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Gold Rebounds $53 as Stocks & Bonds Plunge. What's Next w/ Vince Lanci & Jordan Roy-Byrne

June 10, 2022 / marketsanity.com

The Daily Gold, Released on 6/10/22In this interview Vince Lanci and I discuss Fridays move in the Gold marked amid a decline in the stock market and bond market. Vince explains why some bond investors have started allocating to Gold and why Gold could perform even if inflation and bond yields continue to rise this summer. We also discuss Fed policy and how Gold might react to various scenarios. V...Read More

Google engineer warns Artificial Intelligence is now sentient! Company freaks, puts employee on leave

June 11, 2022 / marketsanity.com

The Washington Post (via MSN), Released on 6/11/22"If I didn't know exactly what it was, which is this computer program we built recently, I'd think it was a 7-year-old, 8-year-old kid that happens to know physics," said Lemoine, 41.Continue... Google engineer warns Artificial Intelligence is now sentient! Company freaks, puts employee on leave added by Herman James on 06/12/2022View all posts by...Read More

El-Erian says inflation could hit 9%

June 12, 2022 / marketsanity.com

Face The Nation, Released on 6/12/22Mohammed El-Erian, the chief economic adviser to Allianz, says inflation could hit 9% before beginning to come down.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. D...Read More

Paul Craig Roberts: The United States Has Joined the Ranks of Sh*thole Countries

June 12, 2022 / marketsanity.com

Institute for Political Economy, Released on 6/12/22The Biden regime has turned the United States into a laughing stock. Not that the US wasn't Continue... Paul Craig Roberts: The United States Has Joined the Ranks of Sh*thole Countries added by Herman James on 06/12/2022View all posts by Herman James ?+'Read More

Bipartisan group of senators announces agreement on gun control

June 12, 2022 / marketsanity.com

Fox News, Released on 6/12/22"Today, we are announcing a commonsense, bipartisan proposal to protect America's children, keep our schools safe, and reduce the threat of violence across our country. Families are scared, and it isContinue... Bipartisan group of senators announces agreement on gun control added by Herman James on 06/12/2022View all posts by Herman James ?+'Read More

Over $200K being spent on drag queen shows at NYC schools

June 11, 2022 / marketsanity.com

New York Post, Released on 6/11/22"I can't believe this. I am shocked," said public school mom and state Assembly candidate Helen Qiu, whose 11-year-old son attends a Continue... Over $200K being spent on drag queen shows at NYC schools added by Herman James on 06/12/2022View all posts by Herman James ?+'Read More

It has always been about the transfer of wealth to the top 1%

June 11, 2022 / marketsanity.com

Wall Street Silver - Twitter, Released on 6/11/22It has always been about the transfer of wealth to the top 1%. pic.twitter.com/39NpYfFtxn- Wall Street Silver (@WallStreetSilv) June 11, 2022 It has always been about the transfer of wealth to the top 1% added by Herman James on 06/12/2022View all posts by Herman James ?+'Read More

Blue Nile to Go Public with $873M Valuation

June 12, 2022 / www.diamonds.net

RAPAPORT... E-commerce jeweler Blue Nile is planning to list on the Nasdaq exchange, wooing investors with a projected compound annual growth rate of 8% to 17% over the next two years. The listing will be through a merger with Mudrick Capital, a special-purpose acquisition company (SPAC), with the new entity continuing to operate under the Blue Nile label, the firms announced Friday in a fili...Read More

Signet Settles Long-Running Gender-Bias Lawsuit

June 12, 2022 / www.diamonds.net

RAPAPORT... Signet Jewelers has agreed to pay $175 million to resolve a 2008 legal dispute involving 68,000 female workers who alleged it discriminated against women.Class members who filed the suit against Sterling Jewelers - the division of Signet that oversees Kay Jewelers and Jared - will receive about $125 million combined from the settlement, while the remainder will cover attorneys' fees an...Read More

LVMH Invests in Lab-Grown Producer Lusix

June 12, 2022 / www.diamonds.net

RAPAPORT... LVMH Luxury Ventures has joined two other investors in a $90 million funding round for lab-grown producer Lusix.The money will help Lusix open a new, solar-powered factory in Israel, where production is due to start this summer, the company said Friday."I don't think there's ever been, so far, a leading luxury brand that has invested in lab-grown diamonds," Lusix founder Benny Lan...Read More

IGI Grades 'World's Largest' Lab-Grown Diamond

June 12, 2022 / www.diamonds.net

RAPAPORT... The International Gemological Institute (IGI) has graded a 30.18-carat lab-grown that it claims is the world's largest polished synthetic diamond.Mumbai-based lab-grown company Ethereal Green Diamond created the emerald-cut, H-color, VS2-clarity diamond, named Pride of India, IGI said last week. The stone was made using chemical vapor deposition (CVD).The polished diamond was fashioned...Read More

GIA to Close Antwerp Lab

June 12, 2022 / www.idexonline.com

(IDEX Online) - GIA is to close its Antwerp grading lab, saying it is no longer economically viable.It will stop taking submissions on 1 July and cease trading altogether on 31 July.GIA indicated back in August 2020 that it could close or scale down the Antwerp operation. The Covid pandemic added to its woes, on top of a shift to manufacturing in India and banks' reluctance to lend. Belg...Read More

Muggers Steal Tourist's $1m Black Diamond Hublot Watch

June 12, 2022 / www.idexonline.com

(IDEX Online) - A US tourist had his unique $1m Hublot watch - set with over 32 carats of black diamonds - snatched from his wrist in Barcelona.He suffered minor injuries in the incident outside the five-star Mercer Hotel, where he is believed to have been staying. Unconfirmed reports identify the stolen watch as a Hublot Black Caviar Bang.The timepiece is described by its Swiss makers as a w...Read More

"Unique" Patek Philippe Sells for Record $2.5m

June 12, 2022 / www.idexonline.com

(IDEX Online) - A Patek Philippe watch made in 1990 and described as "possibly unique" sold for $2.5m at auction, smashing its $829,000 high estimate. The watch, Ref 3974, (pictured) was the most technically sophisticated watch of its day - with a minute repeater, a perpetual calendar, 24-hour indication and phases of the moon. It sparked a furious bidding war between 20 potential buyers at Phill...Read More

Engold drills 11.4 g/t AuEq over 2.5 metres at Lac La Hache, British Columbia

June 13, 2022 / www.canadianinvestor.com

Share this article VANCOUVER - Engold Mines Ltd.'s [EGM-TSXV; GWRRF-OTC] assays from quartz veins encountered in an upper portion of drill hole AZS22-83, targeting the Aurizon gold deposit at the 100%-owned Lac La Hache property in the Cariboo region of British Columbia, have returned significant gold values, including 2.5 metres grading 11.4 g/t AuEq (gold equivalent) and 7.11 metres grading 7...Read More

NGEx drills new high-grade copper-gold zone in Chile

June 13, 2022 / www.canadianinvestor.com

Share this articleVANCOUVER - NGEx Minerals Ltd. [NGEX-TSXV] has reported the discovery of a third zone of high-grade copper-gold mineralization at the Los Helados project in Chile.NGEx is the majority partner and operator at the large-scale Los Helados deposit, subject to a joint exploration agreement with Nippon Caserones Resources Co. Ltd. The project is located in Chile's Region 111.The new zo...Read More

Big Oil Is Robbing Us Blind (While Biden Watches)

June 13, 2022 / www.energyandcapital.com

It's incredibly tempting to solely blame Biden for the soaring gas prices in the U.S. Those lovely stickers that keep ending up stuck to the pump are amusing, but there's so much more to it than that. A more accurate message would be, "I Couldn't Do That Alone - Even If I Tried!"In fact, the president has almost been impressing me lately with his attempts to restabilize oil prices. He seems...Read More

Is This The Big One? Market Turmoil Ahead Of Fed Meeting | Michael Pento

June 13, 2022 / marketsanity.com

Liberty and Finance, Released on 6/13/22As markets sell-off again today, everyone is asking, "Is this the big one?" No one knows for sure, but portfolio manager Michael Pento says markets have much further to fall. "It's over.... We are in a bear market," he says. All financial markets in the developed world are in trouble, he notes. "The construct that we see today is probably the most dangerous...Read More

Rick Rule: Severe Reaction To Inflation Coming, Fed Will 'Chicken Out' of Tightening Cycle

June 13, 2022 / marketsanity.com

Stansberry Research, Released on 6/13/22"The response to inflation will be severe and dramatic like it was in the 1970's," once investors realize how much their purchasing power has been diminished, warns founder and CEO of Rule Investment Media, Rick Rule. We as a society have, "consumed and financed that consumption with debt that isn't backed with anything; that's the nature of inflation," he i...Read More

Michael Oliver: Wall Street Insiders About To Rush Gold & Silver

June 13, 2022 / marketsanity.com

Liberty and Finance, Released on 6/13/22Major fund managers are about to realize there only place to go for safety is precious metals. Join momentum analyst Michael Oliver as we discuss the coming movement from stocks into gold and silver!J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton's International Commodity Division, headquartered in N...Read More

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