The Big ConThe Usual SuspectsUnsafe at Any SpeedLooking for SolutionsMaine and MontanaI have a special treat for you. I'm at Camp Kotok, the annual economics/fishing retreat in Maine. Knowing internet connectivity would be scarce here, I asked good friend Larry Kotlikoff to be your guest writer this week.For those who don't know, Larry is a Boston University economist whose work spans an amazi...Read More

In this segment Mr. Rule fully discusses the likelihood that we are in a sustainable significant gold bull market after a deep, deep bear market. One always precedes the other. Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest...Read More

Why hard assets are so important given the current state of global markets.Full Article and Comments at: https://www.peakprosperity.com/the-ha...Part 2 of this Article (Defending Against The Global Currency Crisis): https://www.peakprosperity.com/defend...Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regar...Read More

- Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price jumped up the moment that trading began at 6:00 p.m. EDT on Thursday evening in New York. It ran into "all the usual" suspects" almost immediately -- and then chopped rather aimlessly sideways until the 2:15 p.m. China Standard Time afternoon gold fix in Shanghai. It was stair-stepped lower from there until the low t...Read More

The Big ConThe Usual SuspectsUnsafe at Any SpeedLooking for SolutionsMaine and MontanaI have a special treat for you. I'm at Camp Kotok, the annual economics/fishing retreat in Maine. Knowing internet connectivity would be scarce here, I asked good friend Larry Kotlikoff to be your guest writer this week.For those who don't know, Larry is a Boston University economist whose work spans an amazi...Read More

RAPAPORT... Long before the threat of tariffs on Chinese goods loomed large,brick-and-mortar retailers in the US were facing challenges. So far this year,US retailers have announced plans to shut down over 7,000 stores after almost6,000 closed in 2018, according to research and advisory firm CoresightResearch, which estimates that the total could climb as high as 12,000 by theend of the year.With...Read More

RAPAPORT...The stability of the diamond industry is largely in thehands of 122 manufacturers and dealers that buy rough on a contractual basis. Many of the sector's current problems have resulted from too much rough entering the market in the past two to three years. Most of that supply is provided through the long-term sales programs that De Beers, Alrosa,Dominion Diamond Mines and Rio Tinto...Read More

RAPAPORT... Sales and profit at Kingold Jewelry decreased in the secondquarter as the China-based gold supplier noted a decline in demand for itsbranded jewelry. Total revenue dropped 12% year on year to $598 million inthe three months ending June 30, the manufacturer and designer of jewelry,ornaments and investment products said last week. Profit fell 7% to $12.6million. The decrease in sal...Read More

RAPAPORT... Lucara Diamond Corp.'s profit fell in the second quarteramid an increase in the production of smaller stones from its Karowe mine,which yielded a lower average price. Profit declined to $700,000 in the three months ending June30, compared with $19.7 million during the same period the year before. Revenuefrom the Botswana deposit dropped 34% year on year to $42.5 million, even assa...Read More

RAPAPORT... Alrosa's July sales slumped to their lowest point in three years, as weakness in the rough market continued to impact demand.   The Russian miner's total sales slid 50% to $170.5 millionfor the month, it reported Friday. Rough-diamond sales, which account for thebulk of the company's revenue, dropped 51% to $164.6 million. Polished salesincreased 11% to $5.9 million. Pre...Read More

The online edition of the Windhoek Observer reported that the review panel of the Central Procurement Board (CPB) has rejected an appeal that was filed by Prestige Diamond and Global Diamond Valuators Namibia, with regard to the awarding of the diamond valuation tender to Gem Diamonds Namibia. The panel decided in past July that there was no legal merit to the filed appeal. "Alternatively, the Rev...Read More

The Alrosa Group, the world's larhets diamond miner in volume, shared its diamond sales data for past July and the first seven months of 2019. Alrosa's sales for July 2019 stood at $170.5 million. Rough diamond sales came to $164.6 million, while polished diamond sales reached the $5.9 million mark. In the first seven months of the year, Alrosa sold $1,981 billion: $1,948.7 billion of ro...Read More

Sometimes life's important lessons are learned doing the most menial tasks. Editor's Note: This editorial ran several years ago, but is worth repeating. I no longer own the ISG as it is now the IIJA, a 501(c)3 non-profit entity since I donated the school to serve the industry. And I certainly don't make a six-figure income anymore, but that is my choice also. However, the story belo...Read More

"De Zeen" website reports on a Louis Vuitton exhibition that showcases its collaborations with leading artists over the past 160 years, complete with custom bags and a tropical pop-up shop. The Louis Vuitton X exhibition can be seen at  468 North Rodeo Drive building in Beverly Hills, Los Angeles. It has 180 items from the French fashion house's archive on display. The items are displaye...Read More

The closure of the world's biggest diamond mine ???,?" Argyle, in the Kimberly region of northern Australia - has drawn the attention of the international business press. In July, Bloomberg's diamond specialist Thomas Biesheuvel and his colleague David Stringer wrote an extensive piece about it.  Argyle, "famed more for the fistful of coveted pink and red gems it yields each year th...Read More

Here we go again: Cash-out refi hype is back full-blast, and for the first time since early 2006, people are doing it.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklaho...Read More

Gold has not reached $1550/oz yet but as it inches higher, some technical and sentiment indicators are urging caution.Continue...Read More

RAPAPORT... Long before the threat of tariffs on Chinese goods loomed large,brick-and-mortar retailers in the US were facing challenges. So far this year,US retailers have announced plans to shut down over 7,000 stores after almost6,000 closed in 2018, according to research and advisory firm CoresightResearch, which estimates that the total could climb as high as 12,000 by theend of the year.With...Read More

Keiji Haino / Jim O'Rourke / Oren Ambarchi -In the past only geniuses were capable of staging the perfect crime (also known as a revolution) Today anybody can accomplish their aims with the push of the button Part 2ae~"??? ??(C)ae??????' 1/4 ????,OE?????,,????EUR...?? ??'??OE?(R)OE?...????? 1/2 ?? 1/4 ^ae(TM),??<>???????????,,??oe?,????????????...Read More

Join Ellis Martin for a conversation with Sprott Global's Rick Rule at the recent Sprott Natural Resource Symposium in Vancouver, BC.In this segment Mr. Rule fully discusses the likelihood that we are in a sustainable significant gold bull market after a deep, deep bear market.One always precedes the other.http://www.ellismartinreport.comhttp://www.sprottglobal.comRead More