The Daily Gold, Released on 7/13/22The bullish reversal in precious metals today coupled with a change in the market's expectations of Fed timelines has us thinking about a potential bottom in precious metals. Indicators show that GDXJ is at its most oversold point since late 2014. Gold is pretty oversold as well. So a rally is to be expected and likely began this morning. Fed expectations over th...Read More
Armstrong Economics, Released on 7/14/22Trudeau wants her to be an example for any dissenters, similar to how Biden is treating the January 6 suspects. Western nations are overtly arresting anyone who does not comply with their agenda and this type of situation has been normalized.Continue... Armstrong: Freedom Convoy Organizer Tamara Lich's Bail Revoked added by Herman James on 07/14/2022View all...Read More
James Melville - Twitter, Released on 7/14/22China ????????The Bank of China in Zhengzhou is stormed by protesters after banks had frozen deposits because of upgrades to internal systems, but had not been in communication since then. Some 39bn yuan ($5.8bn; ?4.9bn) is believed to have been frozen.pic.twitter.com/Lo456zF2d6- James Melville (@JamesMelville) July 13, 2022 VIDEO: Bank of China storme...Read More
Armstrong Economics, Released on 7/14/22Children suffered the worst long-term consequences of the lockdowns. "The State of Global Learning Poverty: 2022 Update," found that an alarming 70% of middle and lower-class 10-year-olds Continue... 70% of 10-Year-Olds Cannot Read After Lockdowns added by Herman James on 07/14/2022View all posts by Herman James ?+'Read More
Arielle Scarcella - Twitter, Released on 7/13/22If Titanic Sunk In 2022... added by Herman James on 07/14/2022View all posts by Herman James ?+'Read More
Kitco, Released on 7/14/22The recent action has brought out the cries of manipulation, add in the JPMorgan trial Continue... Todd "Bubba" Horwitz: There's no long-term manipulation of precious metals added by Herman James on 07/14/2022View all posts by Herman James ?+'Read More
USA Gold, Released on 7/13/22Since 1971, when the gold standard was abandoned, gold has largely seen positive price changes during recessions. Continue... How gold performs during recessions... added by Herman James on 07/13/2022View all posts by Herman James ?+'Read More
Technical Analyst Clive Maund explains why this junior gold explorer in Papua New Guinea that is gearing up to go far is a Buy in his book.We have a very positive setup now in Kainantu Resources Ltd. (KRL:TSX.V; 6J0:FSE), especially for new buyers.We can see on its charts below that it got badly beaten up by the severe sector decline of the past couple of months, but with the sector now deeply ove...Read More
This green tech company will use its rock-eating bugs to process gold from mining production in Ecuador and possibly somewhere near you.BacTech Environmental Corp. (BAC:CSE;BCCEF:OTC;OBT1:FRA) said it has signed letters of intent with several mining cooperatives to deliver up to 58 tonnes per day (tpd) of gold concentrates to be processed at its new bioleaching plant in Ecuador.The company said it...Read More
Russia’songoing invasion of Ukraine continues to take an incredible human toll, withthe very latest updates from the Office of the United Nations revealing thatsome 4,509 civilians had been killed in the conflict to date.However,this geopolitical conflict has also caused significant financial and marketdisruption, from compounding the rise in global energy prices to significantlydisturbing t...Read More
Concerns about global economic growth have become more pronounced in recent months as rising inflation, the ongoing Russia-Ukraine conflict and the ongoing tightening cycle by the US FederalRead More
Barrick produced 1.04 million ounces of gold and 120 million pounds of copper in the second quarter and said it remained on course to meet guidance.Read More
Shareholders and analysts will be watching Freeport-McMoRan's second quarter performance closely for a wider industry read on the impact of lower metals prices, inflation and economic deterioration,Read More
News: Polished market flat during summer lull. US jewelers optimistic for 2H despite economic uncertainty and inflation +9.1% in June. Rough prices stable at De Beers sight. Manufacturers competing for responsibly sourced rough. Cutters have reduced operations due to scarcities and lower polished demand; larger factories shifting between natural and lab-grown production based on availability and...Read More
Mining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDHomegrown and future-focused: a battery and critical metals discovery in the USASPONSOREDstill waters critical mineralsEclipse Metals to Explore Rare Earth Potential of Historic Greenland MineSPONSOREDeclipse metals ltdPensana Plc to provide UK-produced rare earth resourcesSPONSOREDpensanaThirty years ago, nuclear power plants...Read More
RAPAPORT... Chow Tai Fook's sales fell in the first fiscal quarter amid a resurgence of the coronavirus and a drop in tourism.Retail sales value across the group slipped 3.7% year on year for the three months ending June 30, the Hong Kong-based jeweler reported Tuesday. The figure dipped 2.8% in mainland China and 11% in Hong Kong, Macau and other markets.Sales were also lower due to an unfavorabl...Read More
(IDEX Online) - Crime has cost US jewelers $2.2 billion in the last two decades, says the JSA, after adjustments for inflation.The total figure for 2021 was just over $70m, down from $83m the previous year, said the New York-based Jewelers' Security Alliance Releases in its newly-released 2021 Annual Crime Report.But the total number of crimes was up from 1,438 to 1,687, an increase of 17 per...Read More
(IDEX Online) - An Indian jeweler has landed a Guinness World Record with a ring made with 24,679 natural diamonds.The Touch of Ami took 90 days to make at SWA Diamonds, in Malappuram Inkel Educity, Kerala.It takes the title Most Diamonds Set in One Ring from the previous record holder Renani Jewels, based in Meerut, India. Their Ring of Prosperity is set with 12,638 individual diamonds."It is our...Read More
(IDEX Online) - Nehal Modi, younger brother of fugitive diamantaire Nirav Modi, has been convicted by a US court of fraudulently obtaining diamonds worth over $2.6m.Modi, 41, a diamond trader, made false representations between March and August 2015, regarding a purported deal with Costco Wholesale Corporation to obtain the gems LLD, also known as Lev Leviev Diamonds.He then liquidated the d...Read More
The research firm said the energy transition will cause a near doubling of copper demand by 2035 leading to "unprecedented and untenable" supply deficits unless significant new copper supply comesRead More