The US elections are over and since the markets were not surprised by their outcome, there was no significant reaction. It seems that the markets can now return to their previous trends. But... the USD Index is down significantly today, while gold and silver are rallying. Does it mean that the trend in the precious metals is currently up? Not necessarily. The US-elections-driven volatility coul...Read More
Cranbrook, B.C., November 7th, 2018: Taiga Gold Corp (CSE:"TGC") ("Taiga") has been provided with an update on work completed up until the end of Q3 2018 at its 100%-owned Fisher Property, located in east-central Saskatchewan. The work was funded and carried out by operator SGO Mining Inc. ("SGO"), a wholly-owned subsidiary of SSR Mining Inc. (formerly Silver Standard Resources Inc.) (TSX: SSRM)...Read More
- Gold ETFs saw inflows in volatile October as investors again hedged risk- Gold ETFs see demand of 16.5 tonnes(t) in October to total of 2,346t, the equivalent of US$1B in inflows- Global gold demand was robust in Q3 - demand of 964.3 tonnes - plus 6.2t yoy- Strong central bank and store of value coin and bar demand offset the gold ETF outflows in Q3- Central bank gold reserves grew 148.4t i...Read More
LONDON (Reuters) - Oil rebounded to $73 a barrel on Wednesday after falling to its lowest since August, supported by a report that Russia and Saudi Arabia are discussing oil output cuts in 2019.Russia’s TASS news agency, citing an unnamed source, reported that the two countries, the biggest producers in an OPEC-led alliance that has been limiting supply since 2017, have started bilateral tal...Read More
BRUSSELS, Nov 7 (Reuters) - Euro zone retail sales rose more than expected year-on-year in September, and August data was also revised upwards, signalling continued consumer demand, especially in online shopping, despite slowing economic growth, data showed on Wednesday.The European Union's statistics office Eurostat said retail sales in the 19 countries sharing the euro were flat month-on-month f...Read More
The new round of sanctions imposed by the United States on November 5 is expected to cut Iranian steel exports further, gradually leading to lower Iranian steel output, market sources believe."Today's action includes the designation of 50 Iranian banks and their foreign and domestic subsidiaries," the US Treasury Department announced in its report on Monday, along with "the identification of more...Read More
Link to Slides and Sources: https://www.itmtrading.com/blog/us-st...Question 1. Rob H: Robert David Steele was on Dustin Nemos and he said that Trump will be having a gold backed dollar. what's your thoughts on this?Question 2. FUpayme: During hyperinflation how much will the value of so-called junk silver riseQuestion 3. Bonnie P: If the government is moving us to digital and our gold is out of t...Read More
Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound money, personal liberty, free markets, and international peace throughout his political career...Read More
VINDICATION!!! I wonder if JPM's Jamie Dimon and Blythe Masters will GO TO JAIL for this? I think this is a great test for the Trump Administration as well as the CFTC to see if they believe in the RULE OF LAW...WHERE'S CHRIS GIANCARLO?!Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary...Read More
For Part 1 of this interview, CLICK HEREDoug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about specific market verticals including natural resources/metals/mining, energy, commodities, and tech...Read More
(Adds comment from central bank official)STOCKHOLM, Nov 7 (Reuters) - Sweden's central bank is addingthe Danish and Norwegian crowns as new reserve currencies, butwill stay out of the Chinese yuan for now, the Riksbank said onWednesday.The British pound, which the Riksbank already holds, willalso get the status of one of five contingency currencies alongwith the two Nordic units, the dollar and th...Read More
The mood in the CIS export billet market has turned positive because import scrap prices in Turkey continue to rise, which spurred Turkish customers' interest in imported billet last week.On Tuesday November 6, Fastmarkets calculated the daily index for Northern European HMS 1&2 (80:20) at $332.85 per tonne cfr, up by $13.82 per tonne from $319.03 per tonne on October 5.The daily index for similar...Read More
Axel Merk is the Founder, President, Portfolio Manager, and CIO at Merk Investments LLC. He is an expert on qualitative research and macroeconomic trends. Mr. Merk is also an expert on macro trends, hard money, international investing, and on building sustainable wealth, and he is a pioneer in the use of strategic currency investing to seek diversification. He is a speaker and author on topics ran...Read More
The buyout of Acacia Mining's minority shareholders by the new, larger Barrick Gold is one option, said Mark Bristow, CEO of Randgold Resources. Toronto-based Barrick, which owns about 64% of Acacia, and Randgold are merging in a $7.9 billion share deal that will see Barrick gain control over one of its fiercest competitors.Barrick shareholders have given a big thumbs up to the merger with Randgol...Read More
Corruption and mismanagement by government and business elites will never be stopped. In fact, it will only get worse and cost you more of your savings. David Stockman, a Washington DC insider, joins Robert & Kim to discuss "The Swamp," and how citizens around the globe are headed for choppy financial times unless they begin planning a defense strategy today.Robert Kiyosaki is best known as the au...Read More
Toronto-based Barkerville Gold Mines has released the drilling results from the ongoing Cow Mountain program at its flagship Cariboo gold project near the town of Wells. The company says the results demonstrate the continuity of high grade gold mineralization within vein corridors and extensions down dip and down plunge.The results trace mineralized vein corridors at Cow Mountain extending the hig...Read More
Resource and expansion drilling at the Kutcho copper-zinc project in B.C. has extended mineralization down dip of its Main deposit, reports Kutcho Copper Corp. (TSXV: KC; US-OTC: KCCFF).Mineralization was extended 50 metres down dip from previous drilling and beyond the project's existing resource model in drill hole KC18-280, which returned a 5.4 metre intercept from 193 metres down hole grading...Read More
LONDON, Nov 7 (Reuters) - Turkey's 2020-2030 dollar bondshit their highest level since August on Wednesday, as a drop inthe U.S. currency following midterm elections helpedextend the recent rebound in Turkey's markets.Ankara's 2030 bond got the biggest boost,rising nearly 1 cent in price in what looked set to be a fourthstraight day of gains.(Reporting by Marc Jones; Editing by Jo Mason) Messaging...Read More
Christian Toto is a rare breed, a film critic who's extremely critical of Hollywood. From their demonization of the right to their treatment of minorities to their attitude towards Toxic Masculinity Hollywood has lost its way and its mind. And it's costing them on the bottom line too. What other business can afford to alienate half their market? At some point their business model is going to fai...Read More
B2Gold (TSX: BTO; NYSE: BTG) produced a record 242,020 oz. gold in 2018's third quarter, 78% higher than in the same quarter of the previous year. It attributed its success to strong performances from the Kekola mine in Mali, the Masbate mine in the Philippines and the Otjikoto mine in Namibia.The company reported $324 million in gold revenue, 110% higher than in the same quarter of the previous...Read More