Showing posts with label Frank Holmes. Show all posts
Showing posts with label Frank Holmes. Show all posts

Sunday, 31 May 2015

How Gold Is Mined, Refined And Formed.



Peak Gold: 10 Remarkable Gold and Silver Trends Going Into 2015.

  




TNR Gold: Shotgun Gold Project Development in Alaska.


 "Nova Gold has published its new presentation for PDAC 2015. Now you can find more information about Alaska as mining jurisdiction and Donlin Gold type of Gold deposit. TNR Gold owns 100% of Shotgun Gold project in Alaska, which has very similar geology to Donlin Gold, according to Greg Johnson - one of the founders of Nova Gold. Read more."



Is China Preparing For Something Big With Record Gold Deposits Acquisitions?



  China is buying not only physical Gold, but gold deposits by the record all over the world. These days "to mine" gold resources on the exchanges is much cheaper than in the ground. Junior miners are still sold out into the ground and a lot of them are trading even lower than their cash positions in the banks.


TNR Gold: Shotgun Gold Project Development in Alaska.


 "Nova Gold has published its new presentation for PDAC 2015. Now you can find more information about Alaska as mining jurisdiction and Donlin Gold type of Gold deposit. TNR Gold owns 100% of Shotgun Gold project in Alaska, which has very similar geology to Donlin Gold, according to Greg Johnson - one of the founders of Nova Gold. Read more."


Thursday, 14 May 2015

Higher Yields Signal Inflation - Gold Surges Above $1,200 On More Than Just Bad Data



"Gold prices rose above the $1,200 mantle following disappointing U.S. economic data early Wednesday morning, but Jim Wyckoff says that there’s more to gold’s rise than poor data. He notes that there are “underlying factors lending support to the gold market, including a recent slump in the U.S. dollar index, some safe-haven demand due to Greece worries about their debt restructuring negotiations and also the recent rout in world bond markets.” Tune in now to hear Wyckoff expand on how the safe-haven bid can continue, powered by Greece and bond markets, as well as his Wyckoff gold & silver market ratings that are seeing highs they haven’t seen a in a while. Kitco News. May 13, 2015."



TNR Gold: Shotgun Gold Project Development in Alaska.

 
 "Nova Gold has published its new presentation for PDAC 2015. Now you can find more information about Alaska as mining jurisdiction and Donlin Gold type of Gold deposit. TNR Gold owns 100% of Shotgun Gold project in Alaska, which has very similar geology to Donlin Gold, according to Greg Johnson - one of the founders of Nova Gold. Read more."




Tuesday, 12 May 2015

Frank Holmes: Does Gold Have A Strong Base?



"Kitco News kicks off the week with Frank Holmes as gold prices see a bit of a boost Monday morning following a surprise rate cut from China and worries over Greece’s debt problems. Although gold is back down, Frank says he thinks the metal has a strong base. “I think the demand out of China…is going to be substantially greater this year.” Frank also comments on gold stocks and how he sees the GDX and GDXJ performing better. “Gold stocks are leading the way,” he says. Tune in now to learn find out what he thinks will be this week’s touchdown pass. Kitco News, May 11, 2015."


TNR Gold: Shotgun Gold Project Development in Alaska.


 "Nova Gold has published its new presentation for PDAC 2015. Now you can find more information about Alaska as mining jurisdiction and Donlin Gold type of Gold deposit. TNR Gold owns 100% of Shotgun Gold project in Alaska, which has very similar geology to Donlin Gold, according to Greg Johnson - one of the founders of Nova Gold. Read more."


Tuesday, 10 March 2015

Frank Holmes: Gold - No Reason To Let Dollar Get Stronger.



"Kitco News is back in studio and kicks off the week with Frank Holmes and the Gold Game Film. Holmes comments on gold’s sharp drop last Friday and how he sees the metal set up for the week ahead. “What’s really impressive is that the dollar hit an 11-year high but gold, 11 years ago, was $400 an ounce and oil was $40 a barrel – so gold is doing spectacularly well in that context,” he says, adding that he doesn’t think the Federal Reserve has to raise rates. “I think what’s important for investors is that the real rates return are very strong, there’s no reason to get the dollar any stronger by lifting rates higher because it would truly hurt America’s ability to export finished products.” Tune in now to see what Frank thinks may be gold’s touchdown pass of the week. Kitco News, March 9, 2015."


Central Banks Bought 477 t of Gold In 2014 - Second Highest In 50 Years.


  "Koos Jansen debates a lot of data produced by World Gold Council and I will stay with him on his in-depth analysis of China's Gold Demand picture. But WGC has produced the very important news in this presentation: Central Banks Bought 477 t of Gold In 2014 - Second Highest In 50 Years. Now we can add it to the Peak Gold production in 2015 reports."


"Gold production is expected to peak in 2015. As the next chart suggests, the discovery cycle peaked some 20 years ago, and that will only reflect as of this year in the production volumes. Combine this with the falling gold prices (currently right below the average cost of production), and the result is a series of liquidations of miners and mining projects which would lead to an even more drastic short-term decrease of gold output."

Saturday, 28 February 2015

Wednesday, 25 February 2015

Jim Grant: It's Clear Why Gold Should Be Better.



"Gold Stock Analysts' keynote speaker is Jim Grant and Kitco News sits with the interest rate guru himself to see how he sees central bankers affecting gold prices this year. "My hunch is that [the Fed] will be very slow to raise its rate," he says, adding that it will prove to be difficult for the central bank this year. "I think central banks are mainly marching to the same beat of the same drummer. The drummer is of radical intervention," he says. Looking to gold prices, Grant says he is frustrated because he sees "clearly why gold ought to be doing better." He says he can't imagine how anyone can have confidence in the current doctrines of central bankers. "It seems to me that the world will eventually see that these policies are non-starters, or if they are starting they won't end well...that for me is a simple case for gold." Kitco News, February 23, 2015."



At Least Ten Banks Face U.S. Manipulation Probe Over Gold and Silver Pricing.


   We have the breaking news for the all Gold community. Another conspiracy theory is getting under the spotlight on its way to the courtrooms. But can we actually believe that it will be different this time? Manipulation is part of the system and Central Banks are doing it all the time, will public even take notice? Gold manipulation affects all investors as the scale  of FIAT currency debasement is hidden from the public. Needless to say, that when all Central banks are involved in Currency Wars Gold should act as the real store of value in the normal market circumstances. Companies like us are affected as well, when the suppressed gold price reduce the valuations of the projects and prevents us from normal access to the capital. FED is walking the very fine line now with the economy and if the rate hike will not match the investors' expectations US Dollar parabolic move will end with the sharp correction.  This investigation should bring the new dynamic to the Gold market now. Read more."


Who Is Manipulating The Gold Market And Why?


  "Gold is under pressure today and sliding from $1,300 level reached last week towards $1,250. Good day to check on Gold fundamentals with Chris Martenson and Gold manipulation with Chris Powell from GATA. The key to the Bull market is price action with higher lows and higher highs ... Gold is making it so far from last December. How long the manipulation by Central Banks can take its place and distort all markets and Gold primarily? China can be the answer and Jim Rickards even goes as far as suggesting that China is benefiting from this arranged manipulation accumulating all available Gold now. I do not know whether China participate in this manipulation with FED and other Central Banks, but it is definitely buying all the dips so far! Read more."





Tuesday, 24 February 2015

Jim Rickards: Comprehensive Review Of Gold Price Manipulation, Techniques And Proofs.



  This video is from September 2014 - Jim Rickards explains in depth the Gold manipulation techniques. Can someone send it to DOJ now? It will be the total embarrassment if they will not find any criminal activity now.

Chris Powell of GATA: Gold Manipulation Historical Fact Not Conspiracy Theory - Confirmed by DOJ.


  How much of this rigging game in all commodities markets will see the light of the day now? Will feds prosecute the FED? Too much to ask, but the timing is very interesting now. Read more."


At Least Ten Banks Face U.S. Manipulation Probe Over Gold and Silver Pricing.


   We have the breaking news for the all Gold community. Another conspiracy theory is getting under the spotlight on its way to the courtrooms. But can we actually believe that it will be different this time? Manipulation is part of the system and Central Banks are doing it all the time, will public even take notice? Gold manipulation affects all investors as the scale  of FIAT currency debasement is hidden from the public. Needless to say, that when all Central banks are involved in Currency Wars Gold should act as the real store of value in the normal market circumstances. Companies like us are affected as well, when the suppressed gold price reduce the valuations of the projects and prevents us from normal access to the capital. FED is walking the very fine line now with the economy and if the rate hike will not match the investors' expectations US Dollar parabolic move will end with the sharp correction.  This investigation should bring the new dynamic to the Gold market now. Read more."


Who Is Manipulating The Gold Market And Why?


  "Gold is under pressure today and sliding from $1,300 level reached last week towards $1,250. Good day to check on Gold fundamentals with Chris Martenson and Gold manipulation with Chris Powell from GATA. The key to the Bull market is price action with higher lows and higher highs ... Gold is making it so far from last December. How long the manipulation by Central Banks can take its place and distort all markets and Gold primarily? China can be the answer and Jim Rickards even goes as far as suggesting that China is benefiting from this arranged manipulation accumulating all available Gold now. I do not know whether China participate in this manipulation with FED and other Central Banks, but it is definitely buying all the dips so far! Read more."



Chris Powell of GATA: Gold Manipulation Historical Fact Not Conspiracy Theory - Confirmed by DOJ.




  How much of this rigging game in all commodities markets will see the light of the day now? Will feds prosecute the FED? Too much to ask, but the timing is very interesting now. 


At Least Ten Banks Face U.S. Manipulation Probe Over Gold and Silver Pricing.


   We have the breaking news for the all Gold community. Another conspiracy theory is getting under the spotlight on its way to the courtrooms. But can we actually believe that it will be different this time? Manipulation is part of the system and Central Banks are doing it all the time, will public even take notice? Gold manipulation affects all investors as the scale  of FIAT currency debasement is hidden from the public. Needless to say, that when all Central banks are involved in Currency Wars Gold should act as the real store of value in the normal market circumstances. Companies like us are affected as well, when the suppressed gold price reduce the valuations of the projects and prevents us from normal access to the capital. FED is walking the very fine line now with the economy and if the rate hike will not match the investors' expectations US Dollar parabolic move will end with the sharp correction.  This investigation should bring the new dynamic to the Gold market now. Read more."


Who Is Manipulating The Gold Market And Why?


  "Gold is under pressure today and sliding from $1,300 level reached last week towards $1,250. Good day to check on Gold fundamentals with Chris Martenson and Gold manipulation with Chris Powell from GATA. The key to the Bull market is price action with higher lows and higher highs ... Gold is making it so far from last December. How long the manipulation by Central Banks can take its place and distort all markets and Gold primarily? China can be the answer and Jim Rickards even goes as far as suggesting that China is benefiting from this arranged manipulation accumulating all available Gold now. I do not know whether China participate in this manipulation with FED and other Central Banks, but it is definitely buying all the dips so far! Read more."




At Least Ten Banks Face U.S. Manipulation Probe Over Gold and Silver Pricing.

 


  We have the breaking news for the all Gold community. Another conspiracy theory is getting under the spotlight on its way to the courtrooms. But can we actually believe that it will be different this time? Manipulation is part of the system and Central Banks are doing it all the time, will public even take notice? Gold manipulation affects all investors as the scale  of FIAT currency debasement is hidden from the public. Needless to say, that when all Central banks are involved in Currency Wars Gold should act as the real store of value in the normal market circumstances. Companies like us are affected as well, when the suppressed gold price reduce the valuations of the projects and prevents us from normal access to the capital. FED is walking the very fine line now with the economy and if the rate hike will not match the investors' expectations US Dollar parabolic move will end with the sharp correction.  This investigation should bring the new dynamic to the Gold market now.


Bloomberg:


(Bloomberg) -- The U.S. Justice Department is investigating whether the world’s biggest banks manipulated prices of precious metals such as silver and gold, according to people with knowledge of the matter. 
At least 10 banks, including Barclays Plc, JPMorgan Chase & Co., and Deutsche Bank AG are being probed by the Justice Department’s antitrust division, said one the people, who asked not to be named because the matter is confidential. 
The metals investigation, which is in the early stages, broadens the Justice Department’s ongoing scrutiny of banks over manipulation of financial benchmarks. Prosecutors are conducting criminal investigations into the alleged rigging of interbank lending rates and currency markets. Bloomberg."

Who Is Manipulating The Gold Market And Why?


  "Gold is under pressure today and sliding from $1,300 level reached last week towards $1,250. Good day to check on Gold fundamentals with Chris Martenson and Gold manipulation with Chris Powell from GATA. The key to the Bull market is price action with higher lows and higher highs ... Gold is making it so far from last December. How long the manipulation by Central Banks can take its place and distort all markets and Gold primarily? China can be the answer and Jim Rickards even goes as far as suggesting that China is benefiting from this arranged manipulation accumulating all available Gold now. I do not know whether China participate in this manipulation with FED and other Central Banks, but it is definitely buying all the dips so far! Read more."





Sunday, 22 February 2015

Frank Holmes: China is Effectively Consuming all of the World’s New Mined Gold Supply.




TNR Gold: Shotgun Gold Project in Alaska Presentation.

 "Never fight Central Banks - they have unlimited resources and can print all the money they want until the total breakdown in the system. The war on Deflation is on and ECB has unleashed its own QE with 1 Trillion Euro to be printed for a start. I would not bet on the end of the world, but would do definitely on Inflation. The desire to destroy the FIAT currencies by Central banks is almost unstoppable. Gold is surging in all currencies now and we are entering the new stage, when All FIAT currencies will depreciate against Gold. Nobody was interested in Gold projects with Gold sliding last few years, now it is time to look at the best ones, providing the scale for the new significant discoveries. Read more."




Kitco:

China is Effectively Consuming all of the World’s New Mined Gold Supply.

Strengths

  • The Shanghai Gold Exchange in January, China is effectively consuming all of the world’s new mined supply.
  • In 2014 governments added 477.2 metric tonnes to their reserves, the second-biggest increase in 50 years and 17 percent more than the previous year. Furthermore, central banks have added to gold reserves for the past five years, representing a reversal from two decades of selling. For investors considering adding bullion to their portfolio, gold just triggered this long-term buy signal (only the fourth one to show up in the past 10 years as illustrated by the technical chart shown below). The prior signals have come in 2005, 2007 and 2009, and each time gold rallied thereafter.
-Becoming-Currency-of-Choice-in-Turbulent-Market
Weaknesses
  • Gold traders are bearish for the first time in three months on concerns about a stronger dollar and weakening demand from China’s slowing economy.
  • Two people remained missing after Mexican police freed 10 others who were kidnapped last Friday. The incident happened in the same southern region where the disappearance and murder of 43 students in September ignited protests throughout the country. One of the people missing is a worker from Torex Gold Resources. B2Gold Corp announced the overnight shooting death on Wednesday of two security guards at the Masbate Gold Mine operating in the Philippines.
  • Greece’s new left-wing government announced it will legally oppose a Canadian-run gold mine in northern Greece belonging to Eldorado Gold Corp. on the grounds of worker protections.
Opportunities
  • The merger and acquisition (M&A) space seems to be heating up in the gold mining industry. Tahoe Resources announced on Monday it will acquire Rio Alto Mining for $1.1 billion. Mark Bristow, CEO of Randgold Resources, said the company has been “flat-out besieged with offers to buy assets.” Acacia Mining said it’s looking to do a transformational deal this year. Lastly, AngloGold Ashanti’s CEO said he is looking to sell assets or form joint ventures to reduce debt.
  • There is growing consensus in the market that an unspoken currency war has broken out. This is a result of many countries facing zero interest rates and binding fiscal constraints. With such constraints, the only policy tool at their disposal to stimulate growth is targeting a weaker exchange rate. While a weak currency might provide a short-term boost to the countries engaging in currency devaluation, the fact that so many countries are concurrently engaging in these tactics will likely mean we may end up with higher foreign-exchange volatility. In such a scenario, gold is increasingly looked upon as the currency of choice.
-Becoming-Currency-of-Choice-in-Turbulent-Market
  • U.S. retail sales tumbled 0.8 percent in January despite the “great” jobs report and sharply lower gasoline prices. Furthermore, U.S. corporate profits and sales are crumbling with companies in sectors such as technology, telecommunications, consumer discretionary and staples all seeing sharp earnings per share (EPS) slowdowns as a result of the strong dollar. Lastly, Credit Suisse recommended underweighting U.S. equities as they have slipped on both economic and earnings-momentum scorecards. A weakening of the U.S. market would provide a catalyst for gold.
Threats
  • In its 2015 outlook report, JPMorgan Chase said that a strengthening U.S. dollar, weaker energy prices and low inflation will dampen gold demand.
  • President Zuma of South Africa announced in his State of the Nation address that foreign nationals will be barred from owning land in the country, only allowing them to enter into long-term lease contracts. Furthermore, last month Zuma referred the Mineral and Petroleum Resources Development Act Amendment Bill back to parliament for reconsideration.
  • South Africa’s mining industry remains a highly complex space where aligning competing interests has proved difficult. Mining companies, labor and government seem to have very different opinions on how things should be done, leading to instability. Justin Froneman, director of equity research at Credit Suisse, said that international investors want active leadership at both the corporate and country level in order to reduce uncertainty.
Frank Holmes
CEO and Chief Investment Officer
U.S. Global Investors"

Wednesday, 11 February 2015

Peter Schiff: Gold, Greece and Markets - The Further in Future the Next Crash, The Worse It's Going To Be.



"On the so-called “recovery,” money manager Schiff says, “We had a recovery in the stock market, asset prices went up. We had a recovery in the real estate market, but we didn’t have an economic recovery. Did we recover the jobs that we lost—no. We recovered jobs, but not the ones that we lost. We lost higher paying full-time jobs, and we gained lower paying part-time jobs.”

On the next financial calamity, Schiff says one is on its way. It’s just a matter of time. Schiff says, “I know it’s going to happen. The problem is the further into the future it is, the worse it’s going to be because until it happens, the problems are just getting bigger. They are not getting solved. . . . The further into the future the crisis comes, the bigger the problems are when we are confronted with them. So, I hope something happens this year because if it doesn’t, it is going to happen in a latter year, and it’s going to be worse.”






Peak Gold: 10 Remarkable Gold and Silver Trends Going Into 2015.



  



Tuesday, 10 February 2015

Frank Holmes: Chinese New Year: Opportunity Or Threat For Gold?



"Frank Holmes joins Kitco News from Cape Town, South Africa to talk about how he sees the gold market and the mining industry set up ahead of next week’s Chinese New Year. Holmes comments on the "Greek drama" and says he sees the uncertainty helping gold prices. "Anytime you get this negative real interest rate scenario, gold starts to rally in those countries currencies and I think that's going to continue," he says. Looking to the U.S. markets, Holmes says the strong dollar will prove to be a challenge to American mining companies as it will boost their operating costs. Tune in now to see why he thinks silver exchange-traded funds aren't performing as notably as gold ETFs, and what he thinks may be gold's touchdown pass this week. Kitco News, February 9, 2015."


Peak Gold: 10 Remarkable Gold and Silver Trends Going Into 2015.


  



TNR Gold: Shotgun Gold Project in Alaska Presentation.

 "Never fight Central Banks - they have unlimited resources and can print all the money they want until the total breakdown in the system. The war on Deflation is on and ECB has unleashed its own QE with 1 Trillion Euro to be printed for a start. I would not bet on the end of the world, but would do definitely on Inflation. The desire to destroy the FIAT currencies by Central banks is almost unstoppable. Gold is surging in all currencies now and we are entering the new stage, when All FIAT currencies will depreciate against Gold. Nobody was interested in Gold projects with Gold sliding last few years, now it is time to look at the best ones, providing the scale for the new significant discoveries. Read more."

Wednesday, 4 February 2015

Frank Holmes: What Is Next For Gold And Gold Miners?




"Kitco News speaks with US Global’s Frank Holmes to see how he sees gold set up following Sunday’s Super Bowl XLIX. Holmes says when looking at gold as a currency, it has performed “exceptionally well” however, he does think gold stocks are in need of a reversal. “Statistically speaking, gold stocks are so depressed,” he says. “Falling energy prices and weak country currencies…where gold is being produced is a huge windfall for many of these gold mining companies,” he adds. Holmes says that several factors are supporting gold prices right now including its safe haven appeal, but also negative real interest rates and Europe. “[N]egative real interest rates economically create uncertainty and the geopolitics of Europe creates another uncertainty, so gold definitely becomes the reasonable place to put capital.” Tune in now to hear his touchdown Super Bowl pass of the week. Kitco News, February 2, 2014."


China Buys 202 t of Gold in 3 weeks - Koos Jansen: SGE Withdrawals Week 3, 2015: 71 tonnes!



  "We have a nice short squeeze today in the gold market and Gold is marching back towards $1,300 threshold after being smashed this week. U.S. GDP for Q4 came below expectations at 2.6% and there are more and more talks about the strong dollar killing export and corporate earnings. The upbeat on economy FED can face a very different reality after the Oil crash will make its way throughout the system with massive layoffs, cuts on CAPEX and even ... stop of shares buybacks.
  Meanwhile Koos Jansen reports that in China people are buying Gold in record amounts, every dip in price is being bought literally and first 3 weeks in 2015 have seen 202 t of Gold withdrawn from SGE.
  Miners start to move up again and NOVAGOLD is quite on fire after its positive news from Alaska, hopefully our Shotgun Project will get the proper attention with gold breaking above $1,300."


Alaska - NOVAGOLD Marks 2014 by Reaching Important 

Milestones in Advancing Permitting of Donlin Gold.



  We have another positive release from NOVAGOLD for Gold mining in Alaska. Now the Gold price above $1,300 should bring interest back to this safe mining jurisdiction and TNR Gold Shotgun Gold project.


TNR Gold: Shotgun Gold Project Fact Sheet January 2015.