The youngest brother of Saudi Arabia's King Salman has returned from self-imposed exile to "challenge" Crown Prince Mohammed bin Salman (MbS) "or find someone who can," Continue...Read More
A BMO Capital Markets report reviewed this multinational company's Q3/18 numbers and Q4/18 outlook. In an Oct. 26, 2018, research note, BMO Capital Markets analyst Edward Sterck reported that due to a "slightly light" Q3/18 for Glencore International Plc (GLEN:LSE), for it to meet the lower end of 2018 guidance will require "a 6% acceleration of output in Q4/18 versus Q3/18, which is certainly po...Read More
A ROTH Capital Partners report explained why this mining stock warranted an uprating. In an Oct. 25 research note, analyst Andrew Kaip reported ROTH Capital Partners upgraded its rating on Goldcorp Inc. (G:TSX; GG:NYSE) to Outperform based on the market's recent "over-reaction," which resulted in an 18.7% drop in its stock price. The company is trading at a "significant" discount to peers, at aro...Read More
Gold and silver moved lower on Wednesday and and have hit three-week and four-week lows, respectivelyContinue...Read More
This Canada-based mining firm relayed its recent exploration efforts. Carol Structure at Palamina's Bendi ProjectPalamina Corp. (PA:TSX.V; PLMNF:OTC.MKTS) announced that it has completed a 3,000 line-kilometer heli-borne geophysical survey over its Coasa, Gaban and Cori gold projects in Peru, and the collected data are currently being processed. The goal is to better understand the geological str...Read More
CloseGain/LossGold $1216.90-$6.70Silver$14.28-$0.20XAU64.28-1.77%HUI142.82-1.66%GDM525.44-1.36%JSE Gold1163.80-6.70USD97.01+0.02Euro113.25-0.20Yen88.62-0.03Oil$65.31-$0.8710-Year3.147%+0.028T-Bond138.25-0.65625Dow25115.76+0.97%Nasdaq7305.90+2.01%S&P2711.74+1.09% The Metals: Gold fell $11.50 to $1212.10 by midmorning in New York before it bounced back higher at times, but...Read More
CloseGain/LossGold $1216.90-$6.70Silver$14.28-$0.20XAU64.28-1.77%HUI142.82-1.66%GDM525.44-1.36%JSE Gold1163.80-6.70USD97.01+0.02Euro113.25-0.20Yen88.62-0.03Oil$65.31-$0.8710-Year3.147%+0.028T-Bond138.25-0.65625Dow25115.76+0.97%Nasdaq7305.90+2.01%S&P2711.74+1.09% The Metals: Gold fell $11.50 to $1212.10 by midmorning in New York before it bounced back higher at times, but...Read More
CloseGain/LossGold $1216.90-$6.70Silver$14.28-$0.20XAU64.28-1.77%HUI142.82-1.66%GDM525.44-1.36%JSE Gold1163.80-6.70USD97.01+0.02Euro113.25-0.20Yen88.62-0.03Oil$65.31-$0.8710-Year3.147%+0.028T-Bond138.25-0.65625Dow25115.76+0.97%Nasdaq7305.90+2.01%S&P2711.74+1.09% The Metals: Gold fell $11.50 to $1212.10 by midmorning in New York before it bounced back higher at times, but...Read More
By Ira EpsteinDollar rally kills gold rally. https://www.iraepstein.com/ Read More
TSX Venture Exchange (TSX-V): GRG Frankfurt Stock Exchange (FSE): G6A OTCQB Venture Market (OTCQB): GARWF VANCOUVER, Oct. 31, 2018 /CNW/ - Golden Arrow Resources Corporation (TSX-V: GRG, FSE: G6A, OTCQB: GARWF), "Golden Arrow" or the "Company") is pleased to announce that the Company has entered into a Definitive Agreement (the "Agreement") to acquire up to 100% of the Indiana gold-copper p...Read More
By Craig HemkeA small move in price enables The Banks to lay the shorts right back on. Just three weeks ago, we warned you to ignore newsletter pundits who were claiming that one day soon, The Banks that operate on the COMEX will be long and on the side of the regular investor/stacker. As with all nonsense, this sentiment ignores reality. Before reading further, I urge you to read this post from...Read More
By David SmithLast month in this space, I penned an essay titled "Are Silver and Gold 'at the Flood'"?. A few weeks later, two other essays on another widely-read site discussed this topic from the same perspective and sourcing - a case of "great minds thinking along similar lines"?Please take time to read or review that Money Metals Exchange Post of August 28.I made the case of a misalignment i...Read More
By Avi GilburtI am starting to see evidence of serious stress from investors based upon the tone of the some of the comments I am seeing in my articles on the market. Well, at least from those who did not heed my warnings.In fact, even though I warned about this type of drop well before it happened, some investors were taking their anger out on me even though the market did exactly what I warned...Read More
Is it safe to go back in the water? Merely asking that question is to suggest that only an imbecile would dive fearlessly back in the drink. Even so, there are most surely enough imbeciles to keep stocks buoyant in the days or even weeks ahead. If they eventually are joined by panic-stricken bears as sometimes happens, we could see a rally capable of persuading otherwise sane folks on the sideli...Read More
(by Reuters from BOSTON, LBMA)The price of gold is expected to rise to $1,532 an ounce by October next year, delegates to the London Bullion Market Association's (LBMA) annual gathering predicted on Tuesday.Gold in USD (10 Years)A poll of delegates at the LBMA conference in Boston also predicted higher prices in a year's time for silver, platinum and palladium.Spot gold has had a difficult few m...Read More
SD Midweek: The question is whether the window is just now opening, or will it quickly slam shut? Here's some insight...President Trump sure is getting nervous, and if I'm right about my theory that the Globalists/Deep State plan to crash the stock market into the mid-term elections, then there is every reason for him to be nervous.As such, we did not just get one Tweet about the stock market yest...Read More
RAPAPORT... A blue diamond ring estimated at $9 million to$12 million will go under the hammer at Sotheby's Geneva auction on November 15alongside a roster of rare colored diamonds.The rectangular-cut, 5.04-carat, fancy-vivid-blue piece is oneofthree blue diamonds set to feature at the Magnificent Jewels and Noble Jewels sale.The auction will also include earrings containing a 2.61-...Read More
RAPAPORT... Bonhams's jewelry sale in Hong Kong will spotlight a rarenecklace featuring the largest collection of chameleon diamonds offered atauction, according to the company. The piece - which will lead the Rare Jewels andJadeite sale on November 25 - includes nine diamonds weighing atotal of 13.87 carats. The necklace carries a presale estimate of HKD 1.6million to HKD 3 million ($204,000...Read More
RAPAPORT... Gemfields has recovered a 5,655-carat emerald at itsKagem mine in Zambia, it said Monday. "The discovery of this exceptional gemstone is such animportant moment both for us and for the emerald world in general," said ElenaBasaglia, a gemologist at Gemfields in London. "We are experiencing strikinglyincreased demand for high-quality Zambian emeralds from the major brands,particularly in...Read More
RAPAPORT... Source-verification programs are poised to become a standard feature of diamond sales, with early adopters set to gain market share.The question of whether a diamond could be traced throughout the distribution chain initially met with some skepticism. Back in 2011, as rough production from Zimbabwe's controversial Marange fields was being cleared for export by the Kimberley Proces...Read More