Political news in the U.S. and wars abroad have pushed most economic news out of the headlines. Yet the economic news is more important than ever and will have a huge impact on stock and bond markets in the months ahead.Here's a summary of recent critical developments:On the economy as a whole, headline numbers continue to look good. The Q42023 GDP was 3.3% (annualized). That put full-year 2023 GD...Read More
Dakota Gold Corp. announced assay results additional drill holes from its Richmond Hill gold project in South Dakota, including an assay of 1.71 grams per tonne gold (g/t Au) over 42.8 meters. Find out why the area was once called the "Richest 100 Square Miles" on Earth.Dakota Gold Corp. (DC:NYSE American) announced assay results from 12 additional drill holes from its Richmond Hill gold project i...Read More
Today is President's Day.In token of this high and exalted day, we reflect upon the United States presidency.Historians heap vast praise upon presidents of energy and of action.In brief, upon presidents who expand their own powers... and the powers of the United States government.Over whom do historians slobber and swoon a Millard Fillmore or an Abraham Lincoln?A Grover Cleveland or a Theodore R...Read More
Equity Metals Corp.'s drilling has expanded its resource by at least 30%, according to a Fundamental Research Corp. note.Equity Metals Corp. (EQTY:TSX.V) drilling had expanded its resource by 30%, reported Fundamental Research Corp. analysts Siddharth Rajeev and Nina Rose in a February 16 research note. Equity Metals has been conducting an expansion drilling program at its fully-owned Silver Queen...Read More
CHEYENNE, Wyo., Feb. 27, 2024 /PRNewswire/ -- U.S. Gold Corp. (Nasdaq: USAU) ("U.S. Gold" or the "Company") is pleased to announce that it will be attending and exhibiting at the Prospectors and Developers Association of Canada 2024 Conference ("PDAC 2024"). Company management invites shareholders and all interested parties to attend and admission is free to qualified investors.The annual confere...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on current movements in the stock market as well as one gold stock he believes is a Buy.If Nvidia (NVDA:NASDAQ) is the poster child for "irrational exuberance version-2024," then the clarion call for "irrational revulsion" must be Newmont Corp. (NEM:NYSE), the largest gold producer in the world that just decided to dump six bottom-tier pro...Read More
The market's finally flattening out.The S&P 500 stumbled into the red on Friday, posting its first losing week since Jan. 2. No, large-caps aren't falling off a cliff (the weekly loss for the S&P clocks in at a little less than half a percent). But we're starting to see some cracks in the foundation following the melt-up move that began in early November.Last week, we reviewed how to react...Read More
Four years after the pandemic, it's still hard to predict where any particular public intellectual stands on lockdowns, mandates and the entire calamity of the response to COVID. Very few have apologized. Most have moved on as if nothing has happened. Some have dug into their own apostasy even more deeply.One reason seems to be that much of the professional intellectual class is currently dependen...Read More
"It's not enough to be against globalism or the WEF, we have to also be for something better." Tom Luongo, Gold, Goats 'n Guns podcastMr. Luongo makes an important point. I want you to think about this: There is a reason that the WEF-Globalist cabal is losing the battle to control and dominate the rest of us. They are trying to power straight into the opposing currents of reality.Above all, they...Read More
Barry Dawes of Martin Place Securities takes a look at the current state of the gold market and where he believes it is headed.Gold is setting up for a move very soonTechnicals at key pressure pointsNST is a global leader.Key PointsGoldGetting ready to move higherTechnicals tightLook at all of the time scalesAU$ gold looking to riseGold vs. T Bonds is about to riseGold StocksXAU could jump higher...Read More
Infinitum Copper Corp. announced it has applied for a mining permit for its La Adelia project in Mexico. Infinitum Copper Corp. (INFI:TSX) announced it has applied for a mining permit from the environmental authority in Mexico after it received the results of metallurgical test work.A Mining Impact Assessment (MIA) has been completed and submitted to the Secretaria de Medio Ambiente y Recursos Nat...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
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
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
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
$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
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
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
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
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