Without a restraint, the Federal Reserve is free to inflate Read More
Viewer Submitted Questions:Question 1. Jamie N: If the US Dollar was to collapse by 80%, would the CDN and every other currency also lose value since the USD is the standard and all currencies are pegged to it, or are other fiat currencies immune? Are we all in this together?Question 2. Don: If dollars flood back into this country because of us losing the petro dollar monopoly, then why can't thos...Read More
Copper miner Antofagasta is evaluating two options for expansion of its Centinela copper operations in Chile, and will approve one by the end of the year, the company's chief executive officer told Metal Bulletin.Expansion is part of a plan to use the company's capital for growth in a disciplined manner and to ensure that Antofagasta maximizes the returns on its investment, Iv??n Arriagada said du...Read More
Vancouver, British Columbia - April 11, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Rise Gold Corp. (CSE: RISE) (OTC Pink: RYES) ("Rise" or the "Company") announces a non-brokered private placement of up to 35,000,000 units at a price of CDN$0.10 per unit for gross proceeds of CDN$3,500,000 (the "Private Placement"). Each unit will consist of one share of the Company's common stock and one...Read More
Just when everyone was getting used to gold sitting around and doing nothing while tech stocks provided non-stop thrills and chills, the metal took off this morning on the "news" (read "Tweet") that Trump is aiming some cruise missiles at Syria. Now the $1,360 resistance level that has been an absolute brick wall since 2014 is looming once again, and gold-bugs are - once again - wondering where...Read More
The comments above & below is an edited and abridged synopsis of an article by Charles Hugh SmithThe people have finally turned against the privileged elites, who have benefited greatly from globalization, corruption, central bank stimulus and the profiteering of state-enforced cartels. It doesn't matter whether they are turning left or right; the important thing is that the powerless have finally...Read More
By Ira EpsteinGold rallies on threat of strike against Syria.https://www.iraepstein.com/ Read More
A Toronto-based graphite company makes headway in Madagascar, Brazil, India and Korea, potentially impacting the graphite industry in a major way. Lithium-ion batteries contain much more graphite than lithium, so much so that Tesla's Elon Musk has joked that they should be called nickel-graphite batteries. With a renewed focus on graphite, one company with a low-cost source of graphite has come i...Read More
Base metals prices on the London Metal Exchange are consolidating this morning, Wednesday April 11, following a strong recovery in the previous session.Copper and nickel were down by 0.5% and 0.4% respectively at the time of writing, while the rest were mostly unchanged - the exception being tin which was up by 0.5% at $21,030 per tonne.Volumes traded were somewhat lighter than usual, with 5,647 l...Read More
The comments above & below is an edited and abridged synopsis of an article by Tyler DurdenHome prices in the US have rocketed to within 1% of their highs from 2006. Conventional wisdom says that real-estate values in urban centers could never fall. The perception is that world-class cities will never go out of style, and their already high density limits supply.But what happens when too many peop...Read More
TOPICS IN THIS INTERVIEW:01:00 Seven year economic cycles and the trade deficit05:30 Are we in an overinflated market?05:30 "Banks are not as safe as we think!"06:15 How bad can the markets get?06:55 "Banks are not as safe as we think!"08:45 The connection between the cryptocurrencies and stock market's downturn12:50 Gold markets outlook for 2018/1914:10 The blunt reality of the global economyChar...Read More
Cranbrook, B.C., April 11th, 2018: Eagle Plains Resources Ltd. (TSX-V: "EPL") (the "Company") announces that it has received formal approval from the Court of Queen's Bench of Alberta - the final step in completing the spin-out of Taiga Gold Corp. Shareholders of Record on April 12th, 2018 will receive one share of Taiga for each two shares of Eagle Plains. Shareholders voted overwhelmingly in f...Read More
Domestic prices for hot-dipped galvanized coil (HDG) in the EU were unchanged this week, sources told Metal Bulletin on Wednesday April 11.The HDG market sector is following a trend similar to that seen in the hot-rolled coil (HRC) and cold-rolled coil (CRC) markets, where prices were stable while buyers slowly returned to the markets for re-stocking, according to market sources."Prices are likely...Read More
The comments above & below is an edited and abridged synopsis of an article by Value WalkOn October 16, 1929, Yale economist Irving Fisher wrote in the New York Times that "Stock prices have reached what looks like a permanently high plateau." Eight days later, on October 24, 1929, the stock market began a 4-day crash on what became known as Black Thursday. This crash cost investors more than Worl...Read More
CloseGain/LossGold $1351.10+$10.40Silver$16.66+$0.08XAU83.69+2.14%HUI182.93+3.23%GDM635.47+2.36%JSE Gold1118.09+28.31USD89.56-0.06Euro123.64+0.07Yen93.61+0.37Oil$66.82+$1.3110-Year2.780%-0.013T-Bond146.28125+0.34375Dow24189.45-0.90%Nasdaq7069.03-0.36%S&P2642.19-0.55% The Metals: Gold gained $24.40 to as high as $1365.10 in late morning New York trade before it fell back u...Read More
The comments above & below is an edited and abridged synopsis of an article by John RubinoFinancial crises tend to start at the periphery and work their way into a system's core. Think subprime mortgages (a tiny niche of a few hundred billion dollars) that blew up in 2007 and nearly brought the curtain down on the whole show.There's no guarantee that the same dynamic will play out this time, but s...Read More
Ron Paul talks about what it might take to restore the U.S. economy to the egalitarian income distribution as it was before the 1971 removal from the gold standard.Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwaverin...Read More
Domestic prices for cold-rolled coil (CRC) in Europe have been stable over the past week despite slow market activity, sources told Metal Bulletin on Wednesday April 11.Market activity has been slow because distributors are more focused on selling material from stock than on making new deals with mills.The distributors are expected to start re-stocking by the end of this month, according to market...Read More
By Steve St. AngeloAs the U.S. and global economy speed towards the Seneca Cliff, very few individuals understand the fragile nature of currencies. Today, we use the lightning speed of the digital banking system to make our purchases at the store or online. It has become seemingly natural to buy groceries at the swipe of a card. Only a small percentage of purchases are made with cash... pa...Read More