Deutsche Bank – The Meltdown Crisis

armstrongeconomics

Posted Sep 29, 2016 by Martin Armstrong Ten of the large hedge funds are withdrawing from Deutsche Bank. What must be understood here is that Deutsche Bank is the main clearing house for trades in Europe. The problem the hedge funds have is where do they move for clearing? Short-term, they can move to New York or London. With over $60 trillion derivative book at the Deutsche Bank, the government is totally incapable of even understanding how to deal with this crisis. We are looking at a major crisis in confidence. Merkel is simply out of her mind to adhere to this insane policy of a bail-in. How can hedge funds stay with clearing at Deutsche Bank when she takes this position that would set off a catastrophic global meltdown. It still appears that Merkel will have to blink. Once people realize this is the real crisis, then the German … Continue reading

RT Minerals Is Cheap and the Empire Just Ended

Bob Moriarty of 321 Gold discusses RT Minerals, a small, inexpensive Canadian explorer that’s flying under the radar. For those who still wonder if the U.S. is a terminal state of decline, all you had to do was spend 90 minutes of your valuable time last Monday watching a fool debate a serial criminal and you would know the answer. I watched the first hour just to see if Hillary was going to collapse or not. Whatever her handlers juiced her up with managed to keep her going for the full 90 minutes standing and that has to be a near record. I can’t help but think watching Hillary with her Cheshire grin that she would look a lot better in prison stripes. And the constant refrain going through my head listening to Trump speak says, “Will you just shut up?” How can one person be so wrapped up in … Continue reading

Trevali Poised to Take Advantage of Tightening Zinc Market

Trevali Mining’s drill program at Santander in Peru continues to add resources to the project, leading to a potential doubling of the mine’s zinc output and further benefiting from a rising zinc price. Trevali Mining Corp. (TV:TSX; TV:BVL; TREVF:OTCQX) recently announced that twelve new drill holes at the Santander zinc mine in Peru expanded high-grade zinc-lead-silver mineralization and discovered new massive sulphide replacement mineralization in the hanging-wall to the Magistral Central deposit. This news caught the attention of several analysts. Alex Terentiew of Raymond James stated in a Sept. 21 report that the drill results “are showing increasingly higher grades at depth, above those in the current mine plan.” He noted that these results support expansion potential: “With results at Santander continuing to be positive in terms of grade, depth, and size, we believe these will be supportive of Trevali’s evaluation to potentially expand the Santander operation from the current … Continue reading

GOLD MARKET FLASH NOTE: Ending With a Bang, Not a Whimper

Rudi Fronk and Jim Anthony, co-founders of Seabridge Gold, discuss how extreme monetary policy does not stimulate growth. As we have predicted for some time, central bankers are doubling down on the madness that has failed to achieve economic lift-off. It is no surprise to us that easy money has not stimulated growth. There was never any reason why it should. It reminds us of trying to force hay into the wrong end of an elephant. Savings and investment should always lead consumption and not the other way around, as the central banks seem to believe. Investment should increase productivity and incomes, causing increased demand, higher inflation and tightening monetary conditions. This is not the way central banks see it. For them, everything goes in reverse. They think that cheaper money means more investment and more consumption which will stimulate investment. The central banks want more inflation because they think … Continue reading

TriStar Gold, Another Wits-Lookalike in Brazil

Bob Moriarty of 321 Gold delves into the origins of gold to try to understand TriStar Gold’s Witwatersrand-type deposit in Brazil. I’ve been writing about Novo Resources Corp. (NVO:TSX.V; NSRPF:OTCQX) and their Witwatersrand lookalike deposit for over five years. Well, Quinton Hennigh is associated with another Wits lookalike, this time in Brazil. It wouldn’t be the first time I wrote about a Wits deposit in Brazil, I was writing about Desert Sun in 2003 when they had a $7 million dollar market cap, well before they were taken over by Yamana for $500 million in 2006. Yamana’s Jacobina deposit is the same age as another similar type deposit in Brazil named Castelos de Sohnos owned by TriStar Gold Inc. (TSG:TSX.V). In both deposits free gold of unusually high purity is found in reefs of quartz cobbles. While the “experts” call these deposits “paleoplacer,” they aren’t placer. All “paleo” means is … Continue reading

Rockstone Research Report on Canadian Zeolite – From Niche to Spotlight

canadianzeolite

From Niche To Spotlight Production and sales ongoing, major growth potential with a green tech industrial mineral in the underdeveloped North American market   The emerging success story by the name of Canadian Zeolite Corp. is not a typical mining story. Zeolite is a GreenTech natural mineral, most people have never heard of (yet). Without expensive drill programs, time consuming feasibility studies and tough project financings, the company became a producer this summer – one that provides significant growth potential. Cashflow from production royalties on all mined zeolite and a percentage of gross sales is providing net revenues for the company. Canadian Zeolite’s market price for zeolite ranges from $200 for bulk product to $450 CAD/t for processed and packaged product. The company is currently operating its quarry on a small portion of its 1,145 hectares Bromley Creek Zeolite Deposit. This specific area has a NI43-101 measured resource and a … Continue reading

Contrarian Royalty Company Positioned for the Next Bull Market

Money manager Adrian Day discusses Altius Minerals, a resource royalty company that he believes has positioned itself well for a rising resource market. Altius Minerals Corp. (ALS:TSX.V 9.70) is a core holding in the resource space, a company that generates and acquires royalties, run by one of the shrewdest people in the business. It has long taken a contrarian stance, acquiring land during bear markets and harvesting in strong ones. Over the last few years, the company has purchased several royalties on various commodities, resulting in a fairly diversified package of royalties with exposure to many commodities. It has also been busy acquiring large land packages around the world, particularly in Chile, Finland and Ireland, as well as in Michigan and across Canada, which it hopes to turn into joint ventures with exploration companies and eventually additional royalties (as it has done so successfully in the past). One last new … Continue reading

Charting the Continuing Gold Market Correction

Technical analyst Jack Chan plots the continuing correction in the gold and silver markets. Our proprietary cycle indicator remains down. 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. 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 continues to pullback. Silver is on a long-term buy signal. SLV is on a short-term buy signal, and short-term signals can last for days to weeks, more suitable for traders. Summary A bull market in gold and silver has been confirmed, but the cycle is down and a multiweek correction is in progress. Caution is advised. 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 … Continue reading

This Past Week in Gold

Technical analyst Jack Chan charts the last week’s movements in gold. GLD: on sell signal. SLV: on buy signal. GDX: on buy signal. XGD.TO – on buy signal. 9-24CEF: on sell signal. USD: on buy signal, which is not friendly to the metals. The Canadian dollar is greatly influenced by commodity prices, especially sensitive to crude oil and metals. Since making a V bottom early this year, the loonie has been sideways consolidating for the past five months. Logically, we should see a bullish resolution. Summary Long term, markets are on major buy signal. Short term, markets have mixed signals. Gold sector cycle is down. Investors should consider accumulating gold stocks/ETFs at the next cycle bottom as a correction is in progress. 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 … Continue reading