back of a recovery in the diamond sector.The nation's gross domestic product (GDP) will increase 7.7% in 2021, Thapelo Matsheka, minister of finance and economic development, forecast Monday in a meeting with the World Bank. GDP fell 24% year on year in the second quarter of 2020 as a result o...Read More