Gold is moving closer to confirming amulti-year bull market per my long-term comparison. A decisive mover higherthan the $1375 area would be confirmation of the bull.Below, is the updated long-term comparison: I have marked two fractals (patterns) 1to 5, to show how they might be similar. I have also marked the point whereinterest rates peaked (in 1981), and where they probably bottomed (in 2016)....Read More
COT SPECIAL PUBLICATION SCHEDULE Reminder -- 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 published the first report on Friday, February 1, 2019. After th...Read More
Full Article: Trump's Brilliant Strategy to Dismember U.S. Dollar HegemonyBy: Michael HudsonThe end of America's unchallenged global economic dominance has arrived sooner than expected, thanks to the very same Neocons who gave the world the Iraq, Syria and the dirty wars in Latin America. Just as the Vietnam War drove the United States off gold by 1971, its violent regime change warfare against V...Read More
By: Dave KranzlerPrice inflation has been badly misrepresented by CPI figures and have been averaging closer to about 8% annually since gold topped in Sept 2011. Since then the purchasing power of the dollar has declined by about 43%, so that in 2011 dollars the gold price is $740. No one seems to have noticed, leaving gold extremely cheap. - Alasdair Macleod, "Ten Factors To Look For In Gold I...Read More
Something big is happening in the gold market right now, and nowhere is that more apparent than in central banks of emerging economies. Last year was a watershed in the size of official gold purchases, as banks added an incredible 651.5 tonnes (worth some $27.7 billion) to their holdings, according to the World Gold Council (WGC). Not only is this a remarkable 74 percent change from 2017, but...Read More
By: Stewart Thomson Graceland Updates1. Gold price sales offer opportunity but patience is required. I like to see a market swoon of at least $50/ounce before buying any fresh medium-term gold or related positions.2. Most amateur gold investors should wait for $100/ounce declines before buying or use very tight stop-losses to protect their capital.3. When buying, it'...Read More
By: Hubert MoolmanGold is moving closer to confirming a multi-year bull market per my long-term comparison. A decisive mover higher than the $1375 area would be confirmation of the bull.Below, is the updated long-term comparison:Click for enlarged image.I have marked two fractals (patterns) 1 to 5, to show how they might be similar. I have also marked the point where interest rates peaked (in 19...Read More
- Intellectuals are laying the groundwork for "a tower of debt higher than any ever seen in world history"- Alexandria Ocasio-Cortez (AOC) and Donald J Trump (DJT) will soon be on the same side by coming to love massive debt, "$2-trillion federal deficits," ultra loose monetary policies and the debasement of the dollar- Beyond "good and evil" and moving to "dumb and dumber" monetary and econo...Read More
Nymex Crude oil rose twenty percent in January (till 1st February close). The pace of rise for crude oil will be crucial for global economy. Part of the rise is attributed to short covering. If crude oil rises quickly due to Venezuela, then chances of global economy moving into recession will be very high. Global economy has not yet fully recovered from energy shocks of last year. USA and Russ...Read More
Here's a look at the biggest trends affecting the silver market in 2019, as well as a prediction for the average silver price throughout the year... from The Silver InstitutePosted on 02 05, 2019(Washington D.C. - February 5, 2019) Last year, the silver market faced a challenging environment which was reflected in a muted price performance. Preliminary estimates point towards a minor 0.3 percent...Read More
Nicolas Carter is an executive vice-president of uranium at UxC LLC, one of the nuclear industry's market research and analysis companies. Carter has 21 years of nuclear industry experience. He manages and coordinates uranium consulting projects and products, including The Ux Weekly, Uranium Market Outlook, Uranium Suppliers Annual and Uranium Production Cost Study. During his career he has p...Read More
RAPAPORT... The board of the Israel Diamond Institute (IDI) has electedBoaz Moldawsky for a three-year term as chairman, it said Tuesday. Moldawsky, who has served as acting chairman for the pastyear, has also been deputy president of the Israel Diamond Exchange (IDE),chairman of the finance committee, and a member of the board of the Israel DiamondManufacturers Association. He is co-CEO of t...Read More
RAPAPORT... Danish jeweler Pandora expects revenue to fall 3% to 7% this year, after weak results in 2018 prompted an overhaul of its brand and marketing activities. "We are taking immediate and forceful action to address thedisappointing aspects of our financial performance in 2018," Pandora chief operatingofficer Jeremy Schwartz said Tuesday. "We are confident that this company-widebusines...Read More
RAPAPORT... A reduced supply of vivid-yellow diamonds will drive a priceincrease this year, according to the Fancy Color Research Foundation (FCRF). "In the last three years we witnessed a substantial [quantity]of vivid yellows coming to market, mainly from the Misery Pipe at [DominionDiamond Mines'] Ekati mine in Canada," Jim Pounds, FCRF advisory board member and executive vice president of...Read More
(IDEX Online) - Following five years of talks and intensive work by the Korea Diamond Exchange (KDE), the South Korean government in December abolished a 26% Individual Consumption Tax on imported polished diamonds that dates back to 1976, said bourse Chairman Nam Chang-Soo. "Now, South Korean diamond importers will have a simplified tax regime: a 5% import tax and 10% Value Added Tax, sai...Read More
RAPAPORT PRESS RELEASE, February 5, 2019, Las Vegas ... Polished-diamond prices softened in January as US restocking proved slower than expected after the holiday season, and as Far East buyers took vacation ahead of the Chinese New Year. Dealers were cautious due to weak demand, tight profitability and a significant reduction in bank credit.The RapNet Diamond Index (RAPI?,,?) for 1-carat dia...Read More
(IDEX Online) - Boaz Moldawsky, who has served as the Acting Chairman of the Israel Diamond Institute (IDI) for the past year, has been elected by IDI's Board of Directors as its Chairman for a three-year term. Moldawsky is a second-generation diamantaire whose family were among the founders of the Israeli diamond industry. He has been active in public service in the industry for many years...Read More
Machine Learning drives exciting new feature for PitramSPONSOREDmicromineGolden Mile positioned for successSPONSOREDgolden mile resourcesCardinal advances at pace in Ghana SPONSOREDcardinal resourcesRevised Leonora PFS is next for KinSPONSOREDkin miningPalladium could do even better, potentially enjoying a 20% increase on its already inflated price with US$1,600 per ounce Citi's latest forecast fo...Read More
Alderan unlocking Frisco potentialSPONSOREDalderan resourcesThe Morococha Antigua residents won a victory last week in Junin's Superior Court that accepted their petition for preventative measures to impede the dismantling and destruction of some 34 hectares of urban area where the Toromocho openpit is due to expand.Chinalco began the US$1.4 billion Toromocho expansion in 2018. Pit expansion work...Read More
Price...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 its published.Subs...Read More