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Supreme Court rules nonunion workers cannot be forced to pay fees to public sector unions

June 27, 2018 / marketsanity.com

"Supreme Court rules in favor of non-union workers who are now, as an example, able to support a candidate of his or her choice without having those who control the Union"Continue...Read More

Why Russia and Turkey are such gold bugs

June 27, 2018 / www.mining.com

(Bloomberg Opinion) - Since December 2017 Russia has cut its holdings of U.S. foreign debt by more than half. Instead, it's been increasing the share of gold in its international reserves. That's understandable behavior for a country that has to deal with an unpredictable U.S. sanctions policy, but it's also part of a trend. Foreign governments and international organizations account for a decrea...Read More

Michael Pento: Global Bond Market Warns of Recession

June 27, 2018 / marketsanity.com

The global central bank counterfeiting spree that began in 2008, which took balance sheets from $3t to $15t, has finally created the inflation that has been so Continue...Read More

Gold mining the least polluting in the metals sector - WGC

June 27, 2018 / www.mining.com

While gold production generates more greenhouse (GHG) emissions per tonne of finished product than many other bulk metals, the relatively small volumes produced each year mean total emissions from newly-mined gold are significantly lower than those generated by other metals, a new study shows.Gold production does generate more greenhouse (GHG) emissions per tonne of finished product than many othe...Read More

Harry Dent: There Are More Job Openings Than Unemployed!

June 27, 2018 / marketsanity.com

You're probably thinking that that's a paradox. If job openings are greater than the total unemployed for the first time since 2000 (when job openings were first measured), Continue...Read More

Philippine miners call for end of ban on big new projects

June 27, 2018 / www.mining.com

MANILA, June 27 (Reuters) - Philippine miners are urging the government to lift a six-year ban on new large-scale mining projects in the world's No. 2 nickel ore supplier after the state removed restrictions on fresh smaller ventures.The Department of Environment and Natural Resources said in a memorandum dated June 18, but not widely flagged, that a moratorium on government approvals for mining d...Read More

Mike Maloney: Socialism Debunked In 2 Sentences

June 27, 2018 / marketsanity.com

"I have ever understood why it is greed to want to keep the money you have earned, but not greed to want to take somebody else's money." - Thomas SowellMichael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment education companies. He is...Read More

Putin-Trump summit on agenda as John Bolton holds Moscow talks

June 27, 2018 / www.kitco.com

MOSCOW (Reuters) - U.S. National Security Adviser John Bolton held talks in Moscow on Wednesday with Russian officials ahead of a meeting with Vladimir Putin, part of an effort to lay the ground for a summit between the Russian president and President Donald Trump.Bolton, a lifelong hawk who warned last year before his own appointment that Washington negotiated with Putin’s Russia at its per...Read More

Gold seen fighting back as dollar rebound is poised to reverse

June 27, 2018 / www.mining.com

Much maligned gold is set to stage a comeback as the dollar weakens, according to Pictet Wealth Management.Bullion will climb to $1,320 an ounce by the end of the year, said currency strategist Luc Luyet, which compares with about $1,256 on Wednesday. While trade tensions haven't yet provided much support, an escalation combined with a slide in the dollar could lift prices, Geneva-based Luyet said...Read More

Bill King: The "Everything Bubble" Will Pop (Part 2/2)

June 28, 2018 / marketsanity.com

For Part 1 of this interview, CLICK HEREDespite the quiet price on gold: there are current serious gold buyers bidding this market. Wall Street is now automated - fewer humans & more robots. Russia didn't need to hack Hillary - they had her password! We discuss new stewardship of monetary policy as well as the impact of automation within Wall Street. Algorithmic based trading has massive implicati...Read More

Anthony Kennedy retiring from Supreme Court

June 27, 2018 / marketsanity.com

"Please permit me by this letter to express my profound gratitude for having had the privilege to seek in each case how best to know, interpret and defend the Constitution and Continue...Read More

OZ Minerals to complete Brazil-focused Avanco takeover

June 27, 2018 / www.mining.com

Australian copper-gold miner OZ Minerals (ASX:OZL) has begun a compulsory takeover Avanco Resources (ASX:AVB), after months of slowly increasing its interest in the Brazil-focused explorer.The Adelaide-based company said the fact it now owns more than 90% of Avanco allows it to acquire all of the remaining shares to acquire it entirely.OZ Minerals first launched its A$418 million-takeover bid fo...Read More

A 28-year-old Democratic Socialist just ousted a powerful, 10-term congressman in New York

June 27, 2018 / marketsanity.com

"This is not an end, this is the beginning. This is the beginning because the message that we sent the world tonight is that it's not OK to put donors before your Continue...Read More

Ghana OKs AngloGold plan to reopen mine that battled illegal miners

June 27, 2018 / www.mining.com

South Africa's AngloGold Ashanti (NYSE:AU) (JSE:ANG), the world's third-largest producer of the metal, said Wednesday it had received environmental permits to reopen its idled Obuasi mine in Ghana.The operation, which for years battled incursions by illegal miners, is expected to start gold production by the third quarter of 2019, at an initial cost estimated between $450 million to $500 millio...Read More

Trump's plan to crack down on foreign investment is much less harsh than expected

June 27, 2018 / marketsanity.com

"We will have the necessary tools to protect investments, whether it's China or anybody else...We are not singling out China, but we will protect technology Continue...Read More

Jordan Roy-Byrne: US Dollar Outlook & What it Means for Gold

June 26, 2018 / marketsanity.com

We do not focus too much on the US dollar because in the big picture Gold usually leads movements in the dollar. Continue...Read More

General Mills quarterly profit tops estimates

June 27, 2018 / www.kitco.com

(Reuters) - Cheerios cereal maker General Mills Inc (GIS.N) on Wednesday reported a quarterly profit that topped analysts’ estimates, as its efforts to reduce costs and improve distribution network paid off.Gross margins of the company, which is also known for its Haagen-Dazs and Betty Crocker brands, rose to 36.5 percent in the fourth quarter from 34.7 percent a year earlier.General Mills s...Read More

China Crisis: Shanghai Comp Bear Market Is Another Warning for US Markets

June 27, 2018 / www.theaureport.com

Technical analyst Clive Maund examines the Chinese stock market and the example it may be setting for the U.S. market. If there were any doubts that the Chinese stock market had entered a bear market, these were dispelled by the breach of key support at 3000 and plunge last week, which we can see to advantage on the 6-month chart for the Shanghai Composite index shown below. A tentative downtrend...Read More

Excelsior Mining Receives Long Awaited UIC Permit; Quick Capex Funding Around the Corner

June 27, 2018 / www.theaureport.com

The Critical Investor delves into the first new copper project fully permitted in Arizona in a decade.Johnson Camp MineDespite copper and other base metals being punished these days, and mining sentiment not at its best with China being drawn into a potential trade war with the U.S., Excelsior Mining Corp. (MIN:TSX; EXMGF:OTCQB) proved a lot of nay-sayers wrong on June 25, 2018. The company was gr...Read More

Will the Full Moon Mark a Turning Point for Gold and Silver?

June 27, 2018 / www.theaureport.com

Bob Moriarty of 321 Gold discusses the theory that there is a relationship between the full moon and the price of gold. For several months I have been beating the drum saying that there would be a tradable low for the precious metals in the June/July timeframe. The way to be fairly certain would be using the Commitment of Traders report and Daily Sentiment Indicator to mark an extreme of sentimen...Read More

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