Market Sanity - Twitter, Released on 5/18/22Powell made the comments in an interview with the WSJ earlier this week (watch it here)Jerome Powell said Tuesday that this is a "strong economy"Notice how the U.S. consumer discretion ETF, XLY, peaked 6 months ago and has been plummeting ever since.Only a central banker could spin this as a "strong economy"#inflation @PeterSchiff pic.twitter.com/ZaWtL7Z...Read More
Zero Hedge, Released on 5/19/22Last week, we shared extensive empirical evidence that the US housing market is starting to crack when we quoted regional managers from John BurnsContinue... Is The Housing Crash Starting? added by Herman James on 05/19/2022View all posts by Herman James ?+'Read More
Natural News, Released on 5/17/22"If that's what a fact is, which is simple wishful thinking by a bunch of nerds inside of our government - man, are we in trouble."Continue... CDC Cannot Prove That Covid Vaccines Do Not Cause New Variants added by Herman James on 05/19/2022View all posts by Herman James ?+'Read More
The Korelin Economics Report, Released on 5/18/22Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to discuss why he is still convinced that for a meaningful and sustained real bull market in the precious metals, that we need to see further corrective moves in the us equity markets. We review the potential path for Fed policy, bonds, interest rates, and the eventual point where th...Read More
With their newest project of building a commanding land position in New South Wales, Australia, expert Maurice Jackson believes Roo Gold is on track to become the New Dominant Player in the region.Joining us for a conversation is Carlos Espinosa, the CEO of Roo Gold Inc. (ROO:CSE). Mr. Espinosa, it's a pleasure to be speaking with you today to have you introduce us to Roo Gold, which is positionin...Read More
Is that it?Michael Oliver with Chris Marcus on Arcadia EconomicsThe silver price has finally stabilized this week after a rather brutal selloff over the past month.But is that it? Or is there more selling on the way? And what actually caused the recent selloff?To discuss those questions, as well as how the Fed's latest set of rate hikes is likely to impact the silver price going forward, technical...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.The company reported an intersept of 420m grading 0.Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryAs part of a non-brokered private placing, Agnico will increase its stake to 19.7% from 13.3% on a partially-diluted basis assuming the e...Read More
Look beyond market approach to project valuations: van ZylLeadershipIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryThe revised credit facility also includes "sustainability-linked metrics".Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryRio already owns 51% of Turquoise Hill, the owner of 66% of the Oyu Tolgoi copper-gold mine in Mongolia.The company made a $2.7 billion,...Read More
Anglo American sees a shortfall of an annual 18 million tonnes between refined copper demand and committed mine copper supply and copper scrap in smelting by 2040.Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoverySince the end of March, the S&P 500 share price index has fallen 13.Read More
News: Dealers unsure where market is headed and hope upcoming Las Vegas shows will provide clarity. Trade starting to feel impact of Russia crisis amid lower supply and cautious demand. Chinese slowdown fueling uncertainty. Manufacturing down due to Surat summer vacation and withdrawal of Alrosa rough. De Beers positioned to gain from Russian sanctions as May sales +57% to $604M. Shortages expect...Read More
RAPAPORT... The US jewelry industry continued to downsize in the first quarter, according to the latest data from the Jewelers Board of Trade (JBT).Some 187 companies exited the sector during the three months ending March 31, compared with 142 in the same period a year earlier, the JBT reported Wednesday. In total, there were 23,852 companies active in the US industry, 1.8% fewer than the same per...Read More
RAPAPORT... The Gem and Jewellery Export Promotion Council (GJEPC) has proposed the opening of a lab-grown diamond park that will help grow the sector and process an extra 150 million carats a year."Lab-grown diamonds have the potential to build and sustain a stronger and more self-reliant domestic cutting and polishing industry," GJEPC chairman Colin Shah said in meeting with Commerce Minister Pi...Read More
RAPAPORT... Traditional diamond grading can be inconsistent and inefficient, but is automation a viable alternative? Experts shared their views in the latest "Fast-Tracking the Future" webinar installment.Titled "Automated Grading and the AI Revolution," the final session of the three-part series featured panelists from four organizations: David Block, CEO of Sarine Technologies, the series'...Read More
(IDEX Online) - Alrosa's sales of high-value diamonds to wealthy investors in Russia have increased significantly since sanctions and hard currency restrictions were imposed.The miner, part-owned by the government, launched its Diamond Exclusive program, in partnership with private banks, three years ago.Instead of selling its largest and clearest fancy color stones and colorless gems over 3-...Read More
(IDEX Online) - Investigators in India probing an alleged $20m diamond scam are seeking help from authorities in Hong Kong.The Central Bureau of Investigation (CBI) has sent judicial requests for assistance after diamonds were allegedly imported with vastly-inflated fake invoices as part of a money laundering racket.Three customs officers at Mumbai International Airport and another 14 individuals...Read More
(IDEX Online) - Mountain Province Diamond (MPD) says it has found kimberlite in three out of four locations during a winter exploration program at its Kennady North project in Northwest Territories, Canada, on the edge of the Arctic Circle.It has released interim results on its search for new kimberlites, based on a detailed analysis of ground and airborne geophysics, kimberlite indicator minerals...Read More
"We appreciate having quickly attained Stage 1 agreement with Rio Tinto's Nuton team and look forward to further advancing the MacArthur and Yerington projects," Lion's CEO Travis Naugle said.Rio is to provide US$3.75 million in funding to Lion for the Mason Valley project development and exploration. Rio has the option to earn a 65% interest in the assets.The deal was made following Rio's Nuton l...Read More