U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points in pre-opening trade.Index futures were virtually unchanged following release of the August Philly Fed report at 8:30 AM EDT. Consensus was a drop of 5.0 versus a decline of 12.3 in July. Actual was an increase of 6.2%Cisco advanced $1.55 to $48.16 after reporting higher than consensus fiscal fourth quarter re...Read More
Copper scarcity may emerge as a key destabilizing threat to international security in the 21st Century an analysis by S&P Global found this week."Projected annual shortfalls will place unprecedented strain on supply chains. The challenges this poses are reminiscent of the 20th-century scramble for oil but may be accentuated by an even higher geographic concentration for copper resources and the do...Read More
Analysts at S&P Global Market Intelligence have pointed the finger at a worsening global economic outlook and softer metals prices for dragging down global mining activity in the three months through June.In its quarterly 'State of the Market: Mining Q2' report released this week, senior analyst Sean DeCoff said metals and mining companies' valuations had been significantly impacted by these marke...Read More
Moneta Gold (TSX: ME; OTC: MEAUF) has closed its previously announced and upsized bought deal private placement for aggregate gross proceeds of $15.4 million. The offering, which was oversubscribed, consists of 6 million flow-through common shares at an issue price of $2.40 per share and 608,000 shares at $1.64 per share.The financing was led by Stifel GMP, on behalf of itself and a syndicate of u...Read More
A rash of permit rejections for mining projects by the new left-wing government has rattled nerves in Chile's mining industry. First came the rejection of Anglo American's (LSE: AAL) US$3-billion expansion of its Los Bronces mine in May this year. Since then, authorities have also scrapped Rio2's (TSXV: RIO) US$200 million Fenix gold project and investments at Anglo's El Soldado operation, as wel...Read More
Lumina Gold (TSX-V: LUM) has concluded its drilling program at the Cangrejos gold-copper project in Ecuador, delivering what are likely the penultimate batch of results before the conclusion on a pre-feasibility study, expected mid-2022. The Vancouver-based company said resource estimate work has now started following the completion of drilling at both Gran Bestia and Cangrejos, one of the world'...Read More
Chile's President Gabriel Boric and the chief executive of Teck Resources (TSX: TECK.A | TECK.B) (NYSE: TECK), Don Lindsay, met in the capital Santiago to discuss the Canadian miner's projects in the country, including its biggest ever: the Quebrada Blanca phase 2 (QB2) expansion.The US$5.2 billion QB2 expansion project has the objective of extending the open pit mine's life by 28 years, boosting...Read More
Liberty and Finance, Released on 8/18/22 (Recorded on 8/16/22)Rising interest rates are creating a credit contraction that could lead to a systemic failure of the banking system, says Alasdair MacLeod, head of research at GoldMoney Inc. The endgame? Amid a collapse in derivatives, the world's central banks will have to save the system through currency creation. The further expansion of the currenc...Read More
ITM Trading, Released on 8/18/220:00 Introduction3:16 Inflation in Bulgaria9:23 Inflation Eroding Purchasing Power12:27 Confidence of the Public14:24 Unemployment in Bulgaria19:05 Russia and Ukraine impact23:10 European Union and Inflation26:40 Energy Crisis in Eastern Europe37:20 "Stimulating" the Economy39:55 The Mantra46:50 Creating a FoundationLynette Zang has held the position of Chief Market...Read More
Howe Street, Released on 8/18/22Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was...Read More
Libs of TikTok - Twitter, Released on 8/18/22A school in California allegedly called police today to remove a 4-year-old for not wearing a mask: pic.twitter.com/UYxlxmabUT- Libs of TikTok (@libsoftiktok) August 18, 2022 VIDEO: A school in California called police to remove a 4-year-old for not wearing a mask added by Herman James on 08/19/2022View all posts by Herman James ?+'Read More
Howe Street, Released on 8/18/22Rick Ackerman is the editor and publisher of Rick's Picks, an online service for traders from novice to expert. He has been trading himself for more than 40 years, a dozen of them as an options market-maker on the floor of Pacific Stock Exchange. CNBC and Bloomberg have featured his work, and he has written on the markets and the economy for numerous publications, i...Read More
The Daily Gold, Released on 8/18/22Keep your eyes on the Gold/Silver ratio and the US Dollar. They have been correcting but could be recovering now. If they make higher highs it would be a warning signal for markets. Higher highs could also lead to a peak in the 2-year yield, which typically peaks and declines first. When that happens, it's a signal for a Fed policy shift. Jordan Roy-Byrne, CMT is...Read More
Following a call with Chilean mining taxes with mining and tax lawyers Marco Zavala and Alejandro Chechilnitzky from Guerrero Olivos, "a less onerous increase to the royalty rate, perhaps with theRead More
The Outer Limits Of Inner Truth, Released on 8/18/22"Massive civil unrest in the US starting in 2023, Word War 3 on the horizon, inflation to only get progressively worse, and the elites going all out to push their Great Reset on humanity. Legendary economic forecaster and astute scholar of history and human nature Martin Armstrong speaks with Ryan McCormick from The Outer Limits of Inner Truth to...Read More
Wall St. For Main St., Released on 8/18/22During this 50+ minute interview, Jason asks David Morgan about trust systems breaking down between governments and people in the global economy. Jason and David also discuss the state of many silver miners after rising energy, labor and materials costs as well as capital largely unavailable for most juniors and miners. While many miners are hunkering down...Read More
Dr Shawn Baker - Twitter, Released on 8/18/22Brainwashing in real time! pic.twitter.com/R6Ayk2ZFMI- Dr Shawn Baker ???(C) (@SBakerMD) August 18, 2022 VIDEO: Canadian schools are brainwashing children into eating insects added by Herman James on 08/20/2022View all posts by Herman James ?+'Read More
Of Two Minds (via Dollar Collapse), Released on 8/18/22The real story is the U.S. was hemorrhaging gold in the 1960s at such a rate that America's entire gold reserves Continue... Charles Hugh Smith: The Real Story of America Abandoning the Gold Standard added by Herman James on 08/20/2022View all posts by Herman James ?+'Read More
Gold Money (via Dollar Collapse), Released on 8/18/22While we are being distracted by Ukraine, President Putin has advanced his geopolitical goals Continue... Alasdair MacLeod: Geopolitics: The World is Splitting into Two added by Herman James on 08/21/2022View all posts by Herman James ?+'Read More
2nd Smartest Guy in the World, Released on 8/18/22Top scientists that have not been captured by BigPharma, WEF, BigOil, governments and various other Cult forces have announced through their apolitical World Climate Intelligence Group:Continue... 1,107 Scientists & Professionals Declare: "There Is No Climate Emergency" added by Herman James on 08/21/2022View all posts by Herman James ?+'Read More