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If the Recent Sell-Off Spurred You to Buy Gold, You Have to Read This / Commodities / Gold & Silver 2019

January 24, 2019 / www.marketoracle.co.uk

BY ROBERTROSS : Gold has done well during the latest sell-off in themarkets.But it’s not surprising. Gold has always been seen as asafe haven. When the markets tumble, investors flock into this asset.In the global financial crisis, the S&P 500 plunged55.6% between October 2007 and March 2009: Meanwhile, gold soared 25.4%.The same happened when the dot-com bubble burst in August2000...Read More

Map: Foreign Direct Investment by Country

January 24, 2019 / news.goldseek.com

For many of the world's companies, the best investment opportunities aren't always located within their own domestic borders. Whether it is building a new Starbucks store in Abu Dhabi or Tata Motors acquiring Land Rover, foreign direct investment (FDI) is a measure of how much business capital is flowing in and out of countries. In 2017, total foreign direct investment was $1.43 trillion glo...Read More

Why This Billionaire Just Bought Gold for the First Time in His Life

January 24, 2019 / news.goldseek.com

Billionaire Sam Zell just announced that he bought gold for the very first time in his life because, as he puts it, "it is a good hedge." In a recent Bloomberg interview, the Equity International founder and creator of the real estate investment trust (REIT) admitted to seeing an opportunity in gold's increasing supply shortage."For the first time in my life, I bought gold because it is a good h...Read More

Northern Vertex Appoints Geoff Burns to the Board

January 24, 2019 / news.goldseek.com

January 24th, 2019, Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V: NEE) (OTC Nasdaq Intl.: NHVCF)(the "Company" or "Northern Vertex") is pleased to announce the appointment of Mr. Geoff Burns to the Company's Board of Directors.Mr. Burns is Chairman of Maverix Metals Inc. ("Maverix"), an emerging precious metals royalty and streaming company he co-founded in 2016. Prior to Maverix...Read More

Ira Epstein's Precious Metals Video Update Jan-23

January 24, 2019 / news.goldseek.com

By: Ira EpsteinGold making lower highs, Bollinger Bands narrowing:Read More

Why isn't GATA invited to make presentations in Canada anymore?

January 24, 2019 / news.goldseek.com

Dear Friend of GATA and Gold:Financial blogger Don Swenson today reports disappointedly on his attendance at the Vancouver Resource Investment conference a few days ago. In commentary headlined "Digital Currencies, Electronic Trading, Robots, and Algorithms! Repeat!" --https://kingdomecon.wordpress.com/2019/01/22/digital-currencies-electron...-- Swenson complains that the conference took no noti...Read More

The Art of Leveraging Feeble Buying

January 24, 2019 / news.goldseek.com

DaBoyz more than held their own Wednesday, keeping the Dow airborne for six hours even though buying interest was practically nil. This is an achievement of sorts, and it suggests that although upside potential will be limited to whatever the stock market's masters can milk from daily mood swings, there would appear to be little enthusiasm for a hard selloff at the moment. In such circumstances,...Read More

Hugo Salinas Price: An Appeal To President Trump To Re-Monetize Silver Using One Executive Order

January 24, 2019 / www.silverdoctors.com

What would it take for President Trump to re-monetize silver? Hugo Salinas Price spells out what it would take, and it wouldn't take much...by Hugo Salinas Price of Plata.com.mxA Message for Trump. Expanded and Clarified as of January 23, 2019.Mr. President Trump, Sir: you are working tirelessly, against tremendous odds, to carry out your mission in life, which is to "Make America Great Again".I p...Read More

The global metals industry: 5 things to watch in 2019

January 24, 2019 / www.woodmac.com

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The success of China's economic reform programme will have a strong influence on the metals market this year. On balance, fundamentals have improved, but geo-political concerns continue to dog the market and whispers of economic slowd...Read More

Rapaport Weekly Market Comment

January 24, 2019 / www.diamonds.net

Diamond marketsquieter than usual in January. Dealers cautious amid sluggish US post-holidaydemand. Far East orders slow as jewelersfocus on Chinese New Year sales. Decline in Chinese tourist spending sees Tiffany& Co. Nov./Dec. sales -1% to $1B. Luk Fook 3Q same-store sales -10%. JBT reports US industry shrinks 4% to 25,102 jewelers in 2018. Roughsentiment weak as manufacturers facetight prof...Read More

India: January Trading Slow

January 24, 2019 / www.diamonds.net

Dealers concerned about slower-than-normal January trading.Far East demand quiet before Chinese New Year. Selective post-holidayrestocking by US retailers. SI-I1 doing well in most sizes. Melee market stableand showing signs of improvement. Manufacturers holding large inventory andmaintaining lower polished production. RoundRead More

Mine Closures Hit Alrosa Production

January 24, 2019 / www.diamonds.net

RAPAPORT... Alrosa's rough-diamond production fell 7% in 2018 amid theclosure of two of its assets, the miner said Thursday. Output for the year dropped to 36.7 million carats, as thecompany was no longer carrying out open-pit mining at the Udachnaya pipe. TheMir mine, which shut in August 2017 after a flood that killed eightemployees, also remains closed. The Russian miner reported sales vo...Read More

Le Vian Embraces Role as Sector Trendsetter

January 24, 2019 / www.diamonds.net

RAPAPORT... Eddie Levian has an air of confidence as he navigates LeVian's large and loud booth at the JCK Luxury show in Las Vegas. With musicblaring in the background, he stops mid-sentence during our interview about thejewelry brand's latest collection to focus on his retail partners. "If everyone could send a happy birthday message to mybrother, who couldn't be with us at the show this year,"...Read More

2H Slump Dents De Beers Sales Volume

January 24, 2019 / www.diamonds.net

RAPAPORT... De Beers' sales volume fell 4% last year due to weakeneddemand for lower-value diamonds in the second half. The miner sold 33.7 million carats of rough, compared with 35.1million carats in 2017, as clients bought fewer of its cheaper stones, itreported Thursday. De Beers' average price for sales - excluding some sales by itsjoint-venture partners - rose 6% to $171 per carat for t...Read More

IDEX And Delgatto Diamond Finance Fund Announce Financing Initiative

January 24, 2019 / www.idexonline.com

(IDEX Online) - Online diamond trading platform IDEX and the Delgatto Diamond Finance Fund (DDFF) announced today a joint initiative that will make it easier for diamond and jewelry wholesalers globally to use DDFF's services to easily access capital.   The DDFF specializes in collateral-based financing for diamond and jewelry companies. "For the first time ever, the industry has a fina...Read More

Consultancy plans to expand mining capability

January 24, 2019 / www.miningweekly.com

Multidisciplinary engineering and environmental consultancy Knight Piésold aims to expand its mining capability and market share, especially in tailings, as well as assist mines in developing renewable-energy projects in remote areas where grid power is unavailable or unreliable, says Knight Piésold mining technical director Andrew Copeland.He tells Mining Weekly that, in South Afric...Read More

ALROSA 2018 Sales Up 6% On Year To $4.5 Billion

January 24, 2019 / www.idexonline.com

(IDEX Online) - ALROSA reports diamond production volume in 2018 at 36.7 million carats and sales of 38.1 million carats (down 8%). Sales proceeds increased by 6% to $4.5 billion.   In Q4 2018, diamond production decreased by 2% q-o-q (up 2% y-o-y) to 10.3 million carats driven by seasonal suspension of production at alluvial deposits, which was almost fully offset by increased output at und...Read More

De Beers: Output, Average Price Per Carat Up in 2018

January 24, 2019 / www.idexonline.com

(IDEX Online) - De Beers reported that rough diamond sales volumes totaled 9.9 million carats (9.2 million carats on a consolidated basis) from three sales cycles, compared with 8.2 million carats (7.5 million carats on a consolidated basis) from the same number of sales cycles during the equivalent period in 2017.   Fourth quarter rough sales revenues increased year on year as the re-phased...Read More

Indaba celebrates silver anniversary, reaffirms commitment to Africa

January 24, 2019 / www.miningweekly.com

The 2019 Investing in African Mining Indaba – to be held at the Cape Town International Convention Centre from February 4 to 7 – will be the twenty-fifth iteration of the event, and the “world’s largest mining conference” having reached this milestone is testimony to its relevance and value, says Minerals Council South Africa public affairs and transformation senior e...Read More

Lucara marks progress on Karowe feasibility study

January 24, 2019 / www.miningweekly.com

Lucara Diamond Corp continues to make progress with the feasibility study for a potential underground operation at its 100%-owned and operated Karowe diamond mine, in Botswana.Following the release of a positive preliminary economic assessment (PEA), the company last year embarked on a technical programme to support a feasibility study for a potential underground operation at Karowe, with the aim...Read More

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