"We request that you instruct the appropriate Democrat committee chairs to immediately join Republican calls to hold the Chinese Communist Party (CCP) accountable for its role in causing the global COVID-19 pandemic,"Continue...Read More
Two notable virologists claim to have found "unique fingerprints" on COVID-19 samples that only could have arisen from laboratory manipulation, according to an explosive 22-page paper obtained by the Daily Mail.Continue...Read More
Dr. Peter McCullough is an internist, cardiologist, epidemiologist, and Professor of Medicine at Texas A&M College of Medicine and he is warning against the Vaccine.Continue...Read More
Here are five Fastmarkets stories you might have missed on Friday May 28 that are worth another look....Read More
The silver miners’ stockshave mostly been consolidating high since last summer. While they’ve enjoyed some sharp rallies,those have been within that sideways-grind trend. That lack of overall upside progress has leftthis tiny contrarian sector out of favor, with apathy reigning. But as their recently-reported Q1’21 operatingand financial results revealed, silver...Read More
Here are five Fastmarkets stories you might have missed on Friday May 28 that are worth another look....Read More
Proponents of silver and their expectations for a much higher price have talked for years about the reasons “silver is undervalued” (their words, not mine).Whether it is a deficit in new production of silver or the gold-to-silver ratio, there is always something to talk about; so let’s talk. Below is a chart (source) of silver prices for the past century… Silver Pric...Read More
As we know, history tends to rhyme.It’s never the same, but when you zoom out, the bigger picture often looks verysimilar. What does it mean for gold?Short-termimplications With gold’s back-and-forth price actionmirroring its behavior from 2012, the yellow metal is likely destined fordevaluation.Back then, gold zigzagged with anxietybefore suffering a material drawdown. In fact, in ear...Read More
The latest FOMC minutes were dovish, especially in light of the recent increase in inflation and elevated asset valuations. What does it mean for gold?Yesterday, the FOMC published minutes from its last meeting in April . They’ve shown two things doing that: first, that some of the central bankers are worried about the inflation and elevated asset valuations; and, second, that the Fed is goi...Read More
This week has been trulybrutal for the entire cryptocurrency sector, with the prices of majorcurrencies like Bitcoin and Ethereum crashing at least 30%. Theoverall sector has shed trillions of dollars in value.The recent carnage forholders of digital currencies could be due to a variety of factors includingprofit taking spurred by Elon Musk, an easing of inflation worries, or concernsabout new reg...Read More
Here are five Fastmarkets stories you might have missed on Friday May 28 that are worth another look....Read More
Precious metals are among the best places to park your money in times of economic or political distress. Gold and silver offer stability during a period of extreme stock market volatility and low bond yields, and while they do not pay interest or dividends, they are not subject to inflation like paper currencies. It is also, in my opinion, a smart strategy to allocate a portion of gold a...Read More
When the USDX declines, the PMsusually celebrate and rise as a result. However, this was not the caseyesterday – and we can’t ignore it.“Reversal” is the name of the game, atleast when it comes to the precious metals market.The USD Index declined profoundly onceagain yesterday (May 18), and gold, silver, and mining stocks ignored thismove. They didn’t want to follow i...Read More
Gold recovered after a downward response to the surge in inflation. What’s next for the yellow metal?Gold rebounded after an initially bearish reaction to the BLS report showing that inflation soared 4.2% in April year-to-year. This means we have an inflation annual rate doubling the Fed’s target and the highest since the Great Recession as the chart below shows. It might now seem coun...Read More
Financialmarkets have become a complete joke. From GameStop to Dogecoin to non-fungible tokens(NFTs), a plethora of assets have been pushed to laughable heights with thehelp of the Federal Reserve’s funny money.Justabout everyone, except for stone-faced Fed officials, seems to be in on thejoke.Dogecoinpromoter and billionaire Tesla founder Elon Musk poked fun at cryptocurrencies and the U.S....Read More
RAPAPORT... Diamcor is set to expand the processing facilities at its mining project in South Africa, aiming to give output a boost.The company originally planned to overhaul the Krone-Endora at Venetia asset in 2020, but it delayed the work in order to reduce expenses during the coronavirus pandemic, it said last week. Diamcor expects the expansion to take place in two phases.During the firs...Read More
RAPAPORT... A new trade fair focusing on gemstones, jewelry, minerals and fossils will make its inaugural appearance in Colorado later this year.The HardRock Summit, which will feature over 400 exhibitors, educational seminars and keynote speakers, will run in Denver from September 16 to 21 at the Colorado Convention Center, its founders said last week. The event was created by Christoph Keilmann,...Read More
RAPAPORT... Israeli financial institution Peninsula saw profits surge after the company bought Union Bank's diamond business last year.Group-wide income from interest more than doubled year on year to ILS 45.8 million ($14.1 million)for the first quarter ending March 31, Peninsula said last week in a results statement. Net profit rose to ILS 22.2 million ($6.8 million) from ILS 8.1 million ($...Read More
(IDEX Online) - A bride-to-be was reunited with her engagement ring, after a diver armed with just a snorkel and an underwater metal detector found it at the bottom of a lake.The white gold and diamond ring slipped from her finger as she sat on a jetty on the shores of Windermere, the largest natural lake in England.Volunteer Angus Hosking, a freediver who regularly clears litter from the lake, of...Read More
(IDEX Online) - Lab grown company Aether says it has become the world's first diamond producer to receive vegan certification.Vegan Action now guarantees that diamonds made by the New York-based company "do not contain animal products or by-products and have not been tested on animals".Aether does not indicate in its press release what steps it took to ensure no animals were harmed in the man...Read More