Compa??ia de Minas Buenaventura S.A.A. (NYSE: BVN; Lima Stock Exchange: BUE.LM) is Peru's largest, publicly traded, precious metals company and a major holder of mining rights in Peru. Buenaventura currently operates several mines in Peru: Tambomayo, Orcopampa, Uchucchacua, Julcani - all wholly owned, as well as joint ventures: El Brocal, La Zanja and Coimolache. Buenaventura owns 43.65% of Minera...Read More
Yesterday, after the Senate confirmed him as the next energy secretary, Dan Brouillette said that Trump told him to figure out a way to boost coal.So basically, the president has instructed someone in his administration to intervene in energy markets - once again - to try to breathe life into something that is no longer economically relevant.The flood of natural gas and rapid integration of renewa...Read More
We've come to that special time of year again.. Energy and Capital editor Keith Kohl digs into the OPEC+ meeting that is set to take place tomorrow and questions whether the choice to cut or pump oil has already been made.For most, the month of December conjures images of stockings, trees, and presents.I think of OPEC.Around this time every year, its members get together and coordinate with one an...Read More
Dave Kranzler, Mining Stock Journal"The Fed first tried to justify the loans by saying they were a short-term measure to stem a liquidity crisis. But the so-called "liquidity crisis" has not prevented the stock market from setting new highs since the loan operations began on September 17. And the short-term operation has been running every business day since that time and is currently scheduled...Read More
Craig Hemke, TF Metals ReportTwo years ago, following a surge in the use of "Exchanges For Physical" by traders at the COMEX, Eric Sprott asked me to begin tracking and recording the daily totals for this practice as posted by the CME. It's time for an update.First, let's attempt again to discern what the heck an "exchange for physical" really is, because the truth of the matter is, no one reall...Read More
By: Ira EpsteinGold had a big rally and getting up to key resistance spots. Lots of Tariff news:Read More
Relations between USA-China is moving from bad to worse. USA is interfering with Chinese sovereignty be it Hongkong or the South China Sea or Chinese dealing with Muslim minority. Gold and silver will remain firm as a result of this. Correction will be there if various US jobs numbers (release begins from today with November private ADP) beat street expectations. U.S. President Donald Trump warn...Read More
Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.Read More
Alasdair Macleod explains that depression conditions and illusions of prosperity may continue to exist with unsound money and central banking determination to maintain prices.Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. Read More
Poland just took back $5 billion of gold that was being held for it in London. Is that a sign of things to come? Signs of stress. Probably an important development. An unknown speculator bet $1.75 million on gold hitting $4k per ounce at a point in the future. The latest global debt number came out at over $250 trillion. Central banks are starting to act on the fear of an impending credit bust.Joh...Read More
Journalist and book author Michael Snyder says says no China trade deal will cause the stock market to "lose hope for the future." Snyder predicts stocks will "fall at least back to its long term averages, which is 40% to 50% lower than stocks are today."Join Greg Hunter as he goes One-on-One with Michael Snyder, creator of TheEconomicCollapseblog.com.Read More
Baltimore Mayor Bernard C. "Jack" Young warned in an interview this week with WBAL News' Vanessa Herring that a white van has been running around the city targeting young girls for their organs, reported The Baltimore Sun.Continue...Read More
While our neighbor to the north has but a fraction of the US's population, what happens there is important here as well. Miami's real estate market is near collapse and hedge funds are taking a hit. What's happening in Canada is no different than what's happening here. Nonetheless, the migration from North to South continues on unabated.Portfolio Manager, attorney, finance author, a regular guest...Read More
Despite dozens of tweets and sound bites saying otherwise, President Trump is reportedly considering sending thousands of more troops to the Middle East. Continue...Read More
"He's two-faced...I find him to be a very nice guy but the truth is I called him out on the fact that he's not paying 2% (of GDP on Canada's defense budget) and I guess he's not very happy about it."Continue...Read More
? + Gold is flowing to strong hands in safer forms of gold ownership, in safer jurisdictions? + Gold and silver bullion coins and bars owned by GoldCore's clients have been moved from Hong Kong to Singapore? + Central bank and institutional gold rush is beginning as prudent money diversifies fx reserves by buying gold & repatriates their gold from London and New York? + Central banks are repatriat...Read More
The company will use the proceeds to explore its Nevada asset. Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) announced in a news release it closed the sale of its Yarumalito gold project in Colombia to GoldMining Inc.The divestment afforded Newrange undiluted funds for exploring its flagship Pamlico project in Nevada and a 1% net smelter return (NSR) royalty on Yarumalito. The transaction also "pave...Read More
The $6 million facility is available to the Vancouver-based firm until Nov. 29, 2021. Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQB) announced in a news release it closed the transaction for a $6 million revolving line of credit from a company controlled by Eric Sprott, 2176423 Ontario Ltd.The Canadian royalty firm intends to use the financing primarily to acquire additional producing or near-p...Read More
In the arrangement, the company will garner a 1% net smelter return royalty. Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) announced in a news release it agreed to sell its 79.1% interest in the Kinsley Mountain gold project in northwest Nevada to Barrian Mining for a total consideration of $7.5 million.Liberty Gold will receive the purchase price from Barrian in three tranches over two years. The fi...Read More