The Critical Investor profiles a company that he believes is "one of the more remarkable gold exploration stories around." Former Idaho-Maryland Mine, Nevada County, California1. IntroductionAfter a year which saw not a lot of enthusiasm in the mining sector to put it mildly, topped off by a resulting brutal tax loss selling season, sentiment for mining and gold in particular seems to be recoveri...Read More
Last week we discussed the difference between a rally and bull market. Gold stocks have been in a rally. That rally is now over as gold stocks peaked at their 400-day moving averages days ago and sliced through their 200-day moving averages Friday.Take a look at the charts of any gold stock index (GDX, GDXJ, HUI) and it’s clear they are in a downtrend. Go back two to three years. You’l...Read More
Having watched Van Helsing I thought "There must be a way to work this stuff into chart analysis" and there is, for tomorrow night there is a "Super Blood Wolf Moon Eclipse" which might synchronize with a reversal in the markets. Before you burst out laughing, I point out that it is an established fact that reversals in the Precious Metals often synchronize with full and new moons, and whether t...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanChief Strategist, Enriched Investing Inc.Phone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.comTwitter: @Davcha12January 21, 2019"Sometimes the best investments are the ones you don't make" Donald Trump, 45th U.S. president, real estate mogul, entrepreneur, b. 1946, Trump: How to Get Rich (2004) "The whole problem...Read More
By Gary TanashianAs in January of 2013 (ahead of an economic up cycle) and Q4 2017-Q1 2018 (ahead of an economic ripple that began in 2018) the Semiconductor sector and in particular its Semi Equipment sub-sector are front and center in forming our analysis about coming events. Excerpted from the January 20th edition of Notes From the Rabbit Hole, NFTRH 535...Semiconductor Sector - Watch the Ear...Read More
By John MauldinDemand Pulled ForwardJob JittersCredit IntensityRushing the ProcessAn Insane Travel ScheduleThe production of souls is more important than the production of tanks.... And therefore I raise my glass to you, writers, the engineers of the human soul.Joseph Stalin, 1932[Our purpose is] to ensure that literature and art fit well into the whole revolutionary machine as a component part,...Read More
Dear Friend of GATA and Gold:Barron's this week has a surprisingly favorable report about the prospects for the gold price and gold miners in light of the recent Newmont-Goldcorp and Barrick-Randgold combinations. But the report repeats without question the worst misinformation about the gold price, quoting a fund manager as saying gold is attractive because "it's an alternative currency whose s...Read More
By Jordan Roy-Byrne CMT, MFTA Last week we discussed the difference between a rally and bull market. Gold stocks have been in a rally. That rally is now over as gold stocks peaked at their 400-day moving averages days ago and sliced through their 200-day moving averages Friday. Take a look at the charts of any gold stock index (GDX, GDXJ, HUI) and it's clear they are in a downtrend. Go b...Read More
By Steve St. AngeloThe U.S. Shale Oil Industry has been a financial trainwreck since day one. And, with nearly $300 billion in public and private debt racked up by the shale industry since its inception, that hasn't stopped investors from throwing good money after bad to continue the biggest energy Ponzi scheme in history.Unfortunately, the worst is still yet to come because the industry hasn...Read More
David says that low-premium silver has become extremely scarce in the marketplace. Here's an important update from David...by David Morgan of The Morgan ReportRetail Silver In Tight Supply? - https://www.themorganreport.com/join If you are looking for Retail Silver In Tight Supply?, then watch this video to learn everything you need to know about Retail Silver In Tight Supply? Read More
RAPAPORT... Belgium's diamond industry has urged companies to preparefor the possibility of the UK leaving the European Union (EU) without a customsdeal.Trading between the EU and the UK will be subject to customschecks if the two parties fail to finalize an agreement before the split, whichis scheduled for March 29. In that scenario, known as a "no-deal" or "hard"Brexit, organizations would...Read More
RAPAPORT... India's polished exports fell in December, according to datafrom the Gem & Jewellery Export Promotion Council (GJEPC). However, shipmentsfor the full year increased amid a higher average price, while volume dropped. Thisreflects traders' shift toward larger goods amid weakness in the small-stone sector.India Trade Data for December 2018 $ Millions unless stated otherwiseRead More
RAPAPORT... Three industry members have found homes in executivepositions at Jewelers' Security Alliance (JSA), Jewelers Mutual Insurance Group and RoyalAsscher. Steven Kaiser was elected chairperson of the JSA board,replacing Stewart Wicht, the recently retired CEO of Rolex Watch USA, whocompleted his term. Kaiser will serve a three-year term alongside other boardmembers, including Alan Zimmer o...Read More
(IDEX Online) - ALROSA raised total revenue of $463 million last year at the 32 international auctions it held for special size (over 10.8 carats) rough diamonds. The company traditionally holds auctions in six countries: Russia, Belgium, Israel, Hong Kong, the United Arab Emirates and the United States. The largest number of auctions in 2018 was held in Moscow, with 11, while another four...Read More
(IDEX Online) - The Royal Asscher Diamond Company said that Helen Dimmick will be working closely with the Asscher family, Royal Asscher's international marketing team, future retailers and suppliers in order to develop market relevant sales, products and training for UK retail jewelers. "The intention in creating these materials is to bolster retailer confidence, attract customers and inj...Read More
(IDEX Online) - Bonas-Couzyn NV and International Mining and Dredging Holdings (Pty) Ltd (IMDH) announced that from February they will be offering IMDH's Namibian marine-mined rough diamonds for sale in Bonas-Couzyn's Antwerp offices. IMDH is involved in offshore exploration, dredging and marine mining as well as specialized vessel & tool design. Its Namibian subsidiary, Nutam Operation...Read More
(IDEX Online) - ALROSA has appointed Rebecca Foerster as President ALROSA USA Inc. Previously, she served as Executive Vice President of Strategic Planning and Marketing at New York's Leo Schachter Diamonds, one of the largest diamond suppliers in the United States. Foerster will be involved in all aspects of the work of ALROSA'S USA office in New York. Principally, she wi...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25Sandfire said it had written to MOD to express its interest in a potential combination, but said any such transaction would be conditional on due diligence and the recommendation of MOD's board.Read More
WITH YOUR HOST, MARK LEIBOVIT SATURDAY, JANUARY 19, 1019SPECIAL GUESTS: DON VIALOUX, HARRY BOXER, HENRY WEINGARTEN AND SINCLAIR NOEhttps://tinyurl.com/yb5328r9 Excerpts from Don Vialoux' comments on Wall Street RawThe bear market rally in North American equity markets continued last week. The current rally has lasted four weeks. During this time the TSX Composite Index added 11.1%, the S&...Read More
Despite weak Chinese gross domestic product (GDP) data that showed fourth quarter 2018 growth of 6.4%, after 6.5% in the prior quarter, the three-month base metals prices on the London Metal Exchange were for the most part holding up relatively well on Monday January 21, with prices just off slightly. The complex posted an average loss of 0.2%, with copper showing the largest reaction; the th...Read More