The Paycheck Protection Program (PPP) was authorized by Congress under the CARES Act and is being overseen by the Small Business Administration Continue...Read More
"We can simply work through the 14-day quarantine periods that have worked so well in terms of returning Australians to this country safely."Continue...Read More
Holdings in gold-backed ETFs charted another all-time high in May as inflows in dollar-terms Continue...Read More
This compelling new research from Jeff Clark, while only a possibility, outlines a catalyst so immense that it could alter the silver market for a generation or more. Continue...Read More
Jim Bianco, Bianco Research president, on what's next for the markets.Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim's commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades long reputation for objective, incisive commentary that chall...Read More
Black Tusk Resources reported that it has commissioned a 3D Induced Polarization Survey on the McKenzie East Gold Project. In a news release, Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) announced that "it has contracted Abitibi Geophysics in Val d'Or, Quebec to undertake their OreVision 3D Induced Polarization Survey (IP) on the McKenzie East gold property located north of Val d'...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.US prices continue to hold Seamless oil country tubular goods (OCTG) and line pipe prices remained unchanged for the third straight month in June, and we expect them to remain stable through the summer before edging higher on the back of a measured rise in drilling rates.The lack of price movement in recent months does not i...Read More
Prices for hollow steel sections in Europe continued to move down on Wednesday June 17, with feedstock prices continuing to fall ahead of the imminent renewal of the EU's import quotas, sources told Fastmarkets.Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?540-560($610-633) per tonne on Wednesday, down from ?,?550-560 per tonne a week e...Read More
Mike Gleason: It is my privilege now to welcomeback Michael Pento president and founder of Pento Portfolio Services. Michaelis a well-known money manager, market commentator, and author of thebook, The Coming Bond Market Collapse: How to Survive the Demise of theU.S. Debt Market. He's been a regular guest with us over the years, andit's always a pleasure to have him on with us. Michael,...Read More
Sales of passenger cars in Europe tumbled by 52.26% year on year in May 2020, marking the fifth consecutive month of decline.New car sales in Europe totaled 581,161 vehicles in May 2020, down from 1,217,259 units sold in the corresponding month of 2019, the European Automotive Manufacturers Association (ACEA) said on Wednesday June...Read More
Stewart Thomson, Graceland Updates 1. Gold investors are eager to see the current price reaction end and a fresh uptrend begin. Oscillator buy signals, rising volume, and bullish price patterns are beginning to appear in some gold stocks, and that's a good sign. 2. Please click here now. Double-click to enlarge this daily gold chart. The best word to summarize both the fundament...Read More
By: Ira EpsteinGold 1706.20 support, swingline in gold's favor. 18-dma at 1728 area:Read More
Gold investment demandremains strong, buoying the yellow metal and its miners’ stocks. Investors have continued actively diversifyinginto gold despite soaring stock markets and weaker summer seasonals. The Fed’s extreme money printing fuelingthese precarious stock-market heights is perilously inflationary, making uppinggold portfolio allocations essential. Thisongoing...Read More
Here are five Fastmarkets stories you might have missed on Wednesday June 17 that are worth another look.The European Commission (EC) has outlined plans to regulate access of foreign investors in the single market of the European Union, the commission said on its website on June 17.European Aluminium has called on the European Commission (EC) to address the distorting effects of foreign subsidies...Read More
Although the gold to silver ratio has tightened a bit, it remains elevated and could indicate more upside for silver, according to McAlinden Research Partners.Silver and silver miners popped in May on the back of a rebound in industrial activity around the world. Ultra-low interest rates and expectations of a weaker dollar have compounded several political pressures that begun popping up at the en...Read More
Here are five Fastmarkets stories you might have missed on Wednesday June 17 that are worth another look.The European Commission (EC) has outlined plans to regulate access of foreign investors in the single market of the European Union, the commission said on its website on June 17.European Aluminium has called on the European Commission (EC) to address the distorting effects of foreign subsidies...Read More
By Daniel R. Amerman, CFAWhile stocks were performing very poorly in the early days of the pandemic shutdowns, gold was doing quite well. There was another crisis investment that was doing even better however, as can be seen in the graph below, which shows price changes in percentage terms when compared to mid-February.Stocks are the green line, gold is the yellow line, and the red line is the p...Read More
By Jim Willie CB home: www.Golden-Jackass.com (new website) subscribe: Hat Trick Letter Jim Willie CB, editor of the "HAT TRICK LETTER" Use the above link to subscribe to the paid research reports, which include coverage of critically impo...Read More
At Eric Sprott's urging, we've been monitoring the daily abuse of the Exchange For Physical process since late 2017. However, since late March, the daily totals have fallen off dramatically. Why?Again, the "Exchange For Physical" process is an arcane feature of the COMEX futures market that allows a party to exchange a contract for "physical metal" off-exchange, usually in London. Abuse of this...Read More
Dave Kranzler, Investement Research Dynamic's Mining Stock JournalThe stock market promoting mainstream media this morning reported "U.S. Retail Sales Rose Record 18% in May" (e.g. the Wall St Journal). The S&P futures jumped from up 45 points to up 90 points.But, as usual, the details are in the fine print of the report itself, and it's apparent that nobody in the financial media bothered to...Read More