Via Sovereignman.comI'm doing my best to take a few days off this week, and have the pleasure of spending time with some friends here in a fairly remote corner of Vietnam's magnificent coastline.This is one of the most pristine places I've ever been- a high-end resort nestled at the top of a mountain in the middle of nowhere overlooking Vietnam's postcard-perfect Vinh Hy Bay.I've traveled extensiv...Read More
CloseGain/LossGold $1325.70-$18.60Silver$16.29-$0.22XAU79.64-1.97%HUI172.78-1.99%GDM605.54-2.00%JSE Gold1131.25+13.20USD90.13+0.74Euro123.06-0.98Yen93.56-1.44Oil$64.38-$0.8710-Year2.773%-0.008T-Bond145.8125+0.1875Dow23848.42-0.04%Nasdaq6949.23-0.85%S&P2605.00-0.29% The Metals: Gold saw slight gains in early Asian trade, but it then fell back off for most of the rest of th...Read More
The comments above & below is an edited and abridged synopsis of an article by Tyler DurdenIn its scramble to reflate the biggest asset bubble in hopes of inflating away the $233 billion in global debt, which at 318% of world GDP has never been higher, the Fed took a wrong turn somewhere, and instead of successfully sending 'inflation' assets into the stratosphere, it successfully reflated deflati...Read More
By Nicholas LePan, GoldSeek.com Goldsource Mines Inc. (TSX-V: GXS) plans on developing from operating a small pilot gold mine to a junior gold producer in the coming few years with a potential production estimate of 50,000-70,000 ounces per year at its 100-per-cent owned Eagle Mountain Gold Project in Guyana. In the second part of 2018, if the company receives successful economic Pre-Feasibil...Read More
In early March, RT.com, the Russian based media network, asked me for comments and opinion on the subject of central bank manipulation of gold prices.The comments and opinion that I supplied to RT became the article that RT then exclusively published on its website on 18 March under the title “Central banks manipulating & suppressing gold prices - industry expert to RT“. This artic...Read More
Charles Hugh Smith, author of OfTwoMinds.com, explains what he means by stating, No "Free Trade"- Only Darwinian Game of Trade.Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of Two Minds now attracts some...Read More
Comex copper prices once again saw selling pressure during midweek trading on Wednesday March 28 with a stronger dollar weighing on the base metals complex. Copper for May settlement on the Comex division of the New York Mercantile Exchange fell 1.10 cents or 0.4% to $2.9905 per lb. The contract has been volatile over the past few weeks, with prices recently hitting a six-month low....Read More
The comments above & below is an edited and abridged synopsis of an article by Tyler DurdenChina's yuan-denominated crude oil futures have launched in Shanghai, with 62,500 contracts traded in aggregate. Over 62 million barrels of oil changed hands for a notional volume around 27 billion yuan (over $4 billion).After an initial surge in volume that outpaced overnight transactions in global benchmar...Read More
Nevada has been a prized gold exploration jurisdiction, and Michael Allen, CEO of Northern Empire Minerals, sat down and spoke with Maurice Jackson of Proven & Probable about his company's exploration efforts on its permitted mine. Northern Empire Sterling Gold ProjectMaurice Jackson: Welcome to Proven & Probable, where we focus on metals, mining and more. Today we will discuss a company that is...Read More
Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More
The comments above & below is an edited and abridged synopsis of an article by John RubinoRecent commitment of traders (COT) reporting for gold and silver offered more of the same: The gold futures action is boring, and the silver futures action is strange and exciting.Starting with gold, the large speculators-who tend to be wrong at big turning points-got a little less optimistic, while commercia...Read More
Base metals prices on the London Metal Exchange are down across the board by an average of 0.6% this morning, Wednesday March 28. Losses are bunched together between 0.9% for lead and 0.3% for aluminium, with copper off by 0.7% at $6,613 per tonne.Volume has been average with 7,833 lots traded as of 07:47 am London time. Although prices are lower, most of the metals seem to be trying to consolidat...Read More
By Ronan ManlyIn early March, RT.com, the Russian based media network, asked me for comments and opinion on the subject of central bank manipulation of gold prices.The comments and opinion that I supplied to RT became the article that RT then exclusively published on its website on 18 March under the title "Central banks manipulating & suppressing gold prices - industry expert to RT". This artic...Read More
The comments above & below is an edited and abridged synopsis of an article by John RubinoThe European Central Bank has acknowledged that the euro is being sucked into a deflationary vortex. It has responded with, in effect, a massive devaluation. Eurozone citizens have responded by converting their unbacked, make-believe, soon-to-be-worth-a-lot-less paper money into something tangible. They're bi...Read More
By Michael J. Kosares, USAGOLD"China's launch on Monday of its crude futures exchange will improve the clout of the yuan in financial markets and could threaten the international primacy of the dollar, argues a new report by Hayden Briscoe, APAC head of fixed income at UBS Asset Management. 'This is the single biggest change in capital markets, maybe of all time,' Briscoe said in a follow-up tel...Read More
CloseGain/LossGold $1325.70-$18.60Silver$16.29-$0.22XAU79.64-1.97%HUI172.78-1.99%GDM605.54-2.00%JSE Gold1131.25+13.20USD90.13+0.74Euro123.06-0.98Yen93.56-1.44Oil$64.38-$0.8710-Year2.773%-0.008T-Bond145.8125+0.1875Dow23848.42-0.04%Nasdaq6949.23-0.85%S&P2605.00-0.29% The Metals: Gold saw slight gains in early Asian trade, but it then fell back off for most of the rest of th...Read More
Michael S. "Mickey" Fulp is a Certified Professional Geologist with over 29 years experience as an exploration geologist searching for economic deposits of base and precious metals, industrial minerals, coal, uranium, and water in North and South America and China. Mickey has worked for junior explorers, major mining companies, private companies, and investors as a consulting economic geologist fo...Read More
“China’s launch on Monday of its crude futures exchange will improve the clout of the yuan in financial markets and could threaten the international primacy of the dollar, argues a new report by Hayden Briscoe, APAC head of fixed income at UBS Asset Management. ‘This is the single biggest change in capital markets, maybe of all time,’ Briscoe said in a follow-up telephone i...Read More