Recent News

Watchmaster Files for Insolvency after $10m Raid

December 01, 2022 / www.idexonline.com

(IDEX Online)  - Watchmaster, the online retailer that had $10m of luxury watches stolen from a vault in Berlin, yesterday filed for insolvency.The company says it's appointed an insolvency administrator to restructure the business, and hopes it will be able to continue trading.Its insurance only covers the purchase value of the watches, but not its investment in processing, certifying a...Read More

IDEX Price Report for 1 December: Rounds Down Yet Again, Some Rises Among Fancies

December 01, 2022 / www.idexonline.com

(IDEX Online) - Rounds fell yet again during November as the recession showed no sign of easing. Consumers turned to cheaper goods, pushing up some fancy prices.   Rounds  The decline that began in March continued, with price drops dominating almost every size category shown in 0.40-cts to 1.00-ct goods. There were very few price rises of any sort in goods below 1.25-cts. There...Read More

Rio Tinto outlines extent of inflation on costs

December 01, 2022 / www.mining-journal.com

Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Uranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThe company reported 2023 guidance yesterday at its investment seminar in London...Read More

Tech Talk for Thursday December 1st 2022

December 01, 2022 / www.timingthemarket.ca

U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 7:30 AM EST.October core PCE Price Index released at 8:30 AM EST is expected to increase 0.3% versus a gain of 0.5% in September. On a year-over-year basis, October core PCE Price Index is expected to increase 5.0 versus a gain of 5.1% in September. Snowflake $SNOW dropped $7.30 to $135.60 after the company of...Read More

Agnico Eagle banks on Canadian production upside

December 01, 2022 / www.northernminer.com

The largest producer of Canadian gold, Agnico Eagle Mines (TSX: AEM; NYSE: AEM), is banking on its soon-to-be-consolidated in-country portfolio to underpin its near and long-term production growth profile, executive chair Sean Boyd told the recent Canadian Mining Symposium in London, England.In an era where most gold majors have exited the Abitibi Gold Belt, including Barrick Gold (TSX: BX; NYSE:...Read More

Orezone Gold's Bombor?(C) mine in Burkina Faso enters commercial production

December 01, 2022 / www.northernminer.com

Orezone Gold (TSX: ORE; US-OTC: ORZCF) announced Thursday that its Bombor?(C) gold mine in Burkina Faso has now entered commercial production."Commercial production at Bombor?(C) is a significant milestone and transforms the company to producer status. We congratulate the Bombor?(C) team for their excellent execution in achieving this goal," Patrick Downey, president and CEO of Orezone, said in a...Read More

Brazil to let private sector mine for uranium

December 01, 2022 / www.northernminer.com

Brazil's lower house has approved a constitutional reform that authorizes the private sector to enter the uranium sector, which is currently the exclusive responsibility of state-run Ind??strias Nucleares do Brasil (INB).INB controls all activities related to mining of materials used for generating nuclear power. This has traduced into the country having to import most of the uranium used to powe...Read More

Mayfair Gold shares climb on Fenn-Gib drilling

December 01, 2022 / www.northernminer.com

Mayfair Gold (TSXV: MFG; US-OTC: MFGCF) shares rose this morning on the latest drill results from the company's flagship Fenn-Gib project in northeast Ontario, as it works toward a prefeasibility study next year.Highlights included hole FG22-253, which intersected 1.1 grams gold per tonne over 366.7 metres near the surface, including 4.12 grams gold over 14 metres and 5.66 grams gold over 16 metre...Read More

Nunavut rise in exploration spending masks North's lack of competitiveness, says mining chamber

December 01, 2022 / www.northernminer.com

Nunavut will see the highest proportional increase in exploration spending in Canada this year, according to data released last week by Natural Resources Canada (NRCan). Exploration will rise 95% - almost doubling total spend to $232.4 million from $119.2 million last year.However, while exploration spending is expected to increase this year across the Far North, and shows the region is climbing o...Read More

Canada approves Marathon palladium mine environmental plan

December 01, 2022 / www.northernminer.com

The federal government has approved Generation Mining's (TSX: GENM) Marathon palladium-copper project's environmental assessment, as part of a country-wide strategy that seeks to boost production of metals and minerals considered key for the energy transition towards renewables.The proposed mine, located 10 km from Marathon, Ont., is expected to produce an average of 245,000 oz. of palladium equiv...Read More

Peter Schiff: Coming currency crisis will fuel this inflation fire

December 01, 2022 / marketsanity.com

Fox News, Released on 12/1/22This stealth recession is just the beginning. A strong dollar has kept a lid on inflation and that strength is weakening. Peter Schiff and Robert Wolf discuss the economy on The Ingraham Angle with Laura Ingraham on Fox News. Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as Presi...Read More

The Next Currency Reset Will Be With Gold | Lynette Zang

December 01, 2022 / marketsanity.com

GoldSilver Pros, Released on 12/1/22Today we have a very special guest, Lynette Zang, Chief Market Analyst of IMT Trading, she is a champion for Gold and Silver, and she is coming to give her latest information on what's going on with the markets and the imminent reset that we will be facing sooner or later. Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms....Read More

Whistleblower Warns Of Gold Bullion Scams

December 01, 2022 / marketsanity.com

Liberty and Finance, Released on 12/1/22Following several testimonies from ordinary people who reported having been grievously overcharged by some high-profile precious metals dealers, we were shocked to learn how many individuals, couples, and widows are being overcharged to lose up to half of their retirement nest-egg or more. Now an industry insider came forward as a whistleblower to share his...Read More

IRS: Where did you get that $600 from peasants?

December 01, 2022 / marketsanity.com

Stalingrad & Poorski - Twitter, Released on 12/1/22How it started: Tax the RichHow it's going: Where did you get that $600 from peasants? pic.twitter.com/CyNuYGWDoL- Stalingrad & Poorski (@Stalingrad_Poor) December 1, 2022 IRS: Where did you get that $600 from peasants? added by Herman James on 12/02/2022View all posts by Herman James ?+'Read More

Mish Shedlock: The Fed Finally Admits a Housing Bubble

December 01, 2022 / marketsanity.com

Mish Talk, Released on 12/1/22Yesterday, Fed Chair Jerome Powell finally admitted the obvious: The US housing market is in a bubble.Continue... Mish Shedlock: The Fed Finally Admits a Housing Bubble added by Herman James on 12/02/2022View all posts by Herman James ?+'Read More

Jason Burack: Trying to stop a real estate crash?

December 01, 2022 / marketsanity.com

Jason Burack - Twitter, Released on 12/1/22Trying to stop a real estate crash? Also sounds like pension funds need cash to meet margin calls with other busted (overleveraged) trades @EmmaCFA1 https://t.co/qp7a3nCQik- Jason Burack (@JasonEBurack) December 1, 2022 Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup f...Read More

Dr. Peter McCullough: 'It looks like the messenger RNA is transferring from the vaccinated to the unvaccinated'

December 01, 2022 / marketsanity.com

Janey - Twitter, Released on 12/1/22'It looks like the messenger RNA IS transferring from the vaccinated to the unvaccinated' ~ Dr Peter McCullough pic.twitter.com/qk4RcjHBZO- Janey (@_Janey_J) December 1, 2022Dr. Peter McCullough: 'It looks like the messenger RNA is transferring from the vaccinated to the unvaccinated' added by Herman James on 12/02/2022View all posts by Herman James ?+'Read More

Switzerland, Facing an Unprecedented Power Shortage, Contemplates a Partial Ban on the Use of Electric Vehicles

December 01, 2022 / marketsanity.com

Global Research, Released on 12/1/22It turns out that you can have battery-powered cars, or you can have renewable energy, but you can't have both.The Swiss Confederation usually imports electricity from Continue... Switzerland, Facing an Unprecedented Power Shortage, Contemplates a Partial Ban on the Use of Electric Vehicles added by Herman James on 12/02/2022View all posts by Herman James ?+'Read More

Inflation is YOUR fault according to Janet Yellen

December 01, 2022 / marketsanity.com

The Money GPS - Twitter, Released on 12/1/22Read more here: https://www.foxnews.com/media/yellen-blames-americansInflation is YOUR fault according to Janet Yellen. It wasn't the trillion is money printing. It wasn't the massive government stimulus. It was you going to the store and paying much more for your goods and services. Thanks Jan-Jan.#janetyellen #inflation pic.twitter.com/04FlKZlrvW- The...Read More

Sorry, Russia's Winning the War

December 01, 2022 / dailyreckoning.com

Here's the mainstream narrative:The status of the war in Ukraine is best understood as a competition between the narrative and reality. The narrative consists of what you hear from mainstream media, the White House, the Pentagon and official sources in the U.K., France, Germany and both EU and NATO headquarters in Brussels.The reality consists of what's actually going on based on the best availabl...Read More

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