"Unfortunately, my home community ... has become a major entry point for this activity...It's refined, it's made into jewelry or placed into our electronics and then it's sold to U.S. consumers - much of it, if not all of it, untraceable."Continue...Read More
Mike Gleason: It is my privilege now to welcomeback our good friend Greg Weldon, CEO and president of Weldon Financial. Greg hasdecades of market research and trading experience specializing in the metalsand commodity markets and even authored a book back in 2016 titled GoldTrading Boot Camp where he accurately predicted the implosion of theUS credit market and urged people to...Read More
Technical Analysis is the theory that price relates all news, fundamental and correlative future expectations into current and recent price activity. It is the theory that price is the ultimate indicator and that charts paint a very clear picture for those individuals that are capable of understanding the message that is being presented. In this research article, we are going to highli...Read More
We all know that the gold and silver Commitments of Traders are very extended and at levels of commercial net shorts and large spec net longs that tend to be in place at tops in the metals. Well, the metals topped in the summer, so what does that tell us?For one thing it tells us that bull market rules are different from bear market rules as per this post from August as gold was topping.Gold and S...Read More
Prices in the major global markets for steel billet continued to rise during the week ended Friday December 6, but buying was slower than the previous week because most mills were fully booked.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey, was $278.98 per tonne on December 6 compared with $266.08 per tonne on November 29."Suppliers have already s...Read More
Here are five Fastmarkets MB stories you might have missed on Friday December 6 that are worth another look.Sir Brian Bender has seen three London Metal Exchange chief executive officers, the sale to Hong Kong Exchanges & Clearing and a great number of other changes over more than nine years as the exchange's chairman, he told Fastmarkets in an interview, but the open outcry system will remain for...Read More
Investor ardor for gold, as measured by inflows into exchange-traded products, is finally cooling as the metal pulls back from a six-year high set earlier in 2019 - and that might be the contrarian, positive development it needs to make another run higher, said one of Wall Street's most widely followed chart watchers. 'We don't want you to fall asleep on gold, the charts are too good.'Jeff deGraaf...Read More
The debate on the amount of above-ground silver stocks is completely meaningless when we compare it to the value of global assets...by Steve St Angelo of SRSrocco ReportThe debate on the amount of above-ground silver stocks is completely meaningless when we compare it to the value of global assets. It is also true when we compare the estimated above-ground stocks of gold versus silver. While t...Read More
Here are five Fastmarkets MB stories you might have missed on Friday December 6 that are worth another look.Sir Brian Bender has seen three London Metal Exchange chief executive officers, the sale to Hong Kong Exchanges & Clearing and a great number of other changes over more than nine years as the exchange's chairman, he told Fastmarkets in an interview, but the open outcry system will remain for...Read More
RAPAPORT... Christie's brought in $6.9 million from its Fine Jewels salein Paris, with a fancy orangey-pink diamond ring fetching more than eight timesits high estimate. The old-cut, 6.32-carat, type IIa, VS2-clarity diamond wasthe top-grossing lot, going for $717,596 against a high estimate of EUR 80,000($88,473), or $113,544 per carat. Christie's sold a total of 80% of the lots onoffer at l...Read More
RAPAPORT... Watches ofSwitzerland has appointed Katie Reed vice president of marketing for the US. She will be responsible for all North American communications for the brand, as well as itsMayors subsidiary. Reed was previouslyvice president of marketing and revenue at Surface Media, as well as publisherof its Watch Journal magazine. She was recognized by The Wall Street Journal in2014...Read More
RAPAPORT... Tiffany & Co. has opened a one-month holiday pop-up shopin New York featuring its men's collection. The store, which will be open from December 6 to January 6,will carry items from the jeweler's Tiffany Men's collection, includingaccessories, barware, home objects and games, the company said last week. Theretailer will also offer custom Tiffany basketballs created by Spalding....Read More
(IDEX Online) - To better reflect its mission, the Diamond Empowerment Fund is changing its name to Diamonds Do Good. Diamonds Do Good was set up in 2007 and for over 12 years has supported programs that develop and empower people in diamond communities around the world. In recent years, it has also told the stories of the good that diamonds do for the communities in which they are mined, cut...Read More
RAPAPORT... An Art Deco aquamarine and diamond necklace by Cartierfetched more than triple its high estimate at Bonhams' London Jewels sale. The Cartier piece, which is dated from 1940 and features 170carats of aquamarines, sparked an international bidding war, selling for $601,213 against its $192,435 high valuation, the auction housesaid last week. Ten pieces of jewelry from the priva...Read More
(IDEX Online) - Mall traffic rose 91 percent on Black Friday compared to an average weekend. That's the result of a report from advertising technology company Mobility Technologies. That's the good news. The bad news, at least for jewelers, is that they were far from top of mind for shoppers. According to Mobility Technologies Black Friday report lingerie was the biggest growth cate...Read More
Fanny Bay Oyster's newest location is the city's only "tide to table" oyster bar and shellfish market in Vancouver's stadium district on Cambie Street, providing the city with the freshest shellfish and seafood experience in BC. Fanny Bay Oyster's menu has you covered for brunch, lunch, happy hour, and dinner - but if you can't stay, you can bring something home from the shellfish market. Photo c...Read More
You have an opportunity to get outdoors and hit the road for an adventure with access to Outdoorsy's RV rental marketplace in Canada and the US, where it connects RV owners with campers alike who want to experience life on the road, just without the ownership. Outdoorsy's platform has a selection has vintage Airstreams, fifth wheelers, toy haulers, Class A, B, and C of RVs, as well as motorhomes a...Read More
Experience everything North America has to offer with family and friends from the comfort of an amazing motorhome, trailer, or camper van with RVezy.com, Canada's largest RV sharing community. Ditch the tent, the hotel reservation, the expensive flights, and book your dream road trip today. Affordable and amazing RV vacations are easier than ever!When you go to The Chopped Leaf, it's impossible no...Read More
Nigeria, Iraq and Russia all face middling economic growth and restive populations at home, giving each strong incentives not to forego badly needed oil revenues.Read full newsRead More
The world's biggest iron ore miners are looking for novel ways of satisfying their customers and protecting market share in the $150 billion global industry.Read full newsRead More