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The looting of Covid relief: 'Biggest fraud in generation'...

March 28, 2022 / marketsanity.com

NBC News, Released on 3/28/22They stole as much as $80 billion - or about 10 percent - of the entire $800 billion handed out in a Covid relief plan known as the Paycheck Protection Program. Continue... The looting of Covid relief: 'Biggest fraud in generation'... added by Herman James on 03/28/2022View all posts by Herman James ?+'Read More

23 year-old Romanian water polo player is dead... Sudden heart attack during game...

March 28, 2022 / marketsanity.com

Citizen Free Press, Released on 3/28/22A water polo player for Dinamo Bucharest, Andrei Dr??ghici, aged 23, died during the game against Rapid Bucharest today. He felt sudden Continue... 23 year-old Romanian water polo player is dead... Sudden heart attack during game... added by Herman James on 03/28/2022View all posts by Herman James ?+'Read More

Biden keeps 'Doomsday' plane on standby despite him telling Americans not to worry about nuclear war

March 25, 2022 / marketsanity.com

NY Post, Released on 3/25/22The plane is designed to withstand nuclear blasts, protected against the effects of electromagnetic pulses which result from atomic explosions, as well as Continue... Biden keeps 'Doomsday' plane on standby despite him telling Americans not to worry about nuclear war added by Herman James on 03/28/2022View all posts by Herman James ?+'Read More

Gold At $2000 Or $600? No Difference

March 27, 2022 / marketsanity.com

Kelsey's Gold Facts, Released on 3/27/22In order for gold to rise beyond $2000 oz., and stay above that number or increase to a higher Continue... Gold At $2000 Or $600? No Difference added by Herman James on 03/28/2022View all posts by Herman James ?+'Read More

Property Gives Junior More Room to Explore

March 29, 2022 / www.theaureport.com

This exploration and development company is expanding its opportunities with the acquisition of an Ontario property with three connected, high-grade gold deposits.Canadian junior MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) agreement to acquire Gatling Exploration Inc. (GTR:TSX.V; GATGF:OTCQX) gives it a new avenue for exploration that fits well into its portfolio, several analysts said.As part...Read More

Currency Wars Center on Russia's Gold / Commodities / Gold and Silver 2022

March 28, 2022 / www.marketoracle.co.uk

In response to Russia’s war on Ukraine, the U.S. and G-7 countries have launched a currency war against the Kremlin. Sanctions imposed on the Russian central bank have effectively blacklisted the country from the U.S. dollar-dominated global financial system.Now the Biden administration is attempting to prevent Russia from using gold as an alternative medium of exchange.Last week, the Treasu...Read More

Gold & Silver: Breaking Out, Or Breaking Down?

March 28, 2022 / www.silverdoctors.com

The rapid runup in prices was driven primarily by...by Keith Weiner of Monetary-MetalsTwo weeks ago, we published This is NOT the Silver Breakout You're Looking For.The silver price had gone from $24 to over $26 and the gold price was up about $50/oz over the same period. Our basis indicator made it clear that the rapid runup in prices was driven primarily by paper traders buying futures contra...Read More

JP Morgan's Running Out Of Silver Again (Watch Out For Platinum Too!)

March 28, 2022 / www.silverdoctors.com

What's pressuring the bullion bank?by Rafi Faber via Arcadia EconomicsJPMorgan's New York silver vault is running low again as inflows into #SLV are pressuring the bullion bank.Meanwhile, Comex has been bleeding physical platinum at an alarming pace since July 2021, and the European Federation of Energy Traders sounds the Red Alert on liquidity issues in all paper energy markets.Every real commodi...Read More

Beware The April Fools' Day Joke In The Gold & Silver Market: Laugh At It Or Embrace It?

March 28, 2022 / www.silverdoctors.com

The real question is...(by Half Dollar) Beware the April Fools' Day Joke in the gold & silver market on Friday.The real question is, who will the joke be on?Oh yeah, and will the upcoming March Jobs Report on Friday even matter?That's like a bonus question or something.For now, however, "gold is going to the moon", they say:The technicals, after all, support landing on the moon.Don't they?Regardle...Read More

Jewelers' Security Alliance Elects New Officers

March 28, 2022 / www.diamonds.net

RAPAPORT... The Jewelers' Security Alliance (JSA) appointed three new officers at its most recent event and finalized the reelection of its chair, Steven Kaiser.Kaiser, the CEO of luxury jeweler Kennedy North America, will serve another three-year term, the JSA said last week. Meanwhile, Alan Zimmer, CEO of Reeds Jewelers, was elected as vice chairperson, while Mark Udell, the president of London...Read More

WGC and LBMA trial blockchain gold tracing

March 28, 2022 / www.mining-journal.com

The Gold Bar Integrity Programme is designed to produce a traceable chain of custody for gold bars, allowing them to be tracked from the mine, through the smelter, to buyers.Read More

Lulo's Rough-Diamond Resources Climb

March 28, 2022 / www.diamonds.net

RAPAPORT... Rough resources at Lucapa Diamond Company's Lulo deposit in Angola increased 11% in 2021 as the miner identified new material and improved its knowledge of existing areas, management said Monday.The figure, which refers to the volume of diamonds with a reasonable prospect of being extracted economically, climbed to 151,040 carats as of December 31 from 135,900 carats a year earlie...Read More

Chile minister Hernando: communities to know of exploration...

March 28, 2022 / www.mining-journal.com

In a very brief speech to open the Exploration Forum, the first event in Cesco week in Santiago, Chile, mining minister Marcela Hernando stressed that communities need to know about mining projects inRead More

Belgium does not Oppose Sanctions on Russian Diamonds, says PM

March 28, 2022 / www.idexonline.com

Belgium does not Oppose Sanctions on Russian Diamonds, says PM(IDEX Online) - Belgium has not opposed EU sanctions against Russian diamonds, its prime minister told national radio.Alexander De Croo (pictured) was responding to calls within the federal government -from the Flemish Green party Groen and French-speaking socialist party PS among others - to stop the importation of diamonds from Russia...Read More

Russia Seizes Audemars Piguet Watches after Switzerland Imposes Sanctions

March 27, 2022 / www.idexonline.com

(IDEX Online) - Russia has reportedly seized millions of dollars worth of Audemars Piguet watches in response to a Swiss ban on the sale of timepieces and other luxury goods.Agents from the FSB security service took the from the firm's Moscow premises, claiming there had been customs irregularities, according to the Swiss newspaper NZZ am Sonntag.But Swiss foreign affairs department officials...Read More

Osisko Metals lines up Glencore copper mine

March 28, 2022 / www.mining-journal.com

The US$25 million payment will be paid by way of issuance of a convertible note to Glencore, giving the firm an equity stake in the Canadian junior.Read More

Dr McKinsey's get fit diet for mining companies

March 28, 2022 / www.mining-journal.com

West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining   The "doctor" in this case is not really a doctor, it's the global management consulting firm McKin...Read More

Tech Talk for Monday March 28th 2022

March 28, 2022 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points in pre-opening trade.Energy equities and related ETFs are expected to open lower after the price of crude oil dropped $5.40 to US$108.50 per barrel in overnight trade. Tesla gained $61.38 to $1,072.00 after the company indicated plans to split its stockApple dropped $2.27 to $172.45 after reportedly cutting it...Read More

Pure Gold Mining needs to raise $50M to keep its Red Lake mine running

March 28, 2022 / www.northernminer.com

Shares of Pure Gold Mining (TSXV: PGM) fell to its lowest in a year after the company announced it will need to raise funds within the next 30 days to fund its operations and service the interest on its debt. The company, which operates the PureGold underground mine, located in Red Lake, Ont., said its cash balance stands at about $9 million. "Over the next six months [Pure Gold] will require...Read More

Osisko Metals to buy former Gasp?(C) copper mine in Quebec from Glencore

March 28, 2022 / www.northernminer.com

Osisko Metals (TSXV: OM; OTC: OMZNF) has signed an option to purchase the former Gasp?(C) copper mine from Glencore Canada. The mine, located near Murdochville, Quebec, was developed and operated by Gasp?(C) Copper, a subsidiary Noranda Mines.Osisko has agreed to make an up-front payment of US$25 million to be paid by way of a convertible note when the arrangement closes. A further US$20 million w...Read More

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