Last week, it was hard for us NOT to take the EIA's gasoline demand numbers seriously.Am I alone in thinking it's absurd to say that gasoline demand right now is comparable with that of July 2020, when the world was locked down tight as a drum (except you, Florida)? Those of you who did the unthinkable and ventured out of your house during the summer of 2020 and found that entire interstates had b...Read More
Wealthion, Released on 8/12/22 (Recorded on 8/9/22)For Part 1 of this interview, CLICK HEREMoney manager Michael Pento returns for Part 2 of this interview to share how he is currently positioning his firm's portfolio for the 40% market correction he sees coming ahead. Cash, US dollar, long-dated US Treasury bonds & shorts are what Michael calls "The 4 Horsemen" - the key assets you want to hold d...Read More
Harry S. Dent Jr., Released on 8/12/22We are in the crash of a lifetime! Economist Harry Dent discusses the best plays to weather the downturn. Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends....Read More
Kinesis Money, Released on 8/12/22 In this week's Live from the Vault, Andrew Maguire exposes the race major world banks are in to discreetly exit decades of accrued, loaned-out short bets against gold and silver, as Basel III reforms bring the precious metals market closer to an inflection point. With the recent JP Morgan spoofing scandal adding empirical weight to Andrew's insider reports, the L...Read More
SF Live, Released on 8/12/22On this episode of SF Live, we are welcoming back Rick Rule, investor & speculator, formerly with Sprott Inc., to discuss the Inflation Reduction Act, substance in politics, sentiment in mining, and to discuss stocks he recently bought.Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a...Read More
Summit News, Released on 8/12/22Despite the fact that no one asked, the World Economic Forum is now advocating for the merger of human and artificial intelligence systems to censor "hate speech" and "misinformation" online before it is even allowed to be posted.Continue... World Economic Forum Calls For Merging of Human and AI Intel to Censor 'Hate Speech' & 'Misinformation' added by Herman James...Read More
Laura Ingraham - Twitter, Released on 8/12/22Trump lawyer Christina Bobb: There was nothing there pic.twitter.com/CzBs02E86h- Laura Ingraham (@IngrahamAngle) August 12, 2022 Trump lawyer Christina Bobb on the raid on Mar-a-Lago added by Herman James on 08/12/2022View all posts by Herman James ?+'Read More
The company said drilling across its properties is delivering and it has expectations that its 2022 reserve and resource estimates will report record levels, above those seen in 2021 when it reportedRead More
Under the financing deal, Bluescape has agreed to purchase $60 million aggregate principal amount of senior secured convertible notes due 2027 which will be convertible into shares of the 5E's commonRead More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdChief executive Neal Froneman also used a presentation of the company's US operations to highlight that current market conditions did no...Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltd"While not without its challenges, our diverse portfolio once again delivered strong operating cash flow and an attractive dividend yiel...Read More
Until mid-May prices for the two metals ran on parallel tracks, largely because they share a common market in batteries for electric vehicles (EVs) and consumer electronics but also because supply forRead More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdThe company's adjusted earnings per share fell to US$0.02 in Q2, which is down from $0.07 a year earlier."We were slightly ahead of our...Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltd"Our business generated healthy free cash flow of US$21.9 million in spite of declining metal prices in the quarter and the compounding...Read More
Higher production will be supported by a gold royalty payment from the Hod Maden gold-copper mine in Turkey.Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 21 points in pre-opening trade. Illumina dropped $44.45 to $182.99 after reporting lower than consensus second quarter earnings. The company also lowered guidance. Blackrock added $1.95 to $730.60 after Deutsche Bank raised its target price from $720 to $860Toast advanced $2.36 to $20.57 after JP Morgan raised its targ...Read More
Karora Resources (TSX: KRR; US-OTC: KRRGF) says a preliminary economic assessment for the nickel resources at its Beta Hunt mine in Western Australia has outlined a low capex project with strong leverage to rising metal prices.The operating gold mine, 600 km from Perth, is home to a deposit that hosts both gold and nickel in adjacent discrete mineralized zones, which the company describes as a "ve...Read More
Only newsletter writers and commodity analysts see the future with perfect clarity, the rest of us must muddle along with probabilities and best guesses. A strategist was quoted recently in The Northern Miner as having a US$5,000 per ounce two-year outlook on gold. He might be gifted with foresight but, for mere mortals, Doris Day explained it perfectly in 1956 with what became her signature so...Read More
Global Atomic (TSX: GLO; US-OTC: GLATF) has finalized the formation of Societe Miniere de Dasa (Somida) as its mining subsidiary for the Dasa uranium project in Niger and the government has increased its interest to 20%, which includes a 10% free carried interest and an additional 10% interest to be funded.Somida will be headed up by Moussa Souley, a Nigerian mining engineer who previously served...Read More
Australia's Stanmore Coal (ASX: SMR) has acquired the remaining 20% stake in the South Walker Creek and Poitrel coal mines in Queensland from Japanese trading house Mitsui & Co. in a deal valued at US$380 million.The move, which seeks to complete the takeover of the metallurgical coal joint venture BHP Mitsui Coal (BMC), follows a deal inked in November with BHP to buy the mining giant's majority...Read More