March 22, 2017 Cecilia Jamasmie In late 2015, Silver Wheaton acquired a portion of future silver output from Glencore’s (LON:GLEN) Antamina copper mine in Peru for $900 million cash. (Image courtesy of Antamina) Canada’s Silver Wheaton (TSX, NYSE:SLW) plans changing its name to Wheaton Precious Metals Corp as half its revenue now comes from gold, the firm said Tuesday while delivering its fourth quarter results. The company’s bullion production has steadily increased since 2013, to the point that its revenue was evenly split between silver and gold in the second half of 2016.The Vancouver-based precious metals streaming company said its bullion production has steadily increased since 2013, to the point that its revenue was evenly split between silver and gold in the second half last year. Streaming, something that Silver Wheaton pioneered in 2014, means that a firm typically provides a chunk of cash upfront to mining companies to secure a … Continue reading →
A Corporate Debt Crisis Is Underway… And Nobody Cares By Justin Spittler Investors no longer give a damn. That might sound harsh, but when things are this backwards, you have to tell it like it is. You see, I read something recently that disturbed me. I had to pinch myself to make sure I wasn’t dreaming. It was an article I recently stumbled upon in Bloomberg. In it, the author explained how U.S. companies are issuing debt at breakneck speed. You see, U.S. companies have already issued more than $360 billion worth of investment-grade bonds just this year. Corporate America is now on pace to issue the most investment-grade debt in the first quarter since 1999. I don’t have to remind you how that ended… But here’s the really crazy part… Investors are lining up around the block to buy these bonds. If you read yesterday’s Dispatch, you know where … Continue reading →
Posted on 19 February, 2017 by Orlando Gotay Since I have been closely following the unfolding—and somewhat constantly shifting tax policy of the Trump administration and the 115th Congress, I get asked often what will happen, if anything, to FATCA, the Foreign Account Tax Compliance Act. Recall FATCA has turned virtually every foreign country and bank into an agent of the IRS, reporting back to the US Treasury on the holdings of US “persons”. Along with a bunch of additional requirements, like the odious Foreign Bank Account Report, it presents a truly formidable fiscal challenge even for the ‘normal’ expat. Most countries folded and signed agreements with the US where they agree to share financial information of US persons, under clear threat of punishing withholding taxes of US sourced payments to people in those countries. Even Vatican City signed up. Some countries have taken their time, and there has been … Continue reading →
Canada’s Cameco Corp, the world’s second-biggest uranium producer, is exploring the sale of its U.S. production facilities, its chief executive said on Monday, as a six-year slump in the industry drags on. Cameco, which has been cutting costs and curbing production, is in the early stages of evaluating the sale of its mines in Wyoming and Nebraska, but also wants clarity on U.S. President Donald Trump’s plans for nuclear power, Chief Executive Tim Gitzel said in a telephone interview.
“We are in the process of looking at divesting those assets. We’re not very far into it, so I can’t say too much, but it’s something we’re looking at,” he said from the city of Saskatoon in Saskatchewan province, where Cameco is based.
March 6, 2017 Editor Note from Dudley Pierce Baker http://CommonStockWarrants.com Today we learned of the passing of Larry Edelson at the young age of 61. While I never met Larry, he was a colleague of ours in the business and was an incredible talent of great knowledge. I was a subscriber of Larry’s and always looked forward to seeing his next comments on the big picture in the world’s markets and so much more. I am also particularly proud to say that Larry was a subscriber to my services for many years. Our sympathies and respect go out to Larry’s family, Martin Weiss and the entire Weiss Research organization. A life cut short and which we will greatly miss. Larry Edelson, a great man and dear friend of many years, has just passed away. All of us, including his wonderful family, my wife and I, plus his many devoted colleagues … Continue reading →
March 2, 2017
Editors Note from Dudley Pierce Baker
American Manganese is interesting company which we own and should be of interest to investors. http://JuniorMiningNews.com
WHERE WILL ALL THE ELECTRIC CARS GO WHEN THEY END THEIR SERVICE LIFE?
“… Of all the hurdles that electric cars have had to overcome, one of the most annoying, and persistent, has been what to do with the batteries when the vehicles reach the end of their service life. he shell of an electric vehicle (EV) is much the same as that of any gas-powered automobile: a mix of metal, plastics and some fabric. Comprehensive recycling programs exist to deal with most of those components. But the batteries pose a different, and heretofore perplexing problem.
Enter American Manganese Inc. (AMI), who say they have the answer to the world’s emerging EV market disposal problems….”
March 1, 2017
Editors Note from Dudley Pierce Baker
We have know Jim McDonald for several years and are investor in KTN and KTN.WT. This interview with Katusa Research gives a great insight as to their possible growth and expansion of silver resources. For other exciting opportunities visit my website, http://CommonStockWarrants.com
Three new plants in California show how lithium-ion storage is ready to power the grid. by Tom Randall January 30, 2017, 5:45 AM CST Tesla Motors Inc. is making a huge bet that millions of small batteries can be strung together to help kick fossil fuels off the grid. The idea is a powerful one—one that’s been used to help justify the company’s $5 billion factory near Reno, Nev.—but batteries have so far only appeared in a handful of true, grid-scale pilot projects. That changes this week. Three massive battery storage plants—built by Tesla, AES Corp., and Altagas Ltd.—are all officially going live in southern California at about the same time. Any one of these projects would have been the largest battery storage facility ever built. Combined, they amount to 15 percent of the battery storage installed planet-wide last year. Ribbons will be cut and executives will take their bows. But this is a revolution that’s just getting started, Tesla … Continue reading →
Ellis Martin visits with analyst and newsletter writer/analyst Dudley Baker of http://www.commonstockwarrants.com to discuss buying low in a downturn and reaping the potential benefits as a bull market in metals seemingly returns. Listen to hear about successes and multiple ROI’s to possibly be gained in the coming market.
February 10, 2017 Frik Els One of Vale’s giant iron carrier docks at Brazilian company’s transhipment facility in Malaysia The Northern China import price of 62% Fe content ore jumped 4.6% on Friday, reaching $87 per dry metric tonne level after data showed imports by China, top consumer of the steelmaking raw material, continued to strengthen in 2017 after hitting an all-time high last year. It was the highest level since August 2014 and the iron ore price has more than doubled in value over the past year following near-decade lows of $37 a tonne in December last year according to data supplied by The Steel Index. Trade figures released overnight showed China imported 92 million tonnes of iron ore in January, up 12% or just less than 10 million tonnes compared to a year ago. Shipments for January were the second highest on record valued around $7 billion. The all-time record … Continue reading →