Teck Resources (TSX: TECK.A | TECK.B; NYSE: TECK) has once again raised its construction cost estimate for the Quebrada Blanca phase 2 (QB2) copper project in Chile by at least US$500 million.Canada's largest diversified miner now expects QB2 to cost between US$7.4 billion and US$7.75 billion, up from a July 2022 guidance of US$6.9 billion to US$7 billion, and an earlier estimate of US$4.7 billion...Read More
At the recent Indigenous Led Projects Forum in Toronto in late September - the first event of its kind - co-host Michael Fox shared some of the big changes that he's seen in Canada's Indigenous communities over his lifetime.The 54-year-old said it wasn't until the 1980s that an Indigenous family member owned a car - - - a symbol of success. Later, the high water mark was the first Indigenous perso...Read More
Osisko Mining (TSX: OSK) continues to explore at its Windfall gold project in the Abitibi greenstone belt, Eeyou Istchee James Bay, Que., between the towns of Abitibi and Chibougamau.Recently it mined a 4,809-tonne bulk sample from the 600 level of the Lynx deposit. The sample averaged 65.5 grams gold per tonne. The actual grade of the material processed was 169% higher than the block model predi...Read More
Liberty and Finance, Released on 10/28/22"There's a storm brewing here," market trader Gareth Soloway says. He is expecting an economic downturn along with inflation. The Fed cannot come to the rescue if inflation is high. Without promise of money printing, the stock market will continue lower, he forecasts. "You're going to see a prolonged bear market," he says, "I don't think we're going to make...Read More
Wall Street Silver - Twitter, Released on 10/28/22Canada to launch digital ID together with WEF... the initiative removes the need for physical passports and can also be used as a combined vaccine passport... and will fit well with the CBDC and social credit score...All for your safety and well-being of course.#WEF #KlausSchwab pic.twitter.com/HTesMKYdEZ- Wall Street Silver (@WallStreetSilv) Octob...Read More
Glenn Greenwald's Substack, Released on 10/28/22The rapid escalation of online censorship, and increasingly offline censorship, cannot be overstated. The silencing Continue... Glenn Greenwald: Meet The Consortium Imposing The Growing Censorship Regime added by Herman James on 10/29/2022View all posts by Herman James ?+'Read More
Nomi Prins, Released on 10/28/22For months, I've been saying the Fed will have to dial back its hawkish stance before the year is out.Continue... Nomi Prins: Why the Fed's Pivot Will Begin This Winter added by Herman James on 10/29/2022View all posts by Herman James ?+'Read More
ZeroHedge - Twitter, Released on 10/28/22Worst year for Treasuries since the US constitution was written pic.twitter.com/nbdbQQb7Td- zerohedge (@zerohedge) October 28, 2022 Worst Year For Treasuries Since The US Constitution Was Written... added by Herman James on 10/29/2022View all posts by Herman James ?+'Read More
Ponzi Finance - Twitter, Released on 10/28/22"The establishment of a central bank is 90% of communizing a nation."- Vladimir Lenin- Ponzi Finance (@BP_Rising) October 28, 2022 Vladimir Lenin: 'The establishment of a central bank is 90% of communizing a nation' added by Herman James on 10/30/2022View all posts by Herman James ?+'Read More
Finally, the pundits and government people get a positive GDP report they can get excited about. Q3 GDP grew at a 2.6% annualized rate, according to the Bureau of Economic Analysis (BEA).Happy days are here again, folks! And right before the midterm elections, no less.But in reality, the report is basically noise. As Mark Zandi, chief economist at Moody’s Analytics, says:If you take a step b...Read More
A few weeks ago Elon Musk took me - and really, all of us - by surprise when he tried to broker an end to the Russian invasion of Ukraine on Twitter.Because sensitive geopolitical matters are best solved by crowdsourcing on social media platforms, Musk tweeted:Now, there's a lot to unpack here, but one thing that really stood out to me was the parenthetical "(until Khrushchev's mistake)."That is...Read More
LONDON, 28 October 2022 - Regional German news-site inFranken.de today cites BullionVault data and analysis in a report for consumers considering gold investment."A survey by the online precious metals retailer in August showed that nearly 40% of respondents cited inflation as the reason for their actions," says the site, one of Germany's largest regional news outlets.Read the full story at inFr...Read More
(TheNewswire) TSXV:NRG ) (OTC :NRGOF ) ( Frankfurt:X6C) Newrange Gold Corp. (Read full newsRead More
Terra Balcanica's drill results demonstrate the potential of a high-grade silver-zinc-gold deposit.Terra Balcanica Resources Corp. (TERA:CSE) just announced additional drill results from its 90%-owned Viogor-Zanik project in Bosnia and Herzegovina. Drilling at the Cumavici prospect extended the deposit by 83 meters (83m) and resulted in assays as high as 1196.6 grams per tonne (g/t) silver equival...Read More
Compares the sizes of the largest global precious and base metals markets.Read More
A lot of politicians will claim it's about environmentalism...But really it's not.Don't get me wrong. I'm all for integrating cleaner electricity generation options into our grid, but the catalyst for the global transition away from fossil fuels has very little to do with the environment.And yes, it is actually happening. According to 2021 data analysis from Bloomberg, either wind or solar photov...Read More
Wall St. For Main St., Released on 10/27/22During this 40+ minute interview Jim Rickards talks about how the Fed will not pivot in his opinion until at least early 2023 and how a lot more rate hikes are coming in November and December 2022. This will most likely cause a stronger US Dollar and more damage to emerging markets and other large financial entities, like pension funds, who will probably...Read More
The Jay Martin Show, Released on 10/27/22Publisher of the Trends Journal Gerald Celente gives his overview of the political landscape in the United States and it's not pretty. Gerald argues that corporations now rule the country while ordinary citizens are nothing more than pawns on a chessboard for the global elite to use and discard as it suits them.00:00 Introduction01:12 What Made the US a Sup...Read More
Kitco News, Released on 10/27/22Steve Hanke, Professor of Applied Economics at Johns Hopkins University, updates the probability of a recession to above 90%, despite Thursday's preliminary Q3 GDP data release showing that real GDP grew by 2.6%, following two quarters of consecutive decline. 0:00 - Q3 GDP7:46 - Money supply12:00 - Quantitative easing20:00 - Fed pivot?27:00 - Inflation31:34 - Housin...Read More