(Updates prices, adds U.S. manufacturing) By Eric Onstad LONDON, July 1 (Reuters) - Copper prices slumped on Fridayto their weakest in 17 months as inflation and factory datareinforced fears that central bank tightening would pusheconomies into a recession and hit metals demand. Three-month copper on the London Metal Exchange hadeased 2.6% to $8,047 a tonne by 1630 GMT after dropping to itslowest...Read More
Happy Canada DayU.S. equity index futures were lower this morning S&P 500 futures were down 16 points in pre-opening trade. Economic focus today is on release of the June ISM Manufacturing PMI report at 10:00 AM EDT. Consensus calls for a decline to 55.0 from 56.1 in May.Micron dropped $2.78 to $52.50 after the company lowered sales and revenue guidance. Kohl's dropped $6.59 to $29.10 after ta...Read More
South Africa's Petra Diamonds (LSE: PDL) said Thursday it fetched US$93 million in its last sale of fiscal year 2022, as prices for its diamonds climbed 7.7% from the previous one.The results of the tender, the sixth one since July 2021, brought total sales for 2022 to US$584.5 million across Petra's mining operations."The Tender 6 results conclude a strong year for Petra's diamond sales both in t...Read More
Canada contains vast mineral resources and is considered a tier one mining jurisdiction with a skilled workforce and robust regulatory environment. Canadian mining companies are leaders in the exploration and production of a range of essential metals, including uranium, zinc, nickel, gold, copper, silver and lead. The following list presents the top ten Canadian-headquartered mining companies, ran...Read More
Talk Digital Network, Released on 7/2/22Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership a...Read More
Liberty and Finance, Released on 7/1/22The gold market is holding up despite the recent downturn in silver, mining stocks, and the general equity market. "Why isn't gold collapsing with the stock market?" asks momentum analyst Michael Oliver. He speculates that large fund managers are giving up on paper assets in favor of gold. He sees a major reversal in the rest of the metals sector as more fund...Read More
George Gammon, Released on 6/30/22George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the a...Read More
Wall Street Silver, Released on 7/2/22David Morgan joins us to discuss the latest in the Silver markets as the price has now dropped below $20 per oz. We also talk about the latest Inflation Data, and more. David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy,...Read More
SHTFplan, Released on 7/1/22A former Pfizer employee turned whistleblower says that the main goal of the COVID-19 injections falsely being labeled "vaccines", is to weaponize a human being's immune system to kill itself.Continue... Whistleblower: Pfizer's Main Goal Is To Weaponize The Immune System added by Herman James on 07/02/2022View all posts by Herman James ?+'Read More
Daily Caller, Released on 7/1/22A Colorado teacher was disciplined after suggesting to a transgender student that the rise in transgenderism Continue... Colorado Teacher Sent To Re-Education Training For Suggesting To Teen That Trans Youth Regret Transitioning added by Herman James on 07/02/2022View all posts by Herman James ?+'Read More
King World News, Released on 7/1/22Alasdair has been working in the financial world since 1970 and been a Member of the London Stock Exchange for nearly five deContinue... Alasdair Macleod: Second Half Of 2022 Could Turn Out To Be Spectacular For Gold & Silver added by Herman James on 07/02/2022View all posts by Herman James ?+'Read More
Casey Research, Released on 7/2/22The best way to get exposure to the growth in NdPr is to buy shares in NdPr mining companies. But these Continue... Nomi Prins: These Rare Earth Elements Are Set to Explode in the Coming Years added by Herman James on 07/02/2022View all posts by Herman James ?+'Read More
Financial Survival Network, Released on 7/2/22Summary: Previously, we were seeing the potential for a new cycle in commodities with metal prices going up. 90 days later, the Federal Reserve is trying to fix what they created in the first place. Gold and stocks have somewhat of an inverse relationship, with worsening bear markets for stocks creating better conditions for gold stocks. With the linge...Read More
UPI News (via MSN), Released on 7/2/22The Biden administration has proposed blocking all new drilling in the Atlantic and Pacific Oceans, but allowing some drilling in the Gulf of Mexico in a five-year development plan.Continue... Biden Seeks to Block New Offshore Drilling in Atlantic, Pacific added by Herman James on 07/02/2022View all posts by Herman James ?+'Read More
The National (via MSN), Released on 7/2/22Global oil prices could reach a "stratospheric" $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude output cuts, JPMorgan Chase analysts warned.Continue... JP Morgan predicts $380 oil on worst-case Russian output cuts added by Herman James on 07/02/2022View all posts by Herman James ?+'Read More
America's Frontline News, Released on 7/1/22Dr. Vladimir "Zev" Zelenko, the man who discovered and implemented the treatment for COVID-19 that over the past two years has been responsible for saving millions of lives worldwide, has passed away after a long battle with cancer. He was 48.Continue... Dr. Zelenko passes away added by Herman James on 07/02/2022View all posts by Herman James ?+'Read More
Zero Hedge, Released on 7/1/22America is lagging behind its international competitors in the hypersonic weapons race. This week's test provided more insight into just how badly the U.S. is behind. Continue... US Falls Behind China/Russia In Hypersonic Weapons Race After Another Failed Test added by Herman James on 07/02/2022View all posts by Herman James ?+'Read More
Forbes, Released on 7/1/22India has hiked import duty on gold to 15% from 10.75% as surge in Continue... Gold Prices To Go Up As India Hikes Import Duty added by Herman James on 07/02/2022View all posts by Herman James ?+'Read More
Junior explorer Quebec Precious Metals Corp. is focusing on gold in its project in the James Bay territory of Quebec and selling off its non-core properties. It hopes to complete a mineral resource estimate by the end of the third quarter.Junior explorer Quebec Precious Metals Corp. (QPM:TSX.V; CJCFF:OTCQB;YXEP:FSE) is selling off its non-core projects to focus on its 100%-owned flagship Sakami go...Read More
The upcoming stagflation might be lesssevere than in the 1970s. So is the Fed’s reaction, which could mean good newsfor gold.There are many terrifying statements you can hear from another person. One example is: “Honey, we need to talk!” Another is: “I’m from the government and I’m here to help.” However, the scariest English word, especially nowadays, is...Read More