U.S. markets have had a bad week. After reaching all-time highs recently - the Dow at 26,656.39 on April 23 (not quite new high), the S&P 500 at 2,945.83 on April 30, and the Nasdaq Continue...Read More
"To end homelessness, we have to recognize our common humanity. The #DearNeighborLA murals send a strong message of support for housing homeless Angelenos. The first mural Continue...Read More
The consensus is Bob Moriarty's book imparts valuable knowledge and can save investors from making costly mistakes. Bob Moriarty, veteran resource investor and founder of 321 Gold and 321 Energy, is known for speaking his mind, something that he does on his websites and in his books.His latest book, "Basic Investing in Resource Stocks: The Idiot's Guide," has made Amazon's best seller list for c...Read More
The roller coaster presidency of Donald Trump is currently riding high as thestock market races back up to new highs, economic data come in better thanexpected, and Congressional Democrats’ endless investigations come up emptyhanded.Trump’s approval rating recently hit 50% at the same time asCNN’s ratings are tanking.Over the weekend, President Trump sent CNNand the rest of the &...Read More
Crude oil has had an eventful session yesterday. It has closed the opening gap and the bulls have been building upon their gains till the session’s close. Earlier today however, the price appears to be rolling over and heading south. Is all hope for higher oil lost? The bulls have shown to be quite tireless. Can they pull a rabbit out of their hats shortly?Let’s take a closer look at t...Read More
Dave KranzlerThe National Association of Realtors (NAR - existing home sales reports) and the Census Bureau (new home sales reports) report monthly sales on a "seasonally adjusted annualized rate" basis (SAAR). Notwithstanding the reliability - or lack thereof - of the "seasonal adjustments," it would seem absurd to report monthly home sales on an annualized rate basis.To the extent the NAR and...Read More
Stewart Thomson, Graceland Updates 1. There has been an uptick in market risk over the past couple of weeks, and that's being reflected in dollar-yen and dollar-gold. 2. Please click here now. Double-click to enlarge this dollar versus yen chart.3. The 109.50 area on this chart is quite important for gold investors. If the dollar falls under that price zone, gold is likely...Read More
This week's 900-point selloff is technically very similar to the 1000-pointer that occurred between February 25 and March 11. Both exceeded two prior lows on the daily chart, generating bearish 'impulse legs' in the process. Now, even if the Dow should recover much or most of it in the days ahead, it would not change the troubling fact that two diving feints occurred within such a short time spa...Read More
Stock bump should be very bullish for gold. I write once again that short covering and subsequent long position building will be there if gold manages to trade over $1292. If gold rises till Monday close, then I am very confident of a $1310 and $1330. Rise and fall both will be big. Silver will lag gold but will rise if supported by gold. Two big crude oil consuming nations India and China hav...Read More
Dealers preparing for Las Vegas shows hoping steadyUS retail market will stimulate diamond trading. Rising expectations forGemGen??ve fair amid positive luxury demand. Good opportunities for high-endbuyers after 3 to 5 ct. prices dropped significantly (3 ct. RAPI -6.1% sinceJan. 1). Rough trading cautious with high auction prices and tightmanufacturing profits. Sightholders anticipate stable price...Read More
Sentiment weak due to reduced bank credit and fewerorders than usual. Market dynamic driven by supply rather than demand. Manufacturersreducing capacity. Steady interest in 0.70 to 1.50 ct., G-J, SIs. Stable gold jewelrymarket for May 7 Akshaya Tritiya festival. RoundRead More
RAPAPORT... Hong Kong-based jeweler Chow Tai Fook has launched abusiness hub in Boston that will supply products and services to US retailers. Chow Tai Fook North America (CTFNA) will operate as awholesaler, offering customized diamond and jewelry collections, the companysaid Wednesday. It will also house Chow Tai Fook's existing jewelry brands,Hearts on Fire and M?(C)moire. Caryl Capeci, presiden...Read More
RAPAPORT... Alrosa has sold a number of its non-diamond-relatedbusinesses in an effort to consolidate operations and focus on its diamondassets, it said Tuesday. During the first quarter, the Russia-based miner disposed of21 assets, including subsidiary equity stakes and real estate totaling RUB 1.24billion ($19 million). The most significant of those was JSC Golubaya Volna health resort,whic...Read More
RAPAPORT... The movie What Women Want was on to something when itcame out nearly 20 years ago. In it, a hotshot playboy and advertisingexecutive wakes up from an accident with the ability to read women's minds. Atfirst, he sees this as a curse, but his female psychiatrist convinces him thathis gift could help his career: "If men are from Mars and women are from Venus,and you can speak Venusian, th...Read More
White Gold Corp a force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corpWill Indonesia abandon its plan to ban bauxite exports?SPONSOREDverisk maplecroftQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumAltech ticks boxes on path to production SPONSOREDaltech chemicalsThe Mongolian parliamentary working group had last month reportedly recommended on...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipWhite Gold Corp a force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corpWill Indonesia abandon its plan to ban bauxite exports?SPONSOREDverisk maplecroftResults included 37.6m grading 2.03% copper, 0.19g/t gold, 9.88g/t silver, 0.36% zinc, and 0.01% cobalt...Read More
Metals...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.Sub...Read More
Price revisits January 2017 low The...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as so...Read More
Aluminium The LME three-month aluminium price closed on...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus downlo...Read More
Tight supply, but disappointing demand Although...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest...Read More