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U.S. companies sound inflation alarm
By Aziza Kasumov, Colby Smith, and Eric Platt
Financial Times, London
Monday, March 29, 2021
Investors are fretting over inflation. Scores of U.S. companies are saying they are right to.
A growing number of businesses are warning that supply-chain bottlenecks, increasing raw material costs, and higher labour expenses are beginning to bite.
Manufacturing behemoth 3M has flagged rising air and freight costs to ship its goods, while Walmart has warned on the congestion in U.S. ports.
... Dispatch continues below ...
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Granada Gold Discovers High-Value Rare Earth and Alkali Metals
Company Announcement
via Newswire.ca
Tuesday, March 23, 2021
ROUYN NORANDA, Quebec, Canada -- Granada Gold Mine Inc. (TSXV: GGM) is pleased to announce the significant discovery of scandium, rubidium, and cesium on the Big Claim of the Granada Gold Mine property in Quebec, Canada.
Results are preliminary and full core lengths have not yet been assayed in two holes drilled at the north of the Big Claim.
The company encountered unusual facies of altered rock, which has been sampled in portions of the drill core. The mineralized portions of the core have been assayed for 56 metals. Additional assays are pending.
Portions of drill holes GR-20-20 and GR-20-22 were sampled. Assays for GR-20-22 are still pending. Based on recent assays for intervals sampled, the intervening intervals are being sent for assay to create a complete picture.
Highlights of drill hole GR-20-20:
-- 13.5 ppm Cs, 101.8 ppm Rb, 21 ppm Sc over 12 meters from 351 meters to 363 meters.
-- 3.5 ppm Cs, 69.1 ppm Rb, 13.8 ppm Sc over 98 meters from 451 meters to 549 meters.
-- 1.1 ppm Cs, 42.1 ppm Rb, 12.2 ppm Sc over 15 meters from 573 meters to 588 meters. ...
... For the remainder of the announcement:
https://www.newswire.ca/news-
Mobile home manufacturer Legacy Homes and Williams-Sonoma, the purveyor of Breville espresso machines and Wüsthof knife sets, have seen an uptick in wage costs. And Barbie Doll-maker Mattel has warned on the rise in plastics prices, which were exacerbated by the winter storm in Texas that took petrochemicals plants offline.
"Costs are going up everywhere," said Ted Doheny, chief executive of packaging maker Sealed Air. "It's DefCon 4 us right now. It's a big deal."
These first flickers of inflation -- and the fact that many S&P 500 companies say they are responding by raising their own prices -- have fed a debate among investors as the U.S. economic recovery accelerates. Are these a signal that the kind of chronic inflation long ago tamed by the U.S. central bank could be about to roar back?
"People are thinking it's transitory, or maybe hoping it's transitory," said Peter van Dooijeweert, managing director of multi-asset solutions at Man Solutions. "Because no one really knows what else to do." ...
... For the remainder of the report:
https://www.ft.com/content/f0bbed31-bea8-4542-b953-096762d2e59f
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Toast to a free gold market
with great GATA-label wine
Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.
Here's what the bottles look like:
http://www.gata.org/files/GATA-4-wine-bottles.jpg
Buyers can compose their case by choosing as many as four varietals from the list here:
http://www.gata.org/files/FayJWineryVarietals.jpg
GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?
To order a case of GATA-label wine, please e-mail Fay J Winery at bagman1236@aol.com.
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Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --
-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.
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