The company said it had received a letter from mines minister Hassan Braze Moussa supporting a commercial framework, reached between GoviEx and the government at high-level meetings, intended to rapidly progress the project.Under the key terms, which are yet to be finalised, the government will acquire a further 10% of the project, on top of its 10% free-carried interest, by converting a...Read More
Stornoway Diamond's Renard diamond mine in north-central Quebec. Source: Stornoway Diamond Corp.Stornoway Diamond Corp. [SWY-TSX; SWYDF-OTC] on Tuesday April 9 said it has decided to suspend open pit operations at its Renard Mine located about 250 km north of the Cree community of Mistissini and 350 km north of Chibougamau in the James Bay region of north-central Quebec, which will reduce operat...Read More
The Marimaca Project in northern Chile. Source: Coro Mining Corp.Coro Mining Corp. [COP-TSX] shares were active Tuesday April 9 after the company released an update from its Marimaca copper project in Chile and said it has appointed a new chief financial officer to replace Armando Veliz.Coro shares advanced on the news, rising 5% or $0.005 to 10.5 cents on volume of 886,600. The shares trade in...Read More
Paramount Gold Nevada Corp. (NYSE American: PZG) owns 100% of the Grassy Mountain Gold Project, which consists of approximately 11,000 acres, located on private and BLM land in Malheur County, Oregon. The project contains a gold-silver deposit (100% located on private land) for which results of a positive PFS have been released in 2018 and key permitting milestones accomplished. At PDAC2019, we le...Read More
Ray Dalio is billed as the world's greatest hedge fund manager. At least that is what they said when he was on 60 Minutes Sunday night touting his book Principles.On the program, he talked about the wealth gap, the pending social revolution, and his personal guilt at being so rich without actually earning it...His main point was that there is a lack of opportunity for poor people to move into the...Read More
By: Clint SiegnerThe gaggle of socialist candidates vying to win the Democratic nomination for president all agree on one thing. They believe government should be doing a lot more.Just how to pay for all of those dreams is the question. Modern Monetary Theory (MMT), we are told by the likes of Alexandria Ocasio Cortez, is the answer.The New York Times describes MMT as a "package of eccentric i...Read More
By: IRA EPSTEINGold breaks the downtrend, stalls at 18-DMA..Read More
StrengthsThe best performing metal this week was platinum, up 6.07 percent. Platinum is set for its biggest weekly advance in two years, as its wide discount to sister metal palladium creates interest for the metal. Bloomberg writes that traders are also weighing the potential for labor disruptions in South...Read More
By: RambusIn part two of the Quarterly Report I'm going to update some long term charts for some of the world stock markets. As you will see many have formed massive ten plus year consolidation patterns similar of what we observed in the first installment of the Quarterly Report which are similar in duration to many of the US stock markets. It's these big multi year consolidation patterns that a...Read More
Considering the dour outlook for Q1 earnings, the stock market's exuberant run-up over the last month feels like Tennyson's Charge of the Light Brigade: "Into the valley of Death rode the 600...' And yet, we know from watching the shares of Boeing, Apple (see chart inset) and Facebook go vertical into a steady stream of negative news concerning each that Wall Street's '600' really don't give...Read More
Trump is now threatening European Union with new trade tariffs. The move is just to support Boeing as its rival Airbus is getting more orders after a Boeing latest plane crashes. A steady decline and decay in the USA-European Union relation is happening as a result of Trump's bully attitude. Gold will rise. European Union will also reduce dependence on American exports and diversify as a counter...Read More
For Part 1 of this interview, CLICK HEREMax continues his conversation with Craig Hemke of TFMetalsReport.com. They discuss precious metals, negative interest rates, central bank intervention, and the future of the economy.Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial...Read More
Harley Schlanger's work can be found at LaRouchePAC.com.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
Following Christine Lagarde's warnings last week, The IMF has officially cut its outlook for global growth to the lowest since the financial crisis amid a worsening outlook Continue...Read More
"France makes excellent wine, but so does the U.S. The problem is that France makes it very hard for the U.S. to sell its wines into France, and charges big Tariffs, whereas the U.S. Continue...Read More
A project update and the company's full-year 2018 financials were reviewed in an H.C. Wainwright & Co. report. In an April 2 research note, H.C. Wainwright & Co. analyst Heiko Ihle reported that MAG Silver Corp. (MAG:TSX; MAG:NYSE.MKT) continues to advance its joint venture Juanicipio project with partner Fresnillo Plc (FRES:LSE). Progress is being made with respect to development at the asset i...Read More
An Echelon Wealth Partners report explains why this mining company warrants Top Pick status. In an April 3 research note, analyst Ryan Walker reported that Echelon Wealth Partners again chose Wesdome Gold Mines Ltd. (WDO:TSX) as a Top Pick for the quarter, for the fifth consecutive time. "We contend that further upside remains with several key catalysts to come in 2019," he wrote. With the recen...Read More
By: Clint SiegnerThe gaggle of socialist candidates vying to win the Democratic nomination for president all agree on one thing. They believe government should be doing a lot more.Just how to pay for all of those dreams is the question. Modern Monetary Theory (MMT), we are told by the likes of Alexandria Ocasio Cortez, is the answer.The New York Times describes MMT as a "package of eccentric i...Read More
By: IRA EPSTEINGold breaks the downtrend, stalls at 18-DMA..Read More