Wealthion, Released on 10/6/22The global economy runs on credit, so when there's trouble in the credit markets, EVERYTHING hangs in the balance. Bond yields have been rising fast around the world this year. So fast in some cases, that things are starting to break. Just this past week, the UK credit market started melting down - forcing the Bank of England to engineer a desperate rescue by buying 6...Read More
SF Live, Released on 10/6/22On this episode of SF Live we discuss the jobs number, interest rate hikes, pressure on the FED, buying gold & silver, US Dollar, inflation and much more. Hold on tight. Todd Horwitz - known as Bubba - is chief market strategist of BubbaTrading.com. He is a regular contributor on Fox, CNBC, BNN, Kitco, and Bloomberg. He also hosts his daily podcast 'The Bubba Show.' He...Read More
The LaRouche Organization, Released on 10/6/22Growing anger against the commitment to a war to "weaken" Russia, the "backfire" effect of sanctions on western populations, and the threats employed to silence opposition, are causing a panic among those running the TransAtlantic region. A "general warning" of systemic risk to the system from the European Central Bank's risk evaluation agency confirms...Read More
Mish Talk, Released on 10/6/22Job openings decline but from record levels. Let's discuss the implications.Continue... Mish Shedlock: Fed's soft landing theory is laughable. There will be a recession. added by Herman James on 10/06/2022View all posts by Herman James ?+'Read More
Zero Hedge, Released on 10/6/22For as long as we can remember - it seems like scores of years, eons, epochs even...people have joked far and wide on social media and privately in social circles about the creation of an Inverse-Jim Cramer ETF.Continue... Booya! Behold, The Inverse Cramer ETF Has Finally Arrived added by Herman James on 10/06/2022View all posts by Herman James ?+'Read More
Got physical silver?by Bix Weir of Road to RootaCredit Suisse and UBS seem to be trapped in a Counter Party Derivative mess!! Don't worry, there's only about 1,250 banks in the US that will FAIL if the derivative market crashes!! GOT PHYSICAL SILVER?!Read More
Banks historically go long near price bottoms...Vince Lanci by Chris Marcus of Arcadia EconomicsThe silver price has had an explosive rally in the first 2 days of October, and now silver is finally trading above $20 again.Fortunately, to explain some of the dynamics behind the rally, and why the silver price has moved so violently, Vince Lanci of GoldFix Substack joined me on the show again to she...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipChaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesHole 67 was drilled within the mineral resource outline and intersected 1,131.6m grading 0.62% copper, 0.53 grams per tonne gold and 11.9...Read More
The latest four holes reported included an intercept of 237.7m grading 2.Read More
Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDMetal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedChaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Copper Mountain Mining will receive $170 million in cash on the closing of the transaction for the Australian...Read More
Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDMetal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedChaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Tiger Tasman is seeking between A$5.1 million and A$8.0 million in an initial public offer set to close on 17...Read More
News: Market sentiment cautious amid softening prices. 1 ct. RAPI -3.8% in Sep. and -9.7% during 3Q. Retail jewelers expecting steady holiday sales but being careful not to hold large inventories amid economic uncertainty. US in recession as GDP contracts for second consecutive quarter: -0.6% in 2Q. Rough market slow after De Beers sales +2% to $500M in Sep. Polished inventory high; diamonds...Read More
RAPAPORT... De Beers' rough-diamond sales were seasonally lower in September as Indian factories prepared for the Diwali shutdown, the miner reported Wednesday.Proceeds came to $500 million at the company's eighth sales cycle of the year, which included the sight that ran from September 19 to 23as well as auction revenues. The total was 2% higher than a year earlier but 22% lower than in Augu...Read More
RAPAPORT... Jewelers of America (JA) will present a posthumous honor to industry leader Steven Kaiser at its next GEM Awards.Kaiser, who died in May of this year, will receive JA's Award for Lifetime Achievement at the event at New York's Cipriani 42nd Street on March 17, 2023, the organization said Wednesday. He was president and CEO for the US at the Kennedy watch group and chaired the Jewe...Read More
RAPAPORT... The diamond industry is facing contrasting trends at the start of the important fourth quarter. US jewelers are optimistic for the holiday season, but the trade is staying cautious amid the economic slowdown. In this episode of the Rapaport Diamond Podcast, Rapaport Senior Analyst Avi Krawitz and News Editor Joshua Freedman discuss the slump in diamond trading, acknowledging the impact...Read More
RAPAPORT PRESS RELEASE, October 6, 2022, Las Vegas... Polished trading was slower than usual in September as US economic uncertainty and the slowdown in China affected sentiment. Dealers were cautious as polished prices continued to slide.The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds fell 3.8% in September. Having declined 9.7% in the third quarter, it was down 3% from the beginning of...Read More
(IDEX Online) - De Beers today said it sold $500m (provisional) of rough at Cycle 8, down over a fifth on the previous Cycle, but broadly in line with the same period last year ($492m).At the end of August UK-based miner announced sales (revised) of $638m, up more than a fifth on both the previous Cycle this year and on the same Sight last year.De Beers predicted a drop in a rough demand at the ti...Read More
(IDEX Online) - A European ban on Russian diamonds could cost 10,000 Belgian jobs, says the Antwerp World Diamond Centre (AWDC).Tom Neys, spokesman for the AWDC, told EUobserver the center was against an EU ban because Russia would welcome the opportunity to sell its diamonds in Dubai or India instead.He said Russia could switch export venues overnight and never return to Europe.Belgium's pri...Read More
(IDEX Online) - The growth in sales of US jewelry and watches hit a two-year low in August, at just 3.7 per cent. That's according to the Department of Commerce, but it will likely be revised next month. The July figure, originally reported as 10.2 per cent - a significant rise on 5.3 per cent in June - has now been revised down to 5.9 per cent, based on actual through-the-till tra...Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDMetal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedBritish broadsheet the Financial Times quoted unnamed sources as saying that Vale is in discussions to sell a...Read More