The Latest from Novo Resources

  Dr. Quinton Hennigh, the founder and chairman of Novo Resources covers the news release from earlier this week and what news flow we can expect in the weeks and months ahead.   Novo Resources Website Novo Resources Email: leo@novoresources.com Novo Resources Phone: (416) 543-3120   Source: The Daily Gold

Key Charts: Gold is Cheap and US Recession May Be Closer Than Think

by Dominic Frisby of Money Week Every year, Ronald-Peter Stoeferle and Mark J Valek of investment and asset management company Incrementum put together the report In Gold We Trust – 160-plus pages of charts and thoughts, mostly gold-related, on the state of the world’s finances. There’s so much to look at and consider. It’s a sort of digital equivalent of […]

Time for Caution in Gold Miners

    Last week we noted the likely negative impact of a sustained rebound in the US Dollar on Gold. Recent weakness in precious metals has not been much of a surprise considering the sector’s relative weakness months ago amid a weak US Dollar. While the greenback has bottomed, it has yet to push above […]

Are ICOs Replacing IPOs?

Speaking of gold and cryptocurrencies, the LBMA conducted several interesting polls on which of the two assets would benefit the most in certain scenarios. In one such poll, attendees overwhelmingly said the gold price would skyrocket in the event of a conflict involving nuclear weapons. Bitcoin, meanwhile, would plummet, according to participants—which makes some sense. […]

Russian Gold Reserves

Russia adds 1.1 million ounces to it’s reserves during September. Source: goldchartsrus.com

Gold Prices Fall After Diwali as Trump's Tax-Cut Plans Boost Dollar

GOLD PRICES failed to hold yesterday’s rally on Friday in Asian and London trade, heading for the 5th weekly loss in 6 as world stock markets rose and India’s key gold-buying festival season of Diwali ended.   Major government bond prices fell, pushing 10-year US Treasury yields up towards early October’s 3-month highs at 2.36% […]

Gold Up 74% Since Last Market Peak 10 Years Ago

– 10 year anniversary of pre-Global Financial Crisis market peak in S&P 500 on October 9th – Gold up 74% since the last market peak a decade ago; 11% pa in USD, 9.4% pa in EUR and 12.4% pa in GBP – Precious metal has climbed $736/oz on Oct 9th 2007 to $1278.75 ten-years later – […]

Follow all Junior Financings with OrenInc.com

    Kai Hoffmann has been an active member of the junior commodites market for over eight years before acquiring Oreninc in September 2016. He is currently also the Managing Director of Soar Financial Partners, an investor relations and public relations consultancy, based right outside Frankfurt am Main, Germany. Kai is further the publisher and […]

China’s Gold/Oil Play; Greg Weldon: Debt-Driven Consumer Economy Breaking Down

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up we’ll hear from Greg Weldon of Weldon Financial and WeldonLive. Greg’s research calls for the markets to roll over, and he’s expecting some very rough waters ahead based on key metrics he’s focused on – consumer spending and debt. He also weighs in […]

ScotiaMocatta Put For Sale After Multibillion Money-Laundering Scandal

The world’s oldest gold trader is for sale after a massive money laundering scandal may have terminally crippled one of the most iconic names in the business. Canada’s Bank of Nova Scotia is exploring options for its gold business ScotiaMocatta, the Financial Times reported, which include a possible sale of Canada’s most popular precious metals […]

Interview with Korelin Economics Report: Q4 Outlook

Jordan Roy-Byrne, Founder and Editor of The Daily Gold addresses the recent comments on the potential of tax loss selling this year. We also discuss his outlook for the metals and strategy for buying stocks in the slow market. Click Here to Learn More About & Subscribe to our Premium Service   Source: The Daily […]

Palladium and Rhodium Are on Fire, Is Platinum Next?

Platinum was once the most precious of metals. For decades, it traded at a premium to gold. The other platinum group metals – palladium and rhodium – barely registered on investors’ radar screens. Platinum lost its crown to gold in 2015. It was overtaken by the other Platinum Group metals (PGM) metals in recent weeks. […]

Gold/Silver vs. Bitcoin Comparisons: A No-Brainer… or Brainless?

For most of the year, as Bitcoin soared, crashed, and soared again, cryptocurrency vs. physical gold-silver talking heads engaged each other in heated rhetoric about which of these venues is here to stay. Some of the biggest names in finance, government, and the newsletter analyst space have made comments that – to be charitable – […]

How Gold Bullion Protects From Conflict And War

– Gold and silver’s historical role in conflict shaped the world today and the modern financial system – Gold played an important function in the great conflicts up to and throughout the 20th century – Gold and the effective use of bullion played a crucial role in the outcome of the American Civil War – Gold […]

Flash Update (10/19)

The 10-page flash update was published and emailed to subscribers the end of Wednesday. The update covered recent news from a few companies (including Novo) as well as our short-term outlook on the sector.     Source: The Daily Gold

The Fragile Gold Industry

The gold industry has been built on the leveraging of debt and energy. The days of using human and animal labor to produce the precious yellow metal are long gone. While some gold is still mined the old fashion way, the overwhelming majority is produced by using colossal-sized mining equipment, massive amounts of capital, energy, […]

The Added Liquidity Caused By 2 Votes

We have been involved in one heck of a transition these past 5 quarters. Not only has the politically gamed background been forced up front and center for both party’s embarrassment, the intelligence agencies and foreign agreements (entanglements such as those of NATO, NAFTA, CAFTA et al.) are now totally open to full exposure speculation. […]

Goldman Sachs Says Gold Is Better Than Bitcoin

Gold wins out over cryptocurrencies when assessed on the majority of the key characteristics of money, according to Goldman Sachs Group Inc., which adds that fear and wealth are the core drivers of bullion. “Precious metals remain a relevant asset class in modern portfolios, despite their lack of yield,” analysts including Jeffrey Currie and Michael […]