With Bitcoin making the news last week when the Securities and Exchange Commission (SEC) finally approved exchange traded funds, it’s a good time to review the topic again.Bitcoin still offers the potential to serve as a form of honest money and to end-run the central bankers and politicians who have abused the fiat system so badly. Yet some proponents still market the crypto asset as &ldqu...Read More
Gold appears to have built solid support above $2,000 an ounce, but momentum to move higher in the short term has eased with uncertainty about the timing of Federal Reserve rate cuts.But short-term sentiment aside, there are plenty of reasons to remain bullish on the yellow metal.The Fed appeared to surrender to inflation at its December meeting. While the central bank held rates steady, it signal...Read More
We are informed that former president Trump if democratically reelected is a dictator in waiting.He will swallow the key to the ballot box, we are told. And with it, American liberty.Down his gullet both democracy and liberty will go.Are the man's foes correct? Are they incorrect?As most Americans, your editor was reared in the democratic religion. Thus dictatorship ranks with communism, fasci...Read More
Seabridge Gold Corp.'s application for "substantially started" status for its KSM project in British Columbia has been submitted, according to RBC Capital Markets.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) has submitted an application for "substantially started" status for its KSM project in British Columbia, according to RBC Capital Markets analyst Michael Siperco in a January 17 report.If approv...Read More
Global Analyst Adrian Day discusses revenue misses and new CEOs as gold companies turn a leaf on the old year. Osisko Gold Royalties Ltd. (OR:TSX; OR:NYSE) new CEO Jason Attew said his goal was to continue building on the progress that has been made in Osisko becoming a traditional royalty company.In a one-on-one conversation last week, he said, "There will be no backsliding on that," adding, "The...Read More
I was poking around X.com when I ran into a post from Glenn Diesen (@Glenn_Diesen). Glenn is a geopolitical analyst and author who's appeared on one of my favorite geopolitical YouTube channels, The Duran.Glenn's post was about the Slovakian Prime Minister, Robert Fico, and his op-ed in the Slovakian newspaper, Pravda.I just read that editorial. It's brilliant, and I want to share it with you.Ther...Read More
The president and chief executive officer of Toronto-based AlphaNorth Asset Management says his positive outlook on 2024 has not changed. In fact, it could be a great year for small caps.We talked to Steve Palmer, the president and chief executive officer of Toronto-based AlphaNorth Asset Management, to get his take on the coming year last fall.As 2024 dawns, Streetwise Reports checked in with him...Read More
An invasive species a globally invasive species is loose.It is a fierce predator, an apex predator of vast appetites. Its limitless ambitions span planet Earth, pole to pole.This fi-fo-fum presently besieges a tiny burgh high in the Alps of Switzerland.Private jet aircraft lower him in... and haul him out.Rolex watches encircle his wrists, Armani clothing adorns his back. He rolls around in ex...Read More
Centenario Gold Corp. has completed a round of drilling on its Eden project in Mexico. Read on to see what analysts are saying about gold stocks.Centenario Gold Corp. (CTG:TSX.V) announced in a press release on January 11, 2024, that the company had completed five holes on the Buenavista mineralization structure in its maiden drill program on the company's Eden property and that it had completed a...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market, as well as a few stocks he believes should pique your interest.The Year of Our Lord 2024 is officially underway with an inauspicious start as the much-vaunted Santa Claus Rally failed to deliver much in the way of a year-end celebration. It seemed as though out of sheer exhaustion from an unprecedented s...Read More
Too many investors waste valuable time attempting to explain what should happen in the markets instead of reacting to where prices are actually moving.Redirecting your energy toward understanding how markets move will not only remove most of the frustration from your investing process - it will also quickly improve your returns.Contrary to popular belief, years of study and practice are not requir...Read More
It's an election year. Interest rates are high relative to current inflation rates and are the highest they've been since 2006.Do those two conditions have anything to do with each other? The Federal Reserve would say no but history would say yes.On the one hand, the Federal Reserve has always maintained they are above politics. According to Fed propaganda, members of the board of governors check...Read More
You've seen the news, right? Before the weekend, U.S. and British forces (but mostly U.S.) just fired shots at targets in Yemen, in reply to Houthi attacks on Western shipping in the Red Sea.Cruise missiles, they say. And air strikes. Hmm. We'll see.First thing to understand: Whatever you read, in whatever source, We Know Nothing!That is, whatever the Pentagon press releases might have said the da...Read More
It has been roughly a year since we reported that Canadian exploration firm NevGold Corp. had secured a further exploration permit for its Nutmeg Mountain project. Now, the company is embarking on a unique common-shares-only financing model to advance development at numerous nascent mine sites.NevGold Corp. (NAU:TSX.V; NAUFF:OTC; 5E50:FSE) is a Canada-based exploration and development company targ...Read More
One of the most extraordinary economic marvels of the past decade is the astounding 50% leap in corporate profits, from $2.4 trillion (pre-tax) pre-pandemic lockdown to $3.6 trillion (pre-tax) in the years since the lockdown ended.Strangely, few seem to ask the source of this astounding 50% leap. Wall Street has certainly cheered this vast increase, but few analysts ponder the source, or ask if th...Read More
Defense Metals Corp. completed geotechnical fieldwork to support an upcoming preliminary feasibility study (PFS) on its Wicheeda rare earth element (REE) project, noted Noble Capital Partners.Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) completed geotechnical fieldwork to support an upcoming preliminary feasibility study (PFS) on its Wicheeda rare earth element (REE) project, according...Read More
Metallic Minerals Corp. announces results of its 2023 drilling campaign at its flagship Keno silver project in the Yukon. Find out why some analysts see a big upside to the stock.Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCQB) announced the results of its 2023 drilling campaign at its 100%-owned flagship Keno silver project, which is adjacent to Hecla Mining Co.'s (HL:NYSE) Keno Hill operational...Read More
The train wasn't scheduled for another 20 minutes, so I had a chance to contemplate the official sign on the door of the huge elevator leading to the platform.It said that only four people are allowed in because we must all practice social distancing. There was a helpful map of the interior of the elevator with stick figures telling people exactly where to stand.Yes, these stickers are still every...Read More
Global Analyst Adrian Day takes a look at what changes may lie ahead in the coming year, and how his "current positions" portfolio fits with this anticipated scenario.As the New Year gets underway, it seems appropriate to write about changes we see in the year ahead. It is important to make note that this is not so much a forecast as an assessment of probabilities. Also, of course, the turn of the...Read More