Wealth Creation Through Natural Resources
Despite the strong likelihood of another Federal Reserve interest rate increase later this month, gold has seen a rebound of nearly $70 per ounce in recent weeks. This has been buoyed by mild inflation data and early indications of softness … Continued
“The mood swings of the securities markets resemble the movement of a pendulum. Although the midpoint of its arc best describes the location of the pendulum “on average,” it actually spends very little of its time there. Instead, it is … Continued
On the evening of May 3rd, gold rallied to $2085.40. However, this has been followed by a subsequent ~$150/oz decline. The reversal from a familiar price level (~$2,080) has led to the emergence of a potential triple-top, which is now … Continued
In this month’s conversation with 321gold founder Bob Moriarty we discuss why the US banking system is a giant casino. Bob believes we need to burn it down and begin again with a system of sound money, including gold and … Continued
Toronto, Ontario–(Newsfile Corp. – May 8, 2023) – American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) (“American Eagle” or the “Company”) is pleased to announce that Teck Resources Limited (“Teck”) has agreed to make a strategic investment in the Company … Continued
The Federal Open Market Committee (FOMC) will announce its interest rate decision at 2 pm EST tomorrow, followed by a press conference with Fed Chairman Powell at 2:30 pm EST. Only 24 hours ago, it seemed like a quarter point … Continued
This morning, Summa Silver (TSX-V:SSVR, OTC:SSVRF) announced drill results from its Mogollon Project near Silver City, New Mexico. The Mogollon property is the largest historic silver producing property in New Mexico, and Summa has had success in demonstrating that an … Continued
Economist Milton Friedman once stated that monetary policy acts with such a long and variable lag that any attempt to use it actively may aggravate, rather than ameliorate, economic fluctuations. While Friedman’s theory may be a bit simplistic, and require … Continued
This morning, American Eagle Gold (TSX-V:NAK) released the remaining results from its 2022 diamond drill program at the NAK Project near Smithers, BC. Hole NAK22-07 intersected 106 meters of .53% copper-equivalent from surface. In addition, holes NAK22-07 and 22-06 intersected several … Continued
The precious metals rally from early November through the end of January was impressive and largely unexpected by most investors. After all, gold made a more than 20% move higher in the space of less than three months. As one … Continued