Mining and commodities giant Glencore (LSE: GLEN) is buying Newmont's (TSX: NGT; NYSE: NEM) minority stake in the Argentinean MARA copper-gold project, a joint venture created in 2020 between the two companies and Yamana Gold (TSX: YRI; NYSE: AUY).Glencore will pay Newmont an initial price of US$124.9 million for the gold miner's 18.75% interest in MARA.There will also be a US$30 million deferred...Read More
Manitoba and Saskatchewan consistently rank top among the world's premier jurisdictions for mining and mineral exploration. The following are eight companies with operations in the provinces. APPIA RARE EARTHS & URANIUM Aerial view, Alces Lake property in Saskatchewan. Credit: Appia Energy.Toronto-headquartered Appia Rare Earths & Uranium (CSE: API; US-OTC; APAAF) is exploring for rare earth ele...Read More
Sierra Metals (TSX: SMT; NYSE-AM: SMTS) said a group of residents from the Peruvian town of Alis are blocking the access to its flagship Yauricocha copper mine, where production has been suspended for over a week.The Canadian miner did not specify why community members are blocking access to the mine, but some speculate it could be tied to the death of three miners at the operation due to a mudsli...Read More
Bloomberg, Released on 9/23/22Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insi...Read More
Kitco News, Released on 9/23/22Willem Middelkoop, Founder and COO of the Commodity Discovery Fund, talks about the energy crisis in Europe, the potential for more social unrest, and which metals will be in high demand in the future. He spoke with David Lin, Anchor and Producer at Kitco News. 0:00 - Europe's energy crisis11:30 - Economic war and reset18:20 - Gold21:51 - New reserve currency?23:44 -...Read More
Howe Street, Released on 9/23/22Bob Hoye is a trained geologist, successful resource investor and economic historian. Bob is the chief investment strategist for chartsandmarkets.com. bob hoye, Fed, interest rates, recession, stocksBob Hoye: Is the Fed Really in Charge of Interest Rates? added by Herman James on 09/23/2022View all posts by Herman James ?+'Read More
The Daily Gold, Released on 9/23/22It was an eventful week. Gold's technical breakdown was confirmed on Friday and this could be the start of capitulation selling that could take Gold below $1600. Silver was unable to reach $21-$22 and so we cannot rule out a future test of $15. At the same time, the S&P 500 is threatening to break below its 40-month moving average. This would be a strong indicati...Read More
King World News, Released on 9/23/22Continue...Alasdair Macleod is head of research for GoldMoney. Alasdair has been a celebrated stockbroker and Member of the London Stock Exchange for over four decades. His experience encompasses equity and bond markets, fund management, corporate finance and investment strategy. Alasdair Macleod Discusses the US Dollar and Gold added by Herman James on 09/24/20...Read More
Benny Johnson - Twitter, Released on 9/23/22Tucker on Joe Biden's "She was 12, I was 30" comment: "What was Joe Biden talking about? Who was he talking about?... Sounds like a late-life confession. We don't know actually. For once,The White House is not clarifying, they're just walking away slowly." pic.twitter.com/yqz6ZRf1Vm- Benny Johnson (@bennyjohnson) September 24, 2022 Joe Biden: 'She was 12...Read More
Wall Street Silver - Twitter, Released on 9/23/22SPY 2008 vs SPY Today ??'EUR pic.twitter.com/zh0kXMCbDG- Wall Street Silver (@WallStreetSilv) September 24, 2022 SPY 2008 vs SPY Today ??'EUR added by Herman James on 09/24/2022View all posts by Herman James ?+'Read More
Kitco, Released on 9/23/22the good news is that opposed to the mining complex being extreme overbought ahead of the 2008 financial Continue... Gold price action hints of a brewing stock market crash added by Herman James on 09/24/2022View all posts by Herman James ?+'Read More
Wall Street Silver - Twitter, Released on 9/23/22Santelli nails it here.The one guy on CNBC who really isn't afraid to call out what is actually happening.??"^ pic.twitter.com/LvHBOXla1F- Wall Street Silver (@WallStreetSilv) September 24, 2022 Rick Santelli nails it: 'You can't print forever and think you can get away with it... They ruined the entire infrastructure of global finance' added by He...Read More
CNBC, Released on 9/23/22Jeremy Siegel, professor at the Wharton School, joins the 'Halftime Report' to discuss the Fed's decision to raise rates after commodity and asset price dip, arguing that the Fed is oversteering and overlooking data that the economy is slowing. Fed, inflation, jeremy siegelProf. Jeremy Siegel discusses the Fed's monetary incompetence added by Herman James on 09/24/2022V...Read More
The Morgan Report, Released on 9/23/22The US dollar's supremacy and US global leadership have been increasingly questioned since the 2007-2008 global financial crisis. The fact that this crisis originated in the United States raised concerns about the reliability of US leadership and the rationality of preserving the dollar's hegemonic position in the global financial system. President Putin of Ru...Read More
The stock market was down big again today, with the Dow hitting a new low for the year. Just about everything else was down today too. The Fed really has Wall Street spooked, as it's aggressively raising rates to try to get a handle on inflation (even though it won't).The latest inflation numbers show that inflation is persistent, as we knew it would be. That includes sectors without much price mo...Read More
The war in Ukraine has entered itsseventh month and some people believe that China is gearing up for a war withTaiwan. Will bulls invade the gold market?In August, half a year had passed sincethe beginning of the war in Eastern Europe. Ukraine defended its independence but lost 13% of its territory. The six months of war between Europe’s two largest nations have brought deathand suffering on...Read More
Russia's chances of winning its war in Ukraine are falling faster than a dissident oligarch tossed from a rooftop.On Wednesday, Vladimir Putin finally succumbed to the reality of his military's looming failure, as well as the country's more militant voices, and announced a "partial" mobilization of 300,000 new conscripts.These are weekend warriors with little or no experience actually fighting, an...Read More
QTR's Fringe Finance, Released on 9/23/22The mainstream media has definitely hit an immovable object in The Joe Rogan Experience. He's Continue... How Joe Rogan sank CNN... added by Herman James on 09/28/2022View all posts by Herman James ?+'Read More
The war in Ukraine has entered itsseventh month and some people believe that China is gearing up for a war withTaiwan. Will bulls invade the gold market?In August, half a year had passed sincethe beginning of the war in Eastern Europe. Ukraine defended its independence but lost 13% of its territory. The six months of war between Europe’s two largest nations have brought deathand suffering on...Read More
The war in Ukraine has entered itsseventh month and some people believe that China is gearing up for a war withTaiwan. Will bulls invade the gold market?In August, half a year had passed sincethe beginning of the war in Eastern Europe. Ukraine defended its independence but lost 13% of its territory. The six months of war between Europe’s two largest nations have brought deathand suffering on...Read More