Recent News

Gold Seeker Closing Report: Gold and Silver Continue Lower

November 06, 2018 / news.goldseek.com

 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

Ex-Morgan trader pleads guilty to rigging monetary metals, implicates supervisors at bank

November 06, 2018 / news.goldseek.com

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

Into Year End with Gold and Silver

November 06, 2018 / news.goldseek.com

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

Ira Epstein's Metals Video 11 6 2018

November 06, 2018 / news.goldseek.com

By Ira EpsteinAfter the election results we get the FOMC and then opportunity?https://www.iraepstein.com/ Read More

Gold Stocks Meet The Beach Boys

November 06, 2018 / news.goldseek.com

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

A Tale of Two Metals: One WAY More Valuable Than Gold, The Other Historically Undervalued

November 06, 2018 / news.goldseek.com

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

Blue or Red Wave? Or Maybe a Gold One?

November 06, 2018 / news.goldseek.com

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

The "Black Swan" Author Just Issued a Powerful Warning About Global Debt

November 06, 2018 / news.goldseek.com

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

Venezuela Seeks To Repatriate $550 Million Of Gold From London

November 06, 2018 / news.goldseek.com

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

Asian Metals Market Update: Nov 6 2018

November 06, 2018 / news.goldseek.com

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

Gold Seeker Closing Report: Gold and Silver Continue Lower

November 06, 2018 / news.goldseek.com

 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. SIGNS BINDING AGREEMENT

November 06, 2018 / juniorgoldreport.com

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 Organ: Lots Of Silver Activity At The Comex - Somebody Needs A Large Supply Of Physical

November 06, 2018 / www.silverdoctors.com

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

Why the Price of Silver Could Rally Following the Midterm Elections

November 06, 2018 / moneymorning.com

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

Pandora Slashes Sales Forecast

November 06, 2018 / www.diamonds.net

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

Alibaba Strikes Deal with Antwerp Trade

November 06, 2018 / www.diamonds.net

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

Police May Question Lev Leviev

November 06, 2018 / www.diamonds.net

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

Diamond Prices Slide Before Diwali Break

November 06, 2018 / www.diamonds.net

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

CIBJO Certified As Being Carbon Neutral For Fifth Consecutive Year

November 06, 2018 / www.idexonline.com

(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

Lower Prices Boost Gold Jewelry Demand

November 06, 2018 / www.diamonds.net

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

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