By: Keith WeinerOne of the most important problems in economics is: How do we know if an enterprise is creating or destroying wealth? The line between the two is objective, black and white. It should be clear that if business managers can't tell the difference between a wealth-creating or wealth-destroying activity, then our whole society will be miserably poor.Any manager will tell you that it'...Read More

By: Jordan Roy-Byrne CMT, MFTAThe precious metals complex has enjoyed a nice run in recent months.GDX has gained 25% since the September lows while GDXJ has gained 22% since its November low. Gold has rallied over $100/oz since its October low and Silver has surged in recent weeks.The Gold community is getting excited again. They think the equity market is doomed and Gold has started a real bull...Read More

The yen, whose behavior corresponds closely to gold's, began 2019 with a giant leap that slightly pierced the 0.94148 midpoint resistance of the pattern shown. This is bullish but would become still more so if the futures can close for two consecutive weeks above it. The 1.03755 target is already in play, but it would become a lead-pipe cinch to be achieved once the March contract is trading d...Read More

TECHNICAL SCOOPCharts and commentary by David ChapmanChief Strategist, Enriched Investing Inc.Phone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.comTwitter: @Davcha12January 7, 2019"For last year's words belong to last year's languageAnd next year's words await another voice." T.S. Eliot, 1888-1965; essayist, publisher, poet, playwright, literary and social critic one...Read More

By: GoldSeek guest author, Richard Goldstein Gold is a T.A. dream right now, textbook fibs and formations:Read More

By John MauldinDangerous AddictionDisappearing LiquidityBlurry LinesDallas, Houston, San Francisco, Baltimore, DC, and Back to San JuanDouble, double, toil and trouble;Fire burn and cauldron bubble....By the pricking of my thumbs,Something wicked this way comes.- William Shakespeare, Macbeth, Act IV, Scene I, 1606Remember when it was a January ritual to fill in the new year on your blank checks?...Read More

Full Article: Gold Has Beaten the Market Over Multiple Time PeriodsBy: Frank HolmesGlobal uncertainty made gold a holiday winner for investors seeking a relatively safe haven. U.S. stocks just logged their worst year since 2008-their worst December since 1931-as fears over global trade, ballooning debt, the end of accommodative central bank policy and a U.S. government shutdown unsettled investor...Read More

The People's Bank of China announced that they have increased their gold holdings to 59.56 million ounces or about 1,853 metric tons, from 59.24 million ounces previously. This marks an increase of roughly 320,000 ounces or over $400m US. The official reserve numbers had been unchanged since about 130,000 ounces were added in October 2016.We believe this is just the start of China aggressively inc...Read More

Not only should we still see higher silver prices in the days ahead, but gold & silver are expected to move sharply higher once this happens...by Captain Ewave of CaptainEwaveEmail: [email protected]Website: www.captainewave.comGOLD:Short Term Update: In the overnight session we have moved higher again and have reached a high of 1294.30! Within wave .iii. we continue to work on our first...Read More

This chart looks at the US Dollar, reflecting that it has spent the majority of the past 14-years inside of rising channel (1).Over the past 3-years, King Dollar could be creating a series of lower highs and lower lows inside of falling channel (2). It hit the top of the channel a few weeks back, near the top of the new falling channel and some selling pressure has taken place.The weakness in King...Read More

RAPAPORT... Tiffany & Co., Forevermark and Le Vian were among thebrands celebrities wore at Sunday's Golden Globes awards, with Lady Gaga's opulent display of diamonds stealing the show.Lady Gaga stepped onto the red carpet sporting a Tiffany necklacefeaturing more than 300 diamonds, including a pear radiant-cut, 20-carat centerstone. She also wore Tiffany diamond-cluster earrings, and three T...Read More

RAPAPORT... Israel's polished-diamond exports showed signs ofstabilizing in 2018 after three years of heavier declines, according togovernment data.Shipments slipped 2.5% to $4.48 billion for the year, thenation's Ministry of Economy and Industry reported Sunday. That compares withdrops of 20%, 6% and 4% in 2015, 2016 and 2017, respectively, Rapaport recordsshow. "Following a few years of...crisis...Read More

RAPAPORT... The All India Gem and Jewellery Domestic Council (GJC)has elected Anantha Padmanaban as chairman for a two-year term. The organization, which represents India's domesticjewelry industry, chose Shaankar Sen to be its vice chairman. The electronicelection took place last week. The GJC changed its name from the All India Gem andJewellery Trade Federation (GJF) last year. The move reflecte...Read More

(IDEX Online) - Diamond broker and consultant Bonas will hold a tender of exceptional polished colored gemstones from February 18 to 22 in Bangkok to coincide with next month's Bangkok Gems & Jewelry Fair (BGJF).   The event is being organized with the support of the Asia Gem Center and will take place at the Jewelry Trade Center in Bangkok.   The tender will feature approximat...Read More

(IDEX Online) - Hong Kong based jewelry giant Chow Tai Fook Jewellery Group Limited has signed an agreement with Tencent in which WeChat Pay Hong Kong can be used for all purchases at its stores in Mainland China.   The deal aims to encourage Hong Kong buyers to use digital payments in Hong Kong dollars.   The use of WeChat Pay HK in both Mainland China and Hong Kong "provides the utmos...Read More

(IDEX Online) - Harry Winston Inc. has filed suit regarding the building it leases in Chicago which the famous jewelry retailer alleges was damaged by a nearby construction project and cost it more than $2 million in lost profits.   The complaint was filed in Cook County Circuit Court against 65 Oak Street Owner LLC, LG Development Group LLC, and others, citing the Chicago Excavation Ordinanc...Read More

Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.2% this morning, Monday January 7, with copper recently quoted at $5,937 per tonne – this after average gains of 1.5% last Friday. Volume across the complex has been average with 5,995 lots traded as at 7.15am London time. In the precious metals this morning, gold prices are off their highs...Read More

U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in early trade.General Electric (GE $) is expected to open higher on reports that the company is in talks to sell its jet leasing unit to Apollo.Eli Lilly dropped $3.27 to $111.39 and Loxo Oncology gained $90.88 to $230.75 after Eli Lilly offered to purchase Loxo for $235 per share cash. Value of the deal is esti...Read More

A recent survey by the College Board revealed the budget for an in-state public college last year averaged $25,290.And a moderate budget at a private school last year averaged $50,900.Suppose you have three kids bound for college a decade from now. At the rate which college tuition costs are rising and tuition aid formulas changing, you're looking at spending, over the course of 4 years, close to...Read More

If the first week of trading in 2019 is auspicious for the rest of the year, gold bugs are going to be in for a fun ride.Amidst broad market turmoil headlined by plunging and volatile global stock markets and increased U.S.-China trade tensions, the yellow metal lived up to its safe haven status over the holiday period and into the first few days of 2019, powering forward to just shy of US$1,300 p...Read More