It's make or break time in the markets cautions Sven Henrick, technical analyst and lead market strategist for Northman Trader.His weekly flurry of trendline charts warn that the major indexes have been compressing in rising wedges that increasingly point to a binary outcome: either a massive new leg up that will result in the market making new all time highs, or a bad breakdown that could waterfa...Read More
Click here for the full transcript: http://financialrepressionauthority.c...Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of Two Minds now attracts some 200,000 visits a month. Charles also contributes to...Read More
The law also bans high-capacity magazines, such as those used in the popular ar-15 rifleContinue...Read More
"University police determined today they will be charging two of the students with interference with the peaceful conduct of an educational institution, a misdemeanor," Arizona President Robert RobbinsContinue...Read More
OK, let me see if I have this right: the stock market is soaring because the economy is softening, so the Federal Reserve panicked and went from raising rates to considering cutting rates.Continue...Read More
As US equity markets continue to soar, manufacturing numbers look good and residential construction numbers look smoking hot, why exactly is the president's economic...Continue...Read More
Toronto-based Kirkland Lake Gold has filed an updated 43-101 resource report for its Macassa gold mine in the town of Kirkland Lake. The report includes resources at Dec. 31 ,2018.Two important zones - Main/04 break and South mine complex - are detailed. The Main/'04 break has 775,000 measured and indicated tonnes averaging 17.9 g/t gold and containing 447,000 oz. The South mine complex has 1.0 mi...Read More
This is the second post in a week on Chicago's epic financial train wreck. That's a lot of attention and it probably won't happen again, given the target-rich world we live in.Continue...Read More
It doesn't appear last Friday's strong warning from national security adviser John Bolton for countries "external to the Western Hemisphere" to keep their militariesContinue...Read More
Hecla Mining Co., headquartered in Coeur d'Alene, Idaho, has filed an updated resource estimate for the Casa Berardi gold mine 95 km north of La Sarre, in the Abitibi region.Using a gold price of $1,200 per ounce, Hecla estimates the Casa Berardi reserves contain 1.9 million oz. of gold. The largest increases occurred in the proposed west mine crown pillar and principal pits.Proven and probable re...Read More
Much of the glowing press coverage today was focused on the uptick in manufacturing data coming out of China, as reported by the Caixin Manufacturing PMI (Purchasing Managers Index)Continue...Read More
"JPMorgan Chase could incur significant losses arising from concentrations of credit and market risk. JPMorgan Chase is exposed to greater credit and market risk to the extentContinue...Read More
Sable Resources (TSXV: SAE) has extended the mineralized corridor at its Margarita silver project in Chihuahua State, Mexico, 350 metres to the northwest with results from its ongoing 19 hole Stage 2 drill program.The company is targeting the project's Margarita Vein, where it recently drilled the project's best intercept to date. Hole 24 cut 116.93 grams silver, 0.7% zinc, 0.21% lead and 0.17 gra...Read More
Dominic discusses the problems with uranium which is the public mistrust of nuclear power and why it may take higher prices in oil or another event to convince the public that nuclear is still worthwhile. He remains a gold bug, but he questions what golds role will be in the future with an increasingly digital economy. Gold needs to get above technical resistance at 1360 for him to be fully bullis...Read More
Drilling 100 metres to the west of the diorite that hosts Wesdome Gold Mines' (TSX: WDO) Eagle River mine in Ontario has encountered a new discovery zone called Falcon, the company reports.Surface exploration drilling returned 73.5 grams gold over 1.3 metres starting from 209 metres downhole and 18.5 grams gold over 5.8 metres from 170 metres downhole.It is a positive indication of the potential g...Read More
Eldorado Gold Corporation has announced that as of April 1, 2019, mining, crushing and placing of ore on the Kisladag heap leach pad has resumed. This follows the company's announcement on January 30, 2019, that it would resume full operations at Kisladag. Further testwork is underway to determine the effects of a 250 day leach cycles on deeper material, the results of which are expected to be ava...Read More
IBM and Sandvik Mining and Rock Technology announced this week that they are joining forces and launching OptiMine Analytics, a solution that transforms data into process improvements via predictive insights and actionable dashboards embedded into operation management systems.In a press release, the companies said that the technology is particularly useful when it comes to dealing with failing equ...Read More
The Royal Canadian Mint announced this week the launching of three new bullion coins targeted at precious metals investors.In a press release, the institution said that the pieces include double-incuse Gold and Silver Maple Leaf bullion coins and its newest 99.999% pure gold "Call of the Wild" bullion coin, which features a moose."Call of the Wild" bullion coin. Photo by the Royal Canadian Mint."T...Read More
A burgeoning interest in Canada's emerging cannabis sector, which spiked after recreational use of marijuana was legalized in October, is sucking investment capital away from the mining sector, and hitting juniors hardest, a new study shows.According to BDO's Sherif Andrawes, investments in Canadian cannabis companies increased from C$43 million to C$770 million from the first half of 2016 to the...Read More
This prospect generator continues working to delineate the scope of a lens at its project. Avrupa Minerals Ltd. (AVU:TSX.V; AVPMF:OTC; 8AM:FSE) announced in a news release the assay results from a historical drill hole, SES003. The significance of this hole, drilled for the Alvalade project in 2014 but not analyzed until recently, is that it is close to and demonstrates similar qualities to drill...Read More