Zero Hedge, Released on 11/23/22Besides the massive bank run which has drained the bank's capital, the Zurich-based bank said it expects losses in both the wealth management Continue... Credit Suisse Craters To Record Low After Revealing Staggering $88 Billion Bank Run added by Herman James on 11/23/2022View all posts by Herman James ?+'Read More
Asia Times, Released on 11/24/22One of the worst-kept secrets in global central banking is the extent to Continue... China's gold stockpiling is dollar warning sign added by Herman James on 11/24/2022View all posts by Herman James ?+'Read More
The Korelin Economics Report, Released on 11/23/22Jordan Roy-Byrne, Founder and Editor of The Daily Gold joins us to discuss the potential of a market crash next year and if it happens what would happen to the precious metals. He is seeing a very set up in gold compared to the times before market crashes. We also discuss the trends Jordan sees of the US Dollar and interest rates through next year....Read More
The company aims to achieve record production in Q4/22 to recover from the hit in Q3/22, noted an Echelon Capital Markets report.Wesdome Gold Mines Ltd. (WDO:TSX) earnings in Q3/22 missed targets due to lower-than-expected production, reported Echelon Capital Markets analyst Ryan Walker in a November 10, 2022, research note. Consequently, Echelon revised its rating and target price on the company...Read More
While comparing gold and bitcoin givessome idea of the patterns in the market, can the slide of junior miners bepredicted by the same method?Those of you who have been following myanalyses for a while may be expecting me to write that it is based on the stockmarket's rally and thus only temporary, as miners will follow gold soonerrather than later. That’s their ultimate source of revenue (cu...Read More
An unusually warm October has helped natural gas inventories, but gas prices don't seem to believe it. Oil has seen three days of heavy selling volume ending with a hammer candle stick Monday. Birchcliff, Callon, and Earthstone should benefit. Gold stocks have started a new bull market. The question is, will the gold price confirm it?The HUI index ran from a low of 180.41 on November 3, 2022, to a...Read More
Oil, like just about everything else that is related to the markets, bottomed around the March / April 2020 pandemic crash low. The oil complex had been one of the worst performing areas even underperforming the PM complex if that is possible. When oil did bottom it did so in dramatic fashion capitulating hard to the downside in one last climatic thrust.I built a few new combo chart this weekend,...Read More
Filo Mining has made public results from two drilling holes at its flagship project which has already attracted investment from BHP. Highlights include Hole 62 with 1,313m @ 0.Read More
Final EPA approval for the Florence in-situ leach mine, which is being developed on privately-owned rather than federal land, could become one of just a handful of new copper schemes that haveRead More
Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Women's Executive Network: Canada's Most Powerful WomenSPONSOREDonyen corporationThe fall resulted in a profit of £222 million (US$268.31)...Read More
Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Women's Executive Network: Canada's Most Powerful WomenSPONSOREDonyen corporationTirupati has completed construction on a second preconcentrate p...Read More
Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Women's Executive Network: Canada's Most Powerful WomenSPONSOREDonyen corporationBut is this the right approach for the industry, which needs to...Read More
Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Women's Executive Network: Canada's Most Powerful WomenSPONSOREDonyen corporationMacKenzie told investors that BHP was "a very different company...Read More
(IDEX Online) - Petra today announced sales of $61.3m during an extended October tender, in what it described as a "somewhat muted market".Revenue from its Tender 2 FY 2023 were down 40 per cent on Tender 1, in September, though the miner noted that volumes for the second tender cycle are typically lower than the first.Average price per carat fell sharply by 31 per cent from $198 at Tender 1 of FY...Read More
(IDEX Online) - A pink diamond valued at up to $35m has been withdrawn without explanation from auction in New York.The 13.15-carat emerald-cut fancy vivid gem, described as "VVS1 clarity, potentially internally flawless", had been due to lead Christie's Magnificent Jewels auction on 6 December.The auction house confirmed the diamond, belonging to a private collector, had been pulled from the...Read More
(IDEX Online) - Rolex is reportedly planning a $1bn new factory, which would create 2,000 jobs and allow it to crank up production.The company, privately owned by the Hans Wilsdorf Foundation currently produces just over 1m watches a year, but demand always outstrips supply. Rolex had a turnover of almost $8 billion in 2021, according to Morgan Stanley.Acccording to Swiss TV and newspaper rep...Read More
The desalinated water supply under this agreement will provide more than 45% of Los Bronces' needs while also providing clean water to about 20,000 people in nearby communities.Read More
"Our disagreement with consensus is even more visible when we focus on recession probabilities," Goldman said.Read More
With U.S. equity markets on holidays today, no pre-opening comments are offered. Responses to FOMC Meeting Minutes Minutes were released at 2:00 PM EST yesterdayU.S. equity indices moved higher after 2:00 PM ESTU.S. Dollar and related ETN: UUP moved lower after 2:00 PM ESTLong term U.S. Treasury bond yields moved lower. Long term U.S. Treasury bond prices moved higher after 2:00 PM ESTGold p...Read More
Ontario is starting a two-year, $5 million critical minerals innovation fund to support research and development of new technologies. The fund is to support Ontario-based new technologies in the supply chain for green energy like electric vehicles by connecting mineral resources in the north with manufacturing in the south, provincial mines minister George Pirie said in a news release on Thursd...Read More