(IDEX Online) - Diamond Standard, the fintech startup that has turned diamonds into a market-traded commodity, has closed on a $30 million investment round.The US-based company launched an IPO last February, offering the first 5,000 diamond standard coins (pictured), weighing 4.5 carats for $5,000 each.It is standardizing diamond values with the coins - and now also with bars - which each contains...Read More
(IDEX Online) - At least three people died when a dam holding waste from a disused diamond mine burst in South Africa.Houses were swept away by a devastating mudslide and floodwaters at Jagersfontein, about 60 miles from Bloemfontein, in Free State province, at dawn on Sunday.An estimated 300 people have been left homeless as the area was covered in grey sludge from the tailings dump. Twenty-three...Read More
(IDEX Online) - The "courtesy watches" provided by Hublot to its customers have proved to be a victim of their own success.Owners have been so taken with the loan replacements - clearly marked "NOT FOR SALE" on the face - that they've held onto them and forfeited the timepiece they sent for service or repair.The black composite Atelier (French for workshop) with its quartz movement, has becom...Read More
At Santa Cecilia, Torq recently signed a seven-year social access agreement, allowing drilling and other exploration activities to commence in one of the most prospective districts in Chile.Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were up 1 point at 7:30 AM EDT.A tentative labour agreement between railway companies and their unions was reached this morning.A series of U.S. economic news is scheduled to be released before the opening todayAugust Retail Sales released at 8:30 AM EDT are expected to increase 0.5% versus a gain of 0.8% in July. Excluding aut...Read More
Stocks stabilized today after yesterday's bloodbath, the market's worst day in over two years. But if you're tempted to "buy the dip," I'd think twice. The worst may be yet to come. Here's a little tip:A colleague has informed me that institutional traders - not mom and pop retail investors - have recently taken out over $8 billion in "crash protection." That's a record high.The last time we saw s...Read More
Welcome to the Market Herald Video Q&A Podcast. I'm Brieanna McCutcheon. With...Read full newsRead More
"When the whole world is running towards a cliff, he who is running in the opposite direction appears to have lost his mind."- C.S. LewisDear Outsider,I want you to pay close attention to the quote above.It's how we operate here at Outsider Club.When the greedy Wall Street bankers go one way, we like to run as fast as we can in the opposite direction.Take the latest story out of Morgan Stanley, f...Read More
Agnico Eagle will subscribe for US$580 million of Teck's Minas de San Nicolás (MSN) which owns the San Nicolás project under the transaction, giving it a 50% interest in MSN.Read More
Share this article VANCOUVER - Agnico Eagle Mines Ltd. [AEM-TSX, NYSE] has agreed to subscribe for a 50% interest in Minas de San Nicolas, SAPI de CV, a wholly owned subsidiary of Teck Resources Ltd. [TECK.A, TECK.B-TSX; TECK-NYSE] which owns the San Nicolas copper-zinc development project located in Zacatecas, Mexico. As a result of the Transaction, Teck and Agnico Eagle will become 50/50 joint...Read More
We spoke with, John Lee, who is CEO of Flying Nickel Mining Corp. (TSX-V: FLYN; OTCQB: FLYNF), a premier nickel sulphide mining and exploration Company, advancing its 100% owned Minago Nickel project, in the Thompson nickel belt, in Manitoba, Canada. The combined open pit and underground mineral resource estimate, published in 2021, includes a Measured and Indicated mineral resource of 44.23 milli...Read More
All is well; nothing to see here, folks. Never mind that year-over-year inflation came in at 8.3%, U.S. crude oil output has stalled at a hair over 12 million barrels per day, or that the U.S. government is selling more crude oil from our Strategic Petroleum Reserve at a rate of more than a million barrels per day.Again, all is well. At least, that's what we're told. After all, gas isn't $6 a ga...Read More
Palisades Gold Radio, Released on 9/16/220:00 - Introduction0:34 - Bear Market Starting4:39 - Bonds, Spreads, & Banks11:40 - Targeting Inflation15:42 - Indicators & Fed Reliance19:20 - Government Insults22:00 - IRS Growth & Taxes28:33 - The Peak of Inflation30:52 - Economic Apocalypse33:45 - Gold & Positioning38:10 - Wrap UpMichael Pento is a specialist in Austrian economics and is the President o...Read More
Maneco64, Released on 9/16/2200:00 Introduction00:35 The economic outlook01:58 Strong dollar abroad but losing purchasing power at home07:25 Losing reserve currencies status exacerbates inflation08:19 Silver being drained from Comex and LBMA22:00 Potential for a short squeeze similar to Hunt Brothers squeeze in 198023:09 fed policy going forward30:38 Rest of the World has had enough of the West's...Read More
Wealthion, Released on 9/16/22For Part 1 of this interview, CLICK HEREJim returns for Part 2 of his interview with Stephanie Pomboy in which he explains that, should the Fed pivot back to easing before inflation is fully tamed, it risks re-igniting the CPI back up as high as a horrific 15%. He also shares his reasons for thinking that CBDCs are inevitable - in fact, already in progress.Stephanie P...Read More
The Jay Martin Show, Released on 9/15/22Danielle DiMartino Booth of Quill Intelligence believes it's obvious that a recession is already upon us, and it might only get worse from here. She joins Jay to discuss inflation, supply constraints, the housing market and, perhaps most importantly, how to protect your wealth in our current economic environment.00:00 Introduction00:12 Transitory or Persiste...Read More
Kinesis Money, Released on 9/16/22In this week's Live from the Vault, the president of BMG Group and author of the "$10,000 Gold" book, Nick Barisheff, joins Andrew Maguire to share his unique approach to the subject of physical gold as a tool of survival and prosperity. The industry legend comments on the globally observable socio-political unrest, as keeping money in the bank becomes uncomfortab...Read More
Mercola (via Lew Rockwell), Released on 9/16/22Censored topics included stories involving COVID jab refusal, especially those involving military refusals andContinue... Illegal Collusion Between Government and Big Tech Exposed added by Herman James on 09/16/2022View all posts by Herman James ?+'Read More
Igor's Newsletter, Released on 9/15/22The things that most of us know and talk about, are appearing in the so-called "mainstream press" - after the damage was all done, of course.Continue... The mainstream press is finally beginning to admit the truth about Bill Gates and the pandemic added by Herman James on 09/16/2022View all posts by Herman James ?+'Read More
International Man, Released on 9/16/22The true science makes mincemeat of the elitist narrative espoused by LagardeContinue... David Stockman on Why "Global Warming" Did Not Cause Today's Economic Disasters-Governments Did added by Herman James on 09/16/2022View all posts by Herman James ?+'Read More