RAPAPORT... De Beers has released its sales schedule for next year, with the miner holding its usual 10 sights across the 12-month period.The miner sells most of its rough to sightholders through a contract system under which clients make certain purchasing commitments in return for consistent supply. In April 2021, the miner introduced a new sales agreement offering more bespoke supply for m...Read More

RAPAPORT... US consumers will purchase fewer gifts this holiday season as they contend with higher prices and weaker financial situations, according to a survey by Deloitte.Americans will buy an average of nine presents for their loved ones this year, compared to 16 items in 2021, as household incomes reach their lowest level in a decade, the consulting firm noted last week. Some 37% of those surv...Read More

(IDEX Online) - Fugitive Indian diamond merchant Jatin Mehta has gone to court in Britain to challenge the freezing of his assets.He is accused of defrauding15 lenders out of more than $1bn lent to his companies Winsome Diamonds and Jewellery Ltd and Forever Precious Diamonds & Jewellery Ltd in 2013 and of then laundering the money to fund his lab grown diamond business. He denies all accusati...Read More

(IDEX Online) - This scale of devastation from a tailings dam burst at an old diamond mine in South Africa can be seen in this image from space.It shows the five-mile plume of grey sludge that killed at least two people and hundreds of animals, wrecked 350 homes and damaged infrastructure and farmland at Jagersfontein, in the Free State province.The picture was taken by NASA's Landsat 9 satel...Read More

RAPAPORT... A rebel strike at a neighboring site has compelled Gemfields to pause operations at its Montepuez ruby mine in Mozambique.The Cabo Delgado insurgency, which has been ongoing since August, moved closer to the company's site, following an attack Thursday on a deposit belonging to Gemrock, approximately 12 kilometers away, Gemfields said last week. The miner is currently verifying details...Read More

RAPAPORT... Kering's jewelry brands saw solid results in the third quarter, even as restrictions in China presented challenges.Sales at Kering's "other houses" segment - which includes jewelry, watches and other fashion products - climbed 17% year on year on a reported basis to EUR 995 million ($984.3 million), the French luxury conglomerate said last week. Group revenue jumped 23% to EUR 5.14 bil...Read More

(IDEX Online) - Raiders smashed their way into a New York jewelry store with a sledgehammer, then fled with over $500,000 of merchandise.Surveillance video released by NYPD (New York Police Department) shows three hooded intruders bursting into Cellini, in Midtown, Manhattan, in the early hours of last Saturday (15 October).They smashed display cases, grabbing jewelry and high-end watches."A full...Read More

Liberty and Finance, Released on 10/23/22 (Recorded on 10/21/22)"All policy changes have a lag effect," says Adrian Day, founder of Adrian Day Asset Management. "We have not seen the full negative effects of what the Fed has already done." He makes the argument that the Fed's recent hawkish policy is more aggressive than even what Volcker did. A weakened economy will be the result, but inflation w...Read More

dlacalle.com, Released on 10/23/22The narrative to attack any tax cut and defend any increase in government size is reaching feverish levels. However, we mustContinue... Daniel Lacalle: Tax Cuts Do Not Cause Inflation. Printing Does. added by Herman James on 10/24/2022View all posts by Herman James ?+'Read More

Dr. Eli David - Twitter, Released on 10/23/22Harvard mandates the new booster for all students.Here is a top Ivy League university ignoring all scientific evidence, and instead pushes a woke political agenda... pic.twitter.com/pCxzG0jPUF- Dr. Eli David (@DrEliDavid) October 23, 2022 Columbia University mandates the new booster for all faculty, staff, and students.Zero science behind this. Absolute...Read More

The End Of The American Dream, Released on 10/23/22I have been extremely alarmed by some of the events that have transpired over the past week. Hotheads in Russia and hotheads in Continue... 5 Signs That The War Between Russia And NATO Is About To Spiral Out Of Control added by Herman James on 10/26/2022View all posts by Herman James ?+'Read More

Oil prices ended the week caughtbetween the headwinds of a tighter global supply and a lacklustre economicoutlook eroding consumers' purchasing power.Macroeconomics On Thursday, the greenback took off overthe value of 150 Japanese yen – a symbolic price mark – for the first timesince the 1990s. A strong dollar reduces foreigninvestors' purchasing power in other currencies and thus dema...Read More

Oil prices ended the week caughtbetween the headwinds of a tighter global supply and a lacklustre economicoutlook eroding consumers' purchasing power.Macroeconomics On Thursday, the greenback took off overthe value of 150 Japanese yen – a symbolic price mark – for the first timesince the 1990s. A strong dollar reduces foreigninvestors' purchasing power in other currencies and thus dema...Read More

It's a strategy that has massive economic consequences. Budget deficits have soared as local governments have tried to cover the ...Read More

Seabridge Gold Inc. has received its permit and started drilling at its 3 Aces project in the Yukon. It plans to expand its exploration of the site in 2023.After receiving its exploration permit from the Yukon government, Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) is drilling 1,500 to 1,800 meters at its 3 Aces project there with assays pending before the end of the year.The company believes the p...Read More

In addition to this news, the Canadian company is trading at a discount to peers, noted a Stifel report.Troilus Gold Corp. (TLG:TSX; CHXMF:OTC; CM5R:FRA) discovered a new zone, hit the highest grade ever, and returned some of the best drill results at its namesake gold project in Quebec's historic Val d'Or mining district, reported Stifel analyst Ian Parkinson in an October 17, 2022 research note....Read More

Palisades Gold Radio, Released on 10/22/220:00 - Introduction0:43 - Capital Allocation5:09 - Red Queen Syndrome9:20 - Middle East & Oil Decline11:52 - EIA - Hide the Decline14:27 - Understanding EROI18:02 - U.S. Energy Exports20:04 - Dollar Endgame24:35 - The Winter Ahead30:32 - Energy & Foreign Impacts32:35 - Precious Metals & Energy39:04 - Institutions & Metals44:10 - Wrap UpIndependent research...Read More

Fox Business, Released on 10/22/22Queens College Cambridge President Mohamed El-Erian analyzes how the Federal Reserve has handled inflation on 'Maria Bartiromo's Wall Street.'Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bo...Read More

Daniel Lacalle, Released on 10/22/22Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017). He is a professor of global economy at IE Business School in Madrid and Chief Economist at Tressis SV. Ranked as one of the top twenty most influential economists in the world in 2016 and 2017 by Richt...Read More

Citizen Free Press, Released on 10/22/22From now on, people cannot buy, sell, or transfer handguns within Canada, and they cannot bring newly acquired handguns into the country.Continue... Canada bans all hand gun sales effective today added by Herman James on 10/22/2022View all posts by Herman James ?+'Read More