Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
WikiLeaks has published an urgent statement to its official social media accounts, saying the Ecuadorian embassy in London is preparing to expel Julian Assange withinContinue...Read More
Saudi Arabia is reportedly threatening to sell its oil in other currencies Continue...Read More
The only problem with precious metals is that governments are targeting the bullion industry, and by Continue...Read More
Maurice Jackson of Proven and Probable covers the five Cs with the CEO of Riverside Resources, including his company's take on copper, prospects in Canada, and the Cecilia deposit in Sonora. Maurice Jackson: Joining us for a conversation is Dr. John-Mark Staude. He is the president and CEO of Riverside Resources Inc. (RRI:TSX.V; RVSDF:OTCQB), "Where Knowledge Is Golden."We brought you on today to...Read More
Mayday, mayday,we are sinking! The global economy is slowing down. How serious is the currentslump? We invite you to read our today’s article about the true condition ofthe world’s economy and find out what are its likely implications for theprecious metals market. Economists andmarket analysts often make volte-face. We remember that in 2018 the punditswere heralding the synchronized g...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 193,78499,22856,826139,514257,744390,124413,798 Change from Prior Reporting Period -21,1134,269-12,381-21,687-54,891-55,181-63,003 Traders 18869775452274169 Small Speculators LongShortOpen Interest 50,04626,372440,170 -14,224-6,402-69,405 non reportable p...Read More
The gold miners' stocks are still marching, grinding higher on balance in a solid upleg. While interest in this sector has faded since late February, it is nicely set up for a strong rally. After consolidating high and establishing a sturdy base, the gold miners are likely to soon report greatly-improved first-quarter results. Couple that with gold itself powering higher, and the slumberin...Read More
I've been writing on deflation since the early-1990s, when I had the topic all to myself and was regarded as a voice on the lunatic fringe. Scary essays that I freelanced to Barron's, the San Francisco Examiner and a number of other publications turned out to have been premature, but I've never doubted that the endgame for a global economy glutted by debt would be a deflationary collapse. Skep...Read More
Dear Friend of GATA and Gold:In commentary posted this week at GoldSeek's companion site, SilverSeek, silver market analyst Ted Butler reports confirmation from former Commodity Futures Trading Commission member Bart Chilton that JPMorganChase assumed from the collapsing investment bank Bear Stearns a massive short position in silver and has been allowed to manipulate the silver market for years...Read More
By: Ira EpsteinGold market weekly chart at the 18-week moving average:Read More
Gold and silver will zoom only if there is any indication that the US-China trade deal is not on expected lines. A bad trade deal between USA-China can result in gold and silver restarting their bull run. Full details of the trade deal needs once known will set a new trend for gold and US dollar. Central banks continue to increase their gold reserves with passing of each day. Short term trad...Read More
Ted's confirmed it, and he says that expectations for a government crack-down on market manipulation is now just a faint hope. Here's why...by Ted Butler via Silver SeekA recent interview with former CFTC Commissioner Bart Chilton nearly knocked me off my feet because it confirmed what I have alleged, starting more than 12 years ago. I'll include the interview later, but first I will set the backg...Read More
Eastern promise for PolarXSPONSOREDpolarxThis was the primary finding of research commissioned by the International Copper Association (ICA) and carried out by DMM Advisory Group.Read More
Three-month base metals prices on the London Metal Exchange were mixed during morning trading on Friday April 5, while trading has been quiet due to a public holiday in China. Nickel and tin were both up by 0.2%, aluminium was down by 0.3% and the rest were either unchanged or either side of unchanged with copper flat at $6,450 per tonne.Prices for the red metal are holding up relative...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points in pre-opening trade. Index futures moved higher following release of the March Employment Report at 8:30 AM EDT. Consensus for March Non-farm Payrolls is an increase to 170,000 from 20,000 in February. Actual was 196,000. Consensus for March Unemployment Rate is unchanged from February at 3.8%. Actual was unc...Read More
If you're reading this there's a good chance you're either wearing glasses, contact lenses or some combination. According to the Vision Council of America, approximately 75% of adults use some sort of vision correction. About 64% of them wear eyeglasses, and about 11% wear contact lenses, either exclusively, or with glasses. Over half of all women and about 42% of men wear glasses.I bring this top...Read More
QUESTION:Hi Martin–Thank you for your daily blog. I read it first thing each morning.Regarding the bank liquidity problems with the Eurozone banks: would it make sense to put assets in precious metals as a hedge against problems in the banking sector (i.e., getting capital out of the banks and into a safe harbor of sorts)? Do you see this liquidity problem impacting major brokerage houses in...Read More
The Montana Department of Environmental Quality has released the draft environmental impact statement (EIS) for Sandfire Resources America's (TSXV: SR; US-OTC: SRAFF) wholly owned underground Black Butte copper project in central Montana, 27 km north of the city of White Sulphur Springs.The draft is undergoing a public comment period that will end May 10, 2019. After, the draft will undergo a revi...Read More
First Quantum Minerals (TSX: FM) has exited an earn-in agreement with Japan Gold (TSXV: JG; US-OTC: JGLDF), after completing an initial surface evaluation on its Eboshi, Kobui, Minamikayabe and Kamitsue lithocap projects in Japan.Using mapping and soil and rock sampling, First Quantum decided the four projects did not meet its criteria. Japan Gold says that three of the projects - Eboshi, Kobui an...Read More