AAPL is struggling to hold above a crucial 'Hidden Pivot' support at $170, but if it gives way expect the broad averages to take another nasty leg down in sympathy. The stock is sufficiently oversold to be primed for a bear rally of perhaps 8-10%. But who would do the buying? Ordinarily, short-covering is the only source of bidding strong enough to excavate a stock from a trough as deep as the o...Read More
Any news of a deal between the USA and China on the trade war front will result in copper, zinc, lead, nickel and aluminum to rise five percent anytime. The Trump-Xi meeting is on Saturday. Before Saturday, all the speculation will move silver and industrial metals. How to trade in invest in 2019The year 2018 is not yet over. Each day till 31st December, a new economic data release or news/spe...Read More
Fed Chair Jerome Powell gave a speech today, and he came out sounding like a dove. Gold & silver spiked as a result. Here's Matt with the details...by Matt from Silver Fortune via Silver FortuneAs predicted by many (including your's truly), the Fed is pivoting to a more dovish stance. The move in metals today was relatively small, but it could be the beginning of a big move up. Read More
Think silver is dead? Steve St. Angelo shows that not only is silver not dead, but investment demand has grown more than other types of demand...by Steve St. Angelo of SRSrocco ReportEven though interest in precious metals has fallen over the past few years, investment demand is still the largest growth sector in the silver market. Yes, it may be hard to believe, but physical silver investment h...Read More
SD Midweek Update: The "markets" performed as expected coming into Wednesday, but we could see totally different "markets" by week's end. Here's why...On Monday I felt pretty confident that we would see the stock market bounce.That is exactly what we see:In my opinion, we are witnessing a short-squeeze induced dead cat bounce. The 50-day moving average is quickly closing in on the 200-day, and we...Read More
RAPAPORT... Tiffany & Co.'s shares dropped 9% in early trading Wednesdayafter diminished spending by Chinese tourists led to weaker-than-expectedsales. Comparable-store sales - at branches open for at least ayear - grew 3% in the third fiscal quarter ending October 31, but analysts hadpredicted a rise of 5.3%, according to Reuters. While total revenue climbed 5%to $1 billion, profit fell...Read More
RAPAPORT... Cards Against Humanity, famed for its politically incorrect party games,sold a lab-grown-diamond engagement ring for 99% off on Black Friday - butinsisted it wasn't about to make a splash in the synthetics sector. The 1.5-carat stone from Brilliant Earth went for $32.15 on aspecial satirical e-commerce platform Cards Against Humanity set up for thenational shopping day. It offered just...Read More
RAPAPORT... Customers will soon be able to pay in Bitcoin at eight BirksGroup stores in Canada, the retailer said. The jeweler claims to be the first luxury retailer in Canadato accept the cryptocurrency. The service will be available at the end ofNovember in select locations, including its recently opened GraffDiamonds and Patek Philippe boutiques in Vancouver, the company noted Tuesday. Th...Read More
RAPAPORT... Production at the Gahcho Ku?(C) mine is likely to exceedexpectations for 2018 before increasing steadily over the next three years, accordingto part owner Mountain Province. The company is confident total output at the Canada asset willbe above its upper forecast of 6.6 million carats this year, it said Tuesday.It will then rise to a range of 6.6 million to 6.9 million carats in each o...Read More
(IDEX Online) - Registration for the next International Diamond Week in Israel (IDWI), to be held January 28 - 30, 2019, is proceeding at a brisk pace, according to the Israel Diamond Exchange (IDE) which is organizing the event. The IDE noted that buyers had registered from all over the world, and included a high percentage of new participants. Moreover, official delegations are being org...Read More
(IDEX Online) - Mountain Province Diamonds Inc. reported that production guidance for the for the Gahcho Ku?(C) Mine in the three-year period 2019 to 2021 provides evidence of "a sustainable and smooth mining rate as the mine performance maintains a steady state". For fiscal year 2019, 6.6 million carats - 6.9 million carats were recovered, with production costs of $110 - $120 per tonne pro...Read More
(IDEX Online) - Zimbabwe does not plan to change its ownership rules for diamonds, its mining minister said on Monday, hitting hopes among some investors of a more friendly approach. The country's indigenization law states that the government must hold 51% of diamond and platinum mines. Zimbabwe changed its empowerment law in March limiting the rules that mandate majority state...Read More
(IDEX Online) - CEDEX, the first certified Blockchain based diamond exchange that focuses on bridging the gap between the traditional diamond industry and the innovative financial markets, has launched the beta version of its diamond commodity exchange. The move comes seven months after raising more than $20 million in an Initial Coin Offering (ICO). CEDEX says it platform connects...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedImperial filed a lawsuit in the British Columbia Supreme Court in 2016 alleging negligence and breach of contract by both engineering firms Knight Piesold and AMEC, which is now Amec Foster Wheeler, following the August 4, 2014 failure.The company said the lawsuit was settled among all parties, resulting in net payments due to the...Read More
Despite a firmer dollar, the three-month base metals prices on the London Metal Exchange are up across the board by an average of 0.8% this morning, Wednesday November 28. Nickel and tin are the outperformers with gains of 1.4% and 1.1% respectively.Copper prices are up by 0.8% at 4$6,160 per tonne. Volume has been average, with 5,147 lots traded as at 6.48am London time. The precious metals...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 13 points in pre-opening trade. Investors are waiting for a speech by Federal Reserve Chairman Jerome Powell to be released at the Economy Club of New York at noon.Index futures were virtually unchanged following release of U.S. third quarter real GDP at 8:30 AM EST. Consensus for second estimate of third quarter real...Read More
My 14-year-old daughter has taken it upon herself to help me with my holiday shopping.She’s been sending me links to everything from clothes to stocking stuffers to electronics that she wants under the tree for herself or her siblings.This week, she’s been joined by her brothers and sisters too!At this point I’m getting requests at all hours of the day. It’s like these kids...Read More
DR Congo: Is government intervention the real risk to watch?SPONSOREDverisk maplecroftMahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsIt is, or is almost, that time of year again where we are all required to pretend we like each other. ...Read More
In this Wall Street View, our host spoke with Brien Lundin, Publisher of the Gold Newsletter and Host of the New Orleans Investment Conference, at the New Orleans Investment Conference 2018.Gold Newsletter: https://jeffersoncompanies.com/gold-n...New Orleans Investment Conference: https://jeffersoncompanies.com/new-or...Subscribe NOW to Stock News Now: http://bit.ly/1Q5YfymNew videos are added alm...Read More
Doug Ramshaw, President, had the pleasure of being invited to the Osisko Dinner to discuss Minera Alamos' 3 operations in Mexico during the Metals Summit in Zurich, November 2018.Read More