Over the June 27 to July 1 trading period, markets continued their downward trend, with the S&P/TSX Composite Index falling 201.55 points or 1.06% to 18,861.36; the S&P/TSX Global Mining Index dropping 4.4 points or 4.6% to 95.06; and the S&P/TSX Global Base Metals Index retreating 6.65 points or 4.3% to 153.14. The S&P/TSX Global Gold Index fell 18.54 points or 7.07% to 262.16 and spot gold ended...Read More
Over the June 27 to July 1 trading week, the S&P/TSX Venture Composite Index fell 35.1 points or 5.38%, to end at 617.26.Among the top gainers in terms of value for the period was Angus Gold, which gained 25 ? per share or nearly 24% to $1.01. During the week, Angus closed a non-brokered private placement of five million flow-through shares at $1.15 for a total of $5.8 million. Delbrook Capital Ad...Read More
Rock Tech Lithium (TSXV: RCK; OTC: RCKTF) has released new assay results from ongoing drilling at its 100%-owned Georgia Lake lithium project in Ontario. Located between Nipigon and Beardmore, the Georgia Lake property comprises 1,042 hectares of mineral leases and 56.9 sq. km of mineral claims within the Thunder Bay mining district.Rock Tech began the drill program in 2021 in support of an ongoin...Read More
Boris Johnson's government seems set to approve the first new underground coal mine in the U.K. for 36 years. Such an outcome (a decision is due by July 7) will be heavily criticized by environmental groups, but would be a welcome fillip for the British mining industry after 100 years of declining coal production.Coal mining has always attracted mixed emotions. The imminent planning decision on Wo...Read More
The British government announced on Monday the creation of a centre to gather data and analyze information on the supply of critical minerals such as cobalt, lithium and graphite key for electric vehicle (EV) batteries and wind turbines.The Critical Minerals Intelligence Centre (CMIC), to be run by the British Geological Survey, will use the data to help to find ways to source minerals needed for...Read More
George Gammon, Released on 7/4/22Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, a...Read More
Liberty and Finance, Released on 7/4/22Metals analyst David Smith sees super-spikes in critical metals. But silver could outperform them all, he says, and notes the recent decline in price below $20 does not change anything. He suggests having an investing strategy and to stick with it. Do not react to the noise, he says, and stick to your own convictions.0:00 Intro1:18 Sub-$20 silver3:49 Strategy...Read More
Study Finds, Released on 7/4/22Survey reveals that 2 in 3 young adults don't know who America declared its independence from in 1776!Continue... SURVEY: 2 In 3 Young Adults Have No Idea Who USA Declared Independence From added by Herman James on 07/05/2022View all posts by Herman James ?+'Read More
hey guys!! Sign up for the Silver Chartist Free Gold & Silver Investing Newsletter ??? https://lddy.no/132py In this video, Steve ...Read More
The upcoming stagflation might be lesssevere than in the 1970s. So is the Fed’s reaction, which could mean good newsfor gold.There are many terrifying statements you can hear from another person. One example is: “Honey, we need to talk!” Another is: “I’m from the government and I’m here to help.” However, the scariest English word, especially nowadays, is...Read More
Hope is not an investing strategy...by Gary Tanashian from Notes From The Rabbit HoleThese daily charts are flipped over to a view that is 'anti' their normal selvesI have often referred to the improbably bullish (to many; NFTRH has tracked and respected the bullish dollar for a year now) US dollar as an anti-market, the liquidity collector from the global liquidity-driven and speculative mess c...Read More
With the US dollar's reserve currency status under threat...Latifa Alkhanjary via KinesisIn this week's Live from the Vault, Andrew Maguire offers a long-term outlook on the implementation of the BRICS currency basket, with the US dollar's reserve currency status under threat.The precious metals expert speaks on the forthcoming unwinding of the derivatives market and forecasts a large-scale revalu...Read More
RAPAPORT... The number of crimes against US jewelers exceeded pre-coronavirus levels last year - but the value of losses fell, according to the annual Jewelers' Security Alliance (JSA) report on the subject.The tally rose 17% to 1,687 events in 2021 compared with 1,438 in 2019, the JSA said last week. The total dropped 1.8% versus 2020, when 1,718 crimes occurred. Dollar losses declined 31% t...Read More
RAPAPORT... Rough prices jumped at Petra Diamonds' sixth tender of the year as demand increased.The June sale realized $93 million, up 8% from $86.1 million in May, the miner reported last week. Like-for-like prices rose 8%. The average price climbed 21% month on month to $163 per carat, according to Rapaport calculations. The growth came even as Petra did not sell any special stones during the Ju...Read More
RAPAPORT... Hong Kong's hard-luxury sales saw an upturn in May amid an improved health situation, even as total retail revenue dipped slightly.Sales of jewelry, watches, clocks and valuable gifts climbed 7% year on year to HKD 3.33 billion ($424.4 million) for the month, the municipality's Census and Statistics Department reported last week. The increase builds on April's growth following three mo...Read More
(IDEX Online) - This is the dramatic moment when raiders armed with a sledgehammer smashed display cases at an international art fair in the Netherlands and fled with diamond jewelry.One shocked visitor at The European Fine Art Foundation (TEFAF) in Maastricht tried to grab a large vase of flowers to fend off the gang, but retreated when he was threatened with what appears to be a gun.Four gang me...Read More
(IDEX Online) - The growth in US sales of jewelry and watches levelled off again in May, back to March levels after something of a spike in April. The year-on-year increase for May was 10.5 per cent, almost on a par with the newly-adjusted figure of 10.3 per cent for March. April was 16.2 per cent. These figures are still healthy compared with 2019, for example, when there was negative y-o-y growt...Read More
Liberty and Finance, Released on 7/3/22According to Atlanta Fed's GDP data, a recession has likely started. The stock market has had the worst first half of the year in half a century. "You want to prepare for the world becoming more and more unpredictable," says John Rubino, founder of DollarCollapse.com. He expects inflation to change to deflationary pressures in many sectors. "Resilience and se...Read More
YouTube/PeterSchiff, Released on 7/3/22 ? Atlanta Fed blindsided with negative GDO numbers. ? Labor force participation rate near its lows. ? Biden's approval rating reaches new low. ? Gold investments will pay off big.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strateg...Read More
Zero Hedge, Released on 7/3/22Applicants for concealed carry permits must also undergo 16 hours of firearm training, provide four character references, and list the contact information for domestic partners or adults who reside in the same house.Continue... NY Governor To Require 3 Years Of Social Media History To Obtain Concealed Carry Permit added by Herman James on 07/04/2022View all posts by H...Read More