Armstrong Economics, Released on 5/2/22There is no way to EVER return to normal! Biden appears to Continue... Martin Armstrong: We Have Enemies Within Our Own Governments Seeking War & Agenda 2030 added by Herman James on 05/02/2022View all posts by Herman James ?+'Read More
Armstrong Economics, Released on 5/2/22Moderna is officially coming for toddlers and infants under five. Continue... Martin Armstrong: Moderna Poised to Commit Infanticide added by Herman James on 05/02/2022View all posts by Herman James ?+'Read More
Of Two Minds, Released on 5/2/22We are all prone to believing the recent past is a reliable guide to the future. But in times of dynamic reversals, Continue... Charles Hugh Smith: Is Housing a Bubble That's About to Crash? added by Herman James on 05/02/2022View all posts by Herman James ?+'Read More
Kyle Bass - Twitter, Released on 5/2/22Xi's goons just forced an emergency meeting of all the major banks in China to develop plans to protect the Chinese financial system from U.S. sanctions. Meaning Xi is about to help Putin militarily or he's going to invade Taiwan. #ChinaExposed #China #Russia #Taiwan- ???????,Kyle Bass???????? (@Jkylebass) May 2, 2022 Kyle Bass is an American hedge fund manag...Read More
CNBC, Released on 5/2/22If rates rise just 50 basis points more or home prices were to increase just 5% more, home affordability would be the worst on record.Continue... Home affordability is nearly the worst on record added by Herman James on 05/02/2022View all posts by Herman James ?+'Read More
The Daily Gold, Released on 5/2/22The Gold to Silver ratio has broken out. It has an upside target of 90. We discuss the significance of the breakout and what it means for Silver moving forward. We review 5 historical lows in Silver and 5 historical peaks in the Gold to Silver ratio. If the ratio peaks because of a crash low in the sector, then Silver can outperform Gold immediately after the peak...Read More
Schiff Gold, Released on 5/2/22You're working more and earning more, but you're falling further and further behind. Real wages are collapsing.Continue... Wages Are Up But You're Worse Off added by Herman James on 05/02/2022View all posts by Herman James ?+'Read More
Reference this article posted on 12.30.21: 2022: The Golden YearGold has done nothing unusual and in fact it has done as would normally be expected. In February it began to rally out of the base on the daily (futures) chart below. Driven by war (easy on the war, terror and pestilence bull rationales dear gold bugs) and inflation hype, kneejerkers and momos (momentum players) quickly jumped on push...Read More
What's happening is "historic", Wednesday could get interesting, and on Friday...(by Half Dollar) What has been happening in the economy is "historic".President Joseph Robinette Biden Jr's word, not mine:Since I took office, our economy has created 7.9 million jobs and unemployment has dropped to 3.6%. It's historic. Our economy has gone from being on the mend to being on the move.- President Bide...Read More
RAPAPORT... Automation is already having an effect on the diamond industry, whether in the fields of mining, grading or sorting. But the artificial intelligence (AI) that could transform the industry is in the manufacturing sector, where the trade is bracing for a wave of technological solutions that will likely reduce the need for human polishers.At the center of this is Synova, a Swiss comp...Read More
RAPAPORT... Christie's will offer a 103.49-carat diamond that could fetch up to $18 million at its upcoming New York sale.The emerald-cut, D-Flawless, type IIa stone, called the Light of Africa diamond, will headline the auction house's Magnificent Jewels sale on June 8, it said Monday. It will be among the items featured as part of Christie's luxury week.The diamond was cut from a 299.3-carat rou...Read More
RAPAPORT... Sotheby's realized HKD 295.8 million ($37.7 million) at its Hong Kong sale Friday, even as several big-ticket items didn't make the cut.A parure comprising a necklace with 176.93 carats of jadeite and diamonds, a pair of earrings and a ring was the top seller at the April 29 Magnificent Jewels sale. The set fetched HKD 46.4 million ($5.9 million), Sotheby's said last week.A cushion-sha...Read More
RAPAPORT... Tse Sui Luen (TSL) expects to report a profit for the full fiscal year amid improved consumer sentiment in mainland China.The Hong Kong-based jeweler believes it earned approximately HKD 15 million ($1.9 million) for the year that ended March 31, 2022, it said last week. That compares with a loss of HKD 44 million ($5.6 million) the previous year.Consumer sentiment in China improved du...Read More
(IDEX Online) - Fugitive diamantaire Mehul Choksi is facing new criminal charges in India, over an alleged $3m fraud.He is accused, jointly with others, of defrauding the government-controlled Industrial Finance Corporation of India Ltd (IFCI) between 2014 and 2018.Choksi (pictured), 62, already face charges, together with his nephew Nirav Modi, over the $1.8bn Punjab National Bank (PNB) fraud.He...Read More
(IDEX Online) - Brilliant Earth has ditched a promotional offer for "free diamond earrings" following a challenge from rival Blue Nile.It voluntarily pulled ads after complaints that the diamonds were lab-grown rather than mined, and the "free" offer was only available for a very limited time.Brilliant Earth, the US-based "ethical jeweler", had used the phrases "Free Diamond Earrings" and "One Day...Read More
(IDEX Online) - The IDEX Polished Price Index declined steadily throughout April, falling by over 2.1 per cent by the month end. It continued a trend set during all but the first few days of March. Before that the Index had enjoyed months of sharp increases - 5.67 per cent in January and 4.14 per cent in February. IDEX Online subscribers please click here to read the full report. Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 9 points in pre-opening trade. Chevron slipped $0.28 to $156.39 after Truist lowered its target price from $186 to $181.Ford eased $0.05 to $14.11 after Benchmark lowered its target price from $29 to $25.Eli Lilly added $0.01 to 292.14 after Mizuho raised its target price from $315 to $356.Shopify dropped $1.82 to US$...Read More
The Global Reporting Initiative is an ESG standard used by the vast majority of the world's largest public companies to disclose their environmental, social and governance risks. But it only directly highlights Indigenous rights as material to a public company's sustainability reporting when a community has sued or registered a complaint against the company. It's something a coalition of 86 First...Read More
Snow Lake Lithium (NASDAQ: LITM) has provided the first results of winter drilling at the northeast extension of its Thompson Brothers (TBL) spodumene pegmatite deposit located in northwest Manitoba. These results represent only the first three of the 40 total holes that Snow Lake has submitted for analysis.The best intercept came from TBL-027, with an intersection of 1.49% LiO2 (lithium oxide) o...Read More
A recent study by KU Leuven University in Belgium shows that meeting the European Union's Green Deal goal of climate neutrality by 2050 will require 35 times more lithium and 7 to 26 times the amount of rare earth metals compared to Europe's current use.According to the paper, the energy transition will also require 30% more aluminum than what is employed today in the continent, as well as 35% mor...Read More