Featured GuestsDr. Raymond Moody MD & Dr. Stephen Leeb PhDShow HighlightsPart II of the talk with Dr. Raymond Moody, author of best-selling Life after Life (1974) and founder of The University of Heaven follows. The host is reunited with the former forensic therapist 30 years after sitting in Dr. Moody's undergraduate class.Dr. Moody embarked upon a remarkable-lifelong scientific journey to unco...Read More
My Two CentsBy Andy Sutton / Graham Mehl It began as any other bull market. An early burst followed by climbing a wall of worry, then bursting out (or down in this case) beyond the wall of worry, its trajectory headed for the great ethereal unknown. And just like every similar time in history, market analysts, policy makers, and the general public assumed it would go on like this forever. And i...Read More
By John MauldinAddicted to DebtLost Exorbitant PrivilegeTrigger PointsFrankfurt, Cleveland, Golf, and Here and ThereIs debt good or bad? The answer is "Yes."Debt is future spending pulled forward in time. It lets you buy something now for which you otherwise don't have cash available yet. Whether it's wise or not depends on what you buy. Debt to educate yourself so you can get a better job may b...Read More
By Gary Tanashian[edit] When viewing the sector through a technical lens it has been 'bounce only'. As this post shows, the fundamentals are in the process of changing for the better. What do bad technicals and good fundamentals spell? Opportunity. This edit goes in because while doing this weekend's work (NFTRH 523) a road map to the buying opportunity has emerged. It has very much to do with t...Read More
By David MorganFinancial crises start under blue skies, as investors in emerging markets know too well. They lead rather than follow business recessions. Ultimately, they are caused by a sharp tightening of liquidity conditions and collapsing investors' risk appetite.Arguably, the most important price to watch in financial markets for an early-warning sign is the price of the dominant economy's...Read More
By Darryl Robert Schoon As we approach the 2018 US midterms, interest in voting is the highest it's been in decades. Republicans, Democrats, independents and even the disaffected are engaged; and with voting 10 days away, we should review democracy's origins as it relates to the outcome of the midterms. The success of self-government ultimately depends on the nature of the self to be governed....Read More
The Thinking North event last week held in Toronto was another success. It was the sixth time I was the keynote speaker.About 150 investors attended and 10 companies presented. The topic was Trend Investing. The link to the summary of my talk is below:http://www.stockhouse.com/opinion/independent-reports/2018/10/25/trend-investingRead More
Gold futures climbed Friday, finding haven-related support despite some better-than-expected U.S. economic data, as equities saw renewed pressure to end a volatile week. Prices, however, finished a buck short of the roughly three-month high it settled at on Tuesday. December gold GCZ8, -0.03% rose $3.40, or 0.3%, to settle at $1,235.80 an ounce, tacking on 0.6% for the week-its fourth weekly rise...Read More
Investing.com - Market players are likely to stay focused on global supplies in the week ahead, after oil prices suffered their third consecutive weekly loss, driven lower by indications of swelling U.S. crude stockpiles.U.S. oil inventories rose 6.3 million barrels last week, almost double the amount analysts had forecast, the U.S. Energy Information Administration said on Wednesday.It was the fi...Read More
* Asian stock markets : https://tmsnrt.rs/2zpUAr4* E-Mini futures for S&P 500 up 0.4 pct, Australian shares buoyant* Poor industrial profits data from China likely to weighBy Swati PandeySYDNEY, Oct 29 (Reuters) - Asian shares look set for a modest bounce on Monday, though sentiment remains fragile as bears are on the ascendancy after steep declines across world financial markets last week on...Read More
Investing.com - This week, investors will be looking ahead to Friday’s U.S. jobs data for October, which is expected to show that hiring picked up after disruption from Hurricane Florence led to an unexpected slowdown in the previous month.The data will be closely watched for indications on the health of the U.S. economy at a time when concerns over rising interest rates are spooking investo...Read More
RAPAPORT... The Democratic Republic of Congo (DRC) has exportedconflict-free artisanal gold to the US jewelry market for the first time,according to groups involved in the project. The metal from the South Kivu province has gone on sale atcertain Signet Jewelers retail chains, the Responsible Artisanal Gold SolutionsForum (RAGSF) said last week. RAGSF and the US Agency for International Devel...Read More
The president of Zimbabwe Miners Federation, Henrietta Rushwaya, announced that villagers living around the Marange diamond fields in the eastern Manicaland province will be allocated claims to extract gems as part of government plans to empower the communities through mining.During a meeting with members of the regional miners association, Rushwaya said her office approached state-owned Zimbabwe...Read More
RAPAPORT... Jewelers of America (JA) will launch its first NationalConvention in New York next July. The forum - open to jewelry professionals -will feature expert presentations and discussions on issues facing the US and international jewelry industry, the JA said last week. It willrun from July 28 to 29, coinciding with other New York industry events,including the Women's Jewelry Associatio...Read More
RAPAPORT... Production at the Gahcho Ku?(C) mine was flat in the thirdquarter as higher grades offset the impact of a planned closure. Ore from the asset yielded 2.4 carats of rough diamonds pertonne - an 8% increase versus a year ago. Total output was therefore stable at1.8 million carats, even as the amount of material treated fell 8% to 759,000tonnes. "A planned maintenance shutdown in th...Read More
RAPAPORT... Richemont has partnered with Alibaba Group to improve Chineseconsumers' access to the Swiss retailer's luxury platforms. Alibaba will provide the technology and infrastructure to helpRichemont sell to the Chinese market through its e-commerce sites, Net-a-Porterand Mr Porter, the companies said Friday. Richemont will launch two mobile appsfor those platforms, as well as making the onli...Read More
(IDEX Online) - The World Diamond Council (WDC) held its 14th Annual General Meeting (AGM) in Mumbai, reaching consensus on critical areas of reform for both the Kimberley Process and the WDC System of Warranties (SoW). Resolutions for further improvement of a responsible supply chain and enhanced self-regulation exercise within the WDC System of Warranties (SoW) Guidelines were passed, th...Read More
(IDEX Online) - Sales of fine jewelry and fine watches rose by 8.9 percent in the U.S. market in August, when compared to the same month a year ago. Overall sales in August, the last month for which figures are available, were an estimated $6.1 billion, according to preliminary data from the U.S. Commerce Department. Outlook US labor markets are tight and that's...Read More
In recent days, mid-tier gold and copper miner Aura Minerals (TSX:ORA) decided to suspend operations at its San Andr?(C)s mine in Honduras due to what the miner calls 'an illegal occupation of the mine' that has been intensifying since July 13, 2018.Through its subsidiary in the Central American country, Minerales de Occidente S.A or Minosa, Aura management informed workers that the gold mine woul...Read More
Bank of Nova Scotia (Scotiabank) has hired four people for its metals business in New York after losing six traders and salesmen who defected to rival Canadian lender Bank of Montreal (BMO) last month, sources said.The move signals that Scotia, whose Mocatta metals arm has for years been the world's biggest lender to the physical precious metals industry, is committed to the business despite a res...Read More