Last week’s index score: 73.66 This week: 86.47 Avrupa Minerals (TSXV: AVU) recovered 100% ownership of the Alvalade VMS copper-lead-zinc project in the Iberian pyrite belt in southern Portugal. Prospero Silver (TSXV: PSL) started drilling at the Matorral project in in the Santa Maria del Oro camp, Durango state, Mexico. NuLegacy Gold (TSXV: NUG) announced […]
The gold price started the week on the back foot with an unnerving early fall following a massive sell order that sent the metal to its lowest since mid-May. Gold futures in New York for delivery in August, the most active contract, dropped to a low of $1,236.50, down 1.5% or $20 an ounce in European […]
This post URGENT: Big Opportunities In Pot Stocks appeared first on Daily Reckoning. The past few weeks has been very exciting for pot stocks — and you have a front-row seat to the action! If you’ve been watching the price action, you’ve seen the buying frenzy that’s been taking shape in the last several sessions. […]
Dr. Jeffrey M. Kern has been an academic clinical psychologist at Texas A&M University and the University of Nevada – Las Vegas since 1979, specializing in the measurement and prediction of human behavior. Born in New York City, Dr. Kern’s family suffered severe financial losses during the stock market decline of the mid-1970s and […]
JOHANNESBURG, June 26 (Reuters) – South Africa’s Chamber of Mines has applied to a high court for an interdict to prevent the implementation of a new charter that increases the minimum threshold for black ownership of mining companies, the industry body said on Monday. “The vast and systemic damage which the publication and threatened enforcement […]
Earlier this morning a representative of Barclay’s bank spoke with the business analysts over at CNBC and discussed how the European financial giant is looking at ways to bring Bitcoin or other cryptocurrencies into their portfolio of financial services. British multinational bank Barclays has been in discussions with regulators about bringing digital currencies like bitcoin […]
Gold and especially gold mining stocks rebounded on Wednesday and trended higher into the weekend. This is giving some investors renewed hopes that the bull market that began roughly 18 months ago is about to reassert itself. We cannot know for sure yet but what we can say is precious metals are nearing a big […]
This post 5 Things We’ve Learned Since China Entered the World Money Basket appeared first on Daily Reckoning. Beginning in October of last year, China’s renminbi was added to the International Monetary Fund’s currency basket known as the Special Drawing Rights, or SDR. The IMF, founded after Bretton Woods, established the SDR to be its […]
Ethereum has been characterised by a lot of volatility in recent times. At the moment this guide is being written this cryptocurrency has just suffered one more ‘shock’ that saw its price fall sharply and rise again in a short period of time (less than 24 hours). But what is ethereum? Why is it that […]
https://www.milesfranklin.com/wp-content/uploads/2017/06/17-06-26_AUDIOBLOG_199_-_CARTEL_LUNACY_SETS_STAGE_.mp3 Source: Miles Franklin
This isn’t some trader’s “fat finger” accidentally overloading the sell button and pressing “sell.” This is unadulterated BIS/ECB/BoE/Fed sponsored market intervention: At 4:01 EST, a paper gold nuclear bomb was detonated in the Comex Globex computer system. The graph above is just the August “front month” paper gold contract on the Comex. In that contract […]
Gemfields’ (LON:GEM) largest investor Pallinghurst said Monday it has received support from 96% of its shareholders to buy remaining interest in the world’s top coloured gems producer. Gemfields says Pallinghurst’s offer undervalues the company and its prospects as a leading player in the sector. The London-listed miner told investors it still believes Pallinghurst’s bid “undervalues Gemfields and its […]
This post What I Heard From a Banker at A Private Resort appeared first on Daily Reckoning. “It’s been a great summer so far!” said Dan as we watched our kids slide down the water slide last week. Dan and I had just met after our kids struck up a friendship by the pool. “My […]
In what has become a trend going back to 2011, on June 26 some entity opened the market with a flash dump of 1.8 million ounces of paper gold contracts in an attempt to push the precious metal below its 100 and 200 day moving averages. And what is perhaps the most ironic about today’s […]
Has the meteoric rise of passive investing generated the “greatest bubble ever”? The better we understand the baked-in biases of algorithmic investing, the closer we can come to answers. The following article was originally published in “What I Learned This Week” on June 15, 2017. To learn more about 13D’s investment research, visit website. […]
This post Exactly One Year Post-Brexit, These Trades Are Going Strong… appeared first on Daily Reckoning. Exactly one year ago, world markets tanked as England voted to leave the European Union. The Brexit vote shocked the world. Investors sprinted for the exits as stocks cratered immediately after the vote. Bearish investors pressed their shorts. Surely […]
US Commerce Secretary Ross promised to conclude the special investigation into US steel imports in the name of US national security by the end of the month. The outcome of the investigation is largely a foregone conclusion. Even before the investigation began, Ross said he would need less than a third of the allowable time. […]
Canada’s Zonte Metals (TSX-V: ZON) has officially sued the mining authority of Colombia’s Department of Antioquia for allegedly not processing the junior explorer’s application in accordance with the country’s mining code. The move comes almost four years after Halifax-based Zonte first spotted — and applied for — a licence to mine an area that sits on top of […]
THE Chamber of Mines of South Africa said it had applied for an urgent interdict to stop the implementation of the Mining Charter which it styled “… a most egregious case of regulatory overreach”. In its application, made to the High Court of South Africa (Gauteng), the Chamber delivered a scathing and eviscerating assessment of […]
As chances of rescuing alive two miners trapped underground in southern Chile become almost nil, one of the authorities involved in an investigation into Mandalay Resources’ (TSX:MND) mine accident says at this point what matters is to learn the truth of what really happened. For us, it is a case of “missing person, presumptive tragedy,” states […]