Dear Rich Lifer,With the first few days of fall past us, chances are good you're thinking ahead to the holiday season. Whether you love the joy the season brings, or mostly just dread the looming credit card bills that come after the fact, it's coming up fast.Fortunately, if you like to save big when you're shopping for thoughtful presents for everyone on your list, Black Friday is coming up, too....Read More
Norilsk Nickel (US-OTC: NILSY) plans to boost spending on new projects over the next decade to increase production and capitalize on the growing electric car trend, but investors may need to brace for lower dividends down the road.The Russian metals and mining company currently pays out 60% of its earnings before interest, tax, depreciation and amortization as dividends to shareholders, making it...Read More
This episode features a fireside chat between Kirkland Lake Gold president and CEO Tony Makuch and Northern Miner group publisher Anthony Vaccaro at the Progressive Mine Forum in Toronto on Oct. 16. Makuch discusses the use of electric vehicles and battery technology at the company's Macassa mine in northern Ontario, the importance of profits over scale, and how to relate to millennials in the wor...Read More
Australia's Evolution Mining (ASX: EVN) has agreed to buy Newmont Goldcorp's (TSX: NGT; NYSE: NEM) Red Lake complex in Ontario for US$375 million in cash and contingent payments of up to an additional US$100 million tied to new resource discoveries.Evolution has committed to invest US$100 million on the existing operations and another US$50 million on exploration over three years.The underground g...Read More
Weekly Reports |Nov 26 2019Despite caution surrounding Iran sanctions waivers, and other ongoing uncertainties, the spot uranium price last week reached US$26.00/lb for the first time in eight months.-Spot uranium hits eight-month high-One waiver on Iranian sanctions terminated-Buying continues unabatedBy Greg PeelLate last month the White House extended for ninety days waivers on Iranian sanction...Read More
The impacts felt by the week-long strike resulted in costly disruptions for Canadian mining companies, many of which incurred significant impacts over the past seven days, including lost sales and customers.Given the mining industry is the most significant customer of Canada's Class I railways, consistently accounting for most (52.3% in 2018) of its rail freight revenues generated annually and is...Read More
Join Greg Hunter as he goes One-on-One with Catherine Austin Fitts, the publisher of The Solari Report found on Solari.com. Catherine Austin Fitts is a former Wall Street investment banker, macroeconomic expert and publisher of The Solari Report https://solari.com/.Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Turns out that many companies who seek to embrace equality by any means could actually be doing their shareholders a disservice. But hey, we thought equality of outcome was a Continue...Read More
Frank Holmes CEO and Chief Investment Officer of U.S. Global Funds, talks about owning gold and provides some advice in efficient portfolio construction.Frank Holmes is the CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds specializing in the natural resources and emerging markets secto...Read More
Bob Moriarty of 321gold provides an update on the company's recent exploration results. White GoldI called for a pop in the price of White Gold Corp. (WGO:TSX.V; WHGOF:OTCMKTS) when I wrote about them two weeks ago. We got it. The shares were $0.77 when I wrote and went as high at $0.99 in short order.I compared WGO to Great Bear and in my view stated that I thought White Gold was better. In a re...Read More
(IDEX Online) - An auction of polished diamonds manufactured by Alrosa and held in New York has generated revenue of $4.8 million. The auction was organized by Diamonds of ALROSA, the company's cutting and polishing division.The company sold 255 polished diamonds with a total weight of 435 carats, or 80 percent of all the stones on offer. This included 73 fancy colored diamonds and nine...Read More
HARARE – Zimbabwe’s mining industry has appealed to the government for help, saying output is slumping as the state-owned power company fails to honour electricity-supply contracts.Zesa Holdings has broken its promise to “ring-fence” supplies to miners, Zimbabwe’s Chamber of Mines wrote in a letter last week to Finance Minister Mthuli Ncube. With some companies lackin...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 5 points in pre-opening trade. Equity index futures moved slightly higher following release of economic news at 8:30 AM EST. Consensus for October Durable Goods Orders was a drop of 1.0% versus a decline of 1.2% in September. Actual was an increase of 0.6%. Excluding transportation orders, consensus for October Durable...Read More
Nov 28, 2019 Guest(s): Chen Lin Founder, ChenPicks.com While the U.S.-China trade conflict has been driving gold higher, Chen Lin said the riots in Hong Kong could also spur precious metals to new heights.Lin spoke to Kitco at the Metals Investor Forum held earlier this month. Chen Lin is a newsletter writer for CHEN's Stock Picks.Chen said Mainland China takes advantage of Hong Kong's free trad...Read More
Nov 28, 2019 Guest(s): Jeff Clark Producer, BIG GOLD Ballooning debt has not yet exploded, and the debt to GDP ratio keeps expanding, and this eventually will drive gold prices much higher than current levels, said Jeff Clark, senior precious metals analyst at GoldSilver.com. "There are a lot of catalysts that have pushed gold to where they are now. We broke through that $1,400 ceiling and now t...Read More
The precious metals sector remains in a correction. The miners have shown some positive signs but are not ready to move yet because the metals likely have more correction ahead.Continue...Read More
The trade war with China continues to dominate headlines.Yet there is no depth to it. It focuses on the short term, like the so-called "Phase One" deal.Never mind that there is no actual "Phase Two" to mention. Or that it is just a slight rollback even if it goes ahead.Even less mentioned are the other facets in play: Chinese ambitions in the South Pacific, economic capture through debt owed to Ch...Read More
Where is the real estate market really headed? Harry Dent joins us in a special interview this week to discuss the sector he warns people about the most, even if they choose not to listen. Continue...Read More
"We remain concerned that some people wrongly think that the myriad of CBD products on the market, many of which are illegal, have been evaluated by the FDA and determined to be safe, or that Continue...Read More