The House of Representatives recently passed legislation that would expand the national background check system to require almost everyone selling firearms, including private collectors who supplement their incomes by selling firearms at gun shows, to perform background checks on the potential buyers. The bill has a section purporting to bar creation of a national firearms registry. However, the e...Read More
02:00 Populism and the silent coverage of the global yellow vest revolution06:00 Is the population on the verge of civil unrest?11:35 An out of control money supply with an out of control government20:35 Governments scrambling for gold, what's driving the 21st century gold rush?24:25 The fall of the American empire and the rise of a socialist empire38:55 Bob Moriarty's latest workBob brought 321go...Read More
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More
"I'm not for impeachment," Pelosi said in a soon-to-be published interview conducted by The Washington Post Magazine.Continue...Read More
A Canaccord Genuity report reviewed and discussed these drill results and their implications. In a March 5 research note, Canaccord Genuity analyst Kevin MacKenzie reported that MAG Silver Corp.'s (MAG:TSX; MAG:NYSE.MKT) just released drill results from Juanicipio revealed high-grade intercepts that "highlight exploration upside on multiple fronts."In its recent drilling of 48 holes covering 46,...Read More
This Canadian company aims to determine whether they are zone extensions or new gold discoveries. Great Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTC) announced in a news release results from reconnaissance drilling to the west of the Dixie Hinge zone at its Dixie project in the Red Lake District of Ontario. Drilling consisted of two exploratory "fences" along the D2 fold axis, 150 meters (150m) and...Read More
If the central economic planners (CEP) lose control and the fiat monetary balance is broken, where do you hide! In the most recent years the pendulum as held firm on the side of the CEPs and central bank put (Greenspan Put, Bernanke Put, Yellen Put, Powell Put [just]) was (and is) a real thing. Now in 2019, after being sold the story the easy monetary policy can end and return to normal. The...Read More
Use the above link to subscribe to the paid research reports, which include coverage of critically important factors at work during the ongoing panicky attempt to sustain an unsustainable system burdened by numerous imbalances aggravated by global village forces. The historically unprecedented ongoing collapse has been created by compromised central bankers and inept economic advisors, whose int...Read More
StrengthsThe best performing metal this week was silver, up 0.87 percent and rallying strong on Friday alongside gold. Gold traders were again split this week on their outlook for gold as U.S.-China trade talks remain in the headlines. The yellow metal advanced the most in two weeks on Friday morning as investors awaited the release of the February jobs report for clues on the health of the econ...Read More
By: Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price edged quietly sideways once trading began at 6:00 p.m. EST on Thursday evening in New York -- and that lasted until around 9:20 a.m. China Standard Time on their Friday morning. It began to head higher from there -- and that lasted until shortly before 9:30 a.m. in London. It crept quietly lower from that juncture un...Read More
This is a pair of photographs taken by Keith Weiner, for a high school project. It seemed a fitting picture for the dual nature of money, the dual nature of wood both as logs to be consumed and dimensional lumber to be used to construct buildings.Last week, in Is Capital Creation Beating Capital Consumption, we asked an important question which is not asked nearly often enough. Perhaps that's...Read More
By: Ira EpsteinRead More
RAPAPORT... The Gem & Jewellery Export Promotion Council (GJEPC) hasbegun building a 21-acre industrial jewelry park it believes will generatenearly $6 billion in annual revenue. The India Jewellery Park in Mumbai will cost approximatelyINR 144.67 billion ($2 billion) to construct over the next few years, and willemploy about 100,000 workers when completed. The project will enhancemanufac...Read More
RAPAPORT... MID House of Diamonds was the premier Israelipolished-diamond exporter for the fourth year running, according to a list thenation's Ministry of Economy and Industry published recently.The company, whose exports rose 12% to $196 million in 2018,was one of several in the top 10 that saw an increase. Niru Diamonds took the second spot, moving up from third in2017, with its expor...Read More
RAPAPORT... Jewelry manufacturer Frederick Goldman has purchasedlab-grown-jewelry brand Love Earth to accelerate its entry into the synthetic-diamondbusiness. "The market for lab-grown diamonds is expanding rapidly,"Frederick Goldman CEO Jonathan Goldman said last week. "We have spent the pastyear studying how we would enter this business. Our purchase of the Love Earthbrand has expedited tho...Read More
The South China Morning Post reported that Russian diamond miner had finally succeeded to convince its Chinese customer base to trade in a currency other than US dollars, "as it looks to get around US sanctions." Evgeny Agureev, Alrosa's director of sales, told the Post "on the sidelines of the Hong Kong International Jewellery Show that it has signed up Chow Sang Sang Jewellery on a long-te...Read More
The Civil Society Coalition (CSC), an alliance of international civil society organisations affiliated to the Kimberly Process Certification Scheme (KPCS) issued a statement last week, asking the UN and the KP to classify Zimbabwe's gemstones as conflict diamonds in order to prevent their sale in the global market. The Statement came at the conclusion of the United Nations General Assembly...Read More
The India Jewellery Park of Mumbai, a mega initiative by the Government of India to take India's jewellery manufacturing and trade to a new level, was inaugurated earlier this month. The project will enjoy a total investment of more than $10 billion and once in operation is expected to generate an annual turnover of $30 billion The foundation stone laying ceremony was attended by Suresh Prab...Read More
An investigation resulting from a US bankruptcy court order has suggested that Samuels Jewelers Inc., Mehul Choksi's US-owned company, may have sold lab-grown diamonds (LGDs) to customers with fraudulent grading reports that presented them as natural diamonds. The fraudulent reports were produced by a laboratory controlled through one of Choksi's businesses on the British Virgin Islands, the inves...Read More
Despite further poor economic data at the end of last week, the three-month base metals prices on the London Metal Exchange were for the most part higher this morning, Monday March 11.With the exception of tin that was down by 0.2%, the rest of the complex were up between 0.3% for copper and 1.3% for zinc. Copper was recently quoted at $6,414 per tonne, compared with $6,395.50 per tonne at Friday&...Read More