By Keith Weiner Claim-Less Delirium Yesterday, the Department of Labor announced that initial jobless claims dropped. Quite a lot. So naturally, markets reacted. The stock market began to rise. The euro rose, at least for a while. Initial weekly unenjoyment claims over the past 20 years. Can you say “contrary indicator”? The most recent palpitations […]
What Made Gold Go Up Last Thursday Read More »
Source: Streetwise Reports 10/24/2017 Anoop Prihar, an analyst with GMP Securities, explained the investment thesis for this metals corporation that began trading during the summer. A July 19 research report indicated GMP Securities “initiated coverage on Cobalt 27 Capital Corp. (KBLT:TSX.V; CBLLF:OTC; 27O:FSE) with a Buy rating and a CA$12 per share target price,” wrote
This Company Is Jumping on the Electric Vehicle Revolution Read More »
Source: Streetwise Reports 10/24/2017 A producer/explorer active in Mexico and Peru released third quarter production results that we in line with one analyst’s expectations. For the last 100 years, the average gold/silver price ratio was 47:1. It now takes 75 ounces of silver to purchase one ounce of gold. The silver-spring is coiled tight and
Q3/17 Mexican Silver Production Report Shines Read More »
Source: Streetwise Reports 10/24/2017 Analyst Bill Newman with Mackie Research Capital Corp. provided the recent results from of one of the exploration wells this energy company co-owns in Indonesia. Drill results from the ELOK-1X exploration well, which Pan Orient Energy Corp. (POE:TSX.V) owns in a joint venture, confirmed “the findings of the AYU-1X well,” which
Oil & Gas Firm Offers ‘High-Impact Exploration Potential’ Read More »
By analyst By Valentina Ruiz Leotaud Barrick Gold’s (TSX, NYSE:ABX) old Mascot Giant nickel mine, which closed in 1973 and is located near Hope, British Columbia, could soon become a ski resort, says a news story published today in The Province. Citing an interview with Dennis Adamson, electoral director of Electoral Area B of the
Barrick Gold’s nickel mine could become a ski resort Read More »
By analyst By Valentina Ruiz Leotaud The United Nations Environmental Programme released a report titled “Mine tailings storage: safety is no accident,” where the organization urges mining companies to put safety first and avoid erecting dams using methods that are known to be high risk. “The United Nations Environment Rapid Response Assessment on mine tailings
UNEP urges mining companies to better manage tailings facilities Read More »
By analyst By Valentina Ruiz Leotaud Quoting finance industry sources, opposition legislator Angel Alvarado denounced today that the Venezuelan government of Nicolas Maduro allowed a $1.7 billion gold swap with Germany’s Deutsche Bank AG to lapse. Maduro dejó vencer canje de oro con Deutsche Bank por 1.7 mil millones de $. Se perdieron esos lingotes
Venezuela’s foreign reserves hit by expired $1.7 billion gold swap with Deutsche Read More »
By Cory Buy Side Metals Analysis Managing Partner at the CPM Group Jeffrey Christian joins me today to recap his view on the buy side of the metals sector. We discuss the precious metals and base metals in terms of drivers and the type of investors who are entering the market. Click here to visit
Jeff Christian from the CPM Group – Mon 23 Oct, 2017 Read More »
By James Rickards This post Washington Is the “New Rome” appeared first on Daily Reckoning. I just got back from a trip to Washington, or what I call “New Rome” because Washington’s relationship to the rest of America is the same as Rome’s relations with the agrarian and plebeian citizens of its vast domains in
Washington Is the “New Rome” Read More »
BY VINCENT LAUERMAN – OCT. 23, 2017 “’Tis he who fight and run away. Live to fight another day.” Lyric from song “The Heathen” Bob Marley, TIME magazine’s most influential artist of the second half of the 20th century The North American Free Trade Agreement (NAFTA) is dead. Unreasonable demands by U.S. trade negotiators, obviously
Analysis: NAFTA Is Dead — Act Accordingly Read More »
