They say the United States is in a lot of debt - $21 trillion worth of debt is what they write in the papers...Is that a lot? It sounds like a lot, but how do we know?In the U.S.A., 1 trillion is 1,000 billion. To write it out, a billion is 1,000,000,000, and a trillion is 1,000,000,000,000. To put this in perspective, the total output of the U.S., the combined forces of 320 million people bust...Read More
The justice system is far from blind. And that is the point.The people in control exercise power by deciding when the rule of law is applied, and when it’s suspended.The other day we discussed how some people get 25 years in prison for driving while intoxicated, while others–law enforcement–only get probation for full-blown rape of a prisoner.But the government also gets to manip...Read More
By Susan TaylorTORONTO, March 29 (Reuters) - Canada's Eldorado Gold Corpfiled a new technical report for itscontentious Skouries gold mine project in Greece on Thursday,which said it "significantly" reduces the development'senvironmental footprint.The miner, which also filed updated reports for projects inTurkey and Canada, took a tough stand with Greece in November,freezing investment a...Read More
Refining charges (RCs) for imported blister copper continued to climb in China in March on ample stocks and softened demand for refined copper. The RC for 98-99% blister copper rose to $230- $250 per tonne on a cif basis on Thursday March 29, with spot deals of African brands reported to be close to $240 per tonne. This compared with the blister copper RC assessment of $200-$210 per tonn...Read More
Vancouver, British Columbia - March 29, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Prospero Silver Corp. (TSXV: PSL) ("Company" or "Prospero") is pleased to announce the results of the third hole of a 3-hole drill program at the Pachuca SE project close to the historic mining city of Pachua in Hidalgo State, Mexico. Prospero announced earlier this month that it had discovered a new gold an...Read More
SPX Trendline Battle, Relative Strength in RUTWe reviewed the daily charts after yesterday's close and noticed that the Russell 2000 Index, the NYA and transportation stocks all exhibited relative strength (the same holds actually for the DJIA), particularly vs. the FANG/NDX group. This is happening just as the SPX is battling with an extremely important trendline. As we pointed out before, relati...Read More
Kirkland Lake, Ontario - March 29, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Mistango River Resources (CSE: MIS) (the "Company") is pleased to report that the Company will drill test 7 anomalies from its newly acquired claim package in the Sackville/Aldina twps. Several identified targets derived from a IP survey and the recently completed work at its 100%-owned Sackville/Aldina Property...Read More
Prices in the light iron scrap market in the United Kingdom edged downward by ?5 per tonne on Thursday March 29, bringing last week's predictions by traders of imminent price falls to reality.Weaker export markets made larger merchants lower their prices, leading to the first drop in prices for four weeks, after three weeks of stability.Metal Bulletin's price assessment for UK grade-5C ferrous sc...Read More
Please Note: US Markets are closed tomorrow for Good Friday. CloseGain/LossOn WeekGold $1325.90+$0.20-1.47%Silver$16.34+$0.05-1.15%XAU81.12+1.85%-0.47%HUI175.41+1.52%-0.82%GDM612.39+1.10%-0.74%JSE Gold1127.39-3.86-0.34%USD90.06-0.07+0.68%Euro123.04-0.02-0.42%Yen94.05+0.49-1.72%Oil$64.94+$0.56-1.43%10-Year2.742%-0.031-2.49%Bond146.40625+0.53125+0.97%Dow24103.11+1.07%+2.42%Nasdaq7063.44+1.64%+1...Read More
RICHFIELD, Ohio (Reuters) - U.S. President Donald Trump said on Thursday his infrastructure plan will likely have to wait until after the November congressional elections.“You’ll probably have to wait until after the election, which isn’t so long down the road,” Trump said in a speech.Reporting by Steve Holland; Writing by Eric Beech; Editing by James Dalgleish Disclaimer:...Read More
A Word on 1987 Analogies - Why Even Bother?As our friend Dimitri Speck noted in his recent update, the chart pattern of the SPX continues to follow famous crash antecedents quite closely, but obviously not precisely. In particular, the decisive trendline break was rejected for the moment. If the market were to follow the 1987 analog with precision, it would already have crashed this week. Neverthe...Read More
NEW YORK, March 29 (Reuters) - The Federal Reserve provided $79 million of liquidity to foreign central banks in the latest week via its swap lines for foreign central banks, the New York Fed said on Thursday.The European Central Bank swapped $79 million with a term of 7 days and a rate of 2.21 percent.The Federal Reserve has established swap arrangements with the Bank of Canada, the Bank of Engla...Read More
The European aluminium secondary market has set a fresh 2018 low for the seventh straight week due to falling London Metal Exchange and scrap prices as well as increased availability. Metal Bulletin's assessment of secondary aluminium 226 diecasting ingot prices fell to ?,?1,760-1,810 ($2,176-2,238) per tonne on Thursday March 29, down from ?,?1,790-1,840 per tonne on March 23. "It is a stran...Read More
Randgold Resources' Chief Financial Officer, Graham Shuttleworth, announced today that since the company declared its maiden dividend for the 2006 financial year, its dividends have increased by 1,900%. "Randgold Resources had one of the best years in its history of achievement and delivery in 2017, posting another production record of an already high base and pruning the cost of production to its...Read More
Celente talks about Russia phobia, the provocations and accusations towards Putin, and the serious doubts about the sanity and stability of UK Government with Theresa May and Boris Johnson. He also talks about the markets, money, of hope and a better world and system for humanity.Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the nati...Read More
Tom Gallo, an analyst with Canaccord Genuity, makes the case for investing in this company with a "top-tier" mine in Northern Ireland. A March 26 research note indicated Canaccord Genuity transferred primary coverage of Dalradian Resources Inc. (DNA:TSX) to Tom Gallo from Eric Zaunscherb. "Our view remains that the company's wholly owned Curraghinalt project, one of the highest grade, undevelope...Read More
* Fifth straight quarterly decline of dollar index* Euro steady after strong German jobs data (Updates market action)By Saqib Iqbal AhmedNEW YORK, March 29 (Reuters) - The dollar was little changedagainst a basket of currencies on Thursday, as its rebound froma five-week low, touched earlier this week, ran out of steamamid subdued trading activity ahead of the long Easter weekendin many of the wor...Read More
To understand how enzymes work,scientists need to make molecules involved in enzymatic activities visible through techniques such as fluorescence microscopy.However, many times molecules cannot be detected because they don't emit light. Gold can be the solution to such problem. A researcher with the Leiden Institute of Physics decided to tackle the issue by attaching single molecules to gold nanor...Read More
Chart NotAvailableSymbol DataSymbolCurrencyASX:MZNAUDDescriptionMarindi Metals are a junior, project generator looking for goldLogin or Subscribe to access Don's SummaryAlert me when stock is updatedQuick LinksLogin to accessGeneral DetailsFinancial03/28/2018LastAnalysisDataCurrent DataChangeItemValueValueUpdatedValueMkt. Cap (FD):$15.54M$14.19M03/28/2018$-1.36MTotal Assets:$5.43M$5.46M03/28/2018$...Read More
Representatives of major international mining companies active in the Democratic Republic of Congo (DRC) have submitted a formal proposal to the country's Ministry of Mines that they say is designed to address their concerns about the recently-revised mining code as well as the government's revenue needs. Among other things, the proposal includes linking a sliding scale of royalty rates to the pri...Read More