Rick thinks lower interest rates will be the new trend
Today with Rick Ackerman we look at the Treasuries market and the turn that started in the middle of December. Rick is continuing his bullish stance on treasuries and thinks that we could easily see the 10 year rate back below 2% and even 1% (below 1% is his very long term forecast). The overall factor playing into Rick’s outlook is that he thinks a recession is right around the corner.
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opps meant to say hear Rick…..
Rates will go down we are following Japan down the rabbit hole.
With Rick’s man in office and taking us to an unheard of greatness, how can he actually believe in the financial darkness he is now spreading? Just sayin’.
yesterday’s Jay Taylor:
https://cdn.voiceamerica.com/business/010644/taylor020717.mp3
Klondex drills 0.5 m of 3,322.8 g/t Au at Fire Creek
2017-02-08 06:13 ET – News Release
Mr. John Seaberg reports
KLONDEX ANNOUNCES SIGNIFICANT HIGH GRADE EXTENSIONS OF VEINS AT FIRE CREEK; INTERCEPTS 96.92 OPT GOLD OVER 1.7 FEET
oz not grams!
It was about a month ago that I said rates were going lower but then I doubted myself a couple weeks later – and shouldn’t have…
http://stockcharts.com/h-sc/ui?s=%24TYX&p=D&yr=1&mn=0&dy=0&id=p66448707778&a=407316022
Matt,
I’m getting the sense that Chibougamau is readying itself for another run at the 10 cent mark. Am I wrong to assume this? I think the next test of the ten cent mark will break through it. It might provide steep and fast run from there. I believe this could occur after the next mini pullback in the gold price. Two weeks.
I don’t know exactly when it might run but I generally agree with your bullishness and have been a buyer lately.
Almaden drills 41m of 1.52g/t Au, 117g/t Ag at Tuligtic
2017-02-08 08:37 ET – News Release
Dr. Morgan Poliquin reports
ALMADEN DRILLS FURTHER NEW HIGH GRADE MINERALISATION WITHIN AND OUTSIDE AMENDED PEA PIT, HITS 41.45 METERS OF 1.52 G/T GOLD, 117.3 G/T SILVER INCLUDING 4.60 METERS OF 6.68 G/T GOLD AND 565.4 G/T SILVER
Almaden Minerals Ltd. has released further assay…..
This is an interesting program…..4 rigs!
TERRAX BEGINS 17,000 METER WINTER DRILL PROGRAM AT YELLOWKNIFE CITY GOLD
Terrax Minerals Inc. has commenced a 17,000-metre drill program at its Yellowknife City gold project adjacent to the city of Yellowknife in the Northwest Territories. This program will incorporate up to four drill rigs that will be primarily testing a number of new drill targets identified during 2016 field exploration. A map showing the location of the initial drill targets is available on the company’s website under 2017 winter drilling.
TORONTO, ON–(Marketwired – February 08, 2017) – Wesdome Gold Mines Ltd. (“Wesdome” or the “Company”) (TSX: WDO) is pleased to provide an update of underground drilling progress at its 100% owned Kiena Mine Complex, in Val d’Or, Quebec.
Since the last update on November 15, 2016, a fourth drill has been added on the 960 metre level (Figure 1), 29 drill holes have been completed and assay results have been received for 21 drill holes .
The new drilling continues to trace the Kiena Deep mineralized system along an altered and deformed north north west trending (“NNW”) basalt-komatiite contact zone. To date, it has been traced 550 metres NNW along strike and over a depth range of 400 metres. It remains open at depth and along trend.
Wesdome continues its accelerated drilling program with the goal of determining the extent, continuity and geometry of the Kiena Deep gold system.
Highlights *(Uncut and cut assay averages over core lengths*)
1. Major step out holes extending trend to a tested length of 550m:
6.63 g/t gold over 11.0 m uncut (6.63 g/t cut) in hole 6146
7.67 g/t gold over 8.2 m uncut (5.53 g/t cut) in hole 6147
Eurasian Minerals Updates Progress at the Akarca Gold-Silver Royalty Property in Turkey and
Announces Receipt of First Gold Bullion Payment
Vancouver, British Columbia, February 8, 2017 (NYSE MKT: EMX; TSX Venture: EMX) – Eurasian
Minerals Inc. (the “Company” or “EMX”) is pleased to announce the receipt of a payment of US $601,825, the
cash equivalent of 500 troy ounces of gold
Great to her Rick as always..