Treatment charges (TCs) for zinc concentrates continued to rise sharply in November, hitting highs not seen since November 2015.Fastmarkets' monthly assessment for spot zinc concentrate TCs, cif Asia Pacific, rose to $170-190 per tonne on November 30, the highest since November 2015 and up from $120-140 per tonne at the end of October.This is the biggest monthly move since Fastmarkets started pric...Read More
Pan American Silver (TSX:PAAS)(NASDAQ:PAAS) has been one of the better-performing precious metals miners. While most of the stocks of its peers have gone down 20% or more in the last year, its stock price has only declined about 11%.Let's explore the dynamics that drive Pan American Silver's performance.The businessPan American Silver is primarily a silver miner and is the second-largest of its ki...Read More
With the U.S. dollar weakening as expectations on the extent of interest rate hikes has moderated, we have seen gold prices rally again.In the last week, the price of gold has rallied almost 1.5%.In late 2011, gold prices peaked at close to $1,900 per ounce, then retreated steadily to levels of just over $1,000 per ounce at the end of 2015. Prices are currently at $1,230 per ounce.There are certai...Read More
WE SUGGEST THAT YOU READ THIS ARTICLE THOROUGHLY AS WE WILL SOON COMMENCE A STRONG BULL MARKET IN MANY GOLD STOCKS AND EXPLORATION STOCKS...... Profits are vital to any business. With that in mind, we want to point out that there has been a dramatic change in the profitability of the brokerage industry.True "market makers" (or specialists) are a thing of the past and this has a tremendous impact...Read More
China's commerce ministry said trade negotiations with the US would proceed, Bloomberg reported, and US president Donald Trump earlier tweeted he believed the two countries would make a deal.Meanwhile palladium hit a fresh all-time high of US$1,239.50 an ounce overnight, placing it around the same price as gold.Two of three miners on the S&P500 had shared in the index's slump yesterday but gol...Read More
The company first reported the blockade on June 28, saying sporadic demonstrations and road blockades had primarily targeted the mining sector since the change in government in May.By early August, Lydian said it had sacked 100 employees or 30% of its workforce and "idled" 1,000 construction contractors as local blockades continued.The company last week said it had secured short-term access to its...Read More
A sample of lithium-bearing pegmatite from Redzone's Fortner Boyd claims (also known as the Lucky Mica claim group. Source: Redzone Resources Ltd.Redzone Resources Ltd. [REZ-TSXV; REZZF-OTC; REZ-FSE] said Wednesday December 5 that it has agreed to acquire the Wells vanadium project in British Columbia.Redzone is an exploration company with a focus on metals that make up and support the rapid evolu...Read More
: Exploring the Lac Gueret Project in northern Quebec. Source: Mason Graphite Inc.Mason Graphite Inc. [LLG-TSXV; MGPHF-OTCQX] shares were active Wednesday December 5 after the company released an updated feasibility study and economic results for its Lac Gueret Project in northern Quebec, where pre-construction work is underway.The initial capital expenditure for the project is now forecast at $25...Read More
By the time of his death in 1937, John D. Rockefeller had amassed a wealth of roughly $340 billion in today's dollars.That's four times what Bill Gates had last year.And just to put a little bit more perspective on this astronomical figure, consider that when Rockefeller was laid to rest, his oil fortune was equal to 1.5% of America's total economic output.Sit back and think about that for a seco...Read More
Image Resources NL (ASX: IMA) is Australia's newest Mineral Sands producer, following the recent development of its high-grade, zircon-rich Boonanarring Project in the North Perth Basin in Western Australia. We learned from Patrick Mutz, Managing Director of Image Resources, that they have been in the process of constructing a mine and a processing facility, since the first of April 2018, and, in...Read More
By Jp CortezThe Great Recession, coupled with the "Ron Paul Revolution," prompted a renaissance of the sound money movement in the United States.As Germany, Russia, and China -- to name a few -- continue to increase their gold holdings, the hegemonic power of Federal Reserve Notes (referred to today as the dollar) is slowly slipping away.Simultaneously, whispers once relegated to fringe corners...Read More
Miles Franklin sponsored this article by Gary Christenson. The opinions are his.Official US national debt exceeds $21 trillion. National debt increases over $3 billion per day.Another day older and $3 billion deeper in debt!The U.S. government pays the interest by issuing new debt. But that new debt increases total debt and (eventually) drives up interest rates, which requires more borrowing to...Read More
By Gary Tanashian"The Harbinger of Doom"? Of course we (well, the media) are talking about the yield curve AKA Amigo #3 of our 3 happy-go-lucky riders of the macro. I have annoyed you repeatedly with this imagery in order to show that three important macro factors needed to finish riding before situation turns decidedly negative.Amigo 1: SPX (or stocks in general)/Gold RatioAmigo 2: 30 Year Trea...Read More
Dear Friend of GATA and Gold:In his November 16 edition, our old friend Jay Taylor, publisher of Jay Taylor's Gold, Energy, and Tech Stocks newsletter --https://www.miningstocks.com/-- wrote extensively about gold market manipulation and credited GATA for proving it. Taylor went on to present a chart of morning and afternoon gold price fixes from the London Bullion Market Association showing tha...Read More
By Frank HolmesOne of the most reliable indicators of an economic slowdown just flashed a warning sign this week. On Monday, the yield curve between the five-year Treasury yield and three-year Treasury yield inverted, or turned negative, for the first time since 2007. What this means is the shorter-maturity bond now pays more than the longer-maturity bond, suggesting investors believe the govern...Read More
By Craig HemkeCopper is often referred to as "Dr. Copper" for its ability to foreshadow moves in other markets and the global economy in general. Today we coin the term "Mr. Palladium", as this particular metal may be offering its own bit of foreshadowing. And what might that be? Perhaps the end of the entire LBMA/COMEX Digital Derivative and Fractional Reserve Pricing Scheme. You may recall tha...Read More
We'll be trusting Santa rallies a tad less as a result of Tuesday's take-no-prisoners selloff. Mainly, it'll be a matter of keeping the word "DISTRIBUTION!!!" well in mind every time shares take even a few mincing steps higher. That goes for AAPL as well, my one-size-fits-all bellwether. The stock had switched on the charm Monday, all but shouting "Buy me!" from the rooftop as the session ended....Read More
- Gold's "setup" is "similar to natural gas before its big rally"- Gold is gaining favour over stocks, bitcoin and cryptos- Metals may be primary beneficiaries of imminent greenback peak- Silver "appears ready for a potential longer-term recovery"- GoldCore editors note: Natural gas is 56% higher year to dateby Bloomberg Intelligence (appeared first on the Bloomberg Terminal)Metals should be pr...Read More
Click Here to Listen to the InterviewGold, silver and related shares appear to be building a solid base for an advance as well as cryptos where Bitcoin could ascend to $25,000.The Blockchain concept will thrive as the backbone of the new Internet 2.0, with profound utopian-like implications for virtually every aspect of life.Entertainment, employment, banking, finance, education, legal, healthcar...Read More