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With Debt Ceiling Looming, Gold Is The Hedge You Want – Tocqueville

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Full Article: With Debt Ceiling Looming, Gold Is The Hedge You Want – Tocqueville

By: Doug Groh

The gold market is looking ‘buoyant,’ this according to Tocqueville portfolio manager Doug Groh, who called the recent rally in gold back in March of this year. ‘We got through the summer downturn, and it has now become a constructive gold market,’ Groh said. Groh, who manages Tocqueville’s $1.25-billion gold fund, said it was important for gold to break through the $1,300 – $1,303 level, which it managed to do earlier this week. Groh said that the conversation now

Full Article: With Debt Ceiling Looming, Gold Is The Hedge You Want – Tocqueville

By: Doug Groh

Disclaimer

© 2010 Junior Gold Report and TechMoney360

Junior Gold Report and TechMoney360 Newsletter: Junior Gold Report’s and Tech Money 360’s Newsletter is published as a copyright publication of Junior Gold Report (JGR) and TechMoney360 (TM360).  No Guarantee as to Content:  Although JGR/TM360 attempts to research thoroughly and present information based on sources we believe to be reliable, there are no guarantees as to the accuracy or completeness of the information contained herein. Any statements expressed are subject to change without notice. It may contain errors and you should not make any investment decisions based on what you have read on here. JGR/TM360, its associates, authors, and affiliates are not responsible for errors or omissions. By accessing the site and receiving this email, you accept and agree to be bound by and comply with the terms and conditions as set out herein. If you do not accept and agree to the terms you should not use the Junior Gold Report and TechMoney360 sites or accept this email. Consideration for Services: JGR/TM360, it’s editor, affiliates, associates, partners, family members, or contractors may have an interest or position in the featured companies, as well as sponsored companies which compensate JGR/TM360 as such our opinions are biased. We may hold potions in and trade these stocks of the companies we profile and as such our opinions are biased. JGR/TM360 and its’ owner and affiliates/associates may buy/sell and trade the featured companies from time to time. JGR/TM360 has been paid by the companies. Thus, multiple conflicts of interest exist. Therefore, information provided here within should not be construed as a financial analysis but rather as an advertisement. Conduct your own due diligence: The author’s views and opinions regarding the companies featured in report(s) are his/her own views and are based on information that he/she has researched independently and has received, which the author assumes to be reliable. You should never base any buying/selling/trading decisions off of our emails, newsletter, website, videos or any of our published materials. JGR/TM360 aims to provide information and often stock ideas but are by no means recommendations. The ideas and companies featured are highly speculative and you could lose your entire investment – consult a licensed financial advisor if you are considering investing in any of the featured companies. Subscribers/readers are encouraged to conduct their own research and due diligence. The companies mentioned are high risk and considered penny stocks that contain a high risk of volatility, therefore consult your investment advisor and do your own due diligence before purchasing. Never base any investment decision on information contained from our emails, newsletter, website, videos or any of our published materials. No Offer to Sell Securities: JGR/TM360 is not a registered broker dealer, investment advisor, financial analyst, stock picker, investment banker or other investment professional. JGR/TM360 is intended for informational, educational and research purposes only. It is not to be considered as investment advice. No statement or expression of any opinions contained in this report constitutes an offer to buy or sell the shares of the companies mentioned herein. Links: JGR/TM360 may contain links to related websites for stock quotes, charts, etc. JGR/TM360 is not responsible for the content of or the privacy practices of these sites. Information contained herein was extracted from public filings, profiled company websites, and other publicly available sources deemed reliable. Information in this report was taken on or before writing and dissemination and may not be updated. Do you own due diligence as information and events can and do change. Published reports may reference company websites or link to company websites and we disclaim and responsibility for the content and accuracy of any such information or website. Release of Liability: By reading and/or watching videos by JGR/TM360, you agree to hold JGR/TM360, its associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

 

Forward Looking Statements
Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward looking statements are usually identified by the use of certain terminology, including “will”, “believes”, “may”, “expects”, “should”, “seeks”, “anticipates”, “has potential to”, or “intends’ or by discussions of strategy, forward looking numbers or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results or achievements to be materially different from any future results or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts, and include but are not limited to, estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to the effectiveness of the Company’s business model; future operations, products and services; the impact of regulatory initiatives on the Company’s operations; the size of and opportunities related to the market for the Company’s products; general industry and macroeconomic growth rates; expectations related to possible joint and/or strategic ventures and statements regarding future performance. Junior Gold Report/TechMoney360 does not take responsibility for the accuracy of forward looking statements and advises the reader to perform their own due diligence on forward looking numbers or statements.

 

 

 

 

 

Here’s Why Louise Yamada Says Gold’s Going To Break Out

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Full Article: Here’s Why Louise Yamada Says Gold’s Going To Break Out

By: Sarah Benali

(Kitco News) – “You do have enough here to argue that gold can go higher.”

These were the words of veteran technical analyst Louise Yamada as she appeared on CNBC’s Futures Now Tuesday, when the metal rallied to levels last seen right after the U.S. presidential election last year.

Full Article: Here’s Why Louise Yamada Says Gold’s Going To Break Out

By: Sarah Benali

Disclaimer

© 2010 Junior Gold Report and TechMoney360

Junior Gold Report and TechMoney360 Newsletter: Junior Gold Report’s and Tech Money 360’s Newsletter is published as a copyright publication of Junior Gold Report (JGR) and TechMoney360 (TM360).  No Guarantee as to Content:  Although JGR/TM360 attempts to research thoroughly and present information based on sources we believe to be reliable, there are no guarantees as to the accuracy or completeness of the information contained herein. Any statements expressed are subject to change without notice. It may contain errors and you should not make any investment decisions based on what you have read on here. JGR/TM360, its associates, authors, and affiliates are not responsible for errors or omissions. By accessing the site and receiving this email, you accept and agree to be bound by and comply with the terms and conditions as set out herein. If you do not accept and agree to the terms you should not use the Junior Gold Report and TechMoney360 sites or accept this email. Consideration for Services: JGR/TM360, it’s editor, affiliates, associates, partners, family members, or contractors may have an interest or position in the featured companies, as well as sponsored companies which compensate JGR/TM360 as such our opinions are biased. We may hold potions in and trade these stocks of the companies we profile and as such our opinions are biased. JGR/TM360 and its’ owner and affiliates/associates may buy/sell and trade the featured companies from time to time. JGR/TM360 has been paid by the companies. Thus, multiple conflicts of interest exist. Therefore, information provided here within should not be construed as a financial analysis but rather as an advertisement. Conduct your own due diligence: The author’s views and opinions regarding the companies featured in report(s) are his/her own views and are based on information that he/she has researched independently and has received, which the author assumes to be reliable. You should never base any buying/selling/trading decisions off of our emails, newsletter, website, videos or any of our published materials. JGR/TM360 aims to provide information and often stock ideas but are by no means recommendations. The ideas and companies featured are highly speculative and you could lose your entire investment – consult a licensed financial advisor if you are considering investing in any of the featured companies. Subscribers/readers are encouraged to conduct their own research and due diligence. The companies mentioned are high risk and considered penny stocks that contain a high risk of volatility, therefore consult your investment advisor and do your own due diligence before purchasing. Never base any investment decision on information contained from our emails, newsletter, website, videos or any of our published materials. No Offer to Sell Securities: JGR/TM360 is not a registered broker dealer, investment advisor, financial analyst, stock picker, investment banker or other investment professional. JGR/TM360 is intended for informational, educational and research purposes only. It is not to be considered as investment advice. No statement or expression of any opinions contained in this report constitutes an offer to buy or sell the shares of the companies mentioned herein. Links: JGR/TM360 may contain links to related websites for stock quotes, charts, etc. JGR/TM360 is not responsible for the content of or the privacy practices of these sites. Information contained herein was extracted from public filings, profiled company websites, and other publicly available sources deemed reliable. Information in this report was taken on or before writing and dissemination and may not be updated. Do you own due diligence as information and events can and do change. Published reports may reference company websites or link to company websites and we disclaim and responsibility for the content and accuracy of any such information or website. Release of Liability: By reading and/or watching videos by JGR/TM360, you agree to hold JGR/TM360, its associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

 

Forward Looking Statements
Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward looking statements are usually identified by the use of certain terminology, including “will”, “believes”, “may”, “expects”, “should”, “seeks”, “anticipates”, “has potential to”, or “intends’ or by discussions of strategy, forward looking numbers or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results or achievements to be materially different from any future results or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts, and include but are not limited to, estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to the effectiveness of the Company’s business model; future operations, products and services; the impact of regulatory initiatives on the Company’s operations; the size of and opportunities related to the market for the Company’s products; general industry and macroeconomic growth rates; expectations related to possible joint and/or strategic ventures and statements regarding future performance. Junior Gold Report/TechMoney360 does not take responsibility for the accuracy of forward looking statements and advises the reader to perform their own due diligence on forward looking numbers or statements.

 

 

 

 

 

Silver Surging: Price Gains Unleashed

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Full Article: Silver Surging: Price Gains Unleashed

By: Lior Gantz

I’ve been looking at this chart for hours—it says it all, and I want you to get a full grasp of this because in February of last year was when Wealth Research Group last touched on this subject and the subsequent boom brought six 300%+ winners to our newsletter by August.

Full Article: Silver Surging: Price Gains Unleashed

By: Lior Gantz

Disclaimer

© 2010 Junior Gold Report and TechMoney360

Junior Gold Report and TechMoney360 Newsletter: Junior Gold Report’s and Tech Money 360’s Newsletter is published as a copyright publication of Junior Gold Report (JGR) and TechMoney360 (TM360).  No Guarantee as to Content:  Although JGR/TM360 attempts to research thoroughly and present information based on sources we believe to be reliable, there are no guarantees as to the accuracy or completeness of the information contained herein. Any statements expressed are subject to change without notice. It may contain errors and you should not make any investment decisions based on what you have read on here. JGR/TM360, its associates, authors, and affiliates are not responsible for errors or omissions. By accessing the site and receiving this email, you accept and agree to be bound by and comply with the terms and conditions as set out herein. If you do not accept and agree to the terms you should not use the Junior Gold Report and TechMoney360 sites or accept this email. Consideration for Services: JGR/TM360, it’s editor, affiliates, associates, partners, family members, or contractors may have an interest or position in the featured companies, as well as sponsored companies which compensate JGR/TM360 as such our opinions are biased. We may hold potions in and trade these stocks of the companies we profile and as such our opinions are biased. JGR/TM360 and its’ owner and affiliates/associates may buy/sell and trade the featured companies from time to time. JGR/TM360 has been paid by the companies. Thus, multiple conflicts of interest exist. Therefore, information provided here within should not be construed as a financial analysis but rather as an advertisement. Conduct your own due diligence: The author’s views and opinions regarding the companies featured in report(s) are his/her own views and are based on information that he/she has researched independently and has received, which the author assumes to be reliable. You should never base any buying/selling/trading decisions off of our emails, newsletter, website, videos or any of our published materials. JGR/TM360 aims to provide information and often stock ideas but are by no means recommendations. The ideas and companies featured are highly speculative and you could lose your entire investment – consult a licensed financial advisor if you are considering investing in any of the featured companies. Subscribers/readers are encouraged to conduct their own research and due diligence. The companies mentioned are high risk and considered penny stocks that contain a high risk of volatility, therefore consult your investment advisor and do your own due diligence before purchasing. Never base any investment decision on information contained from our emails, newsletter, website, videos or any of our published materials. No Offer to Sell Securities: JGR/TM360 is not a registered broker dealer, investment advisor, financial analyst, stock picker, investment banker or other investment professional. JGR/TM360 is intended for informational, educational and research purposes only. It is not to be considered as investment advice. No statement or expression of any opinions contained in this report constitutes an offer to buy or sell the shares of the companies mentioned herein. Links: JGR/TM360 may contain links to related websites for stock quotes, charts, etc. JGR/TM360 is not responsible for the content of or the privacy practices of these sites. Information contained herein was extracted from public filings, profiled company websites, and other publicly available sources deemed reliable. Information in this report was taken on or before writing and dissemination and may not be updated. Do you own due diligence as information and events can and do change. Published reports may reference company websites or link to company websites and we disclaim and responsibility for the content and accuracy of any such information or website. Release of Liability: By reading and/or watching videos by JGR/TM360, you agree to hold JGR/TM360, its associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

 

Forward Looking Statements
Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward looking statements are usually identified by the use of certain terminology, including “will”, “believes”, “may”, “expects”, “should”, “seeks”, “anticipates”, “has potential to”, or “intends’ or by discussions of strategy, forward looking numbers or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results or achievements to be materially different from any future results or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts, and include but are not limited to, estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to the effectiveness of the Company’s business model; future operations, products and services; the impact of regulatory initiatives on the Company’s operations; the size of and opportunities related to the market for the Company’s products; general industry and macroeconomic growth rates; expectations related to possible joint and/or strategic ventures and statements regarding future performance. Junior Gold Report/TechMoney360 does not take responsibility for the accuracy of forward looking statements and advises the reader to perform their own due diligence on forward looking numbers or statements.

 

 

 

 

 

CSR ADVANCES CASTLE SILVER-COBALT PROJECT

CSR ADVANCES CASTLE SILVER-COBALT PROJECT

 

August 31, 2017 – Castle Silver Resources Inc. (TSX.V: CSR, OTC: TAKRF, FRANKFURT: 4T9B) (the “Company” or “CSR”) is pleased to provide the following update regarding its 100%-owned Castle mine, a prolific past silver producer with polymetallic potential near Gowganda, Ontario, where CSR has important underground access.

 

Highlights:

 

  • A total of 22 drill holes for 2,405 meters have been completed from surface at Castle;
  • Assay results from Swastika Laboratories have returned an average of 3.7 g/t Au in five chip samples from the first level of the Castle mine in addition to the high-grade cobalt, nickel and silver reported June 12, 2017;
  • IOS Services Géoscientifiques Inc. has completeda Niton Portable XRF analysis of vein structures throughout the first level of the Castle mine, allowing the company to efficiently target locations for additional bulk sampling.

 

Frank Basa, President and CEO, commented:  “CSR continues to make progress on multiple fronts, and this quarter’s achievements so far are highlighted by the completion of a first phase of drilling and a clear path to the creation of cobalt sample products from Castle-sourced material through our proprietary Re-2OX process.

 

“In addition,” Basa concluded, “we’re seeing the potential for a variety of mineralization types within the Castle mine, well beyond just the high-grade silver that was recovered intermittently throughout the 1900’s.  CSR is well-funded to carry out its plans for a strong operational finish to 2017.”

 

Drilling

 

Phase 1 drilling from surface at Castle, expanded beyond the originally planned 1,500 meters, was primarily designed to gain a greater understanding of structures carrying potential cobalt mineralization in underground portions of the Castle mine and at shallow levels within approximately 200 meters of the main adit.  Assay results will be reported as soon as they are received, reviewed and interpreted.

 

IOS Services Géoscientifiques Underground Analysis

 

Using Niton portable XRF technology, IOS Services Géoscientifiques recently spent several days at the Castle Property to test vein structures on the first level of the Castle mine.  This work has supported the potential for high-grade cobalt mineralization which will optimize locations for additional bulk sampling and planned underground drilling once portions of drift are rehabilitated as per OHS standards.

Second Lab Supports Gold Content

 

A second lab has provided significant gold assays from a large underground sample completed earlier this summer from the first level of the Castle mine.

 

On July 19, 2017, CSR reported that an 82-kilogram sample of vein material from the first level was crushed to minus 10 mesh, blended and assayed by SGS Lakefield, and returned 5.7 g/t Au in addition to 46.3 g/t silver and 1.48% cobalt.

 

In light of the surprising gold results, Castle instructed Swastika Laboratories to assay potential gold content of five chip samples collected in the immediate vicinity of the vein structure material assayed by SGS Lakefield.  Cobalt, silver and nickel results for these five samples were reported June 12 (average values were 1.06% cobalt, 17.5 g/t Ag and 5.3% nickel).  Gold assays have been received and the average grade is 3.7 g/t Au for the five chip samples with values ranging from a low of 0.72 g/t Au to a high of 7.03 g/t Au.

 

Further studies and sampling are required to determine what the gold may be associated with and if CSR can define gold structures.

 

Quality Assurance/Quality Control

 

Samples were crushed to 85% passing 2 mm, split to 250 grams and pulverized to 90% passing 200 mesh.  Multi-acid digestion followed by AA for the metals.  Gold and silver pulp of 30 grams were assayed by fire assay with AA finish.  The results are in line with expected values and internal laboratory results.  Blank and standard allow the disclosure of results.

Qualified Person

Claude Duplessis, PEng, of Goldminds Geoservices Inc., a geological, environmental and mining consultant, is an independent qualified person in accordance with National Instrument 43-101, and has reviewed and approved the contents of this news release.

About Castle Silver Resources Inc.

 

Castle Silver Resources Inc. (formerly Takara Resources Inc.) is a TSX Venture-listed junior natural resource company focusing on the exploration and development of former silver and cobalt mine properties in northern Ontario including the Castle Silver mine near Gowganda and the Beaver and Violet mines near Cobalt.  Additional information on the Company’s properties is available by visiting its website at www.CastleSilverResources.com.

 

“Frank J. Basa”

Frank J. Basa P. Eng.

President and Chief Executive Officer

For further information, contact:

Frank J. Basa, P. Eng., President and CEO at 1-819-797-4144, or

Wayne Cheveldayoff, Investor Relations, waynecheveldayoff@gmail.com, 416-710-2410

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Disclaimer

© 2010 Junior Gold Report and TechMoney360

Junior Gold Report and TechMoney360 Newsletter: Junior Gold Report’s and Tech Money 360’s Newsletter is published as a copyright publication of Junior Gold Report (JGR) and TechMoney360 (TM360).  No Guarantee as to Content:  Although JGR/TM360 attempts to research thoroughly and present information based on sources we believe to be reliable, there are no guarantees as to the accuracy or completeness of the information contained herein. Any statements expressed are subject to change without notice. It may contain errors and you should not make any investment decisions based on what you have read on here. JGR/TM360, its associates, authors, and affiliates are not responsible for errors or omissions. By accessing the site and receiving this email, you accept and agree to be bound by and comply with the terms and conditions as set out herein. If you do not accept and agree to the terms you should not use the Junior Gold Report and TechMoney360 sites or accept this email. Consideration for Services: JGR/TM360, it’s editor, affiliates, associates, partners, family members, or contractors may have an interest or position in the featured companies, as well as sponsored companies which compensate JGR/TM360 as such our opinions are biased. We may hold potions in and trade these stocks of the companies we profile and as such our opinions are biased. JGR/TM360 and its’ owner and affiliates/associates may buy/sell and trade the featured companies from time to time. JGR/TM360 has been paid by the companies. Thus, multiple conflicts of interest exist. Therefore, information provided here within should not be construed as a financial analysis but rather as an advertisement. Conduct your own due diligence: The author’s views and opinions regarding the companies featured in report(s) are his/her own views and are based on information that he/she has researched independently and has received, which the author assumes to be reliable. You should never base any buying/selling/trading decisions off of our emails, newsletter, website, videos or any of our published materials. JGR/TM360 aims to provide information and often stock ideas but are by no means recommendations. The ideas and companies featured are highly speculative and you could lose your entire investment – consult a licensed financial advisor if you are considering investing in any of the featured companies. Subscribers/readers are encouraged to conduct their own research and due diligence. The companies mentioned are high risk and considered penny stocks that contain a high risk of volatility, therefore consult your investment advisor and do your own due diligence before purchasing. Never base any investment decision on information contained from our emails, newsletter, website, videos or any of our published materials. No Offer to Sell Securities: JGR/TM360 is not a registered broker dealer, investment advisor, financial analyst, stock picker, investment banker or other investment professional. JGR/TM360 is intended for informational, educational and research purposes only. It is not to be considered as investment advice. No statement or expression of any opinions contained in this report constitutes an offer to buy or sell the shares of the companies mentioned herein. Links: JGR/TM360 may contain links to related websites for stock quotes, charts, etc. JGR/TM360 is not responsible for the content of or the privacy practices of these sites. Information contained herein was extracted from public filings, profiled company websites, and other publicly available sources deemed reliable. Information in this report was taken on or before writing and dissemination and may not be updated. Do you own due diligence as information and events can and do change. Published reports may reference company websites or link to company websites and we disclaim and responsibility for the content and accuracy of any such information or website. Release of Liability: By reading and/or watching videos by JGR/TM360, you agree to hold JGR/TM360, its associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

 

Forward Looking Statements
Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward looking statements are usually identified by the use of certain terminology, including “will”, “believes”, “may”, “expects”, “should”, “seeks”, “anticipates”, “has potential to”, or “intends’ or by discussions of strategy, forward looking numbers or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results or achievements to be materially different from any future results or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts, and include but are not limited to, estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to the effectiveness of the Company’s business model; future operations, products and services; the impact of regulatory initiatives on the Company’s operations; the size of and opportunities related to the market for the Company’s products; general industry and macroeconomic growth rates; expectations related to possible joint and/or strategic ventures and statements regarding future performance. Junior Gold Report/TechMoney360 does not take responsibility for the accuracy of forward looking statements and advises the reader to perform their own due diligence on forward looking numbers or statements.

 

 

 

 

 

The Truth About the Fort Knox Gold

0

Full Article: The Truth About the Fort Knox Gold

By: James Rickards

One of the little-known items on the Fed’s balance sheet is a vital asset it received from the U.S. Treasury a long time ago…

During the Great Depression, in 1933, President Roosevelt issued an executive order requiring anyone with gold to surrender it to a Federal Reserve bank or any member bank of the Federal Reserve system.

Full Article: The Truth About the Fort Knox Gold

By: James Rickards

Disclaimer

© 2010 Junior Gold Report and TechMoney360

Junior Gold Report and TechMoney360 Newsletter: Junior Gold Report’s and Tech Money 360’s Newsletter is published as a copyright publication of Junior Gold Report (JGR) and TechMoney360 (TM360).  No Guarantee as to Content:  Although JGR/TM360 attempts to research thoroughly and present information based on sources we believe to be reliable, there are no guarantees as to the accuracy or completeness of the information contained herein. Any statements expressed are subject to change without notice. It may contain errors and you should not make any investment decisions based on what you have read on here. JGR/TM360, its associates, authors, and affiliates are not responsible for errors or omissions. By accessing the site and receiving this email, you accept and agree to be bound by and comply with the terms and conditions as set out herein. If you do not accept and agree to the terms you should not use the Junior Gold Report and TechMoney360 sites or accept this email. Consideration for Services: JGR/TM360, it’s editor, affiliates, associates, partners, family members, or contractors may have an interest or position in the featured companies, as well as sponsored companies which compensate JGR/TM360 as such our opinions are biased. We may hold potions in and trade these stocks of the companies we profile and as such our opinions are biased. JGR/TM360 and its’ owner and affiliates/associates may buy/sell and trade the featured companies from time to time. JGR/TM360 has been paid by the companies. Thus, multiple conflicts of interest exist. Therefore, information provided here within should not be construed as a financial analysis but rather as an advertisement. Conduct your own due diligence: The author’s views and opinions regarding the companies featured in report(s) are his/her own views and are based on information that he/she has researched independently and has received, which the author assumes to be reliable. You should never base any buying/selling/trading decisions off of our emails, newsletter, website, videos or any of our published materials. JGR/TM360 aims to provide information and often stock ideas but are by no means recommendations. The ideas and companies featured are highly speculative and you could lose your entire investment – consult a licensed financial advisor if you are considering investing in any of the featured companies. Subscribers/readers are encouraged to conduct their own research and due diligence. The companies mentioned are high risk and considered penny stocks that contain a high risk of volatility, therefore consult your investment advisor and do your own due diligence before purchasing. Never base any investment decision on information contained from our emails, newsletter, website, videos or any of our published materials. No Offer to Sell Securities: JGR/TM360 is not a registered broker dealer, investment advisor, financial analyst, stock picker, investment banker or other investment professional. JGR/TM360 is intended for informational, educational and research purposes only. It is not to be considered as investment advice. No statement or expression of any opinions contained in this report constitutes an offer to buy or sell the shares of the companies mentioned herein. Links: JGR/TM360 may contain links to related websites for stock quotes, charts, etc. JGR/TM360 is not responsible for the content of or the privacy practices of these sites. Information contained herein was extracted from public filings, profiled company websites, and other publicly available sources deemed reliable. Information in this report was taken on or before writing and dissemination and may not be updated. Do you own due diligence as information and events can and do change. Published reports may reference company websites or link to company websites and we disclaim and responsibility for the content and accuracy of any such information or website. Release of Liability: By reading and/or watching videos by JGR/TM360, you agree to hold JGR/TM360, its associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

 

Forward Looking Statements
Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward looking statements are usually identified by the use of certain terminology, including “will”, “believes”, “may”, “expects”, “should”, “seeks”, “anticipates”, “has potential to”, or “intends’ or by discussions of strategy, forward looking numbers or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results or achievements to be materially different from any future results or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts, and include but are not limited to, estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to the effectiveness of the Company’s business model; future operations, products and services; the impact of regulatory initiatives on the Company’s operations; the size of and opportunities related to the market for the Company’s products; general industry and macroeconomic growth rates; expectations related to possible joint and/or strategic ventures and statements regarding future performance. Junior Gold Report/TechMoney360 does not take responsibility for the accuracy of forward looking statements and advises the reader to perform their own due diligence on forward looking numbers or statements.

 

 

 

 

 

Gold and the Waves of Fortune – breaking above $1300/oz.

0

There’s an old parable about a farmer and his horse and the waves of fortune. It starts with the farmer losing his most valuable possession, his horse. A neighbor stops by and says to him “I’m so sorry about your horse”, the farmer merely replies, “There’s always some good in the bad.”  The neighbor has a hard time seeing what could be good about this, but the next day, the horse comes back with 12 feral horses, leaving the farmer even better off than before.

The recent environment surrounding the trade of gold has been a bit like this farmer’s story, especially considering the roller coaster ride gold went on last year around the election.  However, Gold has been on a steady rise since hitting a drastic low in December of last year.This month has seen the price of gold finally rise over $1300 again for the first time since November of last year.

However, this has left Fed officials trying to determine when or if these rates should be raised with inflation’s recent lackluster performance playing a major role in those discussions. Analysts and investors alike have been watching these discussions closely, and word from Jackson Hole is expected to reveal news that will only drive the value of the dollar lower.

What this means is that the precious metal may not in fact continue to rise about the 12% increase that it’s seen unless something changes.  In a fine example of “Always some good in the bad” the thing that investors are waiting to change is the level of tensions in North Korea at the moment.  If North Korea and the United States don’t cool down the political arena, then the tensions are going to escalate.  If this happens than we can expect gold to play out true to form, and increase in value as the world tensions increase.  Political uncertainty has always played a major role in gold prices, so this situation is under the microscope.1

Miners in particular are happy to hear the news, especially those that have been waiting for new mines to open so they could get back to work.  With the price of gold on the rise and tensions rising all over the world, global research firm BMI has indicated that it expects to see projects develop in active markets. In addition to Australia’s gold mining industry, which has been somewhat depressed through the past year, Shandong Gold and Shaanxi Gold of China are also expected to increase their mining operations.  So in addition to gold prices being on the rise, it appears that the uncertain times we live in may in fact provide an opportunity for prosperity for many.2

This doesn’t mean that these companies are going to conduct their business recklessly, “We expect firms to remain committed to spending cuts in an effort to reduce debt loads.” was the word from BMI.  Given this, while the growth of new mining operations seem to be on the rise, there is expected to be a note of caution involved with cost cutting measures being a primary focus.2

Aggressive growth is expected among Chinese gold firms, with Shandong Gold and Shaanxi Gold expected to invest in mining projects all over the world.  Cost cutting measures are expected to continue to remain the focus of these miners with an aim at dealing with future price volatility. BMI had this to say about the current market environment “We expect firms to remain committed to spending cuts in an effort to reduce debt loads”2

10 months is a long time for any asset to see consistent gains, and gold has been remarkably reliable in the past year.  It is speculated that there are three major elements contributing to its current growth, the already mentioned weak dollar being foremost among them.  Add in a low-yield environment and miners’ past hesitance to expand their production rates, along with newly emerging markets, and you have the perfect environment for gold to thrive and investors to profit.3

One other element that is playing heavily into the rising cost of gold, one that will support the rise for a time but may eventually drop off, is the energy related assets affected by Tropical Storm Harvey.  The damage from this storm led to a major drop off in crude oil prices, but bolstered the cost of gasoline.  Gold, as it is wont to do in the face of disaster and troubling times, has spiked along with the price of gas.

“The economic impact of Hurricane Harvey is still very hard to determine.” said equity analyst Matt Maley of Miller Tabak & Co.  Harvey’s damage is expected to equal close to $30 billion, as every aspect of infrastructure is taking hits.  Labor force, transportation, and the power grid have all been affected by this storm, and the costs continue to rise.  In sheer economic damage, it may end up being rated among the eight top hurricanes to have hit the US.4 That kind of damage is going to have a serious impact on the marketplace, and creates exactly the kind of unrest and uncertainty that gold needs to thrive.

All of these factors come together to create an atmosphere of uncertainty, from major natural disasters to a growing political unease with North Korea, there’s good news for gold investors all around.  The US and North Korea are definitely the leading characters in the worlds political drama, but the current unrest on America’s shores. Combined with recent events in Venezuela all the signs point towards the safe-haven investment of gold being a good one in the current climate.

We’ll leave you with the words of one of the world’s largest money manager, Russ Koesterich of Blackrock. He states that while he has “no special insight into the Greek drama that is modern day Washington… bet on gold’s diversifying properties…”  So gold investors, it’s an excellent time to continue managing your gold portfolio and building security against uncertainty in an uncertain world, taking advantage of that good in the bad.5

Happy Investing!

Dr. Kal Kotecha

  1. http://www.foxbusiness.com/features/2017/08/28/metals-gold-prices-continue-rising-amid-dollar-weakness.html
  2. http://www.miningweekly.com/article/rising-gold-prices-to-result-in-gradual-recovery-for-miners-bmi-2017-08-28
  3. https://www.kitco.com/news/2017-08-28/Gold-Hits-10-Mth-High-These-Are-3-Key-Drivers-Analysts.html
  4. https://www.bloomberg.com/news/articles/2017-08-27/pound-leads-surge-against-dollar-stocks-seen-flat-markets-wrap
  5. http://www.goldcore.com/us/gold-blog/diversify-gold-u-s-political-instability-advise-blackrock/
  6. http://www.macrotrends.net/1478/gold-prices-10-year-daily-chart 

 

 

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