Chris Whalen, publisher of the Institutional Risk Analyst and financial industry expert, stops by the office to discuss the economy, credit and the Fed. @rcwhalen1:22 The banks, as safe as a house?6:51 A tightening Fed and profits10:55 Rising credit costs coming down the pike6:48 Leveraged loans, then and now20:04 Goodbye, wealth effectJames "Jim" Grant is an American writer and publisher and the...Read More
Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, f...Read More
In July 1996, flight TWA 800 exploded in mid-air, 12 minutes after taking off from JFK International Airport in New York. All 230 passengers on board were killed.Continue...Read More
Large companies are failing to protect your privacy and the sanctity of your personal data. Attorney Chris Ayers believes that it's time for an Internet Bill of Rights that will force companies to secure your data and restrict their ability to profit off it. He's not as concerned with big social media platforms barring diverse thought, as he doesn't think the government should be controlling conte...Read More
The great Chinese growth slowdown has been proceeding in stages for the past two years. The reason is simple. Much of China's "growth" (about 25% of the total) has consisted Continue...Read More
When will the strong dollar weaken? Ultimately, the answer is whenever the Treasury wants. When the Treasury is not overly concerned with the dollar, market forcesContinue...Read More
After a long, initially-successful run promoting European integration and mass immigration, German Chancellor Angela Merkel saw the bottom fall out of her political fortunes this year. Continue...Read More
"A cowardly criminal targeted Republican Victory Hq in South Daytona overnight shattering front windows & piercing interior walls with bullets. 4 gunshots."Continue...Read More
China is proposing a cut in the tax levied on car purchases by half, as the trade war between the United States and China continues to impact the Chinese economy Continue...Read More
Kitco's Peter Hug believes that we're close to seeing precious metals prices rise again. The stock markets appear to be getting closer to their peaks, if they haven't hit them already. It's just a matter of time. As the alternatives run out, gold will become the logical choice. And when it happens, it will happen much more quickly than almost anyone believed possible. So why not plan for the event...Read More
David Erfle believes that the current weakness in gold stocks and the GDX portend a further downturn in metals prices. In addition, we've got tax loss selling season moving ahead in Canada, which always makes Q4 a weak time for mining stocks. But once that's out of the way, things should be picking up and we'll see stronger prices. Read More
John Newell of Fieldhouse Capital charts the volatility of a Golden Triangle explorer. Juggernaut Exploration Ltd. (JUGR:TSX.V) is a "story stock" that started drilling its Midas and Empire properties in the summer of 2018. In an ironic twist of fate, Mother Nature has exposed these copper, gold, silver, lead and zinc targets and showings, as the northern glacier receded, exposing this virgin gro...Read More
Precious metals expert Michael Ballanger discusses recent moves in the stock market. As the month of October fades away and is replaced by the month of November, which represents the start of the "best six months of the year" for stocks, traders are all sharpening pencils, firing up slide rules and priming keyboards in anticipation of making some very bold calls on the pending "bottom" for the cu...Read More
Technical analyst Clive Maund charts a company that he believes may benefit from a confluence of factors. Golden Ridge Hank ProjectYou may recall that we did a very good trade in Golden Ridge Resources Ltd. (GLDN:TSX.V), buying it back in the Spring, with the initial purchase at C$0.13, and then selling at least half of it very near to the top early in September at about C$0.47 right before it ca...Read More
Economic geologist Nigel Maund discusses a copper miner and explorer that he sees as a "longer term, investment play with substantial upside growth potential." Copper Mountain Mining Corp. (CMMC:TSX; CPPMF:OTC.MKTS; C6C:ASX) is listed on three exchanges, although the highest daily share turnover (by a factor of 5 to 10x ASX turnover) is on the Toronto TSX. The company is a medium rank copper prod...Read More
Economic geologist Nigel Maund provides a fundamental analysis on a company developing a gold and silver mine located close to Mexico City. Almaden Minerals Ltd. (AMM:TSX; AAU:NYSE) was founded in 1980. AAU is listed on the NYSE and TSX with a total of 111.6 million ordinary shares in issue (June 30, 2018), plus 10 million options with a strike price of C$1.26 (against a current TSX stock price of...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
CloseGain/LossGold $1229.10-$4.90Silver$14.45-$0.25XAU64.70-0.71%HUI144.02-0.43%GDM529.83-0.10%JSE Gold1166.01-47.57USD96.61+0.26Euro113.85-0.35Yen89.06-0.36Oil$67.04-$0.5510-Year3.088%+0.009T-Bond139.28125-0.15625Dow24442.92-0.99%Nasdaq7050.29-1.63%S&P2641.25-0.66% The Metals: Gold dropped $6.30 to $1227.70 in London and spiked down to $1224.50 in early afternoon New Yor...Read More
Peter KrauthWhat happened in gold prices over the least week is going to become more commonplace.Early Tuesday morning (Oct. 23), as I began my daily routine, I checked in on gold prices just before 8 a.m.What I saw shocked me: $1,237.That was the price for an ounce of gold; $15 higher after the metal had ended the previous day at $1,222.The price of gold hit a three-month peak as stocks slid glob...Read More
CloseGain/LossGold $1229.10-$4.90Silver$14.45-$0.25XAU64.70-0.71%HUI144.02-0.43%GDM529.83-0.10%JSE Gold1166.01-47.57USD96.61+0.26Euro113.85-0.35Yen89.06-0.36Oil$67.04-$0.5510-Year3.088%+0.009T-Bond139.28125-0.15625Dow24442.92-0.99%Nasdaq7050.29-1.63%S&P2641.25-0.66% The Metals: Gold dropped $6.30 to $1227.70 in London and spiked down to $1224.50 in early afternoon New Yor...Read More