Eldorado Gold produced 118,790 oz in the third quarter, 4.Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedCerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDAs a result of the stronger production in Q3 2022, following weaker than anticipated production in H1, Kenmare ex...Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedCerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDOn Tuesday, the International Monetary Fund (IMF) released its latest biannual World Economic Outlook (WEO) publi...Read More
News: Mixed expectations for the holiday season. US jewelry sales steady, but economic uncertainty affecting sentiment. IMF lowers 2023 global growth forecast due to China slowdown, Ukraine war and inflation pressure. Jewelry outpacing other luxury sectors, says Mastercard. LVMH 3Q jewelry and watch revenue +25% to $2.6B. Diamond trading slow. Manufacturers holding enough inventory ahead of Oct. 2...Read More
RAPAPORT... LVMH saw sales of jewelry and watches surge in the third quarter, buoyed by a strong performance from Tiffany & Co.Revenue from the category jumped 25% year on year to EUR 2.67 billion ($2.58 billion) in the three months ending September 30, LVMH reported Tuesday. Sales in the US, Europe and Japan benefited from local demand as well as the recovery in international travel, while th...Read More
RAPAPORT... Sales at Titan Company, an India-based jewelry retailer, increased in the second fiscal quarter as consumers spent more in the lead-up to the festive season.Jewelry sales climbed 18% year on year for the three months ending September 30, the company reported last week. Plain gold jewelry performed well, and studded jewelry saw a significant jump in the amount shoppers spent per item. R...Read More
(IDEX Online) - Diamond factories are extending their Diwali breaks from 15 days to 25 days amid ongoing slow demand from the US, Europe and China. An estimated one million workers will be forced to take 10 extra days of unpaid leave as units close from 21 October to 15 November. The closure will inevitably have an impact on the city's wider economy. Factory closures are s...Read More
(IDEX Online) - Israel's polished diamond exports rose by 25 per cent to $3.2bn in the first three quarters of 2022.Polished imports for the same period were up 19 per cent to $2.5bn, according to the Diamond Controller of the Israel Ministry of Economy and Industry.Net import of rough diamonds to Israel fell slightly, by 0.5 per cent, to $1.5bn. and exports fell by 1.0 per cent to $1.3bn.How...Read More
Preliminary third quarter gold production was lower than the second quarter as a strong performance from the Pueblo Viejo mine in the Dominican Republic was offset by lower production at the VeladeroRead More
"We remain on track to deliver on our updated guidance," said New Gold chief executive Renaud Adams after reporting third-quarter operational performance ahead of financial results on 3 November.Read More
U.S. equity index futures were higher at 7:30 AM EDT. S&P 500 futures were up 22 points in pre-opening trade.Traders were waiting for the September Consumer Price Report at 8:30 AM EDT. Consensus is an increase of 0.2% versus a gain of 0.1% in August. On a year-over-year basis, consensus is an increase of 8.1% versus a gain of 8.3% in August. Excluding food and energy, consensus is an increase...Read More
Las Vegas, Nevada has been our resort for these past several days.Here we have witnessed several madnesses - madnesses large, madnesses small. Madnesses public, madnesses private.Yet the public madness, the mass madness, the extended madness is our concern today. That is, the market madness.And so we publish once again our reflections on the madness of crowds. As we have written before: When a man...Read More
We spoke with Eric Zaunscherb, Chairman and CEO of GR Silver Mining Ltd. (TSXV|GRSL, OTCQB|GRSLF, FRANKFURT|GPE), a Canadian-based, Mexico-focused, junior mineral exploration company, engaged in cost effective silver-gold resource expansion, on its 100%-owned assets, located on the eastern edge of the Rosario Mining District, in the southeast of Sinaloa State, Mexico. GR Silver Mining controls 100...Read More
Gold Silver (w/ Mike Maloney), Released on 10/13/22What was the bizarre speech from 2002 that can now be seen as a precursor to the unbalanced world we live in today? Join Mike Maloney in today's update as he discusses the latest inflation figures, why we keep treating the symptoms rather than the disease, and who is ultimately responsible for the financial carnage to come. Link to Mike's 'Decodin...Read More
Macro Voices, Released on 10/13/22MacroVoices welcomes Tressis Chief Economist, Daniel Lacalle to the show. They discuss the Macro outlook in Europe and Daniel says the dire economic situation in Europe is entirely the making of EU policymakers, not Vladimir Putin. Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from t...Read More
ITM Trading, Released on 10/13/22Everyone wants to feel secure, they want to know what's going to happen day after day so they can save for the future and build a life. It should be apparent to everybody right now that things are more uncertain than they've ever been. The IMF and Jamie Dimon over at Chase are warning us of an imminent recession. But what happens when the Federal Reserve pivots lik...Read More
The Julia La Roche Show, Released on 10/13/22Brent Johnson, the CEO of Puerto Rico-based wealth management firm Santiago Capital and the creator of the Dollar Milkshake Theory, joins Julia on episode 22. Brent's view is that we're heading for a currency crisis. The Dollar Milkshake Theory is a framework Brent developed to explain how a sovereign debt and currency crisis might play out. He explaine...Read More
Goldmoney (via Dollar Collapse), Released on 10/13/22There is a growing feeling in markets that a financial crisis of some sort is now on the cards. Credit Suisse's very public Continue... Alasdair MacLeod: Banking crisis - the Great Unwind added by Herman James on 10/14/2022View all posts by Herman James ?+'Read More
CNBC, Released on 10/13/22A survey by the American Advisors Group found that more than a third of Americans today feel unprepared or unsure if they are on Continue... Work until you die: A quarter of Americans are expecting to delay their retirement due to rising consumer costs added by Herman James on 10/14/2022View all posts by Herman James ?+'Read More
The Epoch Times (via Zero Hedge), Released on 10/13/22Ukraine's admission to NATO could trigger a third world war, the Deputy Secretary of the Security Council of the Continue... Ukraine's Admission To NATO "Guaranteed" To Lead To World War 3: Russian Official added by Herman James on 10/14/2022View all posts by Herman James ?+'Read More