Tag: Gold
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![Death by Drone and a volatile metal]()
Death by Drone and a volatile metal
It’s been a tumultuous start to this new year and decade. Clearly, there’s a rage in the air. A drone strike that took out Qassem Soleimani, the leader of the Quds Force of the Iranian Revolutionary Guard, sent shock waves across the planet. This drone hit, in retaliation for the killing of an American contractor…
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![Explaining the violent explosion of Canadians who can not pay their bills]()
Explaining the violent explosion of Canadians who can not pay their bills
A high bankruptcy rate may intuitively seem like a bad thing, but straight-faced “financial experts” argue that bankruptcies are a proxy for imaginative risk-taking – and therefore a good thing.
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Falcon Gold (FG.V) is a tiny little bet on a big fat gold region
Close-ology is a mining term used to describe companies that are close to another company that is running red hot, and may justifiably make the case that they can be hot too. For some, like serial ring-staker Ryan Kalt, close-ology is a business model. The moment someone announces they’ve found something interesting in Dildo, Newfoundland…
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![Thursday Recap: Buy the Rumour, Sell the News]()
Thursday Recap: Buy the Rumour, Sell the News
There we go. It’s here. President Donald Trump agreed to a phase-one trade deal with China, averting the Dec 15 introduction of new tariffs on $160 billion worth of Chinese goods.
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![Triggered: Trump Jr. is right: liberals are full of hatred – here’s how to invest in it]()
Triggered: Trump Jr. is right: liberals are full of hatred – here’s how to invest in it
U.S President Donald Trump has five children. One of them, Donald Trump Jr., just wrote a book called “Triggered: How the Left Thrives on Hate.” Trump Jr. was a frequent guest-judge on his father’s reality TV show, The Apprentice, and he’s now V.P of the Trump Organization, alongside his siblings Ivanka and Eric. The thesis…
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![The Golden Triangle – an update on a handful of advanced-stage exploration plays]()
The Golden Triangle – an update on a handful of advanced-stage exploration plays
Junior exploration companies—ExplorerCos, if you will—are high-risk propositions. It can take up to 1,000 grassroots projects to generate 100 targets worthy of a probe with the drill bit. Of those, perhaps five or ten will evolve into development projects. And of that small group, only one will become an actual (profitable) mine. Not great odds.…
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![A handful of ExplorerCo standouts in Nevada—the mother of all mining jurisdictions]()
A handful of ExplorerCo standouts in Nevada—the mother of all mining jurisdictions
A couple weeks back we took a look at some of the more prospective (and active) exploration plays in Ontario and Quebec, particularly those along the prolific Abitibi Greenstone Belt. Today we shift our focus further to the south, to Nevada. If Nevada were a country, it would be the 4th largest gold producing nation…
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The end of the world, or, how I learned to live with a habitually shrinking PMI
The Institute of Supply Management (ISM) U.S. manufacturing survey was released yesterday and, boy, did it ever raise alarms. Estimations of the ongoing U.S.-China trade war have been on a piecemeal basis up until now: It is common knowledge American soybean farmers are struggling, but calculating the material effects on U.S. business as a whole…
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![Highballer: How Equity Guru’s mining expert Greg Nolan cracked a 30-year publishing mystery]()
Highballer: How Equity Guru’s mining expert Greg Nolan cracked a 30-year publishing mystery
It’s exhilarating to witness a co-worker get a win. My colleague, Equity Guru mining expert Greg Nolan just published a book, “Highballer: Tales from a Treeplanting Life (Harbour Publishing, 2019). Lots of good books get ignored. Mr. Nolan’s book isn’t one of the them. The media (national and local) has whipped itself into a frenzy…
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![Bitcoin trader makes dumb greedy bet – loses $16 million – kills himself, triggering painful shotgun-in-mouth memory of even dumber, greedier Amazon (AMZN.Q) bet]()
Bitcoin trader makes dumb greedy bet – loses $16 million – kills himself, triggering painful shotgun-in-mouth memory of even dumber, greedier Amazon (AMZN.Q) bet
A few weeks ago, a Chinese Bitcoin trader, Hui Yi, embezzled 2,000 Bitcoins, used them as collateral to take a highly leveraged (100x) short position on the price of Bitcoin. The co-founder and CEO of a crypto market analysis platform, Hui got the timing and direction of his bet horrendously wrong. WeChat messages indicate that…
