Investors got some superficially good news on the economy this week. But it turned out to be bad news for markets.Although they’ve bounced back a little today, equities and precious metals markets sold off on Thursday following government data showing that the economy grew faster than expected in the third quarter. GDP was revised upward to a 3.2% annual pace from July through September.Of c...Read More
Since the gold market now showsparallels to 2008 and 2013, what can we expect if the correction has justended? TheUSDX's Breakout The changes that we saw on the chartsyesterday were not enough to change anything that I describedyesterday, so those comments remain up-to-date. Also, what I coveredduring yesterday’s live event (I combined the live market analysis with thepresentation about the...Read More
ITM Trading, Released on 12/22/22At the start of 2022, I said this was going to be a pivotal year because I knew what was happening in 2023. We then witnessed 12 months of unprecedented economic turmoil and events. The stock market was plagued by extreme volatility and mass insider selling, and the level of social and political distractions made it nearly impossible for people to stay focused on t...Read More
CNBC, Released on 12/22/22Gold prices could surge to $4,000 an ounce in 2023 as recession fears persist, said Continue... Gold at $4,000? Analysts share their 2023 outlook as inflation, recession fears linger added by Herman James on 12/25/2022View all posts by Herman James ?+'Read More
SF Live, Released on 12/22/22Legendary mining investor Rick Rule joins us for a recap of 2022. We discuss the FTX collapse, lessons for dumb money, and opportunities in mining. We discuss Oil & Gas (briefly), disappointments in the silver industry, and tier 1 copper deposits. Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in...Read More
Wealthion, Released on 12/22/22Stephanie Pomboy returns to Wealthion to interview highly-respected economist David Rosenberg about his macro & market outlook for 2023. Without revealing too many spoilers, David sees a painful recession and new bear market bottom ahead for the coming year.Part 1 (part 2 below)Here in Part 2 of of interview with economist David Rosenberg, guest host Stephanie Pomboy...Read More
The company is expected to declare commercial production at its mine in Peru in the next month or so, noted an Echelon Capital Markets report.Silver X Mining Corp. (AGX:TSX.V) generated its first net gain in Q3/22 while continuing to ramp up production at Nueva Recuperada, reported Echelon Capital Markets analyst Gabriel Gonzalez in a Nov. 29 research note. The miner is expected to declare commerc...Read More
Kitco News, Released on 12/22/22Peter Schiff, Chief Market Strategist of Euro Pacific Asset Management, discusses the 2023 outlook for inflation, stocks, and gold with David Lin, Anchor for Kitco News. 0:00 - Leading Economic Indicators2:10 - Recession in 20234:40 - U.S. dollar8:06 - Inflation in 202215:55 - Inflation outlook17:47 - How to fix inflation24:16 - Inflationary depression27:45 - Stocks...Read More
Bernie's Tweets - Twitter, Released on 12/22/22GERMANY - German health minister says Climate change travel restrictions and prohibited behaviour will be required.But it's just a conspiracy theory, even if you quote him ????pic.twitter.com/2qB0h7eGDY- Bernie's Tweets (@BernieSpofforth) December 22, 2022 German health minister says climate change travel restrictions and prohibited behavior will...Read More
One analyst says Liberty Gold Corp., which is tallying the data from a busy exploration season, is well positioned for growth.Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) used its 2022 drilling campaign at its flagship Black Pine project in southern Idaho to upgrade and expand its resource while working to de-risk the site at the same time.The company extended the shallow mineralization along the sou...Read More
Expert Clive Maund reviews the 4-month and 1-year charts for Lion One Metals to tell you where he sees it going in the coming year.Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX; LLO:ASX; LY1:FSE) is a small to mid-cap gold that is looking most attractive again here.On its latest 4-month chart, we can see that, after an ugly break lower and sharp drop in mid-September, it has marked out a remarkably...Read More
The mining firm also discovered another area of high-grade mineralization away from the main deposit, noted a ROTH Capital Partners report.Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX; LLO:ASX; LY1:FSE) discovered a new gold lode at Tuvatu, and another mineralized zone to the east of it reported ROTH Capital Partners analyst Mike Niehuser in a Dec. 16 research note."The combination of discovering...Read More
Wall Street Silver, Released on 12/22/22Technical analyst Gareth Soloway joins the show to discuss the latest breakouts on the Silver and Gold markets and what we could expect for the first quarter of 2023. Furthermore, we talk bout the unenviable Fed's pivot, and the similarities between the S&P500 recent crash and the Great Stock Market crash of 1929.Gareth Soloway is a professional trader with...Read More
Expert Clive Maund reviews three charts to explain to you what he believes will happen to precious metals if the stock market crashes.The U.S. stock market is in a position to crash and has been for some time, but so far, it has held up, and a reason for this is that risk has moderated somewhat. An important signal that a crash may be imminent will be if we suddenly see the 10-year yield starting...Read More
The stock market absorbed a vicious whaling today. Yet our central concern is not the stock market.Our central concern is rather the economists' war against economics. It is a war nearly all mainstream economic schools of thought wage.It is a war against savings... and prudence.The individual saver is not necessarily an agent of Satan, concedes the economist of Keynesian leanings. Under limited ci...Read More
The Julia La Roche Show, Released on 12/22/22In this episode, Bianco makes the case that we've entered a different market era from 2009 to 2021 and why he doesn't expect the Fed to cut rates or pivot anytime soon. He also breakdowns this paradox where for the first time, most Wall Street strategists expect a decline in the stock market in 2023, which wasn't the case during the Great Recession or a...Read More
With a number of analysts and newsletter writers following the stock, Silver X Mining Corp. has definitely been getting a lot of attention, which seems to only be bolstered by its announcement of record earnings. Read more to view the earnings and see what experts are saying about the silver company.Silver X Mining Corp. (AGX:TSX.V) is a Canadian silver developer and producer located in South Amer...Read More
The company's Q3/22 performance along with mine plan and gold resource revisions drove the target price increase, noted a B Riley Securities report.On the heels of Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) providing a Q3/22 financial and operational update, B Riley Securities increased its target price on the Canadian explorer to US$60 per share from US$57, reported analyst Lucas Pipes in a Nov....Read More
Alpha Copper Corp. closes on its acquisition of CAVU Energy Metals Group to create a company with four major copper projects.Alpha Copper Corp. (ALCU:CSE;ALCUF:OTC) has closed on its acquisition of CAVU Energy Metals Corp. (CAVU:CSE; CAVVF:OTC; 5EO:FSE) to create a company with four major copper projects just as the red metal is in high demand to help fuel the new green economy.Last week, the Sup...Read More
Sprott Money, Released on 12/21/22It's been a year of good news and bad news: the bottom dropped out of the mining shares, but gold is even on the year while silver is up. Will this surprising trend continue into the new year? Host Craig Hemke sits down with special guest Eric Sprott to break down the biggest gold and silver news of 2022.0:00- Intro1:40- What do you do? What is "The Mining Stock J...Read More