According to St. Louis Fed projections, the coronavirus pandemic could result in 47 million jobs lost and send the unemployment rate past 32%!Continue...Read More
Medical experts in Europe and beyond are unable to keep up with the number of coronavirus patients needing respirators so they have come up with an interesting solution to the problem.Continue...Read More
Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to com...Read More
Nominal interest rates are at zero (with real rates probably negative), deficit spending continues to explode and the Federal Reserve's Continue...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comMarch 31, 2020Gold is majestically postured now, because America’s government and central bank continues to borrow, spend, and print money with surreal intensity.The light at the end of the tunnel is a stagflationary freight train.Pleaseclick here now. Double-click to enlarge.A beaut...Read More
Dave Kranzler, Investement Research Dynamic's Mining Stock JournalI truly thought I had seen all that was possible in the creation of paper gold when the Comex rolled out its "pledged gold" category which enabled technically insolvent banks like HSBC and JP Morgan - the only two Comex banks to have taken advantage of this new gold derivative product - to use paper gold to satisfy the performance...Read More
Gary TanashianThe simple answer is that is what they are doing, inflating.The slightly less simple answer is that they inflated in 2001 and it worked (for gold, silver, commodities and eventually stocks, roughly in that order). It also worked in 2008-2009 (for gold, silver, commodities and eventually stocks, roughly in that order).The more complicated answer is that we are down a rabbit hole of...Read More
Extraordinary times call for extraordinary measures, as they say, and the past number of days have been nothing if not total confirmation of that adage. As of Monday morning, the number of confirmed coronavirus cases in the U.S. stood at more than 143,000, with New York City appearing to have become the new global epicenter of the pandemic. Hospitals in the hardest-hit areas of the countr...Read More
Jordan Roy-Byrne CMT, MFTAThe historic action of the precious metals sector over the past few weeks has continued.The strong recovery in GDX, GDXJ, and Silver has potentially invalidated the technical breakdown that occurred during the crash. It appears to be a failed breakdown.Furthermore, Gold was looking vulnerable on the weekly, and monthly chart yet was able to slingshot back to $1700/oz. I...Read More
Gary Savage Perma-bears are going to wrong. This is why:Read More
Ira EpsteinGold still has a bullish pattern in the short-term. Support around $1595..Read More
Range bound trade in gold and silver will be broken by tomorrow and a new range will be formed. A new month and a new quarter high on economic optimism but low on confidence. Uncertainty on global economy and inability to prevent coronavirus spread has resulted in gold remaining firm and crude oil and industrial metals trading with a softer bias. Spot gold should have broken past $1700. By the s...Read More
Peter Epstein of Epstein Research and Falcon Gold CEO Karim Rayani review prospects from the company's holdings in Ontario. Few investments are working these days. Oil, blue-chip stocks, cotton, lumber major mining companies. . .all have been decimated in the past six weeks. Teck Resources Ltd. (TCK:TSX; TCK:NYSE) is down 73% from its 52-week high. Copper is 27% lower than it was a year ago. Yet...Read More
Maurice Jackson of Proven and Probable discusses the future of DNI Metals with the company's executive chairman. Maurice Jackson: Today we will share a graphite development company set for production. Joining us for a conversation is Dan Weir, the executive chairman of DNI Metals Inc. (DNI:CSE; DMNKF:OTC). Mr. Weir, welcome to the show, sir. Delighted to have you back to provide us with a number...Read More
All key equipment needed to proceed is at the site of MAG Silver and JV partner Fresnillo's project. JuanicipioMAG Silver Corp. (MAG:TSX; MAG:NYSE A) provided in a news release an update on and recapped 2019 progress at its Juanicipio joint venture project with Fresnillo Plc (FRES:LSE) in Mexico."Construction and exploration drilling continue at the Juanicipio Project. We are fortunate that all t...Read More
Ely Gold Royalties has completed the purchase agreement and lease assignments for eight mining claims at the producing Gold Bar Mine located in Eureka County, Nevada. In a news release, Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQB) reported that it has closed the purchase agreement and lease assignments that the company previously announced in February 2020 through its wholly owned subsidiary,...Read More
Seabridge Gold will start work on the project with a review of historical data. In a news release, Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced it agreed to acquire Golden Predator's 3 Aces orogenic gold project in the Yukon. The company has termed the project a "high-grade, near surface gold opportunity in an mining-friendly jurisdiction."For the project, Seabridge will pay Golden Predat...Read More
Dave Kranzler, Investement Research Dynamic's Mining Stock JournalI truly thought I had seen all that was possible in the creation of paper gold when the Comex rolled out its "pledged gold" category which enabled technically insolvent banks like HSBC and JP Morgan - the only two Comex banks to have taken advantage of this new gold derivative product - to use paper gold to satisfy the performance...Read More
Gary TanashianThe simple answer is that is what they are doing, inflating.The slightly less simple answer is that they inflated in 2001 and it worked (for gold, silver, commodities and eventually stocks, roughly in that order). It also worked in 2008-2009 (for gold, silver, commodities and eventually stocks, roughly in that order).The more complicated answer is that we are down a rabbit hole of...Read More
Extraordinary times call for extraordinary measures, as they say, and the past number of days have been nothing if not total confirmation of that adage. As of Monday morning, the number of confirmed coronavirus cases in the U.S. stood at more than 143,000, with New York City appearing to have become the new global epicenter of the pandemic. Hospitals in the hardest-hit areas of the countr...Read More