With continued volatility in major markets, today one of the greats in the business sent King World News a fantastic piece discussing Fred Hickey, a coming stock market collapse and QE4, plus a bonus Q&A that includes gold.
In an unusual hearing before a standing room-only audience, trial lawyers for the U.S. Securities and Exchange Commission sought to convince the regulator’s commissioners of the legality of SEC administrative proceedings. The case involved Timbervest LLC, which was seeking to overturn an August decision by SEC Administrative Law Judge Cameron Elliot finding the Georgia-based investment firm and top executives liable for fraud for having failed to disclose conflicts of interest
[Reuters] – Newmont Mining Corp has agreed to buy the Cripple Creek & Victor gold mine in Colorado from AngloGold Ashanti Ltd for $820 million, giving the world’s No. 2 gold producer an expanding asset in a mining-friendly jurisdiction. The acquisition is an opportunity for Colorado-based Newmont to improve its mine life and costs at a time when the mining industry has been in a slump for nearly four years.
Today the man who first predicted Greek bank deposits would be stolen warned King World News about a coming financial shockwave and one of the most ominous graphs he has ever seen in his 50-year career. He also spoke about a suprise in the silver market.
[Reuters] – Newmont Mining Corp said on Monday it has agreed to buy the Cripple Creek & Victor gold mine in Colorado from AngloGold Ashanti Ltd for $820 million plus a net smelter royalty. U.S.-based Newmont simultaneously …
[Business Wire] – Newmont Mining Corporation today announced its intention to offer 29,000,000 shares of its common stock, subject to market and other conditions, through a registered public offering.
[Business Wire] – Newmont Mining Corporation announced it has entered into a definitive purchase agreement to acquire the Cripple Creek & Victor gold mine in Colorado from AngloGold Ashanti Ltd.
