Corrections are inevitable, but current conditions support a prolonged rally in the gold market, TD Securities says in an equity research report."Before we restate our bullish thesis for precious metals, we should acknowledge that positioning in the gold market is at extreme levels, with Comex net longs near all-time highs and trading volumes at near double the averages of last year," the report s...Read More
Please click here now. Double-click to enlarge this chart.Another glorious day for gold investors is underway. Please click here now. Double-click to enlarge.The only better-looking chart than gold right now is... silver!Years ago, I coined the term "flagification" to describe the formation of multiple flags on the gold and silver charts.This technical action is rare and outrageously bullish...Read More
The company reported Q2 EBITDA of US$12.6 million, compared with $28.9 million in the June quarter last year, while operating cash flows before movements in working capital of $12.8 million in Q2 2019 dipped from $29.5 million in Q2 2018.Sierra said revenues fell $12 million year-on-year to $50.7 million in Q2 2019 "due to lower throughput and higher treatment and refining charges incurred at Yaur...Read More
As well as the CEO of the Year and Emerging Leader of the Year nominations, Mining Journal editors are assessing nominations from our worldwide readership for top innovators, sustainability and gender diversity leaders, best new discovery, the industry's best explorer for the 2018-2019 year, and the best-performed mining consultancies, and METS (mining equipment, technology and services) companies...Read More
The world is going to hell!At least that's what it seems like if you spend more than five minutes reading the daily news feeds on your smartphone.Nuclear explosions in Russia...The Arctic literally on fire...Everything you do and say being monitored by tech giants and overzealous government thugs...Trade wars siphoning wealth from the most vulnerable...Crazy people with launch codes to nuclear mis...Read More
GoldSeekAugust 15th marks the 48th year anniversary since the end of gold backing the U.S. Dollar for international trade. Here is President Nixon announcing this dramatic monetary and other economic policies on August 15, 1971:Read More
Daniel R. AmermanThe discussion of negative interest rates in the United States has now officially gone mainstream, with the front page of the August 12, 2019 print edition of the Wall Street Journal carrying a prominent discussion of the possibility.Most of the article consists of various institutional investors talking about why this could be a real possibility. However, as will be explored he...Read More
David HaggithLet's take a look at how the average consumer is doing. I'll call this typical consumer "Bubba" because I just read an article that claimed "Bubba's doing better today than at any time since before the Korean War." It disgusted me because I found it to be such a disingenuous set of lies wrapped in half-truths, all contrived to pacify the trickle-down peasants as that philosophy cont...Read More
By: Ira EpsteinGold pushing upper end of the Bollinger bands resistance point. Momentum in gold still positive:Read More
"These sovereign bonds are defaulting; it's a soft default. The global banking system is collapsing. It's a controlled demolition."Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Specialist Tech...Read More
David Morgan continues the dialogue on recession, a dramatically overvalued stock market and the case for getting into gold at this time. The summer has not been a quiet one.David Morgan is a world-renown precious metals aficionado. He is the creator of the Silver-Investor.com website and The Morgan Report, a monthly report that covers economic news, overall financial health of the global economy,...Read More
Jeffrey Epstein's former bodyguard and driver has backpedaled over 2015 comments he made to former Daily Beast reporter M.L. Nestel, at one point sugesting he drop theContinue...Read More
Project Veritas has unveiled the identity of the Google software engineer who blew the whistle on the tech giant's reported practice of blacklisting sites, manipulating searches and a host of other tactics to influence the public. Investigative journalist Ben Swann weighs in.Read More
The world is in a complete midlife crisis or some may say an end of life crisis. I am overseas as the world is simply going nuts. At times, I feel more like a shrink having to Continue...Read More
Vince Vaughn has scores of Hollywood films to his credit - from The Lost World: Jurassic Park to Hacksaw Ridge and many in between - and has been a Ron Paul supporter since the 2008 presidential campaign. He and Tom discuss Hollywood, libertarianism, and American politics. Read More
The leader requested that all Hong Kong citizens take out all bank deposits on Friday. Continue...Read More
Deutsche Bank's fresh low underscores European banking's decline.Continue...Read More
A Canadian explorer concluded this based on recent and historical exploration work there. Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCMKTS) announced in a news release the latest exploration results from its Keno silver project in Canada's Yukon Territory.These findings come from recently conducted exploration work and compilation and analysis of historical data on the Central Keno Hill Silver D...Read More
Further upside potential remains deeper in the gold system. Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) announced in a news release it started a regional geochemical survey across the Navilawa caldera near the company's Tuvatu project on Viti Levu in Fiji.This survey, which will cover Navilawa SPL 1512, is part of the first phase of the company's planned 2019 exploration program. Lion One will...Read More
The yield curve inversion just got more pronounced. Not only the spread between 10-year and 3-month Treasuries, now also the spread between 10-year and 2-year turned negative. That sends a warning signal about the state of the real economy. About a recession on the horizon. Some might argue that the yield curve’s predictive power has diminished with all the unorthodox monetary policies since...Read More