Technical Analyst Clive Maund shares why he believes Strikepoint Gold Inc. is a Strong Buy.This is believed to be the perfect time for investors interested in junior mining stocks to move in and buy StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) for a variety of fundamental and technical reasons.Starting with the fundamental reasons, the stock is viewed as an exceptional bargain here, being just 1...Read More
Yesterday's reckoning flustered the fish... fluttered the dovecotes... and enflamed the hornets.We insinuated that Donald Trump if elected may not prove the dictatorial he is purported to be.That is because the governmental construction is against it. This belief runs contrary to opinion abundant in mainstream circulation.Certain readers even believe we blew a bugle for Mr. Trump.Here is reade...Read More
$60 billion for Ukraine... $14 billion for Israel...$8 billion for Taiwan and Indo-Pacific allies… $9.1 billion in humanitarian aid to Gaza.Shovel in some sundry billions for sundry purposes... and the American taxpayer goes upon the hook for a $95.3 billion bill.Here you have, in summary, the "emergency spending" bill passed Tuesday by the United States Senate.And here you have, in summary,...Read More
It's hard enough counting the stuff you can see.And you'd think it'd be damn near impossible to count the stuff you can't see.But that's not so.Nineteenth-century French economist Fr?d?ric Bastiat, as imagined in MidjourneyWith a bit of elbow grease and forethought, you can calculate the accounting (seen) cost of a particular action and the economic (seen and unseen) cost of that action.This is on...Read More
Newly released plus historical results indicate mineralization is continuous between isolated deposits, noted a Red Cloud Securities report.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) released the data generated through drilling last year at its 3 Aces gold project in the Yukon, reported Taylor Combaluzier, Red Cloud Securities vice president/mining analyst, in a February 15 research note."We belie...Read More
Defense Metals Corp. has a CA$4.25 NAV per share, according to an Agentis Capital report.Michael Gray and Jake Savage of Agentis Capital wrote in a February 21 research note that they updated their discounted cash flow (DCF) model that uses an 8% discount rate for Defense Metals Corp.'s (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) fully-owned Wicheeda rare earth element project. The project is located on Mc...Read More
Ron Struthers of Struthers' Resource Stock Report shares his belief that all the strong growth and more is already priced into Nvidia. Meanwhile, a deep value situation like Greenbriar Sustainable has been overlooked, according to Struthers, but not for long.A lot of investors simply jump on momentum, like the recent Magnificent 7. However, the majority get in too late and our left holding the bag...Read More
Global Analyst Adrian Day reviews year-end financials from three major gold companies on his list. Although he believes there were some negative aspects, they were for the most part positive.Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE) reported another strong quarter, with both production and earnings-per-share higher than estimates and above guidance. It took impairment charges for two end-of-life...Read More
The mainstream view is that recession is caused by economic-financial factors. The mainstream view is wrong, for recession is ultimately caused by Wetware 1.0 human nature.Human nature our innate attraction to windfalls and something-for-nothing, our ability to habituate to extremes and normalize counterproductive dynamics manifests as economic-financial factors, but these are effects, not c...Read More
The January inflation numbers came out this morning, and they weren't good for Wall Street.The consumer price index (CPI) rose 3.1% in January. That's a decrease from December's 3.4%, but it exceeded consensus estimates of 2.9%.Core inflation, which excludes food and energy, rose 3.9% on an annualized basis, which is unchanged from December. But the consensus estimate was 3.7%. Core inflation also...Read More
Despite the Wall Street happy talk about the Federal Reserve winning the battle against inflation, that battle has not been won.Headline CPI (the kind Americans actually pay, not constructs like "core" and "super-core") was 3.4% in December. That compares to 3.1% in November and 3.0% last June (the January numbers will come out tomorrow).In other words, inflation is not gone and may even be on the...Read More
This additional funding highlights the importance to the U.S. military of a domestic supply of the metal, noted a Roth MKM report.Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) received more funding, in the amount of US$34.6 million ($34.6M), from the U.S. Department of Defense to continue advancing its Stibnite gold-antimony project in Idaho, reported Roth MKM analyst Mike Niehuser in a Februar...Read More
LONDON, 21 February 2024 - Analysis from BullionVault is featured today in a report on the price of gold bullion from Germany's financial newspaper, Handelsblatt.Exploring why the price of gold continues to hold above $2000 per ounce despite weak Western investment demand, "Chinese investors are currently fleeing into the precious metal," says the article, "because for them, gold is one of the few...Read More
Yesterday's reckoning drew a fulsome mail...We suggested the United States economy was not a "real" economy. We suggested that it was, instead, a "fake" economy...And that government data-manglers sketch false scenes of economic vigor.Certain readers took... exception.For example: Reader J.B. believes we trained our cannons unjustly upon the Biden administration:It can’t be true under a...Read More
As a scribbler we are at times spoiled for choice. Today is one such time.Yesterday the Supreme Court of the United States commenced proceedings into Colorado's ruling barring Mr. Trump from the ballot...Yesterday the United States Department of Justice issued an official report bringing into vast question the sitting president’s cognitive competence...Yesterday the same president met th...Read More
Historians of the future, gathered round their campfires poaching armadillo tail-flaps in their own shells, will harken back to the wondrous day in 2024 when they could watch and compare two heads of great nations present themselves to the world for assessment.There was Mr. Putin of the land called Russia, calmly discoursing in fine detail on a thousand years of his country's history. And there wa...Read More
The Left loves to project. Just look at it now. "Tucker Carlson is a traitor." "Tucker Carlson hates America." The nonsense is knee-deep.But this isn't the first time a journalist has traveled to Russia to report. In fact, nearly a century ago, a son-of-a-bitch named Walter Duranty became – who could've guessed it? – The New York Times Moscow bureau chief.Duranty, God rot him, will be...Read More
With this asset, the company could become "a globally significant supplier" of these critical metals, noted a Noble Capital Markets report.Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) has a major milestone on the horizon related to its Wicheeda project in British Columbia, which is well-positioned to become a key North American supplier of rare earth elements, reported Noble Capital Mar...Read More
Seabridge Gold Inc. has updated a three-dimensional view of its 3 Aces project in the Yukon Territory as it looks for continuous gold mineralization. See why one newsletter writer is "table-pounding bullish" on the company.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced that the 2023 drill results from its wholly owned 3 Aces project in the Yukon Territory contributed to an updated three-dime...Read More