Here's the lay of the land. The Senate is currently divided between 51 Republicans and 49 Democrats (including two Independents who caucus with the Democrats). A change of two seats in favor of the Democrats will give Democrats control of the Senate under the leadership of Chuck Schumer of New York.Of the 100 Senate seats, 35 are up for election in 2018. Those 35 Senate seats are currently divided...Read More
When the stock market has suffered a couple of really big slides in a row, like it did last week, the financial advice to those who are freaking out is always: Do not look at your account balances. The advice still stands not to change anything in your portfolio-trying to time the market is a fool's errand.In cryptocurrency there's an acronym: BTD (Buy the Dip), meaning now is a good time to buy c...Read More
Calgary, Alberta (October 22, 2018) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce that it has retained Link Media, LLC ("Link Media") to further build awareness and provide communications and market awareness services aimed at maintaining and building the profile of Prize among existing and potential shareholders.Link Me...Read More
Oct 23, 2018 Guest(s): Stephen de Jong CEO & Co-Founder, VRify The mining sector needs to innovate and differentiate themselves, the way Uber disrupted the taxi industry, said Stephen de Jong, CEO and co-founder of VRify. "We need something like what Uber did to the taxi industry. Uber didn't just come along and find an extra few million drivers so we have more options, every single person that...Read More
Continue...Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the author, most recently, of Unbalanced: The Codependency of America and China and Stephen Roach on the Next Asia: Opportunities and Challenges for a New Globalizatio...Read More
LONDON, 22 September 2018 - Today's new edition of Which? Money - the personal finance magazine from UK consumer champions Which? - names BullionVault as a simple way to invest in gold.Also quoting data and analysis from the world-leading online platform for private investors, Which? Money says "There are several options [to] buy physical gold...[including] jewellery or as bars and coins from gold...Read More
Much of the American public despises mainstream corporate media, but rather than engage in some self-reflection and admit failure they just complain about Continue...Read More
Wall Street shills are in near perfect agreement that the bond market is not in a bubble. And, even if there are a few on the fringes who will admit that one does exist, they Continue...Read More
Gold has rallied sharply to be trading at well over the psychologically important US$1,200 a mark, although it is still down by 7% for the year to date. Surprisingly for many investors, gold's poor cousin silver has failed to keep pace having lost 15% for the same period. This has caused the gold-to-silver ratio, which measures how much silver is required to buy one ounce of gold, to widen signif...Read More
I have been tremendously bullish on the outlook for intermediate gold miner Kirkland Lake (TSX:KL)(NYSE:KL) for over year. Over the last month, despite gold's latest gyrations, the miner has soared by over 21% to be up by a whopping 70% for the last year compared to the market marking gold down by 7%. While Kirkland Lake has made some substantial gains, there are signs of further upside ahead. No...Read More
The shock of past downward projections belies the true value of established gold miner Guyana Goldfields' Aurora gold mine, says Investor's Digest of Canada junior mining stock columnist Mike Kachanovsky. He calls Guyana a bargain stock and says a rebound in this sector is long overdue.There is a lot of commentary circulating in the precious metals sector about where the final bottom may be found...Read More
It's important to keep in mind that the mining stocks have been sold to levels well-below their intrinsic value - in the case of larger-cap producing miners. Or their "optionality" value - in the case of junior mining companies with projects that have a good chance eventually of converting their deposits into mines. "Optionality" value is based on the idea that junior exploration companies with pr...Read More
TORONTO - Canada's main stock index moved lower in late-morning trading as the key energy and materials sectors fell in the wake of lower commodity prices.The S&P/TSX composite index was down 73.53 points at 15,396.57.In New York, the Dow Jones industrial average was down 35.15 points at 25,409.19. The S&P 500 index was up 0.16 of a point at 2,767.94, while the Nasdaq composite was up 60.59 point...Read More
Today, U.S. Secretary of the Interior Ryan Zinke joined Paul C. Johnson, president of Colorado School of Mines, to announce a long-term partnership between the university and the U.S. Geological Survey (USGS). The partnership will bring more than 150 USGS scientists and their minerals research labs to the university's Golden, Colorado campus where government scientists and Mines faculty and studen...Read More
October 22, 2018 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") is pleased to announce additional drill results from its wholly owned Hudson Bay project located in the Cobalt Camp, Ontario, Canada.Highlights from 11 drill holes Drill hole HB18-31 intersected one metre of 3,290 g/t silver, 0.29% nickel and 0.14% cobalt within 2.00m of 1,667.30 g/t silver, 0.15% nickel and 0.0...Read More
Creating and advancing a distinctive graduate student experience at Colorado School of Mines will be the focus of the 2018 awardee of the Ben L. Fryrear Endowed Chair for Innovation and Excellence.Geoff Brennecka, associate professor of metallurgical and materials engineering, is the third Mines faculty member to be named a Fryrear Chair since the chairship was endowed by Mines alumnus Ben Fryrear...Read More
Despite a strong U.S. dollar, the price of gold increased for the third consecutive week, finishing at US$1,226.50 per ounce, up 0.74%, while the S&P/TSX Global Gold Index rose 1.85% to 171.63. By contrast, the S&P/TSX Global Mining Index was down 1.17% to 53.03 and the S&P/TSX Global Base Metals Index lost 3.06% to finish at 95.08. The S&P/TSX Composite Index closed 0.36% higher, ending the tradi...Read More
Back on August 21, 2018, I wrote about the speculative fever that Novo Resources (TSX-V: NVO) had induced.The stock had attracted the attention of retail and institutional investors, and many believed that the company could very well be on the verge of the largest gold discovery in history.I opined that there were too many questions unanswered for me to justify speculating on a company with a mark...Read More
The above chart is a 20-year snapshot that covers the Gold to Silver price ratio. It measures the number of silver ounces are needed to purchase a single ounce of gold. This bellwether indicator has crossed into new territory and is currently fluctuating between 85 and 83, which is significantly higher than the normal range.Below is a 1-year chart for the Global X Silver Miners ETF, which tracks...Read More
Investing.com - Market players are likely to stay focused on global supplies in the week ahead, after oil prices suffered their second consecutive weekly loss, driven lower by indications of swelling U.S. crude stockpiles.U.S. oil inventories climbed 6.5 million barrels last week, almost triple the amount analysts had forecast, the U.S. Energy Information Administration said on Wednesday.It was th...Read More