Yellow Cake PLC (LON:YCA) has reported a net asset value of 218p per share as at 30 June 2019.The valuation is derived primarily from a holding of 9.2mln pounds of physical uranium, worth US$24.70 at prevailing spot prices, but acquired at an average price of US$21.8 per pound.WATCH: Price pullback gives Yellow Cake good opportunity to acquire additional uraniumThe total portfolio valuat...Read More
Tensions in the Persian Gulf, where Iran seized a British tanker last week, had helped push the gold price to a six-year high above US$1,450 an ounce on the spot market last week and have lifted crude oil prices.However the gold price has eased today following indications of a smaller US rate cut being likely.Silver, which broke back above the $16/oz mark last week, has continued to strengthen to...Read More
Petra CEO Richard Duffy said at today's trading update the company's short-term focus was on "driving efficiencies across the business through Project 2022" to improve its cost base and enhance cash flow generation to "significantly reduce our net debt".The Project 2022 goals were based on "flat nominal pricing over the three years".Petra finished the year to June 30 with net debt of US$560....Read More
Your phone sucks.It's not your fault.They all suck.It doesn't matter if you have the latest iPhone, Samsung Galaxy, or Google Pixel... the smartphones we use today are garbage compared to those we'll be using in just a few years.Just think: 15 years ago, you were using a Blackberry or something like this:Garbage.The next generation of mobile technology, known as 5G, is dawning. And - believe the h...Read More
July 19th, 2019(S14-E705)Featured GuestsBill Murphy& Bob HoyePlease Listen HereInterview RecapBill Murphy of GATA.org returns to the show with fresh insights on the recent PMs shares rally that continues to parallel the success of the US shares. One positive contrarian indicator, coin shop owners are telling our guest that demand remains sluggish, despite the strong upward market activity. Joh...Read More
- PlungerThis weekend I would like to review the state two markets. The general stock market and the precious metals market. Following this I will give an update on Plungers Core-7 portfolio.Consider this report an opportunity to read an alternative view of the markets. My views of the major averages are certainly at odds with consensus opinion. Furthermore, they are also at odds with th...Read More
It's a case of "so far so good" for gold, which is breaking out on schedule from its giant complex Head-and-Shoulders base that may also be classified as a Saucer base, as can be seen on its latest 10-year chart...On the 4-year chart we can see that gold's breakout move last month has resulted in its becoming overbought, which partly explains why is hasn't gone anywhere in recent weeks. This is...Read More
Traders dumped stocks in the final hour on Friday, hinting that there actually is a threshold at which bad news begins to matter. For one, Black Rock, arguably the smartest money on the planet, reported a 7% drop in profits. If they can't cut it, is there any hope for the rest of us? In the Middle East, Iran was doing more than merely rattling its saber: agents of the mullahs boarded and seize...Read More
A debt deal was just reached today and almost no one cares. What has happened to the country? The debt limit used to be a big deal. How much debt can we produce before something happens to the global economic system? John and I agree that we're going to find out soon. People have finally rediscovered gold and silver. Unless something drastic happens, this only the beginning. Buckle your seatbelt n...Read More
Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More
Comey was essentially "running a covert operation" against Trump - which began with a private "defensive briefing" shortlyContinue...Read More
Jason goes on a rant about pension funds in the US being ripped off or defrauded by private equity, hedge funds and Wall Street investment banks as well as politicians that lied and over-promised cushy retirements to voters that they knew could not mathematically be paid for at the state and local level without bailouts from the US federal government (US taxpayer then screwed over) and the Federal...Read More
"At some point, the grains will be the biggest winner."Read More
Looks like gold has broken out just as Gerald Celente was expecting. And now it's going to get worse. Seems like there's nothing that can stop the trends that are currently taking place. Gerald has a lot more forecasts and you'll have to listen to find out.Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
"OpenAI and Microsoft's vision is for artificial general intelligence to work with people to help solve currently intractable multidisciplinary problems, including global Continue...Read More
Why is no one in the D.C. political class and media bubble really talking about the Jeffrey Epstein affair? They will mention it casually, but they prefer to allow the Squad to callContinue...Read More
Jason received more information about China's real estate bubble from one of his mainland China sources including some anecdotes about how owners of houses don't want renters.Dinny McMahon | Debt, Dysfunction, and the End of the Chinese Miracle https://youtu.be/EXwXz5WqUsESomething Just Broke In China As Repo Rate Soars To 1,000% Overnight https://www.zerohedge.com/news/2019-0...Jason Burack is an...Read More
The company has completed 6,500 meters of its current phase 1 program. GT Gold Corp. (GTT:TSX.V) announced in a news release the results from the first six holes of its 2019 drill program at its flagship Tatogga project in British Columbia.The goal of the 10,000 meter (10,000m), phase 1 exploration program is to expand the high-grade Saddle North copper-gold porphyry discovery there, and the late...Read More