By: Clive MaundGold has been turned back so many times in recent years from the strong resistance approaching the $1400 level, that most investors have now been well trained, like Pavlov's dog, to expect it like clockwork, and as we know, it is just when this mindset prevails that gold is likely to surprise the majority by actually breaking out above this level.Looking at our latest 10-year char...Read More
Modern Monetary MadnessPet Economists Can This Really Be a Thing?Sound Bite EconomicsDo Deficits Matter?Strategic Investment and Life PlanningDallas, Houston, Cleveland a lot, New York, back to Puerto Rico, Austin, and DallasMore than 10 years ago some Australian readers begin regaling me with the ideas of economist Bill Mitchell of the University of Newcastle in New South Wales. He was teachi...Read More
The trend over the next four weeks in gold and silver could be the trend for the rest of the year. In Asia, local currency price moves will be a far bigger factor (than gold in US dollar) over other themes. Winner will be the ones who are correctly able to determine to trend of the local currency trend. It is not easy to determine the long term trend of Indian rupee as we have an election. India...Read More
Full Article: Gold: A New Type Of Price CorrectionBy: Stewart ThomsonIs the latest tiny price correction in gold already done?Please click here now . Double-click to enlarge this daily gold chart. The uptrend looks majestic, and especially so in the face of the dollar's strength against the euro and the yen.Full Article: Gold: A New Type Of Price CorrectionBy: Stewart ThomsonDisclaimer (C) 201...Read More
RAPAPORT... World Federation of Diamond Bourses (WFDB)president Ernie Blom has called for the industry and government to collaborateand rebuild South Africa's diamond trade following massivedownsizing of the industry. "The diamond sector worldwide has flourished when close cooperation betweengovernment and industry prevails," Blom said last week, following an address by Gwede Mantashe, the c...Read More
RAPAPORT... Lucapa Diamond Company has failed to recover rough stones with sufficient commercial value from the Little Spring Creek exploration site at its Brooking lamproite mine inWestern Australia, it said Monday. The miner launched its Brooking project in October, and hassince recovered 1,219 viable stones from the site. However, follow-up explorationonly turned up 11 diamonds, with a tot...Read More
RAPAPORT... Petra Diamonds has appointed mining veteran Richard Duffy as its new CEO, tasked with returning the company to positive cash flow and lower debt. "[Duffy] brings with him an impressive depth of globalmining experience, which we believe will be critical to drive Petra'stransition from a phase of intensive capital expenditure and expansion to afocus on steady-state, cash-generative opera...Read More
RAPAPORT... Belgium's shipments of rough and polished slid in Januaryamid a slowdown in the global industry. A 10% drop in the volume of polishedexports outweighed growth in the average price, with the total value down 4%for the month, according to data the Antwerp World Diamond Centre (AWDC) released last week. Rough imports and exports also slumped, reflecting weakerdemand from manufacturers. Wh...Read More
LSE-listed Petra Diamonds, which on Monday announced the appointment of Richard Duffy as CEO, narrowed its adjusted net loss after tax to $4.5-million for the six months ended December 31, 2018, from the net loss of $7.2-million recorded for the six months to December 31, 2017.Nevertheless, outgoing CEO Johan Dippenaar conceded that the company’s interim results had been impacted on by the...Read More
Parcel Pro, a UPS Capital company, announced a partnership with ManufacturingJewelers & Suppliers of America (MJSA) that provides MJSA Premier Members accessto innovative technology and insured shipping at a time when the industry isexperiencing rapid e-commerce growth."E-commerce retail revenue is expected to top $4.88 trillion by 2021, so it is no surprisewe are seeing more luxury goods ship...Read More
IDEX - International Diamond Exchange, the global diamond, gem and jewelry industryand trade's leading online diamond-trading platform for professional diamond traders,has appointed veteran communications expert and strategic consultant Ya'akov Almorto serve as the new Editor-in-Chief of IDEX Online & Magazine. He succeeds AlbertRobinson."We're very pleased to have Ya'akov on board with us...Read More
Alrosa mined yet another large diamond recently, this time a rough piece that has thedistinct shape of a heart shape.The stone joins a group of other oddly shaped stones. Just in advance of the 2018World Soccer championship in Russia, the miner found a soccer-ball shaped roughdiamond. And this time around, the timing was once again perfect: the stone's find wasannounced just before Valentine's Day...Read More
The Diamond Trading Society of Angola (Sodiam) is spending more than US$ fivemillion to establish and operate its diamond cutting and polishing subsidiary StonePolished Diamond in Angola's capital of Luanda. The company currently employs 70people but is expected, according to Eug?(C)nio Pereira da Rosa, Sodiam's ChiefExecutive Officer, to expand the work force to 400.By 2020, the plant is to polis...Read More
Petra Diamonds, the owner and operator of the Cullinan mine, the diamond sourcethat more than a century ago produced the world's largest rough diamond ever, isplanning to clear its debt with the production of the mine's new section. Speaking toReuters, Cullinan's general manager Juan Kemp said it could take between five and10 years to achieve that goal.Reuters reported Petra's debt is currently ar...Read More
Alderan unlocking Frisco potentialSPONSOREDalderan resourcesSchmidt said while growth in China had stuttered, urbanisation still represented one of the biggest growth drivers over the next decade.Read More
Mike Mooney, professer and Grewcock Chair of Underground Construction and Tunneling at Colorado School of Mines, was recently interviewed by NBC News Mach for a story about Norway's proposed "floating tunnel." The submerged roadway, along with new bridges and conventional tunnels, would connect the cities of Kristiansand in the south and Trondheim in the north -- a trip that currently requires som...Read More
The immediate issue is trying to separate the grim reality of 200 people killed in the mudslides that followed the dam bursts from the fat profits being made by shareholders in iron ore miningRead More
Brandon Tatum and Jussie Watters talk about the recent development in the Jussie Smollett incident.Click here to subscribe for more videos: https://tinyurl.com/y8dmobroRead More
In this video we talk about Brandon Sanderson. His fantasy works, early career, and and how he got started as an author. Brandon is certainly one of my all time favorites, so lets buckle in and start talking about the mind behind Mistborn and The Stormlight Archive.Patreon: https://www.patreon.com/DanielBGreeneDiscord Server: https://discord.gg/xUzhVv4Twitter: https://twitter.com/DanielBGreene?lan...Read More
"People connecting with Pages shouldn't be misled about who's behind them. Just as we've stepped up our enforcement of coordinated inauthentic behavior and financially motivated Continue...Read More