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Bank stocks plunge after implosions at Silicon Valley Bank and Silvergate Capital send 'shock waves' through the sector

March 09, 2023 / marketsanity.com

Markets Insider (via MSN), Released on 3/9/23"This is sending shock waves through the financials with the regional bank ETF lower by 8%," NYSE's Michael Reinking said. Bank Continue... Bank stocks plunge after implosions at Silicon Valley Bank and Silvergate Capital send 'shock waves' through the sector added by Herman James on 03/09/2023View all posts by Herman James ?+'Read More

Former CDC Director Robert Redfield admits COVID-19 likely created in a lab through gain-of-function research funded by Fauci

March 08, 2023 / marketsanity.com

Benny Johnson - Twitter, Released on 3/8/23????Former CDC Director Robert Redfield admits COVID-19 likely created in a lab through gain-of-function research funded by Fauci pic.twitter.com/a7h8oPpkFh- Benny Johnson (@bennyjohnson) March 8, 2023 Former CDC Director Robert Redfield admits COVID-19 likely created in a lab through gain-of-function research funded by Fauci added by Herman James on 03/0...Read More

Biden to propose doubling Capital Gains Tax to 40%

March 09, 2023 / marketsanity.com

Aljazeera, Released on 3/9/23Biden's proposed spending plan would also nearly double the capital gains tax for investment from 20 percent to 39.6 percent, and lift income levies Continue... Biden to propose doubling Capital Gains Tax to 40% added by Herman James on 03/09/2023View all posts by Herman James ?+'Read More

What Are the Purest Gold Coins in the World?

March 08, 2023 / marketsanity.com

Gainesville Coins, Released on 3/8/23Let's kick right off by stating that it's virtually impossible from the technical and manufacturingContinue... What Are the Purest Gold Coins in the World? added by Herman James on 03/09/2023View all posts by Herman James ?+'Read More

Singapore's Central Bank Boosts Gold Reserves By 30% To Nearly 200 Tonnes

March 08, 2023 / marketsanity.com

BullionStar (via Zero Hedge), Released on 3/8/23In January 2023, Singapore's central bank, the Monetary Authority of Singapore (MAS) returned to Continue... Singapore's Central Bank Boosts Gold Reserves By 30% To Nearly 200 Tonnes added by Herman James on 03/09/2023View all posts by Herman James ?+'Read More

CA$6 Million Market Cap Co. Closes Another Million

March 10, 2023 / www.theaureport.com

With two tranches of non-brokered units successfully privately placed, Freeport Resources Inc. positions itself to meet the coming copper crunch. As the base metal's importance grows for green energy, supplies are not meeting demand. Canada-based Freeport Resources Inc. (FRI:TSX.V) pulled in considerable private capital during the past month, reporting the close of a CA$1.4 million tranche on Febr...Read More

Gold Co. Looking Most Attractive

March 10, 2023 / www.theaureport.com

Technical analyst Clive Maund takes a look at NevGold Corp.'s 6-month and 2-year charts to explain why he believes in the company.NevGold Corp. (NAU:TSX.V; NAUFF:OTC; 5E50:FSE) is looking most attractive here.On its latest 6-month chart we can see that it is in the very late stages of a Cup & Handle base with this interpretation of what is going on being very strongly supported by the powerfully b...Read More

Electrification is a light in the dark for M&A

March 09, 2023 / www.mining-journal.com

Putting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources Alma in right commodity at right addressSPONSOREDalma metalsTo what degree its guiding force can offset the headwinds remains to be seen, but expectations a...Read More

McEwen targeted autocompanies in innovative copper...

March 08, 2023 / www.mining-journal.com

With the South American country assembling cars for many different manufacturers, the company saw an opportunity to harness their concerns about supply threats to their supply chain to help furtherRead More

Lithium Royalty pulls off the biggest Canadian IPO...

March 09, 2023 / www.mining-journal.com

Lithium Royalty sold 8.82 million shares for C$17 apiece in its IPO, within its targeted range of C$16 to C$19, making this the biggest Canadian IPO in over ten months. Shares were trading at C$16.Read More

Atlantic Lithium rejects allegations of corruption...

March 09, 2023 / www.mining-journal.com

A report published online by short-seller Blue Orca on March 8 raised the prospect that Atlantic's mining licence application for the Ewoyaa lithium project in Ghana will be rejected, due to "textbookRead More

What happened to the recession?

March 09, 2023 / www.mining-journal.com

Putting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources Alma in right commodity at right addressSPONSOREDalma metalsOver much of the past year, economists and market strategists have been talking up the risk of r...Read More

35-ct Diamond Fetches $2.7m in White Glove Sale

March 09, 2023 / www.idexonline.com

(IDEX Online) - A 35-carat Leviev diamond ring beat its $2.5m high estimate yesterday when it sold for $2.7m at Bonham's New York.The type IIa emerald-cut, D-color, VVS1-clarity diamond was accented by a round brilliant-cut diamond-set gallery and shank with a total weight of 1.90 carats. The platinum, ring was signed Leviev.Bonhams said it was a "white glove sale" - with buyers found for eac...Read More

Brazil's Ex-President "Failed to Declare $3.2m of Diamonds"

March 09, 2023 / www.idexonline.com

(IDEX Online) - Brazil's former president Jair Bolsonaro is being investigated over claims he failed to declare diamond jewelry valued at $3.2m.The items, including a Chopard diamond necklace, earrings and watch, were a gift from the Saudi government to him and his wife Michelle.Customs officials seized them from an aide's luggage at Sao Paulo international airport after a presidential v...Read More

Farewell to Princess Cut Inventor Izzy Itzkowitz

March 09, 2023 / www.idexonline.com

(IDEX Online) - Izzy Itzkowitz, who co-invented the princess cut in 1979, has passed away at the age of 68, his son said in a Facebook post.During a lifelong career in diamonds he also developed iconic private label designs for De Beers, Tiffany & Co, and Graff, as well as the "invisible set".Itzkowitz, born and bred in Tel Aviv, he also invented the Asscher Cut Princess and the Asscher Queen....Read More

Four More Cleared over $50m Brussels Diamond Heist

March 09, 2023 / www.idexonline.com

(IDEX Online) -  Four defendants in the 2103 diamond heist at Brussels Airport were yesterday acquitted on appeal. It follows the acquittal of 18 other defendants in a 2018 trial and means just one person has been convicted and jailed over the theft of diamonds valued at the time at $50m. The appeals court in Brussels ruled there was insufficient evidence to convict the four. The shipment of...Read More

Tech Talk for Thursday March 9th 2023

March 09, 2023 / www.timingthemarket.ca

U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points in pre-opening trade. Eli Lilly slipped $1.50 to $311.04 on news that its proposed drug aimed at preventing Alzheimer failed to slow down cognitive declineAmerican Express gained $3.09 to $177.86 after the company announced a 15% increase in its dividend. JD.com dropped $1.64 to $45.23 after reporting less th...Read More

The 2023 Daily Reckoning Gold Buying Guide

March 09, 2023 / dailyreckoning.com

Greetings and salutations on this fine Thursday morning!Last Friday, Byron and I co-hosted a Rickards Uncensored session. Both Jim Rickards and Matt Insley were away, so Matt handed the keys to me. Looking out of the corners of his eyes he silently intimated to me, "Don't muck this up!"To stay on the reservation, the safest thing for me to do was to let Byron talk as much as possible.And what a go...Read More

Biggest Recession Warning in 42 Years Just Tripped

March 08, 2023 / dailyreckoning.com

Mr. Powell frightened the horses yesterday.The Dow Jones Industrial Average plunged 532 panicked points on his congressional testimony that:We continue to anticipate that ongoing increases in the target range for the federal funds rate will be appropriate in order to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2% over time. In addition, we are continu...Read More

Canadian Exploration Snapshot: Eight companies to watch

March 09, 2023 / www.northernminer.com

From the Canadian Malartic mine in Quebec to the Diavik diamond mine in the Northwest Territories, Canada is home to some of the world's largest mining operations and most valuable resources. Here are eight companies advancing the next generation of projects in the Great White North.American Eagle GoldToronto-based explorer, American Eagle Gold (TSXV: AE), is focused on advancing its flagship NAK...Read More

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