RAPAPORT... The Botswana government has refuted a report that the country might scale back its sales partnership with De Beers.The local Sunday Standard claimed Botswana was expected to offer most of its large stones through parastatal Okavango Diamond Company to a partnership between Lucara Diamond Corp. and Belgian manufacturer HB Antwerp.President Mokgweetsi Masisi "publicly and forcefully...Read More
RAPAPORT... Hong Kong's hard-luxury sales rebounded in September amid an improved job market and a new stimulus payment.Sales of jewelry, watches, clocks and valuable gifts rose 8% year on year to HKD 3.44 billion ($437.6 million) for the month, the municipality's Census and Statistics Department reported Tuesday. While July's sales saw a 30% boost, the growth slowed in August, rising only 4%. Sep...Read More
RAPAPORT... The Responsible Jewellery Council (RJC) has appointed World Diamond Council (WDC) president Edward Asscher as vice chairman at its first in-person board meeting since the start of the pandemic.In addition to serving his second term as head of the WDC, Asscher, who was elected at the October 6 meeting in London, is the founder of the Royal Asscher Diamond Company, the RJC said Tuesday....Read More
RAPAPORT PRESS RELEASE, November 2, 2022, Las Vegas... Diamond trading was cautious in October as demand softened. Dealers lacked the urgency to buy, anticipating further price drops. The Jewish holidays and India's Diwali festival also slowed business. US jewelers remain optimistic for the upcoming holiday season despite high inflation and economic declines.The RapNet Diamond Index (RAPI?,,?) for...Read More
RAPAPORT... A 6.25-carat emerald that spent nearly four centuries in the depths of the ocean is set to go under the hammer at an upcoming Sotheby's sale in New York.The octagonal step-cut gem, salvaged from the fabled Nuestra Se??ora de Atocha shipwreck of 1622, will be one of the items the auction house will showcase at its December 7 Magnificent Jewels sale, it said Monday. A specialized team le...Read More
(IDEX Online) - Botswana's president has slammed a newspaper suggestion that the country would no longer be selling its larger diamonds to De Beers.Mokgweetsi Masisi told delegates at the Natural Diamond Summit, in the capital Gaborone, that the report was "false" and "ludicrous". The Sunday Standard newspaper ran a story headlined "Masisi to ditch De Beers for Lucara and HB Antwerp?".It...Read More
(IDEX Online) - A long-lost emerald, salvaged from a 400-year-old shipwreck is to be auctioned by Sotheby's New York.The octagonal step-cut 6.25 carat emerald ring will be sold with a $50,000 to $70,000 estimate and all proceeds will go to humanitarian efforts in Ukraine.The gemstone was lost for 363 years after the galleon Nuestra Senora de Atocha sank during the hurricane season in th...Read More
(IDEX Online) - The Bharat Diamond Bourse (BDB), in Mumbai, India, has celebrated 12 years of operations. Vice president Mehul Shah thanked the Israel Diamond Exchange (IDE), in Ramat Gan, saying it had served as inspiration for the venture. The BDB complex (pictured), covering 2m sq ft, was designed in the shape of a diamond and, like IDE, it has interconnected high-rise buildings....Read More
Digital capital raising platform opens doors with over 100 ASX offers completedSPONSOREDblue horseshoe ventures pty limitedStudy points to more copper-gold potential for PolarX in AlaskaSPONSOREDpolarx limitedPurepoint Uranium Group Well Positioned to Make Next Athabasca DiscoverySPONSOREDpurepoint uraniumSheffield flashes a green light at ThunderbirdSPONSOREDsheffield resources limited &nbs...Read More
BHP will acquire a 19.9% stake in Brixton Metals at C$0.18 a share in deal which potentially totals C$13.4 million.Read More
"The Pentwater parties have agreed to withhold their votes at the special meeting and have delivered notices of the exercise of their dissent rights in respect of the arrangement," Pentwater CapitalRead More
Digital capital raising platform opens doors with over 100 ASX offers completedSPONSOREDblue horseshoe ventures pty limitedStudy points to more copper-gold potential for PolarX in AlaskaSPONSOREDpolarx limitedPurepoint Uranium Group Well Positioned to Make Next Athabasca DiscoverySPONSOREDpurepoint uraniumSheffield flashes a green light at ThunderbirdSPONSOREDsheffield resources limitedIt comes af...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were down 2 points in pre-opening trade. Focus today is the FOMC announcement on monetary policy at 2:00 PM EDT. Consensus calls for an increase in the Fed Fund Rate by 0.75% to 3.75%-4.00% and a $95 billion asset purchase.Advanced Micro Devices $AMD added $2.41 to $62.07 after the company offered positive fourth quarter revenu...Read More
Doug Casey's Take, Released on 11/2/22If you're an action oriented individual looking to thrive in the coming chaos, you might be a perfect fit for our new premium service: Doug Casey's Phyle. https://phyle.coDoug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman...Read More
Lara Logan - Twitter, Released on 11/2/22pic.twitter.com/EfGzrCpQaH- Lara Logan (@laralogan) November 2, 2022 U.N. "experts" have been warning of catastrophic global warming for the last 33 years added by Herman James on 11/03/2022View all posts by Herman James ?+'Read More
Of Two Minds (via Dollar Collapse), Released on 11/2/22The era of all-powerful central banks is over for a simple reason: they failed: they failed their citizensContinue... Charles Hugh Smith: The Era of All-Powerful Central Banks Is Over added by Herman James on 11/03/2022View all posts by Herman James ?+'Read More
News from Underground by Mark Crispin Miller, Released on 11/2/22Food writer Julie Powell; cardiologist Lauren Gray Gilstrap; Dead Kennedys drummer D.H. Peligro; "Schitt's Creek" producer Ben Feigin; actor Tim Roth's son Cormac; urban theorist Mike Davis; and moreContinue... In memory of those who "died suddenly" in the United States, October 24-October 31 added by Herman James on 11/03/2022View a...Read More
Benny Johnson - Twitter, Released on 11/2/22Biden: Paul Pelosi's attack is literally J6 pic.twitter.com/kIDHgB5wr4- Benny Johnson (@bennyjohnson) November 2, 2022Biden: Paul Pelosi's attack is literally J6 added by Herman James on 11/03/2022View all posts by Herman James ?+'Read More
"...that's where we're headed, before the end of the year..."by Bix Weir of Road to RootaThe Physical COMEX Silver Inventories are being drained at such a rate that there will be NOTHING LEFT by the end of the year! This is ALL part of the JPM to BofA to Warren Buffett derivatives debacle that was set up in February 2021 and comes to fulfillment on December 31, 2022. If you haven't bought silver y...Read More
Wait for it...Wait for it...Waaaaaaaaaaaaait for it...(by Half Dollar) The Fed has officially just concluded its most recent 2-day FOMC meeting.Here's the Fed's statement, posted in its entirety (bold added for emphasis and commentary):Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflat...Read More