Name King Ck Actor / Comedy /Youtuber /somali social media Pls Subscribe Like & ShareFadlan Haka ilaawin InaadDhahdo Share Like & CommentRead More
Avertissement: En Fran??ais un point d'interrogation n'est PAS une affirmation.CORONAVIRUS: PAQUE 2020: LA DERNIERE PLAIE D'EGYPTE - Allan RichPour la premi??re fois depuis l'instauration de Paque (Pesach) par Dieu il y a 3500 ans le monde entier est confin?(C) et se trouve dans la m??me situation que les Isra?<
The COVID-19 pandemic is wreaking havoc on the economy. Very few industries are able to weather the storm. Even gold stocks aren’t immune, which has investors perplexed. Despite significant volatility, however, the price of gold is flat over the past month. In comparison, the iShares S&P/TSX Global Gold Index ETF (TSX:XGD) has lost approximately 8% of its value. Although much better...Read More
How cheap is silver?Well, if you’re measuring it against gold, silver has never been this cheap. The gold/silver ratio recently exploded past 120. Theoretically, that means you could buy 120 ounces of silver for one ounce of gold. An average gold/silver ratio is about 70, and it has been as low as 15.120 is unheard of. This has never happened in all of human history.If silver prices rise, I...Read More
Image courtesy of Seabridge Gold Seabridge Gold (TSX: SEA)(NYSE: SA) posted a net loss of $11.6 million ($0.19 per share) in 2019 compared to a loss of $19.9 million ($0.34 per share) in the previous year, the company stated in its year-end financial release on Friday.During 2019, Seabridge invested $30 million in mineral interests, primarily at its KSM project, compared to $37 million in 2018. T...Read More
Open pit at Constancia. Photo by Hudbay Minerals. The collapse of the copper price and the containment measures taken for the coronavirus pandemic are posing a significant risk to global copper mine supply and project development, Nick Pickens, research director at Wood Mackenzie said in a note this week.Day-by-day, mining companies are announcing revised plans to comply with new restrictions. "F...Read More
Natalka gold mine (Image: Polyus.) Polyus announced that, in cooperation with the Far East Development Fund ("FEDF"), it will co-found a fund to finance activities aimed at preventing the spread of covid-19 in the Russian Far East. The size of the fund is expected to reach RUB 1 billion (about $12 million) reflecting donations from different parties.FEDF and Polyus will donate a total...Read More
Eric Sprott is renowned for his investments in the Canadian gold junior market. Image from archives. Orefinders Resources (TSXV: ORX) has closed the flow-through portion of its previously announced private placement for aggregate proceeds of approximately C$619,000. Upon closing, the company issued about 8.84 million units at a price of C$0.07 per unit, where each unit consists of one common shar...Read More
Image source: Caterpillar Inc. Caterpillar (NYSE: CAT) announced this week that the continued spread of covid-19 is starting to impact its supply chain. Caterpillar said it is continuing to run the majority of its US domestic operations and plans to continue operations in other parts of the world but is temporarily suspending operations at some facilities in affected areas. In February, Caterpill...Read More
Bob Moriarty ArchivesMar 27, 2020We have entered a depression that is going to turn our world upside down. Before it ends the general stock market will be down 85-92%, banks will close and governments fall. People still do not realize the impact of the Coronavirus. It will kill tens of millions of people in the world before it fades away. It will change how we physically interact with each other.T...Read More
First up, the slump in the Aussie dollar from last (calendar) year's average of US69c to below 60c has softened the blow of mineral commodity price falls (gold is a reserve asset and is doing its ownRead More
The company, which recently had to ensure the market it had no ticking debt time bomb lurking in its accounts, said the decision was made to maximise its liquidity in the uncertain age of COVID-19. The dividend pause was considered a prudent measure, and follows other companies in the mining contracting space including Perenti Global, Downer EDI, Lycopodium and Austin Engineering. ...Read More
Shares in the gold miner lost 15% Thursday after it deferred the payment of its interim dividend and withdrew full-year guidance due to the impacts of the outbreak.Read More
The demand for precious metals has hit fever pitch amid economic uncertainty and price volatility as millions around the world awaken the gold bug within.But there's one big problem: delivery.Social distancing, business closures, government lockdowns, and grounded airplanes are significantly disrupting gold's global supply routes. And it has resulted in long shipping delays, low inventories, canc...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 317,40535,48950,438154,761456,470522,604542,397 Change from Prior Reporting Period -18,885-1,270-3,626-28,187-54,782-50,698-59,678 Traders 18073785254268172 Small Speculators LongShortOpen Interest 51,32131,528573,925 -8,847133-59,545 non reportable posit...Read More
Dear Friend of GATA and Gold:What the heck are those mysterious "exchange for physicals," the mechanisms by which contracts to buy gold on the New York Commodities Exchange are neither fulfilled by delivery on the Comex nor settled for cash there but transported for supposed delivery elsewhere?The mechanism long has been incorporated by the Comex trading system but was described as an "emergency...Read More
Steve St. Angelo, SRSrocco Report There's more evidence finally surfacing in the media of the dire energy predicament the world is now facing. The negative ramifications of peak oil and the falling EROI were going to hit the world economy within the next 2-5 years, but the global contagion has sped up the process considerably. Unfortunately, the world will never return back to the energy co...Read More
Dave Kranzler, Mining Stock JournalThe Government and the Federal Reserve are exploiting the virus crisis to implement another bailout - or attempted bailout of the "Too Big To Fail Banks." The stimulus Bill approved 96-0 by the Senate gives the Fed a $454 billion taxpayer funded "slush fund" for Wall Street bailouts. Just as troubling, the Bill suspends the Freedom Of Information Act for the...Read More