Bureau of Labor Statistics head Dr. Erika McEntarfer is one of the latest persons President Trump has told "you're fired." President Trump said this month that he fired Dr. McEntarfer because the president believed she manipulated jobs data. Manipulations, he stated, include the updated May and June BLS numbers showing the U.S. economy created 258,000 fewer jobs than originally reported, as well a...Read More
It's not often that significant national policy is announced outside of Washington, D.C., let alone outside of a major political address with all the spectacle and theater. But every now and again, something big happens in unusual places.Consider how, on June 5, 1947, Secretary of State George C. Marshall announced his eponymous Marshall Plan at the Harvard commencement ceremony, in Cambridge, Mas...Read More
Newsletter writer Stewart Thomson addresses the question:Is it finally showtime for gold and are junior miners too high to buy?Is it showtime?Is gold "finally" ready to blast above the $3440 resistance zone and surge straight to $3700-$4000?Here's a look at the magnificent daily chart: In actual fact, gold has been in this range trade only since April. That's not a long-term, although for restless...Read More
Bob Moriarty of 321gold.com explains why he thinks Toogood Gold Corp. (TGC:TSVX) is undervalued.August marks the beginning of gold's most advantageous season from a historical perspective. While I anticipate the broader stock market collapsing between now and late October, any effects on gold or gold equities will be temporary in my estimation. The gold speculations are merely starting their ascen...Read More
Young Americans are fracturing along ideological fault lines.They are breaking into two camps. For lack of better terms, we will call them the far-right and far-left.Unfortunately, there are few surveys which ask these kinds of questions. Pollsters still query along legacy party lines, Democrat vs. Republican, even though those labels are losing relevance.Fortunately I have two teenage kids, and f...Read More
Humans are poorly wired for investing.Our operating system remains optimized for a hunter-gatherer lifestyle.By default, fear, greed, and envy reign supreme. Each of these emotions can be destructive on its own, but together they can be disastrous.As a result of our brains' faulty wiring, the average investor sees annual returns of around 5% vs the S&P 500's long-term 9% performance.Human psyc...Read More
Last week President Trump made a big move in the currency wars.He appointed Stephen Miran, head of the White House Council of Economic Advisers, to a vacated seat on the Fed's Board of Governors.I'm going to pull together some important threads. I'll also speculate about what Trump's plans for remaking the Fed might mean for international trade, and how Miran can assist.This could translate into a...Read More
India and China are each home to over 1.4 billion people.Together, the two countries host a whopping 35% of the world's population.The United States and its allies have worked hard to support India as a counterweight to China. American leaders have gone out of their way to embrace India, despite its strong military and economic relationship with Russia.Why? Because India is a key partner in Americ...Read More
In the world of horse racing, many of the all-time greats have been closers.A closer is a horse that starts off slow, then surges on the back half.Many of the best racehorses of all time have been closers. Zenyatta, for example, is a mare that won a remarkable 19 of her 20 races.Zenyatta – Source: LA TimesZenyatta was an iconic closer. In one noteworthy race, she reached a peak of 40 mph dow...Read More
It's 4,350 miles (7,000 kilometers) from Moscow to Anchorage, almost a straight shot over the North Pole via great circle navigation. And it's not quite 3,400 miles (5,435 km), again via great circle nav, from Washington, D.C. to what some locals call "Anchortown."Great circle routes to ANC. Courtesy GreatCircleMap.com.I mention this point of cartography because today I'll discuss the upcoming sum...Read More
The price of samarium has risen 60-fold over the past year.What the heck is samarium, you ask? It's a rare earth element (REE) used to create magnets designed for high temperature applications.Samarium-cobalt magnets are about 60 times as powerful as your average fridge magnet. They are used in fighter jet engines, where actuators and generators must be able to withstand temperatures up to 350 deg...Read More
Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A0RLEP:WKN; 3TZ:FSE) announced the reanalysis of drill hole in the Halo zone using PhotonAssay technology. Find out why the company says the results enhance its confidence "in the presence of coarse, nuggety gold within the Halo zone."Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A0RLEP:WKN; 3TZ:FSE) announced that the reanalysis of drill hol...Read More
Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announces the initial results from the first three holes drilled this summer at the Snip North target at its Iskut project in the Golden Triangle. Find out why analysts recommend this gold company with another huge project nearby, KSM.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced that the initial results from the first three holes drilled this summ...Read More
On yesterday's editorial call, my good friend and colleague, Byron King, mentioned that The Donald was doing well domestically, but abysmally when it came to foreign policy.I recalled how I wrote about King Leopold III of Belgium, who had the same problem. So I started thinking about The Donald and his nearly schizophrenic second administration.Americans are happy with his domestic policy, and the...Read More
Barry Dawes of Martin Place Securities shares his thoughts on the gold sector and one stock he is looking to buy back into.Gold has not shown any strength here.These are not bullish market actions.Weakness is already showing with gold, down US$22 at the time of this article.A big fall is coming.Commitment of Trades in GoldLarge speculators are very long.Commercials are very short.I do not quite kn...Read More
'It certainly has a 1999 feel to it,' we said to no one. Working alone in our little octagonal office in rural France, 'no one' is our assistant…our confidante…our right hand man. As sharp as a tack. As empty-headed as a cabinet member.We look back. As the 21st century gestated, the US stock market became more and more absurd. Companies with no earnings, no business plans, no employees...Read More
Global Analyst Adrian Day discusses recent results from two top companies in different sectors.Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE), with its second-quarter financials, demonstrated once again why it is "the gold standard of mining companies," as I described it in introducing President and CEO Ammar Al-Joundi at Rick Rule's Boca Resource Symposium last month. With production above expectati...Read More
The recent disclosures by Director of National Intelligence (DNI) Tulsi Gabbard of wrongdoing by the Intelligence Community (IC) and the White House at the end of the Obama administration are shocking. It would be an understatement to say they were the most important story of the year. These disclosures (and what will follow) are one of the most important stories in U.S. history.Your editor with T...Read More
Tectonic Metals Inc. (TECT:TSX.V; TETOF:OTCQB; T15B:FSE) secures US$19M to advance its Flat gold project in Alaska, fueled by strong investor demand and increased commitments from major backers. Read more to find out how the funding supports expanded drilling and long-term project development plans.Tectonic Metals Inc. (TECT:TSX.V; TETOF:OTCQB; T15B:FSE) has increased the size of its previously an...Read More
John Newell of John Newell & Associates explains why he thinks StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) is a Speculative Buy.StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) may be one of the most overlooked gold exploration stories in Nevada's Walker Lane. In a move that stunned insiders familiar with the asset, the company acquired the Hercules Gold Project, a large, fully permitted oxide go...Read More