By Avi GilburtWhile there is some religious significance in Roman culture, the Ides of March is best known as the date on which Julius Caesar was assassinated in 44 BC at a meeting of the Roman Senate.At the time, a seer named Plutarch (some claim that the seer was named Spurinna) had warned that something would happen to Caesar by that date. For those that know their Shakespeare, on his way to...Read More
It could be the beginning of the global "currency war" after the so called the end of the "trade war". The reason is in the paragraph below. Indirectly nations fight currency war day in and day out. Trump is making it open. Currency war induced by Trump will only speed up the decline in the purchasing power of the US dollar. Trump is the US president for less than two years. By then nations will...Read More
Introducing the 2019 Roaring Lion Silver Coin, the Lowest Price, Newly Minted Silver Coin in the World... In 2018, SD Bullion released their first-ever, exclusive silver coin, The 2018 Roaring Lion. With a limited mintage of only 50,000 coins, micro-engraving security and a very detailed design, the coin was well received by the silver community, and the coin sold out within a few months. Later i...Read More
What is behind the most recent price decline in silver, and how far below $15 is there stronger price support? Here's Clive to explain...by Clive Maund of Streetwise ReportsSilver fell sharply on Friday after dropping on Wednesday and Thursday, and the reason it fell so sharply can be seen on its latest 6-month chart below which shows that it breached its parabolic uptrend, which had become too st...Read More
RAPAPORT... Graff has bought the New York property that has housed itsflagship boutique for nearly 20 years, the London-based jeweler said Tuesday. The building, at 710 Madison Avenue on the corner of 63rd Street, was designed by celebrated US architect Peter Marino, who has alsocreated stores for other high-profile clients, including Calvin Klein, Chanel, ChristianDior and Louis Vuitton. Gr...Read More
RAPAPORT... HRD Antwerp has changed the language it uses in itslab-grown-diamond certificates to match its reports for natural stones. The grading lab, which has issued documents for loose synthetics since 2013, has expanded its color categories for lab-grown diamonds, andhas updated its 4Cs terminology to correspond with the certificates it issuesfor mined diamonds. While the old lab-grown-...Read More
RAPAPORT... Russian diamond manufacturer Kristall Smolensk is selling areplica of the Great Imperial Crown of the Russian Empire on RapNet's newjewelry platform for $15.5 million. The crown, which weighs 2.3 kilograms, comprises more than11,000 round, oval and pear-shaped white diamonds, weighing 1,928 carats andset in white gold. The stones were sourced from Russian miner Alrosa, certifiedby...Read More
RAPAPORT... De Beers' sales fell for the second consecutive month, ashigh rough prices and slim midstream profits softened demand from buyers,sightholders reported. Sales of $490 million in February were 13% below ayear ago amid weak interest in lower-value goods, the miner said Tuesday. De Beers mainlykept prices steady, prompting concerns from clients, many of whom had beenhoping the company wou...Read More
De Beers Group Industry Services on Tuesday announced that all four of its diamond verification instruments (DVIs) submitted for testing as part of the Assure programme had received “outstanding” results.The Assure programme is a joint collaboration between the Diamond Producers Association (DPA) and Signet Jewelers, with input provided by other participants in the diamond industry and...Read More
De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the second sales cycle of 2019. Sales of De Beers' second "cycle " stood at $490 , a drop of 13 percent compared to the sales figure of De Beers' second sight in 2018, which generated $563 million. "Demand for rough diamonds remained consistent during the second sales cycle of 20...Read More
Standard & Poors (S&P) issued a report saying that 2019 will be yet another year of elevated retail defaults, above the levels that were seen during the great recession of a decade ago. It noted that a significant number of retailers struggle to operate successfully in the current competitive landscape. While the United States' economy seems to be in reasonably good shape, S&P predicts...Read More
GIA's second annual GIA (Gemological Institute of America) London Jewellery Career Fair will be held on April 5, 11:30 am to 4:15 pm, at the Goldsmiths' Hall, Foster Lane, London EC2V 6BN, for an opportunity to meet gem and jewelry industry recruiters from all over Europe. The event is free and open to the public. "The GIA Jewellery Career Fair is back in London for a second year, and is eve...Read More
The World Diamond Council has welcomed the adoption of a resolution by the United Nations General Assembly (UNGA) on March 1, which calls for a strengthening of the Kimberley Process (KP), to more effectively sever the link between the illicit transaction of rough diamonds and armed conflict, thereby contributing to the maintenance of international peace and, in particular, security and sustainabl...Read More
Bulawayo24, an online news service, reported that Zimbabwe has agreed with Botswana to start processing its diamonds at the Diamond Trading Company (DTC) in Gaborone. The agreement was reached during a high-level summit of the Zimbabwe-Botswana Bi-National Commission (BNC) in Harare in February. To implement the agreement, DTC diamond experts are to visit Zimbabwe this month. According to the rep...Read More
MCH Group has appointed Bernd Stadlwieser as CEO of the MCH Group. He succeeds Rene Kam, the veteran CEO who resigned after MCH's chief asset, BaselWorld lost close to 40 percent of its exhibitors in 2018. Bernd Stadlwieser has more than 20 years' international professional experience in the watch, jewelry and art business as well as in the fields of business development and digitisati...Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsThe mining major signed an agreement with Toronto-listed Freegold Ventures to spend up to US$30 million to earn 70% of the 100sq.km Shorty Creek project near Fairbanks in Alaska.Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corp"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftCEO Luis Tondo said the latest results exceeded expectations "on man...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points in pre-opening trade.Index futures were virtually unchanged following release of the February ADP Private Employment report at 8:15 AM EST. Consensus was a drop to 190,000 from 213,000 in January. Actual was a drop to 183,000.Index futures were virtually unchanged following release of the December U.S. Trade...Read More
Like an army that has outdistanced its supply lines, the stock market runs far ahead of logistical support.Total market capitalization of U.S. stocks presently ranges to $40 trillion - or twice GDP.This 2-1 ratio is the highest in history... we might mention.Analyst John Hussman reminds us the ratio previously topped at 1.9 in 2000.That is, never before has Wall Street run so far ahead of Main Str...Read More
- 2018 drilling, comprised of a total of fifteen holes, and was conducted in two phases- Phase 1 drilling provided "scout" drill tests within several broad new target areas and was limited due to permitting constraints- Phase 2 drilling began in early November (upon approval of the district-wide Environmental Assessment and Plan of Operations) and provided a first test to several drill targets in...Read More