Dear Outsider,On this Memorial Day, I want to write a few words to remember those who made the ultimate sacrifice. Without them, we wouldn't have the privilege of living in the greatest country in the world. And to all the military families and veterans out there, we thank you.I come from a military family (go Navy!). My great-grandfather left Princeton to drive ambulances for the French army in W...Read More
It's been one of the fastest growing cities for more than a decade. In fact, two years ago it became the fifth largest city in the United States, overtaking Philadelphia.But for the city of Phoenix, things are about to slow down. As reported in Reuters, the state of Arizona has officially restricted future home-building in the Phoenix area due to a lack of groundwater, based on projections showing...Read More
Last week, Elon Musk reclaimed the title of the world's richest person.After an increase in Tesla's value, Musk's net worth rose to $192 billion.To put that in perspective, there are 156 countries with GDPs of less than $192 billion.Of course, with Elon Musk, most folks equate his wealth to Tesla's success, but the truth is Musk's fortune doesn't rely solely on Tesla. In fact, like a lot of b...Read More
Barry Dawes of Martin Place Securities looks at how various sectors have been doing this week, from gold and silver to uranium and housing.Key PointsGoldBreaks up through wedgeAnd does that backtestNew US$ highs coming soonSilver still looking solidUS$ - heading higherRally to 105Euro, Yen, Sterling and Swiss Franc, etc., still look awfulNth Am Gold stocks starting a Wave 3Have completed C wave fo...Read More
Michael Ballanger of GGM Advisory Inc. takes a look at the precious metals and energy sector to tell you where he believes it is headed, as well as shares some stocks on his radar.In a career that started on Bay Street in May/1977, I have been through every bear market since then, countless corrections, and the major crashes of 1987 (panic), 2001 (9/11), 2008 (GFC), and 2020 (Covid). There were al...Read More
The company put out five releases this morning spanning 200 pages and containing "lots of news", as well as broader statements around strategy and the gold price.Read More
Under the arrangement, Thesis shareholders will receive 2.6 Benchmark shares for each Thesis share, implying consideration of C96c per share, a 26.2% premium over Friday's close.Read More
Nova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesSRK visualisation tool to help engagementSPONSOREDsrk consultingOsisko Mining and Patriot Battery Metals have complied with provincial requests to cease field activities due to very high forest fire ri...Read More
Polymetal chief executive Vitaly Nesis and chief financial officer Maxim Nazimok, among other senior management, have resigned from their position at the company's Russian subsidiary JSC Polymetal.Read More
Nova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesSRK visualisation tool to help engagementSPONSOREDsrk consultingIn theory, the China Mineral Resources Group is the world's premier buyer of iron ore and a range of other minerals and metals essential...Read More
(IDEX Online) - US watch and jewelry sales fell yet again during April, by 7.1 per cent according to figures released by the US Department of Commerce. That's an improvement on the 8.8 per cent drop in March, but only a slight one. Year-on-year sales showed modest growth from May 2022, but dipped below zero in October 2022, where they have remained ever since (with the exception of an 0.8 per...Read More
(IDEX Online) - An Indian company says it has broken its own record for the world's biggest polished lab grown diamond, at 50.25 carats.Ethereal Green says it took eight months to grow the Type IIa crystal using chemical vapor deposition (CVD). It was then cut and and polished into an emerald-cut G color, VS2 clarity gem named Shiphra. The same company announced last month that it had gr...Read More
(IDEX Online) - An amateur diver was astonished to learn that the Rolex he bought for just $345.97 in 1974 could now sell for as much as $700,000 at auction.He fell to the ground when he was given the valuation on camera for the US edition of Antiques Roadshow.The unnamed guest said he bought the Oyster Cosmograph 6263 by mail order to use while Scuba diving, but decided instead to keep it in a sa...Read More
(IDEX Online) - Polished diamond prices were down yet again during May with the prospect of a global recession still looming large. The IDEX Polished Price Index, derived in real-time from actual global industry asking prices is now down just over 22 per cent on its peak in March 2022. It's been sliding ever since then. Last month it slipped by 1.27 per cent, down slightly from...Read More
"2022 was light in terms of transactions, which partly reflected the economic backdrop and pressure on commodity prices," Trident Royalties chair Paul Smith said.Read More
(Updates prices, adds trader comment in paragraph 2) By Pratima Desai LONDON, June 5 (Reuters) - Copper prices came underpressure on Monday from worries about demand, particularly intop consumer China, and a stronger dollar which makes metalspriced in the U.S. currency more expensive for holders ofothers. However, copper recovered after the New York open as thedollar retreated in afternoon trade...Read More
* Extended industrial demand slowdown could hurt silver-Heraeus * Global shares muted, oil gains on Saudi pledge to cutoutput * Platinum, palladium eke out gains (Updates prices) By Seher Dareen June 5 (Reuters) - Gold slipped on Monday as the dollarfirmed after strong U.S. payrolls data last week, offsettingsome of the support for zero-yield bullion from bets that theFederal Reserve may...Read More
It looks like the much-anticipated Ukrainian spring offensive may finally be getting underway. Yesterday, Russia repelled Ukrainian attacks in five places.It's very early these were likely probing attacks looking to detect weak points in Russian defensive positions but these attacks were much heavier than previous probing attacks.We'll have to see what happens.When the main offensive comes, it...Read More
Perhaps you're aware that the World Health Organization (WHO) is cooking up a plan to impose its will over all the sovereign nations on this planet in the event of future pandemics.That means, for instance, that the WHO would issue orders to the USA about lockdowns, vaccines and vaccine passports and we U.S. citizens supposedly would be compelled to follow them.Why the "Joe Biden" regime would go...Read More
Perhaps you recall the immensely popular series Downton Abbey, depicting British aristocratic life in a mighty estate, robust at first but fading as the seasons progress.At one point, the dowager countess Violet Crawley summarizes 800 years of British history in a paragraph. It's the kind of history that is routinely denied to students and has been for decades.But it's a good lesson in political s...Read More