Gold has sure been afour-letter word lately, suffering one of its worst bull summers. The primary culprit was heavy gold-futuresselling on a parabolic US-dollar surge fueled by extreme Fed hawkishness. But the resulting gold technical damage reallydisheartened investors, spawning additional relentless selling from them. This investment bleeding has certainlyexacerbated gold&rsquo...Read More
Global demand keeps surging and is expected to continue its...by David Morgan of The Morgan ReportGlobal demand keeps surging and is expected to continue its upward trajectory. According to the Silver Institute's World Silver Survey 2022, demand for silver could reach a record high of 1.112 billion ounces in 2022.Silver has both industrial and investment applications, meaning that silver demand co...Read More
Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesZenith Minerals aiming for new heights with lithium focusSPONSOREDzenith minerals limitedNorth Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDSpeaking on a panel at the Precious Metals Summit moderated by Dundee Corporation executive vice pr...Read More
Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesZenith Minerals aiming for new heights with lithium focusSPONSOREDzenith minerals limitedNorth Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdMining Journal and MiningNews.Net Critical Minerals reportSPONSORED"Maarten is an extremely capable and experienced finance professional and I am looking forward to w...Read More
There were various rumours circulating at the recent 2022 Precious Metals Summit in Beaver Creek in Colorado about the future of the industry leader, as well as the company being an acquisitionRead More
The assets include Coeur's C-Horst, SNA, Secret Pass and Daisy ore bodies, as well as the decommissioned Sterling mine.Read More
Incrementum AG managing partner and investment manager Ronald-Peter Stöferle told the forum US$50 trillion had been wiped from global markets so far this year - more than the combined GDP of theRead More
RAPAPORT... Covid-19 has exacerbated US retail theft, leading to a higher rate of loss and more violent crimes within stores, according to a survey by the National Retail Federation (NRF).Retail shrink - the difference between a store's recorded merchandise and the results of a physical inventory count - accounted for $94.5 billion in overall industry losses in 2021, compared to $90.8 billion the...Read More
(IDEX Online) - Russia's ongoing sale of diamonds to some dealers in India and Belgium and are said to be dividing the industry.Alrosa, the state-controlled miner, has been sanctioned by the US since its invasion of Ukraine in February, but is reportedly selling $250m of rough gems a month (compared with its $347m average in pre-war 2021).Indian hasn't imposed sanctions on Russian stones...Read More
(IDEX Online) - An early version of the only wedding ring ever worn by James Bond is expected to fetch up to $13,000 at auction.The 007 agent was married only once in all the 25 movies, to Contessa Teresa di Vicenzo (Diana Rigg) in the 1969 film On Her Majesty's Secret Service. She was assassinated shortly after the wedding. Bond was played by George Lazenby.Jeweler Charles de Temple created...Read More
(IDEX Online) - Reese Witherspoon dazzled in a platinum necklace set with 160 carats of aquamarines and blue zircons by Tiffany & Co at last week's Emmys in Los Angeles, California, USA.The actress, 46, who starred in the Legally Blonde movies, was nominated as lead actress at this year's ceremony for her role in Apple TV+'s The Morning Show.But the award went to 26-year-old Zen...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 33 points in pre-opening trade. AutoZone added $1.36 to $2,167.01 after reporting higher than consensus fiscal fourth quarter revenues and earnings. Netflix gained $3.82 to $243.95 after Oppenheimer upgraded the stock to Buy.Take Two Interactive dropped $7.14 to $117.05 after the company reported a hack of Grand Theft...Read More
Elixir Energy (ASX: EXR) holds a 100% interest, in the Nomgon IX coal bed methane (CBM) production sharing contract (PSC), a very large asset, located proximate to the Chinese border, in Mongolia's South Gobi region, near excellent infrastructure, and close to the rapidly growing Chinese gas market. The PSC has a minimum ten-year exploration period and a thirty-year (extendable) production period....Read More
SF Live, Released on 9/19/22We are speaking with Dave Kranzler about the silver squeeze that we just witnessed, us dollar, gold as a safe haven, FED, interest rates and much, much more.Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English an...Read More
Kitco News, Released on 9/19/22Adrian Day, President of Adrian Day Asset Management discusses his outlook on Fed policy, gold, and the economy with David Lin, Anchor for Kitco News at the Precious Metals Summit in Beaver Creek.0:00 - Fed rate hikes3:14 - Unemployment rate6:53 - Retail sales data8:50 - Personal saving rate10:11 - Economic outlook14:35 - Fed policy in the past16:35 - Inflation expec...Read More
The company said that the commission behind the vote is comprised of individuals with an anti-mining agenda and biased and illegal activities were observed during the referendum process.Read More
If you're a longtime Daily Reckoning reader, you've heard of numerous plans to end the role of the U.S. dollar as the leading reserve currency.These plans go by many names including the Great Reset, Bretton Woods II and other names suggesting some kind of deep dark conspiracy. The reality is less sinister but no less important.The main thing to understand about the role of the dollar in the intern...Read More
Daily Reckoning, Released on 9/19/22The main thing to understand about the role of the dollar in the international monetary system is that Continue... Rickards: Another Crack in the Dollar's Foundation added by Herman James on 09/21/2022View all posts by Herman James ?+'Read More
Shares in Callinex Mines (TSXV: CNX) rose more than 15% today after the Vancouver-based company reported drilling results from its Pine Bay copper, gold, silver and zinc project in Manitoba. Drilling at the Rainbow deposit at Pine Bay, near Flin Flon, cut 33.7 metres of 4.29% copper, 0.22 gram gold per tonne, 4.63 grams silver per tonne and 0.31% zinc (or 4.6% copper equivalent) from 636.3 metres...Read More
Asked about how many cars Tesla will have made by August 2032 - 10 years from now - the company founder Elon Musk said: "I'd say 100 million is pretty doable."Reaching the 100 million mark by the end of the decade is also considered essential to reduce carbon emissions and achieve the Paris Agreement.In total, 22 U.S. states have set the goal to have 100% carbon-free electricity before 2050. A...Read More