The Worst Thing to Happen to the U.S. Dollar Since 1913

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The Worst Thing to Happen to the U.S. Dollar Since 1913 By Justin Spittler Financial freedom could soon be a thing of the past… At Casey Research, it’s our job to tell you about situations that threaten your financial well-being. Usually, these are direct threats to your wealth. Think a stock market crash or bond market collapse. But occasionally, we’ll tell you about other kinds of threats. Today is one of those days… In this issue, we’re going to talk about the “War on Cash.” As you may know, this is an ongoing effort by governments to eliminate paper money. This war is being waged across the world…and it’s picking up steam. Italy and France recently banned cash transactions over 1,000 euros. Spain has banned transactions over 2,500 euros. Uruguay banned cash transactions over US$5,000. But this upending of the global cash economy isn’t just a foreign affair. Former U.S. … Continue reading

What Will Happen to Cannabis Investments with Jeff Sessions as U.S. Attorney General?

Technical analyst Clive Maund charts movements in the cannabis sector after the Nov. 8 legalization votes and the appointment of anti-cannabis firebrand Jeff Sessions as U.S. Attorney General. For those of you who have spent the past 6 months living in a cave, you are probably not aware of the fantastic gains that have been made in cannabis stocks. At clivemaund.com we had already figured out that the sector was set for huge gains ahead of the November 8th legalization vote as far back as April, and subscribers were directed to various stocks which went on to make spectacular gains. If you want to review what we achieved click here for a free download. The cannabis sector has done pretty much as expected in recent weeks. After the huge gains into the multi-state vote on legalization on November 8th, this heavily overbought sector has started reacting back and may be … Continue reading

Gold to Explode After Second Rate Hike

Daniel Ameduri, founder of the Wealth Research Group, traces the correlation between Fed rate hikes and the trajectory of the gold markets, predicting a long-term bullish period for the precious metal. Since launching Wealth Research Group at the beginning of 2016, I have dedicated a considerable amount of time understanding precious metals, and their relationship to other factors and assets. From 1971, when gold began trading freely, there have been times of massive inflation, credit crises, deflationary periods, high interest rates and low ones, peace times and excessive wars, currency devaluations and even negative interest rates. The economy went through so many situations and conditions the past 45 years that it’s easy to see why people have stopped doing research themselves blindly listen to mainstream media talking heads. The narrative that investors are being fed with right now is that gold doesn’t produce yield, so rising interest rates would absolutely … Continue reading

Drilling Advances Pershing Gold’s Relief Canyon

Pershing Gold’s advancements in the Relief Canyon project in Nevada over the last month have caught the attention of several analysts. Pershing Gold Corp. (PGLC:NASDAQ; PGCL:TSX) announced results of phase 1 of its 2016 drill program at Relief Canyon in Nevada on Nov. 9. “Phase 1 of our 2016 Drilling Program continues to successfully extend the in-pit mineralization at Relief Canyon,” stated Stephen D. Alfers, Pershing Gold’s chairman, president and CEO, in the news release. “Offsets further extend to the west the high-grade zone discovered in the North Target Area in 2015.” Alfers also announced that the company had begun drilling phase 2 of the program. “Phase 2 will test targets to the south and east of the pits and has the potential for satellite discoveries that could be a source of future production at Relief Canyon’s existing state-of-the-art processing facilities,” he stated. Bhakti Pavani of Euro Pacific Capital noted … Continue reading

Major Royalty Companies All Good Buys Now

Adrian Day reviews recent results at some of his favorite gold and silver royalty and streaming companies and asserts that they represent, as a group, the lowest risk way to gain exposure to the sector. Silver Wheaton Corp. (SLW:NYSE; SLW:TSX US$18.69) is a streaming company with approximately 55% of its revenues from silver, 45% from gold. The stock has been extremely weak since it reported good quarterly results. Depreciation hurt the bottom line, but quarterly “production” rose 17%, up over 50% from a year ago. Most mines on which it holds streams performed well. “Silver Wheaton Corp. is my favorite way to gain exposure to silver.“ The problem is looking ahead. Production is essentially flat through 2020 after years of steady growth, though there is optionality on several nonproducing projects. The balance sheet, while reasonable, is a bit of a constraint on a major acquisition, with just $126 million in … Continue reading

What Doug Casey DID NOT TELL INVESTORS In His Recent Interview

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December 3, 2016 By Dudley Pierce Baker CommonStockWarrants.com   I love to follow and listen to the legendary newsletter writers and analyst and am amazed that they tell investors some of the facts, but rarely all of the facts which investors need to know to make the best decisions. Doug Casey was recently interviewed by Peter Spina of GoldSeek.com and SilverSeek.com and the complete interview below is around 20 minutes. What caught my attention immediately was comments on two of the companies that Doug commented on favorably. These two Canadian gold companies have long-term warrants trading. Why the hell would you not bring this to the attention of investors? Good chance that he doesn’t know either. As a subscriber to my CommonStockWarrants.com you would have immediately asked the same question. If you didn’t already own the stock warrants in either of these companies you could have at least considered them … Continue reading

Jack Chan: This Past Week in Gold

Technical analyst Jack Chan charts the latest moves in the gold and silver markets. Our proprietary cycle indicator has turned up this week. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. The gold sector is on a short-term buy signal. Short-term signals can last for days and weeks, and are more suitable for traders. Speculation has now dropped below the level of the previous bottom. The trend is down. Silver is on a long-term buy signal. SLV is on a short-term sell signal, and short-term signals can last for days to weeks, more suitable for traders. Summary The gold sector is on a major buy signal. The cycle is now up but the trend remains down. A counter-trend bounce is in progress. Caution is advised. Jack Chan is the editor of … Continue reading

Jack Chan: This Past Week in Energy

Technical analyst Jack Chan charts a major buy signal in the energy market. $OSX is on a major buy signal, which can last for months and years. COT data is supportive for overall higher oil prices. A bottoming pattern is now confirmed. SummaryThe energy sector is on a major buy signal. Major break-outs this week have confirmed a major bottom in the energy ETFs. We are invested in this sector and holding for long-term gains. Jack Chan is the editor of simply profits at www.simplyprofits.org, established in 2006. Chan bought his first mining stock, Hoko Exploration, in 1979, and has been active in the markets for the past 37 years. Technical analysis has helped him filter out the noise and focus on the when, and leave the why to the fundamental analysts. His proprietary trading models have enabled him to identify the NASDAQ top in 2000, the new gold bull … Continue reading

Site Visit Showcases Progress and Potential at Asanko Gold Mine

Analysts following Asanko Gold came away from a recent site visit with positive expectations for the company’s Asanko Gold Mine in Ghana. Asanko Gold Inc. (AKG:NYSE.MKT; AKG:TSX) hosted the site visit on Nov. 18, and also provided analysts and shareholders with an update on its Phase 2 definitive feasibility study and the outlook for 2017. The company’s technical presentation can be viewed on its website. In a Nov. 21 research report, analyst Jeff Killeen of CIBC wrote, “We were impressed by the regional exploration potential beyond current outlined targets based on artisanal workings.” Killeen also noted that CIBC believes “AKG has done a good job reaching commercial production and LOM (life-of-mine) reserve grades within the first year of initiating Phase 1. We also see year-over-year growth as another positive sign that AKG is meeting development expectations at Phase 1.” Nana Sangmuah, writing in a Nov. 24 research report for Clarus … Continue reading

Trump Makes the U.S. Stock Market Great Again

Technical analyst Clive Maund analyzes the charts since Trump’s election and sees a positive picture for the U.S. stock market. The broad U.S. stock market actually looks better overall than it has done for several years, which may come as a surprise considering it has been in a bull market since as far back as early 2009. On the 10-year chart for the S&P 500 Index we can see that a potential top area developed from early 2015 through the middle of this year, which has now been aborted by recent gains that have seen it break clear above resistance at earlier highs. This index remains within the big parallel channel that started to form back in 2010–2011 and appears to have its sights set on a run to the upper boundary of the channel again, which will result in BIG gains from the current level. While we can speculate … Continue reading