Bullion Blog

KUALA LUMPUR (May 30): ACE Market-bound gold jewellery wholesaler and manufacturer YX Precious Metals Bhd (YXPM) is seeking to raise RM31.26 million from its initial public offering (IPO). Notably, YXPM is a wholly-owned subsidiary of Tomei Consolidated.   YXPM managing director Ng Sheau Chyn said the group saw a huge demand for gold jewellery during

KUALA LUMPUR (May 30): ACE Market-bound gold jewellery wholesaler and manufacturer YX Precious Metals Bhd (YXPM) is seeking to raise RM31.26 million from its initial public offering (IPO). Notably, YXPM is a wholly-owned subsidiary of Tomei Consolidated.   YXPM managing director Ng Sheau Chyn said the group saw a huge demand for gold jewellery during

The more government spends, the less savings will be available for the wealth-generating private sector… by Frank Shostak via Mises Many economists believe that during an economic slump government should run large budget deficits in order to keep the economy going with increases in government outlays, with the consequent budget deficit giving individuals more disposable

The world is facing shortages, commodity prices are at all-time highs, inflation is rampant, and The Fed can’t fix it… Craig Hemke with David Russell on GoldCore TV Why The Next Powel Pivot Will Destroy Stocks And Drive Metals And Miners Higher – Craig Hemke According to Craig Hemke of TF Metals Report, the world

Right now, conditions are so similar to what we witnessed just before the financial crisis of 2008… by Michael Snyder of The Economic Collapse Blog Prices are soaring, there are widespread shortages of certain items such as baby formula all over the nation, and at the same time U.S. economic activity appears to be really

Nashville, Tennessee (May 29, 2022) – With Governor Bill Lee’s signature on Friday, Tennessee has officially become the 42nd state in the U.S. to remove sales taxes from constitutional sound money (i.e., gold and silver). Tennessee’s House Bill 1874 and Senate Bill 1857, introduced by Representative Bud Hulsey (R-2) and Senator Frank Niceley (R-8) passed both chambers of the Tennessee legislature overwhelmingly last month

Even the rigged CPI can’t hide rising prices now… by Peter Schiff of Peter Schiff Podcast · Dow on its longest losing streak in 100 years.· Snapchat implodes.· Gap and Abercrombie & Fitch investors learn a hard lesson.· Inflation can no longer be solved with higher interest rates.· Even rigged CPI can’t hide rising prices

Trying to accurately forecast economic events or to “time the market” is a fool’s errand… by Claudio Grass via Claudiograss.ch Interview with Bob Moriarty As I mentioned many times before, trying to accurately forecast economic events or to “time the market” is a fool’s errand. To the chagrin of all central planners, mainstream analysts and

Our economy is not resilient or antifragile, it’s a fragile sand castle of debt and denial…  by Charles Hugh Smith via Of Two Minds Our economy is not resilient or antifragile, it’s a fragile sand castle of debt and denial. What could go off the cliff that hasn’t already gone off the cliff? Rip-roaring inflation, check.Hot

The overwhelming majority of the market and even precious metals investors still don’t understand what the world is facing…  by Steve St Angelo of SRSrocco Report The Global Market isn’t prepared for the coming economic collapse as we head over the Energy Cliff.  Even with a falling stock market, many institutions and investors are still

Power grids are already being stretched thin by fuel shortages, droughts and heatwaves, commodity disruptions, soaring prices due to the war, and…  by Mac Slavo of SHTFplan The ruling classes of the globe are continuing to warn that the power grids all across the globe will be stretched thin this coming summer. There will not

Gold discounts widened in India this week as demand faltered due to rise in prices, while demand in top consumer China was yet to see a substantial pick-up as COVID-induced restrictions were being gradually eased. “We lost momentum this week because of the price rise. Retail buyers are waiting for a correction,” said a Mumbai-based

“The system appears to have a life upon itself, extending beyond the drill bit on several zones and leading outside the boundary of the exploration license,” noted a Haywood Securities report. Now that Liberty Gold Corp.’s (LGD:TSX; LGDTF:OTCQB) final 2021 drill results from its Black Pine project are in, it is clear the boundaries

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. As global elites met in Davos this week to discuss their latest plans for a Great Reset, ordinary investors are hoping for a great rebound in their portfolios. The stock market did finally bounce after suffering several consecutive weeks of losses. Whether it’s a just

By now, even the MSM widely acknowledges the fertilizer shortage, and naturally, the technocratic class is bemoaning organic… by Marie Hawthorne via The Organic Prepper By now, even the mainstream media widely acknowledges the fertilizer shortage. Between fertilizer shortages, drought, shipping problems, and fuel shortages we face an ugly winter. And naturally, the technocratic class has been using this situation

Safe Bulkers Inc. (NYSE:SB) Q1 2022 Earnings Conference Call May 26, 2022 9:00 AM ET Company Participants Loukas Barmparis – President, Secretary and Director Konstantinos Adamopoulos – CFO and Director Polys Hajioannou – Chairman and CEO Conference Call Participants Eli Winski – Citigroup Ben Nolan – Stifel Chris Robertson – Jefferies Magnus Fyhr – H.C.

Profitect: On May 31, 2019, the Company acquired Profitect, Inc. (“Profitect”). Profitect is a provider of prescriptive analytics software primarily serving the retail industry. Through this acquisition, the Company enhanced its existing software solutions within the retail industry by combining Profitect’s platform with its existing software solutions and EVM products. Temptime: On February 21, 2019, the Company

We were reminded again yesterday that The Fed believes the US economy is “strong” and “robust”. But nothing in the data suggests that’s true. So, are they lying again? Of course they are. The Fed is simply following the old SPIN and MOPE path. So I guess that’s where we’ll start on this fine Thursday

Have you ever questioned why central banks around the world target CPI inflation at 2%? One might think it would be complicated to explain the lengthy calculations, econometric-based research, and late-night debates that went on in order to come to this figure, but no. Sadly the answer is someone licked their finger, stuck it in

There are a lot of technical green shoots in play at $1800 gold, and three key drivers could send gold to $3,000… by Stewart Thomson of Graceland Updates 1.   As another day of the 2021-2025 war cycle begins, the world’s gold and commodity market bugs are in great shape, but what about the fiat, crypto, real

DUBAI – To keep abreast of developments affecting Dubai’s foreign trade movement with various countries of the world, Dubai Customs issued updated customs policies that secure the flow of trade and facilitates shipments and goods and their access to commercial markets without delay. Tariff and Origin Department has released eight major customs policies between January

Robert Friedland, chairman and cofounder of Ivanhoe Mines, speaks during the Denver Gold Forum (DGF) … [+] in Colorado Springs, Colorado, U.S., in 2016. Matthew Staver/Bloomberg Billionaire Robert Friedland plans to list his Ivanhoe Electric Inc. in New York and Toronto as the mining tycoon aims to bankroll the development of copper mines in the

Gold has a number of incredible benefits, but there’s one in particular… by Simon Black of Sovereign Man By the year 41 BC, just a few years after the assassination of Julius Caesar, Rome was under the strict rule of a three-person dictatorship known as the Tresviri rei publicae constituendae. Historians today refer to this

The recent data suggests that a downward trend in the bank’s swaps has begun, and a continuation of this trend would be… By Robert Lambourne via GATA The recently released March and April 2022 statements of account of the Bank for International Settlements —  https://www.bis.org/banking/balsheet/statofacc220331.pdf https://www.bis.org/banking/balsheet/statofacc220430.pdf — contain information suggesting a significant decrease in the

Perhaps the ultimate sign that the Federal Reserve is way too far behind the curve in addressing inflation is… by Chris Marcus of Arcadia Economics Perhaps the ultimate sign that the #FederalReserve is way too far behind the curve in addressing #inflation is when even former Fed chairman Ben Bernanke is saying the Fed’s too

There isn’t going to be enough food for everyone… by Michael Snyder of The Economic Collapse Blog There isn’t going to be enough food for everyone this year.  We have been waiting for the nightmarish global food crisis that so many have warned us about, but we don’t have to wait for it anymore because

“The Federal Reserve will take it to the point of maximum pain and then they’ll reverse, this is when we’ll see the Powell Pivot.” These are the words of warning from Craig Hemke, this week’s guest on GoldCore TV, interviewed by Dave Russell. For him this means many things but principally big results for the

Red Metal is fitting together the puzzle pieces of a promising copper project in Chile. A last-minute impulse to drill an intercept visible on the surface, but not included in its 2020 drill program at its flagship Carrizal project, produced a welcome surprise for Red Metal Resources Ltd. (RMES:CSE; RMESF:OTCBB). “Copper is a very visual

On May 23, the Sensex was down 37.78 points or 0.07 percent at 54,288.61, and the Nifty was down 51.50 points or 0.32 percent at 16,214.70. Stock Market/ Representational Image | The stock market indices open flat on May 24 amid mixed global cues. At 09:16 AM, the Sensex was up 73.49 points or 0.14