Of Two Minds, Released on 7/18/22Waste is not growth, and neither are the unlimited expansion of debt and speculative bubbles.Continue... Charles Hugh Smith: The Real Policy Error Is Expanding Debt and Calling It "Growth" added by Herman James on 07/20/2022View all posts by Herman James ?+'Read More
Dear Outsider,You've heard me ramble on about the power of following legal insider trading.I've got to admit, I started to bore myself.That's because there was a severe lull in the broader markets and it kept raining on our parade.But as I've said many times, when the market drops, you need a strategy that gives you the upper hand.Main Street has been floundering...Investors aren't sure what moves...Read More
Right now, it's basically a case of the Fed versus the economy. You might say, "Wait a second. Isn't the Fed supposed to help the economy?"Well, not exactly. They may want to help the economy, but helping the economy actually isn’t job one. Job one is helping the banks. The Fed was essentially created to prop up the banking system and prevent bank runs.Everything else it tries to accomplish,...Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedAlicanto wows with maiden resourceSPONSOREDalicanto mineralsAs Nathan Richardson describes in this month's cover story, perhaps no mining jurisdiction in the world punches so far above...Read More
Jul 11, 2022 An intimate conversation between First Mining Gold's CEO, Dan Wilton, and Treasury Metals' CEO, Jeremy Wyeth.Read More
StrikePoint Gold Inc. is "laser-focused" on its Porter Idaho and Willoughby properties in British Columbia's Golden Triangle.StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) is "laser-focused" on its summer exploration campaign at its two flagship 100%-owned Golden Triangle projects in British Columbia.Chief Executive Officer and Director Shawn Khunkhun said the company is not laying low during the...Read More
Retirement Lifestyle Advocates, Released on 7/17/22Historically, residential real estate has to be priced at such a level that the average person can buy the average house and raise an average family in it, on the wages that are available within that particular area. It's very local. An audience favorite, our guest this week on Retirement Lifestyle Advocates radio is Karl Denninger. Karl points ou...Read More
Wall Street Silver, Released on 7/17/22We discuss Doomberg's latest article about the Financial crisis, bailouts, crypto crash, and more.Doomberg is the anonymous publishing arm of a bespoke consulting firm providing advisory services to family offices and c-suite executives. Its principals apply their decades of experience across heavy industry, private equity and finance to deliver innovative th...Read More
Jim Lewis - Twitter, Released on 7/17/22Eat ze bugzThey are inserting crickets into your food in the small print. pic.twitter.com/oPCRyNsj0u- Jim Lewis ??'???'??'? (@Galactic_Trader) July 17, 2022 They are inserting crickets into your food in the small print added by Herman James on 07/17/2022View all posts by Herman James ?+'Read More
Mish Talk, Released on 7/17/22Local Government Funding Vehicles are offering very high interest rates to fund infrastructure. The interest rates are not sustainable.Read More
The Jerusalem Post, Released on 7/17/22"In a few days we were able to enrich uranium up to 60% and we can easily produce 90% enriched uranium. Iran has the technical means to produce a nuclear bomb but there has been no decision by Iran to build one," Kamal Kharrazi said.Continue... Iran says it's now 'capable of building nuclear bomb' added by Herman James on 07/17/2022View all posts by Herman Ja...Read More
RAPAPORT... Until December 2021, De Beers cited Covid-19 as the reason for repeated delays to its talks with Botswana over a new sales deal. The old agreement was supposed to expire at the end of 2020. De Beers and the government extended the existing arrangement for a year. With the pandemic's logistical challenges remaining, they deferred it again for another six months.The miner is no long...Read More
RAPAPORT... US retail sales saw soft growth in June as consumer prices climbed, especially for essential goods.Revenue rose 1% from the previous month, versus a 0.1% decrease in May, according to data the US Census Bureau released last week. June sales climbed 8% compared with a year earlier. Inflation is causing consumers to modify their spending behavior and prioritize essentials such as food, e...Read More
RAPAPORT...The lab-grown diamond industry has seen a boom in interest in the past two years, with many in the mainstream jewelry trade embracing the product in their sales offerings. Yet how does this recent acceptance impact the natural-diamond sector, and how will the two products coexist? These themes took center stage in the first of a series of webinars sponsored by the International Gemologi...Read More
RAPAPORT... A robust performance at Richemont's jewelry and watch brands boosted revenue in the first fiscal quarter amid a return to tourist spending as well as strong local demand in the US and Europe.Proceeds from the group's jewelry maisons - Cartier, Van Cleef & Arpels, and Buccellati - rose 20% year on year to EUR 3.02 billion ($3.04 billion) for the three months ending June 30, the comp...Read More
(IDEX Online) - A 38-carat Goloconda diamond that once belonged to socialite Christina Onassis is being offered for sale with a $7.5m price tag.The pear-shaped Type IIa, D-color, VVS1-clarity stone was set into a pendant necklace by Jacques Timey for the King of Diamonds, Harry Winston.The platinum and white 18K gold necklace (pictured) has an additional 20.00 to 25.00 total carats, of G col...Read More
(IDEX Online) - The UAE accounted for almost a third of Israel's rough diamond imports and almost a fifth of its exports last month, according to new figures.There was no official trade of any kind between the two countries before the Abraham Accords, signed in September 2020, normalized relations.But in June, Israel imported approximately $64m of rough diamonds from the UAE, which is about 3...Read More
(IDEX Online) - A criminal who defrauded 30 jewelry stores using stolen credit and debit cards he bought on the dark web has been jailed for more than six years.Hasan Howard, 23, of Cleveland, Ohio, USA, was also ordered to pay $261,000 in restitution.He and co-conspirators bought high-value jewelry and watches in store and over the phone, according to court documents.He and others bought $19,000...Read More
Spread the loveCOMMENT: I thought you were just a Trumper warning what would happen if Biden won. I have come back to your site because I can see inflation approaching 10% as you said and the dollar is rising which made no sense as gold stalled. I think you also said that real estate will decline perhaps into 2023. Has there ever been such a wild combination of events?ThanksPeteANSWER: It gives me...Read More
Lex Fridman, Released on 7/17/220:00 - Introduction1:51 - Defining economics8:50 - Schools of economics33:10 - Karl Marx51:24 - Labor theory of value1:11:10 - Socialism1:26:12 - Soviet Union1:39:33 - China1:59:24 - Climate change2:21:27 - Economics vs Politics2:29:30 - Minsky's model2:44:14 - Financial crisis2:49:31 - Inflation3:02:46 - Marxism3:10:06 - Space and AI3:16:11 - Advice for young peopl...Read More