Athena Gold: Excelsior Springs Project Sees Positive Assay Results
Athena Gold Corporation (CSE: ATHA) is a junior exploration company focused on developing its flagship Excelsior Springs Project in Nevada’s prolific Walker Lane Gold District. The district is known for several projects that have produced over a million ounces of gold, with total production from the region surpassing 20 million ounces. The Walker Lane tectonic […]
Why The Debt Ceiling Drama Could Actually Be A Real Problem This Time
Analysts are warning investors to brace themselves for the 118th Congress’ impending debt ceiling drama. It could actually be real this time, if the dysfunctional election of House Speaker Kevin McCarthy is any indication. “The debt limit is going to be a problem,” Goldman Sachs told clients in a report on Monday. “Fiscal deadlines will […]
Chrystia Freeland Meets with Global Elites in Davos This Week
This week Chrystia Freeland will be heading to Davos to meet with various global leaders and CEOs at the World Economic Forum’s annual meeting which began last week. Freeland, a member of the organization’s board of trustees, will speak at two events. The first event Restoring Security and Peace will focus on the war in […]
Trillion Energy: Research Capital Reiterates $1.35 Price Target
On Tuesday, Trillion Energy (CSE: TCF) announced that it will be expanding its well development program at the SASB gas field during 2023. The company said it had identified several additional opportunities for increased production. Trillion Energy will add three side-track wells to its development program, bringing the total number of wells now contemplated in […]
Natural Gas Prices Collapse After A Dramatic 2022
U.S. natural gas prices have plummeted over the last month. The front-month (in this case, February 2023) futures price at the benchmark Henry Hub in Louisiana is about US$3.48 per thousand cubic feet (Mcf), down by 50% in just a month’s time. What’s more, futures prices are below US$5.00 per Mcf for all months through December 2025. […]
Is The VIX Now Flashing A Sell Signal?
For much of the last year, the market has trended lower, but with significant short-term rallies off short-term bottoms and sharp declines off short-term peaks. One of the most successful ways to trade this volatile market has been to buy the S&P 500 Index when the CBOE Volatility Index (VIX) has dropped below 20 and sell […]
Americans’ Inflation Expectations Fall to Lowest Since April 2021
With the latest University of Michigan consumer survey published on Friday, all eyes were on respondents’ near- and long-term inflation expectations. Latest figures released by the BLS on Thursday reinforced observations that inflation may have peaked, thanks to a 0.1% month-over-month decline in December CPI. As such, short-term inflation expectations slumped to the lowest since […]
Thieves Pull Off Massive Copper Heist In Chile’s San Antonio Port
A gang has pulled off a massive copper heist at Chile’s main seaport, authorities confirmed on Wednesday. A statement from local prosecutor Juan Carlos Catalan recounted that in the wee hours of Tuesday, 10 armed men entered the San Antonio port and stole 13 shipping containers belonging to the state-owned copper giant, Codelco. 12 of […]
Will Tesla Price Cuts Lead To An EV Pricing War?
The EV segment has been a treacherous minefield for investors since the fall of 2021, and Tesla, Inc.’s (NASDAQ: TSLA) January 12 decision to slash prices in the United States and Europe by up to 20% on some of its vehicles, including the best-selling Model 3 and Model Y, suggests the path for EV players may become […]
JPMorgan Chase vs. Frank, Explained
The world’s biggest bank duped by a student loan startup in an expensive $175 million deal–with a Forbes 30 Under 30 honoree at the center. JPMorgan Chase (NYSE: JPM) shut down on Thursday the website of Frank, the college financial aid network it purchased for $175 million, citing allegations that the company’s 30-year old founder […]