Author Archives: pcwong
News Alert
According to an insider in the gold market, Andrew Maguire, he has been called to assist a British MP in an investigation on precious metals manipulation involving the LBMA, and the lack of supervision by UK Treasury and Bank of England. Andrew further added that a major bullion bank might
A Looming Real Estate Problem?
Date: 19 Jan 2017 Zerohedge today reported that the Pittsburgh Mall which at one time was worth US$190M was sold in a auction for US$100! yes that’s right, US$100! The mall suffered from weak traffic and occupancy fell to only 55% after the major tenant, Sears Departmental Store left. With
George Soros and ABX
Date: 18 November 2016 This is the link with regard to George Soros double of stake in Barrick Gold (ABX). He actually sold his gold ETF to make the purchase in ABX. Why George Soros Doubled His Stake in Barrick Gold Corp. Stock Meanwhile I would advise all members to stop any averaging down until…
Interesting Development In Gold & The Emergence Of Yuan (Renminbi)
Date: 22 Oct 2016 It was reported by www.kitco.com that Dubai which is creating a Syariah Gold Exchange will sign and agreement with the Shanghai Gold Exchange (SGE) to adopt the Yuan fix. This is a major news as it broadens the influence of the SGE in the international markets. Even more
Gold Under Pressure Again
Date: 11 Oct 2016 The Fed continues to talk up the USD and with the psychology of the masses relating the value of the USD vs gold, gold will likely to trend lower. Therefore it is advisable that any averaging down is delayed until gold has reached a bottom and
First Majestic Silver
Date: 30 Sept 2016 Earlier today we have a question on First Majestic Silver AG). Its share price has fallen from above US$18 to just above US$10. Here’s a look at its Q2 result Silver equivalent production of 4.7 million ounces, representing a 23% increase compared Q2 2015. Silver production
Update On PPHM
Date: 21 Sept 2016 I was rather disappointed when PPHM stopped the Sunrise Trial early this year due to Futility. As with most people, we tend to associate Futility with Failure. Apparently not all is lost for PPHM. Today, PPHM announced that they have identified a biomarker where a group
Value Of Brazil Resources Gold Resource
Date: 15 Sept 2016 This chart says it all. According to King World News, Brazil Resources gold resource has increased a staggering 80% from 10 million oz to 18 million oz after its most recent acquisition. As you can see from the chart, the gold value is only US$11 per
Update On Brazil Resources
Date: 28 Aug 2016 For those who bought BRI (TSX) or BRIZF (OTCMKTS), the stock has been under pressure lately. The reason is this: Brazil Resources to acquire a 100% interest in the Titiribi Gold-Copper Project in central Colombia; The Project hosts several styles of mineralization including gold-copper porphyry and
Political & Government Policies Updates
Date: 22 Aug 2016 Recently there have been several political and government policies which could create of indicate some chaos in the coming months Here’s an article from The Daily Bell which indicated that Russia and China could be breaking away from the US$ http://www.thedailybell.com/news-analysis/dollar-disaster-looms-as-china-and-russias-currencies-break-away And today, the German government