RAPAPORT... Revenue from the retail division of Warren Buffett's Berkshire Hathaway fell 2.3% year on year in the second quarter amid supply-chain disruptions.The segment - which includes jewelry chains Borsheims, Helzberg Diamonds and Ben Bridge Jeweler - saw sales decrease to $4.88 billion, the company reported Saturday. The drop was caused primarily by the segment's automobile category, which r...Read More
RAPAPORT... US jewelry sales rose in July, driven by strong demand and consumers' desire to spend on products that made them happy, according to Mastercard SpendingPulse.Revenue for the category jumped 19% year on year during the month, Mastercard reported last week. While price rises drove growth in many segments, the hike in jewelry "well outpaced sector-specific inflation," the company noted. J...Read More
(IDEX Online) - Namibia's diamond production increased by more than two thirds (67.2 per cent) following the launch of its latest diamond recovery vessel.Second quarter figures for the second quarter of 2022 were 565,000 carats, up from 338,000 in Q2 last year.Debmarine, a 50/50 joint venture between De Beers Group and the Government of Namibia, began operations in March with its new $420m ve...Read More
Wolfstreet, Released on 8/7/22Biggest investors in single-family houses: "We need to be patient and allow the market to reset."Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas a...Read More
Banned.video, Released on 8/7/22Alex Jones breaks down how the Democrats are desperate to pass their Inflation Corruption Act spending bill - without Republican support - that weaponizes the IRS against Middle America and introduces the Great Reset groundwork before they are ejected from power after the midterms.*video begins at 5:35Alex Jones: Dems Ram Through Massive Spending Bill Weaponizing IR...Read More
CBS News (via MSN), Released on 8/7/22"When we look at outdoor water use in Southern Nevada, landscaping far and away is the largest water user, and of that, it's grass," said Bronson Mack of the Las Vegas Water Authority. Continue... Due to climate change, Nevada is banning grass added by Herman James on 08/08/2022View all posts by Herman James ?+'Read More
(IDEX Online) - The IDEX Polished Price Index declined more markedly during July. It closed down by 2.05 per cent, compared with 1.18 per cent in June and 0.69 per cent in May. The rate of decline appears to be accelerating with each passing month. January and February, by comparison, showed sharp increases, up by 5.67 per cent and 4.14 per cent respectively.IDEX Online subscribers please cli...Read More
The Epoch Times (via Zero Hedge), Released on 8/7/22"Chinese investments in American farmland put our food security at risk and provide opportunities for Chinese espionage against our military bases and critical infrastructure. Instead of allowing Continue... Senators Introduce Bill To Stop Chinese Communist Party From Buying US Farmland added by Herman James on 08/11/2022View all posts by Herman...Read More
Quick Disclaimer: I'm not a financial advisor nor do I know you personally or your financial situation. I'm not responsible for any of ...Read More
Analyst Update This junior releases a preliminary economic assessment focusing on new copper-rich deposits on its massive KSM site in the Golden Triangle.An expansion of Seabridge Gold Inc.'s (SEA:TSX; SA:NYSE.MKT) massive KSM project in British Columbia's Golden Triangle would produce an estimated 14.3 billion pounds copper, 14.3 million ounces (14.3 Moz) gold, 68.2 Moz silver, and 13.8 million...Read More
MSNBC, Released on 8/6/22"We are not in a recession," says top economist @elerianm. Instead, he says the fed let inflation get out of control. "The more prices go up, the less people spend. The less people spend, the less companies invest. And you risk a recession." #Velshi pic.twitter.com/DUdVe4eeCq- Velshi on MSNBC (@VelshiMSNBC) August 6, 2022 Mohamed El-Erian is the Chief Economic Adviser of A...Read More
Summit News, Released on 8/6/22The Biden administration is reportedly about to send $1 billion more in US taxpayer funded aid to Ukraine, in what will be one of the largest packages so far, Reuters reports.Continue... US Prepares To Send $1 Billion In Latest Ukraine Weapons Package added by Herman James on 08/06/2022View all posts by Herman James ?+'Read More
Citizen Free Press - Twitter, Released on 8/6/22Bill Maher on obesity crisis:"We've gone from fat acceptance to fat celebration. To view letting yourself go as a point of pride? The term body positivity is used to mean 'I'm perfect the way I am because I'm me.' It's Orwellian." pic.twitter.com/SWWFX6sd9S- Citizen Free Press (@CitizenFreePres) August 6, 2022 Bill Maher on Ob...Read More
Doug Casey's Take, Released on 8/6/22 Join our email list to get Special reports and updates: https://dougcasey.substack.com/aboutConnect with us on Telegram: https://t.me/dougcaseyDoug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provide...Read More
Liberty and Finance, Released on 8/6/22Stocks tanked the first half of 2022, but now markets are rallying again. Volatility will continue to rise, says John Rubino, founder of DollarCollapse.com. But the bigger story is that the current system of fiat currency and debt is coming to an end. "We're close to the breaking point," he says. The realization that there is no painless fix to high inflation...Read More
Wall Street Silver, Released on 8/6/22Today, Gary Wagner joined us to discuss Gold & Silver price targets. We also discuss the U.S. dollar and how it hasn't been this strong against the euro in 20 years, the potential Fed pivoting soon & more.Gary Wagner has been a technical market analyst for 25 years. A frequent contributor to STOCKS & COMMODITIES Magazine, he has also written for Futures Magazi...Read More
YouTube/PeterSchiff, Released on 8/6/22 ? Jobs report evidences a weak, not strong, economy. ? Putin delivered price cuts, not price hikes. ? Going into debt is not a sign of prosperity. ? More people jobless than ever before. ? Gold market shows strength.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name...Read More
Max Blumenthal - Twitter, Released on 8/6/22This is the first time I've seen a CNN guest take one of the network's jingoistic halfwits to the woodshed on Ukraine and Taiwan so comprehensively in such a short amount of time. And it was @rogerwaters. pic.twitter.com/maN4DTdMhO- Max Blumenthal (@MaxBlumenthal) August 7, 2022This is the first time I've seen a CNN guest take one of the network's jingoi...Read More
Sal the Agorist - Twitter, Released on 8/6/22Source: https://twitter.com/SallyMayweather/status/155599524029254861FBI Releases Terrifying Image of Domestic Terrorists at Work added by Herman James on 08/07/2022View all posts by Herman James ?+'Read More
Armstrong Economics, Released on 8/6/22To my total shock, I know a family that fled Poland to flee from Russia and went to Canada. Continue... Armstrong: There was a time when we once could laugh at ourselves. Those days are gone. added by Herman James on 08/07/2022View all posts by Herman James ?+'Read More