If there is one concept that illustrates the difference between a top-down macro-economic approach and the reality of everyday life it is the velocity of circulation of money. Continue...Read More
Here we go again. After a couple of big trading sessions, gold - for the sixth time in five years - is approaching the $1,350-ish level that has, each previous time, stopped it cold.Continue...Read More
The story line is going out that the economic boom is weakening and the Federal Reserve has to get the printing press running again. The Fed uses the money to purchase Continue...Read More
This Friday's jobs report will help determine the future of Fed policy, specifically when it comes to whether or not they should cut rates to boost the economyContinue...Read More
As economies around the world slow, central banks will once again be forced to devalue their currenciesContinue...Read More
The transaction will enhance this company's nearby existing project. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced in a news release it entered into an agreement to acquire the Goldstorm project from Mountain View Gold for 25,000 Seabridge common shares.Goldstorm, which consists of 134 mining claims and 1,160 leased acres (about 3,900 acres in all), is in the Northern Nevada Rift (NNR) and...Read More
The precious metals explorer will conduct more grab sample testing there soon. Gooseberry ProjectAmerican Pacific Mining Corp. (USGD:CSE; USGDF:OTC) announced in a news release that assays from grab samples at Gooseberry were encouraging, showing high silver and gold grades.Gooseberry is the past-producing project in Storey County, Nev., which American Pacific recently acquired via staking. "The...Read More
Recent drill results and their implications were addressed in a BMO Capital Markets report. Pretium's Brucejack MineIn a June 5 research note, BMO Capital Markets analyst Andrew Kaip reported that Pretium Resources Inc.'s (PVG:TSX; PVG:NYSE) recent drill results lead one to ask whether the company "should accelerate exploration to begin outlining the eastern resource potential of the Valley of th...Read More
MostAmericans take food abundance for granted. Grocery store shelves are alwaysstocked, and America’s agricultural sector always grows more than enough corn,wheat, and soybean crops to keep the food production system humming alongsmoothly.Thatall could change as abruptly as the weather. In fact, historically wetconditions throughout the Midwest have put this year’s spring planting inje...Read More
Precious metals expert Michael Ballanger discusses geopolitical events and movements in the precious metals markets. Hallelujah!It was only a week ago that I was opining that there was nothing ominous in the technical picture for gold and silver that was altering my bullish stance; RSI and MACD were trending up and price was stubbornly refusing to yield to the myriad of bullion bank attacks missio...Read More
Michael Ballanger explains how he is reacting to the advances in the gold ETFs. Given the torrid advance in gold (GLD [SPDR Gold Shares]) and the leveraged miner ETFs (NUGT [Direxion Daily Gold Miners Index Bull 3x]/JNUG [Direxion Daily Junior Gold Miners Index Bull 3x]), it is of note that RSI readings have screamed northward to the point where I don't think I can recall a shift in momentum quite...Read More
Dr. Chris Martenson PhD & Chris Waltzek PhD - June 4th, 2018. * Download MP3 formatHighlightsDr. Chris Martenson of PeakProsperity.com, author of Prosper! notes the global "everything bubble." Virtually every asset class was inflated by profligate monetary policies and various fiat schemes. The global economy could be on the cusp of a 2nd Great Recession due in part to protectivist trade...Read More
Perhaps surprising no one, global manufacturers are now in contraction mode for the first time since 2012. That's according to the most recent reading of the sector's health, the purchasing manager's index (PMI), which headed lower for a record 13th straight month in May. The PMI posted 49.8, down from 50.4 a month earlier. As a reminder, anything above 50.0 indicates expansion; anything below,...Read More
Miles Franklin sponsored this article by Gary Christenson. The opinions are his.Christopher Whalen wrote "Trump is Right to Blow Up the Fed." He stated:"Anybody who cares to read the 1978 Humphrey Hawkins law will know that the Fed is directed by Congress to seek full employment and then zero inflation. Not 2 percent, but zero. Yet going back a decade or more, the Fed, led by luminaries such a...Read More
- Stefan GleasonMost Americans take food abundance for granted. Grocery store shelves are always stocked, and America's agricultural sector always grows more than enough corn, wheat, and soybean crops to keep the food production system humming along smoothly.That all could change as abruptly as the weather. In fact, historically wet conditions throughout the Midwest have put this year's spring...Read More
Although oil prices and Treasury yields have been falling an anticipation of a widely advertised economic slowdown in Europe and China, U.S. stocks are rising as though boom times lie ahead. What is going on?? It would appear that bulls simply cannot control themselves when there is talk of Fed easing. The prospect of QE3 has been in the news lately, driving a short-covering rally that has p...Read More
By: Ira EpsteinGold reaching into resistance areas we have seen before:Read More
Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Android | Email | Stitcher | RSSBix returns to Silver Doctors for a robust interview on gold, silver, crypto, manipulation, the Fed, and the reset (spoiler alert: there will be no reset)...Bix Weir of Road To Roota interviewed by Half DollarIn today's interview, Bix & Half Dollar dive into all of the important topics of the day, inc...Read More
The entire footprint of NexGen Energy's (TSX: NXE; NYSE-AM: NXE) proposed Arrow mine is smaller than a university campus, but could produce 21% of the world's uranium once in production, the company says.The high grade uranium deposit in Canada's Athabasca basin would produce 25.4 million lb. uranium oxide (U3O8) per year over an estimated mine life of nine years - leapfrogging the company into t...Read More
Slow trading at JCK showhighlights middle-market liquidity and profitability challenges. Prices softeningwith 1 ct. RAPI -0.7% in May. Suppliers using technology and sourcing programsto demonstrate added value as jewelers reduce inventory purchases. US jewelrymarket steady with top independents gaining market share over majors by providingpersonalized service to millennials. Luxury jewelers expose...Read More