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Diamond News Archives

IRS Now Sending Millions More Additional Stimulus Checks

Category: News Archives
Created: 15 June 2021
Hits: 535
Diamond Buyers Club
The IRS said it is continuing to distribute federal stimulus checks to eligible Americans, with another 2.3 million payments issued on last week. Some of those payments include "plus-up" adjustments for people who received less money than they were entitled to in earlier checks.
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Read more from our friends at Gold & Silver

Over 1,000 Fortune Seekers in South African Diamond Rush

Category: News Archives
Created: 15 June 2021
Hits: 758
June 15, 21 by John Jeffay
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(IDEX Online) - A South African village is in the grip of a diamond rush, after a herd man dug up an unidentified stone on Saturday.

More than 1,000 people have since flocked to KwaHlathi, in KwaZulu-Natal province, armed with picks, shovels and forks in the hope of making their fortune.

The stones have yet to be identified but that hasn't deterred the crowds, nor have concerns about who owns the land.

Stones have reportedly been changing hands for between 100 and 300 rand ($7.24 to $21.73).

The provincial government is urging prospectors to stay away, because of concerns over the spread of coronavirus.

Screen grab from Newzroom Afrika...

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A Third of Emerging Market Central Banks Could Increase Gold Holdings

Category: News Archives
Created: 14 June 2021
Hits: 580
Diamond Buyers Club
Demand should also be strong, as one in five central banks intend to increase reserves over the next year, according to the World Gold Council.
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Pandemic Hangover - $11 Trillion in Corporate Debt: WSJ

Category: News Archives
Created: 14 June 2021
Hits: 625
Diamond Buyers Club
Stressed companies piled on debt as interest rates plummeted, but could face a reckoning in the next economic downturn. Total debt for nonfinancial companies has reached about half the size of the U.S. economy.
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The Labor Shortage Is a Government-Contrived Scarcity

Category: News Archives
Created: 14 June 2021
Hits: 559
Diamond Buyers Club
"Contrived scarcities, in principle, could be gone tomorrow if the government’s economic policies fostering, creating and sustaining them were abolished and eliminated. The individual’s freedom of choice and action as both consumer and producer will have been more fully restored with a less...
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Read more from our friends at Gold & Silver

  1. Bovet 1822 Watches Double as Dashboard Clocks for One-Off Rolls-Royce
  2. Hong Kong Gem Auctions Flourish, Despite Pandemic
  3. Jewelry Store Raiders Flee after Employee Fires Shots
  4. Deutsche Bank Issues Dire Economic Warning for America

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