Treasury Runs Second Largest July Deficit of All Time

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Treasury Runs Second Largest July Deficit of All Time August 11, 2022  by SchiffGold  0   0 The Federal Government ran a $211B deficit in July. Except for February, this was the largest deficit since last July when the Treasury ran a deficit of $302B, and it was the second-largest July deficit ever. Figure: 1 Monthly Federal Budget Looking … [Read more…]

Junior Not Wasting Time While Waiting for Permits

Junior Not Wasting Time While Waiting for Permits

Junior Not Wasting Time While Waiting for Permits This junior explorer is analyzing samples, conducting fieldwork and geophysical surveys, and mapping its British Columbia site with drones. But it can’t wait to drill and find out what’s underneath. Junior explorer Fabled Copper Corp. (FABL:CSE) may be still waiting for permits to start its drilling campaign … [Read more…]

CPI Cools Modestly; How Will the Fed Play This?

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CPI Cools Modestly; How Will the Fed Play This? August 10, 2022  by Michael Maharrey  0   0 As expected, the Consumer Price index cooled a bit thanks to falling gasoline prices. The question is will this give the Federal Reserve the excuse it needs bow out of the inflation fight? The Consumer Price Index for July was up … [Read more…]

Agnico Has Strong Quarter: Production Up Costs Down

Agnico Has Strong Quarter: Production Up Costs Down

Agnico Has Strong Quarter: Production Up Costs Down Expert Adrian Day reviews recent quarterlies and other developments at some more of his favorite gold and silver companies. Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE) reported a very strong quarter, its first full quarter with Kirkland assets. Production rose above estimates while operating costs were down (with … [Read more…]

Ron Paul: The “Inflation Reduction Act” Is Another DC Lie

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Ron Paul: The “Inflation Reduction Act” Is Another DC Lie August 9, 2022  by SchiffGold  0   0 We get a lot of Orwellian spin out of Washington D.C. A recession isn’t a recession, Putin’s price hikes caused inflation, and now we’re told a massive spending bill will cure inflation. Last weekend, the Senate gave final approval to the … [Read more…]

Expert Rates Mining Co. A Strong Speculative Buy

Expert Rates Mining Co. A Strong Speculative Buy

Expert Rates Mining Co. A Strong Speculative Buy Expert Clive Maund shares his assessment of Omineca Mining and Metals Ltd. since its stock is currently inexpensive, and tells you whether he believes this stock is a Buy or a “goodbye.” We are going to start the week by looking at a badly beaten-down gold stock. … [Read more…]

Peter Schiff: This Labor Market Is Not “Strong”

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Peter Schiff: This Labor Market Is Not “Strong” August 8, 2022  by SchiffGold  0   0 The July non-farm payroll report came out much stronger than anticipated. According to the Bureau of Labor Statistics, the economy added 528,000 jobs and the unemployment rate ticked down to 3.5%. The narrative was that this blockbuster employment report proves that we’re not … [Read more…]

Silver Mine Produces While Plant Waits for Power

Silver Mine Produces While Plant Waits for Power

Silver Mine Produces While Plant Waits for Power MAG Silver Corp.’s Juanicipio project continues to deliver silver as the company waits for local officials to give the go-ahead to power up its own plant. MAG Silver Corp.’s (MAG:TSX; MAG:NYSE American) Juanicipio project in Mexico continues to produce as the company waits for its processing plant … [Read more…]

Jobs Report: Be Careful What You Wish For

Hedge Fund Pile into Short Positions During September

Jobs Report: Be Careful What You Wish For August 5, 2022  by SchiffGold  0   0 According to the BLS, the economy added 528k jobs in July, blasting past analyst estimates of 250k. The strong report comes on the heels of a Fed meeting last week that made a point to state they are hyper-focused on the job market … [Read more…]

Analyst Says PEA Adds Considerable Value to KSM

Resource Update Bodes Well for Upcoming PFS

Analyst Says PEA Adds Considerable Value to KSM Seabridge Gold Inc.’s copper-rich expansion at its KSM project in the Golden Triangle gets one analyst to raise his target price for the company. Seabridge Gold Inc.’s (SEA:TSX; SA:NYSE.MKT) new preliminary economic assessment (PEA) laying out a copper-rich expansion to its KSM project in British Columbia will … [Read more…]