Results will be incorporated into a forthcoming updated resource estimate. Liberty Gold's Goldstrike ProjectLiberty Gold Corp. (LGD:TSX) announced in a news release the results of drilling along the northern edge, or Dip Slope zone, of its Goldstrike deposit in Utah. After infilling gaps in the resource model, the area was tested with reverse circulation drilling. The drilling there "continues to...Read More
Results suggest further zones of mineralization on the property. Dixie Lake, Red Lake DistrictGreat Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTC) announced in a news release it "expanded its recent high-grade gold discoveries and identified a new ultramafic unit in the core of the Dixie gold system" based on results from 19 reconnaissance drill holes there.The area it tested was a 220 meter (east-we...Read More
The beleaguered goldstocks are recovering from their late-summer capitulation, enjoying a solidyoung upleg as investors gradually return. Their buying has pushed the leading gold-stock ETF near a major triplebreakout technically. That event should reallyboost capital inflows into this sector, accelerating the rally. A major gold and gold-stock buying catalystis likely imminent too...Read More
Gold was lower today in dollars but saw slight gains in pounds and euros. It was supported by increasing concerns about the likelihood of a ‘hard’ Brexit, about global economic growth and uncertainty around the Fed’s interest rate policies in 2019. Gold in GBP – 1 Month (GoldCore)Gold has consolidated on last week’s 2% gains in dollar terms and is essentially flat in...Read More
Central banks’ purchases create a floor for gold prices. Myth or fact? We invite you to read our today’s article about the central banks’ demand for gold and find out whether it will save gold. Gold is an important part of central banks’ foreign exchange reserves. As of H1 2018, they hold about 34,000 tons of bullion worth $1.36 trillion, or 10.3 percent of the total reserv...Read More
There are financial gurus out there that teach the best way to retire rich is to pay off debt. Their lessons usually suggest that debt is bad or even evil. They preach that it is smart to pay off your debt and to stay out of debt. And to an extent they are right.There is good debt and bad debt. It is wise to pay off bad debt-or not get into it in the first place. Simply said, bad debt takes money...Read More
"I am not so sure something like a debt jubilee, where all countries are supposed to hold hands and sing kumbaya, I don't know that scenario necessarily unfolds. . . . The debt will not be forgiven willingly."Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consu...Read More
The past few years have seen more than the usual amount of political upheaval. But, interestingly, most regime changes have resulted in pretty much the same thing: Higher government spending and bigger deficits.Apparently the only "reforms" today's voters will accept - which is to say the only actions that don't get a leader kicked out of office - involve spending rather than saving money.Three...Read More
"The Individual Mandate can no longer be fairly read as an exercise of Congress's Tax Power and is still impermissible under the Interstate Commerce Clause - meaning the Individual Mandate Continue...Read More
This stage will allow for maximized recovery of precious metals. Mineworx Technologies Ltd. (MWX:TSX.V; MWXRF:OTCQB) announced in a news release that phase two of the corporate e-waste concentration plant being developed in Vancouver is underway. The project is a joint venture undertaking between Mineworx and Enviroleach Technologies Inc. (ETI:CSE; EVLLF:OTCQB). Phase two, anticipated to be compl...Read More
Ever wanted to eat a browie covered in gold? Well, now you can.Continue...Read More
The beleaguered goldstocks are recovering from their late-summer capitulation, enjoying a solidyoung upleg as investors gradually return. Their buying has pushed the leading gold-stock ETF near a major triplebreakout technically. That event should reallyboost capital inflows into this sector, accelerating the rally. A major gold and gold-stock buying catalystis likely imminent too...Read More
Gold was lower today in dollars but saw slight gains in pounds and euros. It was supported by increasing concerns about the likelihood of a ‘hard’ Brexit, about global economic growth and uncertainty around the Fed’s interest rate policies in 2019. Gold in GBP – 1 Month (GoldCore)Gold has consolidated on last week’s 2% gains in dollar terms and is essentially flat in...Read More
Central banks’ purchases create a floor for gold prices. Myth or fact? We invite you to read our today’s article about the central banks’ demand for gold and find out whether it will save gold. Gold is an important part of central banks’ foreign exchange reserves. As of H1 2018, they hold about 34,000 tons of bullion worth $1.36 trillion, or 10.3 percent of the total reserv...Read More
The conventional definition of a Bear is someone who expects stocks to decline. For those of us who are bearish on fake fixes, that definition doesn’t apply: we aren’t making guesses about future market gyrations (rip-your-face-off rallies, dizziness-inducing drops, boring melt-ups, etc.).No, we’re focused on the impossibility of reforming or fixing a broken economic system.Many...Read More
Are we in a recession already?The cheerleaders in the mainstream financial press assure us the economy is going gangbusters. But recessions are typically only visible to statisticians long after the fact. They are, however, often visible in real time on the ground.Business volume drops, people stop buying houses and vehicles, restaurants that were jammed are suddenly half-empty and so on.There are...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort169,600109,10153,101134,285211,653356,986373,855Change from Prior Reporting Period -3,419-14,917772-78218,337-3,4294,192Traders16881704851247176 Small Speculators (C) GoldSeek.com LongShortOpen Interest 45,26428,395402,250 5,760-1,8612,331 non reportable positionsChange from...Read More
'Hard' Brexit Risk Sees Gold Gain In Euros and Pounds - Nears ?1,000/oz & EUR1,100/ozGold was lower today in dollars but saw slight gains in pounds and euros. It was supported by increasing concerns about the likelihood of a 'hard' Brexit, about global economic growth and uncertainty around the Fed's interest rate policies in 2019.Gold in GBP - 1 Month (GoldCore)Gold has consolidated on last wee...Read More
Concerns are rising about a global economic slowdownStocks ended the week on a dour note, with the Dow closing nearly 500 points in the red, marking its lowest settlement since May. The losses started with weak economic data out of China, and piled onafter healthcare icon Johnson & Johnson (JNJ) came under fire amid a report the company was aware of asbestos in its baby powder products for years....Read More
The beleaguered gold stocks are recovering from their late-summer capitulation, enjoying a solid young upleg as investors gradually return. Their buying has pushed the leading gold-stock ETF near a major triple breakout technically. That event should really boost capital inflows into this sector, accelerating the rally. A major gold and gold-stock buying catalyst is likely imminent too, a more-dov...Read More