COLORADO SPRINGS, CO , Aug. 27, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE - Gold Resource Corporation (NYSE American: GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for August 2018 payable on September 24, 2018 to shareholders of record as of September 11, 2018. Gold Resource Corporation is a gold and silver producer, developer and explorer wit...Read More
A Monday Morning Musing from Mickey the Mercenary GeologistContact@MercenaryGeologist.comAugust 27, 2018 Price ratios determine the relative value of commodities and are useful parameters to determine if a particular commodity is fairly valued, oversold, or overbought. Ratios can give insight into potentially profitable speculations. These include the commodity itself, market derivatives, and...Read More
By Frank HolmesStrengths? The best performing metal this week was palladium, up 2.50 percent despite money managers flipping to net bearish positions in the futures market with Friday's update. Gold traders have switched back to a mostly bullish outlook, as of Thursday's afternoon survey, for the yellow metal this week, as it appears the price is nearing its floor, according to t...Read More
By Jp CortezAmericans no longer carry gold and silver money in our pockets and purses as our grandparents did. But we still carry the history, legacy, and spirit of those gold and silver coins in our language."Sound money" embodies a clear message recognized for centuries around the world. It describes the musical, metallic ring of a gold, silver, or copper coin dropped on any hard surface of gl...Read More
By Avi GilburtFor those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (NYSEARCA:GLD), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long-term break out has begun.While I have gone on record as to why I do not think the GLD ETF is a wise long-term investme...Read More
Dear Friend of GATA and Gold:In response to GATA's August 23 dispatch -- "Tocqueville's Hathaway Marvels at Gold's Depression but Declines to Explain It" --http://www.gata.org/node/18446-- a friend who is a fund manager writes:"Don't be so hard on Hathaway. ... Once you start making a lot of noise about what goes on behind the curtain you have no idea of the dirty tricks and outright criminality...Read More
CloseGain/LossGold $1210.30+$4.70Silver$14.88+$0.07XAU68.79+1.63%HUI149.19+1.62%GDM537.42+1.79%JSE Gold977.34+26.23USD94.76-0.37Euro116.85+0.62Yen90.15+0.12Oil$68.87+$0.1510-Year2.848%+0.035T-Bond145.15625-0.4375Dow26049.64+1.01%Nasdaq8017.90+0.91%S&P2896.74+0.77% The Metals: Gold saw modest gains in Asia before it fell back to $1203.30 in London, but it then jumped to as...Read More
- Paper currency in Venezuela is now worth less than toilet paper- Incredible Reuters photos highlight the disaster that can become of fiat (both paper & digital) currency devaluations- 2,600,000 paper or electronic bolivars for one roll of toilet paper- 14,000,000 bolivars for one chicken highlights the disastrous decline in the standard of living in the socialist dictatorship- One gold coin...Read More
Full Article: Services RenderedBy: Jeff ThomasHere we have a standard credit card receipt from a coffee shop.The diner understands that he's not obligated to order anything that he doesn't want to receive, but that, for whatever he does order, he must pay the price on the menu.Full Article: Services RenderedBy: Jeff ThomasDisclaimer (C) 2010 Junior Gold Report and TechMoney360Junior Gold Report...Read More
Venezuela's export market for hot-briquetted iron (HBI) weakened further after one producer cut its price to conclude a deal. ...Read More
Buyers in the United States pushed pig iron prices below $400 per tonne during the week ended Friday August 24 amid a weak scrap market. ...Read More
South America's import prices for some flat steel products went down last week due to renewed offers from China....Read More
GlobalOre has added Metal Bulletin's 62% Fe Iron Ore Index - Low Alumina (MBIOI-62-LA) to its list of indices available for trading via the platformin response to requests from a number of active members in its physical trading community, the company said on Monday August 27, the day the index was launched.The new index was proposed following market demand for increased price transparency for...Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Monday August 27.Base metals prices on the Shanghai Futures Exchange gave a mixed performance during Asian morning trading on Monday, with copper, zinc and tin moving up while the others were little changed to weaker.Continued weakness in the dollar provided broad-based support to the SHFE bas...Read More
Iron ore prices softened on Monday August 27, with Metal Bulletin's 62% Fe Iron Ore Index-Low Alumina debuting at $71.15 per tonne cfr China....Read More
The seaborne coking coal spot market quietened down on Monday August 27 after several cargoes were traded last week at prices that did not depict a clear trend. ...Read More
North China's hot-rolled coil prices fell amid futures market losses on Monday August 27 though those in the country's eastern region bucked the trend amid expectations of demand becoming more robust in the months to come....Read More
RAPAPORT... The Western Australian government is looking for experiencedcompanies to operate the Ellendale mine, famous for its fancy-yellow diamonds. On offer are Ellendale's E4 and E9 pits, storage facilitiesand infrastructure, which belonged to Kimberley Diamond Company before thecompany went into administration in 2015. For the past two years, the state's Departmentof Mines, Industry Regulatio...Read More
RAPAPORT... Lesotho-focused miner Namakwa Diamonds will sell a29.59-carat, fancy-pink rough stone in Antwerp this fall.The company discovered the diamond at its KAO mine in theAfrican country on June 12, according to brokerage firm Bonas-Couzyn, whichwill facilitate the sale. The stone - named the Rose of KAO - will appear inAntwerp for viewings from September 17 to 28, and bidding in an online te...Read More
RAPAPORT... Bonhams will feature the jewelry collection of celebratedOlympic swimmer-turned-property mogul Katherine Domyan at its September auctionin New York. Born in Hungary, Domyan won two gold medals and set worldrecords at the 1952 Olympics in Helsinki, Finland, before seeking politicalasylum in the US four years later during the games in Melbourne, Australia. However, immigration quotas wer...Read More