Articles related to construction
 
Wolf Richter
Negative Yields Not Required: Even “Low” Interest Rates Screw Up the Economy
How to make a mess in the era of low demand. This is the transcript from my podcast last Sunday, THE WOLF STREET REPORT: Now the plot thickens: I’ve got a former Secretary of the Treasury backing me up. We’ve already seen, including in my last podcast, how negative interest rates screw up the economy. Negative interest rates are so absurd that just thinking about them gives me a headache. In the era of negative interest rates, owning financial assets such as government bonds, or savings in the b
Thursday, August 29, 2019
Mark O'Byrne - gold.ie
Silver Very Undervalued from Historical Perpective of Ancient Greece
– What wages in ancient Athens can tell us about the silver price today – Wages paid in silver in ancient Athens compared to wages today – Silver massively undervalued compared to the past few thousand years The cost of building the Parthenon was 469 silver talents, or about £5.6m. by Dominic Frisby Today we look at the wages paid to oarsmen on warships in ancient Athens in 450BC. I bet you’ve never read a Money Morning that began like that before. Why on earth would I want to do such a thing?
Sunday, February 10, 2019
Alasdair Macleod - Finance and Eco.
The origin of cycles
It was Karl Marx who was among the first believers that cyclical behaviour was endemic to free markets.He lived through a time when there was a regular cycle of boom and bust, with phases of economic expansion followed by contraction. Workers were employed and then unemployed, and the only way this could be stopped, in Marxian economics, was for the workers to acquire the means of production, or more correctly, the state to do so on their behalf.Other economists, such as Jevons and Wicksell, rec
Thursday, February 7, 2019
Jesse - Le Cafe Américain
The Crash of 1929 -
"...people believed that everything was going to be great always, always. There was a feeling of optimism in the air that you cannot even describe today." "There was great hope. America came out of World War I with the economy intact. We were the only strong country in the world. The dollar was king. We had a very popular president in the middle of the decade, Calvin Coolidge, and an even more popular one elected in 1928, Herbert Hoover. So things looked pretty good." "The economy was changing
Monday, October 29, 2018
The Gold Report
On-Track Construction and Improved Economics at 'Highly Attractive Project'
CIBC raised its target price on this Canadian company and provided an update on its anticipated mine. In a Sept. 19 research note, CIBC analyst Bryce Adams reported that Lundin Gold Inc. (LUG:TSX) updated its forecasted economics on Fruta del Norte in southeast Ecuador, and remains on track and on budget with construction there. CIBC revised its model to reflect the changes and, consequently, raised its target price on Lundin to CA$6 per share from CA
Saturday, September 29, 2018
Nathan Lewis - New World Economics
Economic Nationalism
I thought that I would chew over the idea of “economic nationalism” for a bit, to see if we could find something useful in it. The neo-liberal free trade/no borders consensus is a little too easily promoted by many today, apparently without much thought. I am generally in the neo-liberal camp, but I wanted to think about it. For some reason, “nationalism” is a naughty word these days, but all that it means is that one feels an allegiance to one’s “nation.” The main reason for the badmouthing of
Tuesday, March 20, 2018
Adam Hamilton - Zealllc
Gold Miners’ Q4’17 Fundamentals
The gold miners’ stocks remain deeply out of favor, trading at prices seen when gold was half or even a quarter of current levels.  So many traders assume this small contrarian sector must be really struggling fundamentally.  But nothing could be farther from the truth!  The major gold miners’ recently-released Q4’17 results prove they are thriving.  Their languishing stock prices are the result of irrational herd sentiment. Four times a year publicly-traded co
Friday, March 16, 2018
Alasdair Macleod - Finance and Eco.
The egregious errors of static statistics
The measure of a man's real character is what he would do if he knew he would never be found out. Lord Macaulay wrote this nearly two hundred years ago. His aphorism is particularly apposite of modern politicians, and also of the modern state itself, which is meant to be selfless in the interest of the common good. We can be certain that when a person moves from outside to inside the machinery of the state, he or she changes from representing the people to representing the state. Presumably ther
Friday, March 16, 2018
The Energy Report
Target Prices Raised on Cobalt Pure-Play After Major Royalty Acquisition
Analysts assess the move by this company to acquire a royalty on a project that one calls "one of the largest undeveloped nickel reserves and the largest undeveloped cobalt reserve globally." Analyst Anoop Prihar with GMP Securities, in a Feb. 22 research note, reported that Cobalt 27 Capital Corp. (KBLT:TSX.V; CBLLF:OTC; 27O:FSE) acquired from a third party a 1.75% net smelter return royalty (NSR) on all metals (nickel, cobalt, platinum and palladium) p
Thursday, March 8, 2018
Peter McKenzie-Brown - Language Instinct
Barbecues, Booms and Blogs
Barbecues, Booms and Blogs Fifty Years of Public Relations in Calgary ISBN number: 978-1-55059-363-1 Copy for inside front cover: Public relations is "the management function which evaluates public attitudes, identifies the policies and procedures of an individual or organization with the public interest, and plans and executes a program of action to earn understanding and acceptance." Canadian Public Relations Society definition Title: Barbeques, Booms and BlogsSub
Sunday, March 4, 2018
Mac Slavo - ShtfPlan
  Concrete Nuclear Dome Is LEAKING RADIOACTIVE Waste Into The Ocean
The nuclear waste dome on Runit Island northeast of Australia is leaking. The site is pouring nuclear radioactive waste from 43 tests directly into the ocean. Between 1948 and 1958, the Enewetak Atoll was used by the US government to test 30 megatons of nuclear weapons, which is the equivalent to 2,000 Hiroshima blasts. More than 8,000 people later worked hard to clean up that island, shifting 110,000 cubic yards of radioactive debris into a 30-foot-deep crater, which was later sealed in a concr
Wednesday, February 7, 2018
Chris Powell - GATA
Nearly a thousand gold miners trapped underground in South Africa
* * * By Allan Seccombe Business Day, Johannesburg Thursday, February 1, 2018 About 950 workers are trapped underground at Sibanye-Stillwater's Beatrix gold mine in the Free State, after an overnight power failure cause by a lightning strike. Rescue efforts are under way, the Association of Mineworkers and Construction Union (AMCU) said this afternoon. At least 40 workers had been brought back to the surface at the gold mine, with 950 miners still below ground at 3 Shaft at Beatrix, the union s
Friday, February 2, 2018
Przemyslaw Radomski CFA - SunshineProfits
Stocks Went Sideways, No Quick Reversal Means Trouble
The main U.S. stock market indexes gained 0.1-0.3% on Wednesday, as they fluctuated following recent move down. Investors were uncertain ahead of quarterly earnings, FOMC Rate Decision, economic data releases. The S&P 500 index remained below its Tuesday's relatively big daily gap down. It currently trades around 2.1% below its January 26 record high of 2,872.87. Yet, it remains 4.7% above its December 29 close of 2,673.61. The Dow Jones Industrial Average gained 0.3% on Wednesday, as it bounced
Thursday, February 1, 2018
Mish - Global Economic Analysis
America First Policy Hits Tennessee's Hopes of LG Manufacturing Plant
Trumps America First policy threatens a new LG Electronics washing machine factory in Tennessee. The details are ironic. Déjà Vu Tariff Madness Reuters reports Hung Out to Dry Twice, Tennessee City Stumped by Trump's Washer Tariffs. When President Donald Trump imposed steep tariffs on imported washing machines last week it was a “Not Again” moment for officials in this north Tennessee city that has lost jobs to an international trade dispute before. The move threatens to stunt the launch of a n
Thursday, February 1, 2018
Mark O'Byrne - gold.ie
London Property Market Tumbles As Glut of Luxury Apartments Grows To 3,000
– London property market tumbles as glut of luxury apartments grows to 3,000– Property crisis in London as over half of 1,900 luxury apartments built 2017 fail to sell– London’s still high priced property causes companies to locate offices elsewhere– At current rates, glut of London properties will take three years to sell– Leading London-based estate agents Foxtons’ sees 42% drop in earnings, yoy– UK’s largest estate agent issues second profit warning in three months – Number of homes sold in D
Tuesday, January 30, 2018
Richard Mills - Ahead of the Herd
Resurgent US oil industry priming the economic pump
Crude oil prices dropped from $110 a barrel in the summer of 2014 to about $30 in January 2016. The effect on oil producers and oil-producing countries was dramatic. The Russian ruble plunged, and the Canadian dollar slipped to below 70 cents US for the first time since 2003, kicking the country into recession and snuffing out the oil boom in Alberta. Many foreign companies operating in the high-cost Canadian oil sands pulled up stakes. One of the hardest hit countries was Venezuela, whose petr
Friday, January 26, 2018
Przemyslaw Radomski CFA - SunshineProfits
While Everyone Focuses on U.S. Government Shutdown, This Country Faces Crisis
The U.S. government partially closed at midnight on Friday. But the UK deals with a much more serious crisis. Potentially also for gold. Unlike the U.S. Government, the Gold Market Never Closes So it happened again. The most powerful country in the world didn’t manage to renew another short-term government funding extension. It’s quite embarrassing, but we all should already get used to it. Since 1976, there have been almost 20 previous occurrences. But the world never collapsed. Why should it,
Tuesday, January 23, 2018
Nathan Lewis - New World Economics
How Much Should Homes Cost (To Rent)
Previously, we looked into how much homes should cost. Basically, we concluded that the cost of homes should be a function of construction costs, which are basically stable, profit and some other non-construction costs such as corporate overhead, and land costs. Since there is no particular shortage of land in any U.S. city today, there is no particular reason for very high land costs; and thus, no particular reason why homes should cost very much more than construction costs. October 22, 2017:
Sunday, January 21, 2018
The Gold Report
Turnarounds Coming at Three Resource Companies
Adrian Day of Adrian Day Asset Management provides updates on three resource companies with recent developments, one of which he deems a good buy now.  Wheaton Precious Metals Corp. (WPM:TSX; WPM:NYSE, 21.90) has agreed to a revised stream arrangement on the San Dimas mine, as the near-bankrupt operator, Primero Mining Corp. (P:TSX; PPP:NYSE), is acquired by First Majestic Silver Corp. (FR:TSX; AG:NYSE; FMV:FSE). Wheaton will now receive a lower stream
Saturday, January 20, 2018
Deepcaster
Profiting in 2018
DEEPCASTER LLCFORTRESS ASSETS PORTFOLIO | LETTERS, ALERTS & ARTICLESHIGH POTENTIAL SPECULATOR | HIGH YIELD PORTFOLIOPreserve & Enhance WealthInvestment & Geopolitical Intelligence(Part 1)Key Sector Bubbles Bursting and Mega-Moves Up in others are our forecast for 2018—and we expect the Bursting and one Mega-Spike UP to begin very soon. (See our latest Alerts and Letters for our Specific Forecasts and Buy Recommendations).The election of Donald Trump as President and then the December, 2017 passa
Saturday, January 20, 2018
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