Daily Mail, Released on 5/6/22'On the basis of these elements it has been recommended that the yacht be placed on the current European Union sanctions list and the Minister of Finance in Rome has agreed.'Continue... Italy Seizes Putin's $700 Million Yacht added by Herman James on 05/06/2022View all posts by Herman James ?+'Read More
Jim Lewis - Twitter, Released on 5/6/22"The Big Short 2" is going to be incredible. Don't you think? pic.twitter.com/LpRuYb2Nnl- Jim Lewis ??'???'??'? (@Galactic_Trader) May 6, 2022 "The Big Short 2" is going to be incredible added by Herman James on 05/06/2022View all posts by Herman James ?+'Read More
Otavio (Tavi) Costa - Twitter, Released on 5/5/22Corporate bonds now falling as much as they did in the March 2020 crash.Back then, the Fed was forced to step in.This time, all we hear is the opposite.If this decline continues, either the tightening cycle will need to be reversed or we're about to see some real issues. pic.twitter.com/E9LmgC4X6V- Otavio (Tavi) Costa (@TaviCosta) May 5, 2022 Ta...Read More
Citizen Free Press, Released on 5/6/22No more LSAT, the single best predictor for success in law school. More obliteration of distinctions w/goal of covering up real differences in talent/aptitude. Law school should be hard. Continue... American Bar Association recommends ending the LSAT to help minority applicants to law school added by Herman James on 05/06/2022View all posts by Herman James ?+'Read More
Kitco News, Released on 5/6/22A recession is set to occur by 2024, but there is a silver lining for precious metals and the U.S. dollar. That is according to Jeff Christian, managing partner at the CPM group. Christian spoke to David Lin, anchor and producer for Kitco News. Christian believes that a recession will likely occur by 2024, which will affect the silver market.0:00 - Silver8:00 - Inflat...Read More
Gold Telegraph - Twitter, Released on 5/5/22Turkey's inflation hits a two-decade high of 70%In early 2022... Turkey tried to encourage citizens to convert around 5,000 tons of #gold savings at home worth $250-350 billion into the financial system. Gold has protected millions of people in Turkey. ???????? pic.twitter.com/rNgIcTz9mk- Gold Telegraph ??? (@GoldTelegraph_) May 5, 2022 Gold has prot...Read More
James Dines, financial analyst, author, and editor of The Dines Letter, died in April at the age of 90.Colleagues paid tribute to the legendary goldbug and financial analyst James Dines who edited The Dines Letter for more than six decades. Brien Lundin, editor of Gold Newsletter, noted on April 20th, "We just learned that Jim Dines, a long-time friend of mine and of all investors, passed away las...Read More
The study is expected to reflect improved project economics, afforded by updated resources and synergies between the incorporated deposits, noted a Singular Research report.Seabridge Gold Inc.'s (SEA:TSX; SA:NYSE.MKT) recently updated mineral resource estimates for its Mitchell and East Mitchell (previously Snowfield) deposits are expected to improve the project economics of KSM and, thus, increas...Read More
A silver deficit?Nate Fisher via Arcadia EconomicsSilver supply and demand overview for 2022 (w/Nate Fisher)We hear a lot about a silver deficit, so we are glad to have Nate Fisher bring us his overview of silver supply and demand.To hear what he has to say, click to watch this video now!FULL SHOW NOTES AND LINKS HERERead More
Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsNet income was $6.47 million or $0.26 per share in the first three months of this year, up from $...Read More
The fall was mainly because of a 4% drop in gold equivalent ounces sold due to setbacks at Brazilian miner Vale's Salabo mine operation, Wheaton's largest royalty revenue stream.Read More
Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsVale would supply the nickel to Tesla's manufacturing facilities in the US. It did not give...Read More
The 9% drop in the copper price from US$4.84 a pound in early April to latest trades at $4.Read More
Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsThe Toronto-based S&P/TSX global mining index fell 4% to 113 on May 5 and 15% off its record...Read More
"With solid performance at Chelopech and Ada Tepe and a continued focus on cost management, we achieved an all-in sustaining cost of US$684 per ounce of gold sold, which is below the low end of our guidance range, and continued to generate significant free cash flow," Dundee's president and CEO David Rae said.Dundee's 2022 AISC guidance is $750-$890/oz. Chelopech is an underground gold-copper mine...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 2 points in pre-opening trade. Index futures recovered slightly following release of the U.S. Employment report at 8:30 AM EDT. Non-farm Payrolls were expected to increase 400,000 versus a gain of 431,000 in March. Actual was 428,000. Unemployment Rate was expected to remain unchanged from March at 3.6%. Actual was un...Read More
Shares of Green Battery Minerals (TSXV: GEM) rose to their highest price since mid-January as the company reported its initial assay results from 12 diamond drill holes completed in Zone 6 of its Berkwood graphite project in Quebec. Highlights from the drilling included 29.5 metres grading 27.39% graphite sampled from 28 metres in drill hole BK6-21-01 and 8.2 metres grading 15.51% graphite samp...Read More
Vale (NYSE: VALE), the world's top nickel and iron ore producer, has inked a long-term deal with Tesla (NASDAQ: TSLA) that will see the Brazilian miner supplying the with electric vehicles (EVs) icon with nickel mined in Canada.Confirming markets rumours, the miner said the supply contract fit in its plans to deliver 30% to 40% of Class 1 nickel sales into the fast-growing EV industry.The Rio d...Read More
McEwen Mining (TSX: MUX; NYSE: MUX) surprised markets on Friday by announcing that two of its top suite executives were leaving the company for personal reasons.Chief financial officer Anna Ladd-Kruger will retire to focus on her health and family, the company said. She will depart after reporting is complete and an "orderly transition" is in place.Perry Y. Ing, former McEwen CFO who had the same...Read More
Enduring Covid-19-linked lockdowns in the world's largest metal consumer, China, are negatively impacting demand from end-use industries and sentiment towards the complex, resulting in lower metals prices, a new report by Fitch Solution Country Risk & Industry Research notes.Nevertheless, market analysts at Fitch maintain their 2022 metal price forecasts as prices generally remain above levels see...Read More