Bix says since the Dems won the house, taking down the bad guys will go even faster. Bix also has a critical update on JP Morgan's silver market rigging... by Bix Weir from Road to RootaSo much going on these days! In this morning's "Horn of Zeese" I cover the ramifications of the Election results, JP Morgan being exposed, my Clif High interview and much more! Read More
Bill Murphy explains exactly why silver is now the cheapest asset on the planet. He also shares what is in store for silver in the future...by Bill Murphy from the Gold Anti-Trust Action Committee (GATA)Remarks by Bill Murphy, ChairmanGold Anti-Trust Action Committee Inc.New Orleans Investment ConferenceFriday, November 2, 2018GATA's past and the future of gold and silverThanks for taking the time...Read More
The Dow Jones Industrial Average plummeted nearly 50% from peak to trough during "the Great Recession," which lasted from December 2007 to June 2009. That's why investors buy defensive and alternative investments like gold, silver, art, and wine.These types of investments can hold, and even increase, their value no matter what else is happening in the world. It doesn't matter if unemployment is at...Read More
RAPAPORT... Diamcor Mining will put an additional 5,336 carats of roughrecovered from its Krone-Endora at Venetia project on sale in November. The stones are in addition to the 2,607 carats from regularprocessing the miner reported in September, it said Tuesday. The companyrecovered the extra rough while completing planned refinements to the asset'sscreening systems. Of the supplementary ston...Read More
RAPAPORT... Namibia's rough-diamond division is expanding its client base, after seeing strong sales in its first year of operations. Namdia garnered revenue of NAD 2 billion ($142.8 million) in the 12 months that ended February 28, and last week declared a dividend of NAD 50 million ($3.6 million) to the government. It reported an after-tax profit of NAD 139.4 million ($10 million)."Our clie...Read More
RAPAPORT... The pace of sales of jewelry and other luxury items slowed in Hong Kong in September, as poor weather and trade fears drove down tourismtraffic to the municipality. Sales rose of 2.2% to HKD 6.15 billion ($785 million) for jewelry, watches, clocks and other valuable gifts, according to data from the Census and Statistics Department. The growth was well below the 20% increase it ha...Read More
(IDEX Online) - Lucapa Diamond Company and Bonas-Couzyn are to tender production from the Mothae mine in Lesotho in Antwerp. Mothae is located in the diamond-rich Maluti Mountains within 5km of Letseng, the world's highest US$ per carat kimberlite diamond mine. Lucapa owns 70% of the high-value Mothae kimberlite project in Lesotho in partnership with the government of Lesotho (30%)....Read More
The newly commissioned Verkhne-Munskoe deposit, in western Yakutia, has yielded its first large diamond, Russian miner Alrosa reported on Wednesday, announcing the recovery of a 51.49 ct rough diamond.The transparent round-shaped octahedron crystal has an insignificant yellow hue and measures 23 mm by 22 mm by 15 mm.Advertisement"It is the first rough diamond over 50 carats from Verkhnyaya Mu...Read More
(IDEX Online) - ALROSA said it has recovered the first large gem-quality rough diamond from Verkhne-Munskoe deposit that was commissioned on October 31. The transparent round-shaped octahedron crystal with insignificant yellow hue was recovered from Zapolyarnaya pipe - one of four kimberlite pipes at the deposit. The 51.49-carat rough diamond measures 23 by 22 by 15 mm. The approximate age...Read More
(IDEX Online) - Vicenza's Museo del Gioiello jewelry museum - a project promoted by the Italian Exhibition Group (IEG) in partnership with Vicenza Municipality - is changing its entire collection. The new collection features 310 unique exhibits, many of which belong to private collections that are not usually accessible to the public or to sector insiders. The Museo del Gioiello is...Read More
The share price of diversified junior Savannah Resources jumped 6% on Wednesday on news of three newly discovered pegmatites at the Pinheiro deposit at the Mina do Barroso (MdB) lithium project, in northern Portugal.Pinheiro is now the fourth major deposit in the mining lease and has the potential to increase the mineral resource estimate to more than 20-million tonnes, for over 200 000 t of...Read More
(IDEX Online) - Richline Group, a wholly owned subsidiary of Berkshire Hathaway, is partnering with JCPenney and Macy's to introduce Grown With Love, lab grown diamonds this holiday season. "The category of lab grown diamonds is revolutionizing the diamond industry. As the name implies, these diamonds are grown in a lab and are chemically, physically and optically identical to mined diamond...Read More
Quebec miner Stornoway Diamonds is investigating a potential new openpit at the Renard diamond mine, which earlier this year transitioned to underground operations.The new openpit being studied is located at the Renard 4 and nearby Renard 9 kimberlites and will supply ore feed earlier in the mine life. Such a pit, the company said on Wednesday, would allow the extraction of about two-million carat...Read More
JOHANNESBURG – Anglo American is going where larger rivals fear to tread, returning to its African roots to tap mineral assets with compelling returns.The storied mining company, founded by Ernest Oppenheimer in Johannesburg a century ago, is devoting a third of its exploration budget to the continent, including searching for copper and cobalt in Angola and Zambia.AdvertisementIn South Afri...Read More
Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resourcesThe bank increased the target price to £11 (US$14.47) per share from the previous £10/share and also retained the "outperform" rating, noting that copper was still one of its favoured commodities and, as a copper pure play, Antofagasta was poised to benefit from the upside seen in the commodity.Antofagasta's share price fell...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 20 points in pre-opening trade. The cannabis ETF (HMMJ $20.53 Cdn) is expected to open higher after Michigan voted to approve recreational use of cannabis and several states voted to legalize use of cannabis for medical use. Michael Kors dropped $6.58 to $50.87 after reporting less than consensus third quarter revenues...Read More
Good morning and welcome to post-election America!With all of the hype and drama leading up to yesterday’s midterm election, you might think that the sun wasn’t going to come up this morning...But despite the dire warnings from both sides of the aisle, life continues. And for most of us, it’s simply “business as usual” this morning.But what should we expect as investo...Read More
QUESTION: Mr. Armstrong; I really encountered an insane goldbug who claimed you were paid off by the gold cartel to keep the price down. These people cannot open their eyes and see anything but gold or bitcoin. Then they argue the age of knowledge and bitcoin will become the new reserve currency. You really have to wonder if these people are on drugs. Will you be doing a gold report soon? Is...Read More
Jared Kushner paid no federal income tax for years. A couple weeks ago, New York Times reported that Jared Kushner "paid little or no income tax from 2009 to 2016."Gasp!President Trump's son-in-law and his family company have spent billions of dollars buying real estate. His net worth is reported to be almost $324 million. But yet, they have paid almost no federal income taxes."In 2015, for exampl...Read More
DR Congo: Is government intervention the real risk to watch?SPONSOREDverisk maplecroftBezant's Mankayan back in copper-gold spotlightSPONSOREDbezant resourcesKyzyl ramp-up signals new growth path at buoyant PolymetalSPONSOREDpolymetal internationalGolden Mile has the right stuff: ReynoldsSPONSOREDgolden mile resourcesThere was once a time when I was immortal. In my 20s, I was fit. Rugby t...Read More