"So the wind is blowing toward Democrats, so let's skew the results toward Democrats," he added."It's skewed by the owners or the drivers of the algorithm," Lakhkar explains, addingContinue...Read More
But if central banks, the super-rich and their advisers are all jumping on the gold bandwagon, what are you waiting for?Continue...Read More
We're not in the beginning of the end. We're in the end of the end. The global economic collapse is accelerating, and so is the destruction of all currencies, including the US dollar. There is only one thing that can protect a person now: Gold & Silver...Egon von Greyerz joined Silver Doctors on Tuesday, October 20, 2020, for a robust discussion on the current state of the global economy. Egon say...Read More
While we have previously reported - and by now it is common knowledge - that Covid-19 usually kills only the very old with virtually no deaths in the 45 and under category and most deaths in the 75 and over category.Continue...Read More
The vast majority of the New York Times's subscribers are white people. These are people who apparently are so emotionally and mentally weak and so full of guilt and self-loathing Continue...Read More
High-grade discoveries in the region have raised the prospect of district-scale mineralization for the area around UrbanGold's projects. Quebec's Troilus-Frotet area has been a beehive of exploration activity. A number of companies including UrbanGold, Troilus Gold Corp., Kenorland Minerals and X-Terra Resources have been exploring the area. At the end of July, Kenorland announced a major discove...Read More
The Gold price traded to a new all time high to well beyond the $2000 milestone after having held in a trading range at just below $1800 for most of the post corona crash bounce. June saw the gold price further lift it's trading range to $1840 before the fuse was lit and Gold preceded to bust through $1900, and soon above it's previous $1911 all time high, then $2000, finally coming within a whis...Read More
The inflation remains low and below the Fed’s target. So, should gold bulls worry about it?The U.S. CPI inflation rate rose by 0.2 percent in September , following a 0.4 percent increase in August. It was the smallest jump since May. The move was driven by a 6.7- percent spike in the cost of used cars and trucks, and it’s the most significant upward change over half a century. The core...Read More
https://media.blubrry.com/silverdoctors/p/content.blubrry.com/silverdoctors/EVGreyerz-SD-Oct20-Audio.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Android | Email | Stitcher | RSSWe're not in the beginning of the end. We're in the end of the end. The global economic collapse is accelerating, and so is the destruction of...Egon von Greyerz of Matterhorn Asset Management (Gold...Read More
RAPAPORT... Swiss watch exports continued to decline in September, with China the only country to see an improvement.Total shipments fell 12% year on year to CHF 1.6 billion ($1.77 billion), the seventh consecutive monthly decrease. Although the decline was softer than in previous months, the market is still heavily reliant on Chinese orders, the Federation of the Swiss Watch Industry reported Tue...Read More
RAPAPORT... Patrick Merrin has stepped down as interim CEO of Dominion Diamond Mines, deeming it "appropriate" to focus on his position at the rough producer's parent company.Merrin, who is chief operating officer at the Washington Companies, took on the lead role at Dominion when Shane Durgin left in February. The miner's full executive team will run the company temporarily until a solution is fo...Read More
RAPAPORT... The Plumb Club, an alliance of jewelry suppliers, has launched a collaboration with New York's Fashion Institute of Technology (FIT) to help design students enter the industry.The project connects students in FIT's jewelry-design program with Plumb Club members, offering them mentoring, internships and exposure to potential employers, the trade organization said Monday. Students w...Read More
RAPAPORT... Petra Diamonds has called off its formal sales process, as its lenders have acquired majority ownership in the company in exchange for writing off sizeable debts.The groups reached the agreement following discussions on a long-term restructuring plan for the company that would allow it to pay back the $650 million in secured debt it currently owes, Petra said Tuesday. The miner had bee...Read More
RAPAPORT... WD Lab Grown Diamonds has hired heads of marketing, merchandise and operations as the US-based producer expands under private-equity ownership.Brittany Lewis joined WD earlier this year to lead marketing and merchandising, the company said last week. Her background is in branding, marketing and digital transformation for startups.Meanwhile, Caleb Wood has come on board as chief op...Read More
(IDEX Online) - India's recovering diamond industry is reportedly running short of rough, as coronavirus restricts air travel.Demand is growing but after three voluntary trade embargoes at the peak of the pandemic, the country's collective $2.7bn inventory is "almost exhausted".Small and medium diamantaires in India can't get to South Africa or Belgium to physically inspect rough di...Read More
RAPAPORT... The coronavirus crisis has split US jewelers into haves and have nots, Jewelers Board of Trade (JBT) president Erich Jacobs told the Rapaport Diamond Podcast.Digital-savvy businesses have thrived while less advanced competitors - or those exposed to the tourist industry - have fallen by the wayside, he noted. This has led to many jewelry companies losing their strong credit rating...Read More
(IDEX Online) - Troubled Petra Diamonds has agreed a debt-for-equity restructuring deal with lenders, after failing to attract any buyers.The UK-listed miner, founded by Adonis Pouroulis in 1997, was facing $650m of debts in senior secured bonds and launched a formal sales process in June to sell the company either as a whole.Today Petra Diamonds Limited (PDL) announced a deal whereby debtholders...Read More
(IDEX Online) - Botswana, the world's top diamond-producing country by value, has officially entered recession as it battles coronavirus.One of the biggest factors was the Q2 collapse of diamond mining. Production in carats fell by 67 percent according the latest report by the government's Statistics Botswana.The country's real GDP for April to June plunged 24 per cent as the global...Read More
Magna International (MG), a TSX 60 stock moved above $71.00 extending an intermediate uptrend. Pre-opening Comments for Tuesday October 20thU.S. equity index futures were higher this morning. S&P 500 futures were up 10 points in pre-opening trade. Index futures responded to renewed hopes for a fiscal stimulus package.Index futures were virtually unchanged following release of September U...Read More
CEO to discuss the Company's recent acquisition and latest exploration project located in a premier and growing gold district in Idaho, the Challis Gold ProjectELKO, Nev., Oct. 20, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, today announced that its Chief Executive Officer, Mr. Edward Karr is scheduled to present and conduct one...Read More