Gold Price Discovery of Post-QE Infinity: Gold Miners Will Become the Next Proxy for Gold Price
March 25, 2020
Interview with Peter Spina
http://GoldSeek.com
http://SilverSeek.com
“It’s a very unique time and period in history but it’s good to take …
Gold Miners Will Become the Next Proxy for Gold Price Read More »
DANIELA CAMBONE MAR 19, 2020 We are potentially entering an “Ice-9” situation where the entire world may “freeze” over economically, said Jim Rickards, best-selling author of “The Road to Ruin” and “Aftermath: Seven Secrets of Wealth Preservation in the Coming Chaos.” Rickards is using a metaphor, alluding to a Kurt Vonnegut book, “Cat’s Cradle.” In the book, a vial of “Ice-9”, a liquid that has a freezing point of room temperature, leaks into the streams and rivers and turns all water into ice, effectively covering the planet in an ice age and wipes out all life. Something similar may be underway, financially, when markets halt trading activity, he said. “If you shut down the New York stock exchange, and I can’t sell stocks and get cash, I’m going to sell my money market funds or redeem my money market funds. Then you’ve got to shut down the money market funds industry, and then people say ‘ok, I’ll go to the banks or the ATMs,’” he said. “And then you’ve got to shut down the banks so the point is, it spreads from exchange to money markets, to brokerage accounts, to banks, and you end up shutting down the entire system.” At the end of an Ice-9 scenario, the entire global financial system shuts down, and any Federal Reserve intervention may no longer be effective. Rickards noted that contrary to conventional economic thinking, now is not a bad time to own gold. “People say that gold does well in inflation, and … Continue reading →
How the Global Financial System Could Shut Down, According To Jim Rickards Read More »
by Kerry Lutz Financial Survival Network Dear Readers, As usual, the American Taxpayer is getting the short end of the bail-out stick. Since we’re already running trillion-plus deficits, the taxpayer won’t be directly picking up the tab for the latest round of corporate welfare transfer payments. Rather currency holders, savers, bond holders and society will at the cost of seeing their assets debased by inflation. And for what? Flashback to 2008, when the nation’s banks and investment houses were caught flat-footed by the mortgage meltdown, a crisis of their own making. They were given trillions in cash with virtually no strings attached. Large portions of the bailout went towards these unworthy titans to finance bonuses. The very same scam is happening yet again. This time the Congress intends buy middle class votes and acquiescence to this fraud by doling out $1200 or more per person. They’ve learned their lessons from the universal outrage at the 2008 financial crisis and resulting bailout. Wall Street got its rescue package and the middle class was left to twist in the breeze. Worst of all, none of the banksters ever had to account for their malfeasance. They kept their jobs and their escalating bonuses and the public be damned. Unfortunately for Congress, this pittance or crumbs as Nancy Pelosi would call it, is not nearly enough. We estimate that they will wind up giving at least $3500 each in an effort to buy us off. Boeing, among many other companies and industries, is … Continue reading →
Stop the Bailout Rip-Off – Kerry Lutz Read More »
Hello Fellow ChartWatchers
“I’m not going to buy toilet paper, I’m going to buy stocks.”
– Larry Williams – To me, one of the things that makes markets so fascinating is the diversity of perspectives and variety of outlooks that…
Bullish At A Time Of Extreme Panic – Larry Williams Read More »
March 17, 2020 By Dr. Ron Paul Governments love crises because when the people are fearful they are more willing to give up freedoms for promises that the government will take care of them. After 9/11, for example, Americans accepted the near-total destruction of their civil liberties in the PATRIOT Act’s hollow promises of security. It is ironic to see the same Democrats who tried to impeach President Trump last month for abuse of power demanding that the Administration grab more power and authority in the name of fighting a virus that thus far has killed less than 100 Americans. Declaring a pandemic emergency on Friday, President Trump now claims the power to quarantine individuals suspected of being infected by the virus and, as Politico writes, “stop and seize any plane, train or automobile to stymie the spread of contagious disease.” He can even call out the military to cordon off a US city or state. State and local authoritarians love panic as well. The mayor of Champaign, Illinois, signed an executive order declaring the power to ban the sale of guns and alcohol and cut off gas, water, or electricity to any citizen. The governor of Ohio just essentially closed his entire state. The chief fearmonger of the Trump Administration is without a doubt Anthony Fauci, head of the National Institute of Allergy and Infectious Diseases at the National Institutes of Health. Fauci is all over the media, serving up outright falsehoods to stir … Continue reading →
The Coronavirus Hoax Read More »
By Dudley Pierce Baker
Founder – Editor
http://CommonStockWarrants.com
http://JuniorMiningNews.com
The last week to 10 days has been devasting for many investors and particularly those of us in the precious metals sector. Many would have believed …
Dudley Comments On The Market Collapse Read More »
Source: Streetwise Reports 03/07/2020 New drill results from Marathon Gold are reviewed in a Haywood report. In a March 2 research note, Haywood analyst Mick Carew reported that recent drilling at Marathon Gold Corp.’s (MOZ:TSX; MGDPF:OTCMKTS) Valentine gold project “continues to demonstrate the potential for another gold mineralized zone away from the four deposits that comprise the current resource.” Carew explained that the new results are from the first eight holes of Marathon’s 2020 exploration program at the Central Newfoundland project. The holes specifically targeted quartz-tourmaline-pyrite-gold veining over a 200 meter (200m) long strike length, where they demonstrated the emergence of a potential new ‘Main zone’ sequence in mineralization in a new area the company has recently named the Berry zone,” he wrote. The first eight holes were part of an overall 32,000m program of drilling in the 6 kilometer long Sprite corridor, situated between the Marathon and Leprechaun deposits. Carew provided some highlight assays. Hole VL-20-799 is notable for its width of 55m, he noted, given most of the other widths were between 2m and 6m. This hole intersected 55m of 2.24 grams per ton (2.24 g/t) gold from a downhole depth of 113m, including 3m at 15.17 g/t gold, 3m at 10.96 g/t gold and 1m at 9.25 g/t gold. Hole VL-20-801 intersected 8m at 3.92 g/t gold from a 146m downhole depth, including 2m at 9.63 g/t gold. “The recent results are encouraging,” commented Carew. However, more drilling is needed, he indicated, to assess the continuity of … Continue reading →
Newfoundland Gold Project Zone ‘Showcases District Scale Potential’ Read More »
Source: Streetwise Reports 03/01/2020 Matador Resources’ Q4/19 performance and its 2020 guidance are reviewed in a Raymond James report. In a Feb. 25 research note, Raymond James analyst John Freeman reported that Matador Resources Co. (MTDR:NYSE) ended 2019 with a beat on both volumes and EBITDA in Q4. Freeman relayed that the Dallas-based company’s quarterly volumes exceeded the Street’s expectation by 7%, driven by shorter-than-expected shut-in times, improved well performance and accelerated turned in lines (TILs). Whereas the early TILs increased capex, 2% above consensus’ forecast, the outperformance in volumes more than made up for it. EBITDA in Q4/19 surpassed the Street’s forecast as well, by 12%. Freeman reviewed expectations for Matador in 2020. The energy company intends to maintain, through the year, the six rigs it has working now in the Delaware Basin. It intends to complete 69 gross, or 58 net, operated wells and participate in a significant number of non-operated wells. Matador’s guidance for 2020 production is 75,500 barrels of oil equivalent per day, higher than that of 2019 and 3% higher than the Street’s projection. Exit rate guidance is “massive,” 87,000 barrels of oil equivalent per day, 9% above consensus’ forecast, the analyst noted. These achievements should more than offset expected capex during the year of $815 million, which is 2% higher than consensus’ projection. “The extremely strong Q4/20 run rate (oil volumes up 22% over Q4/19) should set Matador up with strong momentum into 2021,” commented Freeman. As for the spending gap, Freeman indicated that … Continue reading →
Texas Energy Company’s 2020 Exit Rate ‘Surprises to the Upside’ Read More »
Source: Maurice Jackson for Streetwise Reports 03/01/2020 Proven and Probable’s Maurice Jackson and Sprott USA financial advisor Tekoa Da Silva discuss the common mistakes investors make in securing private placements. Maurice Jackson: This is one interview in a special four-part series entitled All About Private Placements. Joining us for conversation is Tekoa Da Silva. He is an accomplished licensed financial advisor for Sprott USA, the preeminent name in the natural resource base. Full disclosure, the following is not a Sprott USA-endorsed product, and it is for educational purposes only. Tekoa, what are the most common mistakes you see when people buy private placements? Tekoa Da Silva: Boy, what a wonderful question. The first one that comes to mind is buying a private placement when an individual’s legally, technically, not qualified to be able to do so. What comes to mind is a young man that I spoke with once who was looking for someone to assist him with depositing his private placement securities. There is contract that you have to complete in order to buy the private placement. We discussed his net worth and I found that he was not an accredited investor. And I asked him how he was able to buy those securities not being an accredited investor, because the issuers, at least from a North American context—these natural resource mining share companies—in most instances [have] to verify in the subscription agreement there. The issuing company asks you to check off all the boxes indicating that you’re an … Continue reading →
All About Private Placements: Check Off the Boxes to Protect Your Investment Read More »
Source: Bob Moriarty for Streetwise Reports 03/01/2020 Bob Moriarty of 321gold discusses a company he sees as a safe haven amid economic chaos. Last week provided a glimpse into the future of the stock market. Only a glimpse. It is going to get a whole lot worse. On January 1, I said in an article I titled Beware the Stock Market, “As the Everything Bubble pops, the financial system will destroy most investors because they are unprepared.” Lest my readers misconstrue what I meant, I followed that up with another article on January 27 where I repeated, “Now would be a great time to be prepared for a disaster bigger than any in history.” The two biggest measures of metals stocks would be the XAU and HUI. Both peaked on the 24th of February and began to tumble. I wrote another piece a couple of days later and said, “The Greatest Depression is going to have negative effects on everyone. No one will escape entirely no matter how well prepared you are.” When the metals shares fell out of bed I got fifty emails essentially asking why I hadn’t warned my readers. Sigh!! One of the smartest people I follow thinks the stock market is going to drop by 50%. I like David Collum a lot but this time he’s dead wrong. Another very bright financial investor named John Hussman believes not only that the Fed is powerless, he says the stock market is going to collapse by 67%. Both … Continue reading →
Calibre Has Some Safety in the Storm Read More »
