Peak Gold—is it possible we’ve reached a peak in discovery, that we’re now in a cycle of steady annual production declines? It’s a subject/theory we’ve
When the history books are written on this passage of our lives, under pandemic lockdown and with once-in-three-generations levels of unemployment, they’ll note that in
“Nothing can basically stop America,” stated Buffett at Saturday’s virtual shareholder meeting. “The American miracle, the American magic has always prevailed and it will do so again.”
Buffett’s opinion (about the resiliency of the U.S. economy) has been right for six decades. Why wouldn’t it continue to be right?
At Equity.Guru, we’ve been tight with Nexus Gold (NXS.V) boss Alex Klenman for years. he’s been through it with Nexus, from former CEOs selling off his stock in secret, filing their insde trading docs a year late, to stock promoters demanding money and then, upon being refused, crashing the stock, to dark pool shenanigans and more. We’ve laid out a lot of those issues in the past as an explanation how a gold explorer that seems to have some interesting land packages, and does regular work, can find itself so damnedly underwater for so long. Company puts out news, stock starts to lift, massive selling bangs it down. Company puts out news, massive sell orders show up that spook the market, stock drops, sell orders go away.
“I’m practicing as much social distancing as I possibly can” stated Dr. Anthony Fauci, White House Director of Disease, “I’m working on getting the boss [Trump] to do this. I may not be successful, but we’re working on it.”
Last week, NMC admitted that it identified an additional $2.7 billion in debt, rounding the total debt to around $5 billion. NMC staff were not paid last month.
“It’s the financials that are really getting killed,” stated Schiff, “They have made all the loans that are not going to get repaid, so this is just like 2008, only it’s not just the banks that are going to need a bailout, it’s the hotels, it’s the airlines, it’s companies like Boeing, it’s the cruise lines.”
“The National Marriage Project dubbed the drop in divorce ‘a silver lining’ to the Great Recession,” stated The L.A. Times, “arguing that tough times were pulling many husbands and wives closer together.”
When a sector gets hot, small cap stocks can often get a bump by sidling up to the hot sector with a new product/idea/opportunity. When the dust clears, the intrinsic value of the new offering is typically deemed to be low. We saw it in 3D-printing, with Dung Beetle Treats. We saw it in weed with a $1 billion website that forgot to sell cannabis. We saw it in blockchain with a Cryptocoin for porno transactions.
With all of the carnage in the broader markets of late—S&P 500 futures are currently off 5%, Crude Oil (WTI) is off a whopping 30%—there
Analysts have tied the retreat by gold in part to positioning, noting that data had shown extremely high net long speculative positions in gold futures. Still, the degree of the pullback in light of the continued selloff in equities was widely described as a surprise.
“While the comparison to SARS may provide some guidance, important changes have been experienced in China and the Chinese gold market since the 2003 outbreak,” stated the WGC.
Due to the number of companies I have in mind for this one, I’ll dispense with the usual preamble, except to say, gold is looking
Nexus (NXS.V) has been in Burkina Faso for years. With a new acquisition announced just yesterday, the company now controls over 750-square kilometers of highly
Nexus put out news loyal shareholders really wanted to see—a plan to mobilize a drill rig to the heart of the Red Lake Mining District.
Nexus Gold (NXS.V) management correctly gauged sentiment in the junior exploration arena at the beginning of 2019, sensing a continuation of the pervasive weakness we’ve
Late last week, Nexus Gold (NXS.V) updated us with a welcome (and unexpected) piece of news out of their flagship McKenzie Gold Project in the
At the beginning of this year, and several times since, we covered numerous exploration plays on both sides of the Ontario-Quebec border—ExplorerCos kicking rocks and
In 2009, I worked beside a razor-sharp Chartered Financial Analyst (CFA) who was obsessed with the wealth creation opportunities in gold juniors. The dude could
If you own stocks in big cap U.S. companies like Salesforce (CRM.Q), Slack (WORK.NYSE), Chipotle (CMG.NYSE), Visa (V.NYSE) and Home Depot (HD.NYSE) you may be
As of Friday’s close, gold is up 20% year to date (YTD), and is trading at its highest level in more than six years. The
Two of our resource clients have been active traders in recent sessions. There’s been some nice price and volume movement. But no significant catalyst behind
Where is gold going? Where will the gold price settle as 2019 draws to a close? And where will it trade a year from now?
For first-time tourists, the junior mining arena’s current state might evoke shades of a small-town movie theatre: a place once bustling with energy and excitement,
