China continues to be a major player in the global gold rush, increasing its gold reserves for two months in a row Continue...Read More

This company's multiphase drill program continues to meet objectives. Avrupa Minerals Ltd. (AVU:TSX.V; AVPMF:OTC: 8AM:FSE) announced in a news release it has finished drilling the seventh phase, or six holes totaling 2,498 meters, at Sesmarias, on the Alvalade license, in Portugal. According to the company, "the program continues to be highly successful, accomplishing goals of better technical u...Read More

Precious metals expert Michael Ballanger discusses COT reports, the Fed, the dollar and gold.Over the years, you have all read my rants and ravings (as well as those of many other learned scribes) on the issue of government-sponsored and regulatory-sanctioned bullion bank interference in the gold and silver markets. What back in the 1970s was deemed "rank speculation" and "conspiracy theory nonsen...Read More

Gold stocks have to do more to confirm they are in a new bull market.Sure, they’ve surged above key moving average resistance and breadth has improved. However, the gold stocks have not yet broken the pattern of lower highs and breadth, while improved, is not at bull market levels yet. Let’s review where things currently stand. In recent weeks GDX and GDXJ surged above the critical 400...Read More

Both the WGC and LBMA published outlooks for the global economy and gold market in 2019. Who is right? WGC’s Outlook for Gold in 2019Let’s start from the World Gold Council (WGC) which published its 2019 outlook on January 10th. As befits the organization representing industry’s interests, the WGC is bullish on gold prices. No surprises here. According to the institution, the fol...Read More

On January 28, 2019, our research team issued a research post indicating we believed that Precious Metals would rotate lower over the next 45+ days in preparation for a momentum base/breakout that would initiate sometime near the end of April or early May. Recent price weakness in Gold has begun to confirm our analysis and we believe this price weakness will continue for the next 2~4 weeks while t...Read More

COT SPECIAL PUBLICATION SCHEDULE Reminder -- Due to the U.S. Government Shutdown (February 1 Announcement) The last COT report was published on December 21, 2018. Reports going forward from that date will be published in chronological order beginning with the report previously scheduled for release on Friday, December 28, 2018 (based on data from Monday, December 24, 2018). The CFTC publ...Read More

Gold mining is one of the very oldest human occupations. The earliest known underground gold mine, in what is now the country of Georgia, dates back at least 5,000 years, when people were just starting to develop written language.Over the centuries, a number of innovations have emerged that disrupted and forever changed how we explore and mine for gold and other metals. Think dynamite, or the st...Read More

By: Dave KranzlerI get a kick out of these billionaires and centimillionaires, like Kyle Bass yesterday, who appear on financial television to look the viewer in the eye and tell them that economy is booming. Kyle Bass doesn't expect a mild recession until mid-2020. Hmmm - explain that rationale to the 78%+ households who are living paycheck to paycheck, bloated with a record level of debt an...Read More

By: Ira EpsteinGold down into important support zone -- Hope for the gold bears ..."April Gold Chart, lower highs and lower lows, down towards the support: $1306.50 area"Read More

By: Clint SiegnerThe battle to end taxation of constitutional money has reached the federal level as U.S. Representative Alex Mooney (R-WV) today re-introduced sound money legislation to remove all federal income taxation from gold and silver coins and bullion.The Monetary Metals Tax Neutrality Act (H.R. 1089) backed by the Sound Money Defense League and free-market activists - would clarify t...Read More

Dear Friend of GATA and Gold:While the law firm superintending the Canadian class-action lawsuit against gold and silver market rigging doesn't seem interested in communicating to the public about the case, GATA is reliably informed that the settlement agreement with Deutsche Bank reported today --http://www.gata.org/node/18857-- is not the end of the case.The lawsuit continues against eight oth...Read More

USA is coercing every nation not to use Huawei5G or any of Huawei telecom gear. USA is now using the threat of trade sanctions on nations using or intend to use Huawei telecom gear. This will be short term bullish for US dollar but in the long term it will sink the US dollar. I will prefer to accumulate more and more physical gold on dips. Better to increase portfolio allocation to hard assets n...Read More

RAPAPORT... Kering recorded robust sales in its jewelry-and-watchdivision in 2018, amid growing demand for its products in Asia.Jewelry sales rose 7% to EUR 18 billion ($20.33 billion) at the French luxury group, which owns Boucheron, Pomellato and Qeelin. Timepiece sales remained solid, it added."The jewelry houses turned in a solid performance, and sales of the watches brands advanced for t...Read More

RAPAPORT... US consumers plan to spend $20.7 billion on gifts this Valentine'sDay, with jewelry topping the list at $3.9 billion, according to the National Retail Federation (NRF). An NRF survey showed a 6%rise in the amount consumers intended to lay out on their loved ones over Valentine's Day. The growth comes despite a decrease in the number of consumerscelebrating the holiday this year, t...Read More

RAPAPORT... Firestone Diamonds has unearthed a 70-carat white rough stone fromits Liqhobong mine in Lesotho. "The 70-carat stone was recovered in the northern, low-gradepart of the pit, where the bulk of our mining will take place in the comingmonths," Firestone CEO Paul Bosma said Tuesday. The stone - which was removed undamaged - follows the miner'sdiscovery of a 46-carat white diamond in...Read More

RAPAPORT... Alrosa's sales fell in January amid market weakness, the miner said Tuesday. Proceeds decreased 44% year on year to $281.5 million.Rough-diamond sales dropped by the same percentage to $278.2 million, while polished revenue slid38% to $3.4 million, according to Rapaport calculations. "In January, market activity was lower than usual," said Alrosa deputy CEO Yury Okoemov. "Sales i...Read More

RAPAPORT... The World Federation of Diamond Bourses (WFDB) has agreed tohelp promote business for the Korea Diamond Exchange (KDE). The trade bodies signed a cooperation agreement inJohannesburg, South Africa, last week, with the WFDB committing to assist thebourse in lobbying the South Korean government on matters relating to thediamond trade. The trade bodies will work together to build up...Read More

(IDEX Online) - The Indian Diamond & Colorstone Association, an association of jewelers, diamantaires and colored stone dealers, hosted its 35th Annual Tucson Gala on February 7.   IDCA President Nilesh Sheth reminded his audience that the diamond, gem and jewelry industry had faced many disruptive changes, but that that the key challenge is to adapt and work around these changes. "Our I...Read More

(IDEX Online) - Recent research has indicated that the slowing Chinese economy has not stopped consumers from buying luxury items.   However, instead of spending their money in boutiques overseas, consumers are increasingly buying their luxury goods in shopping malls at home.   LVMH, which markets brands such as Louis Vuitton and Hennessy, registered higher sales in China in the fourth...Read More