Beep-beep-beep. Central bankers are once again "backing up the truck" to buy gold.The World Gold Council (WGC) recently released its central bank gold statistics for October 2024.The chart below shows purchases (blue) and sales (purple):Source: World Gold CouncilOctober was the highest net purchase month in 2024, with central banks purchasing a sizable 60 tonnes.It's worth noting that there were a...Read More
John Newell of John Newell & Associates shared a chart on Sanu Gold Corp. (SANU:CSE; SNGCF:OTCQB; L73:FRA) showing his price targets from August. Click to see how close the company is to the first target and what other targets Newell is looking out for. You will also be directed to an article showing fundamentals of the company that discusses the latest news of a strategic partnership with Montage...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market and, upon request, his list of tax-loss purchase candidates.The USD Index futures are down 0.10% to 107.640 with the 10-year yield up 0.76% to 4.535% and the 30-year yield up 1.06% to 4.709%.Gold (-0.10%) is lower but silver (+0.55%) and copper (+1.27%) are higher.Oil (-0.74%) is lower by $0.52 to $70.06/...Read More
During Donald Trump's first term, U.S. tariffs on China increased from 3% in 2016 to 19% by the end of 2020.As a result, China's share of the U.S. trade deficit dropped from 47% to 26%. However, it's worth noting that America's trade imbalance continued to rise, as production shifted to low-tariff countries such as Vietnam, Canada, and Mexico.When Biden came into office, the expectation was that h...Read More
Uranium production is best understood as an industry played out on a geopolitical chessboard.Enriched uranium is used to fuel nuclear reactors. The degree of enrichment is not high. Natural uranium (sometimes called yellowcake) has about 0.7% U-235 isotope. This is enriched to 3% to 5% for use in most reactors (called low-enriched uranium or LEU). Some specialized reactors require uranium enriched...Read More
Here in Italy, he's known as Tommaso d'Aquino. But to the English-speaking world, he's St. Thomas Aquinas, Doctor Angelicus, and the foremost Scholastic thinker, theologian, and philosopher of the Middle Ages. His Summa Theologiae is over 5,000 pages long; thank heavens God sent Catholic author Peter Kreeft to the 20th and 21st centuries to summarize the Summa for us modern readers.After the uphea...Read More
An important feature of Trump's second term will be his actions on the first day. Trump will sign a flurry of executive orders (EOs) on the day he is sworn in (January 20, 2025) and the following day. The exact number is not known but it will easily be 50 orders or more.The official number of each Executive Order is also not known in advance because they will have to be processed under the Adminis...Read More
Trading is a game of decisions.When it comes to playing the markets, you'll have split seconds where your courage and discipline are tested.But sometimes, the real pain comes not from the trades you take, but the ones you don't.I've spent years learning this the hard way.March 2020 was a prime example. Markets were in freefall, panic was everywhere, and opportunities were quietly emerging beneath...Read More
Trump will begin his first 100 days with an emphasis on his economic plans.His core economic team is already announced including Russell Vought as Director of the Office of Management and Budget, Jamieson Greer as U.S. Trade Representative, Kevin Hassett as Director of the National Economic Council, Scott Bessent as U.S. Treasury Secretary, and Howard Lutnick as Secretary of Commerce.Hassett and B...Read More
$200 billion can buy a lot of Bitcoin.That’s the amount of cash Microsoft is sitting on - money that could have made history a few weeks ago.The crypto world watched with bated breath as Microsoft shareholders faced a decision that would ripple through Wall Street: whether to turn some of that mountain of cash into Bitcoin.For Bitcoin believers, it would have been the ultimate validation.Mic...Read More
If you've ever found yourself cornered at a dinner party by that one guy with a conspiratorial gleam in his eye and a penchant for explaining why the economy is "just a series of smoke and mirrors," you'll appreciate Henry Hazlitt's Economics in One Lesson. It's The Book that offers the economically curious a set of brass knuckles to face the muddled nonsense of popular economic "thought." And by...Read More
It was December 2, 1805. The fields of Austerlitz were cloaked in fog.Napoleon Bonaparte outnumbered and ostensibly retreating, faced the combined might of the Austrian and Russian imperial armies.The Allies believed they had him cornered. They saw the French emperor's lines thinning and his forces retreating from a key high ground, the Pratzen Heights. Sensing an opportunity, they charged forward...Read More
commodities chartsMCX Comodities charts and detail :Free Commodities Charts, Quotes, Commodities Analysis & Commentary for Futures and Options Traders.The term commodity is specifically used for an economic good or service when the demand for it has no qualitative differentiation across a market.[3] In other words, a commodity good or service has full or partial but substantial fungibility; th...Read More
Silver Crown Royalties Inc. (SCRI:CBOE; SLCRF:OTCQX; QS0:FSE) announced it has signed a definitive royalty agreement with PPX Mining Corp. (PPX:TSXV; PPX:BVL) for a percentage of the cash equivalent of silver produced from PPX's Igor 4 project in Peru. Read why one analyst thinks the royalty company will become "a household name."Silver Crown Royalties Inc. (SCRI:CBOE; SLCRF:OTCQX; QS0:FSE) announ...Read More
Change is finally coming to America's failing healthcare system.If RFK Jr. is confirmed as Secretary of Health and Human Services (HHS), the Trump administration is set to truly shake things up for the first time in modern history.HHS is a gigantic beast, with 13 divisions under its roof including the FDA, CDC, CMS, and NIH.CMS' Medicare spending alone reached over $840 billion in 2023, making up...Read More
This new mineralized area remains open and might connect to another recently identified zone at this asset in Canada, noted an Atrium Research report.Endurance Gold Corp. (EDG:TSX.V; ENDGF:OTC; 3EG:FSE) encountered, on drilling the deepest hole yet at its Reliance project in British Columbia, a new area of high-grade gold mineralization below an existing zone, reported Ben Pirie, equity research a...Read More
All holes encountered anomalous gold pathfinder elements, and follow-up drilling in all three targets is warranted, noted a Red Cloud Securities report.Westhaven Gold Corp. (WHN:TSX.V) announced that all six holes drilled in the Certes target at the Shovelnose project intersected anomalous gold pathfinder elements, reported Red Cloud Securities Vice President and Mining Analyst Taylor Combaluzier...Read More
Just one week after Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A0RLEP:WKN; 3TZ:FSE) announced a significant expansion of its Halo discovery at its Quesnelle Quartz Mine, the company has staked more than 90,000 hectares of contiguous mineral claims. Read why one analyst says the stock is a Buy.Just one week after Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A0RLEP:WKN; 3TZ:FSE) announ...Read More
Next for this asset is a feasibility study, likely to show enhanced economics over those in the second prefeasibility study, noted a Hallgarten & Co. report.AbraSilver Resource Corp. (ABRA:TSX.V; ABBRF:OTCQX) is rapidly advancing Diablillos in northern Argentina, now positioned "as one of the most important silver projects coming down the pike at a global level" due to several converging events, r...Read More
NexGold Mining Corp. (NEXG.V:TSXV; NXGCF:OTCQX; TRC1.F:FRA) and Signal Gold Inc. announced significant advancements in their strategic alignment through the completion of Signal Gold's second tranche of its oversubscribed subscription receipts financing. Read more to learn how this merger positions the combined entity to advance flagship projects in the Canadian gold sector.NexGold Mining Corp. (N...Read More