The stock market got creamed on Christmas Eve and gold benefitted as its safe-haven status was fulfilledContinue...Read More
Sector expert Adrian Day examines the feasibility study for this company's Mexico-based project. In this bulletin, we look at the recently released feasibility study on Almaden Minerals Ltd.'s (AMM:TSX; AAU:NYSE) Ixtaca project. Separately, our somewhat aggressive sell limit for Nevsun Resources Ltd. (NSU:TSX; NSU:NYSE.MKT) has not been hit, so we will publish another bulletin specifically on thi...Read More
The Critical Investor profiles a prospect generator that has decided to explore its flagship project itself. Alvalade project1. IntroductionAs Avrupa Minerals Ltd. (AVU:TSX.V; AVPMF:OTC: 8AM:FSE) was experiencing delays in finalizing its option agreement on its Portuguese projects with a major copper producer, time was running out on one of its most important claims. A certain amount of explorati...Read More
A Raymond James report relayed how this royalty and streaming firm intends to use the proceeds. In a Dec. 19 research note, analyst Brian MacArthur reported that Osisko Gold Royalties Ltd. (OR:TSX; OR:NYSE) received about CA$159.4 million, or US$118.5 million, from Pretium Resources Inc. (PVG:TSX; PVG:NYSE) from its repurchase of Osisko's interest in the Brucejack mine's gold-silver stream. Follo...Read More
Here's a quick update of my Gold Price trend forecast.My forecast conclusion as of early September was to expect the following trend for the Gold Price for the remainder of 2018 My gold price trend forecast was first made to Patrons who support my work. So to get immediate First Access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 pe...Read More
Please note: US markets are closed tomorrow for Christmas. CloseGain/LossGold $1269.00+$13.50Silver$14.77+$0.15XAU70.55+2.74%HUI161.79+3.40%GDM586.16+2.58%JSE Gold1359.59+42.78USD96.49-0.54Euro114.21+0.58Yen90.68+0.66Oil$42.53-$3.0610-Year2.734%-0.049T-Bond145.40625+0.59375Dow21792.20-2.91%Nasdaq6192.92-2.21%S&P2351.10-2.71% The Metals: Gold gained nearly $10 in Asia before it halved its...Read More
Wall Street didn't take well to the Federal Reserve's latest rate hike and projection for two more to come in 2019.Neither did the White House.President Donald Trump slammed Fed chairman Jerome Powell yet again and reportedly asked advisors within his inner circle whether he has the legal authority to fire Powell.It would be unprecedented for a President to fire a Fed chairman before his term is...Read More
By Frank HolmesSummary:Anticipating trouble ahead, fund managers make a historic rotation out of equities into bonds.Gold and gold mining stocks have been the one bright spot this quarter.Tax reform turns one year old. Has it achieved what was expected?Disregarding strong opposition from the likes of DoubleLine Capital founder Jeffrey Gundlach, legendary hedge fund manager Stanley Druckenmiller,...Read More
By David HaggithMake no mistake about it, there's real fear and panic out there as markets are dislocating to the downside.... But note that on many charts we are showing 2008/2009 like conditions, something that is entirely inconsistent with the earnings and economic data we're still seeing: It's almost as if markets are pricing in a financial crisis that has yet to occur.... I see slowing grow...Read More
Featured GuestsGerald Celente & David MorganHappy Holidays - Merry Xmas!Show HighlightsPart II with Trends Research Institute and Globalnomic(R) Trend Forecaster, Gerald Celente includes 4 key trends.Higher interest rates, oil prices, social unrest and war rate high on the watchlist.The economic recession in the Crimea region could ignite conflict between two powerful former allies, Ukraine and...Read More
By Frank Holmes StrengthsThe best performing metal this week was gold, up 1.39 percent. Gold traders continue to be bullish on the yellow metal amid concerns about economic growth, as measured by the weekly Bloomberg survey. ETFs backed by gold saw holdings increase for 10 days straight, bringing this year's net purchases to 1.47 million ounces, according to data compiled by Bloomberg. Gold sto...Read More
By Keith WeinerWe could also have entitled this essay How to Measure Your Own Capital Destruction. But this headline would not have set expectations correctly. As always, when looking at the phenomenon of a credit-fueled boom, the destruction does not occur when prices crash. It occurs while they're rising. But people don't realize it, then, because rising prices are a lot of fun. They don't rea...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.comTwitter: @Davcha12December 24, 2018"At the end of each year I make a list of my mistakes, and it's pretty friggin long" Dean Lombardi (ice hockey executive, GM San Jose Sharks 1996-2003, GM Los Angeles Kings 2006-2017 "I made no resolutions for the new year. The...Read More
By John MauldinPowell and the New FedLate in the CycleBond BoomPriced to SellA Little NostalgiaWe have reached the best time of year, when we can look to the future with hope. We can stop wondering what will happen in 2018 and look forward to 2019. The investment industry always does this enthusiastically, as you will see in forecasts everywhere the next few weeks.Not wanting to be left out, or...Read More
A Monday Morning Musing from Mickey the Mercenary Geologist Non-renewable natural resources (e.g., industrial metals, precious metals, agricultural minerals, industrial minerals and rocks, energy fluids, and energy solids) are extracted from Earth's surface and its depths. Exploitation of these resources naturally leads to depletion and more must constantly be found, developed, and mined. In ou...Read More
MERRY CHRISTMASThe US government shut down (if any) should be bullish for gold once again. I repeat, other than economics all other factors are ripe for 2019 to be a "gold en" year. There is speculation that Trump may replace the Federal Reserve chief Jeremy Powell. The US dollar will lose its so called safe haven status if there is such a move. The euro and pound and even the Chinese have som...Read More
This time of year always makes me reminiscent. With all the holiday time spent with family and the New Year approaching, I like to look around at what I've accomplished. And look back at my life to think about how I got to where I am. Your next two issues will be special-one piece in two parts. I'll discuss something near and dear to me; something that's helped me to become not only the financial...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
We all had a big shock this week when, seemingly out of the blue, President Trump announced that he was removing US troops from Syria and would draw down half of the remaining US troops in Afghanistan. The president told us the troops were in Syria to fight ISIS and with ISIS nearly gone the Syrians and their allies could finish the job.All of a sudden the Trump haters who for two years had been t...Read More
Secretary Mnuchin convened individual calls with the CEOs of the nation's six largest banks. See attached statement.Continue...Read More