Popular News

BHP bets big on Canada potash

May 17, 2022 / www.mining-journal.com

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 discovery"We are making good progress and we're looking at potential to accelerate Jansen Stage 1 first production into 2026," Henry said. This wo...Read More

Podcast: The Forgotten Art of Detection

May 17, 2022 / www.diamonds.net

RAPAPORT... With Covid-19 and the war in Ukraine dominating headlines in recent years, it's easy to forget that undisclosed synthetics once ranked among the biggest threats facing the diamond industry. But while the number of cases may have dropped, the threat of fraudsters mixing lab-grown in parcels of natural remains, notes Trevor Poulter, product group manager for identification and classifica...Read More

Manufacturing Slowdown Is Likely, Sarine Says

May 17, 2022 / www.diamonds.net

RAPAPORT... The Russia crisis and India's summer break have led to a moderate drop in manufacturing that is likely to intensify in the coming months, Sarine Technologies said after reporting a decline in first-quarter sales."I'm not sure [I] can say there is a significant slowdown, but there is a slowdown, part of it probably because of the vacation, part of it because of Russian goods," Sari...Read More

The West's lithium fight back

May 17, 2022 / www.mining-journal.com

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 discoveryAnother own goal, this time by the entire Western world, is how complacent we've been in allowing China to dominate the lithium-ion batte...Read More

Jewelers Braced for Global Melee Shortage, says Cleaver

May 17, 2022 / www.idexonline.com

(IDEX Online) - Sanctions on Russian diamonds could force jewelers to amend their designs, say De Beers boss Bruce Cleaver, as they struggle to source enough melee.Alrosa, part-owned by the Russian government, produces a disproportionate percentage of the world's stones under 0.2-cts (the GIA's definition of melee).As a result, designers may have to find other ways to accentuate the larg...Read More

Says current drop in copper prices will be briefCopper News

May 17, 2022 / www.mining-journal.com

"If there's a decline in copper prices, my belief is that it will be short-lived, because we really do have big deficits on the horizon and markets are tight now [with] relatively low levels ofRead More

Base metals mainly up in London, potential rebound under way

May 17, 2022 / www.metalbulletinresearch.com

Base metal prices on the London Metal Exchange were mainly firmer on the morning of Tuesday May 17 – the exception being tin. Those on the Shanghai Futures Exchange were more mixed.• The slide in China’s renminbi yuan has halted for now, as has the dollar’s climb• China’s industrial production fell by 2.9% in April• US Empire State manufacturing index double dipp...Read More

Musk sees US 'probably' in recession

May 17, 2022 / www.mining-journal.com

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 discoveryThe owner of a string of firms including electric vehicle maker Tesla warned of up to 18 months of economically difficult times.Read More

Tech Talk for Tuesday May 17th 2022

May 17, 2022 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 Index futures advanced 54 points in pre-opening trade.Index futures were virtually unchanged following release of U.S. April Retail Sales at 8:30 AM EDT. Consensus was an increase of 1.0% versus a gain of 0.7% in March. Actual was.a gain of 0.9%. Excluding auto sales, April Retail Sales were expected to increase 0.4% versus a gain of...Read More

Nowhere to Hide

May 16, 2022 / dailyreckoning.com

Investors don't need to be told about the recent stock market crashes. The Dow Jones index is down 12.5% since early January. The S&P 500 is down 16.1% in the same period. The Nasdaq Composite is down an even more spectacular 26.5% this year. It lost more ground today.This puts the Nasdaq solidly into a bear market (down 20% or more from an interim peak) while the Dow and S&P 500 are both...Read More

Urgent Warning for Homeowners

May 14, 2022 / dailyreckoning.com

Oh for the good old days of a nice, clean housing bubble and bust as in 2004-2011...Subprime lending expanded the pool of buyers, liar loans and loose credit created speculative leverage, the Federal Reserve provided excessive liquidity and the watchdogs of the industry were either induced (ahem) to look away or dozed off in a haze of gross incompetence.The bubble burst was also straightforward: u...Read More

The Folly of the World-Improvers

May 13, 2022 / dailyreckoning.com

Think for a moment of other failed experiments in human history. One that comes to mind is the Bolshevik Revolution. Its leader, Vladimir Lenin, never really expected to take power, much less be put in charge of implementing the system he had spent a career promoting.He was asked to speak to what communism would mean. He fished around and came up with the idea of electrification of Russia.It didn'...Read More

How Inflation Erodes Culture

May 12, 2022 / dailyreckoning.com

Yesterday was a day of spin, with every regime apologist assuring the public that inflation is getting better. Just look at the wonderful trend line! In the footnotes, you find the truth: It was a tiny drop and mostly for technical reasons and the main reason for the drop has already disappeared from the price trends.And today, the spin continues: Yes, inflation will vex us for a bit more time but...Read More

Sold Down the (Dnieper) River

May 11, 2022 / dailyreckoning.com

The administration requested $33 billion to aid the nation of Ukraine. But Congress steeled its spine, summoned its nerve, recalled itself to its responsibilities... and refused the plea.A hulking majority of congressmen - a "bipartisan" majority - insisted that the $33 billion appropriation was unacceptable.And so they authorized a $40 billion "deal" instead. That is, they authorized $7 billion b...Read More

More Valuable Than Gold

May 09, 2022 / dailyreckoning.com

It was another bloodbath on Wall Street today, as the three major indexes took another beating.Both the Dow and S&P are well into correction territory (down 10% or more from recent highs).The rate-sensitive Nasdaq lost over 4% today. It's now mired in an official bear market (down 20% from its most recent highs), which will likely get worse before it gets better.Markets will have their good da...Read More

U.S. Gold Corp. to Participate in A.G.P.'s Virtual Series on May 19th

May 17, 2022 / www.usgoldcorp.gold

Hosted by A.G.P./Alliance Global Partners Managing Director & Head of Metals & Mining ResearchCHEYENNE, Wyo., May 17, 2022 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU), announced that it is scheduled to present at A.G.P.'s Virtual Series, being held on May 19, 2022 at 11 am ET.The event will be hosted by Managing Director & Head of M...Read More

The Contrarian Curse

May 07, 2022 / dailyreckoning.com

I have the Contrarian Curse, and I have it bad. The Contrarian Curse is: as soon as the herd adopts your previously contrarian view, you start questioning the new consensus, just as you questioned the previous consensus.Example #1: fiat currencies are doomed. After all, if creating “money” out of thin air solves all our problems, why not just let everyone print as much as they want at...Read More

The Crack-Up Boom

May 06, 2022 / dailyreckoning.com

How long will we live in this state of denial? I don't mean you. I mean most people. Yes, people are grumbling about high gas and food prices, But we are not yet at the panic stage. For goodness' sake, the president of the United States warned about coming food shortages. If he had any credibility at all, there would have been a run on grocery stores.This didn't happen for three reasons.First, peo...Read More

Sorry, Investor - Bad News

May 06, 2022 / dailyreckoning.com

The stairs up... and the elevator down.Here you have the stock market's general rate of travel - depending upon the stock market's direction of travel.The stock market is lately making excellent speed... downward. And over the past 12 months?Let us assume you own a broad market index fund. You have spent the past year upon the hamster wheel, running and running in place.Both the Dow Jones Industri...Read More

The Fed's Head Fake

May 05, 2022 / dailyreckoning.com

Anyone paying close attention could have seen this ahead of time. The supposedly massive crackdown on inflation, with the unleashing of the hawks, turned into a nonevent. Rates are now in historically low territory, once you factor inflation, which is running at 11% according to real-time data.That means that the Fed has done almost nothing so far.Fed chairman Jerome Powell said as much in his pos...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok