U.S. equity index futures were lower this morning. S&P 500 futures were down 34 points at 8:35 AM EDTIndex futures dropped sharply in overnight trade on concerns that Deutsche Bank was experiencing financial distress. Deutsche Bank dropped $1.20 to $8.14 in overnight trade.Index futures were virtually unchanged following release of the February Durable Goods Order report at 8:30 AM EDT. Consen...Read More
The standard Keynesian policy solution to economic inefficiency is that government takes active measures via a (supposedly) wise and knowledgeable central bank, one filled with people who hold Ph.D.s in economics from top-notch universities.Because they know stuff.These central bankers act in tandem with fiscal policy emanating from a (supposedly) all-seeing, all-knowing government, one filled wit...Read More
"Old soldiers never die," said Gen. Douglas MacArthur in his long-ago farewell address of April 1951. "They just fade away," he added with a note of deep sadness.I sure wish we could say that about Keynesian economists.That is, about economists who follow the doctrines and dogmas of John Maynard Keynes (1883-1946), a British economist whose main works were published in the 1920s and '30s and whose...Read More
Canadian Mining Journal Editor-in-Chief Tamer Elbokl spoke with economist, founder of the publication Critical Metals for a Sustainable World, and former vice-president with Scotiabank, Patricia Mohr at PDAC 2023 in Toronto in March. Mohr discussed Canada's critical minerals potential, including in nickel, copper and rare earths - from mining to refining - as well as rising demand for minerals fro...Read More
The Northern Miner caught up with the world's biggest mining technical consulting group SRK Consulting at PDAC in Toronto in March 2023. Tamer Elbokl, Editor-in-Chief of TNM sister publication Canadian Mining Journal discussed the latest trends in mine closure and reclamation with SRK's principal corporate consultant Jeff Parshley, who specializes in closure planning and closure cost estimation. W...Read More
Western Copper and Gold (TSX: WRN; NYSE-AM: WRN) announced Friday a strategic equity investment by Japan's Mitsubishi Materials to advance the company's Casino copper-gold project in Yukon towards development.Mitsubishi has agreed to acquire about 5% of Western's outstanding shares at $2.63 per share. The exact number of shares to be issued (and by extension, total proceeds received) will depend o...Read More
Politicians everywhere have a tendency to make decisions based on short-term outcomes that might become catastrophic in the long term. There are few better examples of this than legislation in London 250 years ago. In one of the U.K.'s worst ever political decisions (and we've had a few), Parliament voted on Apr. 27, 1773, to help the financially troubled East India Co. (EIC) by allowing it to...Read More
Shares in coloured gems miner Gemfields (LSE: GEM; JSE: GML) climbed more than 5% on Friday after it posted record revenue for 2022, exceeding the US$300-million mark for the first time.The Africa-focused emeralds and rubies miner said last year revenue hit US$341 million, a 32% increase from the almost US$258 million recorded in 2021."The coloured gemstone market has seen strong demand after the...Read More
Bolivia's government is calling its lithium-producing neighbours to forge ahead with the idea of setting a Latin America-wide policy on the exploitation of the coveted battery metal.The idea, part of a broader initiative involving Argentina, Bolivia, Brazil and Chile to form an OPEC-like cartel, seeks to collectively boost the bargaining power of these countries, President Luis Are said in a spee...Read More
Deutsche Bank is Actually Very Profitable" - Jim Cramer #Meme #madmoney #jimcramer #cramer #bank.Read More
South Korean police have announced that well-known crypto scammer Do Kwon was arrested in Montenegro. Kwon is known as ...Read More
The SEC issued an investor alert that warns of significant loss risk for crypto asset investors and concerns over crypto trading ...Read More
Canadian PM Justin Trudeau stayed in a $6000 per night hotel suite while attending Queen Elizabeth's funeral. The cost of the ...Read More
Joining us on the Daily Dive for the first time is Sean Black, Chief Investment Officer of Happy Belly Food Group (CSE: HBFG).Read More
Deutsche Bank shares have plunged this week, losing about a fifth of their value over the last month. The decline is attributed to ...Read More
A US contractor was killed along with 5 US service members who were injured in a drone strike in NE Syria. In response, US ...Read More
Steven Seagal, a US-born martial artist & Putin supporter, has opened an aikido dojo in Moscow to prepare young Russians for ...Read More
Jack Dorsey's payment company Block Inc., has been accused of both exploiting the unbanked and fraud allegations in a 2-year ...Read More
Visit General Kinematics to Learn More: https://www.generalkinematics.com/ Link to Full Video: https://youtu.be/gHYQDf22lrE ...Read More
First Phosphate Corp CEO John Passalacqua and Chief Geologist Gilles Laverdiere joined Steve Darling from Proactive to share ...Read More