Back in 1998, author Harry Browne wrote Fail-Safe Investing, a book that introduced the world to a concept called a permanent portfolio. Browne argued that this powerful asset allocation model as a way for investors to participate in upside while the market goes up while protecting themselves in the event of a downturn.The permanent portfolio consists of the following: 25% of assets in growth sto...Read More
Trevali Mining's Caribou zinc mine in the Bathurst Mining Camp of New Brunswick. Source: Trevali Mining Corp.Trevali Mining Corp. [TV-TSX, TREVF-OTCQX, 4T1-Frankfurt, TV-LMA] on Tuesday said it has downgraded the production guidance for its Caribou mine in New Brunswick due to challenging rock mass conditions. However, the company said increased zinc production from its Perkoa operation in in Burk...Read More
Quartz-carbonate veining and vuggy pyrite mineralization in drill core hole ESO-06-03Aurelius Minerals Inc. [AUL-TSXV] shares rallied sharply Tuesday after the company released additional drilling results from its Mikwam Property in Ontario.Aurelius is a gold exploration company with a focus on advancing two district-scale gold projects in the Abitibi Greenstone Belt in Ontario, which ranks as one...Read More
The White House is downplaying the murder of this Khashoggi fellow.That's because they know it could lead to another all-out trade war with Saudi Arabia. Or worse.If you're not already familiar with the story, let me bring you up to speed:Jamal Khashoggi was a Saudi journalist and longtime critic of the kingdom's government. His last position was as editor-in-chief of the Al-Arab News Channel, a p...Read More
Troilus Gold Corp. (TSX-V: TLG) is an advanced-stage exploration and early-development company, focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The 4,700-hectare Troilus property is located Northeast of the Val-d'Or district, within the Frot??t-Evans Greenstone Belt in Quebec, Canada. We learned from Justin Reid, CEO of Troilus Gold Corporat...Read More
Minotaur Exploration Ltd (ASX: MEP) has extensive minerals exploration tenements in South Australia, Queensland and Western Australia. We learned from Andrew Woskett, Managing Director of Minotaur Exploration, that they are a grassroots copper/copper-gold exploration company that relies upon joint ventures to provide working capital. We learned from Mr. Woskett that the company was founded and est...Read More
Mining in Manitoba is vanishing like an early morning fog. The mining industry is near collapse in the keystone province, while I continue to raise the mining crisis in the provincial legislature to no avail.The Manitoba government's policy on mining is confused, if it exists at all.Before entering politics, I worked in the mining industry as an engineer in training. My education as a geological e...Read More
The S&P/TSX Venture Composite Index fell 4.1% to 682.16.Shares of Great Bear Resources rose 57 ? to $3.24. The company recently discovered an outcropping ultramafic rock unit with at least a 2 km strike length at its Dixie gold project in Red Lake, Ontario. Because it folds into a "D2 fold axis," Great Bear says it contains the primary controls for high-grade gold mineralization, as they occur in...Read More
In February, B2Gold Corp. (TSX: BTO; NYSE: BTG) announced an initial open-pit inferred resource for the newly discovered El Limon Central zone at its El Limon mine in Nicaragua.This week the gold producer announced the results of an expansion study that evaluated the life-of-mine options for combining El Limon's remaining underground inferred resource (17 million ounces of gold) with the new infer...Read More
The Dow Jones Industrial Average rose 0.41% to 25,444.34, while the S&P 500 Index rose 0.02% to 2,767.78. Spot gold rose 0.74% to US$1,226.50 per oz. gold.Coal producers in the U.S. continued to post gains during the trading week. Peabody Energy's shares rose US52 ? to US$35.56. The Fortune 500 coal giant announced a quarterly dividend of 13 ? per common share payable on Oct. 31. Peabody noted tha...Read More
Believe it or not, a technology used to water the Hanging Gardens of Babylon still dominates a part of our power infrastructure.Behold its first version, the revolutionary Archimedes' Screw.The concept is incredibly simple (and predates Archimedes by centuries). You turn a screw threaded through a pipe or trough and it pulls water up.Human power was replaced by motors late in the 1800s and the ext...Read More
"@BobLoukas If the cycles didn't invert through that painful consolidation in Sept -- I'd have to agree. If they did notthen gold setting up for higher short term.I give the odds at 75% on chart 1.Chart 2----(25%) i can't eliminate until next week.I favor the first chart - FWIW."Read full newsRead More
Avrupa Minerals Ltd. (TSXV:AVU) (AVPMF:USOTC) (8AM:Frankfurt) is pleased to announce that it will complete a financing of $1.5 million to fund the drilling program at the Alvalade copper-zinc-lead VMS Project in Portugal and for general working capital.Read full newsRead More
It's been a painful week for pot shareholders whose mellow all time high, and record profits have gotten smoked by a bout of furious selling.Read full newsRead More
CloseGain/LossGold $1222.80-$3.60Silver$14.57-$0.06XAU69.04-1.50%HUI153.48-1.35%GDM553.54-0.98%JSE Gold1165.95-28.97USD96.03+0.31Euro114.69-0.41Yen88.80-0.32Oil$69.36+$0.0810-Year3.197%+0.001T-Bond137.75+0.03125Dow25317.41-0.50%Nasdaq7468.63+0.26%S&P2755.88-0.43% The Metals: Gold saw slight gains in Asia before it drifted down to $1220.50 by midmorning in New York and then bounced back hig...Read More
Marijuana stocks suffer broad and sharp losses Monday, and were heading for their worst week in over eight months, as full-legalization in Canada appears to have taken the shine off the sector, despite early indications of strong demand.Read full newsRead More
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Oct. 19, 2018.Number of shares: 11,257,500 shares Purchase price: eight cents per share Warrants: 11,257,500 share purchase warrants to purchase 11,257,500 shares Warrant initial exercise price: 12 centsWarrant term to expiry: two years Number of placees: 42 placees...Read More
"The S&P/TSX Composite Index moved higher, opening at 15,466.49. The gain was driven by indications that the annual inflation rate dipped as gas price pressures eased. https://t.co/Kg98wBMrG7 #Investing #Resource #Gold"Read full newsRead More
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 19, 2018.Number of shares: 68,416,603 sharesPurchase price: 95 cents per shareNumber of placees: 150 placeesPro groups: Thomas Relling, 350,000; Robert Disbrow, 2.15 million; Gilbert Payeur, 50,000; Patricia Hyssop, 20,000; W. Bruce Johnstone, 30,000; Shaun Chin,...Read More
"It is not out of the question that gold could rally along with the US dollar, but they are pretty rare.Certainly a panic could illicit such action.4 gold to get a tailwind, 1 would favor a lower usd.Until dual mid line support is brokenUSD remains in uptrend.96 area key"Read full newsRead More