The provisional value from global sightholder and auction sales was down from $500 million in the first cycle of the year and also lower than the second cycle of 2018's $563 million.It was also the lowest value since the ninth cycle of 2018 when $442 million worth of rough stones were sold.CEO Bruce Cleaver said while overall demand for lower value rough diamonds had remained subdued, the company...Read More
The Zaldivar copper mine in Chile. Source: Barrick Gold Corp.After a week of verbal sparring over a proposed merger, the ceos of Barrick Gold Corp. [ABX-TSX, NYSE] and Newmont Mining Corp. [NEM-NYSE]were set to meet in New York late Tuesday. Newmont CEO Gary Goldberg told Bloomberg News that he won't be discussing Barrick's bid for his company, but rather Newmont's proposal for a joint venture aro...Read More
Drilling operations at Newrange Gold's Pamlico Project in western Nevada. Source: Newrange Gold Corp.Newrange Gold Corp. [NRG-TSXV] Chairman Bob Carrington said Monday the company hopes to announce a resource estimate this year for its flagship Pamlico gold project in Nevada. Carrington spoke to Resource World Magazine while attending the Prospectors and Developers Association of Canada (PDAC...Read More
Tesla bears, shorts, and haters are peculiar types.Like cowardly cockroaches, they tend to stay hidden, only coming out to feast when its convenient.When Tesla first went public in 2010, I was warned not to buy the stock."Electric cars are a joke," they said."Elon Musk is a scam artist," they screamed.""Short the shit of this thing," they bellowed into the wind.But I ignored them, and in defiance...Read More
Croesus was the king of Lydia in what is today's Turkey. He was the first sovereign to mint gold coins and spawned the saying: "As rich as Croesus."In 560 BC, he asked the Oracle of Delphi if he should make war on his rivals, the Persians.The Oracle replied that if Croesus made war on the Persians, he would destroy a mighty empire. With this seemingly positive prophesy, Croesus aligned with Sparta...Read More
COT SPECIAL PUBLICATION SCHEDULE Reminder -- Due to the U.S. Government Shutdown (February 1 Announcement) 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 publ...Read More
By: IRA EPSTEINDaily Gold Chart in a freefall, overdone on the short-term. Gold in the $1,270's looks interesting.Read More
Dear Friend of GATA and Gold:Proceedings in the federal class-action anti-trust lawsuit against JPMorganChase charging the investment bank with manipulating the gold and silver futures markets --http://www.gata.org/node/18844-- have been suspended for three months at the request of the U.S. Justice Department, just as the department has arranged suspension of proceedings in the class-action anti...Read More
Monday's vicious shakedown was poetry in motion. An hour into the session, stocks were falling so hard that you might have thought the world was about to end. Far from it, as suckers who sold into the avalanche were soon to discover. DaBoyz had laid the groundwork for Monday morning's crime spree by goosing shorts the night before. This caused the E-Minis to gap 13 points above last week's highs...Read More
Global economy is slowing. China has lowered its economic growth forecast and also announced a major tax cut. Chinese economy is expected to see a slowest growth in the past three decades. Industrial metals may have formed a short term top. Long term bullishness in selected industrial metals (including silver) is intact. Technically gold needs to trade over $1260 till 11th March to be in short...Read More
Max continues his interview with Richard Field, Author of Transparency Games: How Bankers Rig the World of Finance, about financial transparency and derivatives.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser inv...Read More
Viewing free porn in Britain is about to get a lot harder and less private due to new rules that aim to protect children from online smut.Continue...Read More
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
The Fed is the mortal enemy of the young generations, and thus of the nation itself. "The wealth effect" generated by rising stock and housing prices has long been a core goal Continue...Read More
Link to the Slides and Sources: https://www.itmtrading.com/blog/defla...Question 1. Bobbi B: I agree that hyperinflation in America is inevitable, but many economists say that serious deflation is coming first. I understand that deflation means loss of jobs, decline in available credit and production screeching to a halt, but wouldn't hyperinflation be much worse?Question 2. Bonita M: - In the glo...Read More
"A lot of folks look at that and they say, 'we have seen numbers like that in the past," Hastings explained. He said that many people do not understand the "significant change in the Continue...Read More
Former New York City Mayor Michael Bloomberg said Tuesday he will not seek the Democratic presidential nomination in 2020Continue...Read More
Today there are numerous studies on asteroid mining. They elaborate on selecting the right objects, prospecting Continue...Read More
"We have witnessed Pakistan indulging in false propaganda and spread of misinformation. The Indian Navy does not take cognizance of such propaganda. Our deployments remain undeter .. Continue...Read More
Warren Buffett’s famed annual letter to Berkshire Hathaway shareholders landed in the mail last week. Buffett has built a vast fortune investing in the shares of publicly traded companies. He has long been critical of gold. His most recent letter takes another swipe at the precious metal and implores readers to buy stocks instead.Before his fans start dumping gold and calling their stock bro...Read More