Financial writer Bill Holter and renowned gold and financial expert Jim Sinclair say exploding federal debt and massive defaults will send gold to the stratosphere. Holter does the astounding and yet simple math and explains, "The number is over $100,000 per ounce for gold now. If you take the 260 million ounces that we (U.S. Treasury) supposedly have and take the 260 million ounces and divide it...Read More
Bill Murphy is a financial commentator and the chairman and director of the Gold Anti-Trust Action Committee (GATA), which was founded as a result of Murphy's essays on collusion among large financial institutions to suppress the price of precious metals. He also runs a paid subscription service called Le Metropole Cafe. Murphy believes the price of gold is artificially low and has spent years lob...Read More
Allianz chief economic adviser Mohamed El-Erian provides insight into market uncertainty and shares investing advice.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...Read More
The politicians have had plenty of time to weigh the economic damage from destroying so many small businesses compared to the death rate. The fact that they are continuing this policy Continue...Read More
"We have it totally under control. It's one person coming in from China. It's going to be just fine.""The Coronavirus is very much under control in the USA... Stock Market starting to look very good to me!" Continue...Read More
Bob Moriarty ArchivesNov 2, 2020I’m of mixed emotions about where we stand in the gold and silver resource market. Traditionally we have two tradable lows a year, one in the summer and the other at the end of tax loss silly season in December. I was spot on when calling for a correction but I have been hoping it would extend to a DSI of 10 or below. While the DSI on gold hit a low of 16 on O...Read More
Independent financial analyst Matt Badiali profiles two companies that he believes are poised to take off. The biggest commodity story in the last two years must be the gold price. It was just $1,200 per ounce in November 2018 and it broke $2,063 per ounce earlier this year. That's a 72% move in a fundamental commodity. As you can imagine, that drove the big gold producers up even higher. Over t...Read More
In this conversation with Maurice Jackson of Proven and Probable, the CEO of Rover Metals describes "high-grade" assays from three holes, and believes more positive results from the company's drill program will follow later in November. Stock photoMaurice Jackson: Joining us for a conversation is Judson Culter, the CEO and director of Rover Metals Corp. (ROVR:TSX.V;ROVMF:OTCQB). Always a pleasure...Read More
The highlights of the Nomad Royalty Company story are delivered in a Haywood report. In an Oct. 15 research note, analyst Kerry Smith reported that Haywood initiated coverage on a recent entrant to the royalty/streaming space, Nomad Royalty Company Ltd. (NSR:TSX; NSRXF:OTCQX), with a Buy rating and a CA$2.25 per share 12-month target price. Nomad's stock is trading now at about CA$1.24 per share,...Read More
Pretium Resources reported financial results for its Brucejack project, demonstrating that the mine continues to deliver strong cash flow, and is on track to meet its FY/20 guidance. Pretium's Brucejack MineIn a news release, Vancouver-based Pretium Resources Inc. (PVG:TSX; PVG:NYSE) announced both operating and financial results for its third quarter and nine month period ended September 30, 202...Read More
Shares of AngloGold Ashanti Ltd. traded 9% higher after the company reported that Q3/20 free cash flow increased 290% YoY to $339 million allowing it to double its dividend payout ratio to 20%. Global gold mining company AngloGold Ashanti Ltd. (AU:NYSE; ANG:JSE; AGG:ASX; AGD:LSE) today announced that in the third quarter of 2020 ended September 30, 2020, it delivered a 290% increase in free cash...Read More
The results open up an additional area for further exploration at Aben Resources' Forrest Kerr. Aben's Forrest Kerr Gold ProjectIn a news release, Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) recapped and provided the results of the completed 2020 drill campaign at its Forrest Kerr project in British Columbia's Golden Triangle.The program consisted of two holes for a total of 990 meters (990m), F...Read More
UrbanGold Minerals reported it completed an induced polarization survey and has outlined drill targets at its Pallador project located in the Troilus-Frotet gold belt in Quebec. In a news release, UrbanGold Minerals Inc. (UGM:TSX.V) announced that "it has received a detailed interpretation of the induced polarization (IP) survey it recently completed on a portion of its 100%-owned Pallador proper...Read More
Peter Krauth explains why he believes gold will be the biggest winner in the election. There's no shortage of prognostications or conjecture about the U.S. election.Of course, everyone has an opinion.Some like red, some like blue, some like neither.Last week's volatility in stocks, bonds, currencies and commodities is a clear signal that markets are uneasy. They hate uncertainty.If the election's...Read More
Independent financial analyst Matt Badiali homes in on the company's Yukon project. "Hey, can you keep watch for me while I fix the Garmin?" I watched uncomfortably as the pilot fiddled with a hand-held GPS in his lap. He looked over at me, briefly. "The cranes are migrating right now, and we really don't want to hit one..."I shifted uncomfortably on the tiny seat. We were a couple thousand feet...Read More
Election Day has finally arrived. Whowill win, and why gold will remain the biggest winner of them all?So, today is the day! It's Election Day.For quite some time, national pollsindicate that Biden has a significant advantage . He is also pollingscarcely close ahead of Donald Trump in key battleground states, but, in somestates, the lead has recently narrowed. So, in many places, the race is still...Read More
Heading into what will likely become one of the biggest events in American political history on November 3, the US stock markets are holding up quite well on Monday, November 2. My team and I have published a number of articles recently suggesting we believe wild price swings and increased volatility is to be expected before and after the US elections. We have even suggested a couple o...Read More
Election Day has finally arrived. Whowill win, and why gold will remain the biggest winner of them all?So, today is the day! It's Election Day.For quite some time, national pollsindicate that Biden has a significant advantage . He is also pollingscarcely close ahead of Donald Trump in key battleground states, but, in somestates, the lead has recently narrowed. So, in many places, the race is still...Read More
Heading into what will likely become one of the biggest events in American political history on November 3, the US stock markets are holding up quite well on Monday, November 2. My team and I have published a number of articles recently suggesting we believe wild price swings and increased volatility is to be expected before and after the US elections. We have even suggested a couple o...Read More
Election Day has finally arrived. Whowill win, and why gold will remain the biggest winner of them all?So, today is the day! It's Election Day.For quite some time, national pollsindicate that Biden has a significant advantage . He is also pollingscarcely close ahead of Donald Trump in key battleground states, but, in somestates, the lead has recently narrowed. So, in many places, the race is still...Read More