The Next Tech Crash Could Delay Your Retirement by a Decade

By GoldSilverWorlds Provided by Hard Assets Alliance John Grandits | August 14, 2017 The S&P 500 Information Technology Index recently surpassed its previous peak of 988.49 set in March 2000. It took a whopping 17 years to recoup the massive losses from the implosion of the dot-com bubble. Not even the Federal Reserve chairman at the time, Alan Greenspan, could rein in the enthusiasm of the tech disciples with his oft-quoted 1998 “Irrational Exuberance” speech about market valuation. Valuations stretched to epic proportions as companies with little revenue and no chance to make a profit rushed to join the IPO party. Even profitable, higher-quality names fell victim to the Ponzi scheme as growth expectations became unreasonable. In December 1999, well-known PaineWebber (now UBS) analyst Walter Piecyk assigned a $1,000 price target to Qualcomm based on the growth of wireless technology—after the company had already risen from $25 per share to … Continue reading

Company News – Tue 15 Aug, 2017

By Cory Glen Eagle Resources Inc.: NI 43-101 Technical Report Commences at La Cobra Here is the latest news from another sponsor on the site Glen Eagle Resources. This Company has a lot going for it in terms of small scale commercial production that continues to ramp up and this new mining concession La Cobra. The exploration potential of the La Cobra project is what has me very interested. The plans are to drill the dump site – where past miners have left material that were not high enough grade at the time – but this is a process. I will be having the President Jean Lebrecque on the show tomorrow to discuss the future Company plans and update us on the current production. Click here to listen to our most recent interview from last month. …Here’s the news… MONTREAL, QUEBEC–(Marketwired – Aug. 15, 2017) – Glen Eagle Resources Inc. … Continue reading

Exclusive Insights on the Gold Market – Tue 15 Aug, 2017

By Cory Historical low volume for metal stocks Metals stocks for the most part are stuck in a low volume limited movement scenario. David Erfle, Editor of the Junior Miner Junky, shares his insights on how to the sector is setting up. He brings up the point that on a percentage basis volume on GDX and GDXJ is at historic low levels. Be sure to click here and check out David’s website for more specific stock commentary. If you have any questions or want David to look at any certain stocks please email me directly (Fleck[at]kereport.com) or comment below. Download audio file (2017_08_15-David-Erfle.mp3) …read more Source:: The Korelin Economics Report The post Exclusive Insights on the Gold Market – Tue 15 Aug, 2017 appeared first on Junior Mining Analyst. … Continue reading

Bet on the Jockey, not the Horse

Source: Bob Moriarty for Streetwise Reports 08/15/2017 Bob Moriarty of 321 Gold explains why in some cases—and particularly in the case of this explorer—you don’t need to know all the details, you just need to know the geologist. I first wrote about Aurania Resources Ltd. (ARU:TSX.V) back in March. The shares were $1.25 then and are $2.36 now. Keith the Barron did a private placement four months ago. The shares come free trading in a week. It may be the last chance to jump on this wagon. Over the past sixteen years I have visited a lot of projects. And I’ve met a thousand or more geologists. Everyone has their own idea of whom the best are at anything but after having met most of the players in the industry, I’m convinced I know who are in the top five. In no particular order you would have Peter Megaw, who … Continue reading

Sales at Myanmar’s jade expo lower than last year

By analyst By Valentina Ruiz Leotaud The overall numbers are big: 6,561 pieces of jade exhibited 5,092 sold 326 gems, among them rubies and sapphires, showcased 105 gems sold $612.4 million in total sales Nearly 2,000 local entrepreneurs and 200 foreign business people in attendance However, results from the 2017 Jade and Gems Emporium are 3 per cent lower than last year’s in terms of the amount of cash the event made, says Deal Street Asia. The 54th edition of the expo, which is organized by Myanmar’s Ministry of Natural Resources and Environmental Conservation and the Jade and Gems Emporium Central Committee, was held from August 2-11 in Nay Pyi Taw. Besides rough jade and gems, the trade show included cut and polished gemstones, jewelry, jade carvings and gemstone pictures that were sold in euros through an open tender system. Myanmar -or Burma- has a +$31 billion jade industry, which … Continue reading

Artisanal miners’ protests heat up in Colombia

By analyst By Valentina Ruiz Leotaud Two trucks carrying wood were set on fire Monday in the midst of protests taking place around the Colombian towns of Segovia and Remedios, located in the northern Antioquia department. For the past 25 days, some 10,000 artisanal and ancestral miners operating in the area have been on strike and rallying against expansion plans by Zandor Capital, a subsidiary of Canadian-based Gran Colombia Gold, and also in opposition to Bill 169 which, they say, would eradicate artisanal mining. Even though protesters didn’t take responsibility for torching the trucks and, according to Noticias Caracol, the people accused of doing it were able to escape, the incident took place in an area adjacent to where the demonstrations are happening. In response to the recent developments in Segovia and Remedios, Mining Vice Minister Carlos Andrés Cante asked the small-scale miners to negotiate their position. “We have been … Continue reading

After 100 Months of Buying The Dips — Peak Crazy

By David Stockman This post After 100 Months of Buying The Dips — Peak Crazy appeared first on Daily Reckoning. Just call it Peak Crazy and move on. There is absolutely no reason for the stock markets to be at current levels, let alone melting-up day after day. The fact that this is happening is a measure of how impaired capital markets have become as a result of massive central bank intrusion. The robo-machines and day traders keep buying the dips because that has “worked” for the last 100 months. There is nothing more to it than residual momentum. Under a regime of honest money and price discovery, the stock market discounts the future. There is no plausible future from here that’s worth 24 times S&P 500 value or 96 times the Russell 2000. Surely the year-ahead earnings boom that Wall Street’s artists have penciled in is not in the … Continue reading

Is this the Start of a Hot New Metals Bull Market?

Major U.S. indices slid for a second straight week as President Donald Trump and North Korea both escalated their saber-rattling, with Kim Jong-un explicitly targeting Guam, home to a number of American military bases, and Trump tweeting Friday that “Military solutions are now fully in place, locked and loaded.” The S&P 500 Index fell 1.5 percent on Thursday, its largest one-day decline since May. Military stocks, however, were up, led by Raytheon, Lockheed Martin and Northrop Grumman. As expected, the Fear Trade boosted gold on safe haven demand. The yellow metal finished the week just under $1,300, a level we haven’t seen since November 2016. Last week, Ray Dalio, founder of Bridgewater Associates, the largest hedge fund in the world, said it was time for investors to put between 5 and 10 percent of their portfolio in gold as a precaution against global and domestic geopolitical risks. The threat of … Continue reading

Exclusive KE Report Commentary – Mon 14 Aug, 2017

By Cory A Special Discount to the New Orleans Investment Conference The New Orleans Investment Conference is consistently one of my favorite resource focused investment shows every year. This year it is held from October 25th through 28th. Follow the link below to find out more on the speakers and exhibitors and use the second link to claim your special discount. Download audio file (2017_08_14-Brien-Lundin.mp3) Click here for the general conference website. Click here for your special discount. …read more Source:: The Korelin Economics Report The post Exclusive KE Report Commentary – Mon 14 Aug, 2017 appeared first on Junior Mining Analyst. … Continue reading