The Jerusalem Post, Released on 7/17/22"In a few days we were able to enrich uranium up to 60% and we can easily produce 90% enriched uranium. Iran has the technical means to produce a nuclear bomb but there has been no decision by Iran to build one," Kamal Kharrazi said.Continue... Iran says it's now 'capable of building nuclear bomb' added by Herman James on 07/17/2022View all posts by Herman Ja...Read More
RAPAPORT... Until December 2021, De Beers cited Covid-19 as the reason for repeated delays to its talks with Botswana over a new sales deal. The old agreement was supposed to expire at the end of 2020. De Beers and the government extended the existing arrangement for a year. With the pandemic's logistical challenges remaining, they deferred it again for another six months.The miner is no long...Read More
RAPAPORT... US retail sales saw soft growth in June as consumer prices climbed, especially for essential goods.Revenue rose 1% from the previous month, versus a 0.1% decrease in May, according to data the US Census Bureau released last week. June sales climbed 8% compared with a year earlier. Inflation is causing consumers to modify their spending behavior and prioritize essentials such as food, e...Read More
RAPAPORT...The lab-grown diamond industry has seen a boom in interest in the past two years, with many in the mainstream jewelry trade embracing the product in their sales offerings. Yet how does this recent acceptance impact the natural-diamond sector, and how will the two products coexist? These themes took center stage in the first of a series of webinars sponsored by the International Gemologi...Read More
RAPAPORT... A robust performance at Richemont's jewelry and watch brands boosted revenue in the first fiscal quarter amid a return to tourist spending as well as strong local demand in the US and Europe.Proceeds from the group's jewelry maisons - Cartier, Van Cleef & Arpels, and Buccellati - rose 20% year on year to EUR 3.02 billion ($3.04 billion) for the three months ending June 30, the comp...Read More
(IDEX Online) - A 38-carat Goloconda diamond that once belonged to socialite Christina Onassis is being offered for sale with a $7.5m price tag.The pear-shaped Type IIa, D-color, VVS1-clarity stone was set into a pendant necklace by Jacques Timey for the King of Diamonds, Harry Winston.The platinum and white 18K gold necklace (pictured) has an additional 20.00 to 25.00 total carats, of G col...Read More
(IDEX Online) - The UAE accounted for almost a third of Israel's rough diamond imports and almost a fifth of its exports last month, according to new figures.There was no official trade of any kind between the two countries before the Abraham Accords, signed in September 2020, normalized relations.But in June, Israel imported approximately $64m of rough diamonds from the UAE, which is about 3...Read More
(IDEX Online) - A criminal who defrauded 30 jewelry stores using stolen credit and debit cards he bought on the dark web has been jailed for more than six years.Hasan Howard, 23, of Cleveland, Ohio, USA, was also ordered to pay $261,000 in restitution.He and co-conspirators bought high-value jewelry and watches in store and over the phone, according to court documents.He and others bought $19,000...Read More
Spread the loveCOMMENT: I thought you were just a Trumper warning what would happen if Biden won. I have come back to your site because I can see inflation approaching 10% as you said and the dollar is rising which made no sense as gold stalled. I think you also said that real estate will decline perhaps into 2023. Has there ever been such a wild combination of events?ThanksPeteANSWER: It gives me...Read More
With valuations creeping lower by the day, it's only a matter of time before the great market reversal of 2022...That might be a little ambitious, as the upcoming earnings season will likely bring more pain to companies that haven't been performing well.But if you've been reading us for any length of time, you know we're contrarians here at Outsider Club.When the market zigs, we zag.And when...Read More
The funds will be used to explore the Luanga platinum group metals, gold and nickel project in the Carajas mining district in Para, Brazil, and to make payments under the optionRead More
There's a trillion-dollar war being waged in America as we speak. Instead of guns and artillery, it's being fought with suspiciously timed opinion pieces and shady special interest groups. Like it or not, none of us can escape the battlefield. The internet is no longer equal ground. Now that a handful of companies like Amazon and Google control most of the world's web services, they can direct t...Read More
Liberty and Finance, Released on 7/18/22"This is the end of the financial system in the West," says financial author, Marine, and Naval Aviator Bob Moriarty. "Most people are going to lose most of what they have." The general equity market is already showing signs of weakness, and he believes it has much further to fall. He says precious metals have bottomed and the coming move in gold, silver, an...Read More
Financial Survival Network, Released on 7/18/22Stupid people are running the world and especially the West.Germany is facing a winter with no Russian Natgas and a potential die off.They're setting up warming stations for those without heat.Now they're running a trade deficitIs the death of the Euro imminent?Debt chaos is coming and the Euro hit parity with the US Dollar. Massive loss of faith.The...Read More
Stansberry Research, Released on 7/18/22Real inflation figures are, "somewhere near [the 20% range], not 9.1%," exclaims market expert Todd "Bubba" Horwitz, the founder of bubbatrading.com. "I don't think we will stop seeing rate hikes until the end of the year, [inflation] is not going to go away," he tells our Daniela Cambone. The Fed's rate hike plan will unleash stagflation, which could "take...Read More
Kitco News, Released on 7/18/22Steve Hanke, professor of Applied Economics at Johns Hopkins University, has accurately predicted that inflation in the U.S. will reach 6% to 9%. With the latest headline CPI release coming in at 9.1%, Hanke told David Lin, Anchor for Kitco News, that inflation has peaked for now.0:00 - Peak inflation4:30 - The Price Is Right9:45 - Living standards vs. inflation12:30...Read More
What Bitcoin Did, Released on 7/18/22Jeff Snider is co-host of the Eurodollar University podcast and Head of Global Research at Atlas Financial Advisors. In this interview, we discuss the fundamentals of money, how the Eurodollar controls the global monetary system, and signals of a deflationary depression.00:00:00 Introduction00:02:24 What is money?00:17:43 The Eurodollar system00:27:57 From the...Read More
Rebel Capitalist, Released on 7/18/22George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at th...Read More
Lex Fridman, Released on 7/17/220:00 - Introduction1:51 - Defining economics8:50 - Schools of economics33:10 - Karl Marx51:24 - Labor theory of value1:11:10 - Socialism1:26:12 - Soviet Union1:39:33 - China1:59:24 - Climate change2:21:27 - Economics vs Politics2:29:30 - Minsky's model2:44:14 - Financial crisis2:49:31 - Inflation3:02:46 - Marxism3:10:06 - Space and AI3:16:11 - Advice for young peopl...Read More
Rebel Capitalist, Released on 7/18/22George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at th...Read More