(IDEX Online) - A diamond tycoon from Lesotho scored a surprise victory in the nation's polls last week.Sam Matekane, the richest man in the poverty-stricken African mountain kingdom, came closer than anyone expected to an overall majority and is expected to form a coalition government.He founded the pro-business Revolution for Prosperity (RFP) party, just seven months before the elections, w...Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedCerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDRio Tinto and the Canadian government have announced investments of up to C$737 million (US$537 million) over the...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points in pre-opening trade. Index futures moved lower following release of the September Producer Price Index at 8:30 AM EDT. Consensus was an increase of 0.2% versus a drop of 0.1% in August. Actual was an increase of 0.4%. On a year-over-year basis, consensus was an increase of 8.4% versus a gain of 8.7% in August...Read More
Silver Bullion TV, Released on 10/12/22SBTV spoke with Dr. Marc Faber, publisher of the Gloom, Boom, and Doom Report, about the risks people, are exposing themselves to when they overlook buying gold by only seeking investments with the biggest gains. "Everybody needs to hold some gold!", says Dr. Marc Faber.00:00 Introduction03:12 ECB's theft through negative interest rates05:19 The government ma...Read More
Howe Street, Released on 10/12/22Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she wa...Read More
Caitlin Johnstone, Released on 10/12/22Russian Foreign Minister Sergei Lavrov said on Tuesday that Moscow was open to talks with the the US or Continue... US Rejection Of Moscow's Offer For Peace Talks Is Utterly Inexcusable added by Herman James on 10/13/2022View all posts by Herman James ?+'Read More
Citizen Free Press, Released on 10/12/22Former Democratic donor Steve Kirsch joins Emerald Robinson to discuss the adverse reactions people are having to the experimental Covid vaccine.Continue... Steve Kirsch sounds the alarm on mRNA Vaccines... added by Herman James on 10/13/2022View all posts by Herman James ?+'Read More
We finally may be seeing the first stages of the destruction of the digital derivative and fractional pricing scheme... by Craig Hemke via Sprott Money NewsAn interesting dichotomy has developed in the "silver market". What does it mean? Does it mean anything at all? We'll know soon enough, I guess.What an interesting year this has been, and the last six months have been positively brutal. While...Read More
Many analysts say gold is volatile. But they should say that the gold market is volatile. That's because most of it is paper gold, with only a small amount of physical gold to support it.Think of the gold market as an inverted pyramid, with a small amount of gold at the bottom, holding up a huge amount of paper gold. The paper market could be 100 times the size of the physical market.That means th...Read More
The Meb Faber Show, Released on 10/12/22In today's episode, Jim gives us his take on the global markets today. We touch on inflation, commodities, central banks, and why he believes the next recession will be the worst in his lifetime. Jim also shares what countries he's bullish on, and some of the names may make you a little queasy. Jim Rogers co-founded the Quantum Fund with George Soros in 1973...Read More
Daily Reckoning, Released on 10/12/22The paper market is highly vulnerable to price manipulation, and there's been goldContinue... Rickards: The Paper Gold Price Is Rigged! added by Herman James on 10/14/2022View all posts by Herman James ?+'Read More
Schiff Gold, Released on 10/12/22Under the proposed law, the US Treasury and the Federal Reserve would have 30 months to publicly disclose all gold holdingsContinue... Bill Introduced in Congress to Put the US Back on a Gold Standard added by Herman James on 10/14/2022View all posts by Herman James ?+'Read More
Fresh inflation data is to be releasedtomorrow. While it may trigger daily fluctuations, the precious metals’medium-term fundamentals remain bearish.Stuck in ReverseWhile risk assetsattempted a daily rally on Oct. 11, Bank of England (BOE) Governor AndrewBailey spoiled the party with his hawkish warning to U.K. pension funds. Afterrestarting QE to curb the rapid rise in U.K. interest rates,...Read More
The latest reports from S&P Global Commodity Insights confirm an overall downward trend, with the market intelligence firm's Pipeline Activity Index (PAI) falling to a 20-month low in August.In its State of the Market Q2 report, S&P said the downtrend has been roughly correlated with a steady downtrend in mining equities since March."We anticipate exploration activity levels to continue cooling in...Read More
Collective Mining (TSXV: CNL; US-OTC: CNLMF) shares rose almost 10% Wednesday as the company announced the "most cumulative mineralization in drill holes completed to date" in the high-grade, copper-gold-silver porphyry-related Main Breccia discovery at its Guayabales project in Colombia.Guayabales is located in the historic Colombian gold mining department of Caldas, about 300 km inland from Barr...Read More
Thesis Gold (TSXV: TAU; OTC: THSGF) says the first metallurgical tests on samples from its Ranch project in north-central British Columbia's Golden Horseshoe have a gold recovery rate of between 90% and 98%. The company believes the property could produce high-grade gold concentrates using low-cost conventional extraction methods.The tests were carried out on composite core samples from the Bonanz...Read More
Uranium Energy (NYSE: UEC) has agreed to purchase 100% of the Roughrider project for $150 million from Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO). Rio will receive $80 million in cash and $70 million in Uranium Energy stock.The Roughrider uranium project is located 13 km west of the McClean Lake uranium mill, about 750 km north of Saskatoon, Sask. It has a historic resource of 58 million lb. uraniu...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is investing up to $515 million over the next eight years to decarbonize its Fer et Titane (RTFT) operations in Sorel-Tracy, Que. and to help diversify its critical minerals portfolio, while the federal government will contribute up to $222 million to the initiatives.The partnership, worth up to $737 million will support innovations to reduce by up to 70%...Read More
Gatos Silver (NYSE, TSX: GATO) is coming off its best ever quarter of production, with the 70%-owned Cerro Los Gatos mine in Mexico producing a record 2.7 million oz. of silver for the three months ended September 30, a 59% increase over the third quarter of 2021.Zinc production of 17.8 million lb. and lead production of 12.2 million lb. were also record highs, up 32% and 13% respectively from th...Read More
The Felder Report (via Dollar Collapse), Released on 10/12/22Even after their correction over the past few months, commodities have been one of the best-performing asset Continue... Jesse Felder: A Generational Opportunity In Commodities added by Herman James on 10/15/2022View all posts by Herman James ?+'Read More