Denver Business Journal, Released on 10/20/21Self-driving trucks are now hauling ore at mining giant Newmont Corp.'s biggest gold mine in AustraliaContinue...Newmont becomes first gold mining company to use self-driving trucks in mine added by Herman James on 10/21/2021View all posts by Herman James ?+'Read More
“Gold going nowhere” seems to be a reasonable description of recent price action in the metals markets.Below is a daily chart of GLD for the past year… The price variation from the mid-point (170) of the price range (160-180) is only about 5 1/2 percent – either up or down.For those expecting bigger things, this might trigger some impatience. It might also be disappointin...Read More
What’s the price level exit for theblack gold?The new front month contract (as weswitched now to Dec’21) for WTI Crude Oil futures closed the week at $82 perbarrel on Friday (Oct. 15th).Fundamentally, nothing seems to be able to stop, in the short term, the surge incrude oil prices which continued to rise on Friday amid concerns over supply,since the WTI hit a new high in almost seven...Read More
Oct 22, 2021 Guest(s): Peter Boockvar CIO, Bleakley Advisory Group Gold has the potential to double once the Federal Reserve begins to tighten and hike rates to fight off hotter-than-expected inflation, said Peter Boockvar, chief investment officer at Bleakley Advisory Group. "If you inflation adjust gold for its 1980 high, it can go to $2,500, it can overshoot $3,000 plus," Boockvar told Michel...Read More
The Felder Report, Released on 10/20/21The major gold mining companies have become very cheap again.Continue... Jesse Felder: Why The Gold Miners Could Soon Make FANG Look Tame added by Herman James on 10/22/2021View all posts by Herman James ?+'Read More
MiningStockEducation.com, Released on 10/20/210:00 Introduction1:45 Kevin's journey to becoming a gold stock fund manager6:25 The key quality you possess which produced your successful career?9:02 Incorporating a macro analysis into bottom-up investing10:53 How to value a producing mining company20:49 Why do generalist money managers buy gold stocks?24:42 Harvesting gold sector volatility26:53 How...Read More
BNN Bloomberg, Released on 10/20/21The rising cost of goods is taking its toll on Canadian households with almost half (46 per cent) of all respondents in a Continue... INFLATION: Nearly half of Canadians report difficulty feeding their family added by Herman James on 10/24/2021View all posts by Herman James ?+'Read More
Gold Switzerland, Released on 10/20/21We have today a global system which cannot cope with the tiniest imbalances in the supply chain.Continue... Egon von Greyerz: Shortages & Hyperinflation Lead To Total Misery added by Herman James on 10/24/2021View all posts by Herman James ?+'Read More
"Mundus vult decipi, ergo decipiatur" - the world wants to be deceived, so let it be deceived.This wisdom of the ancient world is the wisdom of the modern world. And we suspect greatly it will be the wisdom of the future world.That is, the world wishes to be eternally and infinitely deceived.Why else - sisters, brothers, countrymen - do people attend magic shows... solicit psychics... read Paul Kr...Read More
Man alone is the thinking animal of Earth, the sky-scraping summit of all its fauna, its high king.This unlikely creature splits the atom in two. He sends disinformation ricocheting around the world in fractions of seconds. He catapults himself into space.Through his astounding astronomical binoculars he lays his eyes on the remotest precincts of this universe, billions of years distant.Of these f...Read More
“Gold going nowhere” seems to be a reasonable description of recent price action in the metals markets.Below is a daily chart of GLD for the past year… The price variation from the mid-point (170) of the price range (160-180) is only about 5 1/2 percent – either up or down.For those expecting bigger things, this might trigger some impatience. It might also be disappointin...Read More
What’s the price level exit for theblack gold?The new front month contract (as weswitched now to Dec’21) for WTI Crude Oil futures closed the week at $82 perbarrel on Friday (Oct. 15th).Fundamentally, nothing seems to be able to stop, in the short term, the surge incrude oil prices which continued to rise on Friday amid concerns over supply,since the WTI hit a new high in almost seven...Read More
“Gold going nowhere” seems to be a reasonable description of recent price action in the metals markets.Below is a daily chart of GLD for the past year… The price variation from the mid-point (170) of the price range (160-180) is only about 5 1/2 percent – either up or down.For those expecting bigger things, this might trigger some impatience. It might also be disappointin...Read More
What’s the price level exit for theblack gold?The new front month contract (as weswitched now to Dec’21) for WTI Crude Oil futures closed the week at $82 perbarrel on Friday (Oct. 15th).Fundamentally, nothing seems to be able to stop, in the short term, the surge incrude oil prices which continued to rise on Friday amid concerns over supply,since the WTI hit a new high in almost seven...Read More
“Gold going nowhere” seems to be a reasonable description of recent price action in the metals markets.Below is a daily chart of GLD for the past year… The price variation from the mid-point (170) of the price range (160-180) is only about 5 1/2 percent – either up or down.For those expecting bigger things, this might trigger some impatience. It might also be disappointin...Read More
What’s the price level exit for theblack gold?The new front month contract (as weswitched now to Dec’21) for WTI Crude Oil futures closed the week at $82 perbarrel on Friday (Oct. 15th).Fundamentally, nothing seems to be able to stop, in the short term, the surge incrude oil prices which continued to rise on Friday amid concerns over supply,since the WTI hit a new high in almost seven...Read More
Oil could hit $90 a barrel and copper could see between $11,000 to $12,000 a tonne, said Goldman Sachs' Global Head of Commodities Research Jeff Currie on Bloomberg. Currie's interview was released early this week.Copper prices rose today on decades-low supplies and an extreme shortages, according to a report from Reuters. Three-month copper on the London Metal Exchange rose 1.5% to $10,351 a tonn...Read More
Northern Star (ASX:NST) expects to produce 1.55-1.65Moz of gold in its 2022 fiscal year.The company released its quarterly activities report today.The cost of that gold is set at an all-in sustaining cost of A$1,475-$1,575/oz.The company expects its AISC to decrease over the year. Northern Star’s FY22 net growth capital and exploration budget of A$710M is unchanged.By 2026 the company expect...Read More
Today BHP Billiton increased its all-cash offer to Noront Resources' shareholders to 75 cents Canadian per share.The offer represents a 36% premium to its previous offer, a 7% premium to the Wyloo offer and a 213% premium to Noront’s unaffected price, according to a press release from Noront Resources (TSXV: NOT)."Noront supports BHP’s improved offer and recommends shareholders tender...Read More
Oct 20 (Reuters) - Australian shares rose on Wednesday asmetal-centric stocks jumped on firm commodity prices, whileglobal miner BHP hit a one-month high after topping billionaireAndrew Forrest's bid for nickel miner Noront Resources.The S&P/ASX 200 index rose about 1% to 7,447.3 by0022 GMT.Miners were the biggest boosts on the local bourse,climbing 1.6%, after benchmark iron ore prices recove...Read More