Recent News

Bankers Cobalt opens virtual data room

October 15, 2018 / resourceworld.com

Copper-silver mineralization at the Bankers Cobalt Kamanjab Project in Namibia. Source: Bankers Cobalt Corp.Bankers Cobalt Corp. [BANC-TSXV, BC2-FSE] said Monday October 15 that it has established a confidential virtual data room to provide access for parties who have approached the company or expressed an interest in reviewing data on Bankers and its concessions."We have completed a significant a...Read More

The Price of Gold Is Acting Strangely Normal

October 15, 2018 / www.energyandcapital.com

The price of gold is acting... normal.And that's actually surprising to see.For the gold market, "normal" hasn't been... well, normal. Gold is traditionally a safe haven asset used to hedge economic and market risk. Demand and prices traditionally increase in times of fiscal turmoil. But this has not largely been the case for the past decade.Since the turn of the century, the gold market has dynam...Read More

Gold Seeker Closing Report: Gold and Silver Gain While Stocks Drop Again

October 15, 2018 / news.goldseek.com

 CloseGain/LossGold $1225.40+$7.40Silver$14.69+$0.08XAU70.45+1.70%HUI155.88+1.68%GDM557.90+1.37%JSE Gold1252.10+97.79USD95.08-0.20Euro115.81+0.22Yen89.21+0.03Oil$71.78+$0.4410-Year3.154%+0.001T-Bond138.4375-0.28125Dow25250.55-0.35%Nasdaq7430.74-0.88%S&P2750.79-0.59%  The Metals: Gold gained $15.30 to $1233.30 in Asia before it chopped back lower in London and New York, but...Read More

Ira Epstein's Metals Video 10 15 2018

October 15, 2018 / news.goldseek.com

By Ira EpsteinGold a bit overbought, but rallying on Italian, Brexit and Saudi issues.https://www.iraepstein.com/ Read More

The ultimate financial crisis will be inflationary

October 15, 2018 / news.goldseek.com

I've read many comments to the effect that the next financial crisis will be like 2007-2008, only worse. However, the sole reason that many people are talking about a coming 2008-like crisis is because the happenings of 2008 are still fresh in the memory. Market participants often expect the next crisis to look like the last one, but it never does. Consequently, the general prediction about the...Read More

Bombshell Guest: Stephen Leeb Predicts 3-Digit Silver and 5 Digit Gold?!

October 15, 2018 / news.goldseek.com

Listen to the Podcast Audio: Click HereMike Gleason: It is my privilege now to welcome in Dr. Stephen Leeb, Chief Investment Officer at Leeb Capital Management. Dr. Leeb has decades of experience in the financial markets and has even authored seven well regarded books, including best sellers The Coming Economic Collapse: How to Thrive When Oil Costs $200 a Barrel, and Game Over: How to Prosper i...Read More

SWOT Analysis: Gold on Its Best Run in Six Weeks

October 15, 2018 / news.goldseek.com

By Frank HolmesStrengths? The best performing metal this week was platinum, up 1.82 percent as hedge funds cut their net bearish position to a five-month low this week. For the eighth consecutive week, gold analysts and traders have reported holding a bullish outlook on the yellow metal in Bloomberg's weekly survey. This attitude is supported by gold being on its best run in six...Read More

You Can't Eat Gold

October 15, 2018 / news.goldseek.com

By Keith Weiner"You can't eat gold." The enemies of gold often unleash this little zinger, as if it dismisses the idea of owning gold and indeed the whole gold standard. It is a fact, you cannot eat gold. However, it dismisses nothing.This gives us an idea. Let's tie three facts together. One, you can't eat gold. Two, gold is in backwardation in Switzerland. And three, speculation is a bet on th...Read More

Technical Scoop - Weekend Update October 15 2018

October 15, 2018 / news.goldseek.com

TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.comTwitter: @Davcha12October 15, 2018 "There are three ways to make a living in this business: be first, be smarter, or cheat."- John Tuld, played by Jeremy Irons in Margin Call (2011) "If we're right, people lose homes. People lose jobs. People los...Read More

Gold Market Update - the 7-year bearmarket phase is over...

October 15, 2018 / news.goldseek.com

Thursday last week was a momentous day for the Precious Metals sector with gold, GDX and other ?ndices, and giant gold ETF, GLD all breaking out on impressive volume, and this development was all the more extraordinary because it happened when the broad stockmarket was crashing. This is viewed as a strong sign that instead of being dragged lower still by a crashing stockmarket, the PM sector wil...Read More

Beach Time

October 15, 2018 / news.goldseek.com

By Larry LaBorde Once again the lovely Miss Puddy accompanied me to the beach on the Florida panhandle for a week of rest and relaxation. The end of September is the perfect time for the beach in Florida as it is not too hot but still nice and warm with gentle sea breezes every afternoon. The crowds have also gone and the traffic is much better. Unfortunately hurricane Michael did not get...Read More

Don't Follow Fake News Or Fake Analysts In Metals

October 15, 2018 / news.goldseek.com

By Avi GilburtI think we have all seen many episodes of fake news in the media when it comes to politics. However, what is even more pervasive is fake news in financial analysis. And, I was urged to write this quick public note to set the record straight.I have railed for years against those analysts who have pointed to news events to explain what has happened in the market, especially as an exc...Read More

Consider This Your Final Warning About Gold, For Bulls And Bears Alike

October 15, 2018 / news.goldseek.com

By Avi GilburtSentiment is a funny bedfellow. When the metals market was at the lows back in August, everyone and their mother were again certain that we were going to break below $1,000 in gold. Yet, that exact sentiment is what kept us from doing so, no different than what we saw at the end of 2015.Currently, the sentiment has been turning bullish again, with many thinking the current rally is...Read More

Northern Vertex Announces Financing Transactions Strengthen Balance Sheet During Early Production and Create Financial Flexibility to Pursue Existing Growth Opportunities

October 15, 2018 / news.goldseek.com

VANCOUVER , Oct. 15, 2018 /CNW/ - Northern Vertex Mining Corp. (NEE.V) (OTC Nasdaq Intl.: NHVCF) (the "Company" or "Northern Vertex") is pleased to announce a number of financing transactions intended to improve free cashflow during early production at the Company's Moss Mine. Highlights of the transactions include:Sprott Resource Lending amends monthly principal payments from US$1,111,111 to...Read More

Why It's Worth Holding Gold in Your Portfolio

October 15, 2018 / news.goldseek.com

"It Always Pays To Hold Some Gold"by John Stepek of Money Week"We have interest rates going up at a clip that's much faster than certainly a lot of people, including myself, would have anticipated. I think the Fed is out of control."Central banks are independent, in theory. But that won't stop the president of the US from giving his full and frank opinion on their performance.Gold Britannias 201...Read More

Wolf Richter: Making Sense Of The Recent Market Gyrations

October 15, 2018 / marketsanity.com

Every week at PeakProsperity.com, we record a podcast exclusive for our premium subscribers titled Off The Cuff, where Chris and a weekly expert discuss the notable developments of the week. Every once in a while, we'll share one of these episodes with the general public, which we're doing this week. Here's Chris Martenson in discussion with Wolf Richter, evaluating the causes and repercussions of...Read More

John Rubino - Is this Gold Rally for Real?

October 15, 2018 / marketsanity.com

We've been watching the precious metals recession for 7 years now. Will it ever come back? No one knows for sure, but the recent activity is encouraging. Last week when the market got slammed, gold made a nice move. We've need to start seeing higher highs and higher lows to be certain, but all things considered, this may be the start. John Rubino is the founder and manager of the popular financia...Read More

Rick Rule: The Price Of This Commodity Goes Up - Or The Lights Go Out

October 15, 2018 / marketsanity.com

Rick Rule, Chairman of Sprott US Holdings, discusses the state of the uranium equity market, supply & demand for uranium, and the reasons why it can be an explosively cyclical market for the metal.TOPICS IN THIS INTERVIEW:00:09 'Why' Invest In Uranium Equities03:20 When Will The Uranium Market Turn Higher?05:20 Supply Destruction In The Commodity Business08:16 Uranium Company Survivors - How Far C...Read More

Transgender woman wins female cycling world championship

October 15, 2018 / marketsanity.com

"I broke the 200m WORLD RECORD this morning. It was my first indoor 200m and I have to admit that my 11.92 was significantly slower than I was doing Continue...Read More

Ten Years After the Last Meltdown: Is Another One Around the Corner?

October 15, 2018 / marketsanity.com

September marked a decade since the bursting of the housing bubble, which was followed by the stock market meltdown and the government bailout of the big banks and Wall Street. Last week's frantic stock market sell-off indicates the failure to learn the lesson of 2008 makes another meltdown inevitable.In 2001-2002 the Federal Reserve responded to the economic downturn caused by the bursting of the...Read More

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