Economic Outlook

Start Paying Attention to Junior Miners – Before It’s Too Late

Palisade Radio welcomes back past guest Jim Paterson who is Chairman and CEO of ValOre Metals Corp. He says, “It’s time for people to get serious about the gold space and focus on projects that are advancing as those companies will get rewarded.” Click below to listen. ~ Ed

Pandemic Buying Opportunities in Metals & Mining

Brien Lundin, editor of The Gold Newsletter is hosting a live Q&A on Thursday May 7th @ 11:00am Pacific time with some of our good friends from The Discovery Group. You are welcome to join in and hear from Discovery Group founder John Robins, Jim Paterson CEO of ValOre Metals, Chris Taylor CEO of Great Bear Resources & David Terry CEO of Genesis Metals. ~Ed

CLICK HERE to register

China Warns Of Possible Armed Conflict With US Over Coronavirus Backlash

An internal report presented to Chinese President Xi Jinping and other top leaders concludes that global anti-China sentiment is at a level not seen since the 1989 Tiananmen Square crackdown, and recommends preparing for a worst-case scenario of armed conflict with the United States, according to Reuters, citing people familiar with the content of the document.

The report, created by the China Institutes of Contemporary Internal Relations (CICIR) – which is affiliated with the Ministry of State Security – suggests that the wave of anti-China sentiment is led by the United States, which sees China’s rise as a global superpower as a threat to Western democracies. CLICK for complete article

C.D. Howe’s Business Cycle Council says country has entered a recession

Canada has officially entered a recession due to the economic devastation caused by the COVID-19 pandemic, the C.D. Howe Institute’s Business Cycle Council declared Friday.

The council, which acts as an arbiter of business cycle dates in Canada, said the economy peaked in February before the steps taken to slow the spread of the coronavirus brought the economy to a standstill.

“Members agreed that by applying the council’s methodology to the preliminary data available, Canada entered a recession in the first quarter of 2020,” the council said in statement.

There are no hard and fast rules for determining a recession, though a commonly used definition is two consecutive quarters of negative quarter-over-quarter economic growth.

However, the C.D. Howe council defines a recession as a pronounced, persistent, and pervasive decline…Click for full article.

Gold & Silver Alert: Fed Vows Aggressive Action


Includes an update from ValOre CEO Jim Paterson at the 12 minute mark regarding VO’s financing and PGM metals drill program confirmation in Brazil. ~Ed