Barry Dawes of Martin Place Securities takes a look at the current state of the gold market to explain where he believes it is headed.Gold is still holding in ascending triangle.Gold stocks are consolidating.T Bond yields sharply lower.GoldBack into the ascending triangleGold Stocks ConsolidatingASX Gold Stocks Holding in Symmetry boxGold is providing some tricks in volatility, but the trend is st...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market, as well as some stocks he has kept his eyes on.When you are in the business of writing a weekly newsletter covering a specific range of companies within a market environment that has been/continues to be largely out of favor, it becomes quite a chore to find new things to discuss. I cover gold, silver, c...Read More
The quick answer is not much - at least not relatively speaking.According to the World Gold Council, as of the end of 2023, around 212,582 tons of gold have been mined throughout history. About two-thirds of that amount was dug out of the ground since 1950.That sounds like a lot of gold, but if you melted down every ounce of gold ever mined and formed it into one block, it would only measure 73 fe...Read More
"Stocks can't ignore the issue any longer."What is the issue stocks can no longer ignore? And why can they no longer ignore it?Answers shortly. First we look in on stocks themselves the stocks that can ignore the issue no longer.The Dow Jones absorbed a 330-point lacing today. The S&P 500, a 31-point blow. The Nasdaq Composite, meantime, went 183 points backward.Why? CNBC informs us that:Sto...Read More
As you know by now, Donald Trump was found guilty yesterday on all felony counts in his hush money trial in New York.Sentencing in the case is scheduled for July 11, 2024. That's just four days before the Republican National Convention begins in Milwaukee on July 15. That's not a coincidence, by the way. It's calculated to further tarnish his image ahead of the convention.It's part of the pattern...Read More
The quick answer is not much - at least not relatively speaking.According to the World Gold Council, as of the end of 2023, around 212,582 tons of gold have been mined throughout history. About two-thirds of that amount was dug out of the ground since 1950.That sounds like a lot of gold, but if you melted down every ounce of gold ever mined and formed it into one block, it would only measure 73 fe...Read More
Canter Resources Corp. (CRC:CSE; CNRCF:OTC; 601:FRA) announced initial brine and clay/sediment assay results from its 15-hole first phase shallow Geoprobe drill program at its Columbus Lithium-Boron project in Nevada. Read why one expert thinks the project has "world-class potential."Canter Resources Corp. (CRC:CSE; CNRCF:OTC; 601:FRA) announced initial brine and clay/sediment assay results from i...Read More
Michael Ballanger of GGM Advisory Inc. shares current updates in the market, and one copper stock he is keeping his eye on.USD Index futures are higher this morning with 10-yr. and 30-yr. yields lower as the economic news continues to demonstrate weakness.Gold (+0.59%), silver (+0.56%), copper (+0.34%), and oil (+.38%) are all rallying very modestly, with stock futures bouncing as well.Vortex Meta...Read More
It is Memorial Day... when we pause to honor the nation's war dead.Most Americans will not, of course.It merely represents a chance to lie flat on a beach... to munch frankfurters... to dream the tall dreams of approaching summer.We will be among them.We will not be planting tiny American flags atop forgotten graves today.We will not be bugling taps.It is unlikely we will thank a veteran for his s...Read More
Soma Gold Corp. (TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU) has announced its financial results and operating highlights for the first quarter of 2024. See what this report means for the company's present and future plans.Soma Gold Corp. (TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU) has announced its financial results and operating highlights for the first quarter of 2024, filing its financial statements and MD&A (ma...Read More
We all know about the non-stop lawfare attacks on Donald Trump. You might like Trump or hate him, but it shouldn't matter. Every American who cares about justice and the rule of law should be concerned about them.It corrodes the system of justice that's long been a source of national pride.Besides being a financial analyst, I'm also an attorney with a deep understanding of constitutional law. And...Read More
This past weekend, Donald Trump spoke at the Libertarian Party's national convention. The media are gloating that the crowd booed Trump at times.But the fact that they gave Trump a cool reception shouldn't come as a surprise. Many libertarians (though not all) are for open borders. Trump wants a border wall. Libertarians doctrinally support unfettered free trade, while Trump believes in tariffs to...Read More
Soma Gold Corp. (TSXV:SOMA;OTC:SMAGF;WKN:A2P4DU) has announced its financial results and operating highlights for the first quarter of 2024. See what this report means for the company's present and future plans.Soma Gold Corp. (TSXV:SOMA;OTC:SMAGF;WKN:A2P4DU) has announced its financial results and operating highlights for the first quarter of 2024, filing its financial statements and MD&A (manage...Read More
The Canadian explorer has production plans for the project it would gain in this deal as well as one of its already 100%-owned assets. Read on to learn more about both.IberAmerican Lithium Corp.'s (IBER:CBOE; IBRLF:OTCQB) proposed acquisition of Strategic Minerals Europe Corp. just received approval by the latter company's shareholders, according to a news release."This resounding vote of confiden...Read More
The sitting administration the Biden administration sobs about inflation.It claims it labors... heart and soul... to reduce that inflation.Yet we believe these tears are the crocodile's tears. That is, these tears are not authentic.We believe the administration is not heart and soul to reduce inflation.The administration is rather heart and soul for inflation. Not hyperinflation, mind you hy...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market, as well some stocks he has kept his eyes on.When you are in the business of writing a weekly newsletter covering a specific range of companies within a market environment that has been/continues to be largely out of favor, it becomes quite a chore to find new things to discuss. I cover gold, silver, copp...Read More
We can summarize the changes in our economy over the past two generations with one word: precarity, as life for the bottom 90% of American households has become far more precarious over the past 40 years, despite the rising GDP and “wealth” as measured in phantom capital.This reality is expressed in the portmanteau word precariat, combining proletariat (someone whose livelihood comes f...Read More
A book that pays high returns for decades with endless insights is Joseph Schumpeter's Capitalism, Socialism and Democracy (1942).It's not a systematic treatise. It's more of a series of observations about huge problems that vexed those times and ours. Many are informed by economics. Some by history. Some by sociology and culture.Schumpeter was a partisan of the old-school bourgeois order educat...Read More
Blackwolf Copper & Gold Ltd. (TSXV.BWCG;OTC:BWCGF) announced it has closed on the purchase of camp assets at the company's Niblack project in southeastern Alaska. Find out why some analysts are bullish on the company's forthcoming merger with Treasury Metals Inc.Blackwolf Copper & Gold Ltd. (TSXV.BWCG;OTC:BWCGF) announced it has closed on the purchase of camp assets at the company's Niblack projec...Read More
Giant Mining Corp. (CSE: BFG;OTCBB: BFGFF;FSE: YW5) announced the approval of its Reclamation Cost Estimate by the State of Nevada, Department of Conservation & Natural Resources. Read on to find out how this affects the company's future drilling projects.Giant Mining Corp. (CSE: BFG;OTCBB: BFGFF;FSE: YW5) announced the approval of its Reclamation Cost Estimate by the State of Nevada, Department o...Read More