Next Tech Talk report will be released (in the New Year!) on Tuesday January 3rdPre-opening Comments for Friday December 30th 2022U.S. equity index futures were lower this morning. S&P 500 futures were down 26 points in pre-opening trade. U.S and Canadian equity trading activity today is expected to be substantially lower than average today. U.S. equity markets are scheduled to close at their...Read More
Surging demand for battery metals is offsetting increased costs to build PolyMet Mining's (TSX: POM) copper-nickel project in northeastern Minnesota, according to new estimates. Developing the first phase of the NorthMet open-pit operation about 100 km north of the Lake Superior port of Duluth is forecast at US$1.2 billion in an updated feasibility study released Friday. That's greater than a qua...Read More
Global Battery Metals (TSXV: GBML) says it will stop exploring for nickel, copper and platinum group metals at its Sawyer camp in northern Michigan and instead focus on lithium projects in Ireland and Utah. The Vancouver-based company completed two 300-metre scout drill holes and a borehole/surface electromagnetic survey at the camp, located on the peninsula between the Great Lakes of Michigan a...Read More
Copper Mountain Mining (TSX: CMMC; ASX: C6C) has shut its mine in southern British Columbia as it works with authorities to repel a ransomware attack.The shutdown is a preventative measure as Copper Mountain assesses the extent of the attack on its systems at the mine and its corporate offices in Vancouver, the company said in a news release on Thursday.There was no immediate word on damage, any...Read More
A team of researchers has discovered at least two minerals never before seen on earth in a 15-tonne meteorite found in Somalia - the ninth-largest meteorite ever found.The two minerals, with a potential third mineral under consideration, came from a single 70-gram piece that was sent to the University of Alberta for classification. "Whenever you find a new mineral, it means that the geological co...Read More
Two employees of B2Gold (TSX: BTO) in Mali were killed Thursday when their bus was attacked in an armed robbery, the miner says. The incident occurred when the bus under police escort was transporting workers from the Fekola gold mine to Bamako, the capital of the west African country. They came upon a robbery in progress about 75 km west of the city, the company said in a statement."Security for...Read More
Peak Prosperity, Released on 12/30/22Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, C...Read More
Liberty and Finance, Released on 12/30/22The stock market represents the biggest bubble in US stock market history, and it is unwinding. Investors are shifting out of equities. Momentum analyst Michael Oliver expects the Fed to pivot in 2023. Gold and silver will anticipate this shift, he says, and have already started their move higher.0:00 Intro1:50 Gold/silver update8:01 Pullback coming?12:34 D...Read More
In The Money Stocks, Released on 12/30/22In his Live Day Trading Room, Gareth was asked about his views on "talking heads" and the affect they may have on markets. Listen closely to this audio clip in which Gareth takes the time to offer a powerful message about his views pertaining to this topic! Gareth has been able to sustain his success over multiple decades for many reasons; a major reason be...Read More
Howe Street, Released on 12/30/22Bob Hoye is a trained geologist, successful resource investor and economic historian. Bob is the chief investment strategist for chartsandmarkets.com. bob hoye, gold, stock market, us dollarBob Hoye: Will Gold and US Dollar Out Perform 2023 Stock Market? added by Herman James on 12/30/2022View all posts by Herman James ?+'Read More
Egon von Greyerz - Twitter, Released on 12/30/22The #BondMarket is dying right before our wide-open eyes.If this seems hard to believe or "sensational," just consider what Bank of America already knows, namely that global government bonds are poised to record their 6th worst annual return since 1700. Yes, 1700. pic.twitter.com/55ocVfdU7Y- Egon von Greyerz (@GoldSwitzerland) December 30, 2022 Egon...Read More
The Daily Gold, Released on 12/30/22We see the bullish potential when looking at Gold in real terms. Continue... Jordan Roy-Byrne: Gold is Outperforming Everything added by Herman James on 01/01/2023View all posts by Herman James ?+'Read More
Wall Street Silver - Twitter, Released on 12/30/22The London Metal Exchange will enter 2023 with the smallest available warehouse stockpiles in at least 25 years, setting the stage for future squeezes and spikesSource without paywall:https://t.co/Kh9zcUNBwd pic.twitter.com/nhx3TytMFM- Wall Street Silver (@WallStreetSilv) December 30, 2022 London Metal Exchange enters 2023 with the smallest availab...Read More
Peter Schiff - Twitter, Released on 12/30/22Typical of @CNBC, the network just aired a commercial advertising tribute "coins" clad with 14 milligrams of pure gold, as a way to invest in #gold. The "coins" sell for $9.95 each, which is more than ten times the value of the gold. Plus you also pay S&H. https://t.co/DSleg2SxPr- Peter Schiff (@PeterSchiff) December 30, 2022 Peter Schiff is an internati...Read More
While the statistics scream,investors, often blinded by emotions, do not hear them. However, since historyseems to rhyme, what do gold, silver, and mining stocks have in store for us?What a boring month!At least for those who monitor theperformance of junior mining stocks. It’s Dec. 29, and the monthly price changefor the GDXJ ETF is $0.15 (0.41%). That’s how much higher the GDXJ is no...Read More
Of Two Minds, Released on 12/30/22It may turn out that all the lessons we learned in the past 40 years will not only be useless in this Continue... Charles Hugh Smith: It's a New Era added by Herman James on 01/02/2023View all posts by Herman James ?+'Read More
Wolf Street, Released on 12/30/22But history doesn't repeat, it rhymes: For your amusement, a Nasdaq comparison to the Dotcom Bust.Continue... Wolf Richter: 2022, Year of Face-Ripping Bear-Market Rallies that Got Crushed added by Herman James on 01/02/2023View all posts by Herman James ?+'Read More
While the statistics scream,investors, often blinded by emotions, do not hear them. However, since historyseems to rhyme, what do gold, silver, and mining stocks have in store for us?What a boring month!At least for those who monitor theperformance of junior mining stocks. It’s Dec. 29, and the monthly price changefor the GDXJ ETF is $0.15 (0.41%). That’s how much higher the GDXJ is no...Read More
David Morgan - Twitter, Released on 12/30/22Source: https://twitter.com/silverguru22/status/160904374David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker...Read More
Central banks are buying gold at a record rate, and many commentators think they are preparing for a gold-backed currency.Read More