Gold futures fell Friday to settle at their lowest in more than two weeks, also down from the week-ago finish, on the back of a jump in U.S. consumer sentiment and a slightly firmer dollar. "The risk-off tone is not delivering a strong bid for gold [Friday], and that is mainly attributed to the overall strength we saw with U.S. data this week and optimistic outlooks we saw on the corporate front,"...Read More
Gold futures moved sharply lower Thursday, registering their lowest finish in a week, pressured by a batch of upbeat U.S. domestic data as equities traded broadly higher, dulling the appeal of the haven metal. "A good rebound in the U.S. stock market this week has boosted trader and investor risk appetite, which is bearish for the safe-haven metals," said Jim Wyckoff, senior analyst at Kitco.com....Read More
Last week, Bloomberg's New Energy Finance released its Electric Vehicle Outlook for 2019.Here are some highlights ...Over 2 million electric vehicles were sold in 2018, up from just a few thousand in 2010.Annual passenger EV sales expected to rise to 10 million in 2025, 28 million in 2030, and 56 million by 2040.Due to rapid reductions in battery costs, the price parity between EVs and internal co...Read More
In fiscal year 2018, the courts reported 69,425 felony and Class A misdemeanor cases to the Commission. This represents an increase of 2,552 cases from the Continue...Read More
Investigators say last Sunday's mysterious "sabotage" attack on four tankers which included two Saudi ships off Fujairah in the United Arab Emirates was "highly likely" the Continue...Read More
US military actions are designed to provoke the conflicts that they believe will benefit their overall geopolitical strategy.Continue...Read More
The Fed promised that the quantitative easing would be only temporary and that it would reduce its ballooned balance sheet to the pre-crisis level. Now, as the Fed adopted an interest targeting with ample-reserves, we know that this is not going to happen. We invite you to read our today’s article about the new Fed’s regime and find out how it works and what it implies for the US monet...Read More
Crystal Lake Mining - A Golden TeamI have been in the junior mining field writing my newsletter for over eighteen years. During that time, I have met a whole assortment of people and I've seen my share of arrogant so-called leaders. I've been on the ego see-saw, trying to balance out what the actual story is versus whatever nonsense the guy either on the top or in the IR department is trying t...Read More
Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Android | Email | Stitcher | RSSGiven how low current silver valuations are, this is a great week for a Metals & Markets show that takes a forward look at potential...by James Anderson for SD BullionSilver and gold had down weeks in price action.The silver spot price is rounding out the week just below $14.50 oz while the gold sp...Read More
The second day of the 5th Mediterranean Gem and Jewellery Conference held in Limassol, Cyprus, was dedicated to frontal lectures. One of the highlights was a presentation by Dr. Michael Schlamadinger, Head of Procurement at Swarovski Gemstones, Wattens, Austria. He spoke about Swarovksi's decision to begin marketing their own line of lab-grown diamonds (LGDs) and market them in a jewelry line...Read More
"Lipper U.S. Weekly FundFlows Insight Report: Money Market Funds Drive Overall Net Inflows For The Third Straight Week https://t.co/PxBJHLJkdn"Read full newsRead More
A gold rush in Peru's Tambopata province transformed the Amazonian wilderness into a desert pocked with dead trees and toxic pools. Security forces came and went; illegal miners scattered and returned. Then Peru announced a new approach, to stay. (May 16)Read full newsRead More
Precious metals declined for the week as investors with risky appetites lost interest in the metals' safe haven nature.Read full newsRead More
Nutrien (TSX:NTR)(NYSE:NTR) is among the largest fertilizer companies in the world. With a market cap of $39 billion, it’s a TSX 60 component and a major supplier to emerging markets.Recently, there has been some optimism toward Nutrien owing to the growing demand for its products in China and India. Combined, these markets make up 40% of the company’s total sales. As they continue to...Read More
Human rights group Kap?(C)-Kap?(C) denounced this week that illegal mining continues to destroy the traditional territory of the Pem??n Indigenous tribe in southeastern Venezuela.The civil society association issued a media statement this week saying that unregulated gold extraction is polluting the Carrao river and its tributaries within the Canaima National Park, in the Bol?-var state.This is th...Read More
Martin Elvis, senior astrophysicist at the Smithsonian Astrophysical Observatory in Cambridge, and Tony Milligan, a philosopher at King's College London, collaborated on a study that concludes that humans should be allowed to mine only one-eighth of eligible planets, moons and asteroids, leaving 85% of the solar system untouched.As companies get closer to developing technologies that allow them to...Read More
The possibility of an oversupply of lithium chemical is a myth, the president of California-based Global Lithium, Joe Lowry, said this week.Addressing the audience at the conference Paydirt 2019 Latin America Downunder, Lowry blamed the spread of such a 'myth' on 'big bank' analysts and the Chilean regulator CORFO.In Lowry's view, there have been misunderstandings regarding CORFO's reports related...Read More
There are many different methods for investing in gold, as we have outlined previously.Gold streaming and royalty companies are a unique investment. They offer a distinct set of advantages and disadvantages in their exposure to gold.First, it should be noted that there is a difference between streaming and royalty stocks, but their underlying exposure to gold is similar.Before we get into the spec...Read More
The swing back into contango in the nearby aluminium forward curve on the London Metal Exchange triggered the cancellation of more than 90,000 tonnes of aluminium in LME-bonded warehouses this week.Almost 45,000 tonnes of material were freshly canceled on Friday May 17, predominantly out of registered warehouses in Johor and Singapore. More than 30,000 tonnes were canceled across the same location...Read More
The financing has been increased from $9 million and will now comprise the purchase of 12.5 million flow-through shares priced at 40c and 12.1 million charity flow-through shares priced at 49.5c."We are very pleased to be able to raise additional capital which will allow us to expand our ongoing exploration activities," said president and CEO Dr. Michael Byron.The gross proceeds will be used for e...Read More