When will the Fed cut rates? Before giving you the answer, let's back up.Before last week's Federal Reserve meeting, I offered readers the following forecast of what would happen at that meeting:On Wednesday, the Fed will leave its target rate for fed funds unchanged. That decision will keep the federal funds target at 5.50% as set at the July 26, 2023 meeting. Over the course of fifteen FOMC meet...Read More
I didn't find out about my county's new plastic bag ban until I was left standing dumbfounded with an arm full of groceries at a crowded (and bagless) self checkout station.An annoyed clerk finally walked by and handed me a paper bag, charged me five cents, and sent me on my way.Thanks to the bag ban, I have a new grocery store routine. Every last-minute trip to pick up bread, milk, and bananas no...Read More
Analyst Update The last results from Dolly Varden Silver Corp.'s 2023's step-out drilling at its Homestake Ridge property include "bonanza-grade" gold, one analyst noted in a new research note.Analyst Update: The last results from Dolly Varden Silver Corp.'s (DV:TSX.V; DOLLF:OTCQX) 2023's step-out drilling at its Homestake Ridge property include "bonanza-grade" gold, one analyst noted in a new re...Read More
Global Analyst Adrian Day reviews recent earnings from some high-yielding stocks, domestic and foreign, as well as looks at recent developments at a few resource companies on his list. He notes that the recent decline in resource stocks presents several buying opportunitiesAres Capital Corp. (ARCC:NASDAQ) reported another strong quarter, with an increase in core earnings, for a record year of $2.3...Read More
Sierra Madre Gold and Silver Ltd. has released an update on its mine restart study, which it expects to finish in Q2 of 2024. Read on to see what analysts are saying about this company's stock.Sierra Madre Gold and Silver Ltd. (SM:TSX.V; SMDRF:OTCQX) announced in a press release that it has an update on the progress of its mine restart at the company's 100%-owned La Guitarra silver and gold projec...Read More
Work on the underground paleochannel continues, and gold recovery is expected to commence in the near term, noted a Research Capital Corp. report.Omineca Mining and Metals Ltd. (OMM:TSX.V; OMMSF:OTCMKTS) announced positive results of drilling the first of five depressions in the underground paleochannel at its Wingdam gold project in British Columbia, reported Research Capital Corp. analyst Bill N...Read More
Dolly Varden Silver Corp. has intersected a new gold-rich zone on its Homestake Ridge property in British Columbia's Golden Triangle. One newsletter editor calls the numbers 'remarkable.'Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) said it has intersected a new gold-rich zone northwest of the Homestake Silver Deposit on its Homestake Ridge property in British Columbia's Golden Triangle.Part o...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market, specifically the copper and gold sector.The "Drive for Five" (as in FIVE thousand for the S&P 500) is now complete.With a 29.6% allocation comprised of the "Magnificent Seven" mega-cap stocks that have led the advance since late October, the S&P 500 has used that extraordinary rocket fuel to blast throug...Read More
Could another bubble burst like the "Dotcom Bubble," which helped usher in a decade-long gold bull market with extraordinary gains, be on its way? Surprisingly, some analysts and experts say there are similarities between then and now.Could another bubble burst like the "Dotcom Bubble," which helped usher in a decade-long gold bull market with extraordinary gains, be on its way?Hussman Investment...Read More
Perpetua Resources Corp. announced up to an additional US$34.6 million in funding under the Defense Production Act through a technology investment agreement for the Stibnite Gold Project. Read on to see what analysts have to say about this stock.Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) announced in a press release that it had received up to US$34.6 million in additional funding through the...Read More
Technical Analyst Clive Maund reviews BacTech Environmental Corp. to explain why he believes it is a Strong Buy on all timeframes.BacTech Environmental Corp. (BAC:CSE;BCCEF:OTCQB;OBT1:FRA) is a company that has developed an organic, environmentally friendly process for removing arsenic from gold in the country where it is operating, Ecuador. This is especially important since many miners and minin...Read More
My focus is on economics and capital markets. In theory, politics shouldn't factor much in my analysis.But in reality, politics has become a major influence on markets, and I can't afford to neglect the political dimension. I might not like it, but I can't ignore it.Sure, politics has always influenced markets to some extent. But today, it's taken on whole new dimensions.It's not the 1990s anymore...Read More
Could another bubble burst like the "Dotcom Bubble," which helped usher in a decade-long gold bull market with extraordinary gains, be on its way? Surprisingly, some analysts and experts say there are similarities between then and now.Could another bubble burst like the "Dotcom Bubble," which helped usher in a decade-long gold bull market with extraordinary gains, be on its way?Hussman Investment...Read More
Others are bullish on this Canadian company, too. Read on to learn what they and the CEO had to say about it.Canadian metals explorer Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) is working to continue adding ounces at its expanding land package in British Columbia's Golden Triangle, Chief Executive Officer Shawn Khunkhun told The National Investor's editor and publisher Chris Temple in a rec...Read More
Technical Analyst Clive Maund takes a look at Silver X Mining Corp. to explain why he believe the stock is now a Buy. After the dip in its price in recent weeks, Silver X Mining Corp. (AGX:TSX.V) stock is looking most attractive for investors here for both fundamental and technical reasons.Looking first at the fundamentals, after a successful restart of operations last September, production is ram...Read More
Goldshore has released an encouraging new Mineral Resource Estimate (MRE) that has revealed a significant indicated resource on the Moss Gold Project. Read on to see what analysts have to say about this stock.Goldshore Resources Inc. (TSX.V:GSHR; OTCQB:GSHRF; FWB:8X00) has released an updated MRE for the company's 100%-owned Moss Gold project that has analysts re-evaluating the company. The Moss...Read More
For several days, ever since the supposedly amazing GDP report from quarter four 2023, we've been blasted by the media about how great the economy is doing.It's exasperating because these claims do not fit with human experience. Last we heard from the Census Bureau, real income is down, and no one doubts it. Everyone, or at least most average people, has felt strong downgrades in living standards...Read More
We have yet to reach a full reckoning of the consequences of the era of easy money, but it’s abundantly clear that it ruined us.The damage was incremental at first, but the perverse incentives and distortions of easy money zero interest rate policy (ZIRP), credit available without limits to those who are more equal than others accelerated the institutionalization of these toxic dynamics...Read More
Fitzroy Minerals Inc. reported it had signed an exclusive agreement to acquire the Polimet gold-copper-silver project in Chile and reached a new 52-week high. Read to see what experts are saying about this stock.Fitzroy Minerals Inc. (FTZ:TSX.V; FTZFF:OTCQB) has secured the exclusive option to acquire the Polimet gold-copper-silver project in Chile. Fitzroy will acquire the project, which is locat...Read More