In this podcast episode, host John MacGregor interviews Stephanie Chandler, a successful author and CEO of the Nonfiction ...Read More
Gold price has been falling in today’spre-market trading, but… Given the recent (HUGE!) weekly reversal, does itreally surprise anyone?The Historical ContextWell, it might surprise those thateasily forget what happened in the previous weeks and focus on just theday-to-day price swings, but the truth is that the context provided by previousweeks, months, and years (and the performance...Read More
Gold price has been falling in today’spre-market trading, but… Given the recent (HUGE!) weekly reversal, does itreally surprise anyone?The Historical ContextWell, it might surprise those thateasily forget what happened in the previous weeks and focus on just theday-to-day price swings, but the truth is that the context provided by previousweeks, months, and years (and the performance...Read More
Gold price has been falling in today’spre-market trading, but… Given the recent (HUGE!) weekly reversal, does itreally surprise anyone?The Historical ContextWell, it might surprise those thateasily forget what happened in the previous weeks and focus on just theday-to-day price swings, but the truth is that the context provided by previousweeks, months, and years (and the performance...Read More
Gold price has been falling in today’spre-market trading, but… Given the recent (HUGE!) weekly reversal, does itreally surprise anyone?The Historical ContextWell, it might surprise those thateasily forget what happened in the previous weeks and focus on just theday-to-day price swings, but the truth is that the context provided by previousweeks, months, and years (and the performance...Read More
Gold price has been falling in today’spre-market trading, but… Given the recent (HUGE!) weekly reversal, does itreally surprise anyone?The Historical ContextWell, it might surprise those thateasily forget what happened in the previous weeks and focus on just theday-to-day price swings, but the truth is that the context provided by previousweeks, months, and years (and the performance...Read More
This environmental company gives an update on private placement funding as it works toward closing on millions in green bonds to build its long-anticipated bioleaching plant in Ecuador.BacTech Environmental Corp. (BAC:CSE;BCCEF:OTCQB;OBT1:FRA) announced it had closed the first tranche of private placement funding as it works toward closing on millions in green bonds to build its long-anticipated b...Read More
Seabridge Gold Inc. announces results from drilling and survey work on its 100%-owned Iskut property in northwest British Columbia's Golden Triangle.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) has announced results from drilling and survey work on its 100%-owned Iskut property in northwest British Columbia's Golden Triangle.The company announced results expanding the known Bronson Slope copper-gold...Read More
Several resource companies reported good news this past week, much of it long anticipated but welcome all the same. After the run-up in stock prices this month with the increase in the gold price and following the news, Global Analyst Adrian Day shares his recommendations. Osisko Gold Royalties Ltd. (OR:TSX; OR:NYSE) sold its entire block in Osisko Mining, one of its numerous offspring, for $132 m...Read More
When we last looked at Freeport Resources Inc. and how it's positioning itself to meet the coming copper crunch, the company has just secured some CA$2 million in new financing. Now, it has put some of that capital to work, securing a major license renewal. Canada-based Freeport Resources Inc. (FRI:TSX.V;OTCQB:FEERF;FSE: 4XH) recently announced that it had successfully renewed its license for the...Read More
(IDEX Online) - Japan, as one of the G7 nations, will join the ban on importing of non-industrial diamonds from Russia.But the move is more symbolic than anything, given that total imports amounted to under $400,000 in 2022.The Japanese government announced the diamond sanctions as part of new round of sanctions being implemented in view of what it described as "the current international sit...Read More
(IDEX Online) - Rolex has been fined $100m by France's Competition Authority for prohibiting the sale of its watches online.The Swiss company has long claimed that restrictions on its authorized retailers are necessary to prevent counterfeiting and parallel trade in its watches. But the Autorite de la Concurrence, France's antitrust agency, ruled that it restricted competition.It sa...Read More
(IDEX Online) - India is reported to be calling on the G7 to delay the introduction of sanctions on Russian diamonds, the first of which are due to take effect from 1 January 2024.It is particularly concerned about restrictions on diamonds that are cut and polished outside Russia - mostly in India - that will come into force on 1 March.It says they will prove impractical to implement in such a tig...Read More
(IDEX Online) - De Beers reported rough diamond sales of $130m of during its last sight of the year, as the polished market started to show some signs of recovery.The UK-based miner expressed cautious optimism that rough trading conditions were gradually improving.Average sales across all 10 cycles this year were $362m. So despite a 51 per cent increase from October's record low of $86m, Nove...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 34 points at 8:35 AM EST.S&P 500 Index futures added 10 points following release of economic news at 8:30 AM EST. Consensus for the updated annualized U.S. third quarter real GDP was unchanged at 5.2%.Actual was a slip to 4.9%. Consensus for the December Philly Fed Index was -3.0 versus -5.9 in November. Actual was...Read More
Yesterday's issue drew a very heavy mail.We solicited your opinion concerning the Colorado Supreme Court's ruling to strike Mr. Trump from the Republican primary ballot.We thank you for your responses.In summary: The ruling wrung the gizzards of most readers.They believe the Colorado Supreme Court conducted itself... how do we style it... extrajudicially.Reader Jason M. talks for many when he says...Read More
Yesterday, I had a rousing conversation with Jim Rickards about the rise of Artificial Intelligence (AI).As you probably know by now, AI and its offshoot Generative Pre-Trained Transformers (GPT) are all the rage.There is one camp that whole-heartedly believes this technology will transform the world and be bigger than the invention of the internet.While Jim sees this potential (and as do I) he wa...Read More