Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Lynette Zang - Twitter, Released on 5/3/22You see this massive decline in the Purchasing Power of the Consumer Dollar because that's the way the #fiat money was designed. This is now based on debt, and when you have debt, you have interest on that debt. This is all of the things and more that create that #inflation pic.twitter.com/wSxosXTpeh- Lynette Zang (@itmtrading_zang) May 4, 2022 Lynette...Read More
Reference this article posted on 12.30.21: 2022: The Golden YearGold has done nothing unusual and in fact it has done as would normally be expected. In February it began to rally out of the base on the daily (futures) chart below. Driven by war (easy on the war, terror and pestilence bull rationales dear gold bugs) and inflation hype, kneejerkers and momos (momentum players) quickly jumped on push...Read More
Elon Musk’s $44 billion purchase of Twitteris being hailed as a victory for free speech. Musk vows to make changes to thesocial media platform that will make it a true “digital town square” wherepeople are free to speak their minds, even if others take offense.Of course, not everyone is excited aboutthe prospect.“Biden officials worry Musk will allowTrump to return to Twitt...Read More
While China plans to implementlockdowns for fear of an epidemic, concerns about the coronavirus are taking atoll on the oil market. Will it escalate?Crude oil prices remained lower onTuesday, after significant losses suffered the day before. They are stillweighed down by fears of a general lockdown in Beijing, the capital of China,as well as in Shanghai, thus risking a demand reduction for black g...Read More
Not to be confused with the "tremendous economic hardship" from last year, of course... (by Half Dollar) The Fed has just concluded its most recent 2-day FOMC meeting.Here's the Fed's statement from the meeting, posted in its entirety (bold added for emphasis and commentary):Although overall economic activity edged down in the first quarter, household spending and business fixed investment remaine...Read More
Silver's been behaving differently than gold behind the scenes...by Keith Weiner of Monetary-MetalsThe price of silver has been going down, and then down some more. From over $28 a year ago, and over $26.50 a month ago, it's now at a new low under $22.50. Four bucks down in a month.However, it's been behaving differently than gold behind the scenes. Let's look at the gold and silver basis charts...Read More
In Nicaragua, the company's progress at its Caribe target has been held up by the slow turnaround of assays on drill core, with a 58-day turnaround unable to provide the timely feedback the companyRead More
Drill results from the final six holes of the company's eight hole, 3,060m programme included highlights of 596.5m grading 0.23% copper, 0.37 grams per tonne gold and 1.4g/t silver for a 0.Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsDescribing Manono as "arguably one of the most important new mining projects in the world", AVZ po...Read More
The company produced 117,452oz of gold in the quarter, some 44.2% less than the 210,432oz produced in the December 2021 quartet.Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsThe company produced 121,665 ounces of gold at an all-in sustaining cost (AISC) of $696/oz, ending...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsThis was a 20.4% fall in net earnings compared with the $538 million achieved in the prior year pe...Read More
News: Diamond market split. Suppliers to large US jewelers doing well but dealer trading cautious following recent price declines. 1 ct. RAPI -3.2% in April. Cutters and dealers with US clients separating Russian supply to meet American obligations. China slow. Rough demand weaker despite removal of Russian goods from market. Alrosa postpones sales and will sell to Russia's Gokhran to raise liqui...Read More
RAPAPORT... Pandora saw record revenue in the first quarter amid strong Valentine's Day sales and the reacquisition of franchised stores.Revenue rose 21% year on year on an organic basis - a similar metric to comparable-store sales - for a total of DKK 5.7 billion ($804.3 million) in the period that ended March 31, the Danish jeweler said Wednesday. Sales for the Valentine's Day holiday increased...Read More
RAPAPORT... The Indian diamond industry is mourning the death of Sanjay Shah, a partner at manufacturer KBS Group and a former official for the country's Gem and Jewellery Export Promotion Council (GJEPC). Shah was a convener of the GJEPC's diamond panel committee, which handles matters related to the diamond trade, the council said in a LinkedIn post this week. He was also an active mem...Read More
(IDEX Online) - A tiara with over 100 carats of diamonds that belonged to one of Britain's most extravagant aristocrats is being offered for sale.Henry Paget, 5th Marquess of Anglesey (1875 - 1905) squandered an inheritance from his father worth $75m in today's money, including family estates in Staffordshire, Dorset, Anglesey and Derbyshire.He blew the lot in five years, on outrageous c...Read More
(IDEX Online) - Two men involved in a $1m-plus series of organized jewelry raids across California, USA, have been jailed for 16 months.They broke into JCPenney and Sam's Club stores (retail warehouse clubs owned by Walmart) in nine counties throughout the state between September 2020 and February 2021Defendants Anton Salaam and Marion Paul Tilley both pleaded guilty to a violation of organiz...Read More
Hole 43 caused a stir among some NGO's and the anti-mining lobby in the region, with claims that the company should not have been drilling, which we will dig into later in this article.Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsUS Senator Martin Heinrich, a member of the Senate Energy and Natural Resources Committee, has int...Read More
The expected interest rate increase by the Federal Open Market Committee will be the largest since 2000.Read More