Economics & Trump trade wars Ultimately gold has to rise. Corrections should be used to invest for the medium term to long term. Trump proposes to slap another $200 billion import tariff on Chinese goods. The real motive behind the imposition of tariffs on Chinese goods is to prevent China catching up with the USA on technology. Chinese companies are investing in new technologies to try and cat...Read More

Full Article: North Korea, Trade Wars, Precious Metals and BitcoinBy: Bob MoriartyMaurice Jackson:Joining us for a conversation is Bob Moriarty, the founder of 321gold, and 321energy.com, and the author of two of my personal favorite books, the Art of Peace, and Nobody Knows Anything. Mr. Moriarty, welcome to the show, sir.Full Article: North Korea, Trade Wars, Precious Metals and BitcoinBy: Bob...Read More

Anglo's activity in the remote area has sparked a staking rush, with junior Altamira Gold Corp (TSXV: ALTA) further adding to its ground on the Juruena belt in Mato Grosso last month."These new claims are located less than 60km from the recent copper discovery by Anglo American which sparked a major staking rush in September 2017," Altamira said in May.Anglo has confirmed to Reuters it had obtaine...Read More

SHANGHAI, Jun 19 (SMM) –Copper: LME copper tumbled to a low of $6,918/mt on Monday. Worries of a slowdown in China’s economic growth grew as May data fell short of expectations. US-Sino trade tension further unsettled the global base metals market. We expect LME copper to trade at $6,950-7,020/mt today with the SHFE 1808 contract at 51,900-52,500 yuan/mt. Spot discounts are seen a...Read More

Among the highlights, Pretium reported 1m at 58.7g/t within 90.21m at 1.71g/t gold.The holes were drilled east from Valley of the Kings underground development and confirmed mineralisation continued to beneath the Flow Dome Zone, with features also suggesting increased proximity to porphyry style mineralisation beneath this zone.Pretium said it would use the results to plan future drilling to focu...Read More

June 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 4 points lower at 7,627 on Tuesday, according to financial bookmakers.* ANGLO AMERICAN: Miner Anglo American Plc AAL.L clinched hundreds of permits this month to explore for copper in a remote part of northern Brazil, Brazilian authorities said, as the growing electric vehicle market and a scarcity of shovel-ready mining projects...Read More

Bonterra said had entered a binding letter of intent, to acquire all of Metanor's shares for C73c in equity consideration, which represented a 40% premium based on its 30-day volume weighted average price and put the value of the transaction at $78 million (US$59 million).Read More

Glencore Canada has right of first refusal over the silver stream transaction and has 60 days to purchase the agreement on the same terms, Falco said.Under the agreement, Osisko (TSX: OR) will buy 90% of Horne 5's payable silver, and up to 100% if it elects to make the optional, fifth deposit.It will make staged payments totalling up to $180 million, and will also purchase a secured, $7 million (U...Read More

Management at the BHP-controlled Escondida mine in northern Chile and the officials from the No.1 Workers Union met for the first time on Monday to discuss a new collective agreement for the union's 2,500 members.If a deal is not reached before their existing contract expires at the end of the next month then workers could begin an indefinite strike that would halt production from the giant operat...Read More

The company's shares started trading on the Nasdaq Stockholm Monday, less than two months after Atlas Copco shareholders voted to spin out the mining equipment and infrastructure businesses at the company's April 24 annual general meeting.The split had been planned for about a year, with Atlas Copco shareholders each receiving one Epiroc share for each of their Atlas Copco shares.Epiroc said its t...Read More

Mr. Nav Dhaliwal of Bonterra reportsBONTERRA TO ACQUIRE METANOR, EXPANDING STRATEGIC POSITION IN URBAN BARRY CAMP AND DE-RISKING POTENTIAL PATH TO PRODUCTIONBonterra Resources Inc. and Metanor Resources Inc.have entered into a binding letter of intent dated June 17, 2018,to combine Bonterra and Metanor to create an exciting new advanced Canadian gold exploration and development company focused on...Read More

For as long as we've been extracting gold out of the ground, the precious metal has been used as a store of wealth that has, with few exceptions, increased in value over time.One of those more recent exceptions was the period between 2011 and 2015, when gold prices dropped from nearly US$1,900 to sub-US$1,100 per ounce, forcing miners to seriously consider cutting costs and focus on the most profi...Read More

The past several months have been very good for companies in the resource sector and, more specifically, those in the oil segment. As the price per barrel of oil continues to increase higher (as it should), it is easy to understand why many shares are also trading at higher prices.As the future profits of oil companies are dependent on the price of oil, the correlation between the going price per...Read More

Gold is genuinely acting differently than other precious metals, as well as the commodity sector, although at first glance it's challenging to see. It is dollar strength that has been the predominant factor regulating and tapering any real upside moves in gold which continues to trade lower, now at its lowest price point this year. Read More

I spent 12 dollars on a soda this week... and it was worth every penny.In full disclosure, I would never think to spend 12 bucks on a soda. In fact, I almost never drink soda to begin with. But this was no ordinary soda...Now, it wasn't that expensive because I bought it at a price-gouging location like a movie theater, baseball game, or amusement park. It wasn't part of a fancy artisan cocktail....Read More

(Kitco News) - The current lull in the gold market will be shaken up by the ongoing trade tensions between the U.S. and China, boosting prices and the yellow metal’s safe-haven appeal, according to Capital Economics.“We expect the prospect of increased protectionism to be positive for gold prices,” the research firm’s commodities economist Simona Gambarini said in a Metals...Read More

(Kitco News) -Gold and silver prices are modestly lower in early-afternoon U.S. trading Tuesday. Goldfell to a six-month low and silver hit a four-week low today. The preciousmetals have fallen victim to a general sell off in the raw commodity sectoramid fears of a major world trade war developing. Adding to downside pressureon the metals today is a surging U.S. dollar index that hit an 11-month h...Read More

Gold ResourceCorp. (NYSE American: GORO) announcesthat construction has begun at its Isabella Pearl open-pit heap leach goldproject in Nevada. Clearing and grubbing operations began this week, andprocessing equipment is being readied for transport to the project site. “Wetarget first gold production from Isabella Pearl in less than 12 months fromtoday,” says Jason Reid, chief executi...Read More

Goldhas “descended into the abyss” despite intensifying trade tensions rattlingfinancial markets and leaving investors on edge, with an appreciating U.S.dollar the main factor pushing the precious metal lower, says Lukman Otunuga, research analyst atFXTM. “Withthe dollar likely to find ample support amongst the bullish sentiment towardsthe U.S. economy and heightened expecta...Read More

Is Gold in trouble? The shortanswer is yes. Gold has been tumbling for the last couple of days as themarkets starts to sell off. With the equities getting clobbered overnight thelast three sessions, gold has not been the safety asset that many believe itis.The lack of volatility inequities is helping to keep the pressure on the metals. We are not from theschool that gold is a safe-haven play but j...Read More