The Daily Shot - Twitter, Released on 7/22/22Source: https://twitter.com/SoberLook/status/1550421729549459458The manufacturing recession is here added by Herman James on 07/22/2022View all posts by Herman James ?+'Read More
Citizen Free Press, Released on 7/21/22"Paul went into cardiac arrest while on a run in our neighborhood," she wrote. "Today he was pronounced brain dead. We will have a medical examination to understand case of death. His body will Continue... Former Notre Dame offensive lineman dead at 35... Collapsed and went into cardiac arrest while running... added by Herman James on 07/22/2022View all posts...Read More
Politico, Released on 7/21/22"Based on what we know about this case, and polio in general, the Department of Health strongly recommends that unvaccinated individuals get vaccinated or boosted with the FDA-approved [inactivated polio vaccine] as soonContinue... New York reports nation's first polio case in nearly a decade added by Herman James on 07/21/2022View all posts by Herman James ?+'Read More
The Daily Gold, Released on 7/21/22Larry McDonald, founder and editor of the Bear Traps Report has proven to be one of the absolute best market timers when it comes to trading the gold stocks. Larry explains what is happening, the parallels to 2008 and Covid and what it could mean for precious metals. Larry is confident the Fed will be forced to shift soon and that will coincide with a big rebound...Read More
Recession calls are getting louder. If history is any guide, the bust is coming. Good news for gold!An economic hurricane is coming. Brace yourselves! This is at least what Jamie Dimon suggested last month. To be precise, he said: “Right now, it's kind of sunny. Things are doing fine. Everyone thinks the Fed can handle this. That hurricane is right out there down the road, coming our way. We...Read More
Many traders are focused on Gold as price has contracted over the past 5+ weeks, and the $1700 level is being retested. This prompted my team and I to do some research related to the US Federal Reserve’s recent rate increases and how Gold has previously reacted to rising and falling interest rates.Exploring Price Patterns Between Gold and Fed Rate DecisionsI knew from the 2008-09 Global Fina...Read More
OzAurum drilling for a golden futureSPONSOREDozaurum resourcesMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningA focus on open-pit exploitation of the Mitchell, East Mitchell and Sulphurets deposits and abandoni...Read More
Second quarter copper and gold production at its 90%-owned El Roble mine in Colombia was above market consensus. Production in the second quarter was 3.Read More
Second quarter production updates released by these firms this week gave insight into rising costs in these countries - some of which are rising above 25% - and ongoing operational challengesRead More
Named after the 126-year-old project, Wiluna Mining called in outside administrators this week following a financial crisis which has seen the company's share price fall by 80% over the last sevenRead More
"The climate for junior gold financing and M&A has slowed following a strong first quarter, and in our view could face a period of reduced activity similar to the prior downcycle in 2013-15," saidRead More
Leading shareholder AI-listed Anglo Asian Mining will invest to retain its 19.Read More
Equity Index futures were lower this morning. S&P 500 futures were down 5 points in pre-opening trade.The Canadian Dollar was virtually unchanged at US 77.76 cents following release of Canada's May Retail Sales report at 8:30 AM EDT. Consensus was an increase of 1.6% versus a revised gain of 0.7% in April. Actual was an increase of 2.2%. Excluding auto sales, consensus was an increase of 1.8%...Read More
It is proven beyond all doubt, it is a fact beyond all dispute: A climate emergency is upon us.Earth is down with a mighty fever. Even the polar ice has vanished.Reports The Washington Post:The Arctic seems to be warming up. Reports all point to a radical change in climatic conditions, and hitherto unheard-of high temperatures in that part of the Earth's surface... The eastern Arctic has steadily...Read More
I began studying complexity theory as a consequence of my involvement with Long Term Capital Management, LTCM, the hedge fund that collapsed in 1998 after derivatives trading strategies went catastrophically wrong.After the collapse and subsequent rescue, I chatted with one of the LTCM partners who ran the firm about what went wrong. I was familiar with markets and trading strategies, but I was no...Read More
The war in Ukraine will have huge ramifications for the international system in the coming years. Many will prove negative for the U.S. as sanctions backfire and the world moves more rapidly toward dollar alternatives.Unfortunately, the war in Ukraine was totally avoidable. Had the U.S. pursued closer ties with Russia years ago, rather than antagonizing it and driving it into a deeper alliance wit...Read More
Right now, it's basically a case of the Fed versus the economy. You might say, "Wait a second. Isn't the Fed supposed to help the economy?"Well, not exactly. They may want to help the economy, but helping the economy actually isn’t job one. Job one is helping the banks. The Fed was essentially created to prop up the banking system and prevent bank runs.Everything else it tries to accomplish,...Read More
The most salient question of our time is: Who destroyed the world?We know the "what" of that question already. It was the lockdowns, the spending, the monetary insanity, the mandates and the overwhelming and ghastly explosion in the forces of command and control imposed all over the world.This broke everything. It is nowhere near being put back together again. In fact, it is getting worse.The main...Read More
The war in Ukraine is in its sixth month, and there's no end in sight. Here's what we know...Almost everything you heard about the war in Ukraine from U.S. media over the course of March, April and May was a lie.You heard that Putin was losing the war. You heard that Russians had poor training and low morale and were deserting in droves. You heard that Ukrainians were destroying Russian armor in l...Read More
Ford Motor Company (NYSE: F) announced plans to accelerate its EV production that are underpinned by several high-profile agreements with lithium and nickel miners to supply raw materials for the vehicles' batteries. The U.S-based automaker said in a news release that it has secured "100% of the battery supplies" it needs to produce 600,000 EVs per year by the end of 2023, and with the help of...Read More