(IDEX Online) - The case against customs officials in India accused of over-valuing imported diamonds worth more than $19m has been suspended.Bombay High Court has set aside the show cause notices, which are issued when a government official is held prima facie responsible for misconduct.Pradeep Jhaveri, a customs valuer in Mumbai, was accused of misappropriating bills of entries relating to diamo...Read More

(IDEX Online) - A gold and emerald ring is to be sold at Sotheby's, together with its twin NFT (non-fungible token).The buyer "will own the piece in both the physical world and in the metaverse," say Metagolden, the jewelry, fashion, art and NFT emporium that created the piece.Metagolden says it anchors luxury physical investments to NFTs to authenticate them and to provide long-term value to...Read More

(IDEX Online) - Tennis icon Chris Evert has launched her own range of the jewelry item she made famous - the tennis bracelet.The American former world No. 1 tennis player famously halted a match in the 1978 U.S. Open to retrieve a diamond bracelet that fell off her wrist. And so the tennis bracelet was born.More than three decades on Evert, now 67, has launched a range of 13 tennis bracelets with...Read More

U.S. equity index futures were lower this morning. S&P 500 futures were down 51 points in pre-opening trade. FedEx dropped $2.95 to $228.78 after Evercore added the stock to its tactical underperform list.United Parcel Services fell $4.49 to 203.94 after Evercore lowered its rating from Outperform to In Line.Canadian National Railway dropped $2.22 to $124.49 after Evercore lowered its rating f...Read More

The Daily Gold, Released on 8/22/22In this video we analyze the long-term technicals of Silver. At present, Silver is clinging to important support in the $18s. The path of least resistance remains lower and we think Silver has downside risk to $14-$15, which is the next area of support. That level is major support, dating back many years. Silver has already broken down relative to the S&P 500. Sh...Read More

Fox Business, Released on 8/22/22Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim's commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by the biases of traditional Wall Street research, Jim has built a decades long reputation for objective, incisive commentary that challenges consensus thinking. In nearly 2...Read More

Stansberry Research, Released on 8/22/22The Inflation Reduction Act passed last week does almost anything except address inflation, says David Morgan, author of The Silver Manifesto and founder of TheMorganReport.com. The "misnomer bill" only accelerates the current trajectory of the U.S., "and it does not end well," he tells our Daniela Cambone. Based on the current geopolitical landscape, "globa...Read More

Liberty and Finance, Released on 8/22/22"We are in the worst ever - other than the civil war - social and political period in America's history," says Peter Grandich of Peter Grandich & Co. Volatility is here to stay, he points out, and major downside potential for the stock market remains. Grandich remains all in on precious metals, copper, and uranium. He also touches on an often overlooked inve...Read More

Tim Pool - Twitter, Released on 8/22/22Youtube updated its policies to no longer ban claims that masks do not play a role in preventing spread of COVIDEssentially, you are now allowed to claim masks don't work pic.twitter.com/SI3wF9jov8- Tim Pool (@Timcast) August 23, 2022 Youtube updated its policies to no longer ban claims that masks do not play a role in preventing spread of COVID added by...Read More

The Market Ticker, Released on 8/22/22War is not a video game and the thin veneer we often try to put over the ugly underbelly Continue... Karl Denninger: Beware The Lessons Of War.... added by Herman James on 08/23/2022View all posts by Herman James ?+'Read More

Of Two Minds, Released on 8/22/22The Fed and other central banks have zero control of supply-driven inflation, period.Continue... Charles Hugh Smith: The Fed Can't Stop Supply-Side Inflation added by Herman James on 08/23/2022View all posts by Herman James ?+'Read More

Darla Shine - Twitter, Released on 8/22/22CDC announces last week they botched it upBirx admitted she lied to TrumpFauci is resigning They know the jig is up.- Darla Shine (@DarlaShine) August 22, 2022 They know the jig is up added by Herman James on 08/23/2022View all posts by Herman James ?+'Read More

Markets got hammered today, with the Dow losing 643 points, the S&P losing 90 and the Nasdaq losing 323. What happened?Here's CNBC's explanation:The Dow Jones Industrial Average fell sharply Monday... as the summer rally fizzled out and fears of aggressive interest rate hikes returned to Wall Street...Investors are anticipating what could be a volatile week of trading ahead of Federal Reserve...Read More

A metaphorical winter approaches for base metals equities, says Haywood Capital Markets in a new report published on Sunday.Analyst Pierre Vaillancourt expects the constellation of base metals companies under coverage's second quarter results to fall below expectations when they start reporting results from month-end."Overall, we look for most base metals producers to reflect weakening metals pric...Read More

Neo Performance Materials (TSX: NEO) will acquire an exploration licence from Hudson Resources (TSXV: HUD) for its Sarfartoq Carbonatite Complex in southwest Greenland, under a binding agreement announced Monday. The licence will cover Sarfartoq, which hosts Hudson's ST1 rare earths project and the Nukittooq niobium-tantalum project, Neo, a Toronto-based metals manufacturer said in a news rele...Read More

Glencore plans to invest more than $500 million in its Horne smelter located in Rouyn-Noranda, Que., with the aim of improving air quality to reduce its arsenic emissions to 15 ng/m3 within the next five years."This transformative project shows that our number one priority is to ensure our teams' safety et security, as well as that of our neighbouring communities," said Claude B?(C)langer, COO o...Read More

Welcome to our weekly feature, TNM Drill Down, focusing on the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our sister company Mining Intelligence.Top gold assays Aug 12-19, as identified by Mining Intelligence.This week's top three gold drill intercepts come from Australia.Emmerson Resources (ASX: ERM) reported on Aug. 17 assay results from the seco...Read More

Rock Tech Lithium (TSXV: RCK; OTC: RCKTF) has closed its previously announced marketed offering, issuing approximately 11.5 million units of the company priced at $3.50 per unit for aggregate gross proceeds of $40 million. This total includes a $30.7 million offering conducted through a syndicate of underwriters and a $9.4-million private placement.Each unit issued under the financings comprised o...Read More

A recent report by the Peruvian Institute of Economy states that the country's mining sector has seen a 'concerning' decrease in private investments.According to the Institute, while the mining sector was responsible for 19% of total private investments in 2012, it now accounts only for 10%. This new baseline is similar to that of 2016, even though copper prices have doubled since then.The report...Read More

Ailing zinc miner Trevali Mining (TSX: TV; US-OTC: TREVF) reported receiving an initial order from the Supreme Court of British Columbia under the Companies' Creditors Arrangement Act (CCAA) on Friday, granting creditor protection. Production at two of its three assets remains suspended amid a lower price, higher-cost environment.Also on Friday, Burkina Faso news sources reported that two Trevali...Read More