CloseGain/LossOn WeekGold $1344.40+$9.20+0.86%Silver$16.64+$0.16+1.71%XAU84.08+1.59%+3.12%HUI183.43+1.67%+3.29%GDM638.75+1.36%+3.68%JSE Gold1114.27+29.32-0.34%USD89.76-0.02-0.38%Euro123.40+0.13+0.46%Yen93.10-0.16-0.54%Oil$67.39+$0.32+6.06%10-Year2.822%-0.008+1.62%Bond145.5625+0.1875-0.32%Dow24360.14-0.50%+1.79%Nasdaq7106.65-0.47%+2.77%S&P2656.30-0.29%+1.99% The Metals: Go...Read More
Toronto, Ontario - April 13, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Crown Mining Corp. (TSXV: CWM) ("Crown" or "the Company") is pleased to announce that it has filed a National Instrument 43-101 technical report for its 100% owned Moonlight-Superior Project titled "Technical Report and Preliminary Economic Assessment for the Moonlight Deposit, Moonlight-Superior Copper Project, Califo...Read More
Bargain hunting has returned to the base metals complex in the morning of Friday April 13, lifting prices on the London Metal Exchange by 0.6% on average. Trade tensions between the United States and China have relaxed in recent days after Chinese President Xi Jinping struck a conciliatory tone in a keynote speech. Meanwhile, US President Trump has toned down his rhetoric on military intervention...Read More
Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, f...Read More
Record student loan balances? Check. Trillion dollar credit card debt? Check. Six tech stocks dominating the Nasdaq? Check. Subprime auto loans at record levels? Check. All that's missing is subprime mortgages and we'd have every bubble base covered. Oh wait, those are back too, just under a different name: Subprime mortgages make a comeback with a new name and soaring demandThey were blamed for...Read More
Halifax, Nova Scotia - April 13, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Duckworth Capital Corp., (TSXV: DUKE.P) a capital pool company listed on the TSX Venture Exchange, announced that it has today signed a letter of intent to acquire the shares of Goldspot Discoveries Inc. ("Goldspot"). Goldspot is an Ontario-based company that leverages machine learning to reduce capital risk, while...Read More
"It's a very dangerous situation; there's no reason whatsoever for this to happen."Read More
By Alasdair Macleod"Na?ve inflationism demands an increase in the quantity of money without suspecting that this will diminish the purchasing power of the money." ?EURo Ludwig von mises, The Theory of Money and CreditIt is hardly surprising that with equity indices stalling, the financial community is increasingly worried that the long, steady bull market is coming to an end. Naturally, this...Read More
The Critical Investor profiles a miner that is ramping up its gold mine in Nevada on time and on budget.Pan Mine, Nevada1. IntroductionFiore Gold Ltd. (F:TSX.V; FIOGF:OTCQB) has progressed its Pan Mine in Nevada, U.S. in a very steady fashion, on time and on budget. Exploration for additional resources (and hopefully years of mine life as well) has been successful so far, and a new COO has been hi...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort234,45779,08552,761166,796342,448454,014474,294Change from Prior Reporting Period -22010,9977504,188-9,0254,7182,722Traders18569724856264170 Small Speculators LongShortOpen Interest 45,57425,294499,588 1,7293,7256,447 non reportable positionsChange from the previous reporting per...Read More
We connected with economist Steve Keen who unlike most practitioners of the dismal science actually proposes solutions that might even work. As almost anyone will tell you, the world economic system is a mess. There's way too much debt and not enough equity. Steve proposes paying everyone in the US a fixed amount of money. For those in debt, it would have to be used to pay it down. Those few among...Read More
Coated coil prices have decreased in Turkey because demand is still weak in the local and export markets, Metal Bulletin was told on Friday April 13.Domestic pricesOne Northern Turkish producer was offering 0.50mm hot-dipped galvanized coil (HDG) at $790-800 per tonne ex-works this week.A second producer in the same region was offering similar product at $825 per tonne ex-works, down from the prev...Read More
Washington, DC (April 13, 2018) - U.S. Senator Ted Cruz (R-Texas) has just announced he will introduce a bill to end taxes on capital "gains" that are simply a result of inflation. Cruz's inflation-indexing bill seeks to "expand economic growth and encourage more investment into the economy, helping create more opportunities for hardworking Americans." "If you invest a thousand dollars, and t...Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
Most flat steel prices in Turkey's domestic and export markets have gone down this week, and demand was still poor, market participants told Metal Bulletin on Friday April 13.Buyers were cautious because the Turkish lira lost value during the week, and also because of the threat of war between the United States and Russia, which could begin across the border in neighboring Syria.US President Donal...Read More
Attention,please! The leverage in the stock markethas been recently rising. As one can see in the chart below, the stockmarket margin debt surged more than $113 billion in 2017, one of the largestannual surges. Moreover, it was the ninth annual increase in a row. Chart1: Stock Market Margin Debt (in $ billions) from February 2010 to January 2018.Asa reminder, margin debt is a borrowing against inv...Read More
CloseGain/LossOn WeekGold $1344.40+$9.20+0.86%Silver$16.64+$0.16+1.71%XAU84.08+1.59%+3.12%HUI183.43+1.67%+3.29%GDM638.75+1.36%+3.68%JSE Gold1114.27+29.32-0.34%USD89.76-0.02-0.38%Euro123.40+0.13+0.46%Yen93.10-0.16-0.54%Oil$67.39+$0.32+6.06%10-Year2.822%-0.008+1.62%Bond145.5625+0.1875-0.32%Dow24360.14-0.50%+1.79%Nasdaq7106.65-0.47%+2.77%S&P2656.30-0.29%+1.99% The Metals: Go...Read More
By David MorganI've Been Helping My Subscribers Weather the Current Economic Mess. Now I Invite You to Join My Growing Circle of Successful Investors.The Morgan Report is all about YOU and how you can build and preserve Wealth for generations to come. We know it can sometimes seem a daunting task to protect your assets and preserve or grow your wealth. Over 15 years ago, a small group of us star...Read More
Sprott has seen broadly increasing client and institutional interest which has been lead by strong private placements. This interest is being driven by 2017 commodity performance, and now the equities show good value. Rick feels that some of the companies like Agnico-Eagle are likely to do quite well over the next couple of years. Increasingly they are being run as real businesses instead of lever...Read More
ArcelorMittal has told the European Commission (EC) it plans to sell-off a raft of its European flat steelmaking assets to seal its acquisition of Italian producer Ilva, the company said on Friday April 13.ArcelorMittal is proposing to sell all of the assets, and not simply a selection of them, a company spokesman confirmed to Metal Bulletin on Friday.Any sales would be conditional upon completion...Read More