"They may try to run this poor thing straight up and over a cliff. Recall the 2000 top was in March but they briefly ran it back in Sep 00. Ditto in Oct 07. When warning signs are ignored, the endings are abrupt. Maintain safety nets, but don't assume stupidity has limits." - John HussmanThis is the nastiest bear market rally that I have seen in my over 34 years of experience as a financial mark...Read More
Bob Moriarty ArchivesApr 8, 2019I need to read all the pieces I can about resource companies to keep an accurate feel on who is succeeding and who is failing. I’m a speed-reader and that helps but I go through 150 emails a day and read many dozen articles that interest me. What amazes me when reading what others write about various companies and metals is how infrequently I hear discussions...Read More
Based on "a rapid first-pass appraisal", the Cobre Panama developer had indicated the projects did not fit its target criteria, Japan Gold said.Read More
The incentive took his total compensation to $12.86 million.The board said Thornton had delivered against all the objectives set for him in 2018 and this, together with "personally developing and executing the nil-premium merger with Randgold which strengthened Barrick's position across all core metrics relative to its senior gold peers", was reflected in his incentive compensation for the year.Ba...Read More
Drilling for uranium in the Nigerian desert. Source: GoviEx Uranium Inc.GoviEx Uranium Inc. [GXU-TSX; GVXXF-OTCQB] said Monday April 8 that it has reached a framework deal with the government of Niger, Africa to jointly develop the company's flagship Madaouela uranium project."This is the culmination of more than 12 years of relentless work and millions of man hours by GoviEx management and our Ni...Read More
Trevali’s wholly-owned Caribou Mine and Mill Complex consists of a developed underground mine with significant resources of zinc-lead-silver-copper-gold, a fully permitted 3,000-tonne-per-day processing mill, flotation recovery plant, metallurgical and geochemical laboratories, and a tailings treatment facility, all located approximately 50-km west of Bathurst, New Brunswick, Canada.Trevali...Read More
If you're a Tesla (NASAQ: TSLA) bear, you've been having a good year, so far.Between battles with the SEC and lower-than-expected delivery numbers, Elon Musk and Tesla have recently been the target for extreme criticism - mostly launched by those who have been excessively critical of the company since it first went public at $19.00 a share.But I'm not here to bury Tesla.Plenty of others are doing...Read More
President Trump denounced wind energy last week at the National Republican Congressional Committee fundraiser in Washington, D.C."If you have a windmill anywhere near your house, congratulations, your house just went down 75% in value. And they say the noise causes cancer, you tell me that one, OK?" the President said, imitating the whirring sound made by wind turbines.The comment has, of course,...Read More
"We are on the precipice of the greatest retirement crisis in the history of the world. And that makes perfect sense because, first of all, we have the largest elderly population in the history of the world.Just focusing on the United States: our elderly are woefully unprepared to retire. And in the decades to come we will witness millions of elderly American's, Baby Boomers and others, slipping i...Read More
Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at Salomon Smi...Read More
Barclay Leib (@btl0823) founder and principal of Sand Spring Advisors, LLC, comes by the office to discuss asset allocation, forensic accounting and Wall Street history.1:44 Rules for selecting fund managers5:40 Where does "edge" come from?8:18 Fun and games in fund returns12:17 The famous Hunt brothers trade18:30 Unfavorable prices? Regulate them awayJames "Jim" Grant is an American writer and pu...Read More
The treatment "has broad implications for multiple types of cancer...This method could also increase the success of other immunotherapies such as checkpoint blockade."Continue...Read More
"The Kingdom has been trading its oil in dollars for decades which has served well the objectives of its financial and monetary policies." Continue...Read More
Technical analyst Clive Maund charts gold and discusses the factors he believes point to an iminent rally. I was in receipt of the following erudite communication about Commercial gold short positions yesterday from a friend in Toronto. . ."Re: HOLY SHISA BATMAN: THE COMMERCIALS COVERED OVER 70 000 Gold Short Contracts!!!!!!!!!!!!!!!!!!!!!!!! - Can you say WOW!!!!!!!!!!". . .and while I myself wo...Read More
Technical analyst Clive Maund looks at the silver charts and discusses the metal's upside potential. There were several developments last week that taken together suggest that the short-term bearish scenario set out in the Gold and Silver Interim update about a week ago is not going to materialize and instead that the original grander scenario described in the last full Silver Market update is go...Read More
In conversation with Maurice Jackson of Proven & Probable, the executive chairman for this Canada-based company provides updates on operations and acquisition of permits for its flagship project. Maurice Jackson: Joining us for a conversation is Dan Weir, the executive chairman for DNI Metals Inc. (DNI:CSE; DMNKF:OTC), which is establishing itself to become one of the world's leading graphite pro...Read More
Europe’s 2nd biggest gold mine could beabout to make early investors rich.This story beginsover 2,000 years ago when the Romans dug up $16.8 billion in gold in Romania...Using hammers and buckets. And now a little company with big ambitionsis coming back to the same site to unearth the rest. Using modern technology, they’re hoping to exploit an estimated$13.3 billion find. Smart invest...Read More
By: IRA EPSTEIN Is Gold Building a Base or a Top?Read More
By: IRA EPSTEIN Is Gold Building a Base or a Top?Read More
Trump wants interest rate cuts this year. His strategy is simple: Weaken the US dollar ? A weaker US dollar will help US exports and also reduce import ? Higher employment will be there if interest rate cuts are there and the US dollar also weakens. The ultimate goal of all these moves is to get a re-nomination next year and also win next year presidential elections. The fallout of a weaker US d...Read More