Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of Two Minds now attracts some 200,000 visits a month. Charles also contributes to AOL's Daily Finance site and has written eight books, most recently "Surviv...Read More
"The president's real problem is that his behavior has finally gotten to a place where people are saying, 'Enough.'"Continue...Read More
Asa technical trader, one has to really learn to appreciate when a trade“reloads” for another move higher. Much like the Gold base/bottom inApril 2019 below $1300 that we called back in October 2018. When a trendconfirms and we can see the potential for upside profits, but price performs a“deep pullback” withing that initial trend setup – it is almost like...Read More
Billet price declines have slowed while several new deals were heard in global markets, but sources wondered where the Chinese market would move following the National Day holiday, celebrated October 1-7, Fastmarkets was told in the week ended Friday October 4. Southeast Asia China's markets were closed for the week-long National Day holiday and will resume trading on Tuesday October 8. An increas...Read More
Here are five Fastmarkets MB stories you might have missed on Friday October 4 that are worth another look.Flat steel import prices were caught once again in the continuous global downtrend during the past week, as market participants await for Chinese offers to resume after the Golden Week and material from other origins was sold at lower levels.It has been a hectic couple of years for LME c...Read More
Here are five Fastmarkets MB stories you might have missed on Friday October 4 that are worth another look.Flat steel import prices were caught once again in the continuous global downtrend during the past week, as market participants await for Chinese offers to resume after the Golden Week and material from other origins was sold at lower levels.It has been a hectic couple of years for LME c...Read More
RAPAPORT... Alrosa has recovered an unusual piece of rough featuring one diamond encased inside another,in a style similar to the traditional Russian nesting doll. The outer stone weighs 0.62 carats and contains an innercavity of 6 cubic millimeters in which the internal 0.02-carat diamond can move.After the company identified the 'matryoshka' stone during the sorting process at its Nyurba di...Read More
RAPAPORT... Rio Tinto has unveiled a necklace-and-ring set worth $1.1million, created from 673 diamonds recovered from its Argyle mine in Australia. The jewels, called Argyle Dreaming, were handcrafted byjewelry designer John Calleija using pink, white, yellow, blue and champagnediamonds, as well as gold from Rio Tinto's Kennecott mine in the US, thecompany said last week. Pieces in the set,...Read More
RAPAPORT... Phillips's Jewels and Jadeite auction in Hong Kong willfeature a rare Van Cleef & Arpels Zip necklace, one of only a few thejeweler made. The piece, which includes diamonds, sapphires and lapislazuli, is estimated at HKD 3.5 million to HKD 4.5 million ($446,4508 to$574,000). Wallis Simpson, the duchess of Windsor, initially suggestedthe design idea to Ren?(C)ePuissant, the co...Read More
RAPAPORT... The National Retail Federation (NRF) has forecast a strong risein US holiday sales, as a healthy economy outweighs tariff fears in the shortterm.Retail sales in November and December are expected toadvance 3.8% to 4.2% year on year, for a total of between $727.9 billion and$730.7 billion, the organization noted. The average increase over the past fiveyears was 3.7%, it added. "There is...Read More
(IDEX Online) - The National Retail Federation (NRF) is predicting holiday retail sales during November and December will increase between 3.8 percent and 4.2 percent over 2018 to a total of between $727.9 billion and $730.7 billion. This is just slightly above the average 3.7 percent increase seen over the past five years.NRF expects online and other non-store sales, which are included in the tot...Read More
RAPAPORT... Gem Diamonds has obtained a 10-year lease to continue miningat the lucrative Let??eng deposit in Lesotho, but will haveto pay a larger proportion of its sales proceeds to the government. The southern African kingdom has also given the miner an exclusive right to renew the lease for anadditional decade, the company said in a statement Friday. Gem Diamonds must pay 10% of diamond sa...Read More
(IDEX Online) - The mining lease for the Let?... ?eng mine in Lesotho has been renewed for 10 years, Gem Diamonds Ltd has announced. This is the maximum period allowed under the 2005 Mines and Minerals Act. Under the terms of the new lease, the royalty payable in respect of diamonds sold by Let?... ?eng has increased from 8 percent to 10 percent, effective immediately. Gem will continue...Read More
(IDEX Online) - Against the backdrop of ongoing pro-democracy protests, retail sales in Hong Kong registered the largest year-on-year decline on record. All aspects of trade have been hit with the jewelry, watch, clock and valuable gifts category seeing a massive 47 percent decline in August.Department stores sales fell 30 compared to a year ago with 30-80 percent of the city's stores closed...Read More
"We are thrilled to announce the winners of Most Sustainable Miner is @NewmontGoldcorp#NewmontGold's purpose is to create value and improve lives through #sustainable and responsible #mining. #MJAwards"Read full newsRead More
China National Petroleum Corp. came up against significant banking obstacles due to US sanctions pressure. Read full newsRead More
"$GLNG - Golar LNG: Read The Annual Report Before Investing. Read more and get updates on any stock! https://t.co/qqtHgF2WA6 #investing #finance #markets"Read full newsRead More
"U.K. Open Ended Investment Funds Just Became Less Attractive As A Result Of Regulatory Action. Read more and get updates on any stock! https://t.co/5KwWyXq8F0 #stockmarket #trading #stocks"Read full newsRead More
Russ Parker has been the CEO of Crater Gold Mining Limited (ASX:CGN) since 2015. First, this article will compare CEO...Read full newsRead More
Russ Parker has been the CEO of Crater Gold Mining Limited (ASX:CGN) since 2015. First, this article will compare CEO...Read full newsRead More