By: Ira Epstein Read More
Bitcoin's sharp rally on Tuesday was being described by some as a 'mystery surge', but it is no mystery at all for anyone who has seen the film Night of the Living Dead. Buffs may recall that the movie's flesh-eating zombies were activated by radioactive contamination from an exploding space probe that had visited Venus. Although no similar explosion has been reported by NASA, it seems entirely...Read More
RAPAPORT... Sales at Signet Jewelers fell last year as demand tailed off during a disappointing holiday season. Same-store sales - at branches open for a year - slipped0.1% for the fiscal year ending February 2, while total revenue also declined 0.1%to $6.25 billion, the company said Wednesday.Sales at Kay fell 0.4% to $2.42 billion, with Jared declining 4.3% to $1.14billion. Revenue at...Read More
RAPAPORT... Dealers expressed optimism for the US diamond marketafter polished imports rose last year to their highest level since 2014.Shipments to the country jumped 8% to $23.3 billion in2018, according to the US Census Bureau, despite more modest growth in consumersales. That indicates the industry may be sending large quantities of goods tothe US in anticipation of future demand, traders...Read More
RAPAPORT... Jeremy Schwartz will leave his position as chief operatingofficer of Pandora after less than a year in the role, the jewelry retailersaid Tuesday. Schwartz joinedPandora in September, after its CEO, Anders Colding Friis, resigned. Since then, he hasbeen jointly managing the company with chief financial officer Anders Boyer. Alexander Lacik, whom Pandora hired as CEO in Februa...Read More
RAPAPORT... The US Federal Trade Commission (FTC) has sent letters toeight companies selling lab-grown or simulated diamonds, warning that theirmarketing violates the government's recently issued guidelines. In the letters, the FTC notes some of the companies'advertising may be deceptive to consumers, specifically in instances where themarketing implies a simulated diamond, such as cubic zirc...Read More
FTC staff sent eight letters to jewelry marketers warning them that some of their online advertisements of jewelry made with simulated or laboratory-created diamonds may deceive consumers, in violation of the FTC Act. The letters note that in July 2018, the FTC issued updated Guides for the Jewelry, Precious Metals, and Pewter Industries that provide marketers with information on how to make non-d...Read More
GIA announced changes to its laboratory-grown diamond grading report to align the report with recent revisions to the U.S. Federal Trade Commission (FTC) Jewelry Guides. Effective July 1, 2019, GIA will discontinue its [twelve-year old] GIA Synthetic Diamond Grading ReportTM and introduce the GIA Laboratory-Grown Diamond ReportTM. The GIA Laboratory-Grown Diamond Report will: include the standa...Read More
WASHINGTON/LONDON – The US Federal Trade Commission, which investigates allegations of deceptive advertising, said on Tuesday that it has sent warning letters to eight companies to insist that they distinguish in advertisements between diamonds that come from mines and those made in laboratories.The FTC said that it had found instances where the eight companies advertised diamond jewelry &q...Read More
GIA (The Gemological Institute of America) announced it will introduce the GIA Diamond Origin Report service which will confirm the country of origin of polished diamonds. To be eligible for this new service, the original rough diamonds and resulting polished diamonds must be submitted to GIA for analysis so that they can be matched to each other and to confirm the origin information provided by t...Read More
Three-month base metals prices on the London Metal Exchange were firmer during morning trading on Wednesday April 2, up by an average of 0.4% further evidence of a recovery in China's economy seems to be providing support. Nickel once again led the way with a 0.7% rise on Wednesday, with the metals three-month price recently quoted at $13,255 per tonne, up from Tuesdays clo...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 17 points in pre-opening trade. Index futures were responding to news that a trade agreement between China and the U.S. is "90% complete". The Shanghai Composite Index added another 1.24% to 3216.30.Index futures were virtually unchanged following release of the March ADP Private Employment report released at 8:15 AM E...Read More
After working 25, 30, 35 years, or longer, you might think that retirement will be a like a permanent vacation where you sit back with your feet up and watch the world whiz by. But it's not. Retiring is a life changer, it can be a shock to your system, and it's not all fun. In fact, it may actually be the toughest job you've ever had. That's because one of the biggest challenges you'll face for th...Read More
Have you received your tax refund yet?Chances are good that if you were owed a refund, your return has been delayed. The government shutdown caused the IRS to furlough workers during some of the most important weeks for processing tax returns. And it’s taking the agency time to catch up.So even if you were responsible and filed your tax return well ahead of the crowd, you may still be waitin...Read More
When the first humans settle on Mars, what if their homes were not built but printed?That's the question being posed in the latest NASA Centennial Challenge, pitting teams from industry and academia to design and 3D-print habitats using materials that can be found on the Martian surface."The great thing about 3D printing is trying to make it as autonomous as possible," said Grant McHargue, a senio...Read More
A Colorado School of Mines graduate student got an unique inside look at the World Economic Forum as a member of the team that produced the global organization's 2019 report on the energy transition. Steve Dahlke, a PhD candidate in the Mineral and Energy Economics program and a Payne Institute Research Fellow, was among the core team that produced "Fostering Effective Energy Transition 2019," wh...Read More
Results from 34 holes drilled at Osisko Metal's (TSXV: OM) Pine Point camp, on the south shore of Great Slave Lake in the Northwest Territories, intersected near surface, high-grade zinc and lead values.The holes were drilled in the project's East Mill Zone with highlights from EM-18-PP-226, which intersected 6.3% zinc and 6.6% lead over 8.8 metres for a lead-zinc equivalent grade of 13%, from 30...Read More
Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corp"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesCrisis averted.Read More
Check out the best highlight plays by Brandon Ingram from the Los Angeles Lakers | 2018-19 NBA Season?oe"?,? Subscribe, Like & Comment for More! ?oe"?,?---------??"? Follow our Instagram: https://goo.gl/Syw81B??"? Follow our Twitter: https://goo.gl/5aata7Read More
Jay introduces the guests and sponsors for the day's program and Michael Oliver shares his latest momentum insights on gold and other important markets.Read More