That would be in the event of votes going against the passing of the constitution, which is the likely outcome according to recent polling that saw 45.Read More
RAPAPORT...US polished-diamond imports rose 55% year on year to $2.2billion in June, capping off a strong first half of 2022, according to recent datafrom the country's Department of Commerce. Imports for the six months gained38% year on year.US Trade Data for June 2022 Read More
RAPAPORT... Heritage Auctions has unveiled a 1.21-carat, fancy-orangey-red diamond that will go under the hammer at its Fall Fine Jewelry Signature auction on September 29. "This gem is one of only a few diamonds to display enough saturation and intensity to be graded as a true red," said Jill Burgum, Heritage Auctions' executive director of fine jewelry. "Adding to the allure, the cause of a red...Read More
(IDEX Online) - An Indian jeweler has received national recognition after landing a Guinness World Record for a ring made with 24,679 natural diamonds.The Touch of Ami (pictured) took 90 days to make at SWA Diamonds, in Malappuram Inkel Educity, Kerala.The company has now received a Makers of India award for taking the title Most Diamonds Set in One Ring.Renani Jewels, based in Meerut, India, prev...Read More
(IDEX Online) - Diamond billionaire Beny Steinmetz today (Monday) launches an appeal after he was convicted of bribing officials in Guinea for valuable iron ore mining rights.He was sentenced to a five-year jail term and ordered to pay a $52m fine by a judge in Switzerland in January 2021.The court heard that Steinmetz, 66, a French and Israeli citizen, and others, paid $8.5m in a series of bribes...Read More
(IDEX Online) - A jewelry collection owned by US heiress and philanthropist Mary Anne Sammons Cree is expected to raise over $1.5m for charity.Highlight of the 125-lot auction is a 17.6-carat yellow diamond ring (pictured), with an estimate of $300,000 to $400,000. Cree, who died last July aged 91, was the daughter of the late billionaire Charles Sammons, from Dallas, Texas.In 1938 he founded...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 32 points in pre-opening trade.Dollar Tree dropped $1.36 to $137.34 after Deutsche Bank lowered its target price from $185 to $163.Toll Brothers fell $0.62 to $45.65 after Raymond James reduced its target price from $75 to $56.Dow Inc. fell $1.31 to $53.15 after KeyBanc Capital downgraded the stock from Sector Perform...Read More
Financial Survival Network, Released on 8/29/22Powell's Friday speech: Tightening will continue longer than the markets expected. Stocks tank.Housing is rolling over big time.Europe's energy crisis is shutting down big parts of its economy.Austria's largest energy supplier, is insolvent - requires 1.7 billion euros to remain liquid, according to local media.The raid on Trump's house was either bri...Read More
The Daily Gold, Released on 8/29/22The stock market continues to follow the template of 6 cyclical bear markets within 3 secular bears. The market recently failed at the 200-day moving average. That was the second major sell signal for past bear markets. The bulls are hoping the market follows a similar pattern to 1962. Then the market rallied after a 28% drop but then quickly retested the bottom,...Read More
Wall Street Silver, Released on 8/29/22Doomberg returns to the show to discuss the latest news on Energy, the Paper oil market, and the Gold & Silver market.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 d...Read More
CNN, Released on 8/29/22"Governments collect information for many reasons. But, all too often, data collected by the state is misused Continue... Wireless carriers keep your location data for years and provide it to the police added by Herman James on 08/30/2022View all posts by Herman James ?+'Read More
CNBC, Released on 8/29/22Former Morgan Stanley Asia Chair, Stephen Roach on the odds of the U.S. falling into a recession. Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the author, most recently, of Unbalanced: The Codepende...Read More
Mish Talk, Released on 8/29/22After actively promoting bubbles in housing and the stock market for years, the Fed is now rooting for a price crash.Continue... Mish Shedlock: The Fed is Openly Cheering For A Stock Market Plunge added by Herman James on 08/30/2022View all posts by Herman James ?+'Read More
Kitco, Released on 8/29/22"We have implemented the mechanism of mutual settlements in rubles and rupees, and there Continue... BRICS president: Russia and India have no need for the U.S. dollar added by Herman James on 08/30/2022View all posts by Herman James ?+'Read More
Money Metals, Released on 8/29/22Commercial traders tend to position themselves correctly ahead of the next trend - and right Continue... Large Commercial Traders Are Positioned for Higher Silver Prices added by Herman James on 08/30/2022View all posts by Herman James ?+'Read More
The company said lower grade at its Chuquicamata underground mine caused by geomechanical and material handling problems, and lower plant availability also contributed to the decline.Read More
The Ukrainian money-laundering racket continues. Last week Joe Biden pledged another $3 billion in aid to Ukraine. The aid includes weapon systems that will allow Ukraine to defend itself over the "long term."Just how long is the long term? How long does the administration plan on watching Ukraine be destroyed simply because they want to weaken Russia?By now, it's a familiar script. Ukraine says,...Read More
Japan's Honda Motor and South Korean battery maker LG Energy Solution plan to invest US$4.4 billion to build a new battery production plant for electric vehicles in the U.S.The news comes on the heels of a string of recent announcements that aim at cutting China out of supply chains for EVs.It also marks the latest plans by automakers to invest in U.S. production of battery cells for EVs, as the i...Read More
Three diamond drills are turning at Collective Mining's (TSXV: CNL; US-OTC: CNLMF) newly discovered copper-gold-silver Apollo target in west-central Colombia.Apollo is one of eight porphyry-related targets the company has found within a 3-km by 4-km cluster, and is part of the Guayabales project, where it has an option to earn 100% interest.The new results are from two diamond drill holes - APC-3...Read More
The S&P/TSX Venture Composite Index drifted slightly lower over the Aug. 8-12 trading session by 0.6% or 3.99 points to end the week at 645.92. Shares in lithium developer Sigma Lithium rose $5.98 or 23.4% during the session to end at $31.53 apiece. Sigma continues with construction of its Grota do Cirilo spodumene project in Brazil's Minas Gerais state, with commissioning of the first-phase pla...Read More