How the FBI reached decision on Clinton investigation ... Clinton forces should have only one hand clapping ... So far as we can now tell, the country in this instance has been well served by a leader and an FBI that has been diligent, hard-working and fair ... The FBI seems to have gotten this one right. -David Gergen, CNNDavid Gergen, a senior political analyst for CNN and "White House adviser...Read More
Chilcot report delivers damning verdict on British role in Iraq War ... London (CNN)A long-awaited official inquiry delivered a devastating indictment of Britain’s decision to invade Iraq Wednesday, finding that the war was based on flawed intelligence and had been launched before diplomatic options were exhausted. The findings of the 2.6 million-word Iraq Inquiry — seven years in th...Read More
City of London elite blame inequality for Brexit ... The City of London elite are urging companies and policymakers to learn one of the big lessons from the Brexit referendum by working harder to reverse the widening wealth gap in Britain and overseas. - Financial TimesOf course the top men in London's City want to reverse the "widening wealth gap."But not for them, you see. Not for handful of...Read More
Mexico's 84-Year-Old Mining Mogul Just Made a Cool $2.2 Billion ... Alberto Bailleres saw his net worth swell as Penoles rallied ... Miner Penoles is the world's biggest silver producer ... – BloombergWhen miners move, they move hard and fast.That's what happened toward the end of the 1970s and it is happening today as well.The interrupted upwards curve of metals prices against the dollar ha...Read More
Millrock Resources CEO Greg Beischer talks to CEO.CA's Tommy Humphreys in a June 8 2016 interview in Vancouver.Some statements in the above video may contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially...Read More
Markets have hit some resistance as the weather has warmed and seasonality is a likely catalyst for the correction. The S&P/TSX Composite Index has found resistance just above 14,000. Technical analyst Brian Hoffman names two gold stocks that may be ready for a pullback and one that may still have some room to run.There's some merit to the investment strategy "Sell in May and get out of the way"....Read More
The $149-billion (U.S.) pipeline to expand the world's copper supply is running into trouble.Producers are counting on expansions and the development of new operations to meet supply shortages they forecast arriving toward the end of the decade.Read moreRead More
China's state-backed Silk Road Fund, a $40 billion venture that invests along the nation's ancient trade routes with Central Asia, is said to be weighing a joint bid with China National Gold for Glencore' gold mine in Kazakhstan.According to sources familiar with the matter, quoted by Bloomberg, the group could pay up to $2 billion for the Vasilkovskoye mine, which is Glencore's largest gold opera...Read More
Bottom line: Hillary Clinton screwed up. She’s admitted this repeatedly. Other investigators have come to the same conclusion. If you want to criticize her for this, that’s fine. She deserves it. But there was no criminal intent and essentially no chance that a jury would have convicted her. We’ve known this for months now. Now we know it officially. -Mother JonesThere are those...Read More
Where the Fed Will Be When the Next Downturn Comes ... The easy-money policy may bump inflation over 3% in the next few years, setting up interest-rate increases. -WSJThis article in the Journal provides us with a scenario regarding another slump and how the Fed will react.It is written by Martin Feldstein, chairman of the Council of Economic Advisers under President Ronald Reagan and a member of...Read More
Gold Stocks Dodge Drop as Risk Aversion Hits South Africa Assets ... Gold producers escaped the worst of a two-day sell-off in South Africa as investors around the world switched to safer assets. While the rand headed for its biggest decline against the dollar in a week and was the second-worst performer in emerging markets, South Africa's gold mining index jumped to the highest since February...Read More
No matter how you look at it, Trump’s not winning ... Amid the incessant din of election-year punditry and prognostication, one fact reigns supreme: Republicans vote for Republicans and Democrats vote for Democrats ... It is why America is freckled with “red” and “blue” states and “safe” congressional seats. It is also why American presidential races are...Read More
Bottom line: Hillary Clinton screwed up. She’s admitted this repeatedly. Other investigators have come to the same conclusion. If you want to criticize her for this, that’s fine. She deserves it. But there was no criminal intent and essentially no chance that a jury would have convicted her. We’ve known this for months now. Now we know it officially. -Mother JonesThere are those...Read More
Where the Fed Will Be When the Next Downturn Comes ... The easy-money policy may bump inflation over 3% in the next few years, setting up interest-rate increases. -WSJThis article in the Journal provides us with a scenario regarding another slump and how the Fed will react.It is written by Martin Feldstein, chairman of the Council of Economic Advisers under President Ronald Reagan and a member of...Read More
Gold Stocks Dodge Drop as Risk Aversion Hits South Africa Assets ... Gold producers escaped the worst of a two-day sell-off in South Africa as investors around the world switched to safer assets. While the rand headed for its biggest decline against the dollar in a week and was the second-worst performer in emerging markets, South Africa's gold mining index jumped to the highest since February...Read More
No matter how you look at it, Trump’s not winning ... Amid the incessant din of election-year punditry and prognostication, one fact reigns supreme: Republicans vote for Republicans and Democrats vote for Democrats ... It is why America is freckled with “red” and “blue” states and “safe” congressional seats. It is also why American presidential races are...Read More
Louis C.K. - Live at Paradise Rock Club - July 5, 2016Read More
Courtesy of: Visual CapitalistBut it's not just precious metals that are back in vogue.Energy had an impressive comeback in Q2, with natural gas and oil being the best performing commodities of the quarter. Base metals were up, and even the TSX Venture, a Canadian index tracking many of the world's junior mining and energy stocks, was the best performing benchmark. This is meaningful, because it w...Read More
BHP Billiton (ASX:BHP), the world's biggest mining company, has committed to spend just less than $200 million to get more copper out of its 57.5%-owned Escondida operation in Chile, the world's largest copper-producing mine.The expansion of the Los Colorados concentrator will help offset declining grades at the mine and add incremental copper production to reach an average production of 1.2 mill...Read More
International regulations have failed to prevent foreign firms and armed groups from profiting from illegal gold mining in mineral-rich eastern Democratic Republic of Congo, a new report by Global Witness shows.Illegally acquired and exported gold from the mineral-rich eastern Congo keeps filling the pockets of some foreign companies as well as armed groups.According to the UK-based organization,...Read More