"Those who see no Lehman-like episode on the horizon did not see the last one." - highly regarded writer, George Will, in a National Review article titled, "America Is Overdue For Another Economic Disaster"Lost in the largely meaningless political Kabuki theatre being staged on Capitol Hill is the fact that the economy is deteriorating. Real average weekly earnings in July declined for production...Read More
Open pit mining at Taseko's Gibraltar copper-molybdenum mine near Williams Lake, British Columbia. Source: Taseko Mines Ltd.Taseko Mines Ltd. [TKO-TSE] said Wednesday that the British Columbia government was successful in defending its First Nations consultation process in relation to the company's controversial New Prosperity gold-copper project.The company said the Supreme Court of B.C.'s August...Read More
Click to EnlargePuma Exploration Inc. [PUMA-TSXV] and Trevali Mining Corporation [TV-TSX] are pleased to release the drill results for the metallurgical drilling program conducted at the Murray Brook Deposit. The program successfully intersected the Massive Sulphide Deposit in each hole matching perfectly with the Resources Model and a potential internal mine design.The metallurgical program consi...Read More
MOOSE JAW, Sask. - The Saskatchewan government is doubling down on its climate change strategy and continues to defy Ottawa's demand it put a price on carbon emissions.Environment Minister Dustin Duncan says the province is expanding emission limits based on production for facilities such as potash mines and pulp mills.Those facilities generate 11 per cent of the province's emissions.He says the...Read More
Fundamental Developments While the price of gold was up $19 last week, the price of silver was unchanged. Of course, we are not going to bias our discussions of the fundamentals, based on bearish or bullish theory. This week it turned out that the lighthouse is actually more solid than many people seem to think of late... [PT] Let us take a look at the supply and demand fundamentals of both meta...Read More
Endeavour Silver (TSX: EDR; NYSE: EXK) is reducing expenditures and temporarily adjusting its exploration, development and mining activities until gold and silver prices rebound.The measures are expected to boost production and reduce operating and capital costs in the fourth quarter."Enhanced cost discipline is the prudent course of action for mining companies during times of lower metal prices,...Read More
New Age Metals (TSXV: NAM; US-OTC: NMTLF) is seeking a joint venture partner to help develop its 100% owned Genesis palladium-platinum-nickel-copper located in the northeastern Chugach Mountains, 120 road km north of Valdez, Alaska.The company recently released the first technical report on the 41 sq. km project it acquired in April 2018. Sampling conducted by New Age Metals on the project's outcr...Read More
Sokoman Iron (TSXV: SIC; US-OTC: GDNDF) has received assays results from the remaining 12 holes of its 15-hole phase one drilling program at the Moosehead gold project in central Newfoundland, 20 km west of the town of Grand Falls-Windsor.Ten of the 12 remaining holes were focused on Moosehead's Western trend, approximately 250 metres west of the Eastern trend.Two of those holes bore visible gold...Read More
It's happening.After making a smaller previous investment, Constellation Brands (NYSE: STZ) announced this month a C$5 billion investment in Canopy Growth (TSX: WEED)(NYSE: CGC).Constellation Brands is a Fortune 500 producer and marketer of iconic brands like Corona beer and Robert Mondavi wines.The deal will make Constellation more than a 50% owner of Canopy if it exercises all the warrants.It va...Read More
Global auto sales are in the midst of the first sustained slowdown since the 2008 financial crisis, as a result of volatile international trade policy, rising commodity prices, declining demand and tariffsRead full newsRead More
South Africa is opening the door for tyranny...Read full newsRead More
CloseGain/LossGold $1201.30-$9.00Silver$14.72-$0.16XAU67.45-1.95%HUI146.24-1.98%GDM529.61-1.43%JSE Gold964.31-13.03USD94.73-0.03Euro116.96+0.11Yen90.05-0.10Oil$68.53-$0.3410-Year2.880%+0.032T-Bond144.50-0.625Dow26064.02+0.06%Nasdaq8030.04+0.15%S&P2897.52+0.03% The Metals: Gold waffled near unchanged in Asia and rose to see a $4 gain at $1214.30 in London before it dropped to a new session...Read More
- Trump's America waging economic warfare against most of the world and 2 billion people with a combined GDP of more than $15 trillion- Targeted nations include China, Russia, Iran, Venezuela, Pakistan, Turkey, Cuba, Sudan, Zimbabwe, Myanmar, the Democratic Republic of Congo, North Korea and others...- "Bull markets eventually come to an end and with a national debt of $21 trillion and growing...Read More
Gold, silver and crude oil are bullish. There will be demand on dips. Economic data releases are there from today. Key resistances need to be broken for another wave of rise. Kerala floods and lessons for an investorWe all should be doing every bit for the flood state of Kerala. One of the most people friendly states in India. Respected father Thomas Pullickal in my school Don Bosco, Calcutta...Read More
"McEwen Mining (TSX:MUX,NYSE:MUX) and Chief Owner Rob McEwen have arranged a combined investment of C$6 million Great Bear Resources (TSXV:GBR). https://t.co/OT6O6jIj2Z #gold #investing"Read full newsRead More
"CLM spikes 20% for end of day rally!Get to know the story and check out the latest technical report -- #CrystalLake $CLM #CrystalLakeMining #PeterLightfoot #Nickel #Cobalt #Mining #Exploration #BullMarketRun --Read it here: https://t.co/ehlZ62LSS2"Read full newsRead More
"Abattis Bioceuticals Corp. (@Abattis) (CSE: $ATT // OTC: $ATTBF) Prepares to Launch New Products Through Vergence Naturals [https://t.co/qhlKiBckaC]#POTstocks #investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #breakingnews #cannabis"Read full newsRead More
"@42baklava Interesting lower trendline as I have 1185 as a must close above this Friday.Failure to do that could portend lower prices into Sept 9th."Read full newsRead More
"We discussed earlier today that a pullback was in play from 1213& we were wondering if it was going to test 1200 where the 89 hour moving average resides. Here we are. Let's see if gold can bounce from 1200.(all prices spot)"Read full newsRead More
Kootenai National Forest, an agency that manages 154 forests and 20 grasslands in the U.S., announced today that they have approved the first phase of Hecla Mining's silver and copper mine in northwestern Montana.The Rock Creek Mine would be built beneath the Cabinet Mountains Wilderness, an area of glaciated peaks and valleys that take their name from the area's box-like rock formations. Grizzly...Read More