By John MauldinThe Real Cost of Low-Fee FundsYou Must Include the Cost of Risk When Calculating Total CostYou Must Have a Quantifiable Hedging StrategyWhere is the Market Going?Mastering the Market CycleWhat Should You Do Now?Puerto Rico, Frankfurt, and Here and ThereToday, rather than tackle some big macroeconomic issue, we'll go back to this letter's roots and look at market timing and portfol...Read More
Dear Friend of GATA and Gold:Our friend Lawrence Lepard, managing partner of Equity Management Associates in Wellesley, Massachusetts, whose investments have been concentrated in the monetary metals mining industry, has just sent a letter to his investors outlining the case for an upward reversal in the industry's fortunes.Lepard's letter may be most interesting for showing that the monetary met...Read More
Authored by Trey Reik, Senior Portfolio Manager, Sprott Asset Management USA, Inc.Over our two decades following global monetary affairs, we have often marveled at default confidence awarded the Federal Reserve. Don't misinterpret us the Fed's power borders on surreal. Seven governors and twelve regional bank presidents set the price of money not only for the world's largest economy, but throu...Read More
Expect falling asset inflation, but rising cost inflation By Charles Hugh SmithInflation is a funny thing: we feel it virtually every day, but we're told it doesn't exist the official inflation rate is around 2.5% over the past few years, a little higher when energy prices are going up and a little lower when energy prices are going down.Historically, 2.5% is about as low as inflation gets in...Read More
By Gary TanashianWe began the Amigos theme last year in order to be guided by the goofy riders during the ending stages of a cyclical, risk-on phase that was not going to end until the proper macro signals come about, no matter how many times the bears declared victory along the way. The fact that grown adults see conspiracies around every corner (okay, I see them around every third corner mysel...Read More
Huge recent imbalances in the gold futures market led many to predict that speculators (usually wrong at big turning points) would be Continue...Read More
McDonald's and 21 other fast-food chains received failing grades for not implementing policies to curb antibiotics.Continue...Read More
Crowds on Demand is an American publicity firm that provides clients with hired actors to pose as fans, paparazzi, security guards, unpaid protesters and professional paid protesters.Continue...Read More
The gold miners’ stockshave been largely ignored and neglected for years. Speculators and investors wanted little to dowith them for various reasons. But thatapathetic sentiment is finally starting to shift thanks to last week’sstock-market plunge. Capital is startingto return to this battered sector as traders begin to realize how radicallyundervalued it is. Se...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose slightly Friday, holding on to slim gains after suffering losses of more than 300 points in the previous session.PayPal Holdings Inc. (PYPL) jumped 8.2% after the digital-payments company posted stronger-than-expected third-quarter earnings and its active customer base topped 250 million.Pr...Read More
Adam HamiltonArchivesOct 19, 2018 The gold miners' stocks have been largely ignored and neglected for years. Speculators and investors wanted little to do with them for various reasons. But that apathetic sentiment is finally starting to shift thanks to last week's stock-market plunge. Capital is starting to return to this battered sector as traders begin to realize how radically undervalued it is...Read More
The Friday Market Minute Global stocks edging higher despite a triple cocktail of risks from China growth, European crisis and rising U.S. interest rates.China's Q3 GDP eased to the slowest pace since 2009, official data indicated, as Beijing's attempt to reign-in risky lending and the ongoing U.S. trade war bite into growth.EU officials kick-back Italy's 2019 budget, sending government bon...Read More
Investing.com - Gold prices gained on Friday as Asian stocks traded mostly lower after China reported disappointing third-quarter GDP data.Gold futures for December delivery on the Comex division of the New York Mercantile Exchange slipped 0.08% at?EUR?$1,226.4?EUR?a troy ounce by 1:19 AM ET (05:19 GMT).China’s economy grew 6.5% in the third quarter from a year earlier, its weakest pace sinc...Read More
The Canadian owner of this acreage will continue prospecting. Goldplay Exploration Ltd. (GPLY:TSX.V; GLYZF:OTCQB) received from the Mexican government a geological exploration permit that allows for trenching and drilling at the San Marcial project. "San Marcial is an near-surface high-grade silver, lead and zinc project for which a historical resource estimate has been previously disclosed," the...Read More
This company continues working toward updating its mineral resource. Lola comparison mapSRG Graphite Inc. (SRG:TSX.V) recently reported the results from 162 boreholes drilled at its Lola graphite deposit in Guinea, West Africa. The highlights included:Hole LL36-262441: 50 meters (50m) at 8.92% graphitic carbon (Cg), including 48m at 10.07% CgHole LL42-112057: 10m at 8.62% Cg, including 21.4m at 1...Read More
These discoveries demonstrated up to 1 meter of 106.31 gram per ton gold. Central part of CajueiroAltamira Gold Corp. (ALTA:TSX.V; EQTRF:OTCBB) recently reported three findings from trenching at its Cajueiro project in Brazil, which was done about 300 meters (300m) north of the known Matrincha resource there. Two of the three discoveries were new high-grade, gold-bearing structures at Matrincha,...Read More
Precious metals expert Michael Ballanger discusses the bullish set-up for gold and why he believes this time is different. For the first time in months, Fido the Wonder Dog has been in my office and at the foot of my bed 24/7 for the past few days giving me great solace that the current advance in precious metals prices is here to stay. Gone are his nervous tics every time my chair squeaks or when...Read More
It’s no secret that gold mining stocks are historically cheap and have been for several years. Traditional metrics like price to cash flow and price to book value showed that gold stocks in late 2015 were at arguably their cheapest points since the start of the bull market in the 1960s. Other metrics showed gold stocks to be the cheapest since the Roosevelt administration. It has been almost...Read More
Full Article: A Recession Is Coming. Who Will Take The Blame?By: Mish Shedlock of MishTalkAll booms end in recession. So who will accept the blame for the next one?Of course, nobody will volunteer to take any portion of the blame.Yet fingers will most assuredly be pointing.Trump will blame the Fed for hiking too fast.The Fed will blame Trump for starting a trade warFull Article: A Recession...Read More
An old proverb says, “Arrogance diminishes wisdom.” Rich dad believed that arrogance also diminished your riches. Applying this to money, rich dad said, “What I know makes me money. What I don’t know loses me money.”At some point in our life, we’re all arrogant.I’ve found that people most often are arrogant when they don’t know something, especially...Read More