By Steve St. AngeloWhile the gold mining industry reports energy as only 15-20% of its total production costs, the total amount consumed by the industry is much higher. The market underestimates the amount of energy consumed by the gold mining industry because of the way it is listed in their financial statements. Thus, it takes a great deal more energy to produce gold than the market realiz...Read More
By Graham SummersLove it, or hate it, the $USD is the reserve currency of the world. So what happens to it is of MASSIVE import to the rest of the financial system.With that in mind, take a look at the below chart.This is looking more and more like a "false breakout." False breakouts are dangerous developments because they usually lead to violent drops.In this case, the above chart suggests the...Read More
In our second GoldNomics podcast, we take a look at one of the important financial questions of our day - is this the greatest stock market bubble in history?Listen on iTunes, SoundCloud and BlubrryWatch on YouTube belowGoldCore CEO Stephen Flood and GoldCore's Research Director and world renowned precious metals commentator Mark O'Byrne in conversation with Dave Russell discuss why...Read More
VANCOUVER, B.C., Jan. 25, 2018 (GLOBE NEWSWIRE) -- Golden Arrow Resources Corporation (GRG.V) (FSE:GAC) (GARWF) ("Golden Arrow" or the "Company")2017 was a significant year for Golden Arrow Resources Corporation as management moved to establish two value streams for the Company.Golden Arrow's production income from the integration and production start?EUR'up, within the next six months, of the...Read More
After what seems like a decade in the shadow of tech stocks and cryptocurrencies, gold and silver are rocking again. Which of course leaves everyone wondering if this is the beginning of the long-awaited epic run, or just a head fake preceding yet another grinding, protracted, soul-sucking decline. The following chart has a couple of technical indicators that, if history still matters, shed some...Read More
Deliberate weakness of the US dollar by the Americans resulted in all metals and energies zooming. The Trump administration wants a weaker US dollar. As a gold bull, I hope that other central banks also jump into the bandwagon of weakening their currencies and we start a central bank currency war. If this happens gold will easily rise to $1961.80 before the end of the year. Manipulating currency...Read More
Update on Commencement of Drill ProgramVancouver, British Columbia--(Newsfile Corp. - January 25, 2018) - Zinc One Resources Inc. (TSXV: Z) (OTC Pink: ZZOF) (FSE: RH33) ("Zinc One" or the "Company") has received additional results from an ongoing surface-sampling program at its Bongar? Zinc Mine Project in north-central Peru.Highlights from the program include a surface channel sample (C-011-17)...Read More
Listen to this podcast on our site by clicking here or subscribe on iTunes here.We're living in unusual times, and trying to predict market movements is extremely difficult, which is why this time on the Big Picture, Jim Puplava discussed what's concerning him and where we might expect to see market challenges develop in the near future.Strange Days AfootBased on a number of metrics...Read More
Warren Buffet has such a trove of insightful investment quotes, and one of his best came in 2004. In his annual letter to shareholders, he wrote, "And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful."There's no doubt you've heard this quote before, as it's a guiding light for contrar...Read More
"It has been hard to come across a retail investor rag or stock blog without hearing about some way to play this theme, and countless web sites Continue...Read More
Annualized Standard Deviation vs Downside Deviation Source: Thomson Reuters Datastream, BMG Group Inc.Read More
The comments above & below is an edited and abridged synopsis of an article by Bill BlaineThree things could see the current gentle slippage in bonds become an avalanche. The first is unanticipated inflation drivers catching markets unawares; the second is overly active central banks making policy mistakes; the third is contagion as rising rates trigger weakness in stock markets and a raging tide...Read More
The comments above & below is an edited and abridged synopsis of an article by Tyler DurdenOver the past two years, in trying to justify the recovery narrative, central bankers and policymakers have been pushing long-term interest rates higher in order to reprice inflation expectations with one end goal: boost long-term rates while keeping the yield curve steep, and reflate away the record global...Read More
The comments above & below is an edited and abridged synopsis of an article by Jim RickardsGold and silver coins were once legal tender in the US; let's hope it's not going the way of the Roman Empire in terms of a political decline coinciding with the substitution of base metals for gold and silver coinage.Silver is as much a monetary metal as gold, and has just as good a pedigree when it comes t...Read More
The comments above & below is an edited and abridged synopsis of an article by Tyler DurdenDays after China's threat to slow/stop buying US Treasuries, and days before the launch of China's petro-yuan futures contract, Germany's central bank said it would include China's renminbi in its reserves.Hamburg: sculpture near office building of Deutsche Bundesbank in Hamburg city. Hamburg is the second l...Read More
The comments above & below is an edited and abridged synopsis of an article by SRSRocco ReportChinese demand for physical gold surged in 2017, while Americans went for cryptocurrencies and the stock market. Chinese citizens purchased the most gold bar and coin products since the same period in 2013, when they took advantage of huge gold market price selloff.Chinese gold bar and coin demand increas...Read More
The comments above & below is an edited and abridged synopsis of an article by Fasanaro CapitalThe Peak PEG ratio is a price to peak-earnings multiple, adjusted for long-run trend growth. It considers the highest (rather than average) earnings over the previous 10 years and then divides for growth potential. When measured against potential growth, even on its highest earnings, the S&P has never be...Read More
Adem Tumerkan January 25, 2018 Category: Research I wrote this last week about the USD. . .“Once the US Dollar Index breaks below 90 - which could happen any day now - then dollar bulls will retreat.And it will only snowball downhill from there.” Many analysts and “expert” CNBC pundits disagreed with our bold call.They didn’t think it would happen. And if it even were...Read More
CloseGain/LossGold $1357.70+$16.70Silver$17.56+$0.51XAU92.08+2.42%HUI207.17+2.19%GDM688.77+2.23%JSE Gold1313.95+48.88USD89.25-0.87Euro124.02+1.04Yen91.76+0.97Oil$65.61$1.1410-Year2.652%+0.006T-Bond148.65625-0.5625Dow26252.12+0.16%Nasdaq7415.06-0.61%S&P2837.54-0.06% The Metals: Gold climbed up to $1355.40 in midmorning New York trade before it pared back a bit into midday, but it then jumpe...Read More
- Cyber war is increasing threat - Investors are not prepared for- Third most likely global risk in 2018 is cyber war say WEF- "Scale and sophistication of attacks is going to grow"- EU, US, NATO lay down ground rules for offensive cyber war- Ireland is viable target for attackers but is 'grossly unprepared for cyber war'- UK should expect attack that cripples infrastructure within 2 years- Tru...Read More