Gold stocks tend to become extraordinarily volatile during weeks that feature multiple key fear trade events.Continue...Read More
Jake Bernstein, founder of Weekly Capital Markets Report and Daily Sentiment Index, in conversation with Maurice Jackson of Proven and Probable, discusses lessons he has learned in over 50 years of trading. Maurice Jackson: Joining us for a conversation is Jake Bernstein, the founder of the Weekly Capital Markets Report and the Daily Sentiment Index. If you are an active participant in the natura...Read More
Technical analyst Clive Maund explains why he believes shares of this Golden Triangle explorer are at a good entry point. I consider Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) to be among the best in the Golden Triangle. Note that the seasonal speculative spikes that we are expecting in these stocks may not get underway until the late summer, so this is more about positioning at good prices ahe...Read More
Technical analyst Clive Maund charts this firm with exploration success in the Golden Triangle. Golden Ridge Hank ProjectGolden Ridge Resources Ltd. (GLDN:TSX.V), a company with a project in the Golden Triangle, is considered to be among the best in the district. Note that the seasonal speculative spikes that we are expecting in Golden Triangle stocks may not get underway until the late summer, s...Read More
Our proprietary price cycle tool is showing us that the Daily Gold cycles may dive a bit lower, possibly into the $1250 to $1265 level, over the next 3~7+ days before reaching an ultimate low. We’ve been covering the precious metals markets like hawks because of our proprietary price modeling tools that suggested the April 21~24 dates as an ultimate low/momentum base pattern. Thi...Read More
By: Jordan Roy-Byrne CMT, MFTAAs we know, Gold and the US Dollar have an inverse relationship. Gold is priced in US Dollars and the drivers of each are similar (from an inverse point of view). Over long-term periods both trend in the same direction but the magnitude of the moves can vary and be quite different. The standard inverse relationship has not been a perfect one in recent months or yea...Read More
- Stewart Thomson, Graceland Updates 1. Gold stocks tend to become extraordinarily volatile during weeks that feature multiple key fear trade events.2. As the month of May begins, gold stocks are faced with a FOMC meeting and the US jobs report.3. Please click here now. Double-click to enlarge this daily gold chart. 4. Gold itself is quite stable ahead of these key eve...Read More
By: Ira EpsteinGold near resistance area, back to neutral:Read More
"Hey Marin, we don't invest in gold companies for yield. We invest in gold stocks as a hedge to the overall markets. And for leverage on the price of gold."What a bunch of nonsense.Have you ever heard the phrase, "What a gold mine!"?That common, age-old expression was actually a positive reference to having something very valuable. Notably, a gold mine that paid its owners very well by producin...Read More
"Investors" could be pardoned for wondering why IPO underwriters for Lyft and Uber have used accounting trickery that smells worse than ten-day-old fish in order to promote the deals. Is bogus too strong a word? Judge for yourself. In their prospectuses, neither firm subtracted promotional incentives and refunds from sales totals, as is customary. This allowed them to grossly overstate revenues...Read More
RAPAPORT... The jewelry industry has a wide range of gender-disparityissues, including a discrepancy between how employers and employees viewequality in the workplace, a recent survey showed. Business owners expressed widely differing awareness than employees regarding nearly every gender-related workplace topic, according to the study conducted by the Women's Jewelry Association and MVI Mark...Read More
RAPAPORT... The Gemological Institute of America (GIA) will require customers to disclose key identification information as part of its new compliance program, it said Monday.Under the lab's Know Your Customer system, clients will need to confirm their identity and provide a proof of ownership of their companies. They will also be required to present identifying materials for any employees wh...Read More
RAPAPORT... Christie's New York auction will feature a 17.21-caratdiamond given to Queen Charlotte of Great Britain by a regional ruler in India.The pear-shaped, brilliant-cut diamond, called Arcot II, was found in India'sGolconda region in the late 18th century. The stone, presented to the queen by the Nawab of Arcot, will go under the hammerat the Maharajas & Mughal Magnificence sale on...Read More
(IDEX Online News) - Looking back at the previous months, there still was some movement - going up up here and dropping down there - in prices of diamonds under two carats. But in April, it seems the market simply had taken a step back and the sporadic price changes that occurred in rounds under two carats were mixed at best. Market commentators, however, like to point out that Apr...Read More
Alrosa, the world's largest diamond miner in volume, said it had generated $9.65 million from the sale of special sized diamonds (+10.8 carats) at its diamond auction in Vladivostok which took place on April 8-19. Alrosa hosted 29 companies from Belgium, India, Israel, the UAE, the USA, Hong Kong and Russia at the auction. A total of 150 diamonds with a total weight of 2481.9 carats were off...Read More
The Women's Jewelry Association's Gender Equality Project released the results of its first survey, which asked members of the gem, jewelry and watch industries to comment on workplace practices where gender could be a factor. WJA engaged MVI Marketing, a trade and consumer research company that works exclusively for the gem, jewelry and watch industries, to assist in designing a questi...Read More
Ans Anthonis, HRD Antwerp Chief Officer Diamond Lab & Research, will be presenting the impact of laboratory grown diamonds (LGDs) on the current market during a panel discussion to be held during the GemGeneve trade fair, on Thursday 9 May 2019, at 18:00. GemGeneve is held May 9 to 12, 2019. The lab will also host a daily workshop to teach show visitors more about HRD's latest range of eq...Read More
Evgeny Agureev, director of the United Selling Organization of Alrosa, the world's leading rough diamond producer, told the Indian Express that it had "initiated a rupee-rouble payment mechanism with its Indian clients" and already had run a payment pilot with a handful of its Indian clients. The newspaper also wrote that "Alrosa is increasing its marketing spend in India as it attempts to ca...Read More
The Antwerp World Diamond Centre (AWDC), the umbrella organization of the Antwerp diamond industry, published its second sustainability report. The report, the AWDC says, is an "integrated report that does not shy away from thorny issues such as 'reputation,' 'integrity in the diamond value chain' and 'compliance in the diamond industry.' Furthermore, with this report...Read More
Price weakness contained for now Base metal prices have been slipping in recent weeks. Given that the whole group is suffering, the drivers are likely to be broad and macro-related rather than metal-specific. Since speculative positioning is neutral and recent price weakness has not irreversibly damaged the technical picture, the complex could turn higher again on the back of dollar weakness, furt...Read More