U.S. equity index futures were lower this morning. S&P 500 futures were down 11 points in pre-opening trade. The Canadian Dollar was virtually unchanged at US78.80 cents following release of Canada's December GDP at 8:30 AM EST. Consensus was unchanged versus a gain of 0.6% in November. Actual was unchanged . Consensus for fourth quarter real GDP was an annualized increase of 6.5% versus an an...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 57 points in pre-opening trade. Index futures were responding to growing geopolitical concerns related to events in Ukraine.Commodity prices were higher this morning related to events in Ukraine. Gold gained $23.30 to US$1909.90 per ounce. Crude oil advanced $4.05 to $95.64 per barrelToronto Dominion Bank (TD Cdn$104....Read More
As more sanctions are put on Russia by NATO countries, we must look ahead to the economic consequences for the West when Putin responds. What will oil supplies along with severed supply chains look like for global economies when that happens? We will unpack these questions today...A wave of public support from around the world is encouraging Ukraine in its valiant resistance.Americans naturally sy...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 20 points in pre-opening trade. Index futures moved higher following release of economic reports at 8:30 AM EST. Consensus for January Durable Goods Orders was an increase of 0.8%. Actual was an increase of 1.6%. Excluding transportation orders, consensus for January Durable Goods Orders was an increase of 0.4%. Actual...Read More
World equity markets are sharply lower this morning on news that Russia has invaded Ukraine. European equity indices are down 3%-5%.At 7:30 AM EST, S&P 500 futures were down 103 points, gold advanced $49.10 to $1,959.50 per ounce. Crude oil gained $6.55 to $98.65 per barrel.eBay dropped $4.20 to $50.39 after the company reported a fourth quarter loss. Fourth quarter revenues also were lower th...Read More
Mainstream Spokesman: Putin's invasion of Ukraine is a severe breach of international law and a crime against humanity. He is a ruthless thug.Advocatus Diaboli: It is true - the fellow is a ruthless thug - and plenty more. I can assure you the Boss has space set aside for him once he pays his debt to nature. He has a reservation, so to speak.Yet I would caution you Americans about invoking interna...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 30 points in pre-opening trade. Lowe's added $8.10 to 222.69 after reporting higher than consensus fourth quarter results.Palo Alto Networks gained $29.29 to $505.00 after reporting higher than consensus fiscal second quarter results.Caesar's World dropped $2.57 to $74.60 after reporting lower than consensus fourth qua...Read More
We monitor both "conservative" and "liberal" news media. Not to learn, but to laugh - and to observe.To observe, that is, the political mind in operation...If one political mind argues "X," the opposing political mind must argue "Y." If one political mind argues "Y," the opposing political mind must argue "X"- or perhaps "Z."Yet this past week both conservative and liberal minds have dissolved int...Read More
Spread the lovemorePRIVATE BLOG - The US Share Market OutlookPrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/moreRead More
First, a necessary formality: As a retired U.S. Navy officer, I'm obliged to tell you that what follows are personal opinions. I do not speak for the Navy, Department of Defense or U.S. government. Having said that, let's roll...Last week - Feb. 24, 2022 - marked the end of America's post-Cold War, so-called "unipolar" era.That is, American military hegemony is now over. Russia has reasserted its...Read More
In the backdrop of rising gold and copper prices, the Company is on track to complete the next development steps for the CK Gold Project and submit Mine Permit application mid-year 2022CHEYENNE, Wyo., March 2, 2022 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU) is providing an operational and financial update following its $2.5 million registered...Read More
ELKO, Nev., Feb. 15, 2022 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU) today announced that it has entered into a securities purchase agreement with certain institutional and accredited investors, providing for the purchase and sale of 384,741 shares of common stock at a price of $6.50 per share and warrants to purchase 192,370 shares of our co...Read More
CHEYENNE, Wyo., Jan. 26, 2022 /PRNewswire/ -- U.S. Gold Corp. (Nasdaq: USAU) (the "Company"), a gold exploration and development company, today announced that it has issued a CEO update outlining the Company's recent and expected milestones, as it continues to advance its assets and mining projects. Highlights include:Update on the CK Gold Project prefeasibility study ("PFS") in Wyoming Advancem...Read More
The Russian invasion of Ukraine enters its sixth day as talks between Russian and Ukrainian delegates took place in neighboring Belarus today.Ukraine has reportedly demanded an immediate ceasefire. There's been no formal announcement yet. Either way, the U.S. and the West have escalated the sanctions regime against Russia.Joe Biden crossed a critical red line on Saturday, and the world will never...Read More
-New video shows robust prefeasibility study ("PFS") economics on the Company's advanced stage gold and copper project, located at the historic Copper King Mine in Wyoming's Silver Crown Mining DistrictCHEYENNE, Wyo., Jan. 11, 2022 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, is pleased to announce the launch of a new corporate vide...Read More
Mr. Putin is misbehaving again…This morning he seized Ukraine by the throat. Today he is squeezing plenty hard.We hazard he will soon have Ukraine down upon the floor. The fellow says he is willing to take his hands off - if Ukraine yells uncle and accedes to his demands.These demands include the "demilitarization and denazification" of Ukraine... and Ukrainian neutrality. That is, Ukraine m...Read More
With all the world's attention on the situation in Ukraine, today I want to focus in on the larger geopolitical picture involving the U.S., Russia and China.There's an old saying in poker: If you're in a three-way poker game and you don't know who the sucker is, you're the sucker.The idea is that in a three-handed game, two players will disadvantage the sucker by coordinating their betting and not...Read More
America's most powerful weapon of war does not shoot, fly or explode. It's not a submarine, plane, tank or laser. America's most powerful strategic weapon today is the dollar.The U.S. uses the dollar strategically to reward friends and punish enemies. The use of the dollar as a weapon is not limited to trade wars and currency wars, although the dollar is used tactically in those disputes. The doll...Read More
With the world reopening, and even U.S. blue states repealing mandates, how optimistic should we be? In my view, a little bit is warranted but not that much.There are huge pressures from high places right now to institute a social credit system in the West. If your politics are wrong, or you accidentally become an enemy of the state, they can freeze your accounts and essentially starve you and you...Read More
Liberal: A supporter of a political and social philosophy that promotes individual rights, civil liberties, democracy and free enterprise.There you have Mr. Webster's liberal - the liberal of lore, the liberal of common understanding.This liberal is a spacious and tolerant fellow. He is all right.His liberalism is... if you will indulge us... the liberalism of The Daily Reckoning. We are with Jeff...Read More