* Thanks for supporting the show!Download - MP3HighlightsDr. Paul Craig Roberts of the Institute for Political Economy, author of several best-selling tomes, rejoins the show with his latest economic insights. Our guest notes the Fed's decision to slash rates this week and the implications for PMs aficionados. The domestic total debt outstanding concerns our guest, especially the Fed's b...Read More

You Think the Fed Is One and Done?Awash in DebtInvestment Grade ZombiesSelling Under PressureFalling Apart QuicklyNavigating the Waters AheadNew York, Maine, New York, and MontanaOne reason the economy is so fascinating is the way things just... happen. Growth blossoms if everyone just follows their own incentives and nothing gets in the way. The courage, vision and passion of entrepreneurs and...Read More

Gold's haven appeal lifted prices for the precious metal Friday to their highest finish in more than six years, a day after President Donald Trump intensified a trade fight with China by announcing additional tariffs on Chinese goods. Gold for December delivery GCZ19, -0.12% on Comex rose $25.10, or 1.8%, to settle at $1,457.50 an ounce-the highest most-active contract finish since May 9, 2013, a...Read More

Chris Vermeulen says gold & silver are setting-up to be some of the best trades he's seen in a very long time... by Chris Vermeulen of The Technical TradersOn July 31, 2019, the US Federal Reserve decreased the Federal Funds Rate (FFR) by 25 basis points. We believe the US Fed was pushed to take this action for three reasons that are directly related to the fear and greed that is abundant in th...Read More

Here are five Fastmarkets MB stories you might have missed on Friday August 2 that are worth another look.Three-month base metals prices on the London Metal Exchange were predominantly weaker at the close of trading on Friday August 2. The downturn was largely prompted by fresh tariff threats against China by United States President Donald Trump that sparked caution among investors and prompt...Read More

Gold didn't see a bullish price reaction to the U.S. Federal Reserve's decision to cut key interest rates for the first time in a decade, but that doesn't come as a big surprise and gold still has lots of reasons to climb. Indeed, after gold futures settled lower Thursday, prices for the metal rallied past $1,450 an ounce in electronic trade to levels not seen since 2013 when U.S. President Donald...Read More

Gold didn't see a bullish price reaction to the U.S. Federal Reserve's decision to cut key interest rates for the first time in a decade, but that doesn't come as a big surprise and gold still has lots of reasons to climb. Indeed, after gold futures settled lower Thursday, prices for the metal rallied past $1,450 an ounce in electronic trade to levels not seen since 2013 when U.S. President Donald...Read More

Gold futures settled with loss on Thursday after a Federal Reserve rate cut failed to stem strength in the U.S. dollar Prices for the metal, however, climbed in electronic trading Thursday afternoon, as U.S. President Donald Trump's latest threat of additional tariffs on Chinese goods lifted demand for the haven metal. In a tweet, Trump said that "trade talks are continuing, and during talks the U...Read More

RAPAPORT... Pandora is set to unveil a total overhaul of its branding, as its aims to reengage with consumers following consistently disappointing sales.The Danish jewelry retailer will launch a new "company purpose, brand expression and visual identity," while introducing a revamped store design, online shops, and design collaborations with global franchises, it said last week. The company w...Read More

RAPAPORT... India's polished-diamond exports slid 13% in the first six monthsof the year, reaching their lowest level since a market slump in the secondhalf of 2015. The drop reflected a slowdown in the trading and manufacturingsectors, resulting from weak liquidity and profitability. Rough and polishedtrading also fell significantly in June, according to data from the Gem &Jewellery Export Pr...Read More

RAPAPORT... Jewelers of America (JA) has elected Holly Wesche, athird-generation jeweler, to head its board of directors. Wesche, who is the owner of Wesche Jewelers in Florida, willsucceed outgoing chair John Henne, the organization said last week. She waspreviously president of the Florida Jewelers Association, speaker for theJewelers Education Foundation, and vice chair of the Leading...Read More

RAPAPORT... Tango Mining plans to dispose of its South African coalbusiness to focus on its diamond operations, amid "continued operational success" at its Oena mine, the company said. Kevin Gallagher, a director of Tango, will purchase theminer's 74% interest in Kwena Group, which holds its three ongoing coal projects. Aspayment, Gallagher will return nearly 40 million shares of common stock...Read More

RAPAPORT... Retail sales of jewelry and other luxury items fell sharplyin Hong Kong in June amid increasingly cautious consumer sentiment and aslowdown in tourism. Revenue from jewelry, watches, clocks and other valuablegifts dropped 17% year on year to HKD 5.75 billion ($734.4 million), themunicipality's Census and Statistics Department reported last week. Sales inall retail categories slipp...Read More

The World Gold Council reported that central bank buying and healthy ETF inflows were the driving forces behind gold demand throughout the first half of 2019. Growth during the first half in jewelry demand was largely the product of a more positive environment for Indian consumers. Shifts in bar and coin investment were very much price-related: as the gold price powered its way to multi-year highs...Read More

The Fancy Color Research Foundation (FCRF) reported that for the second quarter of the year the Fancy Color Diamond Index (FCDI) indicated a decrease of 0.1 percent in overall prices of fancy color diamonds. Pink diamonds continued to rise, while prices of blues and yellows declined. Comparing this quarter to the corresponding quarter in 2018, Pink diamonds showed an upturn of 0.4 percent in for t...Read More

Sometimes, a vacationing tip pays off in a big way. Josh Lanik, a 36-year-old schoolteacher from Hebron, Nebraska, recently visited Crater of Diamonds State Park on a family vacation. After spending about two hours searching for diamonds on July 24, Lanik left with a brandy-colored gem weighing just over two carats. According to Lanik, he was searching near the southwest edge of the park's 37...Read More

Reuters reported that Zimbabwe will repeal its indigenisation and economic empowerment legislation dealing with ownership of foreign-controlled companies and replace it with a new empowerment law, Finance Minister Mthuli Ncube said on Thursday. In an address to the Zimbabwean parliament, Minister Ncube said foreign investors can now take majority stakes in the platinum and diamond sectors. It shou...Read More

Jewelers of America (JA), the USA's leading national jewelry trade association elected Holly Wesche, owner of Wesche Jewelers in Melbourne, FL, as Board Chair. She succeeds John Henne, of Henne Jewelers in Pittsburgh, PA. Wesche was elected on July 30, 2019 at Jewelers of America's Board meeting that also welcomed new Directors. "Holly Wesche has already made tremendous contributions to...Read More

Thickened tailings deposition for closureSPONSOREDsrk consultingNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumSaturn's high-grade discovery gives Apollo Hill a rocketSPONSOREDsaturn metalsOxfam's report, 'Buried Treasure', upon which the article is based, argues that Australia sh...Read More

SINGAPORE / ACCESSWIRE / August 1, 2019 / Singapore-based fintech GoldFinX has released details in a document for press analysis of its first potential deal, thus kick-starting a steady flow of what should be many more similar initiatives in the 2nd half of 2019.This report highlights its commitmentRead full newsRead More