Oct 24, 2018 Guest(s): Frank Holmes CEO, U.S. Global Investors Gold is facing significant macro-economic transitions from foreign investors that could shift the sentiment to the positive side, said Frank Holmes, CEO of U.S. Global Investors. "We're seeing Eastern European countries show up: Poland, we see Hungary, just buying tons of gold. I think it's really significant on that transition that'...Read More
Oct 24, 2018 Guest(s): Alain Corbani Head of Commodities, Finance SA Alain Corbani, head of commodities at Finance SA, said that these two clues may hint at the next peak on gold. "At $1,200, gold mines are breaking even, so $1,200 is the bottom. That's the first answer I can give you. The second one is that usually the cycle peaks when the net margins of the industry exceed 25%," Corbani told K...Read More
Many minings stocks are undervalued more than they have been in the last 78 years, Fund Manager David Kranzler says. Trump may end up appointing 6 of the 7 Board of Governors of the Federal Reserve. Does this count as politicization of the Fed? The Fed has been politicized for a long time, Kranzler says.Dave Kranzler spent many years working in various Wall Street jobs. After business school, he p...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Discussed in this interview:03:06 David Morgan's reaction to the Nixon Shock of 1971.06:31 Chances for the return of the Gold Standard.10:08 Stock market exuberance a mirage?12:07 More debt today than in 2008.17:46 Bottom priced in for silver price?22:11 Commercials now long in silver.27:09 $100 silver still on the table?30:07 What if we are on a Silver Standard?33:28 View on cryptocurrencies.35:4...Read More
"We are told how everything is great, and we are in a global recovery. There is no global recovery. We reflated a debt bubble around the world. You can't borrow your way into prosperity anywhere. This is what the illusion is and that is everything is okay, but it's not."Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before...Read More
America's debt crisis has been steadily rising over the past decade, and household debt has risen for the 16th straight quarter.Continue...Read More
"We have eliminated this gossypol from the seed without affecting its levels in other parts of the plant. With the toxin removed from the cottonseed, it canContinue...Read More
The sell-off on Tuesday didn't weigh on the scale of sell-offs: The Dow, the S&P 500, and the Nasdaq were down only around 0.5%, give or take a little. But in the broaderContinue...Read More
The price action in palladium is eerily reminiscent of early 2001, and this could have major implications for gold and silver in the months ahead.Continue...Read More
RAPAPORT... A brand-management company that owns the Marilyn Monroeestate has bought the trademark rights to "Diamonds Are a Girl's Best Friend"at an auction of assets belonging to Nirav Modi's US businesses.ABG Intermediate Holdings, which trades as Authentic BrandsGroup (ABG), acquired the intellectual property related to the actress and singer'sfamous song title for $50,000 last month, accordin...Read More
RAPAPORT... De Beers' production fell 5% to 8.7 million carats in thethird quarter due to planned reductions in mining volumes in Botswana and SouthAfrica. The miner processed lower-grade ore at its Jwaneng mine inBotswana, resulting in overall output for Debswana - its joint venture with thenation's government - declining 6% to 5.7 million carats. It also carried out a scheduled shutdown of...Read More
(IDEX Online) - The 38th World Diamond Congress, the biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), began on Tuesday in Mumbai with the WFDB holding important Committee meetings. The meetings of the WFDB's Judicial, Trade & Business, Promotion, and Executive Committees heard updates regarding their...Read More
RAPAPORT... The World Jewellery Confederation (CIBJO) has proposedit work with other industry groups to consult with the US Federal TradeCommission (FTC) over its fiercely debated diamond terminology.Industry leaders attending the October 15 to 17CIBJO Congress in Bogot??, Colombia, called for the sector to relay a clearer message toconsumers when marketing diamonds, whether natural or laboratory-...Read More
(IDEX Online) - The International Gemological Institute (IGI) has opened a new facility in Mumbai at the Bharat Diamond Bourse. Located at Tower FW in the exchange, the space will serve as an extension of IGI's existing laboratory services, operating as a fully-fledged sorting and screening facility. Streamlining the evaluation process, trade personnel will also be able to drop their parce...Read More
To subscribe to our newsletter and get notified of new shows, please visit http://palisaderadio.comWarren discusses the lack of a "knock your socks off uranium rally" but he still feels the trend is our friend. Some of the developments in Kazakhstan have resulted in production cuts. KazAtomProm may be incentivized in the short term to keep a lid on the price of uranium until after their IPO. Then...Read More
Weekly Reports |Oct 23 2018The uranium spot priced ticked up again last week as Section 232 uncertainty lingers.-232 submissions roll in-Canada bites back-Kazatomprom IPO to proceedBy Greg PeelThe US Department of Commerce Section 232 investigation into US uranium imports from state-sponsored producers remains ongoing, with more than 900 comments now having been received for review. The investigat...Read More
Continue...Bob brought 321gold.com to the Internet almost 14 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 820 missions in Vietnam. He holds 1...Read More
De Beers Group on Tuesday reported that its rough diamond production had decreased by 5% to 8.7-million carats in the third quarter ended September 30, owing to planned volume reductions in Botswana and South Africa.In Botswana, production declined by 6% to 5.7-million carats owing to the planned processing of lower-grade material at Jwaneng. Production at Orapa remained in line with that of the t...Read More
Believe it or not, a technology used to water the Hanging Gardens of Babylon still dominates a part of our power infrastructure.Behold its first version, the revolutionary Archimedes' Screw.The concept is incredibly simple (and predates Archimedes by centuries). You turn a screw threaded through a pipe or trough and it pulls water up.Human power was replaced by motors late in the 1800s and the ext...Read More