Daily Market Wrap – Wed 6 Sep, 2017

By Cory Rick Ackerman – What’s ahead for copper, gold, and US markets We wrap up the markets today with Rick Ackerman. He shares his outlook for copper, gold and US equity markets. We discuss what copper is usually telling us when heading higher but we do not see that in the global economy. As for gold Rick still wants to see some technical levels he is watching exceeded. Finally the US markets have Rick worried and he shares how he will be positioned for a pullback. Click here to visit Rick’s site. Download audio file (2017_09_06-Rick-Ackerman.mp3) …read more Source:: The Korelin Economics Report The post Daily Market Wrap – Wed 6 Sep, 2017 appeared first on Junior Mining Analyst. … Continue reading

Exclusive KE Report Commentary – Wed 6 Sep, 2017

By Cory Ned Schmidt – An update on the Agricultural industry Ned Schmidt, editor of the Agri-Food Value View newsletter joins me today to share his updates on the agricultural sector. We discuss the main drivers moving animal proteins higher as well as the growth sectors for corn and grains. Finally he presents a new company that will be trading soon that he thinks will draw a lot of attention from money managers. Click here to visit Ned’s Agri-Food Value View website. Download audio file (2017_09_06-Ned-Schmidt-Agri.mp3) …read more Source:: The Korelin Economics Report The post Exclusive KE Report Commentary – Wed 6 Sep, 2017 appeared first on Junior Mining Analyst. … Continue reading

Christopher Columbus and the Falsification of History

By Antonius Aquinas Crazed Decision The Los Angeles City Council’s recent, crazed decision* to replace Christopher Columbus Day with one celebrating “indigenous peoples” can be traced to the falsification of history and denigration of European man which began in earnest in the 1960s throughout the educational establishment (from grade school through the universities), book publishing, and the print and electronic media. Christopher Columbus at the Court of the Catholic Monarchs (a painting by Juan Cordero). Columbus was born in the Republic of Genoa in Italy, but made his exploration voyages (four in all) under the auspices of the Spanish crown. In 1492, just after Ferdinand and Isabella of Spain had reconquered the last Muslim outpost in Spain, they finally agreed to make a deal with Columbus and funded his voyages (the crown later partly reneged on the deal, particularly with respect to the degree of political power Columbus and his … Continue reading

Company News – Tue 5 Sep, 2017

By Cory Aurvista Gold Corporation Increases Douay Project Size to Cover 50km Segment of Casa Berardi Deformation Zone A busy day for the resource sector, and our sponsors continues. Here is the latest news out of Aurvista Gold. The company has been fairly quiet recently but I am expecting some drill results to hit the market shortly. I am a shareholder of Aurvista. What I like is the large scale potential and already large (but low grade) resource, in a very mining friendly jurisdiction. Click here for the Aurvista website. … Aurvista Gold Corporation Increases Douay Project Size to Cover 50km Segment Montreal (Quebec): Aurvista Gold Corporation (“Aurvista” or the “Company”) (TSX-V: AVA, OTC: ARVSF; Frankfurt: AV2) is pleased to report that the Company has increased the Douay Gold Project (the “Project”) size by more than 26 km². The Company’s exploration team has been diligently tracking specific claims and staking … Continue reading

How Russia plans to compete with India in the diamond market

By analyst By Valentina Ruiz Leotaud Russia’s government wants state-owned Alrosa (MCX:ALRS) to offer more favorable terms to local cutters so they are able to compete in a market that’s dominated by Indian manufacturers. In an interview with Bloomberg, Deputy Finance Minister Alexey Moiseev said that the Putin administration would like for Alrosa -which is the world’s top diamond producer by output in carats- to sell about 10 per cent of its gems domestically. Even though Alrosa would keep its market prices, the idea is that it offers Russian cutters the possibility of not buying the whole contracted volume or only choosing certain stones and returning the rest. “Cooperation currently is rather limited and it has to expand,” Moiseev noted. Kristall Production Corp., the country’s largest cutter, and other smaller companies buy stones from Alrosa at similar terms to those set for foreign companies. This has created a difficult situation … Continue reading

Gold price breaks higher as hedge fund bulls outnumber bears most since 2012

By analyst By Frik Els Heavy buying saw the price of gold jump on Tuesday hitting levels last seen a year ago as safe haven buyers seek refuge amid escalating tensions on the Korean peninsula and weakness on equity markets see investors rotate back into gold. Gold for delivery in December, the most active contract on the Comex market in New York gained nearly $20 an ounce hitting a high of $1,349.70 in afternoon trade before settling at $1,344.50. Year to date gold is up 17%. The all time high for trading volumes on the exchange was set on the day after Donald Trump was elected president when nearly 90m ounces swopped owners Volumes were some of the highest recorded for the Comex with futures contracts equivalent to more than 56m ounces or some 1,750 tonnes exchanging hands. That’s more than 85% above average daily volumes during August which was … Continue reading

Richard Postma – The Doctor Is In – Tue 5 Sep, 2017

By Cory US Markets Shaky & Gold Continuing to Move Higher With the US markets down over 1% today Doc and I assess if this move is solely due to the actions of North Korea or if there is more to this selloff. The facts is that safe havens are getting a buy and PM stocks are really getting going today. It’s a good start to the busier trading time. Download audio file (2017_09_05-Doc.mp3) …read more Source:: The Korelin Economics Report The post Richard Postma – The Doctor Is In – Tue 5 Sep, 2017 appeared first on Junior Mining Analyst. … Continue reading

The Forking Paradise – Precious Metals Supply and Demand Report

By Keith Weiner Forking Incentives A month ago, we wrote about the bitcoin fork. We described the fork: Picture a bank, the old-fashioned kind. Call it Acme (sorry, we watched too much Coyote and Road Runner growing up). A group of disgruntled employees leave. They take a copy of the book of accounts. They set up a new bank across the street, Wile E Bank. To win customers, they say if you had an account at Acme Bank, you now have an account at Wile, with the same balance! BCH, son of Bitcoin, born by forking – down quite a bit from its highs, but still up 130% in the past month, and sporting the third-largest market cap in crypto-currency land. [PT] – click to enlarge. This fork came about from a disagreement among the bitcoin miners, those who control the blockchain and hence the currency. The equivalent of the … Continue reading

Long Term Statistics on AAPL

By Evil Speculator Introductory Remarks by PT Below we present a recent article by the Mole discussing a number of technical statistics on the behavior of AAPL over time. Since the company has the largest market cap in the US stock market (~ USD 850 billion – a valuation that exceeds that of entire industries), it is the biggest component of capitalization-weighted big cap indexes and the ETFs based on them. It is also a component of the price-weighted DJIA. It is fair to say that the performance of AAPL is not unimportant for the broad market. AAPL, weekly over the past 5 years. The stock has recently hit new highs. In a way this is quite funny, as it happens just as the company enters maturity; its revenue and earnings growth rates are fated to enter a long term phase of decline from here on out no matter what … Continue reading