The Epoch Times (via Zero Hedge), Released on 8/28/22The Chief of the European Central Bank (ECB) has said that climate change is behind soaring inflation, stating that droughts and famines are driving up prices.Continue... European Central Bank Chief Blames Climate-Change For Red-Hot Inflation added by Herman James on 08/28/2022View all posts by Herman James ?+'Read More
Nick Freitas - Twitter, Released on 8/26/22Ford just hiked the cost of their electric Mustang by over $8,000.That's what happens when governments subsidize demand. You get a $7,500 tax credit to buy an EV and the cost of the EV goes up by $8,000.- Nick Freitas (@NickForVA) August 26, 2022 This is what happens when governments subsidize demand... added by Herman James on 08/28/2022View all posts by...Read More
The Moscow Times, Released on 8/26/22Russia has significantly ramped up gold exports to China as Western governments Continue... Russia redirects gold exports to China with 30% discount added by Herman James on 08/28/2022View all posts by Herman James ?+'Read More
SD Bullion, Released on 8/26/22Putin Wants His Own Gold Price Discovery - Moscow World Standard added by Herman James on 08/28/2022View all posts by Herman James ?+'Read More
RAPAPORT... Sales declined at Hong Kong-based retailer Chow Sang Sang in the first half of 2022, when a fifth coronavirus wave hit consumer spending across greater China.Group revenue slid 7% year on year to HKD 10.09 billion ($1.29 billion) for the six months, the jeweler reported Thursday. Retail sales slipped 1% to HKD 9.67 billion ($1.23 billion). Other revenue, mainly from property inves...Read More
RAPAPORT... India's polished-diamond exports fell 13% year on year in July, according to recent data from the Gem & Jewellery Export Promotion Council (GJEPC). The decline reflects a global market slowdown and an unfavorable comparison with 2021's post-lockdown rebound.India Trade Data for July 2022 Read More
RAPAPORT... It's almost 45 years since a 20-year-old Steven Lagos started a small jewelry-repair business in Philadelphia's Jewelers' Row district.Today, the Lagos jewelry brand is represented in more than 350 retail doors, including some of the most prestigious department stores in the US, such as Neiman Marcus and Bloomingdale's. The company specializes in silver jewelry adorned with natura...Read More
(IDEX Online) - Exports of Swiss watches hit their highest monthly total in almost eight years, amid "very positive" sales.Total foreign sales for July were $2.31bn, up 8.3 per cent on the same month in 2021, according to the the Federation of the Swiss Watch Industry. It's the highest monthly result since October 2014.Much of the growth was driven by watches priced for export at o...Read More
(IDEX Online) - Tanzania's diamond revenue slumped by 55 per cent in the second quarter of this year, down from $38.4m to $17.4m.Production was also significantly reduced, from 108,165 carats to 63,973 carats, said the Bank of Tanzania. That's a drop of 41 per cent.Williamson (pictured), the country's only large-scale mine, was put on care and maintenance last year by UK-owners Petr...Read More
(IDEX Online) - The Responsible Jewellery Council (RJC) has updated its Human Rights Due Diligence Toolkit, originally published in 2013.It includes practical step-by-step advice that will help members to meet the requirements of COP 6 Human Rights.The London-based jewelry and watch standards organization says each step includes a practical set of tools, including templates, forms, and checklists...Read More
It might not have made the news, but Putin actually seized control of Europe years ago. He turned the entire continent into his private fiefdom without firing a single shot. Putin's battle strategy was to turn Russian oil and gas into a political opiate. Some of the most powerful governments in the world immediately got hooked with no plans to get clean, all the while screaming, "I can quit anyti...Read More
Share this articleVANCOUVER - Hemlo Explorers Inc. [HMLO-TSXV] shares rallied Monday after the company said it has signed a definitive agreement that gives Barrick Gold Corp. [ABX-TSX, GOLD-NYSE] the right to earn a 80% in interest in the company's Pic project in northwestern Ontario.The company said the gold mining major has also agreed to subscribe for, on a private placement basis, 1.84 milli...Read More
Writing about this topic is nerve-racking. It's rare to encounter an event with the potential to bankrupt so many investors.I'm typically focused on advice that will make our readers money. Offensive plays have been the go-to strategy during the past years' bull market, especially in the energy sector. Those days are over. I'm sorry to be blunt, but we're in damage-control mode now - even if mos...Read More
We spoke with Stephen Hanson, who is Founder, President, and CEO of ACME Lithium Inc. (CSE: ACME, OTCQX: ACLHF), a lithium exploration company, with a world class portfolio of projects, located in the United States and Canada. ACME has acquired, or is under option to acquire, a 100-per-cent interest in projects, located in Clayton Valley and Fish Lake Valley, Esmeralda County, Nevada, and at Cat-E...Read More
moneycontrol, Released on 8/25/22James Grant, Editor, Grant's Interest Rate Observer talks to N Mahalakshmi about the impact of the long spell of easy money on inflation, and how this sets the stage for an all new-era of high inflation and interest rates with implications for asset pricing across financial markets.James "Jim" Grant is an American writer and publisher and the founder of Grant's Int...Read More
Howe Street, Released on 8/25/22*The interview begins at 00:55Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Jim Willie: Dumbest Peo...Read More
Doug Casey's Take, Released on 8/29/22 Join our email list to get Special reports and updates: https://dougcasey.substack.com/aboutConnect with us on Telegram: https://t.me/dougcaseyDoug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provid...Read More
CNBC, Released on 8/29/22Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens' College, Cambridge, joins CNBC's 'Squawk Box' to break down Fed Chair Jerome Powell's Jackson Hole comments and what they mean for markets.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...Read More
Financial Repression Authority, Released on 8/29/22 (Recorded on 8/25/22)http://financialrepressionauthority.c...Support us on Patreon - https://www.patreon.com/roundtableins...Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble begin...Read More
Newsmax, Released on 8/24/22Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York...Read More