News-Blog

A court ruling involving Microsoft’s offshore data storage offers an instructive lesson on the long reach of the US government — and what you can do to mitigate this political risk.

Investors are all too familiar with the KABOOM in precious metals prices in the fall of 2011 and the echo that’s still reverberating. Three years later Jeb Handwerger, founder of GoldStockTrades.com, believes it could be the broad market’s turn — and soon.

Forbes Editor-in-Chief and longtime friend Steve Forbes leads off this week’s Outside the Box with a sweeping historical summary — and damning indictment — of the “cheap money” policies of the US executive branch and Federal Reserve.

“If I scare you this morning, and as a result you take action, then I will have accomplished my goal.” That’s what I told the audience at the Sprott Natural Resource Symposium in Vancouver two weeks ago.

      Not so quick…. For those shareholders of El Tigre Silver (ELS) congratulations on a great week as your shares went from $0.15 to $0.39 on absolutely no news. Trading volume for the week Monday volume             453,710 Tuesday volume               92,000

Take gold, for example. Oftentimes we find that it seems to tease us with a nice run-up, only to give a big chunk of the gains back the next week. And so it goes, up and down.

It’s the lazy days of summer and Paul Renken, senior geologist and analyst with VSA Capital, is bottom-fishing. He sees a lot of value in unloved resource equities.

One report claims, for example, that gold demand in China is down because the yuan has fallen and made the metal more expensive in the country. Sounds reasonable, and it has a grain of truth to it.

The best news for contrarian investors is bad news for the folks at the Metals and Mining Conferences. ‘Turn that frown upside down’…. We have just learned of the demise of the Metals and Mining Conferences held annually in San Francisco and New York. They have suspended their conferences indefinitely as of 16 July 2014