CloseGain/LossGold $1222.80-$3.60Silver$14.57-$0.06XAU69.04-1.50%HUI153.48-1.35%GDM553.54-0.98%JSE Gold1165.95-28.97USD96.03+0.31Euro114.69-0.41Yen88.80-0.32Oil$69.36+$0.0810-Year3.197%+0.001T-Bond137.75+0.03125Dow25317.41-0.50%Nasdaq7468.63+0.26%S&P2755.88-0.43%  The Metals: Gold saw slight gains in Asia before it drifted down to $1220.50 by midmorning in New York and the...Read More

 CloseGain/LossGold $1222.80-$3.60Silver$14.57-$0.06XAU69.04-1.50%HUI153.48-1.35%GDM553.54-0.98%JSE Gold1165.95-28.97USD96.03+0.31Euro114.69-0.41Yen88.80-0.32Oil$69.36+$0.0810-Year3.197%+0.001T-Bond137.75+0.03125Dow25317.41-0.50%Nasdaq7468.63+0.26%S&P2755.88-0.43%  The Metals: Gold saw slight gains in Asia before it drifted down to $1220.50 by midmorning in New York and the...Read More

 CloseGain/LossGold $1222.80-$3.60Silver$14.57-$0.06XAU69.04-1.50%HUI153.48-1.35%GDM553.54-0.98%JSE Gold1165.95-28.97USD96.03+0.31Euro114.69-0.41Yen88.80-0.32Oil$69.36+$0.0810-Year3.197%+0.001T-Bond137.75+0.03125Dow25317.41-0.50%Nasdaq7468.63+0.26%S&P2755.88-0.43%  The Metals: Gold saw slight gains in Asia before it drifted down to $1220.50 by midmorning in New York and the...Read More

By Clint SiegnerThe outcome of the November 6th voting will be a big deal for investors, including gold and silver bugs. The metals, perhaps more than most other asset classes, are sensitive to geopolitics.Let's break down what the potential voting outcomes might mean for the factors currently driving the metals.Let's start with the equity markets. Stocks got a boost from President Trump's elect...Read More

TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.comTwitter: @Davcha12October 22, 2018 Q. Mr. President, the Democrats say that it's your economic policies that caused that downturn on Wall Street yesterday.The President. "Yes, it's funny, Bill [Bill Plante, CBS News], that I couldn't understand, at the beginning, t...Read More

By Frank HolmesStrengths? The best performing metal this week was palladium, up 1.41 percent. Philip Newman, founding director of Metals Focus, said this week that palladium is the new market favorite and could hit an all-time record high next year. This week spot gold held near its highest level since late July as holdings of gold-backed ETFs rose to the most since early Septemb...Read More

Huge recent imbalances in the gold futures market led many to predict that speculators (usually wrong at big turning points) would be forced to close out their historically extreme short bets. Put another way, too many traders were using gold futures contracts to bet that precious metals will go down, and when those bets are reversed out it will make gold and silver go up. Last week this predict...Read More

There were not many changes in gold, silver and mining stocks on Friday, and not much has changed in terms of the weekly closing prices either. Gold and gold stocks closed modestly higher, and silver was up by $0.01 last week (after declining $0.01 in the previous week). Some data sources point to $0.02 movement in both weeks, but the overall implication is the same - nothing really happened sin...Read More

By Gary SavageFor nine years now every time we have an intermediate degree correction the perma bears crawl out of the woodwork and start screaming the sky is falling. If you had listened to these people you would have missed one of the greatest bull markets in history.We had one of the most destructive bear markets in history in 2008/09. It stands to reason it should generate one of the stronge...Read More

By Keith WeinerLet's continue to look at the fiasco in the franc. We say "fiasco", because anyone in Switzerland who is trying to save for retirement has been put on a treadmill, which is now running backwards at - 3/4 mph (yes, miles per hour in keeping with our treadmill analogy). Instead of being propelled forward towards their retirement goals by earning interest that compounds, they are lo...Read More

By Avi GilburtThe general investment public usually applies the same principles when they choose how and when to invest their hard-earned money. (And we wonder why the general public always gets caught holding the bag at the highs and selling at the lows?) And, much of these "principles" are merely phrases which sound reasonable, but when analyzed, one realizes that they are lacking in substance...Read More

Full Article: THE ROSEN MARKET TIMING LETTERBy: RONALD L. ROSENSince the high of $21.225 in the week of July 8, 2016 silver bullion has consistently made lower peaks right into the week of October 17, 2018. However, ...... both the silver and gold shares have closed above their most recent peak. Could this be a sign of the resumption of the bull market in the precious metals complex? Having star...Read More

RAPAPORT... The New York branch of India's ICICI Bank has sued 11executives of diamond manufacturer Shrenuj & Co. and its associatedcompanies, alleging they engaged in fraudulent transactions. The defendants induced ICICI to extend loans to Mumbai-basedShrenuj's US subsidiary, Simon Golub & Sons, which Shrenuj then diverted tothree shell companies in the United Arab Emirates, the bank clai...Read More

RAPAPORT... Alrosa's sales increased in the third quarter amid strongerdemand and a shift to larger diamonds, the miner reported Monday. Revenue from rough stones rose 12% year on year to $949million for the three months ending September 30, the Russian company said. Whilesales volume fell 11% to 6.7 million carats, the average price of gem-qualitydiamonds grew 18% to $199 per carat. Prices h...Read More

RAPAPORT... Lucara Diamond Corp. will launch its first sale in Novemberusing its new digital platform that allows customers to obtain the exact rough diamondsthey need, it said Monday. The miner will upload a variety of diamonds to its Clarasystem, including stones from its Karowe mine in Botswana. It will also offer roughfrom other sellers, ranging from 1 to 15 carats in higher color grades...Read More

RAPAPORT... Mountain Province's sales dropped at its October tender amid a weaker Indian market, the miner said last week. The company sold 366,505 carats of rough diamonds from its GahchoKu?(C) mine for $24.2 million, at an average price of $66 per carat. It noted price declines for smaller and lower-quality diamonds in the mid-single-digit percentages. "We believe the price pressure is pre...Read More

RAPAPORT... A shorter working month cut into shipments of Swiss watches,which fell in September for the first time in a year and a half, according tothe nation's timepiece trade group. Exports slid 7% to CHF 1.65 billion ($1.66 billion), theFederation of the Swiss Watch Industry reported. Orders from Hong Kong, theSwiss trade's largest market, dipped 3.5% to CHF 205.9 million ($206.7million),...Read More

London-listed Petra Diamonds achieved a solid operational performance in the three months ended September 30 – the first quarter of its 2019 financial year.Production for the period increased by 21% year-on-year to 1.07-million carats, mainly as a result of a 25% increase in run-of-mine production to 1.02-million carats, but offset by planned reductions in tailings recoveries at the company&...Read More

(IDEX Online) - The organizers of CARAT+, the Antwerp trade show which was held for the past two years, said this year's fair will be postponed.   The 2019 edition was due to be held from February 10-12.   "For the past two years, Easyfairs and the CARAT+ team have been investing hard work, time and energy to create and develop a unique diamond-centered event in Antwerp," the organ...Read More

RAPAPORT... Sotheby's achieved its highesttotal for a Fine Jewels auction as an emerald ring sold for more than doubleits estimate in New York. The piece featured a lozenge-shaped,10.68-carat Colombian emerald with a baguette diamond on each side. It fetched $1.2million against a presale estimate of $300,000 to $500,000, realizing anaverage price of $113,764 per carat, the auction house said...Read More