Exclusive KE Report Commentary – Thu 3 Aug, 2017

By Cory The Trump Bump and Optimism – How Long Can They Last? Andrew Agemy, President of Agemy Financial Strategies joins me to day to discuss the “Trump bump” that the markets experienced since the election as well as the continued optimism in the markets. Even with nothing happening on the political front in terms of Trump getting anything done the markets are still continuing to climb higher. Optimism is also off of its peak for the year but investors remain net optimistic. Andrew makes the argument that even if Trump can get something accomplished, like tax reform, he says it is already priced in. Download audio file (2017_08_03-Andrew-Agemy.mp3) …read more Source:: The Korelin Economics Report The post Exclusive KE Report Commentary – Thu 3 Aug, 2017 appeared first on Junior Mining Analyst. … Continue reading

Company News – Thu 3 Aug, 2017

By Cory Novo to Consolidate Interests in Core Tenements Within New Gold Discovery in Karratha Region, Western Australia Novo has been the standout exploration stock over the past month thanks to its recent acquisition of the Purdy’s Reward project in the Karratha region of Western Australia. The news today (below) outlines the consolidation of additional tenements in the region. This region could become the next major discovery for the industry but there is still a lot of work to do. The market is clearly paying attention and Novo is clearly the main exploration Company in this region. Click here to visit the Novo website for more information. Also I am a shareholder of Novo and will be chatting with Quinton next week at some time. If you have any questions please email me so we can address them in our next call. … VANCOUVER, British Columbia, Aug. 03, 2017 (GLOBE … Continue reading

Richard Postma – The Doctor Is In – Thu 3 Aug, 2017

By Cory Doc is back!! Commenting on Gold, USD, and the Dow:Gold radio Gold news everyone Doc has found some internet and took some time out of his day to recap his thoughts on gold, the US Dollar, and the Dow to Gold ratio (see chart below). Download audio file (2017_08_03-Doc.mp3) …read more Source:: The Korelin Economics Report The post Richard Postma – The Doctor Is In – Thu 3 Aug, 2017 appeared first on Junior Mining Analyst. … Continue reading

Surprise! Gold Prices Have Beaten the Market So Far this Century

click to enlarge Also contributing to gold’s price appreciation was lackluster economic data that, I believe, lowers the likelihood of another interest rate hike in 2017. The yellow metal is now trading above its 50-day and 200-day moving averages, ordinarily seen as a bullish sign. More impressively, the price of gold has outperformed the S&P 500 Index so far this century, returning 86 percent more than the market if we index both asset classes at 100 on December 31, 1999. Over the past 17 years, the S&P 500 has undergone two major contractions, both of them resulting in a loss of around 40 percent. Gold, meanwhile, has held its value well, boosting its appeal as a portfolio diversifier. click to enlarge Our two gold funds have similarly outperformed the market so far this century, as you can see above. The Spot gold finished July up more than 2 percent, its … Continue reading

Did Trump Just “Top Tick” the Stock Market?

By Greg Guenthner This post Did Trump Just “Top Tick” the Stock Market? appeared first on Daily Reckoning. Say what you will about the president, but he certainly knows how to ruffle feathers on Twitter. The Dow Jones Industrial Average crossed 22,000 for the first time ever this week. I’m not sure if they handed out “Dow 22K” hats on Wall Street for this mediocre milestone, but the moment was not lost on the commander-in-chief. Trump’s first order of business was to hit the internet to boast about the market’s impressive rally, reminding everyone that stocks have continued to climb to new highs since he was elected president… Less than a year ago, these little Dow milestones were celebrated within the confines of the financial press and market participants (some taking them more seriously than others). Not this year. The bull market is going mainstream. The financial media had a … Continue reading

Trump’s Plan to Oust Big Government From Our Roads and Bridges

By Andy Snyder Editor’s Note: A version of this piece originally ran in Andy Snyder’s lifestyle newsletter, Manward Digest. If you haven’t already, click here to subscribe – it’s free. What’s the role of the government? Should it merely defend us… or feed us, too? It’s a question we’ve been pondering with our Manward Digest readers of late. Earlier today, in fact, I sent them the same words that follow. Because, once again, the president is forced to defend himself for wanting to drain the swamp… to cut the size of bureaucracy that craves to rule us. You see, we just learned a nonprofit group named Food & Water Watch is suing him over his “secret” infrastructure council. The lawsuit claims a panel of recent Trump appointees has been meeting behind closed doors to discuss how to best rebuild America’s roads, bridges and ports. Oh boy… here we go. A … Continue reading

SEC lays charges against Bobby G in Liberty Silver (CSE: LSL) (OTC: LBSV) Pump and Dump

By analyst Today the SEC laid fraud and other charges against Robert Genovese, a Canadian citizen, his company, B.G. Capital Group, Ltd. and Abraham “Avi” Mirman, the former head of investment banking at now-defunct New York broker-dealer John Thomas Financial, Inc…. …read more Source:: PRNewswire-Mining and Metals The post SEC lays charges against Bobby G in Liberty Silver (CSE: LSL) (OTC: LBSV) Pump and Dump appeared first on Junior Mining Analyst. … Continue reading

Dow 22,000 Is Just The Beginning — One Chart Proves It

By Davis Ruzicka This post Dow 22,000 Is Just The Beginning — One Chart Proves It appeared first on Daily Reckoning. Yesterday the Dow reached 22,000 for the first time ever. Another all-time high in the books. Which has led investors to panic about what seems like a long overdue correction. But I’m here to tell you that these pessimists are wrong. The U.S. stock market can still run much higher. And I have the chart to prove it… You see, up until recently, the stock market and the US dollar were both rallying. That’s not normal. A strong dollar is a headwind for both stocks AND the U.S. economy. So it was only a matter of time before something broke down. And the verdict is in. The dollar is officially falling apart. And the way I see it, the continued pressure on the greenback is going to propel the … Continue reading

Cantor Analyst: ‘This Is the Best Uranium PEA We Have Ever Seen’

Source: Streetwise Reports 08/03/2017 Analysts following a Canadian company that recently released a preliminary economic assessment of its uranium prospects in the Athabasca Basin are all aglow with the results. NexGen Energy Ltd. (NXE:TSX; NXE:NYSE.MKT) announced its maiden preliminary economic assessment (PEA) of the “basement-hosted” Arrow Deposit on July 31. In its press release, the company outlined the following highlights: · After-Tax Net Present Value (NPV8%) = CAD $3.49 Billion · After-Tax Internal Rate of Return (IRR) = 56.7% · Average Annual Production (Years 1-5) = 27.6 M lbs U3O8 · Average Annual Production (Life of Mine) = 18.5 M lbs U3O8 Based on a uranium price of $50/lb, the company anticipates Saskatchewan royalties over the life of the mine of CA$2.98 billion. The PEA “is based on the mineral resource estimate announced by the Company in March 2017. . .that comprised an Indicated Mineral Resource of 179.5 M lb … Continue reading