"At no point did the FBI get warrants based on probable cause before Geek Squad informants conducted these searches. Nor are these cases the result of Best Buy employees Continue...Read More
The precious metals sector continues to correct and consolidate. Gold remains in a bullish consolidation. It recently reached resistance again and even though it has failed to breakout, it remains above long-term moving averages which are sloping upward. However, the gold stocks and Silver remain in correction mode. They are trading below the long-term moving averages and at the lower end of their...Read More
While everyone is "high fiving" over stocks holding up, the bond market is back to imploding. Already Treasury yields have bounced and are soaring higher in one of the nastiest breakouts in over 20 years.In a world awash in too much debt (global Debt to GDP is over 300%) this is a MAJOR problem.Most investors believe that the 2008 Crisis was the worst crisis of their lifetimes. They're mistaken......Read More
Many advocates of bitcoin and other cryptocurrencies have a na??ve belief that their digital assets are "beyond the reach of governments," "cannot be traced" and "cannot be frozen or seized."Continue...Read More
Offer prices from mills for European domestic steel beams rose slightly this week, helped by an uptick in scrap prices and more interest from customers, although buyers were less convinced about the health of the market, Metal Bulletin heard.Higher offer prices from mills widened Metal Bulletin's price assessment for S235-grade, 200x200mm category-2 H-beams made in Northern Europe upward by ?,?5 p...Read More
DEEPCASTER LLCFORTRESS ASSETS PORTFOLIO | LETTERS, ALERTS & ARTICLESHIGH POTENTIAL SPECULATOR | HIGH YIELD PORTFOLIOPreserve & Enhance WealthInvestment & Geopolitical Intelligence Markets were triggered and shocked a few days ago when the yield on the Bellwether U.S. Treasury 10-Year Note shot up over 2.9% which resulted mainly from Fed Chair Powell's hinting at the possibility of 4 rate hikes...Read More
"Did you think that the high-powered world of the LBMA would operate in a fish-bowl for all to see? We cannot take what is on the outside as evidence for what is on the inside."Thoughts of ANOTHER - October 1997LBMA Gold Price and LBMA Silver Price - Price Publication DelaysIn August 2014, the long-standing and tainted London Silver Fixing daily auction was replaced by a newly launched London Bull...Read More
Bill Murphy is a former American professional football player, financial commentator, and the chairman and director of the Gold Anti-Trust Action Committee (GATA), which was founded as a result of Murphy's essays on collusion among large financial institutions to suppress the price of precious metals. Murphy believes the price of gold is artificially low and has spent years lobbying the U.S. gover...Read More
CloseGain/LossGold $1322.10-$3.10Silver$16.48UNCHXAU78.97+0.23%HUI173.54+0.07%GDM605.40-0.08%JSE Gold1120.34-17.90USD90.13+0.55Euro123.15-0.98Yen94.15-0.20Oil$60.12-$1.0510-Year2.860%-0.022T-Bond144.6875+0.5625Dow24895.21+0.38%Nasdaq7427.95+0.42%S&P2738.97+0.45% The Metals: Gold fell $6.10 to $1319.10 in late morning New York trade before it bounced back higher into the close, but it still...Read More
Turkish steel producers spent Thursday March 8 without making any deep-sea scrap transactions, but they are still expected to book more cargoes for April, according to market sources.The mills have booked a number of deep-sea cargoes this week, leading to an increase in the prices."Today, the scrap market was quiet, but Turkish mills need more...Read More
Dave, the plumber who saves us every six or so months when a leaking pipe, water heater, or toilet threatens to destroy our walls and ceilings, was here the other day. As usual he fixed the problem right away and charged us less than expected. We love this guy.While he was working I asked him how business was going. He claimed to be swamped to the point of turning away jobs. I asked why he doesn't...Read More
VANCOUVER, BRITISH COLUMBIA / March 8, 2018 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to announce it has executed a Letter of Intent (the "LOI") with Orion Laboratories, LLC ("Orion") of Oak Ridge, Tennessee, and Light Metals International Inc. ("LMI") of Vancouver, British Columbia, to jointly develop and commercialize a new process for extractin...Read More
COLORADO SPRINGS, Colo., March 08, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American:GORO) (the "Company") today announced as of December 31, 2017, it increased proven and probable reserve tonnes by 32%, extending its Oaxaca Mining Unit's mine-life. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA....Read More
Dave, the plumber who saves us every six or so months when a leaking pipe, water heater, or toilet threatens to destroy our walls and ceilings, was hereContinue...Read More
Iron ore prices tumbled to $73 per tonne cfr China on Thursday March 8 amid a weakening Chinese steel market.Metal Bulletin's 62% Fe Iron Ore Index Today: $73.23 per tonne cfr QingdaoDaily change: down by $2.61 per tonneMonth-to-date average: $76.65 per tonneMetal Bulletin's 58% Fe Premium Index Today: $59.28 per tonne cfr QingdaoDaily change: down by $1.05 per tonneMonth-to-date average: $60.78 p...Read More
The financial media is awash with claims that Gary Cohn's resignation as Chief Economic Advisor is triggering a market collapse.While it's true that a market collapse is starting again, it has nothing to do with Gary Cohn.How do I know?Because Gary Cohn first wrote a resignation letter back in August 2017 in the wake of the Charlottesville mess... and stocks exploded higher beginning one of their...Read More
COLORADO SPRINGS, Colo., March 08, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American:GORO) (the "Company" or "GRC") today announced a seventh consecutive year of profitability, reporting net income of $4.2 million or $0.07 per share. Included in the financial results is a $7.3 million, or $0.13 per share, non-cash income tax expense related to the recently enacted Tax Cuts and Jo...Read More