What we're seeing now is the very definition of volatility. The market's in a highly unstable state right now. These violent swings show the inadequacy of the standard models that the Fed and other mainstream analysts use.The Fed assumes so many things about markets that are simply false, like that markets are always efficient, for example. They're not. Under volatile conditions like these they ga...Read More
Today is March 15 - the ides of the month."Beware the ides of March," the soothsayer warned Julius Caesar... presciently. Should investors likewise beware the ides of March?Today and tomorrow the Federal Reserve's Open Market Committee - so-called - huddles at Washington.These are the questions presently hanging in the air:Will Mr. Powell and his mates finally push the federal funds rate up from z...Read More
B2Gold (TSX: BTO; NYSE-AM: BTG) has increased global resources at its Anaconda project in southwest Mali more than fourfold - from 770,000 oz. of contained gold to 3.4 million ounces. Located about 20 km away from the company's Fekola mine, which produced 567,795 oz. gold in 2021, the Anaconda area includes the Menankoto permit and the Bantako North permit. The project's updated resource est...Read More
Stellantis N.V. (NYSE: STLA) and LG Energy Solution will invest over $5 billion to build a large battery plant in Windsor, Ont., with an expected annual production capacity of over 45 gigawatt hours to produce lithium-ion battery cells. Construction of the plant, which is expected to create 2,500 jobs, will begin later this year and the facility will be operational by 2025, Canada's ministry of...Read More
Like opposing characters in a literary plot, gold and copper highlight aspects of the other's attributes and values. Writers frequently use opposing characters to build drama or create conflict, classically as foils and antagonists. The latter is a character who is in direct opposition, and whose actions hinder the protagonist. A foil is a character who accentuates the qualities of the protagon...Read More
Following receipt of all regulatory approvals, Capstone Mining (TSX: CS) has successfully completed its previously announced business combination with Mantos Copper, creating a new Americas-focused copper producer named Capstone Copper Corp.The merger agreement stipulates that each Capstone common share be exchanged for one share of Capstone Copper. Following completion, Capstone shareholders wou...Read More
Vale (NYSE: VALE) has struck a multi-year agreement to supply Swedish lithium-ion battery manufacturer Northvolt AB with low-carbon nickel from its Long Harbour refinery in Newfoundland. Details regarding volume and pricing were not released, but the multinational base metals miner said that the agreement had been two years in the making and would serve as a "launchpad for further cooperation."...Read More
Dear Outsider,Beethoven's Symphony No. 5 is one of the most recognizable pieces of classical music.You know the tune...Dah-dah-dah-dum. Dah-dah-dah-dum!As the tune was written between 1804 and 1808, Beethoven's hearing had already started to deteriorate.Living in Vienna and searching for a remedy to his ailment, the composer wrote this to a childhood friend who had then become a doctor...For the l...Read More
Some 2.8 million of the shares were acquired as a result of Barrick exercising warrants on March 23. Skeena received about $30.Read More
Geodrill hopes that a strong gold price and new contracts will see the good results continue through 2022. The Q4 net income stood at US$2.8 million, or $0.06 per share, which saw 2021 net income rise 88% year-on-year to $14.1 million, or $0.31 per share. The West Africa-based company's revenue hit $26.7 million in Q4, having risen by 8% year-on-year.For 2021, the company's revenue was $...Read More
Share this article VANCOUVER - Skeena Resources Ltd. [SKE-TSXV, SKREF-OTCQX, RXFB-FRA] said it has received approximately $30.4 million from the exercise of 2.8 million warrants held by Barrick Gold Corp. [ABX-TSX, GOLD-NYSE].The warrants were originally issued to Barrick with an exercise price of $10.80 in October, 2020, in connection with Skeena's acquisition of a 100% interest of the Eskay Cre...Read More
Russia's invasion of Ukraine is not exactly going as planned. Putin certainly did not expect the Ukrainians to slap around the invading Russian troops so easily.And busted-up morale, busted-up equipment, and busted-up egos are really putting a dent in the Russian dictator's ambitions to swallow an entire nation without the fear of choking. Putin's foreign minister also told reporters that the Kr...Read More
Investing News, Released on 3/24/22 (Recorded on 3/22/22)0:00 - Intro0:20 - Where does David see support for gold?1:39 - Gold stocks have hit a technical bottom4:23 - Potential path for Fed rate hikes in 20227:22 - David's focus in terms of gold stocks11:11 - M&A in the gold space this year15:45 - Geographical trends to watch in gold19:48 - US$3,000 gold in 12 to 18 months?22:13 - OutroDavid Erfle...Read More
Reinvent Money, Released on 3/24/22Paul Buitink has an amazing and insightful conversation with Santiago Capital's Brent Johnson to discuss his dollar milkshake theory, Russia switching to rubles for gas exports and the different end game scenarios. He advises Europeans to get dollar exposure and buy some gold.Brent Johnson is the CEO of Santiago Capital http://www.santiagocapital.com/. brent j...Read More
Money Show, Released on 3/24/22Can we avoid a recession? What the worsening turbulence means for stocks and bonds.Steve Forbes is an American publishing executive who was twice a candidate for the nomination of the Republican Party for president. He is the editor-in-chief of business magazine Forbes magazine as well as president and chief executive officer of its parent company, Forbes, Inc. Mr. F...Read More
Wealthion, Released on 3/24/22These days, the Federal Reserve is walking a knife's edge. High inflation is forcing its hand, and to tame it, the Fed has returned to Quantitative Tightening, hiking rates by 0.25% and promising 6-7 more hikes within this year. But if the Fed hikes too much too fast, it risks driving the economy - which has been slowing dramatically recently - into recession. A painf...Read More
Bloomberg, Released on 3/22/22Mohamed El-Erian says the Federal Reserve is being forced into a choice between risking recession or prolonging inflation. Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world....Read More
The Deep Dive, Released on 3/24/22Today on the Daily Dive, we sit down with one of our regular guests, Todd "Bubba" Horwitz, CEO of Bubba Trading. Today, Bubba joins us to discuss the recent rate hikes by Powell and the Federal Reserve, the impact of commodity shortages on inflation, and the impact of ongoing war in Ukraine on the price of fertilizer and its related impacts. Also discussed is the...Read More
Financial Survival Network, Released on 3/24/22Summary: George Gammon, an expert on the contemporary scene, comes on the show to talk about the implications of the war and media; as large problems become the talk of the nation, they distract us from other issues and create a sense of diversion. Topics such as war are a racket that come at the expense of the masses, and we need to be aware of what...Read More
The Korelin Economics Report, Released on 3/23/22Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to review shorter-term and longer-term support and resistance levels in the precious metals sector, and why he's very encouraged by the recent strength in the mining stocks. While the corrective move down in gold did briefly fill that breakaway gap level in gold, in general the yellow...Read More