Independent financial analyst Matt Badiali explains why he expects natural gas to rebound and discusses six potential investments.The oil price gets all the press. The price of a barrel collapsed during the Covid-19 lock down. Companies went bankrupt in droves. Now, the industry turned to mergers to survive.Investors fled. The sentiment turned awful. No one cares about oil anymore. The future is e...Read More
Apparently investors don’t tire of hearing the same old thing; and their advisors willingly provide the same questionable advice: “The best way to play this new bull market in gold is to buy gold stocks” or something to that effect. Are gold stocks a better choice than golditself? Let’s find out…Four years ago, in 2016, I wrote the following:“This year’s...Read More
Frank Holmes, CEO and chief investment officer of U.S. Global Investors, says it doesn't matter if the U.S. sees a Red victory or a Blue victory in the presidential election; gold will be the real winner. In this far-ranging interview with Streetwise Reports, he discusses gold's prospects post-election, inflation, stock market performance, criteria to evaluate mining companies, and companies in U....Read More
As we continue to near the November 3rd election day, Precious Metals have continued to trade within a narrow range suggesting price support is staying strong. It is my belief that potential downside risks for Gold and Silver will be relatively short-lived after the election. We believe the broad market decline witnessed on October 26, 2020, where the Dow Jones fell over 700 points, coupled...Read More
Trump and Biden debated for the second and last time in this campaign. So, who will win, and why gold is likely to be the biggest winner of them all?President Donald Trump and Democratic challenger Joe Biden met for the second and the last debate before the elections. Thankfully, this time things were less chaotic and with far fewer interruptions and insults. Perhaps Trump has acknowledged that hi...Read More
Joe Biden’s performancein Thursday night’s presidential debate was solid. The former vice presidentwas combative against Donald Trump and frequently had the billionaire USPresident on the defensive. Post-debate analysis centered around the questionof whether Trump, who is behind in the polls, did enough to convince votersthat taking a chance on Biden would not be in their best interest...Read More
Peter Krauth compares silver and bitcoin and explains why he believes investors should own both.At the risk of offending bitcoin or silver investors, I think this is a question worth asking.I have been researching and following these assets for some time. In my view, it's not an either-or dilemma. You should simply own both.I believe silver and bitcoin remain massively undervalued, and that the ma...Read More
Silver is not just any industrial metal. Used as money for centuries, much longerthan the fiatcurrencies have been used, with its specific properties that arealso widely used in many industries (best conductor of heat and electricity),with crude oil, it is perhaps one of the most versatile commodities.As far as the white metal is concerned,on September24 th , we have warned you about the possible...Read More
Metalsbroke out earlier in the year because there has likely never been so manyfundamental reasons to buy gold and silver.We’ve seen economic turmoil, political strife, social unrest, a $3 trillionfederal deficit, and a dollar weakened by fiscal and monetary stimulus – allhappening at once.Howthe markets finish the year will depend on whether these conditions persist.Thenear-term beari...Read More
Since the middle of 2019, we have been in a preciousmetals bull market, with gold prices hitting a new all-time high of$2079 on August 3, 2020. And silverprices have also been climbing steadily since the beginning of 2Q 2020,sending investors on the search for the best way to play this precious metalsbull run for maximum upside potential. In the search for high upside in this bullmarket, many inv...Read More
RAPAPORT... Canada-based jewelry retailer Birks Group saw sales slump in its first fiscal half as the coronavirus forced stores to shut for much of the period.Revenue slid 33% year on year to just over CAD 57 million ($43.9 million) in the six months that ended September 26, the company reported Friday. It incurred a net loss of CAD 2.8 million ($2.2 million), though that was still a 38% impr...Read More
RAPAPORT... Gem Diamonds has recovered a 179-carat rough diamond from its Let??eng mine in Lesotho.The miner found the high-quality, type I diamond on Thanksgiving Day, it said last week. The stone is the 16th diamond over 100 carats the company has found this year. Earlier this month, Gem Diamonds unearthed 104- and 111-carat specimens from the deposit.The company has already found more diamonds...Read More
RAPAPORT... US e-commerce sales hit an all-time high for Black Friday this year as more consumers turned to online purchasing amid anxiety over the pandemic.Digital spending increased 22% year on year to $9 billion, with consumers shelling out $6.3 million per minute, Adobe Analytics said Saturday. Not only is that total the highest on record for Black Friday, it is also the second-largest online...Read More
RAPAPORT... Trans Atlantic Gem Sales (TAGS) sold "almost 100%" of the goods on offer at a rough tender in Dubai earlier this month as buyers showed optimism ahead of the holidays, the company reported.The group, which sells diamonds on behalf of producers and artisanal miners, offered around 45,000 carats with a value of $35 million to $40 million, it said last week. A total of 130 companies...Read More
(IDEX Online) - The world's most expensive handbag - a $7m creation made of alligator skin with over 130 carats of sapphires, diamonds and Paraiba tourmalines - is to fund the fight against ocean pollution.Almost $1m from the sale of each bag will help rid them of discarded plastic harmful to sea life.The Parva Mea ocean-inspired bags (pictured) take 1,000 hours to produce, and Italian luxury...Read More
(IDEX Online) - A rough tender in Dubai sold diamonds valued at $35m to $40m as optimism returned and traders from Israel were able to attend for the first time.The week-long Trans Atlantic Gem Sales DMCC (TAGS) socially-distanced sale took place earlier this month at the Dubai Diamond Exchange. Almost all the 45,000 carats were sold.TAGS said it had received numerous new registrations from...Read More
(IDEX Online) - Tiffany and Pandora receive the highest rankings for responsibly sourcing their supplies of diamonds, gold and other minerals, in a report by the Human Rights Watch.But overall there is still long way to go to wipe out human rights abuses across the supply chain, it concludes.The US and Denmark-based jewelers performed strongly by taking significant steps towards responsible sourci...Read More
The mining giant is making the most of rising gold prices.Read full newsRead More
I think it's been a while since a good rant has appeared in these pages, so here goes. Do you remember when this pandemic started? It seems like it was ages ago, but the first case in the U.S. was confirmed on January 21. It was declared a worldwide pandemic on March 11. On March 19, California became the first state to issue stay-at-home orders. You know the rest of the story. During those firs...Read More
Here are five Fastmarkets stories you might have missed on Monday November 30 that are worth another look.Italian authorities will finalize their takeover of a share in flat steel producer ArcelorMittal Italia on December 10, trade unions Fiom-Cgil and Uilm said on November 30.The first deal for...Read More