The 55¢ financing consists of a share and half a warrant exercisable at 85¢ for three years, with the proceeds to be used for exploration and development activities. AngloGold currently owns 14.3% of Pure Gold's stock.The company is advancing its Madsen gold project in Red Lake, Ontario, Canada, on which it completed feasibility study in February to produce 80,000 ounces a year over a 12...Read More
With more than $5.Read More
The State of Play: Delivering strategy and innovation report by VCI analysed 399 of the world's largest mining and services companies, including Rio Tinto, BHP and OZ Minerals.Read More
The Canadian Mineral Industry Federation, which comprises more than 20 associations, said the country's mines ministers "must be bold" to attract greater investment and enhance competitiveness.The CMIF proposed a series of recommendations, including conducting a strategic review of Canada's tax regime to boost its investment attractiveness, to coincide with the 76th annual Energy and Mines Ministe...Read More
Hanging cockeyed off a ladder with an impact driver in one hand and a socket wrench in the other, sweat dripping in my eyes and the dogs running off with my instructions, I wondered, not for the last time, what I was doing...My beautiful wife has recently discovered the bargains available on Facebook (NASDAQ: FB) marketplace. If you don't know, Facebook has usurped the Craigslist space for classif...Read More
- Dave Kranzler"I don't think it's any coincidence that gold runs from $1285 to as high as $1445 around the time that all the news about Deutsche Bank started coming out" [the failure to merge with Commerzbank followed by the "good bank / bad bank" split announcement].It was reported by Bloomberg that Deutsche Bank clients - mostly hedge funds - are pulling $1 billion in capital per day from t...Read More
The market is now at record highs, and unemployment is way down. Even so, a U.S. rate cut is expected as early as this week. During his congressional testimony last week, Federal Reserve Chairman Jerome Powell raised concerns over slower global growth and trade tensions, which in turn have contributed to weaker demand and manufacturing activity. The most recent Global Manufacturing Purchasing Ma...Read More
Keith WeinerLast week, we looked at the idea of a national balance sheet, as a better way to measure the economy than GDP (which is production + destruction). The national balance sheet would take into account both assets and liabilities. If we take on another $1,000,000 debt to buy a $1,000,000 asset, then we have not added any equity. This is so, even though assets have gone up. But unfortuna...Read More
July 16, 2019,Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V: NEE)(OTC Nasdaq Intl.: NHVCF)(the "Company" or "Northern Vertex") is pleased to announce gold and silver production totaling 2,837 gold equivalent ounces (2,580 oz gold and 18,051 oz silver) during the month June and initial results from its Heap Leach Pad Study at the Moss Gold Mine, located in Northwest Arizona.Kenneth Be...Read More
Clint Siegner The federal government will soon run up against its self-imposed borrowing cap once again.Current estimates are for the government to max out its credit limit at a little over $22 trillion in early September. Congress goes on recess in August, so there is some pressure to address the cap right now.Treasury Secretary Steve Mnuchin has been fulfilling what seems to be the most sacred...Read More
By: Jordan Roy-ByrneGold and gold stocks especially continue to shrug off bits and pieces of bad news.No escalation in the trade war? The selloff lasted one day and the sector rebounded strongly the following day.Strong headline jobs number? Again, the weakness was a buying opportunity.This past week there was more. The June CPI report came in hotter than expected, which could mitigate the degr...Read More
StrengthsThe best performing metal this week was platinum, up 2.46 percent. The yellow metal jumped on Wednesday after Federal Reserve Chairman Jerome Powell's comments spurred bets on a cut in interest rates later this month. Powell said concerns over trade and global growth continue to weigh on the domesti...Read More
By: Ira EpsteinGold price action has tightened up, where next?Read More
[The following was contributed by Farmer, a subscriber from Nairobi who is active in the Rick's Picks chat room.] Of all the lies we read reported without question by the news media, one of the most egregious is that of China's GDP is still running hot at over 6% annually. It's an astonishing number for such a large economy and even more incredible during a global economic slowdown. With s...Read More
Given the current capital flight into the US, it could happen.Full description and comments at: https://www.peakprosperity.com/martin...The most hated stock market rally still has room left to become truly despised, according to Martin Armstrong.Armstrong is an economic forecaster, former hedge fund manager, monetary and foreign exchange currency expert and a deep student of history. He has advise...Read More
We all know the financial crisis is coming. What to do about it? Author, financial expert, and investment advisor Jim Rickards joins today's Liberty Report to discuss his upcoming book, "Aftermath: Seven Secrets of Wealth Preservation in the Coming Chaos."Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, includ...Read More
Max and Stacy are joined by Alasdair Macleod of Goldmoney.com for his hard money pitch as a solution to many of the global economic and monetary woes causing societal unrest (from Occupy Wall Street to the Yellow Vests) and despair (like the more than 75,000 annual opioid overdoses in the U.S.). They discuss gold as a unit of account and what that would look like. They also examine the newly popul...Read More
Links to slides and sources: https://www.itmtrading.com/blog/long-...Question 1. Zoltan V: What would happen if the longer-term yields would collapse?Question 2. Bobbi B: Can you please clarify the mechanism by which QE results in hyperinflation? How does the money get into the hands of the people?Question 3. Phillip K: When the real estate market begins to collapse (even with Fed tactics to suppr...Read More
"Removing the GRE scores from consideration is expected to reduce barriers to graduate education and contribute to a fairer and more Continue...Read More