The C.D. Howe Business Cycle Council reported on May 1, 2020 that Canada has officially entered a recession in the first quarter of 2020. While there are signs of recovery, the Council has said, “The decision to declare a recession with a February peak is based on preliminary data available as of April 30, 2020. Members of the Council pointed out that further GDP revisions will occur, which...Read More
Image by Helmut Eppel from Pixabay. Silver prices are latching onto gold's rally, reaching their highest levels since 2016 on Monday, as concerns about the global economy and market dynamics continue to shift investor attention towards safe haven metals.Spot silver advanced 4.3% to $19.90 an ounce by 4:00 p.m. EDT, while silver futures on the Comex exchange surpassed the $20 an ounce mark for the...Read More
Reliance property, British Columbia. Image by Endurance gold. Endurance Gold (TSXV:EDG) announced on Monday a 67% increase in the size of Reliance property in southern British Columbia, from the initial 673 hectares up to 1,122 hectares.The property is located 4 kilometres east of the village of Gold Bridge, and 10 kilometres north of the historic Bralorne-Pioneer gold mining camp which produced...Read More
Gold is so hot right now. Image: Newmont Goldcorp. The rally in the gold price regained momentum on Monday as investors continue to pile into hard assets amid a flood of easy money on financial markets in the developed world and expectations of a prolonged period of ultra-low interest rates and currency debasement.Gold for delivery in August, the most active contract on the Comex market in New Yo...Read More
Discovery Metals' Cordero silver project in Chihuahua state, Mexico. Image from Discovery Metals. Discovery Metals has released results from eight holes completed at its Cordero project in Chihuahua state in Mexico, including 1.4 metres grading 1,907 g/t silver-equivalent (700 g/t silver, 0.74 g/t gold, 16.1% lead and 14% zinc) in its first hole testing the 1.2-km-long Todos Santos vein trend at...Read More
Miners in the historic O'Brien mine in the 1950s, where Radisson Mining Resources is exploring for gold. Image from Radisson Mining Resources. Drill results from Radisson Mining's wholly owned O'Brien project in Quebec include high-grade intercepts from areas below current resource boundaries and from zones around the existing deposit.The past-producing O'Brien project is within the Bousquet-Ca...Read More
Institutions and sophisticated investors will pay 12.5c per share. The fundraising comes after S2 kicked-off a 10-12 hole diamond core drilling campaign in Finland earlier this month.Read More
Citigroup is the latest major bank to join the gold bulls. In the bank's 3Q commodities outlook, Citigroup says it expects gold prices to break alltime price records within the next six to nine months. And it believes there's a 30% chance gold will top $2,000 in the next three to five months.At last look, gold for August delivery was trading at $1,820 an ounce.Citing the Fed's loose monetary polic...Read More
Share this articleTORONTO - Canadian precious metals miner Yamana Gold Inc. says it is in the advanced stages of listing its shares on the London Stock Exchange.It is currently listed on the New York Stock Exchange and the Toronto Stock Exchange.It says a listing in London will increase its exposure to potential European investors who have few other large gold producers to choose from.It says it...Read More
After a measured advance in recent months gold looks on for a breakout to new highs soon. On its latest 11-year chart we can see that, with the Bowl boundary steepening to become near vertical, it could rise very rapidly and very soon, which fits with the most seasonally bullish time of year for gold that we are now entering.Larry's stunning gold chart shows the price ascending the extreme right...Read More
The shoeshine boy is not just giving customers stock tips these days; rather, he is jumping on hot stocks himself, scalp-trading three or four shares of Tesla, at $1500 a copy, in his Robinhood.com account. That's all the stock these penny-ante schemer-dreamers can afford, and it is why it is not the metaphorical bootblack operating out of his parents' basement who has been driving a handful o...Read More
Bill and Grant welcome the legendary Jim Grant, founder and editor of Grant's Interest Rate Observer, and author of a number of stupendous chronicles of both financial history and those who helped shape it. The three discuss the importance of historical parallels to today's somewhat bemusing coin shortage before digging deeper into the past to examine previous inflationary episodes and discuss wha...Read More
Join Mike Maloney as he explains what the latest moves for silver and gold could possibly mean for the global economy.Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment education companies. He is author of the highest selling prec...Read More
Gerald Celente, the founder of The Trends Journal returns to SGT Report to discuss the Covid war, and the turncoats Marxist plan to destroy NYC and America.Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internat...Read More
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason's work at his blog website at www.jasonburack.c...Read More
Motorcycle accidents ruled Covid deaths? In the rush to paint Florida as the epicenter of the "second wave" of the coronavirus outbreak, government officials and their allies in the mainstream media have stooped to ridiculous depths to maximize the death count. A television station this weekend looked into two highly unusual Covid deaths among victims in their 20s, and when they asked about co-mor...Read More
Billionaire entrepreneur Mark Cuban joins CNBC's "Squawk Box" to discuss what he's seeing in the markets as investors follow the volatility amid the coronavirus crisis.Mark Cuban is an American business magnate, investor and philanthropist. He is the owner of the National Basketball Association's Dallas Mavericks, Landmark Theatres, and Magnolia Pictures, and the chairman of the HDTV cable network...Read More
What these Epidemiologists have done to society is beyond belief. Once upon a time, there were buffets with all you could eat, and a Sunday brunch was often the highlight of the week. Continue...Read More
Pan American Silver announced today the suspension of two of its silver mines in Peru due to several workers testing positive for the COVID-19 virus. Continue...Read More
For the first time since September 2016, Silver futures just broke above $20...Continue...Read More