Financial Survival Network, Released on 12/19/22- Homebuilder sentiment at 10-year low.- Huge wave of car loan defaults building.- Commodity prices are falling. Oil is in the low $70s, down from the $120s a year ago.- Stock markets are rolling over, wiping out several trillion dollars of paper wealth worldwide. But the really big story is soaring government deficits because of rising interest rate...Read More
George Gammon, Released on 12/19/22Michael Saylor is the CEO of MicroStrategy and a famous Bitcoin bull.Doomberg is the anonymous publishing arm of a bespoke consulting firm providing advisory services to family offices and c-suite executives. Its principals apply their decades of experience across heavy industry, private equity and finance to deliver innovative thinking and clarity to complex pro...Read More
Dave Rubin - Twitter, Released on 12/19/22Holy sheep shit. The government was actually paying Twitter to censor people.@elonmusk, maybe there is a way to make Twitter profitable! (Though will cost you your soul.) https://t.co/7oDPozZXpF- Dave Rubin (@RubinReport) December 19, 2022 The US government was actually paying Twitter to censor people added by Herman James on 12/20/2022View all posts by He...Read More
Mish Talk, Released on 12/19/22To understand what has happened and what is likely to happen, look at faith in the Fed and central banks in general.Continue... Mish Shedlock: Understanding Long Term Moves in Gold, What's Going On? added by Herman James on 12/20/2022View all posts by Herman James ?+'Read More
Nick Gerli - Twitter, Released on 12/19/22??"?The Demographic Decline of America. For first time EVER, there's more People Living Alone (37.9M) than Households with a Child (33.9M)BAD NEWS for future of Society and Housing Market. pic.twitter.com/vgmO70PuoW- Nick Gerli (@nickgerli1) December 19, 2022 The Demographic Decline of America added by Herman James on 12/20/2022View all posts by Herman...Read More
PeterSweden - Twitter, Released on 12/19/22There has been a 4070% increase in VAERS miscarriage and stillbirth reports after the mRNA shots were rolled out.Retweet if you think this should be bigger news???? pic.twitter.com/OZ5PHrfHWn- PeterSweden (@PeterSweden7) December 19, 2022 4070% increase in VAERS miscarriage and stillbirth reports after the mRNA shots were rolled out added by Herman James...Read More
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining Intelligence.This week's top drill assay comes from Burkina Faso, where West African Resources (ASX: WAF) reported that drill hole M1SRD_0207 at its Sanbrado gold operations returned 25 metres grading 90.17 grams gold per tonne fr...Read More
Stocks fell during the Dec. 12-16 trading period as the U.S. Federal Reserve increased interest rates again to fight high inflation and retail sales figures disappointed analysts. Markets were volatile. The S&P/TSX Composite Index shed 503.79 points or 2.5% to 19,443.28. The S&P/TSX Global Mining Index decreased 2.7 points or 2.4% to 108.3, and the S&P/TSX Global Base Metals Index lost 6.48 point...Read More
The S&P/TSX Venture Composite Index retreated by 1.36 points or 0.2% over the Dec. 12-16 trading period to end at 576.26. Los Andes Copper lost 45 ? to $13.50 over the period after the company said Dec. 9 it was being taken to court over environmental concerns about exploration drilling from 2007 to 2017 on its Vizcachitas project 120 km north of Santiago, Chile. Los Andes said it is fully commit...Read More
The Dow Jones Industrial Average fell 556 points, or 1.7%, to 32,920.46, and the S&P 500 lost 82 points or 2.1%, over the week to 3,852.4.The top value gainer this week was Natural Resource Partners LP which closed US$2.55 per share higher on Dec. 16 at US$45.55 apiece. The company's share price is riding high (up 50% over the past 12 months) amid a generally depressed natural resources sector. Th...Read More
Australia-based ioneer (NASDAQ: IONR; ASX: INR) said on Monday its flagship Rhyolite Ridge lithium-boron project in Nevada has advanced into the final stage of federal permitting.The company said the decision by the U.S. Bureau of Land Management (BLM) to publish a Notice of Intent (NOI) in the Federal Register, was a major milestone towards completing the permitting for the proposed mine. "This...Read More
Canada Nickel Co. (TSXV: CNC; US-OTC: CNIKF) is buying a 100% interest in the past-producing Texmont nickel property, situated between the company's Deloro and Sothman properties south of Timmins, Ont. "The acquisition of the Texmont property provides near-term smaller scale production potential and is highly complementary to our large-scale Crawford and regional nickel sulphide projects, chair a...Read More
Perpetua Resources (TSX: PPTA; NASDAQ: PPTA) announced on Monday that its Idaho-based subsidiary has received a technology investment of up to US$24.8 million under Title III of the Defense Production Act (DPA).The objective of the funding, issued by the Air Force Research Laboratory, is to complete the environmental and engineering studies necessary for Perpetua to obtain the required permits to...Read More
Trevali Mining will sell its 90% interest in the Rosh Pinah zinc-lead-silver mine, in Namibia, to Appian Natural Resources Fund III.The embattled miner has had a difficult financial and operative year. Its president and chief executive Ricus Grimbeek left the company in September following a Burkina Faso court's verdict that found two employees guilty of involuntary manslaughter.The convictions...Read More
Newcrest Mining (TSX: NCM; ASX: NCM) announced on Monday that its chief executive officer Sandeep Biswas is retiring from the role effective immediately, after eight years at the helm of Australia's top gold miner, but will stay as an advisor until March 2023.Chief financial officer Sherry Duhe, who joined the company in February, will step in as interim chief executive while a global internal...Read More
The Panamanian chapter of Transparency International (TI) issued a communiqu?(C) denouncing what the organization deems as a lack of clarity in the negotiations between the government of President Laurentino Cortizo and Minera Panam??, the local subsidiary of First Quantum Minerals (TSX: FM).On Friday, the Panamanian government ordered the Canadian miner to halt operations at its Cobre Panam?? cop...Read More
It's that time of year again.No, not Christmas.Not New Year's resolutions.It's time for our big predictions for 2023!If you've stuck with us Outsiders, you know this year's been a doozy.But it's set us investors up for bargain hunting next year.We still believe there's never been a better time to be an investor.It's simple... the two sectors that have explosive potential next year a...Read More
A lot of the story about the collapse of FTX has been filled in over the past month, culminating with the arrest and pending deportation to the United States of the FTX mastermind Samuel Bankman-Fried.Actually, "mastermind" may be giving Sam too much credit. He appears to be a garden-variety, even boring fraud who simply stole customer money and used it to buy real estate and pay off politicians.T...Read More
Daily Reckoning, Released on 12/19/22This is a financial earthquake of 9.0 on the Richter scale waiting to happen.Continue... Rickards: A 9.0 Financial Earthquake added by Herman James on 12/30/2022View all posts by Herman James ?+'Read More
Dec 15, 2022 Stories from the front! Discover the stories, experiences and anecdotes geologists with their boots on the ground ...Read More