Citizen Free Press, Released on 11/9/21Kraft Heinz is raising the prices of their snacks foods by up to 20% because of President Joe Biden's inflation. Let's Go Brandon!Continue... Kraft Heinz raising prices 20 percent added by Herman James on 11/10/2021View all posts by Herman James ?+'Read More
CNN, Released on 11/9/21American households are carrying record amounts of debt as real estate and car prices surge, Covid infections continue to fall and people get out their credit cards again.Continue... Americans have never been in so much debt added by Herman James on 11/10/2021View all posts by Herman James ?+'Read More
Liberty and Finance, Released on 11/9/21Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals. Andy Schectman, gold, precious metalsAndy Schectman - It's Happening: Silver & Gold Disappearing added by Herman James on 11/09/2021View all posts by Herman James ?+'Read More
This cost mitigation will derisk Juanicipio plant commissioning and ramp-up expected by year-end 2021, noted an H.C. Wainwright & Co. report. MAG Silver Corp. (MAG:TSX; MAG:NYSE American) and joint venture (JV) partner Fresnillo began precommissioning of their Juanicipio plant, which should "mitigate capital costs" before the next two milestones, reported H.C. Wainwright & Co. analyst Heiko Ihle i...Read More
Thirteen Republican congressmen crossed the aisle late Friday night to help pass a $1.2 trillion infrastructure bill. The original proposal was $2.3 trillion, so some Republicans consider it a victory.But it creates programs that will likely remain in place once the bill's spending authorization expires in five years. Like Ronald Reagan said, "Nothing lasts longer than a temporary government progr...Read More
Daily Reckoning, Released on 11/9/21Thirteen Republican congressmen crossed the aisle late Friday night to help pass a $1.2 trillionContinue... Rickards: First Down Payment on a Boondoggle added by Herman James on 11/11/2021View all posts by Herman James ?+'Read More
Blaze Media, Released on 11/9/21The model predicts more excess hospitalizations due to vaccine-related myocarditis/pericarditis compared to prevented hospitalizations due to COVID-19 in males and in both sexes combined,"Continue... FDA'S own Pfizer docs suggest myocarditis bigger threat than covid added by Herman James on 11/10/2021View all posts by Herman James ?+'Read More
The Rutherford Institute, Released on 11/9/21It's a false promise, a wicked trap to snare us, with a single objective: total control.Continue... The Metaverse Is Big Brother in Disguise: Freedom Meted Out by Technological Tyrants added by Herman James on 11/12/2021View all posts by Herman James ?+'Read More
Technology continues to be a major driving force for the changes in the entertainment industries, and one of the effects of technological disruption has been the rise of esports, now bigger than both the music and movie industries combined in terms of revenue.Ralph Simon, CEO of Mobilium Global, discusses with David Lin, anchor for Kitco News, the significance these technological innovations for i...Read More
Ballarat, Australia, Nov 9, 2021 - (ABN Newswire) -White Rock Minerals Limited (ASX:WRM) (OTCMKTS:WRMCF) is pleased to provide shareholders with a significant update of results from prospecting activities conducted during the 2021 field season at the Company's 100% owned Red Mountain VMS and IRGS project. Assay results for rock chip float samples from the recently discovered Kiwi and Jack Frost pr...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Newcrest Mining (ASX, TSX: NCM) announced today that it has entered into an agreement to acquire all of the issued and outstanding common shares of Pretium Resources (TSX, NYSE: PVG) that it does not a...Read More
Now for the third day in a row, gold has scored significant gains. As of 4:25 PM EST gold futures basis, the most active December contract is currently up $9.50, or 0.53%, and fixed at $1826.40. Silver has also shown significant gains today, with the most active December contract up $0.388, or 1.61%, and is currently fixed at $24.545. While dollar weakness is a definite contributor to today’...Read More
StrengthsOf the cryptocurrencies tracked by CoinMarketCap, the best performer for the week was Doge Universe (SPACEXDOGE), rising 511,160.61%.New York City Mayor-elect Eric Leroy Adams said he would take his first three paychecks in Bitcoin. He tweeted the news on Thursday and mentioned that “NYC is going to be the center of the cryptocurrency industry.”Compounding and saving in Bitcoi...Read More
StrengthsThe best performing precious metal for the week was spot gold, up 1.96%. Nomad Royalty Company has entered a gold stream with respect to Orion’s 40% interest in Greenstone Gold Mines, which operates the Greenstone Gold Project located in Canada. The company will make cash payments totaling $95 million for 5.9% of gold production attributed to Orion’s 40% interest in Greenstone...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Russia's Polymetal said today that its Board has approved a US$ 447 million investment in the 4.0 Moz Veduga gold project, a high-grade refractory gold deposit located in a prolific Northern Yenisey go...Read More
(Kitco News) The latest take on what "transitory" inflation really means came from the Bank of Canada (BoC) governor Tiff Macklem.The BoC governor described inflation as "transitory but not short-lived," noting that it will be around for longer than expected."I think transitory to economists, means sort of not permanent," Macklem said in an interview with CTV's Question Period with Evan Solomon. "...Read More
NEW YORK, Nov 8 (Reuters) - Wall Street stocks ended slightly higher on Monday, gaining early in the day as investors cheered passage of a U.S. infrastructure spending bill, but paring gains late as sliding Tesla shares weighed the indexes down.All three major U.S. stock indexes pared early gains but closed higher. Still, the S&P 500 and the Nasdaq extending their run of all-time closing highs...Read More
NEW YORK (Reuters) - The dollar dipped on Monday after hitting 15-month highs on Friday following strong U.S. jobs data while investors digested the report, looked ahead to inflation data and monitored commentary from Federal Reserve officials for rate policy clues.On Wednesday the Fed had stuck to its view that current high inflation is expected to be transitory and said it would start trimming i...Read More
WASHINGTON, Nov 8 (Reuters) - Concerns over higher inflation and tighter monetary policy have taken the mantle as the top concern for market participants, pushing aside the COVID-19 pandemic, the Federal Reserve said Monday in its latest report on financial stability.At the same time, the semiannual report also flagged the growing use of stablecoins and "so-called meme stocks" as issues...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Jaguar Mining (TSX: JAG) today announced that its revenue for Q3 2021 decreased 6% to $40.7 million, compared with $43.5 million in Q3 2020, mainly due to a reduction in the average realized gold price...Read More