David SmithIn late December 2019, a bill from the German finance ministry - which had passed the lower legislative house - proposed lowering the "anonymous purchase limit" for precious metals from EUR10,000 to EUR2,000 (about $2,200), a reduction of 80%.At the current price, one could buy less than one and one-half troy ounces of gold without activating customer ID paperwork, and for businesses...Read More
Steve St. Angelo, SRSrocco Report The majority of precious metals investors do not understand the important fundamental factor to acquire and hold gold and silver. While most precious metals analysts promote investing in gold and silver due to the highly leveraged money supply, debt, and derivatives, they fail to warn about the "Energy Impact Factor." In my newest video update, The Amazing...Read More
By: Robert LambourneSince May 2019 the Bank for International Settlements, which represents most central banks, has increased its use of gold swaps and other gold-related derivatives from an estimated 78 tonnes to an estimated 313 tonnes as of December 2019.The bank's total gold swaps and derivatives stood at 250 tonnes in November 2019.The BIS uses gold swaps and other gold derivatives to gain...Read More
Dave KranzlerThe total US market valuation at $33.9 trillion is 157.4% of the last reported GDP. It's the highest market valuation ever. The more the policy-makers try to pump and jawbone the market higher, the worse the consequences will be on the downside when the rug is pulled out from under stocks. The trigger could be anything. Eventually the market will acknowledge and accept the fact th...Read More
By: Ira EpsteinGold higher lows and higher highs. $1,567.90 key short-term support. 18-dma at $1,568+Read More
Bob Moriarty of 321gold discusses a junior explorer that has taken on two major gold properties in Nevada. In every precious metals cycle there comes a time where a company has good assets but for one reason or another has failed to garner traction and has to pretty much give away projects. That point came for Canarc (CCM-V) last year. They pretty much gave away a high-grade gold project with ove...Read More
An operations update on one of the company's projects is provided in an Echelon Wealth Partners report. In a Jan. 28 research note, analyst Ryan Walker reported that Echelon Wealth Partners raised its target price on Pure Gold Mining Inc. (PGM:TSX.V; PUR:LSE) to CA$1.35 per share from CA$1 after updating gold price and forex assumptions in its model on the company. The company's shares are curren...Read More
Following up on some of our recent metals research, we wanted to alert our friends and followers to the incredible opportunity that still exists in Silver. We’ve highlighted two of our more recent articles for reference and review, below. Silver continues to be one of the most incredible opportunities for 2020 and Silver Miners (SIL) could explode to the upside as the price of Si...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 376,40146,30986,056192,300553,114654,757685,479 Change from Prior Reporting Period 1,608-10,789-55,418-20,145-11,234-73,955-77,441 Traders 22856825857311180 Small Speculators LongShortOpen Interest 60,78230,060715,539 -4,335-849-78,290 non reportable posi...Read More
The US stock markets dramatically surged mostly in a straight line since mid-October. This extraordinary rally started when the Federal Reserve announced it would resume expanding its balance sheet for the first time in years. The deluge of new liquidity from that quantitative-easing bond buying has again acted like rocket fuel for stock markets. After shooting vertically they are in real...Read More
David SmithIn late December 2019, a bill from the German finance ministry - which had passed the lower legislative house - proposed lowering the "anonymous purchase limit" for precious metals from EUR10,000 to EUR2,000 (about $2,200), a reduction of 80%.At the current price, one could buy less than one and one-half troy ounces of gold without activating customer ID paperwork, and for businesses...Read More
Steve St. Angelo, SRSrocco Report The majority of precious metals investors do not understand the important fundamental factor to acquire and hold gold and silver. While most precious metals analysts promote investing in gold and silver due to the highly leveraged money supply, debt, and derivatives, they fail to warn about the "Energy Impact Factor." In my newest video update, The Amazing...Read More
By: Robert LambourneSince May 2019 the Bank for International Settlements, which represents most central banks, has increased its use of gold swaps and other gold-related derivatives from an estimated 78 tonnes to an estimated 313 tonnes as of December 2019.The bank's total gold swaps and derivatives stood at 250 tonnes in November 2019.The BIS uses gold swaps and other gold derivatives to gain...Read More
Dave KranzlerThe total US market valuation at $33.9 trillion is 157.4% of the last reported GDP. It's the highest market valuation ever. The more the policy-makers try to pump and jawbone the market higher, the worse the consequences will be on the downside when the rug is pulled out from under stocks. The trigger could be anything. Eventually the market will acknowledge and accept the fact th...Read More
By: Ira EpsteinGold higher lows and higher highs. $1,567.90 key short-term support. 18-dma at $1,568+Read More
SD Friday Wrap: Gold is relieving the symptoms right now, but very soon the people will realize that if they want the cure, then it's found in silver...Experience.Street-cred.Been there, done that, got the dang shaft.Or whatever it is that they say?Been around the block?Oh yeah, that too.Indeed I have.Let's see.Now.Here's an example - cars and trucks.I like driving them, and I like owning them.We'...Read More
Aim-listed Sylvania Platinum reached a new record interim production of 40 003 oz of platinum, palladium, rhodium and gold (4E) platinum group metals (PGMs) for the six months ended December 31, despite power disruptions and downtime during the last quarter of the interim period. The company’s production for the quarter ended December 31 was 19 206 4E PGM ounces.AdvertisementT...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesWhile admitting the past year was challenging, the company's gold production of 470,601 ounces was smack in the middle of its revised guidance, reduced from 500,000-550,000oz to 460,000-480,000oz.Read More
Mr. Vialoux is scheduled to appear by conference call on Michael Campbell's radio show broadcast this Saturday, February 1st at approximately 9:00 AM Vancouver time (Noon Toronto time). Contact through the internet is www.CKNW.comPre-opening Comments for Friday January 31stU.S. equity index futures were lower this morning. S&P 500 futures were down 14 points in pre-opening trade.Index fu...Read More
Sales of electric vehicles (EVs) are likely to hit 3 million this year, but should skyrocket to between 21 million and 43 million by 2030, according to a new report from Bank of America."EV sales are expected to take off in the early 2020s when EV costs converge with internal combustion engine vehicles and car manufacturers ramp up production," the bank states in a new report entitled: Emission Im...Read More