By James Rickards This post The Most Momentous 72 Hours in Fed History appeared first on Daily Reckoning. A 72-hour span last week was among the most momentous for the Federal Reserve in the over 100-year history of the U.S. central bank. Many Fed watchers would be completely baffled by that statement. Fed watchers are […]
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By analyst By Cecilia Jamasmie Canada’s Eldorado Gold’s (TSX:ELD)(NYSE:EGO), Greece’s biggest foreign investor, has decided to suspend all operations in the country due to government delays in issuing permits for Skouries and Olympias, two of the company’s key projects. Chief executive George Burns said in the statement the company was “unable to continue investing” in
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By analyst By Cecilia Jamasmie Shares in Petra Diamonds (LON:PDL) nosedived Monday after the company confirmed the Tanzanian government had seized a parcel of gems worth about $15 million, as part of an ongoing probe into alleged wrongdoing in the diamond and tanzanite sectors. The company, known for some major recent findings, said it also
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By analyst By Tracy Wade Tungsten prices have jumped 50% in the last two months. …read more Source:: MineWeb The post China sends one of the West’s most critical materials soaring appeared first on Junior Mining Analyst.
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By analyst By Andrew Topf A new nickel mine that just opened in Western Australia is pinning its hopes on the use of nickel in electric vehicle batteries – an up and coming market for nickel that could significantly buttress demand for the base metal up to now used primarily for steelmaking. On Friday WA
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By analyst By Andrew Topf A preliminary economic assessment (PEA) of the Ekati mine in Canada’s Northwest Territories has the iconic diamond operation staying open seven more years. Dominion Diamond Corporation (NYSE, TSX:DDC) said last week that spending $628 million going underground in the mined-out Fox open pit would involve processing 31.3 million tonnes of
PEA extends Ekati minelife by 7 years to 2042 Read More »
By Samuel Taube Transcript: Samuel Taube: Joining us today is Rachel Gearhart. She’s the Managing Editor of The Oxford Income Letter and Wealthy Retirement, and you might recognize her work from The Oxford Insight. Rachel, thank you for joining us. Rachel Gearhart: Thanks for having me, Sam. ST: Today, we’re talking about founder-run companies and
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By MN Gordon Lasting Debt “Rule one: Never allow a crisis to go to waste,” said President Obama’s Chief of Staff Rahm Emanuel in November of 2008. “They are opportunities to do big things.” Rahm Emanuel looks happy. He should be – he is the mayor of Chicago, which is best described as crisis incarnate.
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By Kristin Orman We don’t shy away from controversy. And occasionally, it fires people up… Case in point: Almost six months ago, Steve McDonald’s “Slap in the Face” Award video about women and finances struck a chord with our readers. It wasn’t a good one. In the segment, Steve bestowed the award on all of
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By Cory Central Banks, Metals, Currencies, and Political Turmoil Download audio file (0909-KE-Report-Weekend-Show-.mp3) We all thought the markets would get more interesting when traders got back after Labor Day and they delivered! We had announcements from a number of central banks most notably the EBC, Bank of Canada, and even a shakeup in the Fed.
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