CEO.CA, Released on 7/21/22Ultimately gold is a monetary metal that performs best during times of weak (weakening) economic growth and increasing money supplyContinue... Why didn't gold go up if we just went through a perfect time to own gold? added by Herman James on 07/24/2022View all posts by Herman James ?+'Read More
Silver may have already bottomed out, given the...by David Brady via Sprott MoneyAll of the conditions are in place for a major low and a massive rally to follow. We're just waiting for the confirmation that the bottom is in and the rally to new record highs has truly begun.Looking at the changes in prices over the past week, little has happened:So, I'll keep this report brief, focusing on the sig...Read More
Important precious metals news stories in the last few weeks...James Anderson with Jason Burack of Wall St For Main StJason asks James about the important precious metals news stories that have happened in the last few weeks along with how much lower silver prices can go?Over 200 articles, audio podcasts & interviews with experts exclusive for Patrons with 68 new articles & audio podcasts out in t...Read More
RAPAPORT... The number of active US jewelry companies continued to decline in the second quarter, according to the latest data from the Jewelers Board of Trade (JBT).Some 161 businesses shuttered during the three months ending June 30, compared with 143 in the same period a year earlier, the JBT said last week. In total there were 23,796 companies active in the US industry, a drop of 1.8% compared...Read More
RAPAPORT... E-commerce giant eBay has expanded its authentication service for jewelry through a partnership with the Gemological Institute of America (GIA).The Authenticity Guarantee, which launched last week, will soon include new and pre-owned pieces from top designer brands such as Bulgari, Van Cleef & Arpels, David Yurman, Cartier, and Tiffany & Co., eBay said. Jewelry is the fift...Read More
(IDEX Online) - Gemfields says operations at its ruby mine in Mozambique are continuing, with increased vigilance, despite an attack in the vicinity as party of an Islamic State-linked insurgency.The London-based miner operates and owns 75 per cent of Montepuez Ruby Mining (MRM), which last month reported a record $95.6m revenue from online auction of its rubies.Thousands of people have died since...Read More
(IDEX Online) - Sotheby's may be responsible for the loss of 45 vivid yellow diamonds, worth $4m, a federal judge in California, USA, has ruled.A consulting and brokerage firm, M&L Financial, took the gems to Sotheby's New York (pictured) for auction on consignment in 2109.The company, based in Dallas, Texas, told Sotheby's it was the exclusive owner of the diamonds.But the auct...Read More
(IDEX Online) - De Beers has increased its production guidance for 2022 - from 30-33Mct to 32-34Mct - citing "robust demand and strong year-to-date operational performance".Sanctions against Alrosa, its biggest rival, have led to global shortages of rough. Last month De Beers reported $650m of rough sales at its fifth sales cycle of 2022, up over a third year-on-year. It reportedly hiked the price...Read More
Volkswagen, the world's second-largest plug-in EV manufacturer, just announced something alarming: Any new orders for plug-in vehicles won't be fulfilled until sometime next year.That's some pretty terrifying news. It shows that ongoing supply chain disruptions are starting to choke some of the industry's recent growth. Critical metals like lithium, nickel, and cobalt are becoming harder and hard...Read More
About a month ago, Reuters reported on an astronomical gold discovery made in Uganda that some have estimated to be worth more than $12 trillion.The media outlet wrote that a spokesperson from Uganda's Ministry of Energy and Mineral Development told it that recent exploration had revealed the discovery of 31 million tonnes of gold ore from which 320,158 tonnes of refined gold could be mined.That's...Read More
Adjusted second quarter earnings before interest, taxes, depreciation, and amortization (EBITDA) for the Denver-based firm fell 28% to US$1.1 billion from $1.6 billion a year earlier.Read More
Share this article VANCOUVER - GCM Mining Corp. [GCM-TSX, TPRFF-OTCQX] said Monday it has agreed to acquire all the outstanding shares of Aris Gold Corp. [ARIS-TSX, ALLXF-OTCQX] not already held by GCM. The resulting entity will be named Aris Gold Corp. and will be led by Ian Telfer as Chair and Neil Woodyer as CEO and director.GCM already owns 60.9 million Aris Gold shares or 44.3% of the comp...Read More
Remember back in 2018 when Elon Musk infamously described Tesla's "production hell"? Some anxious buyers waited years for their orders to be filled. Before he became everyone's favorite goofy billionaire, his company was the laughingstock of the auto industry. At least, until it wasn't. In 2021, the auto industry was circling the drain. Dealer lots were bare, rental cars were nonexistent,...Read More
Stansberry Research, Released on 7/25/22"I would argue that we're way, way worse off than a recession here right now," warns Greg Mannarino, founder of https://traderschoice.net/ and financial strategist. The yield curve is, "extremely inverted," at this point and, "the global economy is in free-fall, it's not going to stop," he exclaims to our Daniela Cambone. "The system demands that debt be cre...Read More
The Jay Martin Show, Released on 7/25/22Legendary investor Jim Rogers explains why the best way to get rich is to put all your eggs in one basket, but be very careful about selecting that basket. Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time....Read More
Kitco News, Released on 7/25/22Chris Vermeulen, Chief Market Strategist at TheTechnicalTraders.com, discusses his new buy signals with David Lin, Anchor for Kitco News.0:00 - Rotating back into growth1:55 - Complacency rally5:46 - Buy signals10:45 - Position hierarchy14:20 - S&P 50016:00 - Stocks to buy18:45 - Gold Chris Vermeulen has been involved in the markets since 1997 and is the founder of T...Read More
GoldCore, Released on 7/24/22David Morgan joins us this week to give us his thoughts on silver, a precious metal that he believes society could not operate without. We ask him why the price is so stubborn right now and what it's going to take to see it climb, once again. David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that cover...Read More
Ron Paul, Institute for Peace and Prosperity, Released on 7/25/22After two years of unprecedented government tyranny in the name of fighting a virus, the prime instigators of this infamy are walking free, writing books, and openly pretending they never said the things they clearly said over and over.Take Trump's White House Covid response coordinator Deborah Birx, for example. She was, as the Brow...Read More
Liberty and Finance, Released on 7/24/22 (Recorded on 7/22/22)In order to take advantage of the coming move in metals, investors must filter out the noise, says David Smith, senior analyst at The Morgan Report. "This is so asymmetric that a modest amount of money could turn your life around with a couple of the right stocks," he says. "Don't feel you have to risk it, because you don't want to be b...Read More
Citizen Free Press - Twitter, Released on 7/25/22New Zealand PM Jacinda Ardern: "We will continue to be your single source of truth... Unless you hear it from us it is not the truth"pic.twitter.com/r03MhqCgzI- Citizen Free Press (@CitizenFreePres) July 25, 2022 New Zealand PM Jacinda Ardern: 'We will continue to be your single source of truth... Unless you hear it from us it is not the truth' adde...Read More