Stansberry Research, Released on 5/6/22Inflation today compared to the 1980s, "is a completely different animal this time around, and the situation is so beyond what the Fed can do now," says Peter Grandich, founder of Peter Grandich & Company. The enthusiasm over this week's Fed rate hike is misrepresented, he tells our Daniela Cambone, because Powell and the Fed, "will still be behind the curve,...Read More
Wall Street Silver, Released on 5/6/22David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him...Read More
Bloomberg, Released on 5/6/22Mohamed El-Erian, a Bloomberg Opinion contributor, calls the April U.S. employment report "generally strong" and says the market is seeing right through the Federal Reserve's attempt to "fool" the market. Part 1 (parts 2 & 3 below)Mohamed El-Erian, a Bloomberg Opinion contributor, says markets haven't priced in liquidity and credit risk and there is no safe haven in th...Read More
Harry S. Dent Jr., Released on 5/6/22Bond rates unexpectedly have fallen, indicating investor mistrust of the Fed and sense that inflation is substantial. Economist Harry Dent discusses the best way to play the coming market downturn. Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicat...Read More
Kinesis Money, Released on 5/6/22In this week's Live from the Vault, Andrew Maguire reveals a glaring LBMA price fix is wreaking havoc on the gold market, after a tidal wave of global physical demand. The precious metals expert speaks on Russia's action to strengthen the Ruble with physical backing and whether increasing demand will be the hair-trigger for a global gold price reset.00:00 Start01:4...Read More
Daily Mail, Released on 5/6/22Elon's $50,000 Texas ranch is laid bare for first time - complete with rocket-shaped kids' playhouse and Tesla solar panels - just a block from SpaceX Starbase and two miles from Mexican borderContinue... Elon Musk lives in $50,000 house in rural Texas... Check the photos... added by Herman James on 05/06/2022View all posts by Herman James ?+'Read More
Daily Mail, Released on 5/6/22'On the basis of these elements it has been recommended that the yacht be placed on the current European Union sanctions list and the Minister of Finance in Rome has agreed.'Continue... Italy Seizes Putin's $700 Million Yacht added by Herman James on 05/06/2022View all posts by Herman James ?+'Read More
Jim Lewis - Twitter, Released on 5/6/22"The Big Short 2" is going to be incredible. Don't you think? pic.twitter.com/LpRuYb2Nnl- Jim Lewis ??'???'??'? (@Galactic_Trader) May 6, 2022 "The Big Short 2" is going to be incredible added by Herman James on 05/06/2022View all posts by Herman James ?+'Read More
Citizen Free Press, Released on 5/6/22No more LSAT, the single best predictor for success in law school. More obliteration of distinctions w/goal of covering up real differences in talent/aptitude. Law school should be hard. Continue... American Bar Association recommends ending the LSAT to help minority applicants to law school added by Herman James on 05/06/2022View all posts by Herman James ?+'Read More
Kitco News, Released on 5/6/22A recession is set to occur by 2024, but there is a silver lining for precious metals and the U.S. dollar. That is according to Jeff Christian, managing partner at the CPM group. Christian spoke to David Lin, anchor and producer for Kitco News. Christian believes that a recession will likely occur by 2024, which will affect the silver market.0:00 - Silver8:00 - Inflat...Read More
A silver deficit?Nate Fisher via Arcadia EconomicsSilver supply and demand overview for 2022 (w/Nate Fisher)We hear a lot about a silver deficit, so we are glad to have Nate Fisher bring us his overview of silver supply and demand.To hear what he has to say, click to watch this video now!FULL SHOW NOTES AND LINKS HERERead More
Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsNet income was $6.47 million or $0.26 per share in the first three months of this year, up from $...Read More
The fall was mainly because of a 4% drop in gold equivalent ounces sold due to setbacks at Brazilian miner Vale's Salabo mine operation, Wheaton's largest royalty revenue stream.Read More
Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsVale would supply the nickel to Tesla's manufacturing facilities in the US. It did not give...Read More
The 9% drop in the copper price from US$4.84 a pound in early April to latest trades at $4.Read More
Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsThe Toronto-based S&P/TSX global mining index fell 4% to 113 on May 5 and 15% off its record...Read More
"With solid performance at Chelopech and Ada Tepe and a continued focus on cost management, we achieved an all-in sustaining cost of US$684 per ounce of gold sold, which is below the low end of our guidance range, and continued to generate significant free cash flow," Dundee's president and CEO David Rae said.Dundee's 2022 AISC guidance is $750-$890/oz. Chelopech is an underground gold-copper mine...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 2 points in pre-opening trade. Index futures recovered slightly following release of the U.S. Employment report at 8:30 AM EDT. Non-farm Payrolls were expected to increase 400,000 versus a gain of 431,000 in March. Actual was 428,000. Unemployment Rate was expected to remain unchanged from March at 3.6%. Actual was un...Read More
Rejoice, in-person events are suddenly back, with Mines and Money, Indaba, PDAC and, of course, the Venice Biennale crowding our calendars. I expect most of you have already made plans to attend the glittering jewel that sits atop the contemporary art calendar every two years. La Biennale di Venezia was founded in 1893 by the Venetian City Council to celebrate the silver anniversary of King Umb...Read More
Shares of Green Battery Minerals (TSXV: GEM) rose to their highest price since mid-January as the company reported its initial assay results from 12 diamond drill holes completed in Zone 6 of its Berkwood graphite project in Quebec. Highlights from the drilling included 29.5 metres grading 27.39% graphite sampled from 28 metres in drill hole BK6-21-01 and 8.2 metres grading 15.51% graphite samp...Read More