Recent News

Gold Seeker Weekly Wrap-Up: Gold and Silver Gain Almost 1% and 2% on the Week

April 13, 2018 / news.goldseek.com

 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

Crown Mining Corp. (TSXV: CWM) Files Technical Report and Preliminary Economic Assessment for Moonlight-Superior Project on Sedar

April 13, 2018 / www.investorideas.com

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

METALS MORNING VIEW 13/04: Metals prices in recovery mode while geopolitical tensions ease

April 13, 2018 / www.metalbulletin.com

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: Bond Bull is OVER

April 13, 2018 / marketsanity.com

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

This Really Is The Everything Bubble: Even Subprime Mortgage Bonds Are Back

April 13, 2018 / news.goldseek.com

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

Duckworth Capital Corp. (TSXV: DUKE.P) Announces Proposed Acquisition of Goldspot Discoveries Inc.

April 13, 2018 / www.investorideas.com

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

Harley Schlanger cuts through the BS and lends his insights into the current global environment

April 13, 2018 / marketsanity.com

"It's a very dangerous situation; there's no reason whatsoever for this to happen."Read More

The Deflation/Inflation Debate

April 13, 2018 / news.goldseek.com

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

Gold Miner Advances Nevada Mine Quickly into Stable Planned Production; Significant Cash Flow Awaits

April 13, 2018 / www.theaureport.com

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

COT Gold, Silver and US Dollar Index Report - April 13, 2018

April 13, 2018 / news.goldseek.com

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

Steve Keen - Debt Jubilee With a Twist

April 13, 2018 / marketsanity.com

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

TURKEY COATED FLAT STEEL: Prices fall, demand still slow

April 13, 2018 / www.metalbulletin.com

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

Senator Ted Cruz's Bill to Remove the Inflation Tax from Capital Gains Addresses a Symptom but Not the Cause

April 13, 2018 / news.goldseek.com

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 discusses the wild week in the precious metals markets as well as a few specific mining companies that he finds interesting

April 13, 2018 / marketsanity.com

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

TURKEY FLAT STEEL: Prices fall with demand still weak

April 13, 2018 / www.metalbulletin.com

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

Will Debt Leverage Leverage Gold? / Commodities / Gold and Silver 2018

April 13, 2018 / www.marketoracle.co.uk

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

Gold Seeker Weekly Wrap-Up: Gold and Silver Gain Almost 1% and 2% on the Week

April 13, 2018 / news.goldseek.com

 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

Gold Broke Out and Then Broke Down

April 13, 2018 / news.goldseek.com

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 Monthly Market Update with Rick Rule: Resource Opportunities in Uranium, Cobalt, and Gold

April 13, 2018 / marketsanity.com

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 proposes significant EU flat steel asset sell-off in pursuit of Ilva deal

April 13, 2018 / www.metalbulletin.com

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

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