A Movie We Have Seen Before - Repatriation Effect?There was a sizable increase in the year-on-year growth rate of the true US money supply TMS-2 between February and March. Note that you would not notice this when looking at the official broad monetary aggregate M2, because the component of TMS-2 responsible for the jump is not included in M2. Let us begin by looking at a chart of the TMS-2 growth...Read More
Morgan Bazilian, executive director of the Payne Institute for Earth Resources and research professor of public policy at Colorado School of Mines, was recently quoted in an article in the Edmonton Journal about oil and gas company investments in renewable energy.From the article:"We've already seen huge billion-dollar plays by some of the oil majors to get into renewables - Shell has done that,...Read More
A Colorado School of Mines professor has been awarded $1.5 million in funding from the U.S. Department of Energy for advanced technology solutions for unconventional oil and gas development. Carolyn Koh, William K. Coors Distinguished Chair of Chemical and Biological Engineering and director of the Center for Hydrate Research, is the lead investigator on the three-year project, one of six nationw...Read More
Melior Resources Inc. (TSXV: MLR) is the owner and operator of the Goondicum ilmenite mine, a past-producing ilmenite and apatite mine strategically located in Queensland Australia. We learned from Mark McCauley, Director and CEO of Melior Resources, that the ilmenite price has been very strong and stable for the last twelve months and just a week ago the company completed its funding and off-take...Read More
“[A]ccording to the 2016 American Customer Satisfaction Index, the Federal Government ranks among the bottom of all industries in the United States in customer satisfaction;”Calling citizens customers is like calling slaves employees. “Customer” implies that you could take your business elsewhere.And the ability to go somewhere else when you are dissatisfied with a service...Read More
Colorado School of Mines conferred 201 master's degrees and 52 doctoral degrees at its Spring 2018 Graduate Commencement on May 10, kicking off two days of commencement exercises at the university. The Dr. Bhakta Rath and Sushama Rath Research Award, recognizing the Mines doctoral graduate whose thesis demonstrates the greatest potential for societal impact, was awarded to Chuancheng Duan,...Read More
If you've ever been hesitant about investing in marijuana stocks, now is the time to act.If you missed out on the easy triple-digit gains that we saw when Canada first launched publicly traded weed companies in 2014, you aren't too late.If you missed the massive windfall after California legalized marijuana this January, you aren't too late.The next big marijuana event is firmly on the horizon, an...Read More
“[A]ccording to the 2016 American Customer Satisfaction Index, the Federal Government ranks among the bottom of all industries in the United States in customer satisfaction;”Calling citizens customers is like calling slaves employees. “Customer” implies that you could take your business elsewhere.And the ability to go somewhere else when you are dissatisfied with a service...Read More
The West-African nation of Mali is as mineral-rich as it is unexplored, with a wealth of gold resources beneath its surface only just being discovered.Read full newsRead More
CloseGain/LossGold $1311.80-$2.60Silver$16.49+$0.01XAU82.38-0.35%HUI180.27-0.50%GDM632.77+0.05%JSE Gold1090.34+12.48USD93.12+0.02Euro118.51-0.14Yen91.21-0.48Oil$71.14+$2.0810-Year3.005%+0.031T-Bond142.53125-0.84375Dow24542.54+0.75%Nasdaq7339.91+1.00%S&P2697.79+0.97% The Metals: Gold fell $9.60 to $1304.80 in Asia before it climbed up to $1317.30 in late morning New York trade and then drif...Read More
Gold now has limited downside (20%) but substantial upside (650%)Gains on gold are likely to come at a time when stocks are crashingInvestors and savers without an allocation to gold will be wiped outTime to consider saving in physical gold? Editors noteby James Rickards, Daily ReckoningFollowing the Panic of 1907, John Pierpont Morgan was called to testify before Congress in 1912 on the subject...Read More
The GFMS metals research team released its World Gold Survey, predicting an annual gold price performance that has not been seen in five years.Read full newsRead More
"$FPX FPX Nickel says nickel prices will continue to rise after years of being in oversupplyhttps://t.co/w7jQ6jxer3 via @TheStockTube @FPX_Nickel #FPX #brighterir #AndrewScottTV #christicorrado #Doporto #stevedarling #CapitalNetwork1"Read full newsRead More
Information made public by the Canadian Broadcasting Corporation states that management at Dominion Diamond Mines is worried about the profitability of its Ekati mine, located in the Lac de Gras region of the Northwest Territories, approximately 300 kilometers northeast of Yellowknife.The CBC quotes an official who said that, given such concerns, construction of a new open pit at the mine has been...Read More
Pacton Gold Inc. (TSXV: PAC, OTC: PACXF) (the 'Company' or 'Pacton') is pleased to announce that it has closed its previously announced brokered private placement for gross proceeds of $5,550,500 (the 'Offering'). Sprott Capital Partners acted as lead agent, on behalf of a syndicate of agents including Red Cloud Klondike Strike Inc. (collectively, the 'Agents...Read More
North American gold-backed exchange traded funds saw inflows in April at the highest since September 2017, as a U.S.-China trade war stand-off, tensions over Syria and worries over possible U.S. sanctions on Russia ushered in safe-haven purchases.This happened amid a strong U.S. dollar and expectations for the U.S. Federal Reserve to increase interest rates, which makes dollar-priced gold a less a...Read More
Mines and Money Daily Issue 37 Onsite report from Mines and Money New York. by Andrew Thake, Mines and Money This year's Mines and Money New York kicked off on Tuesday.Read full newsRead More
World's largest stock exchange, the NYSE, is planning to build a proper cryptocurrency trading platform for investors. (File Photo) The New York Times has reported that the New York Stock Exchange (NYSE) and its parent company, the International Exchange (ICE) are currently wor...Read full newsRead More
Angkor Gold (TSXV:ANK, OTC:ANKOF) ("Angkor" or "the Company") the "Company") a leading Canadian gold and copper mineral explorer in Cambodia, is pleased to announce that it is proceeding with a financing for up to CDN $2 million in unsecured convertible notes of the Corporation (the 'Notes').Read full newsRead More
Iran's gold demand will probably be "strong" for the next few months and then gradually decline as U.S. sanctions start to take effect, according to the researcher who covers the country for Metals Focus Ltd.Read full newsRead More