India Banks Are Finally Looking Better, And So Is Their Economy … Moody's raised national banks credit outlooks to stable from negative. Nonperforming loans on the books of Indian banks are showing signs of improvement, and so is the nation's economy. Despite some much publicized disses of the Indian investment story, mainly from emerging market commodity guru Jim Rogers, India...Read More
Florida medical pot law misses deadline, nearly a year behind … Almost a year-and-a-half since Gov. Rick Scott and state lawmakers legalized a form of medical marijuana, the latest deadline for making it available to Floridians has gone up in smoke. Again. – MyPalmBeachPostDominant Social Theme: Say, it seems like there's a lot of pushback against any kind of cannabis legalization....Read More
India Banks Are Finally Looking Better, And So Is Their Economy … Moody's raised national banks credit outlooks to stable from negative. Nonperforming loans on the books of Indian banks are showing signs of improvement, and so is the nation's economy. Despite some much publicized disses of the Indian investment story, mainly from emerging market commodity guru Jim Rogers, India...Read More
Florida medical pot law misses deadline, nearly a year behind … Almost a year-and-a-half since Gov. Rick Scott and state lawmakers legalized a form of medical marijuana, the latest deadline for making it available to Floridians has gone up in smoke. Again. – MyPalmBeachPostDominant Social Theme: Say, it seems like there's a lot of pushback against any kind of cannabis legalization....Read More
The copper price is having a torrid 2015 as economic news out China continues to rattle investors and bears discount any positive developments from the world's number one consumer of the metal.The release of China's commodity-friendly five-year plan through 2020 released last week has done little to lift sentiment and even a stronger-than-expected reading of Chinese manufacturing activity released...Read More
Ben Graham value investing now exists in the mining space - the type of investing that Warren Buffet is famous for. But this is simply NOT supposed happen. Why? Because mining companies have reserves and resources in the ground, which are reflected in a company's share price... that is, in a normal market.Cecil Musgrave, publisher of Investorsguru.com, contends that today's market is so broken tha...Read More
The importance of going beyond environmental considerations when planning the lifecycle of mines to include socioeconomic considerations was among the topics raised at the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) at its annual general meeting, hosted by UNCTAD at the Palais des Nations, Geneva, on 27-29 October 2015.While mining continues to play a key...Read More
Thirty years of stock market crashes – and the signs they were coming. Is another stock market crash around the corner? … As the stock market struggles to recover from "Black Monday" in August, many investors are wondering how long it will be before the market regains the levels seen before the crash … Here we look at seven of the stock market setbacks of the past 30 ye...Read More
Whatever the Chilcot Inquiry finds will be as irrelevant as Tony Blair himself … though the families of fallen troops will disagree. There are things that we know we know, and what we know we know about Iraq we knew from the start. … We also know that whatever Chilcot concludes will lead Mr Tony neither to The Hague nor to salvation from his wretched half-life as an emblem of national...Read More
Thirty years of stock market crashes – and the signs they were coming. Is another stock market crash around the corner? … As the stock market struggles to recover from "Black Monday" in August, many investors are wondering how long it will be before the market regains the levels seen before the crash … Here we look at seven of the stock market setbacks of the past 30 ye...Read More
Whatever the Chilcot Inquiry finds will be as irrelevant as Tony Blair himself … though the families of fallen troops will disagree. There are things that we know we know, and what we know we know about Iraq we knew from the start. … We also know that whatever Chilcot concludes will lead Mr Tony neither to The Hague nor to salvation from his wretched half-life as an emblem of national...Read More
October 16, 2015 -- Randy Reifel, President and Director of Chesapeake Gold Corp. (TSXV: CKG | OTCQX: CHPGF) in an ...Read More
(Image courtesy of Peru's Government photo archives)Peru's former president Alan Garc?-a has kicked off his campaign for a third term with a promise to deliver economic growth of at least 6% a year mainly by attracting more mining investment.The 66-year-old long-time leader of the centre-left American Popular Revolutionary Party, said he planned to achieve such goals by reducing red tape to a min...Read More
Australian junior miners have decided to battle the capital drought afflicting the sector by turning to the Internet to raise funds.The growing practice, known as crowdfunding, consists on soliciting small amounts of money from a large number of people in order to fund a project or venture. But small miners and explorers have been somehow deprived of the innovative method in Australia due to some...Read More
Macro financial expert Doug Casey contends, "I think the Depression has already started, and I call it the Greater Depression because it's going to dwarf what happened between 1929 and 1946.It's already started.We are just in the eye of the storm, but we are leaving that now.What should the average person do right now?You've got to liquidate right now, while it's still possible.You should get rid...Read More
Image: Thierry EhrmannThe end of China's one-child policy has grabbed all the headlines, but the Fifth Plenary Session of the 18th Central Committee of the Communist Party of China (to give its full designation) also outlined the direction of the world's second largest economy over the next five years.China's 13th five-year plan running from 2016 - 2020 is the first one approved by Xi Jinping...Read More
Kal Tire Chile's administration office and OTR tire retread and repair facility.Vernon, British Columbia-Kal Tire's Mining Tire Group officially opened today a new OTR tyre retread and repair facility near the port city of Antofagasta, in the heart of Chile's mining industry."Kal Tire has been supporting the Chilean mining industry for many years," says Pedro Pacheco, vice president operations, Ka...Read More
Construction at Eldorado's Skouries mine and processing plant.Canada's Eldorado Gold (TSX:ELD) (NYSE:EGO) logged Friday a third-quarter loss of $96.1 million, after reporting a profit in the same period a year earlier.The Vancouver, British Columbia-based miner said it lost 13 cents per share, and that total losses, adjusted for non-recurring costs, were 1 cent per share. Revenue for the period...Read More