By analyst By Cecilia Jamasmie Russia’s Alrosa (MCX:ALRS), the world’s top diamond producer by output in carats, said Wednesday it has found two large rough diamonds this week at its operations in Yakutia, in the country’s far East. On Wednesday, a very large rough diamond weighing almost 110 carats was found at the company’s’ Mirny […]
The world’s largest diamond miner just found two massive rocks Read More »
By Zach Scheidt This post Breakout Alert: $1,500 Gold By September? appeared first on Daily Reckoning. Don’t look now, but gold is on the move! Just over the last week, the futures price for an ounce of gold rose from a low of $1,204 to a high near $1,244 during yesterday’s trading session. A 3%
Breakout Alert: $1,500 Gold By September? Read More »
By analyst By Frik Els The world’s number one mining company BHP (NYSE:BHP) reported record full-year production at its Western Australia iron ore division on Tuesday. The Melbourne-based giant said thanks to the continued ramp up of additional capacity at its Jimblebar operations in Western Australia production at its iron ore unit rose 4% year-on-year
BHP iron ore output hits new record but copper production tanks Read More »
By James Rickards This post The Fed Has Hit the ‘Pause’ Button appeared first on Daily Reckoning. Last week the Fed raised the white flag on further rate hikes. There won’t be any for the foreseeable future. No rate hikes are coming at the July, September or November Fed FOMC meetings. The earliest rate hike
The Fed Has Hit the ‘Pause’ Button Read More »
By Bill Bonner French Fraud POITOU, FRANCE – “Which is worse? America or France?” The question must be put in context. We were invited to dinner with local farmers last night. Jean-Yves and Arlette live in a modest house in the nearby town – an efficient and cozy place built about 25 years ago. They’ve
Which Is Worse? America or France? Read More »
By Cory An update on the recent drill results from Aurvista – Look at the higher grade results Aurvista President and CEO Matthew Hornor joins me to outline the recent drill results released yesterday. What caught my eye was the higher grade results from the main porphyry zone. Matthew discusses how these higher grade results
Company Updates From Management – Tue 18 Jul, 2017 Read More »
By Rob Otman Qualcomm (Nasdaq: QCOM) is a large cap company that operates within the semiconductor industry. Its market cap is $84 billion today, and the total one-year return is 6.85% for shareholders. Qualcomm stock is underperforming the market. It’s beaten down, but it reports earnings tomorrow. So is it a good time to buy?
Is Qualcomm Stock Undervalued or Overvalued Before Earnings? Read More »
By Marc Lichtenfeld Editor’s Note: This piece originally ran in February in our sister publication, Wealthy Retirement. You can go here to subscribe if you haven’t already. It’s free. “You’ll never make that money back!” the pitchman breathlessly exclaimed. The guy on the radio was selling annuities and warning investors not to put their money
In Defense of Those “Risky” Wall Street Bets Read More »
By analyst By Cecilia Jamasmie One of Australia’s oldest open pit coal mines is now open again and its new owner TerraCom (ASX:TER) expects it to be producing at full capacity before year end. Blair Athol had been closed since 2012 when former owner Rio Tinto shut down operations after almost 30 years of production.
Coal mine sold for less than $1 reopens, to reach full production by year-end Read More »
By Jody Chudley This post Is Your State Financially Screwed? appeared first on Daily Reckoning. George Mason University’s Mercatus Center just released their annual “Ranking of States by Financial Condition” report. The report provides all Americans a chance to see how their respective state ranks in terms of financial condition.1 But as I’m about to
Is Your State Financially Screwed? Read More »
