RAPAPORT... Hong Kong's retail sales of jewelry and other hard-luxury products increased for the fifth consecutive month as the coronavirus situation eased.Revenue from jewelry, watches, clocks and valuable gifts rose 4.3% year on year to HKD 3.3 billion ($420.1 million) in August, the municipality's Census and Statistics Department reported Friday.Sales across all retail categories slipped 0...Read More
RAPAPORT... Belgium's parliament has voted in favor of a new banking law, paving the way for easier access to financial services among Antwerp's diamond dealers.The Basic Banking Law, which must still pass further obstacles, guarantees fundamental banking services to all Belgian companies. Businesses that suffer three refusals from a bank may file a request to a new Basic Banking Services Cha...Read More
(IDEX Online) - Indian's diamond industry is urging banks to raise loan limits after the rupee hit a record all-time low against the dollar. Export credits are fixed in rupee, leaving diamantaires less and less able to buy rough supplies. They have been calling on the government-owned Reserve Bank of India to follow a 2013 regulatory directive designed to insulate exporters from some currency...Read More
(IDEX Online) - Losses among rounds were less marked than last month, as seasonal demand increased. Goods of 0.50-cts and up showed more mixed movement, and fancies saw significant gains, especially among 1.00-cts-2.99-cts goods. There has been some pickup in business in the last two or three weeks, though not what we'd expect in "normal" times.Gains among commercial goods (0.50-cts to 2.00-c...Read More
The financial world experienced a historic first this month. Prosecutors just revealed that the first case of cryptocurrency insider trading recently made it to court. Of course, no one actually believes this is the first time someone traded crypto on inside information. It's just the first time anyone got caught. A 26-year-old former employee of Coinbase, one of the world's top crypto exchanges...Read More
Share this article VANCOUVER - Nevada Sunrise Metals Corp. [NEV-TSXV; NVSGF-OTC], formerly Nevada Sunrise Gold Corp., reported that commencement of the Phase 2 drilling program at the 100%-owned Gemini Lithium Project is imminent.Gemini is located in the Lida Valley basin in Esmeralda County, Nevada approximately 23 miles (35 km) southeast of North America's only lithium mine at Silver Peak, Neva...Read More
No, I'm not coming on to you. My appreciation comes from a purely scientific perspective, I swear. Aesthetics aside, eyes are incredible pieces of hardware. They're one of the few human components that engineers still can't quite beat. We have ultra-sensitive microphones that are far more powerful than a human ear... Hydraulic muscles and steel bones that can move more weight than an entir...Read More
Liberty and Finance, Released on 10/3/22The debt bubble is the greatest economic threat currently, says market trader Gregory Mannarino. Inflation continues to run hot as the bond market is experiencing increased volatility. He says we're seeing the death of currencies. At the end of the day, inflation is theft, taking purchasing power from the holders of cash. Central bank talk about raising rate...Read More
Wall Street Silver, Released on 10/3/22Lawrence Lepard joins the show to give his opinion on how dire the situation will be going into 2023. Furthermore, we talk about the UK economy spiraling out of control, the energy crisis, and more.Lawrence W. Lepard founded Equity Management Associates. Currently, he is Managing Partner at Equity Management Associates LLC and Limited Partner at Johns Creek P...Read More
Arcadia Economics, Released on 10/3/22The last few months of trading in the silver market have seen a divergence between the selling on the COMEX and in the SLV shares, and consistent buying in the retail physical silver market. Now that's resulting in many products getting harder to find again, with some wholesalers saying they are sold out on several items and are weeks away from having more. P...Read More
Rebel Capitalist, Released on 10/3/22George 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
Blockworks Macro, Released on 10/3/22 (Recorded on 9/29/22)00:00 Introduction00:30 Chaos In the U.K. Government Bond ("Gilt") Market08:53 What's Next To Break?15:41 What Can Bring Inflation Down (Other Than A Global Recession)?19:18 The Stress On Banks Is Tremendous"22:02 Bittrex ad22:37 The Stress On Banks Is Tremendous"33:46 Are Bonds Attractive At These Levels?36:56 Bianco's Outlook on Stocks38...Read More
Palisades Gold Radio, Released on 9/30/220:00 - Introduction0:46 - Financial Conditions1:53 - Monetary Restraint4:50 - Permanent Distortions9:22 - Monetary Power11:40 - Following Suit13:57 - Banking Collusion19:45 - They Don't Care21:42 - Increasing Volatility24:45 - Marginal Utility29:05 - Feds Inflation Talk33:52 - Yen & Pound Interventions38:00 - Energy & Europe41:12 - Wrap UpNomi Prins is an A...Read More
CNBC, Released on 10/3/22Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens' College, Cambridge, and CNBC's Rick Santelli join CNBC's 'Squawk Box' to discuss concerns over Credit Suisse's financial health and more ahead of the open.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment...Read More
Citizen Free Press - Twitter, Released on 10/2/22I'm not one to usually be left speechless but... pic.twitter.com/S1L6CGdQHW- Tayler Hansen (@TaylerUSA) October 3, 2022 "The pandemic is over" but for millions of Americans the psychological toll will be permanent added by Herman James on 10/03/2022View all posts by Herman James ?+'Read More
Armstrong Economics, Released on 10/3/22There is no other outcome but war and it will unleash at the least tactical nuclear weapons. Continue... Armstrong: Will There Be Nuclear Weapons? added by Herman James on 10/03/2022View all posts by Herman James ?+'Read More
The Market Ticker, Released on 10/3/22So here we are. Good luck folks.Continue... Karl Denninger: Is The Fed About To Destroy America? added by Herman James on 10/03/2022View all posts by Herman James ?+'Read More
Mish Talk, Released on 10/1/22Let's discuss the shrinking middle class and why it's happening.Continue... Mish Shedlock: America's Middle Class is Vanishing, Who or What Is to Blame? added by Herman James on 10/03/2022View all posts by Herman James ?+'Read More
Wolf Street, Released on 9/30/22Everyone wants to know when inflation is finally going to cry uncle.Continue... Wolf Richter: Inflation Just Isn't Slowing Down at All added by Herman James on 10/03/2022View all posts by Herman James ?+'Read More
Zero Hedge, Released on 10/3/22The housing market is finally getting unglued: less than a week after Case Shiller (which reports home prices with a substantiakl laga) reported the first negative monthly change in home prices...Continue... Home Prices Crash At Fastest Pace Since Lehman Bankruptcy added by Herman James on 10/03/2022View all posts by Herman James ?+'Read More