The apocalyptic fires that hit California last month have left observers scratching their heads and wondering how destruction on that scale could be possible - and how much it will cost in the future if the causes aren't addressed immediately. This morning's Wall Street Journal concludes that 1) the problems aren't being addressed and 2) this failure is going to cost a fortune that no government...Read More
By Steve St. AngeloOver the past week, the gold and silver prices have held up rather well compared to the overall markets. While precious metals investors still fear that a huge sell-off in the gold and silver prices will take place during the next market crash, it seems that the metals continue to be very resilient during large market corrections.Now, I am not saying that the metals prices c...Read More
November saw a continuation of significant trading in gold swaps by the Bank for International Settlements. After falling in August and September, the BIS' purchases of gold via gold swaps soared in October, falling back by around 64 tonnes in November. The BIS publishes a monthly statement of account that provides enough information to estimate the bank's level of trading in gold swaps and othe...Read More
By Gary SavageListen to what gold is saying. It's not deflation that we have to worry about. We're about to enter a multi year period of rising inflation. Seriously did you think years of QE weren't going to have consequences at some point?For a long time I've maintained several key macro views.Gold started a new bull market in late 2015.The dollar started a secular bear market in early 2017.Sto...Read More
RAPAPORT... Petra Diamonds has offloaded its Helam mine in South Africa fora total price of ZAR 200 ($14). Petra put the asset on care and maintenance in 2015 after failingto find a suitable buyer, and hasn't carried out any mining there since. It hasnow sold it to Lindleys Mining to support a South African government program toprolong the lives of deposits facing closure, Petra said last week. T...Read More
RAPAPORT... Global Witness is calling for improved transparency in Zimbabwe's diamond sector, pitching it as a test case for the new president's economic reforms."The new government's handling of the Marange diamond industry will be a clear indication of whether its commitments to economic reform and anti-corruption go beyond lip service," Sophia Pickles, campaign leader for the organization,...Read More
RAPAPORT... Canada's Northwest Territories (NWT) has abolished its banon diamond manufacturers sending rough to other locations for processing,potentially enabling significant cost savings for the industry. Rules in place since 1999 have required the region's cutting-and-polishingfirms to keep all their goods inside the NWT for manufacturing. That has restrictedgrowth, as diamonds cost about...Read More
RAPAPORT... Blue Nile has appointed former Starbucks executive AlexandraWheeler as chief marketing officer. Wheeler will lead the company's brand-marketing andcustomer-experience teams. She will focus on creating an "integrated andmeaningful brand experience" for Blue Nile's digital customers, Blue Nile CEOJason Goldberger said last week. Wheeler was vice president of global digitalmarketing...Read More
RAPAPORT... Sotheby's has divided the responsibilities of its chief operating officer, hiring two new executives to replace the departing Adam Chinn.The auction house has appointed John Cahill (pictured, above), a founding partner of art-law firm Cahill Cossu Noh & Robinson, and former general counsel at Phillips, as executive vice president and chief commercial officer. He will be respon...Read More
(IDEX Online) - The global diamond industry emerged stronger in 2017 with 2 percent growth across all segments of the value chain, following a period of high volatility, according to the Bain & Company report on the industry's performance in 2017 and the first half of this year. In line with positive luxury market trends, global diamond jewelry sales grew last year, fueled by stro...Read More
(IDEX Online) - Lucapa Diamond Company said that commercial diamond recoveries have commenced at the new treatment plant at the Mothae diamond mine in Lesotho. Managing Director Stephen Wetherall said the commencement of commercial recoveries through the new 1.1Mtpa Mothae plant represented another key milestone in Lucapa's strategic development plan. "Lucapa is on track to become on...Read More
One of the major drags on the market, besides trade wars, has been uncertainty about whether the Fed will raise rates this month. Despite the verbal bravado of Federal Reserve Chairman, Jerome Powell, over how strong the U.S. economy is, he doesn't live in a vacuum.Powell's borne the brunt of President Trump's recent accusations that the Fed's hikes are what's hurting the stock market and threaten...Read More
#BaDArt #Riches #TommyLeeSparta #Shaneo Tommy Lee Sparta & Shaneo performing "Riches"Produced by Singer J MusicFollow & Support Tommy Lee Sparta:https://www.instagram.com/tommyleespa...Follow & Support Shaneo:https://www.instagram.com/shaneo876_w...http://vevo.ly/fKIit1Read More
OFFICIAL MERCH NOW AVAILABLE: https://shop.bbtv.com/collections/bra...IG: @brandonbored Shot by GABRIEL GONZALEZ IG: @mooninthemilk Produced by JONATHAN HINMANhttps://www.youtube.com/channel/UCQ6J...Song when Jesus enters: FairyTale Waltz by Kevin MacLeod is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/...)Source: http://incompetech.com/musi...Read More
GoldSeek Radio's Chris Waltzek talks to Harry S Dent Jr http://www.harrydent.com/ and to Bob Hoye of Institutional Advisors http://www.institutionaladvisors.com/http://www.goldseek.com/ http://radio.goldseek.comRead More
Rick Rule shares with us on SBTV his valuable observations of investing the contrarian way and investor psychology needed to survive a bear market. We find out how Rick views physical gold and other resources that are on his radar at this moment.Discussed in this interview:01:11 Investing the contrarian way.04:43 Investor's psychology in a bear market.08:11 A bear market is a sale.10:10 Ascent of...Read More
The effects of tax cuts are wearing off heading into 2019 and earnings are showing signs of weakening according to Ed Clissold of Ned Davis ResearchContinue...Read More
In order to protect himself from the military/security complex, President Trump has abandoned his intention of normalizing relations with Russia. Just as the neoconservative Continue...Read More
Tommy Robinson UKIP Brexit March Part 1Read More
Rick Rule shares with us on SBTV his valuable observations of investing the contrarian way and investor psychology needed to survive a bear market. We find out how Rick views physical gold and other resources that are on his radar at this moment.Rick Rule is the President & CEO of Sprott USA Holdings(http://www.sprottusa.com).Discussed in this interview:01:11 Investing the contrarian way.04:43 Inv...Read More