Copper vs. OilThe Q1 2018 meeting of the Incrementum Fund's Advisory Board took place on January 24, about one week before the recent market turmoil began. In a way it is funny that this group of contrarians who are well known for their skeptical stance on the risk asset bubble, didn't really discuss the stock market much on this occasion. Of course there was little to add to what was already talk...Read More
Full Article: Raising Rates Reflect Bigger Debt Not Faster GrowthBy: Peter SchiffWhile investors are justifiably focused on what may be the opening crescendo of a long overdue sell-off in stocks, there is not, as of yet, as feverish a discussion of the parallel sell-offs in bonds and the U.S. dollar, which have been underway for at least a year and a half in bonds and 14 months for the dollar. I...Read More
Source: BloombergGold on Wednesday enjoyed its best trading day since June 24, 2016 when financial markets were shocked by Britain voting to leave the European Union.The most active gold futures contract on the Comex market in New York touched a high of $1,358.60 an ounce in midday trade, up more than 2% or nearly $30 an ounce compared to Tuesday's settlement after inflation data in the US came in...Read More
Colorado School of Mines hosted the largest Spring Career Day in its history Feb. 13, with a record 248 companies present.Hundreds of students entered the Student Recreation Center for the chance to speak to recruiters about opportunities. For some students, that meant waiting in the long lines that formed at larger companies. Among the larger employers at Career Day were Kiewit, Martin/Martin, Or...Read More
Amy Landis, presidential faculty fellow for access, attainment and diversity at Colorado School of Mines, has been invited to speak about diversity in STEM at the 2018 American Association for the Advancement of Science Annual Meeting Feb. 15-19 in Austin, Texas. Landis, who leads the President's Council on Diversity, Inclusion and Access at Mines, will present during two sessions at the conferen...Read More
The Mining Engineering Department at Colorado School of Mines has received approval from the Board of Trustees to launch an innovative new graduate degree program. The Professional Masters in Mining Engineering and Management is an advanced degree that focuses on the practical integration of the technical, financial, management and other linked disciplines that make up the mining industry today. T...Read More
Canada-listed Fura Gems (TSX-V:FUR), a new gemstone mining and marketing company headed by former COO of Gemfields (LON:GEM) Dev Shetty, is stepping up efforts to kick off operations at some of its key assets and so take advantage of a growing demand for coloured precious rocks.The company, which began operations less than a year ago, in May 2017, has good reasons to be in a rush. Sales of emeral...Read More
Canada's IAMGOLD Corp. (TSX IMG), (NYSE: IAG) has kicked off a feasibility study for its C??t?(C) Gold Project, located in the Abitibi gold belt in Ontario, and said a construction decision should be made in the first half of 2019.Last year, the Toronto-based miner sold a 30% interest in the proposed open pit mine to Japan's Sumitomo Metal Mining, the Asian nation's No. 1 gold producer, but it re...Read More
Shares in Africa-focused Botswana Diamonds (LON:BOD) received a much-needed boost on Wednesday after the miner announced it had has raised ?500,000 (about $695,060 at current rates) to fund ongoing exploration in South Africa and Botswana.The company said the sum was collected through the issue of 50-million shares to new and existing investors at a price of 1p a share.Miner will begin expl...Read More
Shares in Canada's largest diversified miner Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK) were down almost 4.9% in New York premarket after reporting weaker than expected earnings for the three months to December and a 10% drop in revenue.The Vancouver, British Columbia-based company logged a profit of Cdn$700 million or Cdn$1.21 per share for the forth quarter of the year, compared to Cdn$9...Read More
http://www.mining.com/Argentina's national government is pressing ahead with its intentions to make of mining one of the pillars of job creation, and it's holding talks with the leaders of the three provinces that declined to sign a 2017 mining act, which harmonizes taxes and regulations in hopes of attracting investment.Mining secretary, Daniel Meil??n, told local paper El Diario that the governm...Read More
Self-destruction usually happens in stages. At first there's a binge in which the thrill outweighs the sense of transgression. This is usually followed by remorse, acknowledgement of risks, and an attempt to reform. But straight-and-narrow is exhausting, and because of this is frequently just temporary, eventually giving way to a kind of capitulation in which the addict drops even the pretense of...Read More
Back in 1960, representatives from five countries met in Baghdad and changed the world.Their goal was simple: to coordinate and unify petroleum policies among member countries in order to secure fair and stable prices for petroleum producers.Together, they formed what we know today as OPEC.The five founding members of OPEC - Iran, Saudi Arabia, Kuwait, Iraq, and Venezuela - were among the largest...Read More
Parenting for Freedom article series: This is the sixth in a series of articles that analyzes how freedom-loving people can align their parenting with their political philosophy, and how doing so will allow ideas about personal liberty to carry on to the next generation.The best reason to have kidsThis is my final article in a series about how parents can apply principles of freedom to raising the...Read More
Parenting for Freedom article series: This is the sixth in a series of articles that analyzes how freedom-loving people can align their parenting with their political philosophy, and how doing so will allow ideas about personal liberty to carry on to the next generation.The best reason to have kidsThis is my final article in a series about how parents can apply principles of freedom to raising the...Read More
Dow Jones closes up 0.16% or 39.18 points at 24,640.45Indices lifted by heavyweights like Amazon, AppleMarket still cautious ahead of CPI data Stocks managed to edge slightly highly, boosted by heavyweights - Amazon.com, Apple Inc, and Goldman Sachs Group Inc. as the market remained wary of the January inflation data that are due for release on Wednesday.The Dow Jones Industrial Average close...Read More
CloseGain/LossGold $1329.30+$8.00Silver$16.57+$0.05XAU81.06-0.03%HUI180.45UNCHGDM615.81+0.37%JSE Gold1170.31+51.97USD89.69-0.45Euro123.51+0.59Yen92.78+0.76Oil$59.19-$0.1010-Year2.829%-0.028T-Bond144.75+0.34375Dow24640.45+0.16%Nasdaq7013.51+0.45%S&P2662.94+0.26% The Metals: Gold gained $9.40 to $1330.70 in London before it fell back to $1322.90 in early New York trade, but it then rallied b...Read More
- Gold has outperformed equities and bonds over the long term - PwC Research- Gold is up 6.7% and 6.8% per annum over 10 and 20 year periods; Stocks and bonds returned less than 5.2% respectively over same period (see PwC table)- From 1971 to 2016 (45 years), "gold real returns were approximately 10% while inflation increased 4%"- Gold also valuable due to lack of correlation and hedge against...Read More
FTSE 100 closes down 9.05 pointsUK Jan inflation comes in higher-than-expectedTUI shares jump after earningsMiners cling onto gains CloseThe FTSE 100 closed slightly down, after a choppy session, taking its lead from the stronger pound, which was boosted by the stronger-than-expected January inflation data - reaching close to its highest level in nearly six years.The FTSE 100 eased 0.13%...Read More
Golden Predator Mining Corp. (TSXV:GPY) (the "Company" or "Golden Predator") is pleased to announce that it has completed its previously announced overnight marketed offering, including a partial exercise of the underwriter's over-allotment option (the "Offering").Read full newsRead More