Gold is on the move this morning last at $1207 up $9 as short covering is occurring. Physical demand is also seeing being helped by the upcoming Hindu festival in India. The yellow metal is now up 2.3% year to date. Here are some press releases that caught my eye yesterday afternoon and this morning.… Continue Reading

There has been a lot of talk in the junior mining industry of late about the 600 or so zombie companies with negative working capital still trading on Canada’s growth exchanges. Tony Simon, co-founder of the Venture Capital Markets Association, wants to get rid of them, so investors can have an easier time focusing on… Continue Reading

Yesterday my good friend and noted market technician J.C. Parets made a major shift in his position on Treasury Bonds and the potential future direction of interest rates: While it is just a trade with highly attractive potential reward relative to risk, a couple of charts that J.C. sent along this morning highlight the potential… Continue Reading

I did an experiment. I can’t wait to tell you about it. There’s one trick that everybody who writes sales knows and nobody else seems to know. This trick is so effective that Microsoft Word has it even built in so you can test while you write. First, I took the most popular 30 articles… Continue Reading

Iconic Canadian entrepreneur, Chip Wilson is best known as the founder and former Chairman of the yoga-inspired company Lululemon Athletica, and as a visionary in the technical elements of active apparel and fashion. Over the past three decades, he has charted a path of remarkable success through a constantly shifting landscape of media, business, and… Continue Reading

There are a lot of options for your hard earned capital and no shortage of folks wanting to tell you how to use it. Recent trends have been very profitable in different sectors. On the other hand, energy has displayed a horrendous previous 52 weeks. So here are 5 reasons not to invest in energy.… Continue Reading

“The proper use of capital allocation is to maximize long-term value per share.” That’s according to Ralph Aldis, USGI’s resident gold expert and, since 2001, portfolio manager of our two precious metals funds—Gold and Precious Metals Fund (USERX) and World Precious Minerals Fund (UNWPX). In a recent Gold Report interview with Kevin Michael Grace, Ralph… Continue Reading

Via Energy and Gold.com: After suffering through what have arguably been the most challenging few years in the company’s history, Barrick (ABX) investors may finally be ready to profit from a sustainable turnaround in the company’s fortunes. ABX has right sized its cost structure and begun to focus on its largest and most profitable mines… Continue Reading

Right next to the Huckleberry copper-gold-molybdenum mine in Northwest BC, a junior company called Gold Reach Resources Ltd. (GRV.V) has been exploring the Ootsa property. To date, the company has found three copper-gold-molybdenum deposits at Ootsa, having drilled over 140,000 metres (350 holes) at the 100% owned property. The mineralization is porphyry style and low… Continue Reading

ENERGY Shell will buy BG Group for $70 billion in cash and shares (Bloomberg) DeeThree Exploration split to produce Boulder (growth co) and Granite (dividend co) (Calgary Herald) “Oil and the loonie are both probably near lows and look to move up from here.” (Jim Rickards) Has Leucrotta Exploration Inc. turned the corner? (CEO) Iona Energy… Continue Reading

My mom told me I looked disgusting. I was eating cereal. Reading a book. In a few minutes I would go to school. She had just woken up. Walked into the kitchen. Saw me. Said her thing. Not the worst thing in the world. Not something you can’t overcome. I was maybe 16. I liked… Continue Reading

Toronto-based Trimark Resources Fund portfolio manager Norman MacDonald participated in an online Q&A with the Globe and Mail earlier today. The portfolio manager, who oversees more than $154 million in natural resources-based investments, expects more volatility in the resources sector in the near term. Mr. MacDonald considers the recent oil and gas correction as one of the… Continue Reading

As cyclicality in natural resource markets expresses itself in earnest, Adrian Day, of Adrian Day Asset Management, was kind enough to share a few comments on symptoms of resource market tops and bottoms. Reflecting on nearly 35 years of experience in the resource business (starting as an editor-turned-money manager), Adrian noted that one must realize,… Continue Reading

Via Energy and Gold.com: Daily commodity chart wrap 4/7/2015…   WTI Crude Oil (Daily) WTI tested the $54 resistance level today. While this is at least the 3rd time this level has been tested during 2015, it is the first time since February so some pause/pullback is to be expected before a decisive breakout takes… Continue Reading

Lake Shore Gold – (LSG:TSX) – Lake Shore Gold is one of the first companies out with first quarter results. The company had record production of 53,000 ounces in the quarter. Production was helped by having an average grade of 5.7 grams per tonne. LSG continues to generate free cash flow and in my opinion… Continue Reading