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
#Stocks?EUR<, #gold?EUR<, bonds, #oil?EUR< end April up; US dollar down.Investors may "sell in May and going away."More than one third of US household income is now coming from the government.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital...Read More
Equating accusations with proven fact is reckless and repressive. It is also standard behavior in liberal politics, whereby they ruin lives without a second thought.Continue...Read More
The World Economic Forum recently ran a Livestream with Interpol, Cloudflare, and a cybersecurity firm to discuss the upcoming cyber pandemic agenda, which Continue...Read More
Mohamed El-Erian, a Bloomberg Opinion columnist, says the Federal Reserve should "seriously consider initiating a gradual and careful retreat" from its current expansionary policy on "Bloomberg The Open." El-Erian's opinions are his own.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMC...Read More
Jay Martin and Gerald Celente discuss equity markets, stocks, how inflation numbers are misleading, and the future of emerging markets as it relates to China's Belt and Road Initiative. Gerald shares his views on the port-pandemic fallout, the industries that are most fragile, and the return to the 'war on climate change' as the next narrative that will be adopted by media and governments alike.Ge...Read More
Australians trying desperately to return home from COVID-stricken India will face fines and jail time, according to treasurer Josh Frydenberg, who defended the hardline approach Continue...Read More
"I was told for decades that Lockheed had some of these retrieved materials. And I tried to get, as I recall, a classified approval by the Pentagon to have me go look at the stuff. They would not approve that. Continue...Read More
"Paid sick leave saves lives? From what? Responsibility?""As long as you keep handing out free money these dumb f*cks will be satisfied."Continue...Read More
A fully vaccinated US President Joe Biden spent 30 seconds at the end of his rally in Georgia to look for his face mask, even telling the crowd "I'm looking for my face mask. I'm in trouble" before eventually finding it in his pocket.Read More
Ed Steer is the founder of Ed Steer's Gold and Silver Digest and a director at GATA.org.Read More
The Fed left its monetary policy unchanged. However, the lack of any action amid economic recovery is dovish – good news for gold.On Wednesday (Apr. 28), the FOMC has published its newest statement on monetary policy . The statement wasn’t significantly altered. The main change is that the Fed has noticed the progress on vaccinations and strong policy support, and that, in consequence,...Read More
Here are five Fastmarkets stories you might have missed on Friday April 30 that are worth another look.South American flat-rolled steel import prices were generally up in the week to April 30, but have hit a temporary ceiling since the effects of the export tax rebate cut in China had been mostly...Read More
Here are five Fastmarkets stories you might have missed on Friday April 30 that are worth another look.South American flat-rolled steel import prices were generally up in the week to April 30, but have hit a temporary ceiling since the effects of the export tax rebate cut in China had been mostly...Read More
It's not only what was said, but who said it, that matters. Precious metal investors, take notice...By Matt from Silver Fortune via Silver FortuneIt's not only what was said, but who said it, that matters. Precious metal investors, take notice.FULL SHOW NOTES AND LINKS HERE Read More
RAPAPORT... Berkshire Hathaway, which owns Borsheims, Helzberg Diamonds and Ben Bridge Jeweler, saw retail sales jump in the first quarter as the market bounced back from last year's downturn.Revenue in the retail segment rose 21% year on year to $4.35 billion, according to Warren Buffett's conglomerate, which does not break down figures for its jewelry brands. Pretax earnings for the retail...Read More
RAPAPORT... Titan Company's sales and profit jumped sharply in the first three months of 2021, benefiting from lower gold prices and a favorable comparison with last year's shutdown.Group revenue - including subsidiaries - rose 59% year on year to INR 75.51 billion ($1.02 billion) in the fourth fiscal quarter ending March 31, the Indian jewelry retailer reported Thursday. Net profit leaped 66...Read More
(IDEX Online) - Tiffany & Co is launching its first ever range of engagement rings for men.It says that after introducing the diamond engagement to the world (for women) back in 1886, it's "marking a bold new era of love" with its Charles Tiffany Setting.That's widely understood to refer to the rise in same-sex marriages. Six styles are currently on its website, made of platinum...Read More
RAPAPORT... Mene, an online retailer that prices its precious-metal jewelry based on weight, reduced its net loss for 2020 as the average value per order increased.The company reported a 51% decline in its net loss for the year ending December 31 as the average order value rose 63% to CAD 1,530 ($1,235), the Toronto, Canada-based company said last week. Sales of gold products grew 21%, while plati...Read More
(IDEX Online) - Rounds and fancies saw little movement through April, although price increases slightly weighed decreases. There was little movement among the smallest round goods, under 0.30-cts although 0.45-0.49-cts were busy, with an even split between prices moving up and down. The most notable category was 3.00-3.99-cts, which saw widespread price drops among I1-I3 clarities. Price rises pre...Read More
(IDEX Online) - Two brothers have been arrested over the murder of a jeweler at her store in Indianola, Mississippi, USA.Jamie Iverson, 67, was shot in the head after two masked men walked into Paul's Jewelry, where she was working alone last Friday morning (23 April).Daquarius Wright, 20, and Kenterius Wright, 19, both face a single capital murder charge. They were arrested last Tuesda...Read More