Jingle bells have not rung for any investment class towards the close of the year. We all read about heaven and hell on our religious books. In the "Kaalyug" (technological age as per Hindu scriptures), most of the people go to hell as they perform more bad deeds than good deeds. In financial language heaven is profit and hell are investment and trading losses. Most of us go to hell as we incur...Read More
Harvey says JP Morgan was adding silver for most of 2017, and now the bullion bank has added nearly every single day this year. Here's an update...by Harvey Organ of Harvey Organ BlogDEC 19/THE FED CONTINUES TO BE RECKLESS AS THEY RAISE INTEREST RATES 1/4% IN A DECLINING ECONOMY AND ARE HAWKISH GOING INTO 2019//USA RATES ARE INVERTING INDICATING RECESSION/ DOW JONES FALTERS OVER 350 POINTS/GOLD CL...Read More
Dear Friends,Greetings and best wishes for a happy, healthy, prosperousand peaceful New Year. The New Year is an important time for introspection. Forthinking about our past, present and future. This New Year has special importance for the Rapaport Groupas we celebrate 40 years of continuous publication of the Rapaport DiamondReport. While it is nice to announce longevity, celebrate survival and s...Read More
Positive sentiment in final sales-week beforeChristmas. Fashion jewelry for self-empowered women driving growth. Polishedtrading quiet as US and Belgium firms close for holidays. Dealers hoping strongUS shopping will stimulate wholesale demand in the first quarter. Chinesejewelers preparing for Feb. 5 Lunar New Year. Indian manufacturers cautious, withfactories below capacity after India's Nov. ro...Read More
Cautious sentiment amid rumors of furtherbankruptcies and job cuts among manufacturers. Polished production well belowcapacity, with some small- and medium-size factories still closed since Diwali.Stable rough demand from sightholders at last week's De Beers sight. Shortage ofbetter-quality SIs expected, as new production will only be available in mid-firstquarter. Steady consumer interest during...Read More
RAPAPORT... Swiss watch exports grew last month at their fastest ratefor two years amid an upturn in orders from the US and increased shipments ofhigh-end timepieces. Total exports rose 3.9% year on year to CHF 2.06 billion($2.09 billion) for the month, the Federation of the Swiss Watch Industryreported Thursday. "The strongest increase was in the US, the second-mostimportant market, ag...Read More
RAPAPORT... Lucapa Diamond Company brought in $1.5 million at a sale of goods from its Mothae mine, with individual stones fetching up to $15,000 per carat.The Australia-based miner sold 4,000 carats of rough diamonds it recovered during initial bulk sampling at its assetin Lesotho, which began commercial production earlier this month, it said Thursday.Last week, Lucapa recovered a 78-carat w...Read More
RAPAPORT... The second-largest diamond in history was probably twice as big before it broke into pieces, researchers at the Gemological Institute of America (GIA) have claimed.Similarities between the 1,109-carat Lesedi La Rona, the 812-carat Constellation and three other stones suggest they were all one large piece of rough weighing at least 2,774 carats beforevolcanic eruptions or mining process...Read More
RAPAPORT... Whether it's a blessing or curse, we're certainly living in interesting times, and 2018 delivered a host of standout developments that will have a lasting impact on the diamond industry. In the latest Rapaport Diamond Podcast, the editorial team looks back at some of the key themes that shaped the year in our coverage on Diamonds.net. What were the biggest stories of the year...Read More
(IDEX Online) - The Dubai Diamond Exchange (DDE) is to join the MyKYCBank platform of India's Gem & Jewellery Export Promotion Council. Ahmed Bin Sulayem, Executive Chairman of DMCC, and Chairman of DDE, and Pramod Kumar Agrawal, Chairman, GJEPC, signed the agreement which enables DMCC members trading in diamonds, gold and precious stones to join the MyKYCBank platform. DM...Read More
(IDEX Online) - Lucapa Diamond Company Limited has announced the finalization of S$7 million in development funding from the Industrial Development Corporation of South Africa (IDC) for its Mothae kimberlite diamond mine in Lesotho. The funding from the IDC, which is one of the largest development financiers in southern Africa, followed the execution of the loan and ancillary agreements and...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were up unchanged in pre-opening trade. Index futures were virtually unchanged following release of economic news at 8:30 AM EST. Consensus for Weekly Initial Jobless Claims was an increase to 225,000 from 204,000 last week. Actual was an increase to 214,000. Consensus for December Philly Fed Index was 12.0 versus 12.9 in Novem...Read More
Before I began my business career, my rich dad insisted that I learn to be a real estate investor. At first, I thought he wanted me to invest in real estate simply for the real estate itself. As the years went on and my base of education grew, I came to better understand the bigger picture of the world of investing.Rich dad said, "If you want to be a sophisticated investor, you must train your min...Read More
Vancouver, British Columbia (December 20, 2018) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) announces that step-out diamond drill holes at the Pilar Grande area of the Manto Negro Copper Project in Coahuila State, Mexico continues to intersect copper-silver mineralization. Drilling at the El Granizo site has encountered complex faulting th...Read More
The junior exploration and development scene is still in high gear in North America, with many juniors planning for extensive work programs in 2019 at precious and base metal projects across the Americas. Here is a look at eight such companies.BARKERVILLE GOLD MINESBarkerville Gold Mines (TSXV: BGM; US-OTC: BGMZF) is exploring and developing the historic Cariboo mining district of central British...Read More
A Wisconsin district court has dismissed a lawsuit by the Menominee Indian Tribe of Wisconsin's lawsuit against both the United States Environmental Protection Agency and the U.S. Army Corps of Engineers that alleges they should have presided over Aquila Resources' (TSX: AQA; US-OTC; AQARF) wetlands permit application for its Back Forty Creek polymetallic project in Michigan.The Michigan Departme...Read More
Junior explorer Supreme Metals (TSXV: ABJ) has identified a large magnetic anomaly on its Bloom Lake East property in Labrador, about 2.5 km to the east of Champion Iron Mines' (TSX: CIA) flagship Bloom Lake open-pit mine and mill, near Fermont in Quebec.The 2.5 km long magnetic anomaly, defined in a recent magnetometer survey done by drone, is about 15 km from the Wabush mines of Iron Ore Company...Read More
Mahenge 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 mineralsSustained investment in people a big plus for consultancySPONSOREDbyrnecutDuring 2017, I wrote two ‘From the Capital' columns about ASX-listed Mustang Resources. The first, published on Read More
Mahenge 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 mineralsSustained investment in people a big plus for consultancySPONSOREDbyrnecutNo one likes to be told what to do and I am no exception. All of us are brilliant, we all have superb judgement, we kno...Read More
Bond King Jeffrey Gundlach on CNBC using classic Peter Schiff analogy used recently on the Joe Rogan PodcastSIGN UP FOR MY FREE NEWSLETTERhttp://www.europac.net/subscribe_free...Schiff Gold News: http://www.SchiffGold.com/newsOpen your Goldmoney account today: https://www.Goldmoney.com/Buy my newest book at http://www.tinyurl.com/RealCrashLike and follow Peter Schiff on Facebookhttp://www.Facebook...Read More