A BMO Capital Markets report reviewed the numbers and guidance for each of the metals this United Kingdom-based company produced. In a Jan. 23 research note, analyst Edward Sterck reported Antofagasta Plc (ANTO:LSE) "had a strong end to 2018 resulting in record annual production" and "2019 is expected to be a new record year." He added the company "remains one of our Top Picks in the copper space...Read More
By: David SmithTwo years ago at a conference during which I both presented and attended, a Keynote speaker, "Rich Dad" Robert Kiyosaki, introduced me to a different way of looking at things. He posed the question, "How many sides does a coin have?"The correct answer is "three." The front (obverse), back (reverse) and... the edge!When you think about it, this makes sense. From this angle - uncomm...Read More
Graceland UpdatesBy: Stewart Thomson 1. The magnificent gold price rally has paused in the $1300 area for the past few weeks. Monday was COMEX option expiry day. 2. With that now out of the way, gold is already staging more upside action!3. Please click here now. Double-click to enlarge this daily gold chart. A bullish upside channel breakout is in play and the consolidat...Read More
COLORADO SPRINGS, CO, Jan. 28, 2019 -- Gold Resource Corporation (NYSE American: GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for January 2019 payable on February 25, 2019 to shareholders of record as of February 11, 2019. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nev...Read More
By George Smith"... if the journalistic credos of speaking truth to power, comforting the afflicted, and afflicting the comfortable have a godhead, that would have to be Paine, whose writing was so provocative and so uncompromising that he faced the gibbet and the blade everywhere he published in England, and in France, and in the United Colonies." Craig NelsonThomas Pain (later changed to Pa...Read More
Venezuela is nearing to be another Iran or Libya as it is trying to switch away from US dollar to other currencies on its crude oil and other natural resources. There will be a regime change in Venezuela soon. Russia and China will not be able to stop a regime change in Venezuela. UK has declined to give Venezuela its gold. The message is clear, US and UK will not give gold to nations have given...Read More
Martin Armstrong joined us for a wide-reaching discussion about the economy, stock markets, debt, gold and cryptos. He's absolutely certain that the parabolic 10 year stock market rise is going to continue onward and upward for many years, and not for reasons you may think. He's also predicting the rise of central bank cryptos as a means to further control the populace and fight crime. And that me...Read More
"This is the 'Everything Bubble.' What happens when it bursts? We don't know. So, gold, to me, is the thing I want to own and hold when you have a systemic crisis."Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.co...Read More
Known primarily by his nickname "Turd Ferguson," Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.Read More
Washington state recently introduced bills for some of the strictest gun laws in the country but they have some very important opponents: the sheriffs.Continue...Read More
It's hard to think of two people who have had more success in resource investing than Casey Research founder Doug Casey and Rick Rule, the president and CEO of Sprott U.S. Holdings.Continue...Read More
Jason talks about the new data from Caterpillar, Apple, ratio of "present situation" to "expectations" from the Conference Board confidence report and also what GameStop said about credit for LBOs.Read More
Sixty-three out of America's most populous seventy-five cities don't have the money to pay their bills.Continue...Read More
Facebook has been paying people in secret to install an app that lets the social mediant giant collect data on how they use their devicesContinue...Read More
Jan. 25th, 2019(S14-E680)Featured GuestsCEO Paul Snow &Bill MurphyPlease Listen HereShow HighlightsBill Murphy of GATA.org returns to the show with fresh insights on the PMs sector.Palladium is key precious metal in the auto manufacturing sector used primarily for emissions reduction in gas engines.China and other BRICS nations are stockpiling the metal amid a global shortage.The price of Pall...Read More
Gold took wing Friday, energized by weakness in the dollar. The $23 upthrust stalled almost exactly at the 1302.90 Hidden Pivot midpoint resistance shown, validating both the bullish pattern and a 1330.40 target we've been using for the last week or so. (Note: These numbers differ slightly from the ones given here earlier because the pattern's point 'C' low changed.) The 1330.40 'D' pivot wil...Read More
US-China trade war result, FOMC and January nonfarm payrolls will be closely watched. Gold and silver demand will be dependent on the ability/inability to trade over $1300 and $1560. A big week for gold and silver bulls. FOMC meet will be scanned for the timing of the next interest rate hike. Markets do not expect any interest rate hike this year. FOMC or Nonfarm payrolls either of them indica...Read More
We mentioned that the Friday session would decide the fate of our short position in EUR/USD. We witnessed a rebound and our positions were automatically (and profitably) closed. What kind of action is warranted, is it time to consider opening a long position or not? What about the Japanese yen and the Canadian dollar?Let's jump right into charts.EUR/USD - Sizable InvalidationThe weekly chart shows...Read More
All have large resources and solid production numbers.All are highly leveraged to higher gold/silver prices.All are in good locations and have quality management teams.All have good balance sheets and cost structures.In my previous article, I listed 15 gold and silver producers. These were the stocks that I thought would perform the best in a rising gold/silver price environment. It was inevitable...Read More
CAT and NVDA blamed slowing China demand for their weak forecastsStocks dropped out of the gate, on dismal guidance from construction heavyweight Caterpillar (CAT) and chipmaker Nvidia (NVDA), with both citing weak demand out of China. Sinking oil prices and reports of massive lost revenue for the U.S. because of the government shutdown only added to the risk-off backdrop. At the close, the Dow, S...Read More