Barrick Gold (TSX: ABX; NYSE: GOLD) said on Monday it's close to a final framework agreement with the Pakistan government to develop the giant Reko Diq copper-gold deposit, close to the borders of Iran and Afghanistan.The project, which hosts one of the world's largest undeveloped open pit copper-gold deposits, has been on hold since 2011 due to a dispute over the legality of its licensing proces...Read More
George Gammon, Released on 7/18/22Ronald-Peter St??ferle is Managing Partner and Fund manager at Incrementum AG, based in the Principality of Liechtenstein. The company focusses on asset management and wealth management and is one hundred percent owned by its partners. Ronald manages a fund that invests based on the principles of the Austrian School of Economics.George Edward Gammon is an American...Read More
ABC 7 Los Angeles (via MSN), Released on 7/18/22"To have a robbery like this occur with that amount of money, possibly upwards of $150 million in losses, is just incredible," Continue... Brinks Armored Truck Robbed of $150 Million Worth of Jewelry added by Herman James on 07/19/2022View all posts by Herman James ?+'Read More
Bloomberg (via Yahoo Finance), Released on 7/18/22"Nobody ever said boo about doing it. No one ever said it was legal or illegal. It was common practice."Continue... Spoofing Gold Price Was A 'Common Practice' at Bear Stearns, Ex-Trader Says added by Herman James on 07/19/2022View all posts by Herman James ?+'Read More
(IDEX Online) - Thieves who broke into an unattended Brink's security trailer in Southern California, USA, may have escaped with up to $150m in jewelry, gems, high-end watches, according to exhibitors.The vehicle was on its way from the International Gem and Jewelry Show in San Mateo, south of San Francisco, to an event at the Pasadena Convention Center, northeast of Los Angeles. Guards who h...Read More
(IDEX Online) - Four Canadian men have been charged at a court in Ohio, USA, with a pink diamond and jewelry investment fraud following an FBI probe.They are alleged to have cold-called potential investors in the US and Canada and persuaded them to make small investments in pink diamonds, which, they claimed, would increase in value. The defendants claimed to work for Paragon Int...Read More
Of Two Minds, Released on 7/18/22Waste is not growth, and neither are the unlimited expansion of debt and speculative bubbles.Continue... Charles Hugh Smith: The Real Policy Error Is Expanding Debt and Calling It "Growth" added by Herman James on 07/20/2022View all posts by Herman James ?+'Read More
Dear Outsider,You've heard me ramble on about the power of following legal insider trading.I've got to admit, I started to bore myself.That's because there was a severe lull in the broader markets and it kept raining on our parade.But as I've said many times, when the market drops, you need a strategy that gives you the upper hand.Main Street has been floundering...Investors aren't sure what moves...Read More
Right now, it's basically a case of the Fed versus the economy. You might say, "Wait a second. Isn't the Fed supposed to help the economy?"Well, not exactly. They may want to help the economy, but helping the economy actually isn’t job one. Job one is helping the banks. The Fed was essentially created to prop up the banking system and prevent bank runs.Everything else it tries to accomplish,...Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedAlicanto wows with maiden resourceSPONSOREDalicanto mineralsAs Nathan Richardson describes in this month's cover story, perhaps no mining jurisdiction in the world punches so far above...Read More
Jul 11, 2022 An intimate conversation between First Mining Gold's CEO, Dan Wilton, and Treasury Metals' CEO, Jeremy Wyeth.Read More
Retirement Lifestyle Advocates, Released on 7/17/22Historically, residential real estate has to be priced at such a level that the average person can buy the average house and raise an average family in it, on the wages that are available within that particular area. It's very local. An audience favorite, our guest this week on Retirement Lifestyle Advocates radio is Karl Denninger. Karl points ou...Read More
Wall Street Silver, Released on 7/17/22We discuss Doomberg's latest article about the Financial crisis, bailouts, crypto crash, and more.Doomberg is the anonymous publishing arm of a bespoke consulting firm providing advisory services to family offices and c-suite executives. Its principals apply their decades of experience across heavy industry, private equity and finance to deliver innovative th...Read More
Jim Lewis - Twitter, Released on 7/17/22Eat ze bugzThey are inserting crickets into your food in the small print. pic.twitter.com/oPCRyNsj0u- Jim Lewis ??'???'??'? (@Galactic_Trader) July 17, 2022 They are inserting crickets into your food in the small print added by Herman James on 07/17/2022View all posts by Herman James ?+'Read More
Mish Talk, Released on 7/17/22Local Government Funding Vehicles are offering very high interest rates to fund infrastructure. The interest rates are not sustainable.Read More
The Jerusalem Post, Released on 7/17/22"In a few days we were able to enrich uranium up to 60% and we can easily produce 90% enriched uranium. Iran has the technical means to produce a nuclear bomb but there has been no decision by Iran to build one," Kamal Kharrazi said.Continue... Iran says it's now 'capable of building nuclear bomb' added by Herman James on 07/17/2022View all posts by Herman Ja...Read More
RAPAPORT... Until December 2021, De Beers cited Covid-19 as the reason for repeated delays to its talks with Botswana over a new sales deal. The old agreement was supposed to expire at the end of 2020. De Beers and the government extended the existing arrangement for a year. With the pandemic's logistical challenges remaining, they deferred it again for another six months.The miner is no long...Read More
RAPAPORT... US retail sales saw soft growth in June as consumer prices climbed, especially for essential goods.Revenue rose 1% from the previous month, versus a 0.1% decrease in May, according to data the US Census Bureau released last week. June sales climbed 8% compared with a year earlier. Inflation is causing consumers to modify their spending behavior and prioritize essentials such as food, e...Read More
RAPAPORT...The lab-grown diamond industry has seen a boom in interest in the past two years, with many in the mainstream jewelry trade embracing the product in their sales offerings. Yet how does this recent acceptance impact the natural-diamond sector, and how will the two products coexist? These themes took center stage in the first of a series of webinars sponsored by the International Gemologi...Read More
RAPAPORT... A robust performance at Richemont's jewelry and watch brands boosted revenue in the first fiscal quarter amid a return to tourist spending as well as strong local demand in the US and Europe.Proceeds from the group's jewelry maisons - Cartier, Van Cleef & Arpels, and Buccellati - rose 20% year on year to EUR 3.02 billion ($3.04 billion) for the three months ending June 30, the comp...Read More