March Malevolence, Lessons from a Hockey Great, and Precious Metals
Source: Michael Ballanger for Streetwise Reports 04/06/2021 Sector expert Michael Ballanger advises investors they should never rest on previous successes. “You’re only as good as your last shift.” NHL legend Gordie Howe In the business of writing a weekly letter, my expressed intention is to communicate a raft of opinions on the precious metals, junior […]
Bringing Back a Former Mine in Idaho’s Silver Valley, with a Focus on a Rapid Restart
Source: Streetwise Reports 04/05/2021 Bunker Hill Mining lays out its plans to transition to a 50% silver mine from base metals, and operate a mine on the leading edge of sustainability. Bunker Hill Mining Corp.’s (BNKR:CSE; BHLL:OTCMKTS) eponymous mine in Idaho’s Coeur d’Alene mining district has a long and storied history. First discovered in 1885, […]
Don’t Be Fooled by the Stock Market Rally
Markets tend to move in cycles. They typically experience cyclical pullbacks after trending higher for a long period of time. Rarely do markets move straight up or straight down. The stock market has, however, essentially moved straight up since the March 2020 mini-crash. As the market moves higher, an increasing number of “analysts” are calling […]
Bob Moriarty on ‘The Greatest Gold Discovery in History’
Source: Maurice Jackson for Streetwise Reports 03/29/2021 Bob Moriarty of 321gold speaks to Maurice Jackson of Proven and Probable about his book chronicling Novo Resources’ adventures in Australia, and he also discusses a handful of junior miners on his radar screen. Maurice Jackson: Joining us for our conversation is Bob Moriarty, the founder of 321gold […]
Yes, the Fed Will Cover Biden’s $4 Trillion Deficit
Central bankers and their comrades in Washington DC changed course in 2020. The policy shifted from “print money and hand it to Wall Street” to “helicopter money” in the form of direct payments and loans to citizens. The fiscal stimulus, like the Fed’s monetary stimulus before it, provided a fix that addicted markets needed to […]
Explorer Upgraded to ‘Outperform’ after Enlarging Inferred Gold Resource
Source: Streetwise Reports 04/01/2021 BMO Capital Markets advised that it has raised its rating on Calibre Mining Corp. to an Outperform after the firm successfully increased its mineral reserves and thereby considerably extended the projected mine life at two of its Nicaraguan gold projects. In a March 29 research note, BMO Capital Markets research analyst […]
Inflation Pressures Building
There has been considerable discussion in recent weeks about the prospect and threat of rising inflation. This inflationary scare comes at a time when the government is unleashing massive stimulus measures to bailout states, businesses, and consumers – all in the name of combatting the pandemic. We’ve already seen a $1.9 trillion helicopter money drop […]
Small Cap Focuses on Two Underexplored Nevada Gold Properties
Source: Maurice Jackson for Streetwise Reports 04/02/2021 Todd Hilditch, CEO of Riley Gold, talks with Maurice Jackson of Proven and Probable about his company’s exploration plans for its two properties in Nevada, both located in established mineral trends. Maurice Jackson: Joining us for conversation is Todd Hilditch, the CEO of Riley Gold Corp. (RLYG:TSX.V; RLYGF:OTCQB). […]
In ‘Good Transaction,’ Royalty Company Acquires Gold Stream at Chile Project
Source: Streetwise Reports 04/01/2021 A CIBC report discusses Wheaton Precious Metal’s acquisition of a gold stream at Santo Domingo. In a March 25 research note, CIBC analyst Cosmos Chiu reported that Wheaton Precious Metals Corp. (WPM:TSX; WPM:NYSE) agreed to purchase from Capstone Mining a gold stream on future production from its Santo Domingo copper-iron-gold project […]
Biden’s $3.9 TRILLION in Spending Plans Stoke Inflation
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Gold and silver markets sprung higher on Thursday as April and second quarter trading kicked off. After suffering losses in the first quarter, precious metals may now be due for a spring rally. Despite gaining ground yesterday, gold finished the holiday-shortened trading week down fractionally […]