Mish Talk, Released on 8/3/22The Fed wants to set interest rates at a neutral spot defined as the rate that is neither expansionary nor contractionary. The Fed is certain to fail.Continue... Mish Shedlock: The Fed Is Certain To Fail added by Herman James on 08/04/2022View all posts by Herman James ?+'Read More
The Felder Report, Released on 8/3/22It's hard to believe that even after dramatically outperforming the broad stock market for almost two years now, energy stocks still trade at a massive discount.Continue... Jesse Felder: It's Time To Get Greedy In The Energy Sector added by Herman James on 08/04/2022View all posts by Herman James ?+'Read More
Market Watch (via MSN), Released on 8/3/22"You know I have to say that I live ... I don't feel the pain of inflation anymore. I see prices rising, but I have enough that I can make substitutions, that I can do things. So I'm not immune to Continue... Out-of-touch Fed president says inflation is no big deal in Americans' lives added by Herman James on 08/04/2022View all posts by Herman James ?+'Read More
Citizen Free Press - Twitter, Released on 8/3/22The vaccines, the lockdowns, the masks, and the quarantine camps are working splendidly down under. https://t.co/WJE7Jkjind- Citizen Free Press (@CitizenFreePres) August 3, 2022 FAIL: Australia sets new record for COVID deaths despite tyrannical policies added by Herman James on 08/04/2022View all posts by Herman James ?+'Read More
Summit News, Released on 8/4/22A new poll from Rasmussen has found that a majority of voters agree that Democrats ran the economy "straight into the ground," with close to a whopping 40 percent of Democrat voters agreeing that is the case.Continue... Poll: Almost 40% Of Democrat Voters Say Democrats Have 'Run The Economy Into The Ground' added by Herman James on 08/04/2022View all posts by Herman...Read More
Quoth The Raven, Released on 8/3/22A million residents have been placed on lockdown. Are these more Covid precautions, or could something far more sinister be going on behind the scenes?Continue... Don't Look Now, But China Just Locked Down A Million Wuhan Residents Again added by Herman James on 08/04/2022View all posts by Herman James ?+'Read More
Gold Switzerland (via Dollar Collapse), Released on 7/26/22Why recession, rates and currencies all point to the rise of gold... What Piepenburg advisesContinue... Matthew Piepenburg: Gold's Rise Is Just a Recession Away added by Herman James on 08/04/2022View all posts by Herman James ?+'Read More
SWI, Released on 8/3/22Switzerland, a major global hub for gold, has followed the EU in banning imports of Continue... Switzerland adopts EU sanctions on Russian gold added by Herman James on 08/04/2022View all posts by Herman James ?+'Read More
In a terse statement within its June quarter results, the company said the partners determined that the project does not currently meet their investment thresholds for development at this time.Read More
An update of the project by the firm revised go forward attributable initial capital spending to US$1.335 billion, higher than a previous estimate of $1.2 billion-$1.Read More
British Columbia posted the largest increase in exploration spend among Canada's provinces year-over-year in 2021, with a 124% jump to US$493 million, according to S&P Global's 2022 WorldRead More
The Nasdaq-listed firm earned lower-than-expected royalty revenue from its Cortez, Voisey's Bay, Canadian Malartic and Robinson interests.Read More
Alicanto wows with maiden resourceSPONSOREDalicanto mineralsSavannah eyes major Li production in PortugalSPONSOREDsavannah resourcesMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDTwo quarters of contracting US GDP have triggered a debate about whether the world's largest economy is in the midst of a recession and whether the central bank needs to shrink demand still moreRead More
News: Diamond market quiet. Deep concerns about trading slowdown and prospects for 2H. US retail steady; jewelers cautious about buying large amounts of inventory. China sluggish amid rising geopolitical tensions and economic uncertainty. Mumbai IIJS show opens with spotlight on domestic jewelry market, exchange rate volatility, and rough supply. Rough trading stable as Alrosa's isolation spurs d...Read More
RAPAPORT... The Responsible Jewellery Council (RJC) has appointed industry veteran Satta Matturi to its board of directors.Matturi, who founded and runs the brand Matturi Fine Jewellery, also has a consultancy business offering business advice to the trade, including on rough procurement and polished sourcing. Earlier in her career, she spent 17 years working in diamond sales and rough valuation,...Read More
RAPAPORT... Canadian diamond manufacturer HRA Group has made its first splash in the lab-grown market, securing an exclusive partnership with Texas-based producer Plasmability.HRA, a former De Beers sightholder, will cut and polish Plasmability's rough and distribute the finished stones to the market, the companies said in a statement Wednesday.Plasmability uses the chemical vapor deposition...Read More
(IDEX Online) - Dozens of jewelry items and watches that Elvis Presley and other gave to his manager, Colonel Tom Parker, are being sold.The online auction, by Kruse GWS Auctions, in Los Angeles, runs until 27 August.Parker represented Elvis from 1956 until the singer's death in 1977 - and received more than half his income.The collection was considered "lost" for decades, but was assembled f...Read More
(IDEX Online) - Switzerland yesterday banned the importation of gold and other metals from Russia as the war in Ukraine continues.The government has outlawed the "buying, importing or transporting gold and gold products from Russia".Switzerland refines as much as 70 per cent of the world's total gold output and its watchmaking industry is a significant consumer.The country, traditionally take...Read More
(IDEX Online) - LVMH saw H1 revenue rise by 28 per cent, to $37.3bn, as Tiffany & Co. enjoyed an "excellent" half-year.The French luxury conglomerate said all its business groups achieved double-digit organic revenue growth over the period.Watches and jewelry grew by 16 per cent and they saw a 26 per cent increase in profit from recurring operations, up to $1bn for H1 2022."Tiffany & Co. e...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for the June Trade Deficit was $82.2 billion versus $85.6 billion in May. Actual was $79.6 billion. Consensus for Weekly Jobless Claims was 260,000 versus 254,000 last week. Actual was 260,0...Read More