Losing DecadesToo Much, Too FastA $6 trillion $10 Trillion Federal Reserve Balance SheetMastering Private MarketsLiving on Puerto Rico TimeRegular readers may have noticed me slowly losing confidence in the economy. Your impression is correct and there's a good reason for it, as I will explain today. The facts have changed so my conclusions are changing, too.I still think the economy is okay for...Read More
Here are five Fastmarkets MB stories you might have missed on Friday April 12 that are worth another look.Sentiment was unusually bearish at this year's Cesco week in Santiago, Chile, with copper market participants increasingly concerned that sluggish demand in China will limit the upside potential of the red metal price. Steel market participants in the United Kingdom and Europe renewe...Read More
Here are five Fastmarkets MB stories you might have missed on Friday April 12 that are worth another look.Sentiment was unusually bearish at this year's Cesco week in Santiago, Chile, with copper market participants increasingly concerned that sluggish demand in China will limit the upside potential of the red metal price. Steel market participants in the United Kingdom and Europe renewe...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpIt hit 626m at 0.62g/t gold and 0.11% copper from surface at Gran Bestia, which lies 1km no...Read More
Gold has faded from interest in the past couple months, overshadowed by the monster stock-market rally. But gold has been consolidating high, quietly basing before its next challenge to major $1350 bull-market resistance. A decisive breakout above will really catch investors' attention, greatly improving sentiment and driving major capital inflows. With gold-futures speculators not very long...Read More
Gold has faded from interest in the past couple months, overshadowed by the monster stock-market rally. But gold has been consolidating high, quietly basing before its next challenge to major $1350 bull-market resistance. A decisive breakout above will really catch investors' attention, greatly improving sentiment and driving major capital inflows. With gold-futures speculators not very long...Read More
Literally, the wheels are coming off. Panasonic, which supplies batteries that it manufactures for Tesla at the Gigafactory in Nevada announced that it was cutting back on its plans to expand production capacity at the plant. It also announced that it was suspending plans to produce batteries at Tesla's planned Shanghai Gigafactory. In an article in a Japanese business publication, Panasonic had l...Read More
Bob Moriarty ArchivesApr 15, 2019Every few years I come across a company that has extraordinary potential. I’ve just found another one and it may be one of the best yet.NovaGold was the first I came across. They were about $1 when I first wrote about them in 2001. They went to nearly $20 a share. Then dropped to $.46 in the crash of 2008. I believe junior exploration companies should be thou...Read More
Poli is executive chairman of ASX-listed Matsa Resources, a gold junior that has flown under the radar in recent years as it beavered away at the historic Lake Carey project in Western Australia'sRead More
Yamana Gold's copper-gold Chapada Mine in Brazil which Lundin Mining is acquiring. Source Yamana Gold Inc.Lundin Mining Corp. [LUN-TSX; LUMI-Sweden] said Monday April 15 that it has struck a deal to acquire Yamana Gold Inc.'s [YRI-TSX; AUY-NYSE] 100% interest in the Chapada copper-gold mine in Brazil for US$800 million.Under the definitive purchase agreement, Yamana will retain a 2.0% net smelter...Read More
The concentrator at the Kamoto Mine in the DRC. Source: Katanga Mining Ltd.Glencore AG's Katanga Mining Ltd. [KAT-TSX] unit has resumed the export and sale of a limited amount of cobalt that complies with both international and local Democratic Republic of Congo (DRC) transport regulations with respect to the level of uranium.In the fourth quarter of 2018, Katanga said it would temporarily suspend...Read More
On November 4, 2014, voters in Washington, D.C., approved Initiative 71, a ballot initiative that legalized the recreational use of cannabis for adults 21 and over.But there was a bit of a catch.Initiative 71 "allows adults 21 and older to possess up to two ounces of marijuana, grow up to six plants, and gift up to one ounce of pot to other adults 21 and older, but sales remain banned."So, in shor...Read More
Desert Mountain Energy Corp. (TSX.V: DME) is engaged in exploration and development of helium, oil & gas and mineral properties, in the Southwestern United States. At PDAC2019, we learned, from Irwin Olian, President and CEO of Desert Mountain Energy, the Company's current focus is on helium, which is in surging demand in the high-tech world. There is currently a worldwide shortage of helium, its...Read More
StrengthsThe best performing metal this week was palladium, up 0.24 percent as hedge funds cut bullish positioning to a six-month low, perhaps resetting expectations. Gold traders turned heavily bullish this week after being neutral last week as the Federal Reserve signaled interest rates will be on hold, ac...Read More
Dear Friend of GATA and Gold:Thanks to Zero Hedge for calling attention tonight to the interview of the Zurich-based financial letter The Market with James Grant, editor of Grant's Interest Rate Observer, wherein Grant remarks that the Federal Reserve is manipulating the stock market up and interest rates down. Grant calls the latter rigging "very near to a crime."But as always Grant has nothing...Read More
Investors have thrown caution to the wind as they bid up FAANG stocks to imprudent heights and provide overly generous bids for a few others that face serious jeopardy, including Tesla and Boeing. Even so, the herd evidently had second thoughts about one stock on Friday, pummeling the shares of Netflix when competitor Disney announced a new streaming service that will be bargain priced at $6.99...Read More
John Rubino says that all the gloom and doom stuff can be depressing, but it needs to be looked at as an investment thesis and a tremendous opportunity. Craig Hemke believes that interest cuts could happen much faster than believed if the stock markets start tanking. One thing is for certain, interest rates aren't going up anytime soon. It's the only weapon left in their arsenal. But will it work?...Read More
Lynette Zang shares her thoughts regarding the threats to the global financial system and her forecast for financial markets and society at large as we pass through the Great Reset.Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. Sh...Read More
Last week's arrest of Wikileaks publisher Julian Assange by the British government on a US extradition order is an attack on all of us. It is an attack on the US Constitution. It is an attack on the free press. It is an attack on free speech. It is an attack on our right to know what our government is doing with our money in our name. Julian Assange is every bit as much a political prisoner as was...Read More
The US has limited alternatives to deal with a possible recession. QE4 by any name will certainly be high on the Fed's list of warding it off. Lior says, "It's like a training that's going to crash at some point." You know it's going to happen and you can either jump now or later, but either way it's going to be painful and potentially dangerous.Lior Gantz has been called a thrill-seeking entrepre...Read More