I will start this expose of what is really going on in Chile by pointing out that as I have lived there for the last 14 years, I am well placed to talk about it. I am aware that the truths that I am going to set out here may upset more than a few people, but if things are ever going to get better you have to begin by accepting reality, and the reality of the situation in Chile, which has seeming...Read More

RambusA line chart can give you a different perspective vs a bar chart which is why I like to use them both to help uncover a potential pattern. Line charts can often times give you a quicker heads when a stock is breaking out.Below is a weekly line chart for GLD which shows you why I'm so concerned about the PM complex right now. As you can see this weekly line chart shows a triple top with the...Read More

By: Ira EpsteinGold wanting to breakdown but the gold market does not have a trend but bias and momentum down. Below the 18-week moving average. $1,440-$1,450 support. $1,485 challenge area..Read More

Although some notable long-term bond bulls are close to throwing in the towel as U.S. Treasury yields continue to climb, the chart suggests the bull market begun nearly 40 years ago still has farther to go. Yields on the long bond settled Friday at 2.41%, up from 1.90% in August, while T-Notes have gone from 1.43% to 1.93% over the same time. The rallies have been impressive if not to say sc...Read More

Technical RecessionFreight Volumes Plummet"An Ugly Battle"Philadelphia, Dallas, and ???If you are a computer (other than the newest experimental quantum ones), your world is entirely binary. Everything is some combination of zeroes and ones. The machines can do marvelous things with those two digits but they have limits.We humans don't have to think in either/or terms, yet we often do. I see it...Read More

Steel billet prices in most markets around the world continued on an upward trend in the week ended Friday November 8 amid a recovery in scrap prices in the bellwether Turkish import market.Market participants consider Turkey's scrap import prices to be a major indicator of scrap price trends because the country is the world's largest importer of the steelmaking raw material.Fastmarkets' assessmen...Read More

Here are five Fastmarkets MB stories you might have missed on Friday November 8 that are worth another look.China's import quota system, which has restricted the inflow of scrap metal this year, will remain in place for another year, with a significant drop expected in the total quantity of quotas granted, the China Nonferrous Metals Industry Association (CMRA) said.An injunction from a Brazilian...Read More

Here are five Fastmarkets MB stories you might have missed on Friday November 8 that are worth another look.China's import quota system, which has restricted the inflow of scrap metal this year, will remain in place for another year, with a significant drop expected in the total quantity of quotas granted, the China Nonferrous Metals Industry Association (CMRA) said.An injunction from a Brazilian...Read More

RAPAPORT... Revenue and profit at Titan Company rose as the retailer sawgrowth across all its businesses in thesecond fiscal quarter. Sales increased 2% to INR 46.93 billion ($657.7 million), including at subsidiaries, inthe three months ending September 30, while profit climbed 4% to INR 3.12billion ($43.7 million), the Indian company said last week. Jewelry sales wereflat at INR 36.5 billio...Read More

RAPAPORT... Israel's polished-diamond exports fell 21% to $2.62 billionin the first nine months of the year, according to data from the nation'sMinistry of Economy. Shipments to the US, Israel's largest export market,dropped 14% to $1.13 billion, while supply to Hong Kong slid 46% to $577million.Israel Trade Data for Jan-Sep 2019  Read More

RAPAPORT... Weak rough-diamond demand led to a drop in profit at Alrosa in the third quarter, the Russian miner reported.  Profit slid 44% to RUB 13.5 billion ($211.6 million) for thethree months ending September 30, as revenue faltered and the company's margin fell it said lastweek. Sales decreased 37% to $611 million, as proceeds from bothrough and polished diamonds declined. Rough sa...Read More

RAPAPORT... Forevermark has opened its first boutique in the US, inpartnership with the owners of Padis Jewelry."In opening our first Forevermark boutique, consumers willbe able to more deeply experience and appreciate the full journey of aForevermark diamond," Forevermark US president Charles Stanley said last week. The De Beers-owned brand opened the store in Walnut Creek, California as a j...Read More

RAPAPORT... Jewelry sales at Richemont increased 8% in the first fiscalhalf, even as the company faced a challenging market in Hong Kong. Jewelry proceeds at Cartier and Van Cleef & Arpels roseto EUR 3.74 billion ($4.12 billion) in the six months ending September 30,while watch sales grew 1% to EUR 1.57 billion ($1.73 billion), Richemontreported Friday. Cartier's Love and Juste un Clou j...Read More

(IDEX Online) - Alrosa has debuted a pilot digital tender program that gave buyers access to a full digital scan of each rough diamond for sale. To do so, the mining company used various tools and technology from Sarine Technologies, including Sarine's Galaxy inclusion mapping and DiaExpert planning.The scans give information about each rough diamond's detailed external shape, internal i...Read More

(IDEX Online) - The Women's Jewelry Association (WJA) has debuted a new learning program, "Negotiable," to help its members build their ability to negotiate a promotion, a better vendor contract or higher sales.The program includes videos, assessments and worksheets and is part of the organization's Gender Equality Project. Data shows that women make the vast majority of purchase de...Read More

(IDEX Online) - Alrosa has announced that revenue for the third quarter of 2019 dropped 20 percent to 46 billion rubles ($721.3 million) compared to the previous quarter. Sales were down 23 percent in the quarter. Year-over-year, revenue dropped 35 percent while sales dropped 5 percent. Alrosa also sold a higher volume of small-size diamonds, which contributed to the fall in revenue. In...Read More

Poster South Africa mine regeneration on trackSPONSOREDorion mineralsEscondida produced 8.4% less copper in the first nine months of the year, falling to 870,400t from 950,900t in the prior year period as ore grades fell 5%.Codelco saw its output fall 6.7% from 1.3 million tonnes to 1.2Mt. Codelco's operations in northern Chile were impacted by heavy rains in February and then a strike at Chuquica...Read More

RGLD earnings call for the period ending September 30, 2019.Read full newsRead More

"First Mining Files Technical Report for the Positive Updated Preliminary Economic Assessment for the Springpole Gold Project https://t.co/wW7Hx4rJlF"Read full newsRead More

"$KPTSF - KP Tissue Inc. (KPTSF) CEO Dino Bianco on Q3 2019 Results - Earnings Call Transcript. Follow this and any other stock on Seeking Alpha! https://t.co/Gnwk3edr4o #business #stocks #economy"Read full newsRead More