Liberty and Finance, Released on 9/1/22"The individual investor is so complacent right now," says Portfolio manager Michael Pento, "It's unimaginable." Investors are waiting for the government to save the markets, but "that is not happening this time. It's going to be too little, too late." The Fed has started draining their balance sheet by $95 billion per month. Pento expects a complete freeze i...Read More
Trends Research, Released on 9/1/22Gerald Celente, the publisher of The Trends Journal and founder of Occupy Peace, held a 'Peace & Freedom Rally' in Kingston, N.Y., with some of the finest minds in the peace movement. Prior to the rally, Celente held a roundtable discussion that gives an intimate and privileged perspective into the argument for peace that is banned in the mainstream media. Celent...Read More
I LOVE PROSPERITY, Released on 9/1/22Steve Penny is a full-time trader specializing in silver, gold, and uranium. Steve Penny's Silver Chartist: https://www.silverchartist.com. gold, silver, steve pennySteve Penny: The Fed is Losing Control & Here's What's Coming Next | Gold & Silver added by Herman James on 08/31/2022View all posts by Herman James ?+'Read More
Tom Luongo - Twitter, Released on 9/1/22This is FloridaLand pic.twitter.com/sbTQWJT14x- Tom Luongo (Powell's a Baller) (@TFL1728) September 1, 2022 They're not interested in safety or security, they're after you! added by Herman James on 09/01/2022View all posts by Herman James ?+'Read More
Clown World Today, Released on 9/1/22??????OE????(R)???? pic.twitter.com/E3oxev8lN6- Clown World Today ??????OE? (@cwt_news) September 1, 2022 Behold the insanity! added by Herman James on 09/01/2022View all posts by Herman James ?+'Read More
Zero Hedge, Released on 9/1/22After two prior episodes in as many consecutive days which saw Taiwan military outposts on outlying islands fire warning shots against intruding unidentified Continue... Taiwan Shoots Down Drone Off Chinese Coast For The First Time added by Herman James on 09/01/2022View all posts by Herman James ?+'Read More
Both gold and silver’s results sagged,but gold stocks are the worst performers so far. What is this decline leadingto?Gold moved visibly lower yesterday,silver closed at the second-lowest level in over 2 years, and miners (both GDX and GDXJ) formed theirlowest daily close in over 2 years! If someone has chosen to take shortpositions, profits have increased. Let’s take a closer look at...Read More
We no doubt had continued good banker additions, zero long liquidation, and...by Harvey Organ of Harvey Organ Blog//COMEX DATA//CRIMINAL INVESTIGATION INTO PERTH MINT//EUROPE'S HUGE PROBLEMS WITH ENERGY//CHINA'S RESCUE PLAN FALLS SHORT//Options expiry concludesGOLD; $1714.90 down $10.20SILVER: $18.08 down 36 centsACCESS MARKET: GOLD $SILVER: $Bitcoin morning price: $20,305 DOWN 366Bitcoin: a...Read More
The two firms announced on September 1 that they had reached an agreement in principle for a US$3.Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThis resulted in the delivery of lower grade or to the mill, which negatively affecting recoveries and concentrate grades, the company's CEO Ralph Shearing said."In addition, the mine installed a copper recovery...Read More
The company said the facility, which is led by National Bank Financial, features more favourable covenants, lowers the margin of borrowing, and extends the term to 25 August 2025 from 29 March 2024."With this facility and ongoing free cash flow generation from our Eagle River mine, Wesdome maintains significant financial liquidity and flexibility as we look towards ramping up Kiena in the near ter...Read More
Mining firms, including those in the copper, lithium and nickel sectors, have faced regular delays in securing environmental approvals and other permits to develop new mines in the US, especiallyRead More
US President Joe Biden's Inflation Reduction Act, signed into law on August 16, is also expected to support the North American uranium and nuclear sectors through US$30 billion in tax credits over 10Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDLast week's ‘From the Capital' column discussed the link between movements in the prices of gold companies with established production and the price of the metal itself.Read More
News: US market holding up well, but international trading under pressure with significantly weaker demand. China slow amid continued negative impact of Covid-19. Dealers uncertain about price levels. 1 ct. RAPI -3.6% in Aug. Top brands and retail programs buying at stable prices. Independents focused on memo. Polished inventory rising due to slowdown. Rough premiums declining on secondary market...Read More
McEwen Copper said it is well-funded to advance its Los Azules project in San Juan, Argentina—which is expected to see the completion of an updated preliminary economic assessment early next year and an initial public offering during the first half. As part of the deal, however, the IPO, or any liquidity event, is not to take place until after 31 March."Los Azules is among the largest undeve...Read More
RAPAPORT... Sales and earnings fell at Signet Jewelers in the second fiscal quarter as inflation hit consumer spending and the sector's post-lockdown rebound tailed off.Revenue dropped 1.9% year on year to $1.75 billion in the three months ending July 30, the retailer reported Thursday. Net profit declined 35% to $145.4 million.The US company cited the "impact of the heightened inflationary p...Read More
RAPAPORT... A yellow rough diamond weighing 151.60 carats will be the star item at Mountain Province's sale in Antwerp later this month.The octahedron with "exceptional clarity" will be among more than 90 special stones available from the company's Gahcho Ku?(C) mine in Canada, the company said Wednesday. The tender is Mountain Province's largest offering of gem-quality rough diamonds exceedi...Read More
RAPAPORT... When demand slides, India's diamond industry faces its fair share of challenges. As the largest manufacturing center, accounting for an estimated 90% of global polished goods, it is the market maker: How it buys rough and sells polished sets the tone for the rest of the trade. With both rough supply and polished demand declining in recent months, diamond cutters are navigating a comple...Read More
RAPAPORT... Gem Diamonds' earnings slumped in the first half of 2022 as the average selling price dropped and the Russia-Ukraine war caused a jump in fuel costs.Net profit fell 51% year on year to $8.3 million for the six months, the miner reported Thursday. Revenue slipped 4% to $100 million.Demand and prices for goods from the company's high-value Let??eng mine in Lesotho was strong, with t...Read More