Editors note: I am not sure what to make of being called "Ireland's Mr Gold" but I suppose you could be called worse. For me, my fellow founder Stephen and our excellent team, it has never been about gold itself, but rather it has been about the benefit that gold provides to our clients, their families, their companies and the wider society.This benefit is not just in terms of hedging, financial...Read More
November 29, 2018, Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V: NEE) (OTC Nasdaq Intl.: NHVCF) (the "Company" or "Northern Vertex") announces that the Company's interim consolidated financial results for the first fiscal quarter 2019 ended September 30, 2018 have been filed on SEDAR. The full version of the Condensed Interim Consolidated Financial Statements and Management's Discussion...Read More
CloseGain/LossOn WeekGold $1221.70-$2.20-0.09%Silver$14.17-$0.13-0.49%XAU64.46-0.52%-1.24%HUI145.04-0.93%-1.88%GDM531.74-0.56%-1.54%JSE Gold1098.81-25.26-3.68%USD97.19+0.41+0.29%Euro113.20-0.69-0.08%Yen88.21-0.09-0.62%Oil$50.93-$0.52+1.01%10-Year3.002%-0.027-1.22%Bond140.71875+0.59375+0.49%Dow25538.46+0.79%+5.16%Nasdaq7330.54+0.79%+5.64%S&P2760.16+0.82%+4.85% The Metals: ...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe surprise was not in the results themselves from the four-hole program at the unnamed discovery, assumed to be the historic Oak Dam West anomaly.The surprise was that BHP announced t...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe Toronto-based miner expects to produce more copper over this period than previously expected on the back of refined mine sequencing at Candelaria, in Chile, and an expected early completion of the Eagle East project, in the US.The 2019 copper guidance is expected to range between 199,000 metric tonnes 218,000t in 2019, rising t...Read More
Three-month base metals prices on the London Metal Exchange were firm on the morning of Friday November 30 despite the release of weaker-than-expected economic data from China earlier in the day. The three-month tin price led the gains with a 0.6% increase to $18,620 per tonne and was closely followed by zinc and nickel, which were both up by 0.4%. Copper and lead managed to eke out mild gain...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points in pre-opening trade. Investors are waiting for news related to trade negotiations between China and the U.S. The Canadian Dollar dipped 0.25 to U.S.75.04 cents after September GDP was released. Consensus was annualized growth at a 2.3% rate. Actual was 2.1%. Hewlett Packard (HPQ $22.86) is expected to open h...Read More
In 1974, Ray Kroc, the founder of McDonald's, was asked to speak to the MBA class at university of Texas at Austin. My friend was a student in that class.After a powerful and inspiring talk, the class adjourned, and the students asked Ray if he would join them at their favorite hangout to have a few beers. Ray graciously accepted."What business am I in?" Ray asked, once the group all had their bee...Read More
Since it kicked off this year's 32,500-metre drill program in March, Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has continued drilling at the Colomac and Grizzly Bear gold deposits, which, along with its Goldcrest gold deposit, make up the Colomac project's inferred resource of 2.61 million contained oz. gold in 50.3 million tonnes grading 1.62 grams gold per tonne.But the company has also spent a l...Read More
Bridgewater Associates founder Ray Dalio on U.S. trade tensions with China and the USMCA deal.Part 1 (parts 2 & 3 below)Bridgewater Associates founder Ray Dalio on the impact of Federal Reserve policy on the economy, concerns of a potential economic slowdown and mounting government debt.Part 2Bridgewater Associates founder Ray Dalio on debt and the U.S. economic outlook.Part 3Ray Dalio is an Ameri...Read More
Click Here to Listen to the Interview - *the interview begins at 5:36Michael weighs in on the recent words from Fed Chair Jerome Powell and why he believes the initial reaction from Wall Street about what the Fed will now be doing on interest rates is misguided, and he reveals the inside scoop on why he's been blackballed by CNBC and others in the mainstream financial media.Click Here to Listen to...Read More
We've discussed this on and off for several years now. Civil asset forfeiture is a legal process that allows the government to seize assets and cash fromContinue...Read More
The press is all abuzz about the suicide rate is up 33% in 20 years and they blame the lack of funding as if this alone will cure the problem. They never seem to simply Continue...Read More
"It is the American position that Russia is in violation. It is Russia's position that they are not in violation. So one has to ask, 'How do you convince the RussiansContinue...Read More
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information providedContinue...Read More
Dec 03, 2018 Guest(s): Will Rhind CEO, GraniteShares Changes in monetary policy could really affect stock markets and increase volatility in equities in 2019, this according to Will Rhind, CEO of GraniteShares. "I think we can have quite a significant change if there's a rate rise in December. I think that really increase the likelihood of a stock market sell-off coming into next year. So, we've...Read More
The Association of Mineworkers and Construction Union (AMCU) started a strike on Read More
Fund manager Adrian Day reviews some of the gold companies on his list, including a family of juniors all of which offer good targets for picking up in tax-loss selling seasons. Almaden Minerals Ltd. (AAU, NY, 0.52), like Vista from our last article, is very undervalued based on its ownership of a solid project, in Almaden's case the gold-silver Tuligtic project (which includes the Ixtaca deposi...Read More
Scooby Doo is an American hero.No, I'm not talking about the cartoon dog.I'm talking about the robot.You see, Scooby Doo was an iRobot PackBot.PackBots are 60-pound, treaded robots that are used for reconnaissance, surveillance, and bomb disposal. They have four cameras, an arm with a gripper, and flippers that vault them over obstacles.And Scooby Doo was one of the best.Through the course of his...Read More
*This interview was first published on 11/30/18Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In bet...Read More