Recent News

Gold Explorer Hits Deepest High-Grade Intercept in Red Lake Project Zone

May 09, 2019 / www.theaureport.com

The company finds this particular target increasingly compelling each time it drills. Great Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTC) announced in a news release new drill results from the Dixie Hinge and other zones at its Dixie gold project in Ontario's Red Lake District. Generally, the 28-meter (28m) and 100m stepdown drill holes along the projected plunge and dip of two high-grade gold tren...Read More

Flagship Montana Project Demonstrates Thick Polymetallic Intercepts

May 09, 2019 / www.theaureport.com

Drill and sample results demonstrate the presence of Platreef-style grade and potential bulk tonnage scale. Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) announced in a news release further 2018 drill results from Iron Mountain, located on the east side of its Stillwater West project in Montana."The Iron Mountain target includes some of the most compelling examples to date of the pote...Read More

Gold Miners' Strength - What If It Isn't Just a Bluff? / Commodities / Gold and Silver Stocks 2019

May 09, 2019 / www.marketoracle.co.uk

Thestock market took a dive, and gold with silver barely moved higher. Miners hadlittle reason to rally, especially that they have been underperforming gold formany days now. And yet, gold stocks and silver stocks moved visibly higher.What if it isn’t just a bluff? What if it’s the first sign that the near-termbottom is already in? Well,if this is the case, then the upside for the mine...Read More

Gold Market Investors Subliminal Capitulation / Commodities / Gold & Silver 2019

May 09, 2019 / www.marketoracle.co.uk

Sector expert Michael Ballanger suggests investors "never underestimate the replacement power of stocks within a Fed-induced credit bubble" and provides other observations on the markets. Looking back at the events of last week, the S&P 500 finally took out the October highs at 2,941 intraday, making the 2018 bear market one of the shortest on record at 93 days (Sept. 21–Dec. 2...Read More

New Federal Legislation Requires Full Audit of America's Gold Reserves / Commodities / Gold & Silver 2019

May 09, 2019 / www.marketoracle.co.uk

U.S.Representative Alex Mooney (R-WV) introduced legislation this week to providefor the first audit of United States gold reserves since the EisenhowerAdministration.The Gold Reserve Transparency Act (H.R. 2559) – backed bythe Sound Money Defense League and government accountability advocates –directs the Comptroller of the United States to conduct a “full assay,inventory, and a...Read More

Precious Metals Update Video: Do we get a trade deal?

May 09, 2019 / news.goldseek.com

By: IRA EPSTEINI don't see them giving them more time - this is a big event..Gold is going so far nowhere. There is so much uncertainties in this market:Read More

New Federal Legislation Requires Full Audit of America's Gold Reserves

May 09, 2019 / news.goldseek.com

Washington, DC (May 8, 2019) - U.S. Representative Alex Mooney (R-WV) introduced legislation this week to provide for the first audit of United States gold reserves since the Eisenhower Administration.The Gold Reserve Transparency Act (H.R. 2559) - backed by the Sound Money Defense League and government accountability advocates - directs the Comptroller of the United States to conduct a "full...Read More

My Ugly Price Targets for Lyft and Uber Shares

May 09, 2019 / news.goldseek.com

Three weeks after I projected a fall to 53.60, Lyft has touched that number and gone as low as 52.78. The stock will have another chance to pick up support slightly below, at 52.27, a midpoint Hidden Pivot, but a decisive breach would put a 41.54 target in play. That would represent a 53% drop from the opening day high of 88.60 and a 21.5% drop from the current price of 52.90.Uber is unlikely...Read More

Asian Metals Market Update: May-09-2019

May 09, 2019 / news.goldseek.com

Over the past two years, direction of a nation's currency has had a bigger impact on gold, silver and all metal prices. Gold and silver have been trading in a wider range. Winning bets are those who are able to correctly forecast the trend of their national currencies. Gold and silver are not rising (in US dollar quote) despite all the positive factors. Central banks are buying gold. There is tr...Read More

Chow Tai Fook Jewellery Group establishes North American hub.

May 09, 2019 / www.idexonline.com

Chow Tai Fook (CTF), Hong Kong's leading jewellery corporation, announced it has established Chow Tai Fook North America (CTFNA) in Boston, MA. CTF said in a statement that its new "business hub" in North America is "positioned to be a leading, single source wholesaler by delivering products, services and know-how especially on technological innovations that help drive profitability and stren...Read More

Dubai Diamond Exchange to hold first tender of LGDs

May 09, 2019 / www.idexonline.com

The Dubai Multi Commodities Centre (DMCC) announced it will host the first-ever rough laboratory-grown diamond (LGD) tender at its Dubai Diamond Exchange (DDE) in Almas Tower, Dubai, United Arab Emirates (UAE). The tender is "in line with DMCC's strategy to attract, facilitate and drive new trade flows through Dubai," the DMCC said in a statement. Organised and managed by Tony's Auction Worl...Read More

AWDC to mark centennial of Tolkowsky round brilliant cut

May 09, 2019 / www.idexonline.com

The Antwerp World Diamond Centre (AWDC) announced it will celebrate the centennial of the "Tolkowsky cut," the famous round brilliant diamond cut that has set the global standard for quality diamond cutting. On May 27, AWDC will mark this milestone with a major event in Antwerp's diamond district. It will stage an event called "100 Years Brilliant" and also hold a street festival. Tolkowsky, a sci...Read More

Copper and gold output upped by record throughput through Nugget Pond facility

May 09, 2019 / www.mining-journal.com

Altech ticks boxes on path to production SPONSOREDaltech chemicalsRambler's shares (AIM:RMM) jumped 40.91% Thursday to 3.88p (US5.Read More

Tech Talk for Thursday May 9th 2019

May 09, 2019 / www.timingthemarket.ca

U.S. equity index futures were lower this morning. S&P 500 futures dropped 22 points in pre-opening trade. Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for Weekly Jobless Claims was a drop to 220,000 from 230,000 last week. Actual was a drop to 228,000. Consensus for April Producer Prices was an increase of 0.2% versus a gain of 0.6% in Ma...Read More

Could Your Age Cost You Your Job?

May 09, 2019 / dailyreckoning.com

If you're over 50, chances are the decision to retire won't be yours. A new data analysis by ProPublica and the Urban Institute found that more than half (56%) of U.S. workers over 50 have been fired, forced to retire early, or pushed out of their jobs before they were ready to retire.What's more, one third of these pushed-out workers go on to be fired from two or more jobs before leaving the work...Read More

Proposed legislation by Rep. Grijalva in US a 'disaster in the making', says AEMA

May 09, 2019 / www.northernminer.com

The American Exploration & Mining Association (AEMA) has made the following statement in response to the Subcommittee on Energy and Mineral Resources Hearing discussing Rep. Ra??l Grijalva's (D-Ariz.) Hardrock Leasing and Reclamation Act of 2019:The sweeping changes in Rep. Grijalva's legislation are unnecessary and a disaster in the making for the domestic mining industry and for America.The fact...Read More

YMP launches 10 more scholarships totalling $44K, including inaugural Northern Miner scholarship

May 09, 2019 / www.northernminer.com

The Young Mining Professionals (YMP) is bumping up its YMP Scholarship Fund for the 2019-20 academic year for students in mining-related university programs in Canada.The YMP Scholarship Fund is a a registered charity that donates 100% of its receipts to students via this scholarship program, and is eligible to offer tax receipts to its donors. These latest scholarships are being funded by Barrick...Read More

Monarch Gold buys Unigold shares

May 09, 2019 / www.northernminer.com

Quebec-focused Monarch Gold (TSX: MQR; US-OTC: MRQRF) is taking a 14.2% stake in Unigold (TSXV: UGD), whose Nieta project in the Dominican Republic has an open-pit inferred resource of 39.49 million tonnes grading 1.59 grams gold per tonne for 2 million oz. gold.Monarch has acquired a block of 6.5 million Unigold shares from an investor at a price of 11.5 ? per share for $747,500, payable by the i...Read More

India's golden future

May 09, 2019 / www.mining-journal.com

White Gold Corp a force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corpWill Indonesia abandon its plan to ban bauxite exports?SPONSOREDverisk maplecroftQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumAltech ticks boxes on path to production SPONSOREDaltech chemicalsLast week's ‘From the Capital' column described gold as the most disappointi...Read More

Keiser Report: #DropGold: Peter Schiff Responds (E1381)

May 09, 2019 / www.youtube.com

In this episode of the Keiser Report, Max and Stacy discuss the end of recessions as central bankers vow to use whatever monetary weapon they can invent to fight for the right for all companies to exist forever, no matter how bad their business plan is. Also, the Netherlands discovers the Cantillon Effect and finds evidence for it: low interest rates and easy money increase the wealth and income g...Read More

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