Adventus Mining (TSXV: ADZN) has finalized a US$55-million offtake financing agreement with Trafigura for the construction of its 75%-owned El Domo-Curipamba copper-gold project in Ecuador. Of the total US$248-million estimated project capex, Adventus has now locked down US$235.5 million. The development is a joint venture with Salazar Resources (TSXV: SRL). The total US$235.5-million financing...Read More
BeMetals (TSXV: BMET; OTC: BMTLF), which made its name in the gold sector by acquiring a portfolio of exploration projects in Japan, has announced a US$5-million loan from strategic investor B2Gold (TSX: BTO). The loan, which bears interest at 4.7% per annum and matures on Aug. 4, 2025, will be used for working capital."Given the current conditions in equity markets for the mining sector, we are p...Read More
Canada's Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) flagged after markets closed on Thursday a US$200-million cost increase for the ongoing expansion of the massive Oyu Tolgoi copper-gold mine in Mongolia.The Montreal-based company currently estimates its base case incremental funding requirement at US$3.6 billion, up from the US$3.4 billion forecast by the end March.Turquoise Hill said the up...Read More
Anglo American (LSE: AAL) is planning to appeal a Chilean environmental commission's rejection of its $40-million operational continuity project for El Soldado copper mine, 125 km north of the capital Santiago.Despite having the backing of the country's top environmental evaluation authority, which recommended the project's approval, local regulator Coeva scratched last month El Soldado Phase V pr...Read More
Bloomberg, Released on 8/5/22Mohamed El-Erian, University of Cambridge Queens' College president and Bloomberg Opinion columnist, reacts to the July U.S. jobs report and says the strong data is "bad news for the Fed's credibility." Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a...Read More
TradersChoice.net, Released on 8/5/22Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corp...Read More
The LaRouche Organization, Released on 8/5/22As part of the anti-human policies of the Green New Deal and the Great Reset, the war being waged by the U.S.-U.K.-NATO in Ukraine is designed to prevent the emergence of an alliance of sovereign states committed to mutually-beneficial cooperation for development. How can the creation of a New Bretton Woods system reverse the drive for reduction of the...Read More
SF Live, Released on 8/5/22In this episode of SF Live, we are speaking with Tavi Costa, Partner & Portfolio Manager at Crescat Capital. We discuss how the current prices of gold & silver, as well as the mining companies, are a gift. What will the FED do next? What impact does the Oil price have? Tavi Costa is a partner and portfolio manager at Crescat Capital and has been with the firm since 2013....Read More
Fox News, Released on 8/5/22Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York...Read More
Market Watch, Released on 8/5/22"With Ring, Alexa and now Roomba, Amazon tracks everything that happens inside your house (even who visits you). This is all about getting data on YOU. Google Nest too. Homes were your last data Continue... Amazon purchase of Roomba sparks privacy fears: 'Homes last data sanctuary' added by Herman James on 08/06/2022View all posts by Herman James ?+'Read More
Yahoo News, Released on 8/5/22"We ask that you send a very simple message," Ball said Friday. "And that is, stop Alex Jones. Stop the monetization of misinformation and lies. Please."That man will sit here and spew his lies and misinformation as long as he keeps getting a check," he added. "He's not going to stop. They won't stop unless you stop them."Continue... UPDATE: Alex Jones ordered to pay...Read More
Of Two Minds (via Dollar Collapse), Released on 8/5/22Now that globalization and financialization are finally unraveling, people are slowly awakening to the national security foundations of localizing production.Continue... Charles Hugh Smith: Focus on What You Control - What You Grow, Eat and Own added by Herman James on 08/06/2022View all posts by Herman James ?+'Read More
Peter Schiff - Twitter, Released on 8/5/22The price of #oil is now lower than it was just before #Putin invaded the #Ukraine. So how can #inflation be the result of Putin's price hikes, if oil prices are down? Is the #CPI about to crash to pre-invasion levels? Will the #Fed have to save us from this horrible deflation?- Peter Schiff (@PeterSchiff) August 5, 2022 Peter Schiff is an internationa...Read More
Mish Talk, Released on 8/5/22The economy added a much higher than expected 528,000. This follows a much higher than expected 372,000 jobs in June. But the discrepancy between jobs and employment is amazing.Continue... Mish Shedlock: I'm Calling BS on the Second Straight Amazing Jobs Report added by Herman James on 08/06/2022View all posts by Herman James ?+'Read More
Whip Realer - Twitter, Released on 8/5/22Facts sometimes hurt feelings and narratives. pic.twitter.com/IxrGSQ4mqy- Whip Realer (@WhipRealer) August 4, 2022 Show this to your pro gun control friends... added by Herman James on 08/06/2022View all posts by Herman James ?+'Read More
Robby Starbuck - Twitter, Released on 8/5/22The so called #InflationReductionAct will add 87,000 IRS agents. More than we have ALREADY. This is what Democrats want to prioritize, hiring more agents to go after working class people to extract every last dime so they can fund their ridiculous wars and globalist priorities. https://t.co/SjBnpnw4pl- Robby Starbuck (@robbystarbuck) August 5, 2022 The s...Read More
As investors wake up to widespread spoofing and join the mass exodus to fairer alternatives...by Natalie Laz via KinesisIn this week's Live from the Vault, Andrew Maguire is joined once again by Craig Hemke, founder of the TF Metals Report, to discuss the Fed's refusal to accept the US is slipping into a recession.The two industry allies contemplate the approaching end of the COMEX's confidence sc...Read More
Liberty and Finance, Released on 8/5/22The current rally in the stock market could continue, or it could reverse suddenly, says Chris Vermeulen of The Technical Traders. Extreme caution is necessary. "This market could roll over very quickly," he says. Within days, investors could lose all their recent gains. A further downturn in stocks could put pressure on precious metals and miners, he says.0:...Read More
Gold Money (via Dollar Collapse), Released on 8/5/22Gold and silver consolidated their new uptrends, with gold moving ahead while silver moved sideways.Continue... Alasdair Macleod: Has a gold bottom been found? added by Herman James on 08/07/2022View all posts by Herman James ?+'Read More
The US economy fell into a technical recession. As a safe-haven asset, will gold soar now?What Is Recession, Anyway?Ladies and gentlemen, please welcome the technical recession! According to the initial measure of the Bureau of Economic Analysis, real GDP dropped 0.9% in the second quarter, following a 1.6% decline in the first quarter (annualized quarterly rates). As the chart below shows, on a q...Read More