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June 6, 2020

Daniel’s Den

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June 5, 2020

7 @ 7:00

Visit the BMR comments section throughout the day for updates and helpful information!

1. Spot Gold is under pressure this morning following a U.S. jobs report that even pleasantly surprised Wall Street…as of 7:00 am Pacific the yellow metal is off $32 an ounce at $1,681…today’s range has been $1,712 to $1,676…Spot Silver has retreated 41 cents to $17.32, an area of strong support…Palladium is up $8 an ounce at $1,880…base metals have firmed up modestly with Copper, Nickel and Zinc at $2.55, $5.80 and 92 cents, respectively…Crude Oil has rallied $1.39 a barrel to $38.80 after OPEC decided to move up discussions on whether to extend record production cuts to tomorrow, indicating that some laggard countries may have agreed to align themselves with the deal…the U.S. Dollar Index remains under technical pressure which will provide some support to commodities and the Venture…the Dollar Index has slipped another one-fifth of a point to 96.89the Canadian government-backed Canada Mortgage and Housing Corp. is forecasting declines of between 9% and 18% in home prices over the next 12 months…as a result, it’s tightening rules for offering mortgage insurance from July 1Goldman Sachs told clients in a note yesterday that the odds of a “blue wave” of Democrat victories in November are rising (they’re paying too much attention to the mainstream media) and that such an outcome could threaten the 2017 tax cuts that have fuelled corporate profits in recent years…Goldman VP of equity strategy Cole Hunter and chief U.S. strategist David Kostin warned that a sweep of the House, Senate and Oval Office would almost assure at least a partial rollback of President Donald Trump’s landmark Tax Cuts and Jobs Act…Wall Street seems to have a different take at the moment on the potential outcome of November’s elections…

2. U.S. employment actually rose by 2.5 million in May and the jobless rate declined to 13.3% according to data this morning from the Labor Department that was far better than economists had been expecting and indicated that an economic turnaround could be close at hand…economists surveyed by Dow Jones had been expecting payrolls to drop by 8.333 million and the unemployment rate to rise to 19.5% from April’s 14.7%…the May gain was by far the biggest one-month jobs gain in U.S. history since at least 1939“These improvements in the labor market reflected a limited resumption of economic activity that had been curtailed in March and April due to the coronavirus pandemic and efforts to contain it,” the report said…“In May, employment rose sharply in leisure and hospitality, construction, education and health services, and retail trade”…the city of Seattle saw explosive job growth in May…one of the first cities to have a major coronavirus outbreak, Seattle saw an 8% month-over-month increase, attributed in part to recent hiring efforts by Amazon (AMZN, NASDAQ)…Amazon has more than 55,000 employees in the greater Seattle area and, according to the company’s career site, there are more than 9,000 available job openings…the company estimates its investments in the area have contributed $53 billion to the city’s GDP and created more than 240,000 indirect jobs…

3. Credit Suiise hiked its Gold price forecasts this morning, saying that supportive influences include lower and negative yields, weakness in the U.S. dollar and eventual inflationary pressures…further, Credit Suiise said higher prices add to an improved financial picture for Gold producers, which should attract capital flows from “generalist” investors…the expectation for higher prices also led analysts to up their forecasts for target stock prices of the mining companies that they cover…the bank now looks for Gold to average $1,700 an ounce in the 2nd quarter (versus $1,540 previously), then rise to an average of $1,750 in the 3rd quarter ($1,560 previously) and an average of $1,775 in the 4th ($1,600 previously)…the outlook for 2021 was upped to $1,800 from $1,600“We continue to see meaningful potential upside in the sector, predicated on higher Gold prices and a re-rating closer to multiples seen in the last major Gold rally in 2011-12, particularly for mid-cap/intermediate producers,” Credit Suiise said…“We expect that higher Gold prices, coupled with a renewed sector focus on margins, FCF (free cash flow), and return of capital to shareholders, will continue to attract generalist capital”

4. The Dow continues to build on this week’s gains, up another 649 points as of 7:00 am Pacific…since March 23 through yesterday, the S&P 500 has surged more than 42% while the Dow has gained over 43% in that time period…the NASDAQ is up more than 46% since hitting its late-March low…the Wuhan COVID-19 pandemic and corresponding lockdowns made way for “one of the greatest wealth transfers in history,” according to CNBC’s Cramer…the stock market is rising as big business rebounds from state-ordered stoppage of nonessential activity, while small businesses drop like flies, the “Mad Money” host stated…“The bigger the business, the more it moves the major averages, and that matters because this is the first recession where big business…is coming through virtually unscathed, if not going for the Gold,” he added…in the first tech IPO since the lockdown, ZoomInfo (ZI, NASDAQ) soared more than 60% in its NASDAQ debut yesterday…it’s up again this morning,  underscoring investors’ ongoing appetite for high-growth subscription software companies…ZoomInfo, not to be confused with video chat provider Zoom Video, priced its IPO at $21 on Wednesday…the stock closed up 62% at $34, valuing the company at about $13.4 billion…the offering reeled in more than $900 million…in Toronto, the TSX is 302 points higher despite a drop in the Gold Index…the Gold Index fell as low as 291 shortly after the open but has rebounded since then, off 10 points at 300 as of 7:00 am Pacific…exceptional support exists around 280, the key breakpoint point this quarter…the Venture has eased off 7 points to 558 as it struggles to post its 9th straight weekly gain…Score Media & Gaming (SCR, TSX-V), which hit a new multi-year high of 93 cents yesterday, is up 4 cents at 90 cents through the first 30 minutes of trading…Auramex Resource (AUX, TSX-V) remains halted, pending news…KABN Systems has successfully completed its RTO of Torino Power (TPS, CSE) including a $2.2 million raise at 15 cents a share…Torino is expected to begin trading again as KABN June 10 on the CSE…

5. PureGold Mining (PGM, TSX-V), up more than 60% the past month, has launched its 2020/2021 exploration and resource growth program at its 100%-owned Red Lake mine…over 30,000 m of diamond drilling, including both underground and surface drilling, are planned to optimize the near-term mine plan, expedite the growth of the company’s mineral resources and aggressively expand new high-grade discoveries…the company expects to pour its first Gold by December…“We believe strongly in the organic growth potential of our PureGold Red Lake mine property. And we are confident that the mine plan outlined in our feasibility study is scalable and has the potential to expand,” stated Darin Labrenz, President and CEO…“We are now launching an aggressive exploration program designed to realize our vision for future growth at Canada’s next Gold mine. Our drill program has been designed with the goal of: increasing indicated mineral resources through infill drilling, with potential to convert to future reserves; expand our Gold resources through stepout drilling; and make new high-grade discoveries through regional exploration. While we remain completely focused on our fully funded mine construction and ramp-up, we strongly believe in the potential for our mineral reserves and mine production to grow, and our new program is designed to start building our future growth today”PGM is off 8 pennies at $1.32 as of 7:00 am Pacific

6. For Canada, the “cure” may have been worse than the disease: A new study out of the University of Toronto suggests that the economic upheaval caused by the pandemic and government-ordered lockdowns could result in a spike of as many as 2,114 deaths by suicide above the Canadian average by the end of 2021“We’re seeing some of the highest unemployment rates in this country since the early 1980’s, we’ve seen the loss of 15 years of job creation in Canada in only 2 months,” said Dr. Roger McIntyre, professor of psychiatry and pharmacology at the University of Toronto…“The labour contraction, the unemployment, and the income insecurity has resulted in an increase in the number of suicides projected in our country”…the researchers also found that for every percentage point the unemployment rate rises among people below the age of 65, the excess deaths by suicide – meaning the additional suicides above the national average – also raises by a percentage point…“These are significant numbers of people who are at risk, but the important point is this is not a done deal,” said McIntyre. “This is something that can be prevented by getting access to treatments. The treatments are very good. We need better psychiatric first aid, and treatments that can deal with the distress that people are experiencing”

7. The U.S. is home to the world’s biggest and best-known pharmaceutical companies…but China is giving the U.S. a run for its money in the critical race to develop a vaccine for COVID-19, a feat that would instantly change the dynamics of the fight against the deadly virus, and the geopolitical competition between the U.S. and China…Beijing’s government, including its military and several state-backed firms, has committed hundreds of millions of dollars and cleared regulatory barriers to accelerate research and development…even before a front-runner is clear, domestic drug manufacturers have begun ramping up production capacity as leader Xi Jinping vows to share a Chinese-backed vaccine with the world…China’s government and Chinese companies are now behind 5 of the 10 vaccine candidates being tested on people world-wide, according to the World Health Organization2 belong to state-run China National Biotec Group Co., or CNBG, which has poured more than 5 billion yuan ($703 million U.S.) into research on a new vaccine…another effort, tied to China’s military, has set up efficacy trials abroad after winning approval last month to run a Phase 3 clinical trial in Canada…

Rapid Response!

How This Pandemic Will Ultimately Help Copper

Wuhan COVID-19 Virus Update

The Cost Of Doing Business With China (The CCP)

“Silver Lining”: Innovative Vancouver Company Provides Help During Crisis

COVID-19 Update

Smithers Shakes Off Turmoil For A Major 3-Day Event Connecting Hockey And The Resource Sector

Turbocharged Nickel

Commodity Check!

The Nickel Mountain Magma Highway

The Dramatic New Chase For A Nickel-Copper-Rich Massive Sulphide Deposit In The Heart Of A Famous Gold Camp

June 4, 2020

BMR Evening Alert!

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7 @ 7:00

Visit the BMR comments section throughout the day for updates and helpful information.

1. Spot Gold has traded between $1,722 and $1,696 so far todayas of 7:00 am Pacific the yellow metal is up $1 an ounce at $1,702…Spot Silver is off 7 cents to $17.59…exchange-traded funds increased their holdings of Gold by 154 metric tons during May, taking holdings to an all-time high of 3,510 tons, the World Gold Council (WGC) stated this morning…in a monthly report on ETF Gold holdings, the WGC said year-to-date inflows of 623 tons now exceed the highest annual inflow ever, which was 591 tons in 2009…holdings by North American funds increased by 102 tons while those based in Europe added 45 tons, the WGC said…Asian-listed funds added 4.4 tons, while other regions had inflows of 2.6 tons…astute investors will continue to buy into any dips in Gold with the prospect of deeper negative real rates in an environment of massive amounts of monetary and fiscal support…base metals are steady with Copper, Nickel and Zinc at $2.48, $5.72 and 91 cents, respectively…Crude Oil is off modestly at $36.88 while the U.S. Dollar Index, under technical pressure which is good news for precious metals and the Venture, has slipped two-thirds of a point to 96.62Las Vegas casinos reopened with The D and Golden Gate welcoming gamblers just after midnight…dealers are wearing masks; hand sanitizer is widely available; guests and workers are having their temperature checked…Steve Hill, president and COO of the Las Vegas Convention and Visitors Authority, said demand is surprisingly strong with the city’s overall occupancy at 20% in spite of a number of resorts remaining closed…new CDC guidelines are raising concerns – instead of taking public transportation or carpooling, the CDC is now suggesting people drive to work by themselves if feasible and that corporations should provide incentives for employees to do so…

2. Filings for unemployment insurance claims in the U.S. totalled 1.877 million last week in a sign both that the worst is over for the coronavirus-related jobs crisis but that the level of unemployment remains stubbornly high…economists surveyed by Dow Jones had been looking for 1.775 million new claims…the total nevertheless represented a decline from the previous week’s upwardly revised total of 2.126 million…filings under the Pandemic Unemployment Assistance Program totalled 623,073…this was the first time claims came under 2 million since the week ended March 14…even as states reopen, claims in the millions are an indicator that the economic pain of the Wuhan COVID-19 crisis is still acute…continuing claims, which provide a clearer picture of how many Americans remain unemployed, totalled 21.5 million, a gain of 649,000 over the past week, also worse than Wall Street expected…the numbers came the day before the Labor Department releases its non-farm payrolls report for May…economists surveyed by Dow Jones are expecting a decline of 8.3 million and a 20.5% unemployment rate, more than double the highest previous level since the Great Depression…

3. Gold got a boost this morning when the European Central Bank (ECB) said it would vastly scale up its bond-purchase program to €1.35 trillion ($1.52 trillion U.S.), a move aimed at easing pressure on the region’s embattled governments and putting its stimulus effort in line with the Federal Reserve’s…the ECB’s decision, more aggressive than expected by analysts, should help to absorb much of the €1 trillion or more of additional debt that euro zone governments are expected to issue this year as they battle the pandemic…it comes amid growing concerns that the economic contraction in Europe will be even deeper than originally feared – significantly worse than in the U.S.- and won’t spare even stronger members such as Germany…the ECB sees economic growth falling 8.7% in the euro zone this year before rebounding by 5.2% in 2021, according to its latest economic projections…

4. Eric Sprott is coming into Galway Metals (GWM, TSX-V), taking $3 million hard dollar shares in a combined hard dollar/flow-through financing totalling $17.5 million announced this morning (no warrants attached to this PP)…the company is issuing up to 17.9 million common shares that qualify as charity FT shares at a price of 63.5 cents per share and up to 13.6 million hard dollar common shares of the company at a price of 44 cents per share…on Monday Galway announced that it had intersected 38.5 m (37.9 m true width) of 6.2 g/t Au, including 373 g/t Au over 0.50 m, in hole 100 on the westernmost section of the Richard zone at its Clarence Stream Project in southeastern New Brunswick…in addition, hole 101 (45 m from hole 100) cut the widest intersection yet at Clarence Stream, 85 m (76.9 m true width) grading 1.4 g/t Au…the Richard, George Murphy and Jubilee zones are all part of the same 2.5-km-long mineralized system…GWM is up 2 pennies at 57 cents in early trading…Monday’s news triggered a multi-year breakout above key resistance in the mid-40’s

5. The Dow is unchanged at 26,270 as of 7:00 am Pacific…data compiled by LPL Financial showed the S&P 500 posted its largest 50-day rally in history…LPL’s research also indicated that stocks were higher 100% of the time 6 months and 12 months after the previous largest rallies on record…companies that stand to benefit the most under re-openings, those that bore the brunt of the market punishment earlier in the year, have led the major indexes higher over recent sessions…cyclical stocks including energy, financials and industrials posted some of the largest gains yesterday with those S&P sections up 3%, 3.8% and 3.9%, respectively…other reopening stocks, such as the airline group, rallied as well…the NASDAQ-100 index hit a new record high in early trading this morning, becoming the first major U.S. stock index to fully erase its losses from the Corona Crash…the index is made up of the 100-largest non-financial stocks in the NASDAQ Composite, including the likes of Amazon, Tesla, Netflix, Costco, eBay and United Airlines…in Toronto, the TSX is 18 points higher with the Gold Index trying to rally after dipping as low as 303 intra-day yesterday, down 18% from the April high of 370…exceptional support on this healthy pullback exists at the key 280 breakout level…the Venture has eased off 2 points to 558Skeena Resources (SKE, TSX-V) announced this morning that the next phase of its infill and exploration drill program at Eskay Creek will start before the end of June…SKE has broken out above Fib. resistance at $1.29 on its long-term chart…Eskay Creek is going to be drilled like Swiss cheese summer…Auramex Resource (AUX, TSX-V) was halted pre-market this morning, pending news…AUX owns 100% of a large land position south of Eskay Creek in the Stewart Gold Camp including the past producing high-grade Georgia River mine…there is ample geological and geophysical evidence for a very large system at Georgia, also in close proximity to a deep sea port…CloudMD (DOC, TSX-V) has made the switch this morning from the CSE to the Venture…the warrants, which began trading Tuesday on the CSE, are also now trading on the Venture…North American infrastructure play Cematrix (CVX, TSX-V) has broken out to new all-time highs, touching 66 cents intra-day yesterday…

6. Russian President Vladimir Putin has declared a state of emergency in a region within the Arctic Circle in far northern Russia after 20,000 tons of Oil leaked into a river from a power plant…the spillage occurred on May 29 when the “Oil products” leaked from a tank in an industrial plant operated by a subsidiary of Norilsk Nickel, the world’s largest producer of Palladium and one of the largest producers of Nickel, Platinum and Copper…“The accident took place at the industrial site of the Nadezhdinski Metallurgical Plant, and part of the spilled petrochemicals, a considerable amount actually, seeped into the Ambarnaya River,” Putin said as he discussed the incident with officials yesterday, according to the Kremlin…he questioned the measures being taken to clean up the fuel leak that took place near the city of Norilsk in the Krasnoyarsk region, within the Arctic Circle…discussing how news of the spill emerged in the televised meeting, Putin was reportedly shocked to discover that local authorities had only learned of the incident from social media 2 days after it happened, and he admonished the region’s governor Alexander Uss, according to a report from Reuters

7. With tens of millions of Americans unemployed, it’s no surprise that many are facing shortfalls when it comes to purchasing food for their families during the Wuhan COVID-19 pandemic…since February, 26% of Americans report they or a member of their household have gone without meals or relied on charities or government programs to obtain groceries, according to the Kaiser Family Foundation’s May healthy trcking poll of over 1,100 U.S. adults…that includes about 14% of adults who say they’ve cut down on the size of their meals or skipped them entirely because “there wasn’t enough money for food,” as well as 13% who report needing to visit a food bank or pantry for supplies…

Rapid Response!

How This Pandemic Will Ultimately Help Copper

Wuhan COVID-19 Virus Update

The Cost Of Doing Business With China (The CCP)

“Silver Lining”: Innovative Vancouver Company Provides Help During Crisis

COVID-19 Update

Smithers Shakes Off Turmoil For A Major 3-Day Event Connecting Hockey And The Resource Sector

Turbocharged Nickel

Commodity Check!

The Nickel Mountain Magma Highway

The Dramatic New Chase For A Nickel-Copper-Rich Massive Sulphide Deposit In The Heart Of A Famous Gold Camp

BMR Morning Alert!

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June 3, 2020

7 @ 7:00

Visit the BMR comments section throughout the day for updates and helpful information!

1. Spot Gold has traded between $1,727 and $1,703 so far todayas of 7:00 am Pacific the yellow metal has retreated $21 an ounce to $1,705 after a much better than expected U.S. private jobs report for May…in addition, data from the Institute for Supply Management showed the U.S. services sector contracted less than expected, rebounding from an 11-year trough…Gold demand in India was still “at rock bottom” in May, according to CommerzbankGold imports were a mere 1.4 metric tons last month…this was a 99% decline from the 133.6 tons imported in the same month a year ago…data already showed that April imports ground to a virtual halt…“The suspension of international flights and the nationwide lockdown to contain coronavirus are still visibly taking their toll, in other words,” said Commerzbank analyst Carsten Fritsch…“Whether the pent-up demand will be released later in the year is questionable, to say the least. At present, nobody can predict what will happen to consumer behavior in India once the lockdown is lifted. Even if weddings are possible again in the autumn, the record-high local prices are likely to ensure that less Gold jewelry is given as gifts”…because of weak Asian demand, the Gold market has been relying on exchange-traded-fund inflows, which continued again yesterday, Fritsch commented…Spot Silver has retreated 45 cents to $17.65…base metals are steady with Copper, Nickel and Zinc at $2.47, $5.75 and 91 cents, respectively…Crude Oil is up slightly at $36.88 while the U.S. Dollar Index, under technical pressure, has retreated another one-fifth of a point to 97.62…mass demonstrations across the U.S. gave way to a night of relative calm, in contrast with the destruction of recent nights…Democratic New York Governor Andrew Cuomo lashed out at hopeless Mayor Bill DeBlasio, also a Democrat, in an extraordinary news conference yesterday…“You have 38,000 NYPD people, it is the largest police department in the United States of America. Use 38,000 people and protect property. Use the police, protect property and people. Look at the videos, it was a disgrace”, Cuomo said in reference to the embattled mayor

2. U.S. companies trimmed a much less than expected 2.76 million workers in May, according to a report this morning from ADP…the total was well below the 8.75 million consensus estimate from economists…the reason for the wide disparity was not immediately clear, though ADP said its May number was supported by a steep drop in the level of continuing jobless claims, or from people who have been receiving unemployment benefits for at least 2 weeks…May’s count also marked a precipitous drop-off from the 19.6 million plunge in April, an estimate that was revised from the initially reported 20.2 million…“The good news is I think the recession is over, the COVID-19 recession is over, barring another 2nd wave, a major 2nd wave, or real serious policy errors,” said Mark Zandi, chief economist at Moody’s Analytics, which puts the private payrolls report together with ADP…the bad news, he added, is that “the recovery will be a slog until there’s a vaccine or therapy that’s distributed and adopted widely”…the ADP report serves as a precursor to the monthly non-farm payrolls report in 2 days from the Labor Department…economists expect that Friday’s figure, which includes government workers, will show a decline of 8.33 million that would push the unemployment rate up to 19.5% from April’s 14.7%…

3. Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said yesterday during a question and answer session with the Journal of the American Medical Association that 100 million doses of a vaccine for  COVID-19 could be ready by year-end, an aggressive timeline that would beat many earlier predictions for when a vaccine might be available…however, he cautioned that an initial vaccine, or vaccines, may not actually work, and he also worries about any potential vaccine’s “durability”…If COVID-19 acts like other coronaviruses, it likely isn’t going to be a long duration of immunity,” he stated…“When you look at the history of coronaviruses, the common coronaviruses that cause the common cold, the reports in the literature are that the durability of immunity that’s protective ranges from 3 to 6 months to almost always less than a year. That’s not a lot of durability and protection”there are currently 10 vaccines in human clinical trials worldwide, according to the World Health Organization…whether Americans will jump to take a vaccine is another story…an Associated Press-NORC Centre for Public Affairs Research poll last week found 49% said they would definitely get vaccinated while 31% were not sure and 20% said they would not, citing possible side affects…

4. Yet another sign consumers are ready to put COVID-19 behind them113,224 new light vehicles sold in Canada in May, a 147% jump over April’s sales, according to a report by DesRosiers Automotive Consultants…still, May 2020 car sales were down considerably compared to the same period last year…“It’s a measure of the strange times in which we find ourselves in that a market decline of only 44% can seem like a positive sign. However, following the estimated 74.6% decline in April – which sent Canadian new light vehicle sales levels back in time to roughly the early 1950’s – May’s year-over-year decline can evoke a touch of cautious optimism as the first tentative shoots of recovery spring up from a badly damaged marketplace,” the consultants said in a statement…

5. The Dow is up 230 points as of 7:00 am Pacific…stocks poised to benefit from the economy reopening are up broadly this morning…in Toronto, the TSX has jumped 168 points but the Gold Index has come under renewed pressure, down 8 points at 311…very strong support on this healthy pullback exists at the key 280 breakout level…the Venture has eased off 2 points to 558…record volume is coming into inexpensive Stewart Gold Camp play Auramex Resource (AUX, TSX-V), sporting a market cap of just $3 million at 5.5 cents, though it’s flagship and drill ready Georgia River mine has favorable comparisons to Scottie Resources’ (SCOT, TSX-V) Scottie Gold mine in the same district…SCOT commands a current market cap of approximately $30 millionSun Metals (SUNM, TSX-V) is planning to begin its field program at Stardust, the company’s 100%-owned high-grade Copper-Gold Project located in north-central British Columbia, in mid-June, with drill crews mobilized soon after…the $3.8 million 2020 exploration program is fully funded and is planned to include diamond drilling with up to 3 drill rigs, as well as borehole electromagnetic geophysical surveys (BHEM) and continued geological studies…SUNM plunged sharply from a high above 60 cents last year but could be poised for a rebound this summer…

6. Non-profit anti-mining groups are using COVID-19 as another excuse to attack Canada’s mining sector: A new report by an international coalition of non-profit groups have sharply criticized the mining industry for supposedly “spreading the coronavirus into remote communities, both in Canada and abroad”…the report, titled ‘Voices on the Ground’ and published today, accuses mining companies from all over the world of prioritizing profit over worker safety by continuing to operate during the pandemic, and failing to take adequate safety precautions after outbreaks were discovered, sometimes with fatal results…“We said from the beginning that any mine operating at full capacity is presenting risks to workers,” said Kirsten Francescone, Latin American coordinator of MiningWatch Canada, one of the radical non-profit groups that authored the report…Francescone added, “It’s not just workers at risk … it’s communities that have no access to any kind of medicare or resources, where people have pre-existing conditions. We’re talking about already vulnerable populations”Francescone claims there are 69 mines globally with “outbreaks”, of which one-third are operated by companies with headquarters in Canada…she called it “emblematic” of a lack of leadership in the Canadian mining industry…

7. Some investors are placing bets that the stock market could have a massive sell-off following November’s U.S. elections, and some analysts say it’s because of the fear of Democrats winning the Presidency and both houses of Congress (a highly unlikely scenario in our view, but the threat can’t be totally dismissed)…the price of puts, or options that predict a negative outcome, for the S&P 500 have been rising in price for November into December…analysts say it’s early in the year for those types of trades around the November 3 election…“Obviously, it’s early. However what the options market was beginning to indicate …was the potential for a clean sweep in November,” said Quincy Krosby, chief market strategist at Prudential Financial…analysts at BCA Research say the stock market is underestimating how negative a Biden victory would be for investing…“If the Democrats gain control of the Senate alongside a Biden victory, as our Geopolitical Strategy Service projects, financial markets may have to begin discounting a future materially less friendly regulatory and tax policy”

Rapid Response!

How This Pandemic Will Ultimately Help Copper

Wuhan COVID-19 Virus Update

The Cost Of Doing Business With China (The CCP)

“Silver Lining”: Innovative Vancouver Company Provides Help During Crisis

COVID-19 Update

Smithers Shakes Off Turmoil For A Major 3-Day Event Connecting Hockey And The Resource Sector

Turbocharged Nickel

Commodity Check!

The Nickel Mountain Magma Highway

The Dramatic New Chase For A Nickel-Copper-Rich Massive Sulphide Deposit In The Heart Of A Famous Gold Camp

June 2, 2020

BMR Evening Alert!

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Daniel’s Den

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