Tavi Costa - Twitter, Released on 3/15/23Bond volatility just surged to the highest level since the global financial crisis. pic.twitter.com/1ZzaShgyPa- Otavio (Tavi) Costa (@TaviCosta) March 15, 2023 Tavi Costa is a partner and portfolio manager at Crescat Capital and has been with the firm since 2013. He built Crescat's macro model that identifies the current stage of the US economic cycle throu...Read More
CNBC, Released on 3/15/23"The equity market is realizing what the bond market has realized for the last few days," says @elerianm. "It's not just one or two institutions. What we saw is exposing something much bigger that we have to reprice to - including that banking is changing." pic.twitter.com/AeprGVXjLA- Squawk Box (@SquawkCNBC) March 15, 2023 Mohamed El-Erian is the President of Queens C...Read More
Armstrong Economics, Released on 3/15/23This is infringing on our Constitutional right to the freedom of speech to control the masses via media. Let us notContinue... Armstrong: Censoring Social Media to Prevent Bank Runs added by Herman James on 03/15/2023View all posts by Herman James ?+'Read More
City AM (via MSN), Released on 3/15/23"We don't know yet whether the consequences of easy money and regulatory changes will cascade throughout the U.S. regional banking sector (akin to the S&L Crisis) with more seizures and shutdowns coming," he added.Continue... Blackrock boss Larry Fink: SVB collapse may signal 'dominoes are starting to fall' added by Herman James on 03/15/2023View all posts by...Read More
Bloomberg (via MSN), Released on 3/15/23"I think it's intuitive: $100,000, a six-figure income - it feels like this big milestone, but it also feels very different depending Continue... In New York City, a $100,000 Salary Feels Like $36,000 added by Herman James on 03/15/2023View all posts by Herman James ?+'Read More
Dr. Eli David - Twitter, Released on 3/15/23Medieval alchemists and astrologists were more evidence-based than today's FDA...0% science, 100% cult._ pic.twitter.com/iPVEPnfDgQ- Dr. Eli David (@DrEliDavid) March 15, 2023 Medieval alchemists and astrologists were more evidence-based than today's FDA... added by Herman James on 03/15/2023View all posts by Herman James ?+'Read More
'Security of tenure' at centre of new Saudi mining codeSPONSOREDsaudi ministry of industry and mineral resourcesZenith Minerals 'leveraging pedigree in explorationSPONSOREDzenith minerals limitedIris Zone proves Catalyst theory on Bendigo Goldfield northern extensionSPONSOREDcatalyst metals ltdArizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Th...Read More
The announcement comes as 70% owner Newcrest is expected to sit down for face-to-face talks with Newmont, which made an unsolicited US$16.Read More
Snowline burst into the industry's consciousness in mid-2022 with some of the best open pitable bulk tonnage drill intercepts of the year at its Rogue target in Yukon, including 318.8m grading 2.Read More
The "Express" ground covers 73.5sq.km 12km southeast of Allkem's James Bay deposit and reportedly features outcropping pegmatites.Read More
Recent weeks have bought another flurry of activity from policymakers in support of critical materials, with initiatives announced, international deals signed, and legislation proposed, but the miningRead More
According to the China Association of Automobile Manufacturers, sales of new energy vehicles in China rebounded in February, rising by 29% month-on-month.Read More
(IDEX Online) - Ekati, Canada's first diamond mine, is to be sold to Burgundy Diamond Mines in the latest ownership twist. Current owner Arctic Canadian Diamond Company (ACDC) announced yesterday that it was selling the deposit, 200 km south of the Arctic Circle, for $136m.ACDC acquired the mine from Dominion Diamonds in February 2021 after it filed for insolvency, and had been planning...Read More
(IDEX Online) - Dubai's diamond trade with Israel increased by more than two-and-a-half times in 2022, up from $665.5m in 2021 to $1.75bn."These numbers highlight the blossoming and deepening relationship between the two countries and the diamond industry," said the Dubai Multi-Commodities Centre (DMCC), home to the Dubai Diamond Exchange.Israeli diamond companies have been operating in the c...Read More
(IDEX Online) - The New York-based GCAL (Gem Certification and Assurance Lab) grading lab says its 8X Cut Grades certificates - with the added attributes of brilliance, fire, scintillation, and optical symmetry analysis - can now be customized for clients.Their brand and logo can be added to the certificates, which were launched in 2021 to provide consumers with "a higher level of transparency" fo...Read More
(IDEX Online) - A regular visitor to the "sift your own diamond" park in Arkansas, USA, unearthed a a 3.29-carat brown gem, the biggest find there in 18 months.David Anderson is no stranger at the Crater of Diamonds State Park, near Murfreesboro, where day-trippers pay $10 to sift soil at the disused mine for gems, and get to keep whatever they find.He says he's found more than 400 diamonds o...Read More
(IDEX Online) - Owners of a family-run jewelry store watched in horror on a smartphone app as raiders emptied display cabinets of goods valued at $1.2m.The break-in at Queens Jewelers was the latest in a string of burglaries at WestGate Mall, in Spartanburg, South Carolina, USA.Four raiders escaped with Cartier and Rolex watches, 35 diamond necklaces, more than 50 diamond bracelets, and men's...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 75 points in pre-opening trade. Index futures turned lower in overnight trade on news of liquidity concerns at Credit Suisse. Credit Suisse dropped $0.41 to $1.81. Index futures moved slightly lower following release of a series of U.S. economic news at 8:30 AM EDT:February Producer Price Index was expected to increas...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 18 points in pre-opening trade. Index futures moved lower following release of the February inflation report at 8:30 AM EDT. February Consumer Price Index was expected to increase 0.4% versus a gain of 0.5% in January. Actual was an increase of 0.4%. On a year-over-year basis, February CPI was expected to increase 6.0%...Read More
"Give a man a gun and he will rob a bank," claimed fictional television character Tyrell Wellick, adding pithily:"Give a man a bank and he will rob everyone."The bank - the banking system - will shortly be robbing everyone. This it will do to make whole the moneyed depositors of Silicon Valley Bank, presently in receivership.The regulatory authorities insist the robbing is not a "bailout." That is...Read More