Bob Moriarty ArchivesMar 2, 2020Last week provided a glimpse into the future of the stock market. Only a glimpse. It is going to get a whole lot worse.On January 1, I said in an article I titled Beware the Stock Market,“As the Everything Bubble pops, the financial system will destroy most investors because they are unprepared.” Lest my readers misconstrue what I meant, I followed that...Read More

The company had sought A$10 million initially, but said demand from sophisticated and institutional investors was strong. Shares will be issued at 21c each, an 8.7% discount to the last closing price.Read More

He said the drop was mainly driven by gold-focused exploration budget cuts and the lack of reinvigoration of exploration spend in the sector in the 2019 season.North America exploration spending was also impacted by major M&A activity such as that of Barrick Gold and Newmont, with the resultant exploration budgets of the merged companies usually much lower than the combined budgets of the indi...Read More

Today is Monday, March 2, 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 $1,601.85. It's up 1.01% from yesterday and up 23.91%...Read More

Today is Monday, March 2, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Valvoline (NYSE: VVV), ProPetro Holding Corporation (NYSE: PUMP), and Solaris Oilfield Infrastructure (NYSE: SOI).Valvoline (NYSE: VVV)Valvoline (NYSE: VVV) is a $3.641 billion company today with a one-year return of 3.78%. Let's look at its price-to-earnings (P/E) ratio, its ente...Read More

The price of oil took a one-two punch during the first two months of 2020, falling almost 26% year to date.And trading at just over $45 per barrel right now (a 14-month low), crude is a screaming buy.The first factor that sent oil plunging beginning this year was an expected oversupply. Late in 2019, the IEA said global crude inventories were expected to rise regardless of deals between OPEC and i...Read More

PlungerI would like to put out a quick special report to update you on the big picture in light of all of the market turmoil and provide some of the concepts which may suggest where we are going from here.First off I you were reading these reports in the late summer of 2018 I put out a 3-part series on the Post Bubble Contraction (PBC). Well the PBC has now arrived. Of course it was virtuall...Read More

Trade very carefully today. Central banks are all out to prevent a big crash in stock markets. Crude oil and copper are bullish at the moment. I used to write a monthly column for a jewelry magazine in India between 2007 and 2012. (Now I do not write articles for any media other than www.goldseek.com). In one of the articles I had written that gold prices will crash when human's survival is ques...Read More

Bob Moriarty of 321gold makes the case for silver and profiles a company with a storied silver project in British Columbia's Golden Triangle. Dolly VardenAs I write the ratio of silver to gold is about 96-1. It takes 96 ounces of silver to buy one ounce of gold. As the magnificent Steve Saville has just pointed out the ratio is within five percent of the highest it has ever been in history. Once...Read More

Sector expert Michael Ballanger charts tumbling markets amid the scare of a coronavirus pandemic. (Peniaphobia: fear of poverty)This weekend, newsletter writers the world over are scrambling to explain to their paid subscribers why they are now showing losses in portfolios that were supposed to be showing gains, and especially because it was only two weeks ago that the S&P 500 hit all-time highs...Read More

MacDonald Mines Exploration reports strong start to its definition drilling in northern Ontario. In a news release, Macdonald Mines Exploration Ltd. (BMK:TSX.V; MCDMF:OTCMKTS) announced a successful first hole of its 2020 definition drilling in the Scadding deposit's North Pit area on its SPJ property in northern Ontario. That maiden hole, SM-20-026, intersected 59.2 grams per ton gold over 19.07...Read More

The package offers Ely Gold royalty generation and future potential. Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQB) agreed to acquire privately held VEK Associates that owns a portfolio of Nevada properties, it announced in a news release. The deal is expected to close by May 1, 2020."This royalty package has the potential to be of equal or more value to our rapidly growing royalty portfolio an...Read More

PlungerI would like to put out a quick special report to update you on the big picture in light of all of the market turmoil and provide some of the concepts which may suggest where we are going from here.First off I you were reading these reports in the late summer of 2018 I put out a 3-part series on the Post Bubble Contraction (PBC). Well the PBC has now arrived. Of course it was virtuall...Read More

Trade very carefully today. Central banks are all out to prevent a big crash in stock markets. Crude oil and copper are bullish at the moment. I used to write a monthly column for a jewelry magazine in India between 2007 and 2012. (Now I do not write articles for any media other than www.goldseek.com). In one of the articles I had written that gold prices will crash when human's survival is ques...Read More

(IDEX Online) - India's diamond exports are expected to drop by a fifth this year, say forecasters. Coronavirus combined with sluggish global demands, have badly hit the second biggest cutting and polishing country in the world. Total diamond exports in the first nine months of the fiscal year were down 18 per cent year-on-year, according to a report published today by Crisil Ratings, the Mum...Read More

Russian miner Alrosa’s investment committee has approved financing for preliminary engineering studies at the Jubilee diamond mine, to provide up-to-date information to decide on the construction of an underground mine.The Jubilee pipe of the Aikhal division is currently being mined by openpit methods.AdvertisementIn 2019, the company considered technical specifications and decided to start...Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesFinancing risks can be managedSPONSOREDHe said the drop was mainly driven by gold-focused exploration budget cuts and the lack of reinvigoration of exploration spend in the sector in th...Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesFinancing risks can be managedSPONSOREDThe 2020-2030 plan aims to provide a roadmap for the development of the mining sector which will consolidate gains and guide future governments.Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesFinancing risks can be managedSPONSOREDThe focus for 2019 drilling was to infill the in-pit inferred resource in preparation for an update of the 2013 feasibility study, but that result...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesSpeaking as part of a Tethyan-focused panel, Mac Canby, a director for generative exploration at Freeport-McMoran, said the bar was lower for ore in West Tethys - a tectonic belt which extends fromRead More