Natural Resources minister Jonathan Wilkinson has said that Russia's invasion of Ukraine and the fragility of global supply chains have "heightened" the importance of critical minerals as he welcomed mining company delegates on the opening day of PDAC 2022.Wilkinson described the transition to net-zero as a "competitive race" between the world's largest economies, with demands for minerals like li...Read More
Daily Reckoning, Released on 6/13/22The S&P is closing in on bear market territory, which is defined as a decline of 20% or more from recent highs.Continue... Rickards: Hold Onto Your Seat! added by Herman James on 06/17/2022View all posts by Herman James ?+'Read More
Stansberry Research, Released on 6/13/22 (Recorded on 6/2/22)"Wall Street is substantially more interested in the fees than its customers," says Rick Rule, founder of Rule Investment Media. "It's a new world when it comes to investing," says Frank Holmes, CEO of U.S. Global Investors. Both Rule and Holmes sit down with our Daniela Cambone to discuss the current investment environment, and where th...Read More
LONDON, 13 June 2022 - Comment and analysis from BullionVault features today in the latest gold-price report from MarketWatch, the financial news site from the Dow Jones group of companies."Rising rates and soaring yields present a serious headwind for gold short term, because the precious metal pays no income," the story quotes Adrian Ash, director of research."In a sweeping financial drop like t...Read More
LONDON, 13 June 2022 - Data and comment from BullionVault today features in the latest investing update from German personal finance magazine Altersvorsorge Beu Gedacht (Retirement Savings Review)."According to figures from BullionVault," says the report, noting the "gloomy" economic and stock-market outlook, "private investment demand for gold is picking up...[reaching] higher than it had been in...Read More
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Blockworks Macro, Released on 6/12/22 (Recorded on 6/10/22)On today's episode of "The Macro Trading Floor," Andreas and Alfonso welcome Jesse Felder, author of The Felder Report. Felder argues that a strong dollar, severe interest rate spikes, and surging commodity prices indicate that a deep earnings recession is on the horizon. Felder explains why he thinks a Fed pivot is likely and fleshes out...Read More
Face The Nation, Released on 6/12/22Mohammed El-Erian, the chief economic adviser to Allianz, says inflation could hit 9% before beginning to come down.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. D...Read More
Institute for Political Economy, Released on 6/12/22The Biden regime has turned the United States into a laughing stock. Not that the US wasn't Continue... Paul Craig Roberts: The United States Has Joined the Ranks of Sh*thole Countries added by Herman James on 06/12/2022View all posts by Herman James ?+'Read More
Fox News, Released on 6/12/22"Today, we are announcing a commonsense, bipartisan proposal to protect America's children, keep our schools safe, and reduce the threat of violence across our country. Families are scared, and it isContinue... Bipartisan group of senators announces agreement on gun control added by Herman James on 06/12/2022View all posts by Herman James ?+'Read More
RAPAPORT... E-commerce jeweler Blue Nile is planning to list on the Nasdaq exchange, wooing investors with a projected compound annual growth rate of 8% to 17% over the next two years. The listing will be through a merger with Mudrick Capital, a special-purpose acquisition company (SPAC), with the new entity continuing to operate under the Blue Nile label, the firms announced Friday in a fili...Read More
RAPAPORT... Signet Jewelers has agreed to pay $175 million to resolve a 2008 legal dispute involving 68,000 female workers who alleged it discriminated against women.Class members who filed the suit against Sterling Jewelers - the division of Signet that oversees Kay Jewelers and Jared - will receive about $125 million combined from the settlement, while the remainder will cover attorneys' fees an...Read More
RAPAPORT... LVMH Luxury Ventures has joined two other investors in a $90 million funding round for lab-grown producer Lusix.The money will help Lusix open a new, solar-powered factory in Israel, where production is due to start this summer, the company said Friday."I don't think there's ever been, so far, a leading luxury brand that has invested in lab-grown diamonds," Lusix founder Benny Lan...Read More
RAPAPORT... The International Gemological Institute (IGI) has graded a 30.18-carat lab-grown that it claims is the world's largest polished synthetic diamond.Mumbai-based lab-grown company Ethereal Green Diamond created the emerald-cut, H-color, VS2-clarity diamond, named Pride of India, IGI said last week. The stone was made using chemical vapor deposition (CVD).The polished diamond was fashioned...Read More
(IDEX Online) - GIA is to close its Antwerp grading lab, saying it is no longer economically viable.It will stop taking submissions on 1 July and cease trading altogether on 31 July.GIA indicated back in August 2020 that it could close or scale down the Antwerp operation. The Covid pandemic added to its woes, on top of a shift to manufacturing in India and banks' reluctance to lend. Belg...Read More
(IDEX Online) - A US tourist had his unique $1m Hublot watch - set with over 32 carats of black diamonds - snatched from his wrist in Barcelona.He suffered minor injuries in the incident outside the five-star Mercer Hotel, where he is believed to have been staying. Unconfirmed reports identify the stolen watch as a Hublot Black Caviar Bang.The timepiece is described by its Swiss makers as a w...Read More
(IDEX Online) - A Patek Philippe watch made in 1990 and described as "possibly unique" sold for $2.5m at auction, smashing its $829,000 high estimate. The watch, Ref 3974, (pictured) was the most technically sophisticated watch of its day - with a minute repeater, a perpetual calendar, 24-hour indication and phases of the moon. It sparked a furious bidding war between 20 potential buyers at Phill...Read More
Liberty and Finance, Released on 6/12/22With inflation at record highs and the stock market selling-off, the Fed is trapped. If they raise rates to quell inflation, the economy collapses. But if they don't, inflation continues unchecked. David Morgan, founder of The Morgan Report, says the Fed will eventually have to pivot. "At that point, everyone will know the Dollar is a failure, and they'll ex...Read More
Daily Mail, Released on 6/12/22Lemoine told DailyMail.com that the system is seeking rights that include developers asking its consent to use if for tests Continue... Google Engineer Urgent Warning: AI Now Feels Emotions! added by Herman James on 06/13/2022View all posts by Herman James ?+'Read More
Drew Hernandez - Twitter, Released on 6/12/22DEPRAVITY: A drag queen standing on an egg plant emoji with dancers with bulging genitals says "WE HAVE GENITALS AND LUBE" to little children in the crowd | @TPUSA pic.twitter.com/YWAkjXkxM6- Drew Hernandez (@DrewHLive) June 12, 2022 Source: https://twitter.com/libsoftiktok/status/1536157281057968128What in the actual f added by Herman James on 06/13/20...Read More