Featured GuestsDr. Stephen Leeb &Arch Crawford Show HighlightsArch Crawford, head of Crawford Perspectives for 41 consecutive years, outlines his technical perspective on the global financial markets.US shares could continue to decline along with global equities where shares in the Shanghai exchange dropped 21% from the peak. Market volatility may explode next month - June 6th - 14th could be a...Read More
By John MauldinOff the TracksWoes to ComeGrowing LeveragePension ProblemsLos Angeles, Puerto Rico, Maine, and Beaver CreekWe are approaching the end of the debt Train Wreck series. I've spent several weeks explaining why I think excessive debt is dragging the world economy toward an epic crash. The tracks ahead are clear for now but will not remain so. The end probably won't be pretty. But there...Read More
By Gary TanashianYou have better things to do than read droning macro analysis or long, drawn out investment theses. It is a weekend in the dead of summer and for that reason we go easy this week; real easy.The 3 Amigos are here to simply say that things are as they have been, with Amigo #2 (long-term yields) getting home and pulling back on cue, and the other two (SPX/Gold ratio & Yield Curve)...Read More
Not so long ago, student debt was mostly the responsibility of students. That is, you paid for college with loans and then paid off those loans with the proceeds of the good job you got with an advanced education.These days it's a little different. The cost of higher education is soaring, the jobs available to college grads don't pay as much, relatively speaking, as they used to, and the size of...Read More
By Steve St. AngeloHow is the U.S. is becoming "Energy Independent," if we are still importing almost 8 million barrels per day of oil?? While the Mainstream media and the Whitehouse continue with the energy independent mantra, the U.S. is still highly reliant upon a great deal of foreign oil. And, why would the U.S. import 8 million barrels of oil per day if its shale oil production has...Read More
By George SmithIn past writings I've attempted to show that the majority of the social problems experienced throughout the world poverty, war, economic collapse, famine, hyperinflation, genocide, unilaterally broken agreements can be traced to the dominant form of social organization under which we live: the State. Simply put, states are bullies that collect their revenue through theft and...Read More
"Well, I think we have a lot of foes. I think the European Union is a foe, what they do to us in trade. Now, you wouldn't think of the European Union, but they're a Continue...Read More
Company sees agreement as movement toward seeking venture partners. Esperanza Drill CampCentenera Mining Corp. (CT:TSX.V; CTMIF:OTCQX) recently announced it signed a definitive property option agreement for the Esperanza Copper-Gold Project in San Juan Province, Argentina. Previously, the company entered into a binding Letter of Intent with an arm's length vendor by which Centenera was granted an...Read More
This Canadian firm's summer exploration program has produced assays ranging to 226 g/t gold. In a July 12 press release, Canadian explorer TerraX Minerals Inc. (TXR:TSX.V) reported assay results from summer field programs on several zones in its Yellowknife City gold project.The first set of results is from samples taken from the Gull Lake and Rater Lake zones. "The highlight assays are 43.7 g/t...Read More
Featured GuestsDr. Stephen Leeb &Arch Crawford Show HighlightsArch Crawford, head of Crawford Perspectives for 41 consecutive years, outlines his technical perspective on the global financial markets.US shares could continue to decline along with global equities where shares in the Shanghai exchange dropped 21% from the peak. Market volatility may explode next month - June 6th - 14th could be a...Read More
By John MauldinOff the TracksWoes to ComeGrowing LeveragePension ProblemsLos Angeles, Puerto Rico, Maine, and Beaver CreekWe are approaching the end of the debt Train Wreck series. I've spent several weeks explaining why I think excessive debt is dragging the world economy toward an epic crash. The tracks ahead are clear for now but will not remain so. The end probably won't be pretty. But there...Read More
By Gary TanashianYou have better things to do than read droning macro analysis or long, drawn out investment theses. It is a weekend in the dead of summer and for that reason we go easy this week; real easy.The 3 Amigos are here to simply say that things are as they have been, with Amigo #2 (long-term yields) getting home and pulling back on cue, and the other two (SPX/Gold ratio & Yield Curve)...Read More
Not so long ago, student debt was mostly the responsibility of students. That is, you paid for college with loans and then paid off those loans with the proceeds of the good job you got with an advanced education.These days it's a little different. The cost of higher education is soaring, the jobs available to college grads don't pay as much, relatively speaking, as they used to, and the size of...Read More
By Steve St. AngeloHow is the U.S. is becoming "Energy Independent," if we are still importing almost 8 million barrels per day of oil?? While the Mainstream media and the Whitehouse continue with the energy independent mantra, the U.S. is still highly reliant upon a great deal of foreign oil. And, why would the U.S. import 8 million barrels of oil per day if its shale oil production has...Read More
By George SmithIn past writings I've attempted to show that the majority of the social problems experienced throughout the world poverty, war, economic collapse, famine, hyperinflation, genocide, unilaterally broken agreements can be traced to the dominant form of social organization under which we live: the State. Simply put, states are bullies that collect their revenue through theft and...Read More
A sovereign coin, silver, a Krugerrand, and a sweet price to boot! The South African Mint really hit it out of the park with this one! Here's the details...Many precious metal bullion buyers have been hoping for a competitively priced 1 oz Silver Krugerrand bullion coin.After last year's higher price limited issuance, it appears the South African Mint has heard silver bullion buyers loud and clea...Read More
RAPAPORT... Alrosa is planning to become the world's largest producer ofpolished colored diamonds, with the entire mine-to-customer process handledin-house. "We think we will be able to integrate into this segment andeven dominate it," a company spokesperson told Rapaport News Sunday. "AsAlrosa is the largest diamond miner, it is reasonable to expect today [that] weare the largest miner of colored...Read More
RAPAPORT... Jewelry manufacturer Unique Designs is the top contender to buy the assets of Nirav Modi subsidiary Fantasy, pending final bids in the auction of the company. An affiliate of Kiran Gems, Unique Designs has offered $725,983 in cash, according to a motion filed last week by Richard Levin, the trustee overseeing Fantasy's bankruptcy case. The court papers list the bid as the "highest and...Read More
RAPAPORT... The Chinese diamond and jewelry industry is facing highimport tariffs to the US as trade tension escalates between Washington andBeijing. On July 10, the US Trade Representative has announced plans for aproposed 10% hike on products from China that have an annual trade value of $200billion, with various raw materials and accessories used in the jewelry tradelisted in President Donald T...Read More
RAPAPORT... The World Federation of Diamond Bourses (WFDB) has appointedPeter Meeus as chairman of its World Diamond Mark (WDM) program. Meeus - who will take over from Alex Popov - was president of the DubaiDiamond Exchange from 2009 until earlier this year, and manager of what is now the Antwerp World DiamondCentre from 1999 to 2006. He is also a special adviser to the Central AfricanRepublic's...Read More