Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market, specifically the copper and gold sector.The "Drive for Five" (as in FIVE thousand for the S&P 500) is now complete.With a 29.6% allocation comprised of the "Magnificent Seven" mega-cap stocks that have led the advance since late October, the S&P 500 has used that extraordinary rocket fuel to blast throug...Read More
Could another bubble burst like the "Dotcom Bubble," which helped usher in a decade-long gold bull market with extraordinary gains, be on its way? Surprisingly, some analysts and experts say there are similarities between then and now.Could another bubble burst like the "Dotcom Bubble," which helped usher in a decade-long gold bull market with extraordinary gains, be on its way?Hussman Investment...Read More
(IDEX Online) - De Beers today (13 February) announced the launch of its latest lab grown diamond detector, capable of screening 2,500 of the smallest melee in an hour.The AMS Micro (Automated Melee Screening) uses robotic technology to work with stones as small as 0.001-cts, a significant improvement on the 0.0032-cts capacity of its predecessor, the AMS.The new instrument automatically separates...Read More
(IDEX Online) - Emerald jewelry that lay undiscovered at the bottom of the sea for 363 years has gone on display in New York.Three items - a royal orb, a cross on a necklace, and a ring - have been bought by Muzo Emerald Colombia, the company that know operates the iconic mine where the emeralds were originally mined.They were on board the the treasure galleon Nuestra Senora de Atocha,...Read More
(IDEX Online) - Kering, the French luxury group that owns Boucheron and other high jewelry maisons, reported a 4 per cent drop in revenue during 2023 to $21.1bn. Revenue during the final quarter fell by 6 per cent.The company did not provide a revenue breakdown for its jewelry and watch brands - including Pomellato, DoDo, and Qeelin. They come under the "other houses" category, which saw 1 9 per c...Read More
Equity index futures were lower this morning. S&P 500 futures were down 54 points at 8:35 AM EST.Index futures dropped an additional 32 points following release of the January U.S. Consumer Price Index at 8:30 AM EST. Consensus was an increase 0.2% versus a gain of 0.2% in December. Actual was an increase of 0.3%. On a year-over-year basis consensus was an increase of 3.0% versus a gain of 3.3...Read More
The January inflation numbers came out this morning, and they weren't good for Wall Street.The consumer price index (CPI) rose 3.1% in January. That's a decrease from December's 3.4%, but it exceeded consensus estimates of 2.9%.Core inflation, which excludes food and energy, rose 3.9% on an annualized basis, which is unchanged from December. But the consensus estimate was 3.7%. Core inflation also...Read More
Uranium #smallcapstocks #mining #nuclear Catch our full suite of content below: Website: https://thedeepdive.ca/ Twitter: ...Read More
We caught up with Shawn Khunkhun, President, CEO & Director of Dolly Varden Silver (TSXV: DV | OTCQX: DOLLF | FSE: DVQ1) ...Read More
We caught up with Sharyn Alexander, President of Sun Summit Minerals (TSXV: SMN | OTCQB: SMREF) to discuss their new ...Read More
Visit Somerset International Australia to Learn More: www.somersetinternational.com.au Visit Centrisys/CNP to Learn More: ...Read More
Visit Somerset International Australia to Learn More: www.somersetinternational.com.au Visit Centrisys/CNP to Learn More: ...Read More