CloseGain/LossGold $1291.80-$1.50Silver$15.53-$0.06XAU69.53-0.01%HUI153.79+0.06%GDM578.47+0.31%JSE Gold1353.59+32.94USD96.05-0.02Euro113.91-0.05Yen91.77-0.17Oil$52.07-$0.2410-Year2.746%+0.025T-Bond145.1875-0.28125Dow24370.10+0.67%Nasdaq7084.46+0.71%S&P2635.96+0.76%  The Metals: Gold chopped between $1291.40 and $1295.00 in Asia before it dipped to $1288.90 by midmorning in...Read More

71 days. That’s all that separates us from the Brexitdeadline. And the UK has still no clear path forward exiting the EU. Does goldhave one? Today's analysis features possible scenarios for theUK and for gold along with their likelihood. In the current politicalsituation, it's a must-read.Parliament RejectsMay’s Brexit DealOn Tuesday, the UK Parliament voted on Theresa May’sBrexi...Read More

 CloseGain/LossGold $1291.80-$1.50Silver$15.53-$0.06XAU69.53-0.01%HUI153.79+0.06%GDM578.47+0.31%JSE Gold1353.59+32.94USD96.05-0.02Euro113.91-0.05Yen91.77-0.17Oil$52.07-$0.2410-Year2.746%+0.025T-Bond145.1875-0.28125Dow24370.10+0.67%Nasdaq7084.46+0.71%S&P2635.96+0.76%  The Metals: Gold chopped between $1291.40 and $1295.00 in Asia before it dipped to $1288.90 by midmorning in...Read More

By Ira EpsteinGold looks poised to breakout to the upside. Silver fell to key support today.https://www.iraepstein.com/ Read More

By Stefan GleasonNever in our lifetimes has American politics been so marked by division and dysfunction.The longest partial government shutdown in history occurred after the Democrat-controlled Congress wouldn't compromise with President Trump on a border wall. The impasse is but one symptom of a deeper malady - one that threatens to wreak wider social and financial instability in the years ahe...Read More

By Dave KranzlerThe post-Christmas stock rally extended through Wednesday as the small-cap and tech stocks led the way, with the Russell 2000 up 14.3% and the Nasdaq up 12.5%. The SPX and Dow are up 10.4% and 10.1% respectively. During the stretch between December 26th and January 17th, the Russell 2000 index experienced only two down days.Make no mistake, this is primarily a vicious short-cover...Read More

Cheyenne, Wyoming (January 17, 2019) - A group of Wyoming legislators have introduced three bills this week to de-risk the state's financial holdings with modest allocations to physical gold and silver in the state's pension fund, reserve fund, and mineral trust fund.Introduced by Representative Roy Edwards (R-Gillette) and co-sponsored by 15 others, the Wyoming Sound Money Trust Act (HB 174) em...Read More

As part of Merk's in-house research we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized click-bait. In sharing this content, we offer a cross-check to your own thinking and aim to add value to your own...Read More

By David Haggith In a surprisingly candid admission, two former Federal Reserve chairs have stated that the Federal Reserve alone is responsible for creating all recessions in the United States.First, former Fed Chair Ben Bernanke said thatExpansions don't die of old age. They get murdered.MarketWatchTo clarify this statement, former Chair Janet Yellen placed the murder weapon in the Fed's hands...Read More

71 days. That's all that separates us from the Brexit deadline. And the UK has still no clear path forward exiting the EU. Does gold have one? Today's analysis features possible scenarios for the UK and for gold along with their likelihood. In the current political situation, it's a must-read. Parliament Rejects May's Brexit Deal On Tuesday, the UK Parliament voted on Theresa May's Brexit de...Read More

Although Rick's Picks was itching to short into strength as Wednesday began, we stepped aside when buyers came on stronger than expected. Their bravado didn't last long, however, and by day's end bulls looked spent. Even so, the intraday highs easily exceeded some short-term rally targets (see chart inset), implying that a moderate pullback from these levels should be regarded as a buying opport...Read More

For first time in over 16 years, palladium futures settle at a premium to gold futuresGold futures on Wednesday resumed their climb toward the psychologically important price of $1,300 an ounce, settling at their highest in nearly two weeks on the back of political turmoil in the U.K. and U.S.Caution among traders had deepened "ahead of a no-confidence vote on British Prime Minister Theresa May'...Read More

COMEX FUTURES REPORTThe Brexit vote is over. Theresa May survives. Her next moves will be closely watched. Political uncertainty will result in gold trading with a firm bias. Traders will now start taking positions for Tuesday as Monday is a holiday in the USA. The US dollar is firm due to its safe haven status over the Pound and Euro. Focus will now be on economic data releases and its impact...Read More

 CloseGain/LossGold $1291.80-$1.50Silver$15.53-$0.06XAU69.53-0.01%HUI153.79+0.06%GDM578.47+0.31%JSE Gold1353.59+32.94USD96.05-0.02Euro113.91-0.05Yen91.77-0.17Oil$52.07-$0.2410-Year2.746%+0.025T-Bond145.1875-0.28125Dow24370.10+0.67%Nasdaq7084.46+0.71%S&P2635.96+0.76%  The Metals: Gold chopped between $1291.40 and $1295.00 in Asia before it dipped to $1288.90 by midmorning in...Read More

VANCOUVER, BRITISH COLUMBIA / January 17, 2019 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / OTCQB: MGXMF / FSE: 1MG) and engineering partner PurLucid Treatment Solutions ("PurLucid") are pleased to report commissioning results from its commercial-scale 5m3 per hour (750 barrel per day) NFLi-5 advanced wastewater treatment system. The system is currently operating and under...Read More

Trading relatively quiet as jewelers begin restockingafter holiday season. Top-tier independents and luxury retailers outpacinglarge jewelry chains: Signet Jewelers Nov./Dec. sales -3% to $1.8B, Richemont'sCartier and Van Cleef & Arpels 3Q revenue +9% to $2.3B, Forevermark 2018 USsales +8%. Cautious outlook for Chinese New Year as Chow Tai Fook 3Q same-storesales -7% in China, -6% in Hong Kong...Read More

Activity slower than usual for January. Dealersfocused on China and Hong Kong for Chinese New Year period. Domestic demandsteady as jewelers push bridal during ongoing wedding season. Manufacturersremain cautious due to tight profit margins, with factories operating belowcapacity since Diwali. Suppliers holding stock in preparation for Hong Kongshow. RoundRead More

RAPAPORT... Signet Jewelers' sales fell during the holiday season, prompting the retailer to lower its full-year outlook. Total revenue dropped 2.5% to $1.84 billion for the nine weeks ending January 5, while same-store sales - at branches open for at least a year - declined 1.3%, the company said Thursday. E-commerce revenue grew 5.6% to $222.3 million. "Our holiday-season performance fell s...Read More

RAPAPORT... The US jewelry industry downsized further last year, as bankruptciesand closures outnumbered new arrivals to the sector, the Jewelers Board ofTrade (JBT) reported. The number of businesses on the JBT's books fell 4.4% to25,102 in 2018, continuing the downward trend recorded over the past few years,according to data the group released Wednesday. However, the decline slowed versus...Read More

RAPAPORT... The impact of lab-grown diamonds on the industry willsignificantly increase in the next two years, according to ABN Amro. "We think that 2019 and 2020 will be the years thatlab-grown diamonds take off and move from an introduction phase to a growthphase," Georgette Boele, senior precious metals and diamonds analyst for the Dutchbank, said in a report Tuesday. "Sooner, rather than later...Read More