U.S. equity index futures were lower this morning. S&P 500 futures were down 61 points in pre-opening trade. Investors are waiting for testimony on monetary policy by Federal Reserve Chairman Powell to Congressional leaders today and tomorrow starting at 10:00 AM EDT. The Canadian Dollar was virtually unchanged at US77.06 cents following release of Canada's May Consumer Price Index at 8:30 AM...Read More
Copper is essential for the global shift towards decarbonization. However, declining ore quality, mine closures, and the absence of additional investment in new copper supplies could lead to a significant shortfall over the coming decades. Below are eight companies exploring and developing new sources of the red metal.ATEX RESOURCESThe LF230 rig drills hole ATXD-17 in the foreground with hole ATXD...Read More
Collective Mining (TSXV: CNL) has reported the discovery of a new copper-gold-silver deposit at its Guayabales project in Caldas, Colombia. Drillhole APC-1, the first diamond drill hole to test the Apollo deposit and among its eight porphyry-related targets, returned an intercept of 87.8 metres grading 0.88 gram gold per tonne, 61 grams silver and 0.39% copper starting from 291.60 metres, includi...Read More
De Beers, the world's top diamond producer by value, saw improved sales in its latest auction, despite moving into the summer, which are generally considered a weaker period for roughs demand.The Anglo American unit sold US$650 million of diamonds in its fifth sale of 2022, slightly up from US$604 million at the previous event this year, but higher than the US$477 million it sold this time last y...Read More
Hudbay Minerals (TSX: HBM; NYSE: HBM) has wrapped up mining activity at the 777 zinc-copper mine in Flin Flon, Man., after 18 years of steady production. Closure activities at the mine, where reserves have been mined out, have begun, and employees and equipment are transitioning to the company's operations in Snow Lake."777 was a state-of-the-art mine that represented the pinnacle of a century of...Read More
As part of its growth strategy in support of the onshoring of electric vehicle supply chains in North America, Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) has begun preliminary discussions with the government of Quebec to build a new cobalt refinery in B?(C)cancour, Que., that will integrate with an emerging battery materials park in the province.Electra has been focused on creating Nor...Read More
Chilean state-owned copper producer Codelco, the world's largest, was hit on Wednesday by a nationwide strike against the miner's decision to close permanently an allegedly polluting smelter in the country's central zone.Unions demand that, instead of shutting down Ventanas, the company upgrades it. Codelco's decision followed an environmental incident that saw dozens of people fall ill, the mine...Read More
A gunman who stole necklaces worth 2 million baht from a Bangkok gold shop on Saturday was attempting to make up for his massive losses in cryptocurrency trading, police said on Sunday.Read full newsRead More
FPX Nickel (TSXV: FPX; OTC: FPOCF) has executed a new development memorandum of agreement (MOA) for the Decar nickel district with Binche [...]Read full newsRead More
One might think Russia's troubled invasion of Ukraine - which has cost thousands of lives, damaged the global economy, and spiked energy prices - would be a cautionary tale for China...But in actuality, that couldn't be further from the truth.China has been telegraphing a move on its renegade province for years now, and we're finally nearing the point of no return. Just look at the way the stage...Read More
Share this articleVANCOUVER - Patriot Battery Metals Inc. [PMET-CSE, PMETF-OTCQB, R9GA-FSE] shares rallied Thursday after the company released results from the last four drill holes to be reported from the 2022 winter drill program at the Corvette - FCI gold-copper-silver-lithium project in the James Bay Region of Quebec.The results include some of the strongest drill intersections to date, includ...Read More
Check out this headline...Can you imagine that?Powering the entire globe by beaming solar power down from space?Yeah, I can't imagine it either.You know why?Because it's stupid.Here's how it works...A power station captures sunlight in space, converts it into microwave beams, and then transmits those beams to a receiver station on Earth where those beams are converted back to electricity.Researche...Read More
Wall Street Silver, Released on 6/23/22Michael Pento, well-known money manager, joins us to discuss the Fed's latest moves. He also explains how Gold and Silver will launch after a liquidity crisis.Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed...Read More
Fat Tail Investment Research, Released on 6/23/22Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first ever financial war games conduct...Read More
Fox Business, Released on 6/23/22Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An I...Read More
Palisades Gold Radio, Released on 6/23/220:00 - Introduction0:38 - Economic Confidence Model8:40 - Malice or Stupidity?10:20 - Power Cycles & Davos16:05 - Debt & Owning Nothing17:38 - Russia & Putin's Ratings20:10 - Society & Religions22:18 - Historic Hyperinflations30:42 - The Problem with Debt35:47 - MMT - The Road Ahead?37:43 - Ukraine Outcome?44:40 - Soros & China/Russia50:00 - The Coming Shif...Read More
Wealthion, Released on 6/23/22The last time today's guest was on the program, he made the case that the world's largest nations, burdened by over $200 trillion worth of dollars in debt, better "get busy inflating or get busy defaulting." Since then, many of these countries have tightened their monetary policies. Does that mean a cascade of defaults lies ahead? To find out, we welcome back macro an...Read More
George Gammon - Twitter, Released on 6/22/22What happens when you stop investing in an energy source because it's not ESG friendly?Sooner or later demand exceeds supply. (Coal Prices) pic.twitter.com/dgq04FXa0G- George Gammon (@GeorgeGammon) June 22, 2022 George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012...Read More
Trends Research, Released on 6/22/22Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, ri...Read More
The LaRouche Organization, Released on 6/23/22There is no future if the policies of endless wars, austerity and cultural degradation coming from the TransAtlantic Rules-Based Order are not overturned. While many are not yet convinced that this is possible, we are actually winning the fight, as more people are rejecting the narratives of the so-called democracies - the U.S., U.K., E.U. - which use...Read More