CAPE TOWN – Zimbabwe's mineral resources have a huge potential to drive the economy in the future, with lithium, gold and diamonds seen leading the way, its mines minister Winston Chitando said.In a presentation to an annual conference on investing in African mining, running from February 5 to 8 in Cape Town, Chitando said the country had a diversified mineral endowment, with investment...Read More
RAPAPORT... Rio Tinto's diamond revenue rose 15% to $706 million in 2017,as global rough demand increased and Indian manufacturers replenished stockfollowing demonetization. Profit in the diamond unit almost doubled over the previous year, climbing 96% to $92million. Earnings before interest, tax, depreciation and amortization (EBITDA)grew 20% to $287 million. "Rough diamond demand was solid in 20...Read More
Published on: Feb 7, 2018 | by finfeedCastillo Copper (ASX:CCZ) today revealed to the market that significant massive sulphide mineralisation has been drilled at the historic Cangai Copper Mine, situated at the Jackaderry Project, NSW.Outstanding drilling logs confirmed that seven out of eight and a half drill-holes intersected sulphide mineralisation, with the best intersecting 30 metre thick min...Read More
Feb 08, 2018 Guest(s): Phillip Streible Senior Market Strategist, RJO Futures Silver has been lagging behind gold in terms of growth in the last year, but one analyst said that now may be a good time to buy into silver. According to Phil Streible, senior market strategist at RJO Futures, a gold-silver ratio above 80 signals a strong buy for silver. The gold-silver ratio was last at 80.43 at the...Read More
*This interview was recorded on 2/7/18Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first ever financial war games conducted by the P...Read More
Feb 13, 2018 Despite gains earlier this week, gold's price is depressed and should be trading higher. "[Gold] should be a lot higher," Todd 'Bubba' Horwitz of bubbatrading,com told Kitco News, "we should be making new highs with the pressure on equities and what's going on with the dollar." On equity markets, Horwitz said that investors should brace for volatility in the year ahead. "I think the m...Read More
Feb 13, 2018 Guest(s): Dennis Gartman Publisher, The Gartman Letter Market watch Dennis Gartman said he is "reasonably impressed" by gold's upbeat performance Tuesday but is stopping short of saying the metal is in an official bull run."I would say it's a bullish market for gold...I wouldn't go on a limb and say it's a bull market." he said in an interview Tuesday. "Spot gold getting upward thro...Read More
LONDON, 7 February 2018 - Gold trading volumes have leapt on BullionVault amid the global stock-market slump reports today's edition of The Times, the UK's fifth best-selling daily paper. Part of a report spread across two pages of The Times' business section, "Bullionvault, an online precious metals market, said that trading volumes had risen by 133 per cent against its 30-day average," the arti...Read More
LONDON, 7 February 2018 - Gold trading volumes have leapt on BullionVault amid the global stock-market slump reports today's edition of The Times, the UK's fifth best-selling daily paper. Part of a report spread across two pages of The Times' business section, "Bullionvault, an online precious metals market, said that trading volumes had risen by 133 per cent against its 30-day average," the arti...Read More
To subscribe to our newsletter and get notified of new shows, please visit http://palisaderadio.comGerardo discusses the markets and why he thinks they will continue to head up. Recent price movements may have shaken some of the millennials, and some volatility is useful. He feels the upward action in the markets will continue much to the dismay of the perma-bears.Every time there has been a mater...Read More
Mark O'Dea, Chairman & Founder of Oxygen Capital Corp. at the Vancouver Resource Investment Conference 2018. Join us at an upcoming event! http://www.cambridgehouse.comStay Connected!http://www.cambridgehouse.com/https://twitter.com/cambridgehttps://www.facebook.com/cambridgehou...Copyright (C) 2015 Cambridge House International Inc. All rights reserved.Read More
Silver Mines Limited (ASX:SVL) Managing Director, Anthony McClure provides an update on the significant progress at the company's Bowdens Silver Project in Mudgee.Read More
Change and correction are a part of life... Nothing is sustainable forever, right?Harry Dent is often referred to as "The Contrarian of Contrarians"!He's written several books & is the founder / Editor in Chief of Dent Research.He joins Patrick from beautiful Puerto Rico to talk about the stock market bubble.As you all know, Wall Street just suffered it's greatest one day loss in it's history.Alth...Read More
Via Sovereignman.comThe United States Court of Appeals for the First Circuit gave us an interesting glimpse of the future last week when it ruled on an obscure case involving government pension obligations.Ever since the mid-1990s, police officers and fire fighters in the town of Cranston, Rhode Island had been promised state pension benefits upon retirement.But, facing critical budget shortfall...Read More
In the wacky world of cryptocurrencies, as soon as I hit the ‘publish’ button on any article, I can pretty much rest assured knowing that whatever thoughts that I have at that moment will be relegated to obsolete immediately after.That’s just the way the game goes in Cryptoverse… We are operating in a sector that moves at the speed of light and is driven by sentiment much m...Read More
One of the best pieces of investment advice I ever got was from a hedge fund manager in New York.His name was Jimmy, and he acted exactly as you'd expect a hedge fund manager to act.Cocky, self-assured, and completely disassociated from humanity.For him, life is all about making money. And he's never made a single apology for it.Truth be told, he's not a very nice person, either.He treats his empl...Read More
The comments above & below is an edited and abridged synopsis of an article by Gary M. GallesExamples of political abuse of numbers are abundant."One of the most common misrepresentations of the costs of government spending is ignoring what economists call the excess burden of taxation. In addition to the resources taken from citizens to fund spending, tax wedges between what buyers pay and what s...Read More
The comments above & below is an edited and abridged synopsis of an article by Michelle PriceThree European banks paid a settlement of $46.6 million, and 8 individuals were charged, in a US probe into alleged manipulation of the futures and commodities market.Deutsche Bank, UBS, HSBC and former traders at the banks, as well as individuals at other firms, were charged following a multi-agency probe...Read More
The comments above & below is an edited and abridged synopsis of an article by John Hussman"Last week, the US equity market climbed to the steepest valuation level in history, based on the valuation measures most highly correlated with actual subsequent S&P 500 10-12 year total returns, across a century of market cycles. These measures include the S&P 500 price/revenue ratio, the Margin-Adjusted C...Read More
The comments above & below is an edited and abridged synopsis of an article by Frank HolmesIn its outlook for 2018, Thomson Reuters GFMS analysts see gold prices rising to $1,500 an ounce sometime this year on inflation fears. This would put gold at a level unseen since April 2013.The price appreciation could be driven by "concerns that the United States may pull out of NAFTA," the trade pact the...Read More