Last week we wrote that near-term risk in precious metals (Gold and GDX especially) was rising and a correction could begin soon.As Gold nearly reached major resistance at $1550/oz, the miners already began to correct. That negative divergence is an ominous signal for the sector in the short term.However, the good news is, at least at present, Gold remains very strong in real and intermarket terms...Read More

Bob Moriarty ArchivesAug 20, 2019I firsttalked about Blackrock in March of last year. They had done a deal withCarl Pescio on what they call the Silver Cloud gold project. The project is next to the high-grade Hollister Gold Mine and near the high-grade Midas mine in Northern Nevada.The district is well known for bonanza grade intercepts in vein systems. 8,000 meters of prior drilling fifteen year...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comAug 20, 2019 More powerful money managers are stepping forward to recommend gold in a negative real rates environment. Please click here now. The focus of these elite money managers and analysts is mainly on bullion. Many of the more speculative junior miners that trade on the CDNX have ye...Read More

North American market futures were looking positive but European futures were pointing to a negative start at the time of writing.Economic bellwether copper closed up 0.45% on the London Metal Exchange yesterday.Mining equities gained in London yesterday, led by Glencore's (LSE: GLEN) rise of 3.81%.In Toronto, junior GoWest Gold (TSXV: GWA) had a good day out, gaining 80.77% as it reported reachin...Read More

The company drilled 2,357m in 16 diamond drill holes at the near-surface Tom North exploration target with highlights including 22.5m grading 6.13% zinc and 0.95% lead. The results confirmed the target has potential to be mined in an openpit, which the company believes will improve overall preliminary assessment (PEA) economics of the project."With these positive first drill assays now in, we look...Read More

The umbrella name will be adopted by the ASX-listed vehicle, which merged with Barminco last year, and will sit above its mining and investment business units such as Barminco, African Underground Mining Services, and its logistics and supply arms. The Ausdrill legacy will continue as its Australian surface drilling operations. Herpetologists and naturalists might recognise the new name...Read More

Millrock Resources Inc. (TSX-V: MRO) is a project generator company, focused on gold and copper in Alaska, USA, and Sonora, Mexico. We learned from Gregory Beischer, President and CEO of Millrock Resources, that their key projects currently are the large copper porphyry project, called Batamote, in Sonora, Mexico, and the Chisna project in Alaska. Of particular note is a new strategic acquisition...Read More

I am getting old. Perhaps I drank too much on vacation - those umbrella drinks at the tiki bar were brutal in hindsight. An honest Scotch is a better, more pure libation. Scotch will tell you right up front what it is about. There is no pussyfooting around like you'll find in pink drinks near the water.There is something about toes in the sand and girls in bikinis that makes the mind go soft. Perh...Read More

Gold Standard Ventures Corp. (NYSE AMERICAN: GSV, TSX: GSV) is an advanced stage gold exploration company focused on district scale discoveries on its Railroad-Pinion Project, located within the prolific Carlin Trend in Nevada. We learned from William Gehlen, manager of corporate development of Gold Standard Ventures Corp., that currently they are advancing three high-grade deposits, within the Ra...Read More

David Haggith Let me help remove the rose-colored glasses for anyone who still thinks GDP this year is good. First, GDP growth in the first quarter was not "great" as I've heard some claiming. It was, by US historical standards, mediocre. Second, the biggest tax cuts in history only got us down to 2.9% GDP growth for 2018. GDP growth had been pegged originally around 3.1%, but that was revised...Read More

By: Ira EpsteinGold in a drift. Long-term, nothing bearish. The miners are different..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

The global economy is about to collapse into a depression worse than that of the 1930s, and its roots are deeper than trade wars, this according to Gerald Celente, publisher of The Trends Journal. "It's one big scam, it's ready to blow apart, it has almost nothing to do with trade wars and tariffs," Celente told Kitco News. The "Greatest Depression," as Celente calls it, will likely strike after t...Read More

The word "recession" has been thrown around a lot lately, putting many investors on edge. Robert Shiller, professor of economics at Yale University and co-founder of the Case-Shiller Index, and CNBC's senior markets commentator Mike Santoli, join "Squawk Box" to discuss the best metrics of investor sentiment.Robert Shiller is an American economist, academic, and best-selling author. He currently s...Read More

Frank says gold is definitely in an uptrend and discusses how the global PMI manufacturing index peaked last year. The PMI index has a pretty good correlation with economic activity, commodities, and energy. The trade war has exacerbated the decline in the PMI.Thirty percent of all government bonds around the world are going negative. We are due for a recession and governments are merely trying to...Read More

The "conspiracy" surrounding Mr. Epstein's death continues to get weirder and weirder. Continue...Read More

People are convinced that an INVERTED YIELD CURVE foretells of a recession. They have no idea about capital inflows. Even in Thailand, which has benefited greatly from theContinue...Read More

Continue...Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has se...Read More

Consider this chart of the SPX (S&P 500) over the past two years: take a look at the relative steepness of each of the red lines (rallies), the duration of each rally (purple lines), theContinue...Read More

"It is simply not possible to prepare for such tests in a few weeks or a few months. This ...shows that it was not Russia, but the United States with its actions that brought theContinue...Read More