A junior holds a large tract of land in an area that has seen artisanal gold mining for generations that could turn out to be a major copper porphyry belt. Drilling at CajueiroA decade ago, what is now Altamira Gold Corp. (ALTA:TSX.V; EQTRF:OTCBB) started out as a private company called Alta Floresta Gold, which held a mineral property package in the heart of Brazil. In 2015, Alta Floresta Gold v...Read More
Fund manager Adrian Day discusses a young precious metals royalty company that has accomplished a lot in a short time. Technical analyst John Newell of Fieldhouse Capital Management provides charts. Streetwise Reports: Adrian Day Asset Management holds various precious metals royalty companies. Would you tell us about one young royalty company that your fund holds? Adrian Day: I like the royalty...Read More
The mine remains on schedule for first gold delivery in the second half of 2019. Victoria Gold Corp. (VIT:TSX.V) has recently provided two updates on its Canadian property: one on the Eagle mineral resource and another on construction work at the project. According to a news release, the updated mineral resource at Eagle encompasses results from 58 drill holes and core holes, all done after the...Read More
"Very productive conversations going on with China! Watch for some important announcements!"Continue...Read More
CloseGain/LossGold $1243.00-$1.30Silver$14.55+$0.03XAU67.09-0.46%HUI152.82-0.78%GDM558.66-0.31%JSE Gold1249.83+2.68USD97.42+0.21Euro113.22-0.35Yen88.22-0.12Oil$51.65+$0.6510-Year2.879%+0.025T-Bond143.90625-0.15625Dow24370.24-0.22%Nasdaq7031.83+0.16%S&P2636.78-0.04% The Metals: Gold gained $5.20 to $1249.50 in London before it chopped back down to $1241.10 by midafternoon...Read More
Tonight I would like to show you some charts from the PM complex we haven’t looked at in a long time. Some of these charts will look familiar to some of our long term members as they were very helpful in the past to help us figure out what the PM complex was up to. This first chart is a ratio combo chart which has the GOLD:XAU on top and the XAU on the bottom. When the ratio is rising gold i...Read More
The precious metals sector has just one standoutperformer this year, and that is palladium. Lately the market for that metalhas gotten more than just hot. Developments there could have implications forthe LBMA and the rickety fractional reserve system of inventory underpinning allof the physical precious metals markets. Craig Hemke of the TF Metals Report was MoneyMetals’ podcast guest this...Read More
CloseGain/LossGold $1243.00-$1.30Silver$14.55+$0.03XAU67.09-0.46%HUI152.82-0.78%GDM558.66-0.31%JSE Gold1249.83+2.68USD97.42+0.21Euro113.22-0.35Yen88.22-0.12Oil$51.65+$0.6510-Year2.879%+0.025T-Bond143.90625-0.15625Dow24370.24-0.22%Nasdaq7031.83+0.16%S&P2636.78-0.04% The Metals: Gold gained $5.20 to $1249.50 in London before it chopped back down to $1241.10 by midafternoon...Read More
By Ed Steer11 December 2018 -- TuesdayYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price went vertical the moment that trading began in New York at 6:00 p.m. EST on Sunday evening in New York. but the short sellers of last resort were there in seconds -- and from that point the price chopped quietly sideways until shortly before 3 p.m. China Standard Time on their Monday afternoon...Read More
By Craig HemkeEach of the past five years, we've predicted a year-end and new-year rally in precious metals. And for each of the past five years, the market has performed as forecast. So, what can be expected as 2018 becomes 2019? Let's begin with the past. As mentioned above, each of the past five years have seen year-end gold and silver price rallies. These rallies have begun around the time o...Read More
The Global Financial Crisis, a broader deeper more powerful systemic crisis than the Lehman Event was, has finally arrived in a great redux. It is seen in numerous areas. We have finally arrived at the ten-year anniversary of the Lehman event, a killjob whereby JPMorgan and Goldman Sachs bought a few $billion in mortgage bonds and never paid Lehman Brothers. The firm died, called a financial fai...Read More
By Dave KranzlerI chuckle when the hedge fund algos grab onto "positive" trade war headlines and trigger a sharp spike in stock futures. Settlement of the trade war between the Trump Government and China will do nothing to prevent a global economic recession - a recession which will likely deteriorate into a painful depression. The Central Bank "QE" maneuver was successful in camouflaging an...Read More
Graceland UpdatesBy Stewart Thomson 1. Where are the populist government leaders who are cutting their outrageous government debts? 2. The answer, unfortunately, is that they do not exist.3. Citizens riot in France over insane fuel taxes, central bankers resign in India, markets crash in America, and England's citizens watch their Brexit turn into an overpriced wet noodle.4....Read More
In two short months market psychology has undergone radical transformation Two months ago we warned of October being the month markets have been known to go bump in the night - 1907, 1929, 1987, 1997, 2007, 2008. Sure enough, on October 2 the Dow Jones Industrial closed at 26,828. By the end of the month, it stood at 25,115 - down over 1700 points and nearly 6.5%. Since then stock market psychol...Read More
By RambusTonight I would like to show you some charts from the PM complex we haven't looked at in a long time. Some of these charts will look familiar to some of our long term members as they were very helpful in the past to help us figure out what the PM complex was up to. This first chart is a ratio combo chart which has the GOLD:XAU on top and the XAU on the bottom. When the ratio is rising g...Read More
CloseGain/LossGold $1243.00-$1.30Silver$14.55+$0.03XAU67.09-0.46%HUI152.82-0.78%GDM558.66-0.31%JSE Gold1249.83+2.68USD97.42+0.21Euro113.22-0.35Yen88.22-0.12Oil$51.65+$0.6510-Year2.879%+0.025T-Bond143.90625-0.15625Dow24370.24-0.22%Nasdaq7031.83+0.16%S&P2636.78-0.04% The Metals: Gold gained $5.20 to $1249.50 in London before it chopped back down to $1241.10 by midafternoon...Read More
Full Article: Gold Resilient In Light Of Falling British Pound And U.S. Dollar StrengthBy: Gary WagnerIn light of an extremely strong U.S. dollar, gold is holding up quite well today. We only need to look at the KGX (Kitco Gold Index) to illustrate that point. As of 5:00 PM Eastern Standard Time, spot gold is currently fixed at $1,243.30, which is a net decline of $4.40 on the day. Today's decl...Read More
It's that time of year for a lot of people where your wallet and your "wants" aren't on the same page.It’s no secret that the average American isn’t good with money. As The Motley Fool reports, almost 70% of Americans don’t have even $1,000 in the bank. And “almost half of Americans claim that to cover a $400 emergency, they’d need to borrow the money or sell somethin...Read More
Dec 12, 2018 Guest(s): Peter Hug Global Trading Director, Kitco Metals While a rate hike is likely to happen at the next Federal Reserve Meeting next week, a more dovish tone is expected in 2019, said Peter Hug, global trading director of Kitco Metals. "We think the Fed is going to back off in 2019 and it appears that a lot of analysts are indicating that the Fed is going to be much more dovish...Read More
"Because of the artificial control of the system, the cycles becomes ten times or a hundred times bigger than they would have been by natural forces."Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon von Greyerz has been actively involved with financial investment activities including mergers and acquisitions and asset alloca...Read More