POSTED ON May 21, 2019 – POSTED IN Key Gold Headlines Don’t worry. Nothing to see here! That was pretty much the message Federal Reserve Chairman Jerome Powell delivered in a speech he gave at the Atlanta Federal Reserve bank conference on May 20. Powell talked about the high levels of corporate debt. In fact, corporate leverage… Read More
Before markets could finish shrugging off their losses from overnight, another wave of troubling trade news has arrived to sour the trading mood. Not only is Washington weighing whether to impose restrictions on Hangzhou Hikvision Digital Technology – a CCTV company that’s the largest supplier of video surveillance equipment for Beijing’s indomitable security apparatus –… Read More
Authored by Patrick Buchanan via Buchanan.org, Next week, Europeans may be able to gauge how high the tide of populism and nationalism has risen within their countries and on their continent. <!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> For all the returns will be in from three days of elections in the 28 nations represented in the… Read More
AFRITIN Mining, a UK-listed tin development company, said it had raised £3m through a share placement and arranged an additional £1.7m working capital facility with its 9.5% shareholder, Bushveld Minerals, also listed in London. The funds will be used for general corporate purposes and to bring the pilot plant at Afritin’s Uis tin mine in… Read More
Also on Tuesday, Putin spoke with Macron and Merkel in a phone call about Ukraine. Source: themoscowtimes.com
New details have emerged about the recently revealed dossier(s) Monsanto, now owned by Bayer, compiled to sway public opinion on herbicides. The dossier(s) included people from 7 European states and potentially beyond, according to a new report by RT. Monsanto files reportedly listed prominent public figures who were opinionated on either side of the herbicide… Read More
WESCOAL Holdings, a Johannesburg-listed coal producer, is to buy shares held by a minority shareholder in Moabsvelden, a project in South Africa’s Mpumalanga province that it intends to build into a 1.5 million ton to 2 million ton (Mt) per year mine this year. The company will offer R24.5m for an 18.2% interest in Neosho,… Read More
The suspects in Vladimir region refused to lay down their arms and opened fire. Source: themoscowtimes.com
Via Middle East Eye, France has threatened three French journalists with potential jail time for using secret documents to reveal the country’s involvement in the Yemen civil war. <!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> In a series of reports published in April, investigative journalists from Disclose and Radio France revealed the number of French arms sold to Saudi Arabia… Read More
BARRICK Gold sought to bring a speedy end to a dispute involving its 63.9% owned subsidiary, Acacia Mining, and the Tanzanian government (GoT) outlining a potential offer to buy the shares of minority shareholders in Acacia for a total of $285m. In 2017, the GoT stopped exports of gold concentrate from two of Acacia’s mines… Read More
The changes were anticipated as part of Russia’s state strategy to combat the epidemic that has led to the deaths of 318,000 Russians. Source: themoscowtimes.com
A 31-year-old social worker in the UK is set to inherit a £50m ($64 million US) estate in Cornwall, UK, after a DNA test revealed he was the son of its deceased owner, reports The Guardian. <!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> Penrose estate in Cornwall Jordan Adlard Rogers discovered that his father was Charles Rogers following the aristocrat’s 2018… Read More
SOUTH Africa’s public enterprises minister, Pravin Gordhan, revealed an embarrassingly shallow understanding on Tuesday evening of the mining industry’s multi-year struggle for policy certainty. Asked by a questioner after his speech at the pre-AGM dinner of the Minerals Council SA (MCSA) what president Cyril Ramaphosa’s government was doing to recover the billions of foreign investment… Read More
[Reuters] Asia stocks fragile as trade anxiety overshadows Huawei reprieve [Reuters] U.S. business group says retaliation rising in China amid trade war [CNBC] Chinese social media users are rallying behind Huawei. Some say they’re switching from Apple [Reuters] U.S. budget negotiations advance but no deal yet [Reuters] Japan exports fall again as Trump’s trade policy threatens economic outlook [Reuters] Reflationist-minded BOJ… Read More
Can you name the major west coast city that has become a rotting, decaying hellhole and is being completely overwhelmed by rats, drugs, crime, piles of garbage and hordes of homeless people? Of course San Francisco, Portland, Seattle, “all of them” and “any of them” would all be correct answers, but in this article we… Read More
Deflation eats credit-dependent, mass-consumption economies alive from the inside. While AI (artificial intelligence) garners the headlines, the next wave of disruptive technologies extend far beyond AI: as the chart of technologies rapidly being adopted shows, this wave includes new materials and processes as well as the “usual suspects” of machine learning, natural language processing, data mining… Read More
If there was any lingering doubt that President Trump has treated Huawei like a ‘bargaining chip’ during trade talks with the Chinese, Bloomberg just put the issue to rest. In a report sourced to administration insiders, BBG reported that the Trump administration waited to blacklist Huawei until talks with the Chinese had hit an impasse,… Read More
Authored by Sharyl Attkisson , op-ed via The Hill, As the investigations into the Trump-Russia investigation proceed, it’s not too difficult to figure out a few of the theoretical starting points. The first and most obvious theory is the one largely promulgated in the media for the better part of two years. It goes something like… Read More
US equity futures are sliding as Asian markets open after a NYTimes report that the Trump administration is considering limits to a Chinese video surveillance giant’s ability to buy American technology. <!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> Hangzhou Hikvision Digital Technology, a company controlled by the Chinese government, is now the world’s largest supplier of video… Read More
Authored by Mac Slavo via SHTFplan.com, A geologist has said that if the Yellowstone supervolcano erupts, it would destroy most of the United States, all but wiping the country off of the map. Dr. Jerzy Zaba is importantly not predicting that the volcano is going to erupt soon, but simply stating that it does have… Read More