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CHART: Stocks Are Still Very Expensive

January 12, 2023 / marketsanity.com

Ponzi Finance - Twitter, Released on 1/12/23Wilshire 5000 Market Cap to GDP is still well above the madness of the 2000 super bubble peak. Con artists want you focused on short-term catalysts and not on the bigger (more important) picture. pic.twitter.com/CuSf6tsGnb- Ponzi Finance (@BP_Rising) January 12, 2023 CHART: Stocks Are Still Very Expensive added by Herman James on 01/12/2023View all posts...Read More

Services Inflation Spikes to 4-Decade High

January 12, 2023 / marketsanity.com

Wolf Street, Released on 1/12/23Nearly two-thirds of consumer spending goes into services. Services include housing, insurance, healthcare, education, travel and hotel bookings, subscriptions, streaming, telecommunication, haircuts.... And this is where inflationContinue... Services Inflation Spikes to 4-Decade High added by Herman James on 01/12/2023View all posts by Herman James ?+'Read More

Remember, inflation is cumulative

January 12, 2023 / marketsanity.com

Ponzi Finance - Twitter, Released on 1/12/23"Official" CPLie is up a hot 15% since May 2020. Remember, it's cumulative. Must add each year together. Fed/Gov created 40% of money supply - 40% inflation or 40% purchasing power loss in a few years. Couple more at 6.5% and we may hit that 40%. Takes time to get full velocity. pic.twitter.com/5ZpC0ADpcv- Ponzi Finance (@BP_Rising) January 12, 2023...Read More

Tesla rumoured to be close to Indonesian EV plant deal...

January 12, 2023 / www.mining-journal.com

Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corp4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingThe country, which is rich in key battery metals, would offer the electric vehicle maker a steppingstone into the Southeast Asian marke...Read More

Greta Thunburg to join coal protest in Germany

January 12, 2023 / www.mining-journal.com

Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corp4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingUsing the social media platform Twitter, Thunberg said that "This Saturday 14/1 I will join activists in Lutzerath to defend the villag...Read More

N.American uranium stocks benefitting from price gains...

January 12, 2023 / www.mining-journal.com

The uranium spot price has gained around 5% so far this year without the help of physical trust buying.Read More

Sarine to Buy Majority Stake in GCAL Lab

January 12, 2023 / www.idexonline.com

(IDEX Online) - Sarine is set to acquire a majority stake in the New York-based GCAL grading lab for an undisclosed sum.The Israel-based diamond tech company, known for its Galaxy mapping systems, today said both sides had signed a non-binding MOU for an all-cash deal.GCAL (Gem Certification and Assurance Lab), a family business founded in 2001 by Don and Pamela Palmieri, is expecte...Read More

Historic Crown Modified for King Charles III

January 12, 2023 / www.idexonline.com

(IDEX Online) - The crown that will used at the coronation of King Charles III has been removed from the Tower of London for the first time in 60 years for "modification work".It was last worn by the late Queen Elizabeth II when she was crowned in 1953.Buckingham Palace said in a statement that the crown had been moved to an undisclosed location, ahead of the coronation on Saturday 6 May, but gave...Read More

India's Retail Gold Sales Will Slow in 2023

January 12, 2023 / www.idexonline.com

(IDEX Online) - Retail gold sales among India's "organized" jewelry retailers will be up by between 23 and 25 per cent in the financial year ending 31 March 2023.But growth in the subsequent 12 months will halve, to between eight and 12 per cent, according to the Mumbai-based Crisil ratings agency.It points to " slower growth in disposable incomes" together with a high base in fiscal 2022.Cri...Read More

Robbers steal copper worth millions from Chile port...

January 12, 2023 / www.mining-journal.com

Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corp4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingTen armed men entered the port early on Tuesday, attacked workers and stole 13 containers, 12 of which had copper, reported Reuters.Read More

Mining leaders bemoan the industry's recruitment problems ...

January 12, 2023 / www.mining-journal.com

Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corp4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streaming "We have a shortage of talent globally," Dominic Barton, chair of Rio Tinto, told the conference.  "In the UK we're seeing univ...Read More

Vice-minister of mining: Saudi Arabia must look overseas...

January 12, 2023 / www.mining-journal.com

Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corp4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streaming On January 12 the partly Saudi state-owned mining company Ma'aden announced a joint ventury with the PIF, the nation's sovereing wealt...Read More

'We'll be looking globally' Ma'aden CEO tells Mining...

January 12, 2023 / www.mining-journal.com

Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corp4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streaming "I don't think anybody should be too surprised," Ma'aden CEO Robert Wilt told Mining Journal at the Future Minerals Forum.Read More

Canada's Teck seen hurt by winter chills

January 12, 2023 / www.mining-journal.com

The setbacks come as the firm is set to boost its copper production this year with the expanded commissioning of the Quebrada Blanca Phase 2 mine in northern Chile.Read More

Tech Talk for Thursday January 12th 2023

January 12, 2023 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures at 7:30 AM EST were up 3 points. Focus this morning is on the U.S. December Consumer Price Index to be released at 8:30 AM EST. Consensus is a decline 0.1% versus a gain of 0.1% in November. On a year-over-year basis, December CPI is expected to increase 6.5% versus a gain of 7.1% in November. Excluding food and energy, Decemb...Read More

The Real Reason Big Oil Won't Invest in New Production

January 12, 2023 / www.energyandcapital.com

One bid.That was it.When the feds recently offered up an oil and gas lease in Alaska's Cook Inlet, they only got one bid for the right to drill there.One!This is insane and, as an energy investor, not something you should ignore. You see, at one time, oil and gas producers, with their very deep pockets, bid on nearly everything that came to auction. But they're not as loose with that cash as they...Read More

John Rubino: What Will the Aristocracy Try Next?

January 12, 2023 / marketsanity.com

John Rubino's Substack, Released on 1/12/23It's important to know what we're up against.Continue... John Rubino: What Will the Aristocracy Try Next? added by Herman James on 01/13/2023View all posts by Herman James ?+'Read More

CleanTech plans Laguna Verde lithium PFS for mid-year...

January 12, 2023 / www.mining-journal.com

4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingEarlier this month the company published a scoping study which featured an after-tax net present value of US$1.83...Read More

Here's What Today's Inflation Report Means

January 12, 2023 / dailyreckoning.com

Touch off the rockets. Light the sparklers and raise a joyous toast...For the experts have been proven correct - finally and for once. NBC News:Price growth in the United States cooled in December as the economy continued to show signs of weakening. Inflation landed at 6.5% compared to the 12 months prior.That figure was in line with analysts’ expectations, and a decrease from the 7.1% seen...Read More

Eurasian Resources expands search for EV minerals in Saudi Arabia

January 12, 2023 / www.northernminer.com

Eurasian Resources Group has signed deals to explore in Saudi Arabia with a Mars rover-like sampler as it helps prepare a passport for electric vehicles showing their battery mineral sources.The Luxembourg-based company, which is 40%-owned by the Kazakhstan government, agreed on Wednesday with Saudi state-owned miner Ma'aden to search for copper, nickel, lead, zinc and rare earths, chief executive...Read More

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