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

Clint Siegner, Money MetalsJerome Powell has something in common with Bagdad Bob, Saddam Hussein's infamous press secretary. They're both liars, suggests Money Metals podcast guest Craig Hemke of the TF Metals Report.Telling obvious lies with a straight face is part of Powell's job description. He hopes to maintain order even though anyone who is paying attention knows something extraordinary i...Read More

At present, there could be a number of positive developments for precious metals.Last Friday, the US Dollar cracked lower and could be at risk of lower levels into year end.Days earlier the Federal Reserve announced new "QE-like" measures just as they told us it was not really QE. In addition, the market is showing a nearly 68% chance of a rate cut later this month. Isn't all this bullish for...Read More

Stewart Thomson 1. For silver, all roads probably lead to the $22-$25 area. For gold, all roads likely lead to $1600-$1800. There could be significant bumps in these roads, probably involving time more than price.2. Please click here now. Double-click to enlarge this silver chart.3. Silver looks stronger than gold, but gold is also looking very solid, from b...Read More

By: Ira EpsteinGold swing lines: lower highs and lower lows. Bollinger support $1478, near swingline..Read More

Here are five Fastmarkets MB stories you might have missed on Tuesday October 15 that are worth another look.China's sustained presence as a buyer in Southeast Asia's spot billet market has been boosting prices in the region, sources told Fastmarkets.An oversupply of manganese ore weighed on seaborne manganese ore prices cif China, causing some producers to make multiple lower offers to attra...Read More

The world's largest low-grade iron ore producer has confirmed that it will bid for two blocks at what is considered the world's largest untapped high-grade ore resource, a move that reiterates what the industry has been saying over the past few years - that demand for green iron ore or high-grade ore is a structural change in the making."Following the release of information at a public meeting hel...Read More

Edward Meir has joined international financial brokerage firm ED&F Man Capital Markets as a senior commodity independent consultant.Until recently, Meir - who runs Commodity Research Group, a consultancy specializing in metals and energy research - was at INTL FCStone in New York.He joined INTL in 2011 after nine years primarily in Man Group's base metals and energy team.Prior to...Read More

China's sustained presence as a buyer in Southeast Asia's spot billet market has been boosting prices in the region, sources told Fastmarkets. At least two cargoes involving close to 80,000 tonnes of Indian billet and 55,000 tonnes of Russian billet were booked at $395-400 per tonne cfr China after the country's October 1-7 Golden Week to commemorate its 70th National Day."The major buyers are re-...Read More

Gold as an asset class has a weak correlation to the stock market and is worth diversifying into.Gold outperformed the S&P 500 index across the past 2 crisis in 2002 and 2009 and could be a good hedge in a frothy market.Overall gold investments generated lower returns in the past 20 years but is important to include for portfolio risk management.The market has been volatile with wild swings re...Read More

Silver is looking stronger than gold from a fundamental and a technical perspective...by Stewart Thomson of Graceland UpdatesGraceland Updates 4am-7amhttps://www.gracelandupdates.comhttps://gracelandjuniors.comhttps://gudividends.comhttps://guswinger.comhttps://gublockchain.comEmail:[email protected][email protected][email protected][email protected][email protected]Oct 15, 2019For silver, al...Read More

RAPAPORT... The Diamond Empowerment Fund (DEF) has grantedits largest-ever award, to be shared among nine beneficiaries across three continents.The $470,000 training and education grant,released early last week, is designed to support girls' education,entrepreneurship and youth empowerment across India, Africa and Canada. Projects include funding for a new science,technology, engineering and mathe...Read More

RAPAPORT... Alrosa's sales fell 24% year on year to $258.7 million inSeptember, amid continued market weakness. However, the total was the highest in four months, and reflecteda noticeable recovery in the small-stone sector, the Russian miner said last week. "It is partly due to the traditional autumn market revivalafter the holiday period, and a slight increase in demand from Indian cutters...Read More

RAPAPORT... De Beers will partner with two major retailers topromote Lightbox, its affordable lab-grown-diamond-jewelry brand. Lightbox's $800-per-carat jewelry is set to be soldin select Bloomingdale's stores, including in New York City and San Francisco, thecompany said last week. It will also be distributed through 30 stores belongingto independent retailer Reeds Jewelers, which are primarily l...Read More

RAPAPORT... Six synthetic-diamond companies have signed up for apilot program aimed at creating a sustainability standard for the sector. SCS Global Services, a third-party auditing specialist,will analyze companies' environmental, social and governance records, with thegoal of devising an independent sustainability certification for lab-growndiamonds. Crystal brand Swarovski and jeweler Helzberg...Read More

Gary Christenson, The Deviant InvestorThe music died many times in the past. To name a few:1929 Market crash1933 President Roosevelt confiscates citizen gold and declares it illegal to own more than a few ounces.1971 President Nixon "closed the gold window" and severed the last link between the devaluing dollar and gold.1987 Stock market crash2000 Stock market and "dot-com" crash2008 Stock marke...Read More

For silver, all roads probably lead to the $22-$25 area. For gold, all roads likely lead to $1600-$1800. There could be significant bumps in these roads, probably involving time more than price.2. Please [ https://gracelandupdates.com/wordpress/wp-content/uploads/2019/10/2019oct15si1.png | click here now ] . Double-click to enlarge this silver chart.3. Silver looks stronger than gold, but gold i...Read More

All is not well behind the curtain.If all you did was listen to the talking heads on TV you might think things are all right.You've heard the talking points. The economy is strong, we just recorded the lowest unemployment rate in 50 years etc. etc.But dig a little deeper and there's a lot to be worried about.While unemployment is at a 50-year low, the U.S. manufacturing index showed its worst read...Read More

Panic.It's an emotion that's good for business when it comes to the 24-hour news cycle.There was the post-World-War-II Red Scare. Then you had the "Satanism via Dungeons and Dragons" panic of the 1980s. There's always been something to keep the masses looking over their shoulders and glued to the TV.Even today you can take your pick.Longstanding classics like poisoned Halloween candy pop up every...Read More

Oct 17, 2019 Guest(s): Chris Berry China could restrict the supply the rare earth battery metals to retaliate against U.S. tariffs, this according to Chris Berry, president of House Mountain Partners. "Rare earths are somewhat unique in the sense that China effectively owns the entire supply chain. I think that in light of the trade war rhetoric going back and forth, which I don't see any end t...Read More

For silver, all roads probably lead to the $22-$25 area. For gold, all roads likely lead to $1600-$1800. There could be significant bumps in these roads, probably involving time more than price.2. Please [ https://gracelandupdates.com/wordpress/wp-content/uploads/2019/10/2019oct15si1.png | click here now ] . Double-click to enlarge this silver chart.3. Silver looks stronger than gold, but gold i...Read More