The owner of this gold asset provided the details of the revised study. Leagold Santa LuzThe update to Leagold Mining Corp.'s (LMC:TSX.V; LMCNF:OTCQX) feasibility study on its Santa Luz project in Brazil showed strong economics. "With a high internal rate of return (IRR) and low costs, Santa Luz is a very attractive project," said CEO Neil Woodyer.In the study, conducted by RPA Inc., Proven and P...Read More
Just had a long and very good conversation with President Xi Jinping of China. We talked about many subjects, with a heavy emphasis on Trade. Those discussions are moving along nicely with meetings being scheduled at the G-20 in Argentina. Also had good discussion on North Korea!Continue...Read More
Continue...Mike "Mish" Shedlock a registered investment advisor, representative for Sitka Pacific Capital Management and he operates one of the most popular websites about the economy and investing online: MISH'S Global Economic Trend Analysis.Read More
ABC's reboot of the Roseanne show is a total flop - coming in dead last in ratings this week, according to Showbiz 411, which adds that just one more episode has been ordered. Continue...Read More
It has been a rough year for gold stock investors. Since Gold failed to break to the upside and the US Dollar bottomed,Continue...Read More
Gold's volatile ride continued on Thursday as the U.S. dollar pulled back from its strongest levels in monthsContinue...Read More
CloseGain/LossGold $1233.20+$16.30Silver$14.74+$0.46XAU67.19+4.52%HUI149.73+4.84%GDM544.52+3.60%JSE Gold1139.52-24.28USD96.27-0.74Euro114.11+0.86Yen88.87+0.25Oil$63.69-$1.6210-Year3.139%-0.008T-Bond138.50+0.375Dow25380.74+1.06%Nasdaq7434.06+1.75%S&P2740.37+1.06% The Metals: Gold climbed steadily higher throughout most of world trade and ended near its midafternoon New Yor...Read More
CloseGain/LossGold $1233.20+$16.30Silver$14.74+$0.46XAU67.19+4.52%HUI149.73+4.84%GDM544.52+3.60%JSE Gold1139.52-24.28USD96.27-0.74Euro114.11+0.86Yen88.87+0.25Oil$63.69-$1.6210-Year3.139%-0.008T-Bond138.50+0.375Dow25380.74+1.06%Nasdaq7434.06+1.75%S&P2740.37+1.06% The Metals: Gold climbed steadily higher throughout most of world trade and ended near its midafternoon New Yor...Read More
By Ira EpsteinChina and the US talk which caused gold to rally.https://www.iraepstein.com/ Read More
By Dave KranzlerOne of the proprietors of StockBoardAsset.com tweeted about two weeks ago wondering when the stock market was going to start pricing in a slow-down in the economy. To that I responded by pointing out that the DJ Home Construction index is starting to price in a housing market crash. Residential construction + all economic activity connected to selling and financing existing homes...Read More
By Frank HolmesAs the stock market bull potentially nears the end of its run and we head into the last two months of 2018, many investors are making adjustments to their portfolios. Over the course of my travels and in conversations with other industry experts, I'm constantly reminded the importance of: 1) understanding the difference between investing and speculating, and 2) understanding ris...Read More
Gold has once again fallen into a rut, dropping moderately for three consecutive days. This has occurred with the December contract having failed by $8 to achieve a $1254.10 rally target I'd flagged. The futures have since made a tentative bottom 0.60 above the $1212.80 correction target where I'd suggested bottom-fishing. We narrowly missed catching the $5.40 rally that ensued, but will it ge...Read More
In our latest video update, we consider the performance of markets in a volatile October. Stock markets globally fell sharply while gold acted as a hedge in all currencies, rising 1.7% in dollars, 4.4% in euro terms and 4.2% in sterling terms.Stocks Fall Sharply in OctoberThe S&P 500 is just short of a 10% decline from its record September high and remains on pace for the worst month since 2009....Read More
CloseGain/LossGold $1233.20+$16.30Silver$14.74+$0.46XAU67.19+4.52%HUI149.73+4.84%GDM544.52+3.60%JSE Gold1139.52-24.28USD96.27-0.74Euro114.11+0.86Yen88.87+0.25Oil$63.69-$1.6210-Year3.139%-0.008T-Bond138.50+0.375Dow25380.74+1.06%Nasdaq7434.06+1.75%S&P2740.37+1.06% The Metals: Gold climbed steadily higher throughout most of world trade and ended near its midafternoon New Yor...Read More
Last week, while on the campaign trail stumping for Republicans prior to the midterm elections on Nov 6, Trump touted a new tax cut plan for the middle class to the tune of 10 percent.According to the top Republican lawmaker on tax policy in the U.S. House of Representatives, Kevin Brady of Texas, the plan will be revealed in the coming weeks: "President Trump believes American families deserve to...Read More
There’s no question Donald Trump is the richest President in the history of the United States.At a staggering estimated net worth of over $5.5 billion dollars, he’s richer than every previous U.S. president... combined!And while it’s public knowledge he made his fortune in real estate...Few people know exactlyhow he did it.Especially the mainstream media... (They’re clueles...Read More
Nov 02, 2018 Guest(s): Marin Katusa Chairman, Katusa Research Silver could fall much lower, but this is not due to a shortage of silver, said Marin Katusa, chairman of Katusa Research. Producers have yet to see a "fracking" moment in the precious metals space, and there are plenty of players in the market innovating to worry about a shortage in silver. "There's all these new emerging markets tha...Read More
Nov 02, 2018 Guest(s): Keith Neumeyer CEO, First Majestic Based on supply and demand fundamentals, there is currently a deficit in the silver market, said Keith Neumeyer, CEO of First Majestic Silver. "First Majestic is a member of the Silver Institute, and the Silver Institute does publish annual numbers, and these annual numbers show that the miners, globally, have produced 800 million ounces...Read More
So far, the 21st Century has seen one B.S. bubble after another.Even worse, these bubbles have inflated beyond any recognizable or manageable form. They've morphed into monsters, seemingly with minds and wills of their own.Continue...Read More
Jason Burack of Wall St for Main St welcomes back gold hedge fund manager and upcoming author Dan Oliver of Myrmikan Capital, LLC http://myrmikan.com/ for an interview about financial history, the current global macro environment post 2008 Lehman Brothers, gold and gold mining.Dan says that not only has nothing been learned from the 2008 financial crisis but that worse mistakes have been made by c...Read More