U.S. equity index futures were lower this morning. S&P 500 futures were down 46 points in pre-opening trade. Zoom gained $4.21 to $93.54 after first quarter results beat consensus estimates. The company also offered positive second quarter guidance. Best Buy added $3.41 to $76.00 after reporting higher than consensus first quarter revenues. Snap plunged $6.96 to $15.51 after the company lowere...Read More

Shares of Filo Mining (TSX: FIL) reached an all-time high as the company reported its best hole yet in terms of copper-equivalent and intercept length, drilled at its Filo del Sol project, which straddles the Argentina-Chile border. Highlights from the latest drill results from its ongoing program included drill hole FSDH055C from the Breccia 41 zone, which cut 1,337.5 metres grading 0.66% coppe...Read More

Mining and commodities trader Glencore (LSE: GLEN) has settled probes into bribery and market manipulation in the U.K. and U.S. that have hung over the company for years.The company, which in February announced it had set aside US$1.5 billion cover the costs of settlements in the U.S., U.K. and Brazil, confirmed on Tuesday it would appear in court in the U.S. today in connection with "proposed re...Read More

The Dow Jones Industrial Average fell 961.52 points or 3.1% to 31,261.90 over the week, with the S&P 500 retreating by 106.65 points or 2.7% to 3,901.36. Shares of Gold Fields fell 1.2% to US$11.44. The company, which is already dealing with the effects of inflation and the relocation of endangered chinchillas at its Salares Norte gold project in Chile is now facing?EUR?potential sanctions?EUR?fr...Read More

The S&P/TSX Venture Composite Index eked out a gain of 5.44 points over the May 16-20 trading week to end at 702.09.Los Andes Copper saw the biggest share price gain over the session, rising $1.30 or 9.2% to end at $15.45. On May 16, the junior reported new assays from its Vizcachitas copper project in Chile, including 152 metres of 1% copper equivalent (0.94% copper, 122 parts per million molybde...Read More

Over the May 16-20 trading period, the S&P/TSX Composite Index fell 8.8 points to 20,197.61. The S&P/TSX Global Mining Index increased 3.64 points or 3.3% to 109.01 and the S&P/TSX Global Base Metals Index rose 6.71 points or 3.6% to 188.24. The S&P/TSX Global Gold Index rose 6.85 points or 2.3% to 301.40 and spot gold ended the week up 1.3%, or US$24.7 per oz. higher, at US$1,834.20 per ounce. S...Read More

This week's episode features geopolitical and natural resource commentator 'Paul' from the Sirius Report in conversation with host Adrian Pocobelli. Paul discusses global energy supplies and the vulnerability of European nations in the context of the Russia-Ukraine war, as well as precious metals, rare earths, and what will likely be an increasing competition for resources between the West and the...Read More

BSG Resources, the mining arm of Israeli tycoon Beny Steinmetz's empire, secured the rights to the vast Simandou iron ore project in Guinea through corrupt practices, and international tribunal has ruled.The World Bank's International Centre for the Settlement of Investment Disputes (ICSID) "forcefully" rejected the mining company's claims against Guinea for billions of euros for having been str...Read More

International Man, Released on 5/24/22It's basically a love fest for the international ruling class. They like to get together, hang out, and Continue... Doug Casey on What the Elites at Davos Are Really Up To added by Herman James on 05/25/2022View all posts by Herman James ?+'Read More

Wolf Street, Released on 5/24/22Stocks of homebuilders swoon amid worst inflation in construction costs, shortages, and spiking mortgage rates that take buyers out of the market.Continue... Wolf Richter: Housing Bubble Getting Ready to Pop added by Herman James on 05/25/2022View all posts by Herman James ?+'Read More

David Rosenberg - Twitter, Released on 5/24/22The big news today was the 9 months' supply of unsold new housing inventories in April, nearly doubling in the past year and classifying as a 2 SD event. Inventory excess is now at a level that in the past was consistent with a recession followed by a huge home price correction.- David Rosenberg (@EconguyRosie) May 24, 2022 David Rosenberg is the chief...Read More

Market Sanity - Twitter, Released on 5/24/22pic.twitter.com/03BvIaiDRV- Market Sanity (@MarketSanity) May 25, 2022 If you think stocks are guaranteed to make all-time highs again because they always have in the past, think again added by Herman James on 05/25/2022View all posts by Herman James ?+'Read More

Claudio Grass, Released on 5/24/22Pouring gasoline on a fire is almost always a bad idea. We are going back to a gold standard for the same reason we have used gold for 2500 yearsContinue... Bob Moriarty: 'Gold is an insurance policy against the stupidity of governments' added by Herman James on 05/25/2022View all posts by Herman James ?+'Read More

Signs are pointing to gold’s May rallyrunning out of steam as the USDX reaches its short-term bottom. But how muchstamina is left in the yellow metal?Another day, another higher close in thejunior miners. And another day where profits on our long positions in thelatter increased. There is a sign that the rally in the precious metals sectoris close to being over.That sign is the situation in...Read More

The company just reported an intercept of 1,337.5m grading 1.33% copper equivalent in which the drill bottomed out at about 1,500m depth in good mineralisation."The big takeaway for me from this particular hole was how strong the mineralisation remained right to the bottom of the hole," said Beck. "We drilled this to almost to 1.5km deep and the last 20m of this hole were still in 0.93% copper equ...Read More

Defense News, Released on 5/24/22Polish Defense Minister Mariusz B?,aszczak has announced his country is launching the second phase of itsContinue... Poland requests six additional Patriot batteries from the United States added by Herman James on 05/26/2022View all posts by Herman James ?+'Read More

Daily Reckoning, Released on 5/24/22It's a shame that the Biden administration would place ideology over the well-being of the American people, but that appears to be the case right now. Today I'll explain why.Continue... Rickards: The day of reckoning has arrived added by Herman James on 05/26/2022View all posts by Herman James ?+'Read More

Israel National News, Released on 5/24/22Research suggests that vaccination against COVID via mRNA vaccines may reduce body's ability to produce key type of antibody.Continue... STUDY: Covid vaccines may impair long-term immunity to the virus added by Herman James on 05/26/2022View all posts by Herman James ?+'Read More

Off-Guardian, Released on 5/24/22Afew days ago the UK's National Health Service (NHS) edited their Monkeypox page to alter the narrative in a few key ways.Firstly, they removed a paragraph from the "How do you get Monkeypox?" section.Continue... The NHS Just Edited Their Monkeypox Page... To Make It Scarier added by Herman James on 05/26/2022View all posts by Herman James ?+'Read More

It's a shame that the Biden administration would place ideology over the well-being of the American people, but that appears to be the case right now. Today I'll explain why.No one needs to be told about the impact of higher prices for food, gasoline and other essentials. The price hikes are everywhere; there's really no way to avoid them. This is not limited to luxury goods or resorts. The price...Read More