Colombian finance minister Jos?(C) Antonio Ocampo said the government has withdrawn a plan to introduce a 10% duty on gold exports included in the tax reform bill submitted by the new leftist government of President Gustavo Petro in early August.The proposal sought a 10% export tax on the value of gold exports whenever the metal price exceeded US$400 per ounce.The benefits of such plan would have...Read More
Our TNM Drill Down feature highlights the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our sister company Mining Intelligence. TNM Drill Down Aug. 19-26, 2022.Brisbane-based Santana Minerals (ASX: SMI) delivered the top intercept of the week from its Bendigo-Ophir project in New Zealand's Central Otago goldfields. Hole MDD054 cut 1 metre of 1,400...Read More
CNBC, Released on 8/29/22Steve Hanke of Johns Hopkins University says U.S. Federal Reserve Chair Jerome Powell is "still going on about supply side glitches" and has "failed to tell us that inflation is always caused by excess growth and the money supply."Steve Hanke is an American applied economist at the Johns Hopkins University in Baltimore, Maryland. He is also a senior fellow and director of...Read More
Daily Reckoning, Released on 8/29/22The Ukrainian money-laundering racket continues. Last week Joe Biden pledged Continue... Rickards: Russia to Lead New OPEC? added by Herman James on 08/31/2022View all posts by Herman James ?+'Read More
Dear Outsider,America was founded on debt.From 1703 to 1775, the 13 Colonies borrowed huge sums of money from the British.At the time of the American Revolution, Colonial merchants and planters owed British creditors 5 million pounds.While the colonists worked to build a "free market," the British were embroiled in multiple wars, including the Seven Years' War, which doubled the national debt and...Read More
Birch Gold Group, Released on 8/29/22Although a Fed U-turn toward a "new normal" of double-digit inflation would be a best-case scenario for gold, Patterson Continue... World's Largest Hedge Fund Makes The Ultimate Case For Gold added by Herman James on 09/20/2022View all posts by Herman James ?+'Read More
That would be in the event of votes going against the passing of the constitution, which is the likely outcome according to recent polling that saw 45.Read More
Retirement Lifestyle Advocates, Released on 8/28/22The stock market today, at 170% of GDP, is not in any regards reflective of the underlying conditions of global central banks tightening into a worldwide recession. This statement from Michael Pento, our guest this week on Retirement Lifestyle Advocates radio. Your host, Dennis Tubbergen, talks with Pento about the comparison of today's equites ma...Read More
Armstrong Economics, Released on 8/28/22There is NOTHING that the politicians EVER say that is the truth. Hiring 87,000 new IRS agentsContinue... Armstrong: The Real IRS Hunt added by Herman James on 08/28/2022View all posts by Herman James ?+'Read More
Daily Mail (via MSN), Released on 8/28/22New COVID-19 booster shots are set to be authorized this week by the Food and Drug Administration (FDA) and will be available to most Americans before human testing has even been completed.Continue... New Covid Boosters Will Be Released Before Human Testing Has Even Been Completed! added by Herman James on 08/28/2022View all posts by Herman James ?+'Read More
The Epoch Times (via Zero Hedge), Released on 8/28/22The Chief of the European Central Bank (ECB) has said that climate change is behind soaring inflation, stating that droughts and famines are driving up prices.Continue... European Central Bank Chief Blames Climate-Change For Red-Hot Inflation added by Herman James on 08/28/2022View all posts by Herman James ?+'Read More
RAPAPORT... Sales declined at Hong Kong-based retailer Chow Sang Sang in the first half of 2022, when a fifth coronavirus wave hit consumer spending across greater China.Group revenue slid 7% year on year to HKD 10.09 billion ($1.29 billion) for the six months, the jeweler reported Thursday. Retail sales slipped 1% to HKD 9.67 billion ($1.23 billion). Other revenue, mainly from property inves...Read More
RAPAPORT... India's polished-diamond exports fell 13% year on year in July, according to recent data from the Gem & Jewellery Export Promotion Council (GJEPC). The decline reflects a global market slowdown and an unfavorable comparison with 2021's post-lockdown rebound.India Trade Data for July 2022 Read More
RAPAPORT... It's almost 45 years since a 20-year-old Steven Lagos started a small jewelry-repair business in Philadelphia's Jewelers' Row district.Today, the Lagos jewelry brand is represented in more than 350 retail doors, including some of the most prestigious department stores in the US, such as Neiman Marcus and Bloomingdale's. The company specializes in silver jewelry adorned with natura...Read More
(IDEX Online) - Exports of Swiss watches hit their highest monthly total in almost eight years, amid "very positive" sales.Total foreign sales for July were $2.31bn, up 8.3 per cent on the same month in 2021, according to the the Federation of the Swiss Watch Industry. It's the highest monthly result since October 2014.Much of the growth was driven by watches priced for export at o...Read More
(IDEX Online) - Tanzania's diamond revenue slumped by 55 per cent in the second quarter of this year, down from $38.4m to $17.4m.Production was also significantly reduced, from 108,165 carats to 63,973 carats, said the Bank of Tanzania. That's a drop of 41 per cent.Williamson (pictured), the country's only large-scale mine, was put on care and maintenance last year by UK-owners Petr...Read More
(IDEX Online) - The Responsible Jewellery Council (RJC) has updated its Human Rights Due Diligence Toolkit, originally published in 2013.It includes practical step-by-step advice that will help members to meet the requirements of COP 6 Human Rights.The London-based jewelry and watch standards organization says each step includes a practical set of tools, including templates, forms, and checklists...Read More
Liberty and Finance, Released on 8/28/22"I think we've got a much lower U.S. stock market before it's over," says asset manager Adrian Day. He sees the recent stock rally as a bear market rally that is reversing now. As stocks fall again, however, he does not expect metals to follow this time. He expects a reversal in gold, silver, and miners as soon as investors realize the Fed has to stop raisin...Read More
The Mind Unleashed, Released on 8/28/22Two shocking assertions were just made by Congress, but they were buried deep inside a Continue... Congress Just Admitted That UFOs Are Not "Man-Made", Says "Threats" Increasing "Exponentially" added by Herman James on 09/02/2022View all posts by Herman James ?+'Read More
The Greens rental freeze policy proposal defies logic. I am all for seeing things for the other sides perspective but I genuinely don't ...Read More