James' new book is available for pre-order on Amazon and Barnes & Noble: Aftermath: Seven Secrets of Wealth Preservation in the Coming Chaos.Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds...Read More
"It could go either way, and I'm OK either way it goes."Continue...Read More
"Before Trump became president, she was a longtime advocate for free trade, but after he became president, she supported his administration's trade war with China."Continue...Read More
Prices moves in gold, silver and platinum are highly correlated.Continue...Read More
In this interview with Maurice Jackson of Proven and Probable, Jayant Bhandari presents his world view and discusses how it meshes with investment in the precious metals markets. Maurice Jackson: Joining us for a conversation is Jayant Bhandari, the founder of the world-renowned Capitalism and Morality seminar, and a highly sought-out advisor to institutional investors. Mr. Bhandari, welcome to t...Read More
The Critical Investor takes a look at recent news from this Nevada explorer, including the success of its recent oversubscribed CA$1.1M financing.Haldane exploration campAfter Alianza Minerals Ltd. (ANZ:TSX-V) increased the earlier announced CA$750,000 financing to CA$1 million, after it received plenty of interest, this CA$0.05 round eventually closed at CA$1.1 million, which is nothing but succe...Read More
Gold prices have been rising rapidly over the last few weeks and silver has begun to follow. Brien Lundin, editor of Gold Newsletter, in this interview with Streetwise Reports, profiles four junior miners that either have leverage to the metals prices or are sitting on large discoveries. Streetwise Reports: It's been a busy month or two for the precious metals, especially gold. Would you talk abo...Read More
The company's recent production, costs and guidance are reviewed and discussed in this CIBC report. In a July 15 research note, CIBC analyst Cosmos Chiu reported that after a solid Q2/19, Fortuna Silver Mines Inc. (FSM:NYSE; FVI:TSX; FVI:BVL; F4S:FSE) "is tracking to meet or exceed the top end of its 2019 silver production guidance."Specifically, Fortuna's year-to-date silver production is 4,600,...Read More
Divesting of its ownership, the company deems, is a momentous achievement. Golden Arrow Resources Corp. (GRG:TSX.V; GARWF:OTCQB; G6A:FSE) announced in a news release it entered into an agreement to sell its 25% interest in Puna Operations to SRR Mining, its sole joint venture partner in the entity, for CA$44.4 million. The total consideration going to Golden Arrow will consist of CA$3 million in...Read More
The silver market is on the upswing but consolidation could be in the offing, according technical analyst Clive Maund. Some weeks back we had correctly surmised that gold's gathering strength would rub off on silver and cause it to start catching up, so we bought a range of silver ETFs and stocks, a move which has paid off well as they have spiked quite dramatically in the recent past.Starting wit...Read More
In the last one hundred years there havebeen some great silver rallies. Some have been greater than others though.The economic conditions underlying thedifferent silver rallies were not all the same. Obviously those that occurredduring conditions most conducive to silver rallies were the great performers.The coming silver rally could be thegreatest especially since it potentially has most conditio...Read More
It was a huge week for the gold stocks. GDXgained nearly 7% while GDXJ surged over 10%. Gold hit $1450/oz after Thursday beforeselling off Friday. Silver met the same fate on Friday but managed to close theweek up over 6% and at a new 52-week high. Let’s take a look at the current technicals.Gold closed the week just below $1427/oz. If itremains above $1420-$1425, then it is likely to trend...Read More
Jordan Roy-ByrneIt was a huge week for the gold stocks. GDX gained nearly 7% while GDXJ surged over 10%. Gold hit $1450/oz after Thursday before selling off Friday. Silver met the same fate on Friday but managed to close the week up over 6% and at a new 52-week high. Let's take a look at the current technicals.Gold closed the week just below $1427/oz. If it remains above $1420-$1425, then it i...Read More
Expected interest rate cuts by all the central banks is supporting gold at the moment. European central bank is expected to cut interest rates in September. Trade war theme is still there. In short, all the factors are bullish for gold. Investment demand is on the rise with passing of each week. Economic growth news will be the key. Measures (other than interest rate or different forms of quan...Read More
Harvey says we are coming very close to a commercial failure. Here's why...by Harvey Organ of Harvey Organ BlogJULY 22/GOLD UP A TINY 80 CENTS TO $1426.80 BUT SILVER ADVANCES A HUGE 21 CENTS//A MASSIVE 10.56 TONNES OF PAPER GOLD ADDED TO THE GLD/A MASSIVE 8.939 MILLION OZ OF PAPER SILVER ADDED TO THE SLV///FOR THE FIRST TIME EVER TO SILVER ENTERS THE COMEX, NO SILVER LEAVES THE COMEX AND ADJUSTMEN...Read More
Silver has begun trading as it has never traded before, rising even when gold is falling...by Chris Powell of the Gold Anti-Trust Action Committee (GATA)Dear Friend of GATA and Gold:GoldSeek Radio's Chris Waltzek last week interviewed GATA Chairman Bill Murphy, who says silver has begun trading as it has never traded before, rising even when gold is falling. But retail investors, Murphy adds, stil...Read More
The location of the Triple R deposit on the rim of the Athabasca Basin. (Image: Fission Uranium)SASKATCHEWAN - Fission Uranium of Kelowna, B.C., is looking at an underground only option for mining its Patterson Lake South property on the southwest edge of the Athabasca Basin. Potential benefits of such a plan include low operating costs, lower capex and reduced construction time - all of which add...Read More
RAPAPORT... Tango Mining sold a 19.87-carat rough diamond for $4,358 percarat, one of a number of high-value stones up for tender from its Oena projectin South Africa. The miner sold 230 stones totaling 531.82 carats from itsMay 9 to July 7 production. It achieved anaverage price of $1,382 per carat for rough at the sale. The company also sold a 49.6-carat diamond for $2,561 percarat, a...Read More
RAPAPORT... The French Association of Gemmology (AFG) will hold aconference in Paris on the state of the diamond industry, it said Monday.The 18th Paris Gemmological Rendez Vous - whichwill take place on September 9 - will cover topics including diamondmining, the current state of the market, colored diamonds, and the gemologicaland historical aspects of natural diamonds. Martin Rapaport, Cha...Read More
RAPAPORT... Gem Diamonds has recovered a diamond weighing 123.5carats, its third white stone over 100 carats this year, and its second thismonth. It found the high-quality, type II stone at its Let??eng minein Lesotho on July 20, the company said Tuesday. The miner also unearthed a140-carat white diamond from the deposit on July 6, and a 161-carat stone inMarch. In total, the company has ret...Read More