Eric Angeli: Most economists ignoring cracks in the system
“The apparent recovery of the last few years has not been confirmed by the data available -- in fact it has been just the opposite."
“The apparent recovery of the last few years has not been confirmed by the data available -- in fact it has been just the opposite."
It was three years ago this week that silver experienced what would ultimately be a blowoff parabolic top, north of 49 dollars an ounce.
Gold’s sharp selloffs since mid-March have been mostly driven by American futures speculators’ heavy selling. These traders dramatically slashed their long bets on gold while ramping up their shorts.
Authorities estimate there are about 14,000 people currently involved in illegal mining in the country.
Despite the ongoing attack of the short-sellers, the fundamentals of gold and silver production are increasingly robust.
Toronto junior is up 46% this year and feasibility for Yaramoko improves on what was already one of the lowest cost and highest grade projects anywhere in the world.
Canada’s newest diamond exploration company, Margaret Lake Diamonds Inc. commenced trading this morning on the TSX-Venture Exchange under the symbol DIA.
In 2010, rare earth and specialty metals market froth had speculators throwing money at a sector they didn't understand, and opportunistic resource company managers stepped up to take their money.
Gold touches 2-month low as hedge funds continue to cut back on bullish positions and holdings in physical gold trusts fall to 4-year low.
Van der Hout and Middelkoop tell The Gold Report that by focusing on producers, near-producers and turnaround stories, they plan to capitalize on the opportunities in North America, Africa and beyond.