Video Series: Mining Journal speaks with Sheila KhamaSPONSOREDsaudi ministry of industry and mineral resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelGoviEx edges closer to productionSPONSOREDgoviex uraniumGreat Southern peaking under the coverSPONSOREDgreat southern miningThe knock-on 8% rise in the price of Brent will reinforce the hawkish stance of central banks e...Read More
(IDEX Online) - Watch and jewelry sales in the US were down for a fifth consecutive month in February, amid ongoing fears of a recession and financial crisis. They fell 3.0 per cent year-on-year, according to the US Department of Commerce. In January sales dropped by just 0.3 per cent, a figure that was originally reported as 2.1 per cent but which has now been revised up based on actual rather th...Read More
(IDEX Online) - Jaeger LeCoultre has reworked its iconic Reverso "secret watch" design into a high jewelry necklace set with 3,000 diamonds.The pink gold Art Deco piece was unveiled last week at the Watches & Wonders 2023 salon in Geneva.It has the swivelling Reverso movement that has featured in watches, bracelets, brooches, handbag clips pendants since 1931.That was the year watchmaker Jacqu...Read More
(IDEX Online) - One of Patek Philippe's rarest watches has broken the record for the highest price paid in an online auction.The Sky Moon Tourbillon, with a blue handmade enamel dial and white gold hand-carved case, sold for $5.8m at Christie's Hong Kong.It is one of the most sophisticated timepieces ever created, with functions that include a cathedral minute repeating, tourbillon, perp...Read More
(IDEX Online) - Edward Asscher, outgoing president of the World Diamond Council, defended the Kimberley Process and addressed the "white elephant" of Russian sanctions at the World Federation of Diamond Bourses (WFDB) Congress in Israel."Today, through the KP and the work that we all do, I am convinced that 99.9 percent of all diamonds in the global marketplace are conflict free," he said."Is the...Read More
(IDEX Online) - Polished diamond prices tumbled 17.3 per cent year-on-year in March. Such a dramatic fall shows how dependent the market has become on world events. This kind of volatility was unknown in the days when De Beers cornered the market and insulated prices.It controlled 90 per cent of the diamond market in the late 1980s and fluctuations were mostly limited to single digits. Then Russia...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 12 points at 8:30 AM EDT.Oneok added $0.55 to $65.61 after Citigroup upgraded the stock from Neutral to Buy.ServiceNow added $$12.52 to $477.01 after Baird upgraded the stock from Neutral to Outperform.Charter Communications dropped $3.24 to $352.97 after KeyBanc downgraded the stock from Overweight to Sector Weight.Co...Read More
Let's step back from today's banking financial crisis and look at the bigger picture. That will help us to understand the system dynamics, and estimate how long the crisis might last, and how destructive it might be.As a preliminary matter, let's distinguish between a recession (even a bad one) and a financial crisis. They're different.A recession is a part of the business cycle. It involves some...Read More
A handful of key assets are on the verge of major moves this week.Gold is on the cusp of a significant breakout above $2,000 as the US Dollar index drops. Any significant extension above the mythical $2K mark should attract a ton of attention from the mainstream financial media, lighting the fuse for an even bigger momentum move in the metal and the miners.Bitcoin is also working on its own potent...Read More
We received a sponsor update from FPX Nickel's (???????,FPOCF -- ????????FPX) CEO Martin Turenne. The company has recently made a number of significant announcements...Read full newsRead More
CGI Inc. is a $22.5-billion market cap Canadian firm that specializes in IT and business consulting services. Click here to find out why I rate GIB stock a Buy.Read full newsRead More
Baker Brothers' 13F portfolio value increased from $15.27B to $16.65B this quarter. Click here to see the Q4 2022 update on the portfolio.Read full newsRead More
SoFi is acquiring FinTech mortgage lender Wyndham Capital. See why I believe the transaction could create new excitement for SOFI stock.Read full newsRead More
The use of gold bullion to pay for imports in a country hosting two of Newmont's flagship mines is a worrying signal. Find out why I rate NEM stock a Hold.Read full newsRead More
Tellurian is in talks with PE/infrastructure players to secure the high yield/equity portion of the Driftwood project. See why I think TELL stock could take off.Read full newsRead More
Ace River Capital Partners, L.P. delivered -14.63% in Q1. Click here to read the full fund letter.Read full newsRead More
Investors in The Boeing Company are getting ready for the company's March delivery numbers. Click here to find out whether BA stock is a Buy at this time.Read full newsRead More
In our judgment, 2023 is poised to become the 'Year of Efficiency' for Meta. But click here to read why we'll watch META stock from the sidelines.Read full newsRead More
There is reason to believe that a decades long bubble in paper assets and inflation-driven speculations is ending. See why buying Gold makes sense at this time.Read full newsRead More
Tesla, Inc. price cuts, although compressing short-term margins, should be good in the long run. Click here for a review of TSLA stock prospects.Read full newsRead More