(IDEX Online) - India's polished diamond sales are set to plunge by more than a quarter, say the ratings analysts CRISIL."If the trade disruption is protracted, next quarter's sales will be down by 25 to 30 per cent, shaving off about $2bn to 2.5bn," said its director, Rahul Guha, speaking before Friday's announcement of sanctions by the US government on the purchase of rough diamon...Read More
(IDEX Online) - Nothing Lasts Forever, the new documentary that claims to lift the lid on the "highly secretive" diamond industry, premiered yesterday on the US network Showtime.The trailer opens with a provocative observation about lag growns: "People want diamonds because they've been told to. None of them are really worth anything and, surprise, your big diamond might be fake!"Jason Kohn s...Read More
(IDEX Online) - The US has imposed sanctions on gem quality diamonds from Russia, which accounts for almost 30 per cent of global rough supply.President Joe Biden (pictured) issued an executive order on Friday banning the import of "non-industrial diamonds", along with vodka, caviar and other luxury goods."As Putin continues his merciless assault, the United States and our allies and partner...Read More
A couple months ago I was sitting in a room with a whole bunch of my peers, talking about the future. We were talking about yearly predictions, or at least what could be in store in the near future.I couldn't have been more wrong.Like so many, I discounted the idea of a European war. I also doubted that anyone would mess with their "bread and butter." Rich getting richer, moving past one of the m...Read More
Share this article TORONTO - Rio Tinto Rio Tinto Plc [RIO-NYSE] said Monday it has made a non-binding proposal to acquire the 49% stake in Turquoise Hill Resources Ltd. [TRQ-TSX] it does not already own for US$2.7 billion.Under the all-cash proposal, Turquoise Hill minority shareholders would receive $34 per share, an amount that represents a 32% premium on the last closing price of the shares on...Read More
I didn't think it would arrive so soon, but unpredictability seems to be the only thing we can count on nowadays. This might be the biggest year for electric vehicles on record. The whiplash-inducing swings we've seen from the oil market have a lot of drivers reconsidering their addiction to gasoline. But like I've mentioned before, the world isn't quite ready for that. That's where Putin comes...Read More
We spoke with Tony Schreck, who is the Managing Director of Pacgold. Pacgold Limited (ASX: PGO) is a gold exploration Company, focused on progressing its key asset, the 100% owned Alice River Gold Project, in North Queensland, at the northern end of the Northeast Queensland Mineral Province. This gold-rich Province contains several multi-million-oz gold deposits. There are several past producing g...Read More
Face The Nation, Released on 3/13/22Mohamed El-Erian, the chief economic adviser for Allianz, says the Federal Reserve can either raise interest rates and risk a recession, or allow inflation to continue to rise.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment fi...Read More
What Bitcoin Did, Released on 3/14/2200:00:00 Introduction00:05:21 Sanctions on Russia: impacts, mitigation, and results00:12:04 'Nobody wins', Russia insolvent?00:20:01 Global impacts: China, global food security, and oil00:31:04 Impacts on inflation00:42:05 Wider economic risks00:47:59 Individuals, companies, and nations preparing for a new economic realityLyn Alden is the founder of Lyn Alden I...Read More
The LaRouche Organization, Released on 3/14/22The inevitable is finally here. The global financial system is in a terminal phase of collapse, as the burden of debt far exceeds the ability of hollowed-out economies to service it. The question is, Who will pay the price - the oligarchs whose policies caused this, or the average person, who is being told to sacrifice, so the debt can be sustained on...Read More
Liberty and Finance, Released on 3/13/22"The Silver Guru" David Morgan expects silver to rise to $28 before it hits resistance. Silver is the investment of the decade, he says, pointing out that industrial demand alone could cause a squeeze.0:00 Intro1:03 Silver update3:20 Nickel market6:32 Paper vs. physical8:04 Retail demand11:05 Long-term trend13:59 Crude oil18:13 Inflation19:20 The Morgan Repo...Read More
Wall Street Silver, Released on 3/13/22Michael Oliver discusses the latest data on the silver momentum chart, the overall market, inflation and more.J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton's International Commodity Division, headquartered in New York City's Battery Park. He studied under David Johnston, head of Hutton's Commodity D...Read More
Trader Summit, Released on 3/12/22Danielle Dimartino Booth, founder of Quill Intelligence, sits down with Blake Morrow from Traders Summit to discuss the fast-ramping inflation in the USA and how the Fed will handle interest rates going into next month and the rest of 2022. Danielle also talks about how the United States Federal Reserve may be able to tame inflation. She also discussed the US yiel...Read More
Greg Dickerson, Released on 3/12/22Gareth Soloway is a professional trader. He is the President, CEO & Chief Market Strategist for InTheMoneyStocks.Greg Dickerson is a serial entrepreneur, real estate developer, coach, and mentor. He has bought, developed and sold over $250 million in real estate, built and renovated hundreds of custom homes and commercial buildings, developed residential and mixe...Read More
Wall Street Silver, Released on 3/12/22Dave Kranzler joins us to discuss the aftermath for Gold, Silver and other commodities due to the Russia Ukraine war. Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he also has an MBA from th...Read More
Matt Taibbi's Substack (via Dollar Collapse), Released on 3/14/22From free speech to "spheres of influence" to our passion for endless war, we've become the doublethinkers 1984 predicted.Continue... Matt Taibbi: Orwell Was Right added by Herman James on 03/14/2022View all posts by Herman James ?+'Read More
Gateway Pundit, Released on 3/13/22The assessment pointed to newer "sociopolitical developments such as narratives of fraud in the recent general election, Continue... DHS investigating people who doubt Fauci or 2020 elections added by Herman James on 03/14/2022View all posts by Herman James ?+'Read More
Mish Shedlock - Twitter, Released on 3/14/22Gee - who might want to stage a chemical attack?Russia, Ukraine? US?Somehow factions in all three? https://t.co/PCAs3MTyM5- Mike "Mish" Shedlock (@MishGEA) March 14, 2022 Mish Shedlock: They are getting ready to stage a false-flag chemical attack added by Herman James on 03/14/2022View all posts by Herman James ?+'Read More
Armstrong Economics, Released on 3/14/22They sabotage any effort whatsoever to further world peace. Continue... Armstrong: US & its Secret Biological Weapons Labs added by Herman James on 03/14/2022View all posts by Herman James ?+'Read More
Of Two Minds (via Dollar Collapse), Released on 3/12/22The reality is the current global economy is a Landfill Economy that glorifies waste as growth. Continue... Charles Hugh Smith: The Only Non-Totalitarian Solution To Resource Scarcity: Decentralized Degrowth added by Herman James on 03/14/2022View all posts by Herman James ?+'Read More