Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
"It'll be substantially smaller than it is now...but nowhere near where it was before,"Continue...Read More
Gold is holding above $1,300 an ounce, trading near a seven month high Continue...Read More
A BMO Capital Markets report reviewed the numbers and guidance for each of the metals this United Kingdom-based company produced. In a Jan. 23 research note, analyst Edward Sterck reported Antofagasta Plc (ANTO:LSE) "had a strong end to 2018 resulting in record annual production" and "2019 is expected to be a new record year." He added the company "remains one of our Top Picks in the copper space...Read More
By: David SmithTwo years ago at a conference during which I both presented and attended, a Keynote speaker, "Rich Dad" Robert Kiyosaki, introduced me to a different way of looking at things. He posed the question, "How many sides does a coin have?"The correct answer is "three." The front (obverse), back (reverse) and... the edge!When you think about it, this makes sense. From this angle - uncomm...Read More
Graceland UpdatesBy: Stewart Thomson 1. The magnificent gold price rally has paused in the $1300 area for the past few weeks. Monday was COMEX option expiry day. 2. With that now out of the way, gold is already staging more upside action!3. Please click here now. Double-click to enlarge this daily gold chart. A bullish upside channel breakout is in play and the consolidat...Read More
COLORADO SPRINGS, CO, Jan. 28, 2019 -- Gold Resource Corporation (NYSE American: GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for January 2019 payable on February 25, 2019 to shareholders of record as of February 11, 2019. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nev...Read More
By George Smith"... if the journalistic credos of speaking truth to power, comforting the afflicted, and afflicting the comfortable have a godhead, that would have to be Paine, whose writing was so provocative and so uncompromising that he faced the gibbet and the blade everywhere he published in England, and in France, and in the United Colonies." Craig NelsonThomas Pain (later changed to Pa...Read More
Venezuela is nearing to be another Iran or Libya as it is trying to switch away from US dollar to other currencies on its crude oil and other natural resources. There will be a regime change in Venezuela soon. Russia and China will not be able to stop a regime change in Venezuela. UK has declined to give Venezuela its gold. The message is clear, US and UK will not give gold to nations have given...Read More
TraderStef is optimistic about silver, but what will it take to get an even more bullish tone? Find out in this both fundamental and technical update...by TraderStef via CrushTheStreet (connect with TraderStef via Twitter or at TraderStef's website)If you missed my most recent articles and analyses on silver, Silver's Hi-Ho Day Needs a Few Dollars More was published on Dec. 26, 2018 and Gold an...Read More
The GDXJ/GDX Ratio (Junior Miners/Senior Miners) frequently sends a very important message to the mining sector. This ratio has created a series of higher lows and lower highs over the past few years, which creates a narrowing pennant pattern.The ratio is now testing the top of this pattern, which comes into play as resistance. If the ratio breaks above the top of the pennant pattern and the 2017/...Read More
RAPAPORT... The Gemological Institute of America (GIA) has appointedMatthew Tratner global director of business development. Tratner will be responsible for expandingand deepening the GIA's relationships with retailers and other stakeholders. "Matt's industry experience will play an invaluable role aswe work to meet the needs of the gem and jewelry industry, and further ourmission of en...Read More
RAPAPORT...Martin Rapaport called on traders to develop a niche andfocus on providing customers with their precise needs, as he addressedattendees at the International Diamond Week in Israel (IDWI)."The idea that you have a specialized area where you arethe best...is a very healthy place to be, assuming there are customers for it," the Rapaport Group Chairman said Monday in apresentation at the Is...Read More
RAPAPORT... Alrosa has unearthed a rough stone weighing nearly 200carats from its Udachnaya pipe, its largest in more than two years, the companysaid Tuesday. The 191.46-carat stone, which is white with a slightyellowish tinge, was found earlier this month at the asset's N12 processing plant. The Russia-based miner last found a comparably sized diamond two and a half years ago, it said. "Suc...Read More
RAPAPORT... Swiss watch exports fell in December, with a sharp declinein China outweighing growth in other markets. Outbound shipments slid 2.8% year on year to CHF 1.63billion ($1.64 billion), the Federation of the Swiss Watch Industry reportedTuesday. "Half of the 30 most important markets grew in December, butnot enough to compensate for the decline in other outlets," the federationsaid....Read More
(IDEX Online) - De Beers sold rough diamonds with a provisional value of $505 million in the first sales cycle (Global Sightholder Sales and Auction Sales) of 2019. The figure was substantially lower than the year-earlier figure of $672 million. Bruce Cleaver (pictured above), CEO, De Beers Group, said: "Rough diamond sales during the first sales cycle of 2019 were lower than those f...Read More
RAPAPORT... De Beers' rough-diamond sales slowed in January as adisappointing holiday season piled further pressure on the midstream. Proceeds fell to $505 million at the first sales cycle ofthe year, 25% lower than the $672 million it sold a year ago, the companyreported Tuesday. January is typically one of the biggest sales periods of theyear for rough, as retailers and dealers restock aft...Read More
(IDEX Online) - A rough diamond weighing almost 200 carats was mined at the Udachnaya kimberlite pipe in mid-January 2019, said diamond giant ALROSA. The gemstone had dimensions of 40x31x20 mm and a weight of 191.46 carats. It was extracted at the processing plant N12 of Udachny mining and processing division. The mined diamond is transparent, with a slight yellowish tinge. "Such lar...Read More
(IDEX Online) - The Bharat Diamond Bourse (BDB) announced the 2nd season of Bharat Diamond Sports League (BDSL Season -2) on 17th January at the Convention Hall, Bharat Diamond Bourse. The Bharat Diamond Sports League is an initiative taken by the Bharat Diamond Bourse to bring its members closer via sporting activities. Anoop Mehta, president of BDB, welcomed all the 13 participati...Read More
Quebec diamond miner Stornoway Diamond Corporation has appointed Patrick Sévigny to the position of VP for operations, effective immediately.With more than 25 years of experience in the sector, mining engineer Sévigny joined Stornoway in January 2015 as manager of mining operations at the Renard mine.AdvertisementTo watch Creamer Media's latest video reports, click here Advertis...Read More