The title of Leo Tolstoy's massive tome, War and Peace, which many have heard of but few have read, implies a cyclical alternation between these conditions, which never ends, no matter how great the level of technological advance, because of the nature of men, which does not change.It is the same with the great economic cycles which alternate between boom and bust. Once a parasitic overclass gai...Read More
Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended April-10, 2020 $BTG, $CXB.TO, $DPM.TO, $EXK, $EGO, $FNV, $WPM, $OR, $SAND, $RGLD, $GFG.V, $GBR.V, $GPL, $HL, $KL, $KORE.V, $KNT.V, $MOZ.TO, $PG.TO, $AUY, $CG.TO It's looking the suspension of mining activities have tapered off for the time being, though the mining industry has already been severely impacted. Approximately 5...Read More
Dave KranzlerThe CME/LBMA latest paper derivative product - the Accumulated Certificate of Exchange aka "4GC" - is failing. Badly. After its introduction last week there has been zero trade activity in the contract: 4GC Settlement data. The contract fabricates a paper claim on 25% of an LBMA 400 oz bar for Comex participants seeking delivery of the 100 oz Comex bar. It's an attempt to tr...Read More
Preventing DepressionMonetary and Fiscal Policy: Where We Are TodayInflation Is Always and Everywhere a Function of DemandThe Utter Travesty of UnemploymentThinking of the Enormity of It All"Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output. ... A steady rate of monetary gr...Read More
Even as the coronavirus cases in the U.S. grew, President Trump just kept on saying everything was fine.Read More
The title of Leo Tolstoy's massive tome, War and Peace, which many have heard of but few have read, implies a cyclical alternation between these conditions, which never ends, no matter how great the level of technological advance, because of the nature of men, which does not change.It is the same with the great economic cycles which alternate between boom and bust. Once a parasitic overclass gai...Read More
Chris MarcheseChief Mining Analyst, GoldSeek & SilverSeekWeek Ended April-10, 2020 $BTG, $CXB.TO, $DPM.TO, $EXK, $EGO, $FNV, $WPM, $OR, $SAND, $RGLD, $GFG.V, $GBR.V, $GPL, $HL, $KL, $KORE.V, $KNT.V, $MOZ.TO, $PG.TO, $AUY, $CG.TO It's looking the suspension of mining activities have tapered off for the time being, though the mining industry has already been severely impacted. Approximately 5...Read More
Dave KranzlerThe CME/LBMA latest paper derivative product - the Accumulated Certificate of Exchange aka "4GC" - is failing. Badly. After its introduction last week there has been zero trade activity in the contract: 4GC Settlement data. The contract fabricates a paper claim on 25% of an LBMA 400 oz bar for Comex participants seeking delivery of the 100 oz Comex bar. It's an attempt to tr...Read More
Preventing DepressionMonetary and Fiscal Policy: Where We Are TodayInflation Is Always and Everywhere a Function of DemandThe Utter Travesty of UnemploymentThinking of the Enormity of It All"Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output. ... A steady rate of monetary gr...Read More
Joe Molloy is joined by Tommy Conlon of the Sunday Independent and the Belfast Telegraph's Declan Bogue to review the best of the Sunday sportswriting.Read More
Easter Sunday Service Live (our way) The Tommy Bernhard Show!We celebrate Easter Sunday our own special way. Leave your religion at the door, come in, kick back and let's just relax before the work week begins!PLEASE JOIN US ON TWITCH! Follow the link below and click follow! Also if you have amazon prime you can subscribe and get member perks for FREE! Please subscribe and enjoy all the in stream...Read More
Metals investors take heed. Lithium, copper, and cobalt all have their fans. But there could be another source of metals upside on the way, from a source that has long been in the doldrums: uranium. Today we’re going to talk about Cameco (TSX:CCO)(NYSE:CCJ), and why it’s suddenly a buy.Uranium prices are looking set to rise in 2020Nuclear power has its headwinds. But the sector could b...Read More
Cigar Lake is the world's second largest high-grade uranium deposit, producing 18 million lb of uranium annually. Credit: Cameco Uranium mining major Cameco (TSX: CCO; NYSE: CCJ) is extending the temporary production suspension at its Cigar Lake mine in northern Saskatchewan as the effects of the global covid-19 pandemic persist, the company announced on Monday.In late March, Cameco placed the Ci...Read More
The April edition of our On the Move newsletter is now available. The monthly publication tracks management and board appointments across Canada's mining and mineral exploration industry.To view a copy of the newsletter, click here.Keep us up to date on your company's latest appointments and achievements by emailing us at [email protected] or sign up for the free newsletter.Read More
Jim Williams, Robert Pell (Founder), Xiaoyu Yan (UoE Academic Advisor), Nick Russill Image from the University of Exeter. Minviro, a spin-out company focused on environmental sustainability in the mining space and founded by experts from the University of Exeter, has secured investment to help develop the business. Founded by Robert Pell, who completed his doctorate at University of Exeter's Camb...Read More
East Cadillac gold project in Quebec. Photo by Chalice Gold Mines. O3 Mining has released drill results from four zones at its East Cadillac property, 40 km east of Val d'Or in Quebec. The drilling targeted new areas of mineralization within two gold-bearing corridors at the property: the northern and southern corridors, which are splays off of the easternmost section of the regional Cadillac La...Read More
The company's operations are in Minas Gerais, Brazil. Image by Jaguar Mining. Jaguar Mining (TSX: JAG) announced on Monday that it had its best production quarter in Q1 2020 since the end of 2017. The company reported consolidated production of 21,008 ounces of gold compared to 16,365 ounces in Q1 2019, an increase of 28%, in a fourth consecutive quarter of sustainable production.The Pilar gold...Read More
Share this articleYELLOWKNIFE - Northern miners say the federal government's wage subsidy program to get the country through the COVID-19 pandemic leaves them out in the cold.Tom Hoefer of the Northwest Territories and Nunavut Chamber of Mines says the program doesn't work for the mining industry.He says miners have been flying local workers home to their remote communities and using chartered pla...Read More
Today is Monday, April 13, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,732.95. It's up 1.05% from yesterday and up 34.30...Read More