This is the 4th and final article in this series that concludes in a trend forecast for the Silver price 2019. Silver Price Trend Forecast 2018 ReviewGold - Silver RatioSilver Price Trend Analysis 2019Silver Price Trend Forecast Conclusion for 2019The whole of this analysis has first been made available to Patrons who support my work.So for immediate First Access to ALL of my analysis and trend fo...Read More
Forecasts, Commentary & Analysis on the Economy and Precious MetalsCelebrating our 45th year in the gold businessJanuary, 2019_____________________________________________________________________________________________________________________________Gold mine production by countryDivergent paths among the major global producers tell an important taleSources: MetalsFocus and the World Gold Coun...Read More
By: Gary TanashianThe 3 Amigos were a blogger's way of not boring himself to death while fleshing out important macro indicators month after month.Amigo #1 (SPX/Gold ratio) got home and dropped from target. What's more, it has taken back the ratio's equivalent of the entire Trump rally and that is an eventuality we are very open to on nominal SPX as well.The gaps are interesting and among sev...Read More
John Williams & Chris Waltzek Ph.D. - January 8th, 2019. -- CLICK HERE TO LISTEN NOW (Mp3 file) HighlightsThe founder of Shadowstats.com, a leading online alternative economic-resource offers listener's a financial market overview for 2019.John Williams notes the economic mishaps leading up to the Great Recession of 2008 were mostly ignored.The inordinately large global financial-bubble...Read More
By: Gary ChristensonJohnny Cash sang "Folsom Prison Blues" in 1957. The first verse is:I hear the train a comin'It's rollin' round the bend,And I ain't seen the sunshineSince I don't know when.I'm stuck in Folsom PrisonAnd time keeps draggin' onBut that train keeps a rollin'On down to San Antone.The Federal Reserve operates from The Eccles Building in D.C. Regarding the Fed I suggest changing "F...Read More
Big moves will be there in metals, energies and the US dollar Index only after the outcome of US-China trade talks are known. Till then, the consolidation phase will be there. Focus of the world in on a Chinese slowdown. Long term metal investors are on the sidelines as they expect slower and lower Chinese demand. If the trade talks succeed and all issues comes to an end once and for all, then a...Read More
The signal has preceded solid gains for the S&P, historicallyFor the first time in nearly three years, the weekly Investors Intelligence (II) survey showed more market newsletters were bearish on stocks than bullish. The survey started in 1963. II analyzes more than 100 independent newsletters and determines whether they are bullish or bearish on the stock market (they also have a third designatio...Read More
Full Article: Is the Fed Done Hiking Rates? Watch the Price of Gold By: Frank HolmesKing Dollar was on top in 2018, one of the few major assets to close the year in the black on steady interest rate hikes and robust economic growth in the U.S. But greenback strength is a double-edged sword, as you know. Although good for U.S. consumers, it can hamper exporters, commodities, oil, gold and more.So...Read More
The precious metals have done relatively well compared to most other assets this past month. Here's Steve St. Angelo to explain...by Steve St Angelo of SRSrocco ReportWhile December was a horrible month for the broader markets, that wasn't the case for the precious metals. As the Dow Jones and S&P 500 Indexes suffered the worst December since the Great Depression, the silver price enjoyed quite...Read More
The camp at Denison's flagship Wheeler River uranium project. (Image: Denison Mines)SASKATCHEWAN - Denison Mines Corp., headquartered in Toronto, has announced details of its $6-million exploration spending plans this year. Targets at Wheeler River, Waterbury Lake, and Hook-Carter properties - all in the Athabasca Basin - will be diamond drilled.At Wheeler River the drill program includes about 13...Read More
RAPAPORT... Tiffany & Co. has begun disclosing the geographical originof its diamonds to consumers, pledging to go beyond the standardresponsible-sourcing methods prevalent in the industry. The company will provide information on stones' regions orcountries of origin in its engagement-ring display cases, starting Wednesday.For other diamonds, customers will be able to obtain provenance details...Read More
RAPAPORT... India's ICICI Bank will shut its branch in Antwerp onMarch 29, becoming the latest lender to quit the Belgian diamond market. The move followed a strategic review of ICICI's businessoperations in the country, a spokesperson for the company confirmed Wednesday.The bank has asked customers to close their accounts by February 28, accordingto a December 28 note to its clients, seen by Rapa...Read More
RAPAPORT... Whoever considered the holiday season over might need tothink again: Many jewelers are seeing just as much business during January asthey witnessed during the Christmas period, if discussions on a popularsocial-media forum are anything to go by. Customers are still visiting stores, and not only toredeem gift certificates and get their purchases repaired and resized,according to se...Read More
RAPAPORT... Diamond Foundry is increasing its production more than tenfoldand raising wholesale prices 15%, as it predicts an uptick in demand forlab-grown diamonds. The company believes there is a shortage ofsynthetic-diamond supply while consumer interest in the product is rising. Itplans to raise production to at least 1 million carats of rough per year,boosted by a new factory in Washington st...Read More
RAPAPORT... The Gemological Institute of America (GIA) has awarded its highest honor to veteran researcher Dr. James Shigley, a pioneer of synthetic-diamond detection. Shigley received the Richard T. Liddicoat Award for Distinguished Achievement, which is named after the GIA's second president. The accolade recognizes those who show "extraordinary commitment" to further the organization's mi...Read More
(IDEX Online) - The Israel Diamond Exchange (IDE) will hold its first tender of Israeli goods during the International Diamond Week in Israel (IDWI). The tender will take place from January 27-31, and will be held at IDE's International Tender Center. It will consist of a wide and varied array of polished goods offered by IDE members, with a total value of over $10 million. KOIN Internatio...Read More
(IDEX Online) - The Israel Precious Stones and Diamonds Exchange (ISPDE) reported a strong turnout at a specially organized event on Tuesday where members exhibited goods. ISPDE President Shlomo Eshed said he was delighted with the event which the exchange now plans to hold twice a year. "It was an exceptional event," said Eshed. "The members were delighted with the turnout. ...Read More
(IDEX Online) - Lucara Diamond Corp. reported that it carried out its first diamond sale through Clara Diamond Solutions, its 100% owned digital sales platform. Seven manufacturers participated in the sale, five of whom matched and received their orders. All told, diamonds successfully matched to orders generated revenue of $660,865, achieving +8% over Lucara's market price and +15% o...Read More
Three-month base metals prices on the London Metal Exchange were stronger across the board by an average of 0.6% this morning, Wednesday January 9.Tin led the way with a 1% gain and is back over $20,000 per tonne and has an impressive double bottom in place on the chart, with lows in August and November. Lead, zinc and aluminium were all up by around 0.8%, copper was up by 0.4% at $5,959 per tonne...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 11 points in pre-opening trade. The Canadian Dollar gained 0.19 to 75.53 cents U.S. prior to the Bank of Canada's statement on monetary policy at 10:00 AM EST. No change in the overnight lending rate to major banks is anticipated.Restaurants International (QSR $54.54 U.S.) is expected to open higher after Sun Trust ini...Read More