Bob Moriarty ArchivesMar 3, 2020As I write the ratio of silver to gold is about 96-1. It takes 96 ounces of silver to buy one ounce of gold. Asthe magnificent Steve Saville has just pointed out the ratio is within five percent of the highest it has ever been in history. Once in 1942 and again in 1993 when the ratio touched just over 100-1. I believe it will again.For thosewho have read my books,I...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comMarch 3, 2020“He will lose the election, that’s for sure...Ford lost to Carter after the 1973 oil shock, Carter lost to Reagan due to the second oil crisis in 1979, and Bush lost to Clinton after the Kuwait invasion. The Democratic field is poor, but Trump is dead.” - Leg...Read More

The S&P 500 closed up 4.6% and China's Shanghai Composite Index gained 3.15%.Futures were also pointing to a positive day on most markets.Bank of Japan governor Haruhiko Kuroda said on Monday that Japan's central bank would take necessary steps to stabilise financial markets, following a similar move by US Federal Reserve chair Jerome Powell on Friday, Reuters reported.Australia's Reserve Bank...Read More

The main priority is advancing construction of the Aripuana zinc project in Brazil, which is planned to produce 120,000 tonnes per year of zinc-equivalent comprising 70,000tpy zinc, and 50,000tpy ofRead More

"This arbitration procedure will not affect our current operations. The amounts discussed have been paid, under protest, and are promptly related to past activities. Currently, we operate under a new contract for guarantees and investment promotion measures," said Cerro Verde in a statement.The dispute with tax agency Sunat relates to a 1998 tax stability agreement the company signed with the gove...Read More

Share this articleTORONTO - Ontario's economic development minister has announced he is leading a mining mission to Peru and Ecuador.Vic Fedeli says the trip will focus on mining manufacturing and equipment and will expose Ontario businesses to new markets.He says Peru and Ecuador represent "an abundance of untapped potential" for Ontario suppliers to the mining industry.During Fedeli's April 13-1...Read More

Today is Tuesday, March 3, 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 $1,644.90. It's up 3.47% from yesterday and up 27.24...Read More

Today is Tuesday, March 3, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Williams Companies (NYSE: WMB), Pembina Pipeline Corporation (NYSE: PBA), and Earthstone Energy (NYSE: ESTE).Williams Companies (NYSE: WMB)Williams Companies (NYSE: WMB) is a $22.69 billion company today with a one-year return of -28.55%. Let's look at its price-to-earnings (P/E)...Read More

Here is your S&P 500 index over the past two months:This a classic example of a dead cat bounce. Stocks tend to bounce back 33% from the low. I expect we will fill that gap at 3,120 and sell off for the rest of the week.Ten Years of Bouncing Felines Here is the S&P 500 over the past decade: As you can see, we've had four selloffs in the last 10 years that have broken the up trendline, not incl...Read More

By: Peter Schiff, Chief Global Strategist of Euro Pacific CapitalWith the markets shell shocked by of the worst weeks on record, analysts are split on whether investors are simply overreacting to the coronavirus epidemic or if we are confronting an actual existential threat to the global economy. While most epidemiologists caution that the virus will be nearly impossible to contain, the good ne...Read More

Stewart Thomson, Graceland Updates 1. "He will lose the election, that's for sure...Ford lost to Carter after the 1973 oil shock, Carter lost to Reagan due to the second oil crisis in 1979, and Bush lost to Clinton after the Kuwait invasion. The Democratic field is poor, but Trump is dead." - Legendary economist Nouriel Roubini, March 2, 2020.2. Corona is the kind of crisis...Read More

StrengthsThe best performing metal this week was gold, down 3.51 percent. As of Wednesday, gold-backed ETFs saw 25 consecutive days of inflows and rose to the highest level ever of 2,624.7 tons. Bloomberg reports that after rising 18 percent last year, gold extended its rally into 2020. Turkey's gold reserves rose $1.1 billion from the previous week to now total $29.7 billion as of February 21...Read More

By Ira EpsteinGold update, key technical supports and what to come from the corona virus:Read More

MAG Silver's two recent announcements about its project in Mexico are relayed and commented on in a ROTH Capital Partners report. In a Feb. 27 research note, ROTH Capital Partners analyst Joe Reagor noted that MAG Silver Corp. (MAG:TSX; MAG:NYSE A) and joint venture partner Fresnillo Plc (FRES:LSE) moved up the production start for Juanicipio and raised preproduction capex estimates. "These resul...Read More

Maurice Jackson of Proven and Probably sits down with Andy Schectman, president of Miles Franklin Precious Metals Investments, to talk about ways to invest in precious metals. Maurice Jackson: Today we will discuss the merits of owning government minted coins versus private minted coins. Joining us for conversation is Andy Schectman, the president of Miles Franklin Precious Metals Investments. Gl...Read More

While silver has thus far lagged the gains of gold, a number of trends underlying the metal should pave the way for a new leg up very soon, according to McAlinden Research Partners. Summary: Amid the precious metals rally that was set off by the rapid spread of coronavirus and uncertainty around the ability to contain it, gold prices had ratcheted up to a seven-year high. While silver lagged the...Read More

X Terra Resources notes alteration and mineralization in all of its targets. In a news release, X Terra Resources Inc. (XTT:TSX; XTR:FSE) announced it completed its drill program at its Grog and Northwest properties in New Brunswick, and results exceeded management's expectations. "All geological targets have revealed very encouraging visual indicators of significant alteration and mineralization...Read More

Black Tusk Resources chooses 18 sites on its Quebec property for further follow-up. Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) announced in a news release "the company's professional geoscientist and consultants have been reviewing the results of the magnetometer survey, as well as all other available data for the project, in order to plan future exploration on the property." Th...Read More

To underscore the volatility of this past week, consider the price action in Silver.  Silver, days ago, had a chance to make its highest monthly close since October 2016. That is well over three years ago. Silver closed the week and the month at its lowest levels in six months. One week, precious metals (specifically gold stocks) are on the cusp of a historic breakout, and the next, they are...Read More

Last week’s market activity was another reminder that not allprecious metals investments are created equal.Investors worried about a virus outbreak and watching the bloodbath on Wall Street rushed to buy coins, rounds,and bars.As one of the largest and most respected U.S. dealers, MoneyMetals saw the biggest surge of buying activity in years. Clients bought thephysical metal a...Read More