Gary Tanashian, NFTRHIf you hear one peep out of the gold community about a precious metals "take down", "attack" or any other such aggressive or war-like language you will then be hearing some old fashioned and promotional gold bug orthodoxy. Fortunately, a casual look around the Bug-o-Sphere does not yield too many obvious conspiracy theorists or importantly, cheerleaders.Indeed, it seems...Read More
By: Ira EpsteinGold stocks still in a bullish pattern too..Read More
The Three Big Issues and the 1930s AnalogueSurvival AdviceA Preview of Next WeekNew York and Houston"The best way out is always through." Robert Frost"History doesn't repeat itself, but it does rhyme."?Mark TwainIt will not shock you when I say we live in confusing times. Odd, seemingly inconsistent events and decisions don't bring the expected results. Once-reliable rules don't work...Read More
The silver shorts will get burnt to a crisp!Ted Butler interviewed by Lior Gantz on Wealth Research GroupSome of the topics in today's interview include:How deep does the manipulation go, and will it ever stop?JP Morgan's silent accumulation of gold & silver.OPPORTUNITY: Silver is severely undervalued against gold.Gold & silver are unnoticed and disrespected by the average person.For discussion on...Read More
Gold prices dropped Thursday, posting their largest one-day dollar loss in almost three years to settle at a two-week low. News that the U.S. and China agreed to work toward a fresh round of trade talks next month provided a boost to U.S. and global stock markets, and a stronger-than-expected private-sector employment data also helped to ease worries about a slowdown in the economy, damaging the m...Read More
Here are five Fastmarkets MB stories you might have missed on Friday September 6 that are worth another look.There was an air of optimism among copper participants attending a conference in the Chinese city of Qiqihar on Thursday September 5, with many there telling Fastmarkets they had heard deals and offers for copper cathode at higher levels than in recent weeks due to improving market fundamen...Read More
RAPAPORT... Alrosa's supervisory board will vote Monday on whether to close a subsidiary that controls two of its largest mines, bringing those deposits into its core business.The Russian miner owns a 97.5% stake in Alrosa-Nyurba, which holds the licenses for the Botuobinskaya and Nyurbinskaya pipes. Alrosa is looking to improve efficiencies through the move, as it already operates...Read More
RAPAPORT... Saks Fifth Avenue has debuted The Vault, a new floor thatwill feature pieces from luxury fine-jewelry and watch designers. The area, located on the retailer's lower level, willhighlight more than 25 brands, and one of the largest selection of men's watchesthe store has ever offered, Saks said last week. "We have created the ultimate luxury destination for highfine jewelry and wat...Read More
RAPAPORT... Bonhams will spotlight a 2.17-carat Van Cleef & Arpels bluediamond ring at its upcoming sale, estimating it will fetch $800,000 to $1.2million. The emerald-cut, fancy-intense-blue, VVS2-clarity diamond isaccented by round brilliant-cut diamonds. The piece, from a private collection,will lead the September 26 New York Jewels auction. Other pieces from the Van Cleef collection...Read More
RAPAPORT... The Women's Jewelry Association (WJA) has appointed JenniferMarkas as executive director, succeeding Bernadette Mack. Markas was previously in charge of sustainability reportingand communications at Tiffany & Co., and was an event leader in thejeweler's first employee resource group for women. She also founded and headeddevelopment for Damsels in Design, a networking organizat...Read More
LEAD | The remaining life of the only large-scale, active gold mine in the Black Hills is estimated to be seven years, so its owner plans to drill 125 holesRead full newsRead More
"Stocks have rebounded for two weeks without any real change in fundamental news. Despite market highs, there are many cheap stocks that will benefit from a change in sector emphasis. https://t.co/HSLzjiecjV #stocks #trade #investing #trading"Read full newsRead More
"Three more deaths linked to #vaping have been reported, bringing the total number of such #US deaths to five. What does this mean for $MO, $PM, $JUUL, and other #stocks? Subscribe to Seeking Alpha profile and get updates on every #stock in your portfolio. https://t.co/G4q6U1PRPa"Read full newsRead More
"Benjamin Lu, analyst at Phillip Futures: "Gold will remain vigorous over global recessionary fears, heightened geopolitical risks and dovish US monetary policy in Q3." https://t.co/n7IfXa8g0f @Phillip_Futures #gold #preciousmetals #investing"Read full newsRead More
The gold miners' stocks have grown very overbought after soaring dramatically higher in recent months. Blasting really far really fast has left this sector really stretched technically and sentimentally. Excessive gains and greed always soon lead to major corrective selloffs, which are necessary to restore balance. All bull markets, even the most powerful, flow and ebb. Big uplegs are inevitably f...Read More
All-time record-high gold prices are here. That means gold prices are the highest they have ever been. Gold prices are higher now than when the skilled craftsmen of the Varna Necropolis were making golden penis sheaths in 4,500 BC. They're higher now than when the banksters almost killed the global financial system 10 years ago. (And got golden parachutes, but no penis sheaths.)Yes, gold hit ne...Read More
The gold miners' stocks have grown very overbought after soaring dramatically higher in recent months. Blasting really far really fast has left this sector really stretched technically and sentimentally. Excessive gains and greed always soon lead to major corrective selloffs, which are necessary to restore balance. All bull markets, even the most powerful, flow and ebb. Big uplegs are inevitably f...Read More
The three-month aluminium price on the London Metal Exchange had risen at the close of trading on Monday September 9, reaching its highest level since July 31, while a steady uptick in nickel futures over the afternoon saw the metal regain support above the $18,000 per tonne threshold.Aluminium futures closed at $1,799 per tonne, maintaining upward momentum over the afternoon and trading in positi...Read More
Key data from the Monday August 9 pricing session in London and Shanghai. Fastmarkets' benchmark alumina index, fob Australia fell to $296.08 per tonne on Monday, down from $298.91 per tonne on September 6. The index is at its lowest since August 16 when it hit $296.06 per tonne and is down 25% from the start of 2019 when it was at $396.24 per tonne on January 2. Key drivers: ...Read More
Low spot copper concentrate treatment and refining charges (TC/RCs) cif Asia Pacific will not lead to production cuts at Chinese copper smelters this year because many signed favorable long contracts at the end of 2018 and smelters remain cash positive, according to analysts attending a copper conference in Qiqihar, China, on Friday September 6. But expectations of a continued downtrend in TC/RCs...Read More