Gold mining stock charts have not yet confirmed a sustainable rally, and Q3 fundamentals may be a headwindWe have used this daily chart of the gold stock ETF, GDX in written and video updates to keep NFTRH subscribers apprised of the progress of the bounce from the early October low (after previously using the chart to manage the long correction that began with the May double top). Let’s upd...Read More
Strategic shareholder Frank Giustra has increased his stake in Blackwolf Copper and Gold as a part of the company's most recent private placement deal. Read on to see why analysts like this company's stock.Blackwolf Copper and Gold Ltd. (BWCG:TSX.V) announced in a press release that the company has closed a private placement deal where Frank Giustra, a strategic shareholder, was a major investor....Read More
This gold company just made its first pour of gold at its flagship project in Fiji and is continuing to see high-grade results from infill and grade-control drilling. One analyst calls it "one of the highest-grade gold mines in the world."Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX; LLO:ASX) has announced new high-grade gold drilling results from continued infill and grade-control drilling at its...Read More
I must disclose this immediately: I utterly loathe the World Economic Forum. To quote Obi-Wan Kenobi, "You'll never find a more wretched hive of scum and villainy."From Jacinda Ardern, the Woman Who Would Be Queen (of New Zealand), to Chrystia Freeland, granddaughter of one Nazi and chief cheerleader for another, to Justin Trudeau, the chip off the old block, all who associate with the World Econo...Read More
Sanu Gold Co. released news that it had closed its 3.45 million private placement. Read to see what the next steps are for the company and why some experts are focused on gold.This morning, Sanu Gold Corp. (SANU:CSE;SNGCF:OTCQB) announced it had closed its CA$3.45 million non-brokered private placement. This private placement was originally announced in September and was comprised of 69,000,000 co...Read More
We learn today the gross domestic product expanded at an annualized 4.9% rate last quarter.CNBC:Gross domestic product, a measure of all goods and services produced in the U.S., rose at a seasonally adjusted 4.9% annualized pace in the July-through-September period, up from an unrevised 2.1% pace in the second quarter, the Commerce Department reported Thursday...The sharp increase came due to cont...Read More
Sierra Madre Gold and Silver Corp. has partnered with consultant to evaluate a new storage facility for tailings. Read on to see why analysts like this company's stock.Sierra Madre Gold and Silver Ltd. (SM:TSX.V; SMDRF:OTCQX) put out a press release announcing its partnership with Stantec Consulting International LLC to perform analysis on its tailings depositions options related to its La Guitarr...Read More
This company has closed on its US$17 million investment agreement with Dakota Gold Corp., which is exploring near the historic mine once called the "Richest 100 Square Miles" on Earth.Dakota Gold Corp. (DC:NYSE American) announced that its US$17 million investment agreement with Orion Mine Finance has closed.OMF Fund IV SPV C LLC, which is managed by Orion, purchased 6,666,667 shares of Dakota Gol...Read More
"Luxurious languor"…We hazard the epoch of luxurious languor 18th-century philosopher David Hume's delicious expression is closing.It acquired its existence through the post-2008 imposition of artificially reduced interest rates.Rates at or near zero reigned for an entire decade and longer. Credit was essentially... costless.The United States economy got accustomed to it even dependent...Read More
This company has closed on its US$17 million investment agreement with Dakota Gold Corp., which is exploring near the historic mine once called the "Richest 100 Square Miles" on Earth.Dakota Gold Corp. (DC:NYSE American) announced that its US$17 million investment agreement with Orion Mine Finance has closed.OMF Fund IV SPV C LLC, which is managed by Orion, purchased 6,666,667 shares of Dakota Gol...Read More
Where were you on March 9, 2022, when President Biden signed the death warrant on American freedom?On that day, in a hushed ceremony at the White House without the approval of Congress, the states or the American people, Biden signed into law Executive Order 14067.Buried in his order are a few paragraphs, titled Section 4. The language in Section 4 makes Order 14067 the most treacherous act by a s...Read More
Sierra Madre Gold and Silver Corp. has partnered with consultant to evaluate a new storage facility for tailings. Read on to see why analysts like this company's stock.Sierra Madre Gold and Silver Ltd. (SM:TSX.V; SMDRF:OTCQX) put out a press release announcing its partnership with Stantec Consulting International LLC to perform analysis on its tailings depositions options related to its La Guitarr...Read More
With lots of noise surrounding the Electrification Movement, Michael Ballanger of GGM Advisory Inc. shares what he believes is really going on, as well as two stocks that may be worth looking into.The big news for the past month has been the superb performance of the gold market, which, as of today's earlier high print at US$2,009, was ahead 10.17% since the lows of October 6, making it one of the...Read More
After reviewing the company last week, Michael Ballanger of GGM Advisory Inc. shares his current thoughts on Norseman Silver's stock.Phones and email inboxes are inundated this morning with cascading queries about Norseman Silver Ltd. (NOC:TSX.V; NOCSF:OTCQB), which was highlighted 15 days ago on October 3 after I had a conference call with V.P. Exploration Merlin Marr-Johnson, President Sean Hurd...Read More
There's a lot going on in the world right now that bears close monitoring. But we can't forget about the elites' war on our freedoms.You've no doubt heard about the "Green New Deal" a set of government proposals designed to fight the "climate change crisis."If enacted, these laws would impose radical changes on nearly every facet of society, costing companies billions of dollars while diminishin...Read More
LONDON, 23 October 2023 - Today's edition of the Financial Times, the UK's financial newspaper of record, carries comment from BullionVault on the continued strength in gold bullion prices."The surge in real yields really should have pulled the rug under gold," the paper quotes Adrian Ash, director of research at the precious metals marketplace."The big question at the moment is who is holding up...Read More
I would summarize the economic flow of recent events as:2020-21: massive stimulus and pandemic restrictions build up household savings and generate a stock market “meme stock” bubble.Mid-2021-22: “Revenge Spending” splurging generates massive spike in consumption, profiteering and inflation.2023: Renewed bubbles in housing and stocks, a classic “rebound / echo”...Read More
This company announced it has found lithium in three pegmatite outcrops on its Volt 1 property in Quebec. Read why analysts are long-term bulls on this sector.Fabled Copper Corp. (FABL:CSE) announced it has found lithium in three pegmatite outcrops on its Volt 1 property in Quebec.The samples were taken on one day in July because access was restricted to the site during much of the summer due to f...Read More