Will Scottie Resources follow Ascot’s valuation higher?

Will Scottie Resources follow Ascot’s valuation higher?

Article by Peter Epstein & Epstein Research [ER] WOW, gold is on a nice run, currently around $1,916/oz., up $302/oz. from a low of $1,614/oz. four months ago. That’s a gain of +18.7%. If gold were to rally another +18.7% it would reach a (nominal) all-time high of $2,274/oz.! “Three factors that could help push the metal to new record highs in 2023? One, […]

Jaxon Mining — strong team, great metals portfolio, lots of ways to win here

Jaxon Mining — strong team, great metals portfolio, lots of ways to win here

by Peter Epstein & Epstein Research [ER] I recently met with John King Burns, (“JKB“) CEO of poly-metallic, Canadian copper-focused Jaxon Mining (TSX-v: JAX). I found him refreshingly optimistic, but also candid about the junior mining sector. This year is off to a terrific start for select industrial commodities, with copper up nearly +30% from its 4-month […]

Falcon Gold (FG.V) shareholder’s approve spin-out Latamark Resources

Falcon Gold (FG.V) shareholder’s approve spin-out Latamark Resources

Falcon Gold (FG.V) has provided an update on its previously announced plan of arrangement furthering a press release on August 10th 2022. On September 8th 2022, Falcon Gold shareholders approved the spin-out and the company’s arrangement agreement with its wholly owned subsidiary Latamark Resources Corp. CEO Karim Rayani reaffirmed his focus on creating value for shareholders […]

Marvel Receives Heliborne Magnetic -TDEM Survey, Results at Duhamel NI-CU-CO Property, Expands Land Position, Lac St. Jean, Qc  

Marvel Receives Heliborne Magnetic -TDEM Survey, Results at Duhamel NI-CU-CO Property, Expands Land Position, Lac St. Jean, Qc  

February 15, 2022. Vancouver, B.C. – Marvel Discovery Corp. (TSX-V: MARV), (Frankfurt: O4T1), (MARVF: OTCQB); (the “Company”) is pleased to report it has received the heliborne magnetic and TDEM survey results over the Duhamel Ni-Cu-Co and Ti-V-Cr property (the ‘Property’) located 350 kilometers (km) north of Quebec City, QC (Figure 1). Due to the high-quality response of both […]

Hedge funds dump tech, buy oil in search of Returns

Hedge funds dump tech, buy oil in search of Returns

Stocks and bonds are out and oil is in. It’s the playbook for hedge funds looking to juggle persistent inflation, rising interest rates, and a steeply declining tech-heavy stock market. Hedge funds are the most bullish on oil since mid-November based on combined net long positions in Brent Crude and West Texas Intermediate futures. Positions […]

Supply chain bottlenecks continued to push prices higher in December

Supply chain bottlenecks continued to push prices higher in December

The ongoing challenges of getting products from factories to customers continue to drive the prices of automobiles, computer chips, furniture, and other products high, driving consumer prices higher in December than they have been since 1982. Consumer price index rose 7 percent in the year through December and 5.5 percent after volatile prices like food […]

Time to Fight the Federal Reserve? This strategist says the central bank won’t risk a 20% drop in house prices and a 30% drop in stocks.

Time to Fight the Federal Reserve? This strategist says the central bank won’t risk a 20% drop in house prices and a 30% drop in stocks.

Bond bears are on the rise this week, even before the final minutes of the last Federal Open Market Committee meeting were released. On January 5, 2020, when the Fed minutes discussed quickly reducing its balance sheet while interest rates rose.   Of course, this was a December 14-15 discussion, although comments by St. Louis Fed chairman James Bullard on Thursday indicated that the more aggressive stance outlined in the minutes was still very timely.   David Rosenberg, chief economist and […]

$ 2,100 spot gold? Commodities analyst says gold could hit new highs this year

$ 2,100 spot gold? Commodities analyst says gold could hit new highs this year

Gold could test new highs of $ 2,100 an ounce in 2022, according to Fat Prophets’ David Lennox. The weakness of the US dollar and inflation are some factors that are likely to drive the price of the precious metal, he said. Geopolitical tensions between major military powers could also drive gold prices higher than […]