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Diamond News Archives

Weekly Market Recap: Bullish Technicals But Bearish Fundamentals: Which Matters More?

Category: News Archives
Created: 20 August 2022
Hits: 1147
Diamond Buyers Club
The technical chart data looks really bullish here, observes financial advisor Lance Roberts. But none of the fundamentals do, he also warns. Bullish technicals. Bearish fundamentals.
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Read more from our friends at Gold & Silver

Worldwide Silver Shortage? A Supply Crunch May Be Inevitable, Here’s Why: David Morgan

Category: News Archives
Created: 20 August 2022
Hits: 1170
Diamond Buyers Club
David Morgan, Founder and Editor of The Morgan Report, discusses the coming supply crunch in silver, why silver demand will rise, and why silver is a solid 'legacy investment.' He also talks about the coming midterm elections, and what they could mean for gold and silver prices.
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Read more from our friends at Gold & Silver

There Is Not a Lot of Upside for the S&P 500 From Here, Even Under Bullish Multiple Assumptions

Category: News Archives
Created: 19 August 2022
Hits: 1091
Diamond Buyers Club
So – while there is a thicket of ifs, buts and nauseously worded compliance disclaimers around this – it would suggest that should earnings follow historical precedent, there is not a lot of equity upside from here, even under bullish multiple assumptions. This has been no ordinary cycle so it may well be that historical precedents are for the birds. But worth pondering.
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Read more from our friends at Gold & Silver

Can You Really Go a Day Without Fossil Fuels?

Category: News Archives
Created: 19 August 2022
Hits: 1094
Diamond Buyers Club
What would life be like without products derived from fossil fuels?
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Read more from our friends at Gold & Silver

FBI Sting on Alleged Gold Bar Fraud

Category: News Archives
Created: 18 August 2022
Hits: 1161
August 18, 22 by John Jeffay
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(IDEX Online) - A man has appeared in court in the US accused of posing as a government official and persuading a woman to buy gold bars worth $330,000.

Gaurang Contractor, 38, from New Jersey, is accused of attempted larceny from a person over 60.

Police say he claimed to be a government official investigating an identity fraud ring and told the woman to buy the gold from a jewelry store, to "avoid prosecution", and a federal court officer would pick it up from her.

The FBI set up a sting operation with fake gold bars and arranged for the suspect to collect them from an undercover car in a parking lot.

"Local and federal agents moved into the area, at which point the suspect attempted to evade officers," said he Hadley Police Department, Massachusetts.

"Officers quickly boxed in the suspect and he was taken into custody".

A judge in Eastern Hampshire District Court ordered Contractor to be held on $20,000 bail....

Read more from our friends at IDEX

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