By: Gary Christenson, The Deviant InvestorThe welfare people and the warfare people control congress, appropriations, corruption and national policies. Implications are grim.If a nation subsidizes butter, it will get more butter. The U.S. and most other western governments subsidize welfare and warfare. Those expenses inevitably increase and are inescapable, like the mathematics of debt.The U.S...Read More

VANCOUVER, British Columbia, March 13, 2019 (GLOBE NEWSWIRE) - Chemesis International Inc. (CSE: CSI) (OTC: CADMF) (FRA: CWAA) (the "Company" or "Chemesis"), announces its wholly owned subsidiary, La Finca Interacviva-Arachna Med ("La Finca") commences the process towards large scale cultivation. The Company, which received its Seed Producers License in January, is now able to export its hig...Read More

RAPAPORT... Signet Jewelers has appointed Joan Hilson chief financialofficer, as part of an effort to strengthen its leadership team. The former David's Bridal executive - who also managed finances forAmerican Eagle Outfitters and Victoria's Secret - will begin at the company onApril 4. The outgoing chief financial officer, Michele Santana, will continuein her role until then, and will remain with...Read More

RAPAPORT... Sales from the Grib diamond mine in Russia were flat at $300 million in 2018 as prices of smallerstones faltered. "Grib Diamonds rough is concentrated by value in the smaller end, which was under pressure from mid-2018," Antony Dear, head of sales at the mine's marketing unit, Grib Diamonds, told Rapaport News Tuesday. "Our prices reflect this, and were overall down on a like-for-...Read More

RAPAPORT... Gem Diamonds' sales and profit increased in 2018 as the miner produceda record number of large stones at its Let??eng mine, including the 910-caratLesotho Legend. Revenue rose 25% to $267.3 million for the year, the minersaid Wednesday. Sales volume jumped 17% to 125,111 carats, a record for thecompany. The average price climbed 10% to $2,131 per carat, reflecting thelarger percen...Read More

RAPAPORT... There's a caveat that Stephen Lussier emphasizes when marketing diamonds to millennials as a symbol of love. The industry needs to recognize that love may not entail the formality of marriage, the De Beers head of marketing stressed in an interview with Rapaport Magazine last September. Marketers must focus less on tradition and more on the underlying motivation for buying the diamond,...Read More

For the second month in a row, the Luxury Industry Performance Index (LIPI) has been rising. The indicator gained 0.6 points. Investors' mood has been improving as the market capitalization of luxury related stocks increased by 5.6 percent. This growth outpaced the rise the S&P 500, EuroStoxx and Nikkei. The LIPI is compiled by Frank Mueller of The Bridge to Luxury, a Dresden, Germany-bas...Read More

Signet Jewelers announced the appointment of Joan M. Hilson as Chief Financial Officer (CFO). The company also implemented additional organizational changes "to strengthen its leadership structure in support of its Path to Brilliance transformation plan." Hilson was CFO of David's Bridal from 2014 to March 2019. Prior to that, she was the CFO of American Eagle Outfitters and held several roles wit...Read More

In January, retail sales in the USA rebounded slightly, and this after the biggest decline in a decade. The 0.2% gain in January was led by sales on the Internet and in home centers.  It remains clear, however, that the US economy was losing momentum in early 2019. The report that retail sales has increased a meager 0.2 percent in January came from a government report that was delayed by the...Read More

Gem Diamonds, a leading global diamond producer of high value diamonds, published its financial results. The firm reported a revenue of $267.3 million, compared to $214.3 million in 2017. It recovered 126.875 carats from the Letseng mine, compared to 111.811 carats in 2017. The average value achieved was $2,131/ct. compared to $1,930/ct. in 2017. In 2018, Gem Diamonds recovered no less than 15 di...Read More

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsThe bought deal is priced at 64c, a 13.5% discount to its share price before the financing was announced. The company will sell 15.Read More

Alkane maps own path to world-class critical metals producerSPONSOREDalkane resources"We are one of the lower-priced gold equities out there," he told Mining Journal in an interview in Toronto.Read More

Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corp"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesThe Canadian-listed Altan will drill...Read More

Alkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesQuebradona will receive an investment of $55 million, with Gramalote seeing $10 million.Read More

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corp"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftThe company announced an updated resource for Iron Cap yesterday, in...Read More

U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for January Durable Goods Orders was a drop of 0.6% versus an increase of revised 1.3% in December. Actual was an increase of 0.4%. Excluding Transportation, consensus for January Durable Go...Read More

Canada has been selling off most of its remaining gold reserves to the general public. They have been selling gold coins and reaping better prices than dumping 400-ounce bars to bankers. The figures from the Bank of Canada and Finance Department show that the country held 77 ounces at the end of February. They sold over 21,000 coins in February. Through most of 2015, the country’s gold res...Read More

It turns out retirement is a relatively new concept. Consider these numbers from The Evolution of Retirement by Dora L. Costa:In 1880, over 75% of men over 64 remained in the workforce.By 1900, that number had dropped to about 65%.By 1950, just 47% of men over 64 continued to work.By 1998, fewer than 20% of men over 64 were in the labor force.You see, retirement wasn’t always considered desi...Read More

Comprehensive surface geochemical surveys, combined with previous and additional geophysics, and scout drilling, identifies several new target opportunities and provides additional definition on previously identified target opportunitiesELKO, Nevada, March 13, 2019 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU), a gold exploration and development company, today is pleased to announce the completi...Read More

“Dad, I got a raise!”I’ll never forget the look in my son’s eyes when he came home from Dunkin Donuts that evening. He was proud of himself, confident, and looking forward to having a bit more spending money in his pocket.David is a hard working young man. At his first job, he was willing to get up at the crack of dawn to help open the store, even on Saturday when most of h...Read More