It's important to understand Gold's fundamentals as it will help us confirm a new bull market.To this point, Gold's rallies have failed to make higher highs and higher lows because, although there has been improvement in fundamentals, the fundamentals have not turned bullish yet.The technical trigger will be Gold and gold stock outperformance of the stock market which will likely precede the fun...Read More
Buyers showed bold tenacity Monday, holding the broad averages steady until an extremely volatile Boeing righted itself. The stock, cherished above all others by its institutional sponsors, came under heavy pressure overnight on news that a 737 had gone down in Ethiopia, killing all 157 aboard. This was the second fatal crash of this aircraft in five months, and it triggered a stampede out of Bo...Read More
Drawing on the work of Robert Lambourne, GATA's consultant on the Bank for International Settlements, the TF Metals Report's Craig Hemke notes at Sprott Money today that the recent monthly gold swapping reported by the Bank for International Settlements corresponds almost precisely with the simultaneous draining of gold inventory from the exchange-traded fund GLD.Lambourne reported last week tha...Read More
Gold fell after inability to break past $1300. There should be good investment demand in gold for the rest of March. I prefer higher allocation to physical gold in one's portfolio. Silver continues to remain undervalued. Saudi's are taken world to a ransom as they do not want crude oil price to fall. They are doing everything to ensure that Brent crude oil trades over $60 per barrel. Asian sum...Read More
Fission is hard at work on the feasibility study for mining the Triple R uranium deposit in Saskatchewan. (Image: Fission Uranium)SASKATCHEWAN - Fission Uranium of Kelowna, B.C., is pleased with the results from three holes of its winter work program at the Patterson Lake South uranium property in the Athabasca Basin. The holes were dual purpose: to expand resources outside the modeled high grad...Read More
RAPAPORT... Eurostar Diamond Traders could be forced to file for bankruptcy soon, aftera Belgian court rejected its reorganization plan.The large Antwerp-based manufacturer, which owes anestimated $500 million, is no longer considered a financially viable business after losing its DeBeers sight, Belgian newspaper De Tijd reported Saturday.The Antwerp Court of Appeal turned down its request for pro...Read More
RAPAPORT... US retail sales bounced back at the beginning of 2019 after surprisingly slow figures during the December holiday period. Total purchases, excluding automobiles, gasoline andrestaurants, rose 3.6% year on year in January, according to data the NationalRetail Federation (NRF) reported. The three-month average for theNovember-to-January period was up 2.7% versus a year ago. Retail sales...Read More
RAPAPORT... The massive project by the Diamond Producers Association(DPA) and Signet Jewelers to test and review 18 synthetic-diamond detectors hasraised an important question: What should you look for in such a machine? Accuracy is, of course, a major part of the equation(alongside speed, price and usability), but it isn't a clear-cut issue. The firstset of results from the DPA and Signet's Assur...Read More
The luxury sector in the West is worried about the Chinese. The steady flow Chinese tourist to Europe, Japan and other western destinations is drying up and fears are, it will die down to a trickle.The luxury sector's concerns are real. Chinese consumers, Bain & Co. says, generated a third of global luxury sales in 2017 - and mostly outside China's border.It started with the Chinese government...Read More
The Asian Institute of Gemological Sciences (AIGS) plans to boost cooperation in gemological education with Chinese institutions. AIGS Chairman Kennedy Ho met with Shunyu Hou, President of GTC - Guangdong Gemstones & Precious Metals Testing Center, in Guangdong on February 27, and agreed to further collaboration in educational projects and in gemstone testing. "At AIGS, we plan to roll out man...Read More
The Angolan diamond mining company Catoca Ltd Mining Co, a joint venture of the Russian diamond miner ALROSA and Angola's state-run diamond mining company Endiama reported that they have taken significant steps toward improving the quality of Catoca's corporate governance. A number of new entities will be established: The Supervisory and Fiscal Councils will control, approve and finalize contracts...Read More
CIBJO, the World Jewellery Confederation, has released a simplified guide to ethical and responsible practices in the handling and trading of diamonds, coloured gemstones, pearls and coral, and has made it available for downloading in PDF format from the CIBJO website, in multiple languages, free of charge.The 10-page to 13-page document, depending on the language in which it is downloaded, provid...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corp"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftAmong the highlights, it reported 28.95m at 0.48% copper, 0.77g/t go...Read More
Waiting...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.Su...Read More
LME aluminium price down 1.8% week-on-week...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 issu...Read More
Aluminium The LME three-month aluminium price led 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...Read More
Copper’s rally tested by weak macro...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...Read More
Lead following the other 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 a...Read More
LME stock drawdown breaking multi-year records... Stock trends...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 down...Read More
Tin hit by a negative fundamental...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...Read More