Vancouver, BC, Canada — June 15, 2016 — Miranda Gold Corp. (‘Miranda’) (TSX-V: MAD) is pleased to announce that further to its news release of June 3, 2016, and due to significant demand, it has increased the size of its previously announced non-brokered private placement from $1,500,000 to $2,594,650 through the issuance of 28,829,444 units at a price of $0…

Brexit is not the most important problem facing markets, it is mounting problems in the European banks.
But before looking at that systemic issue, I will summarise the Brexit position, from the trenches, in the last few days before the referendum.
In the run-up to Britain’s referendum on 23rd June, the Treasury was tasked with modelling the economy, post Brexit…

Brexit concerns continue to take the centre stage and dampen market sentiment. GBPUSD fell more than -1% as more polls revealed that the “leave” camp is leading the “remain”. The pound also softened against the euro for 3 days in a row, accumulating loss of about -1.5%. European equities got hammered with UK’s FTSE 100 index plunging -2…

Murder of pro-EU British MP Jo Cox has further intensified uncertainty of the Brexit referendum on June 23. Campaigns of both the “leave” and “remain” camps have been suspended while the IMF has also postponed the release of its assessment of economic outlook after Britain leaving the EU. BOE Governor Mark Carney, scheduled to attend an event at Mansion House today…

The June FOMC meeting turned out to be more dovish than expected. Besides Kansas City Fed president Esther George joining the camp to vote for keeping the policy rate unchanged, the latest dot plot suggests that more members expect only one rate hike this year, although the median remains two. Meanwhile, interest rate expectations for 2017, 2018 and the longer-term were revised lower…

Precious metals had a strong performance this week, so much so that yesterday gold soared through the $1308 level, long regarded as the technical point which confirms, once breached, that the bear market is over.
Having closed at $1276 last Friday, yesterday gold traded as high as $1314, and silver at $17…

This week, clients have been net selling gold, silver, and platinum.
Clients have been speculating on the market conditions with the FOMC statement being released on Wednesday and ahead of the Brexit referendum. Clients have been taking advantage of the higher pricing, particularly on Thursday when the price soared above USD1,300/oz, which was last briefly seen at the beginning of May 2016…

Blueprint for a bright British future post-Brexit

Introduction
As polls are beginning to show a growing lead for the ‘Leave’ campaign in the upcoming Brexit referendum, investors need to consider the potential implications of a ‘Leave’ vote for the British and EU economies, sterling and euro currencies and financial markets generally, as there could be potentially broader spill-over or contagion effects…