The company said yesterday it understood the government had made a decision to "unilaterally terminate the concession agreement" for the Ilovica 6 concession.Read More
NEWS &VIEWSForecasts, Commentary & Analysis on the Economy and Precious MetalsCelebrating our 46th year in the gold businessJANUARY 2020"The wind now appears to be at gold's back after six years of slogging." - David Hay, Evergreen GavekalSanta Claus rally in gold and silver crowns a very good yearBy: Michael J. Kosares, USA GoldIt was a very good year for precious metals. Gold posted a nearl...Read More
Clive MaundIn this update I am not going to repeat the points made in the last fairly comprehensive update, instead we are going to focus on the importance of the resistance level just above where the price is now, and impact of the killing of the Iranian General and its potential implications for the gold price.On the latest 10-year chart we can see that gold is making a 2nd attack on the key m...Read More
"The best is yet to come."- Frank Sinatra, American singer, actor, producer, 1915-1998 "You are never too old to reinvent yourself."- Steve Harvey, American comedian, businessman, entertainer, b. 1957 "It is never too late to be what you might have been."- George Eliot, (Mary Ann Evens), English novelist, poet, journalist, translator, a leading writer...Read More
By: Ira EpsteinGold weekly swingline in bullish posture. Upside bias. $1491 area 18-week moving average at end of last week, support. Weekly gold chart over Bollinger band:Read More
Crisis DelayedCircling the DrainTax and SpendGet ReadyWriting, SIC Planning, and More WritingWelcome to the 2020s. Some weren't sure we would make it this far, but we did. Now we face a new decade and new challenges. How we handle them will determine what kind of conversation we have in 2030.This concern for the future is one of the things that separates humans from animals. Dogs don't worry abo...Read More
Clive MaundIn this update I am not going to repeat the points made in the last fairly comprehensive update, instead we are going to focus on the importance of the resistance level just above where the price is now, and impact of the killing of the Iranian General and its potential implications for the gold price.On the latest 10-year chart we can see that gold is making a 2nd attack on the key m...Read More
"The best is yet to come."- Frank Sinatra, American singer, actor, producer, 1915-1998 "You are never too old to reinvent yourself."- Steve Harvey, American comedian, businessman, entertainer, b. 1957 "It is never too late to be what you might have been."- George Eliot, (Mary Ann Evens), English novelist, poet, journalist, translator, a leading writer...Read More
By: Ira EpsteinGold weekly swingline in bullish posture. Upside bias. $1491 area 18-week moving average at end of last week, support. Weekly gold chart over Bollinger band:Read More
When I peruse the comments on our Elliottwavetrader site alone, I am seeing a myriad of “beliefs” as to what the metals are doing and will be doing.Most of such beliefs seem to be driven by feelings, and quite a number of them have been fighting this metals rally. Yet, some are even driven by various forms of analysis. Of late, we are seeing so many become fearful of the metals market...Read More
NEWS &VIEWSForecasts, Commentary & Analysis on the Economy and Precious MetalsCelebrating our 46th year in the gold businessJANUARY 2020"The wind now appears to be at gold's back after six years of slogging." - David Hay, Evergreen GavekalSanta Claus rally in gold and silver crowns a very good yearBy: Michael J. Kosares, USA GoldIt was a very good year for precious metals. Gold posted a nearl...Read More
Clive MaundIn this update I am not going to repeat the points made in the last fairly comprehensive update, instead we are going to focus on the importance of the resistance level just above where the price is now, and impact of the killing of the Iranian General and its potential implications for the gold price.On the latest 10-year chart we can see that gold is making a 2nd attack on the key m...Read More
"The best is yet to come."- Frank Sinatra, American singer, actor, producer, 1915-1998 "You are never too old to reinvent yourself."- Steve Harvey, American comedian, businessman, entertainer, b. 1957 "It is never too late to be what you might have been."- George Eliot, (Mary Ann Evens), English novelist, poet, journalist, translator, a leading writer...Read More
By: Ira EpsteinGold weekly swingline in bullish posture. Upside bias. $1491 area 18-week moving average at end of last week, support. Weekly gold chart over Bollinger band:Read More
Crisis DelayedCircling the DrainTax and SpendGet ReadyWriting, SIC Planning, and More WritingWelcome to the 2020s. Some weren't sure we would make it this far, but we did. Now we face a new decade and new challenges. How we handle them will determine what kind of conversation we have in 2030.This concern for the future is one of the things that separates humans from animals. Dogs don't worry abo...Read More
Here are five Fastmarkets MB stories you might have missed on Friday January 3 that are worth another look....Read More
Here are five Fastmarkets MB stories you might have missed on Friday January 3 that are worth another look....Read More
RAPAPORT... Nonprofit organization Mercury Free Mining (MFM) will trial new equipment that may eliminate mercury in gold processing.MFM will begin scientific testing of Goldrop, a new separation process created by Sluice Goose Industries. The experiment will take place in conjunction with the Ghana National Artisanal and Small-Scale Miners Association (GNASSM) and the University of Miners and...Read More
RAPAPORT... Sales of jewelry and other luxury items in Hong Kong slid in November, as protests continued to hinder inbound tourism and weaken consumer sentiment.Revenue from jewelry, watches, clocks and other valuable gifts fell 44% year on year to HKD 3.34 billion ($428.9 million) during the month, the municipality's Census and Statistics Department reported last week. Sales across all retai...Read More
RAPAPORT... Jewelry sales at Titan Company strengthened during the third fiscal quarter amid solid bridal demand, the Indian retailer said Saturday.Revenue grew 11% year on year for the three months ending December 31, which included the important Diwali season, according to a trading update. Consumer sentiment has been low recently because of an economic slowdown in India, leading to a decli...Read More