CloseGain/LossGold $1226.40-$4.10Silver$14.52-$0.12XAU66.31-1.24%HUI147.83-1.33%GDM541.35-0.52%JSE Gold1137.32-24.70USD96.28-0.06Euro114.16+0.05Yen88.23-0.18Oil$62.21-$0.8910-Year3.219%+0.018T-Bond137.28125-0.28125Dow25635.01+0.68%Nasdaq7375.96+0.64%S&P2755.45+0.63% The Metals: Gold gained $5.40 to $1235.90 in London before it fell to as low as $1223.60 in early afternoon...Read More
How did that "exhaustive" investigation of the silver market by the U.S. Commodities Futures Trading Commission miss this? How will the World Gold Council and most monetary metals mining companies continue to miss it? How many more anti-trust lawsuits will this prompt? Anybody seen Blythe Masters lately?* * *Former JP Morgan Trader Pleads Guilty to Manipulating U.S. Metals Markets for Years By H...Read More
By Craig HemkeIt has been an odd and frustrating year for COMEX Digital Gold and Silver. However, conditions exist that could drive prices back to unchanged or even slightly positive by year end. Let's begin by noting why and how this year got sideways on us. We were on the record stating that COMEX gold would break out of its 5-year "bowl" pattern by late 2018. Why did we think this? See the ch...Read More
By Ira EpsteinAfter the election results we get the FOMC and then opportunity?https://www.iraepstein.com/ Read More
Graceland Updates By Stewart Thomson 1. US elections are here! 2. Please click here now. Double-click to enlarge this big picture chart for gold. 3. From both a technical and fundamental perspective, gold looks solid. 4. This chart suggests that whatever happens in the US election, it's going to be positive for gold.5. One of my biggest predictions for the...Read More
By Stefan GleasonGold is the metal of kings, the ultimate money, an eternal store of value, an untarnishable embodiment of beauty. Gold is all those things. But it is not the most valuable metal you can own on a cost-per-ounce basis.Often, platinum commands a higher price than gold. Lately, platinum has traded at an abnormally large discount to the yellow metal.Metals investors who want to hold...Read More
Today, Americans are choosing new members of Congress. Will there be a blue wave? Or maybe red? Some people say that hot economy will help Republicans - is that true? Let's read out today's article about the latest US nonfarm payrolls and find out how could they affect the mid-term elections and the gold market. Hourly Earnings Jump Above 3 Percent U.S. nonfarm payrolls accelerated in Octob...Read More
By Frank HolmesBy Photo:flickr/Joe Loong | Creative Commons Attribution 2.0 GenericThe world is more fragile today than it was in 2007. That's the opinion of former derivatives trader Nassim Taleb, whose bestseller, The Black Swan, is about how people make sense of unexpected events, especially in financial markets. True to form, he made a whole lot of money after predicting the global financial...Read More
CARACAS (Reuters) - Venezuela is seeking to repatriate about $550 million in gold bars from the Bank of England because of fears it could be caught up in international sanctions on the country, two sources with direct knowledge of the effort told Reuters.Source: ZeroHedgeVenezuela's hard currency holdings have dwindled as existing U.S. financial sanctions have effectively blocked President Nicol...Read More
COMEX FUTURES REPORT - Happy Kali PujaGold and silver should break free from the recent consolidation phase and form a new range. Copper and crude oil will be very volatile. I prefer to stay away from intraday trades in crude oil. No one knows what will be the effect on crude prices due to Iran sanctions. Risk traders should invest in crude oil for the year end with a stop loss below $58.30. T...Read More
CloseGain/LossGold $1226.40-$4.10Silver$14.52-$0.12XAU66.31-1.24%HUI147.83-1.33%GDM541.35-0.52%JSE Gold1137.32-24.70USD96.28-0.06Euro114.16+0.05Yen88.23-0.18Oil$62.21-$0.8910-Year3.219%+0.018T-Bond137.28125-0.28125Dow25635.01+0.68%Nasdaq7375.96+0.64%S&P2755.45+0.63% The Metals: Gold gained $5.40 to $1235.90 in London before it fell to as low as $1223.60 in early afternoon...Read More
Chemesis International Inc. (CSI:CSE)(CADMF:NASDAQ), has made a bold and strategic move by acquiring 100% of La Finca Interacviva-Arachna Med.La Finca has access to over 1000 acres of outdoor cultivation land and is aggressively exploring opportunities to expand. Currently, La Finca has relationships with over 2,000 farming families across Colombia through various co-ops that comprise its land pac...Read More
Harvey is reporting on a lot of activity going on with silver at the COMEX. There is a gigantic amount of silver standing for delivery. Here are the details...by Harvey Organ of Harvey Organ BlogNOV 5/MARKETS SURGE ON LATEST RASMUSSEN POLL WHICH GIVES THE REPUBLICANS IN THE LEAD AND THEY CLAIM REPUBLICANS WILL TAKE BOTH HOUSES/GOLD DOWN $1.05 TO $1230.70.SILVER DOWN 9 CENTS TO $14.65/QUEUE JUMPING...Read More
Peter KrauthThe price of silver struggled in the early part of last week as the dollar gained and stocks retreated.Silver prices gave back about 2.6% in just two days. That would be a short-term blip, with silver quickly regaining all those losses in the next two days.October was brutal to stocks, with major indexes losing anywhere from 11% to almost 15%. By contrast, the silver price was down jus...Read More
RAPAPORT... Pandora has lowered its revenue expectations for the thirdtime this year following a disappointing quarter, and will implement a new programto cut costs. The Danish retailer had an "unsatisfactory" third quarter,with global sales down 4% year on year to DKK 4.98 billion ($761.5 million). Theretailer has therefore reduced its full-year revenue-growth outlook to between2% and 4%, fr...Read More
RAPAPORT... Chinese e-commerce giant Alibaba will collaborate with theAntwerp World Diamond Centre (AWDC) to bring Belgian diamonds to Chineseconsumers. Through the partnership, Shape of Antwerp diamonds will besold exclusively on the Chinese retailer's Tmall online marketplace. "Chinese consumers love Antwerp diamonds, and China is thesecond-largest market in the world for polished diamonds...Read More
RAPAPORT... Lev Leviev faces questioning over diamond-smugglingallegations that have led to six of his relatives and employees being arrested,according to reports.Israeli police detained Zevulun and Moshe Leviev, thetycoon's son and brother, who ran a factory that Lev Leviev owned, according toThe Times of Israel. The other four suspects held senior positions in thetycoon's companies, the report s...Read More
RAPAPORT PRESS RELEASE, November 6, 2018, New York... Polished-diamond prices softened in October as inventory levels rose ahead of the Diwali festival. Despite the decline, sentiment improved, with expectations growing for the US holiday season. The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds fell 0.9% in October. The index was up 1.3% since the beginning of the year and 0.7% from a year...Read More
(IDEX Online) - CIBJO, the World Jewellery Confederation, has been certified as being carbon neutral in 2017, the fifth straight year that offset its greenhouse gas emissions through the purchase of carbon credits. It did so as part of the CIBJO Greenhouse Gas Measurement Initiative that was launched several years ago to promote environmental consciousness and responsibility in the jewelry...Read More
RAPAPORT... Global demand for gold jewelry rose 6% year on year to 535.7tonnes in the third quarter, as reduced prices drove consumer purchasing, theWorld Gold Council (WGC) said. Orders for gold jewelry in India climbed 10% to 148.8 tonnesin the three months ending September 30, as the price of gold dipped to itslowest level since January. In addition, the sharp growth was also due to relati...Read More