My research team and I went off on a wild tangent trying to identify how the markets could react to the recent spike in price activity on Monday, November 9, 2020. This is the day that Pfizer announced a 90% effective rate with its new COVID-19 vaccine, causing the US stock market to skyrocket higher before the opening bell in New York. As with most pop-and-drops, this incredible upside spik...Read More
RAPAPORT... Jonathan Kendall, a key executive in De Beers' downstream activities, will retire at the end of the year following two decades with the business.Kendall was most recently president of De Beers Group Industry Services - the miner's grading unit - and of the company's Institute of Diamonds. In that role, he oversaw the building of laboratories in Antwerp and in Surat, India, De Beer...Read More
RAPAPORT... Prices of fancy-color diamonds slipped 0.7% in the first nine months of the year, remaining relatively steady despite the coronavirus pandemic, the Fancy Color Research Foundation (FCRF) said."The [Fancy Color Diamond Index] displayed a general stability in relation to this chaotic period," the FCRF noted last week.The index for yellows slipped 0.3% for the three months ending Sep...Read More
RAPAPORT... Sodiam, Angola's state diamond company, has opened a jewelry store, its latest attempt to boost the local trade in the mining-focused country.The launch in Luanda, the capital, is a partnership with Hong Kong-based polished manufacturer KGK Diamonds, which opened a cutting factory in Angola last year, Sodiam said Thursday. The organizations marked the store's opening with an exhib...Read More
RAPAPORT... Dominion Diamond Mines plans to recall approximately 60 of its furloughed workers in December to prepare for a restart at its Ekati mine in Canada.Operations at the deposit, which has been shut since March due to Covid-19, will restart after lenders told Dominion they were close to finalizing an agreement to restructure its debt and fund the company, the miner said Friday. The news is...Read More
(IDEX Online) - Dominion, the troubled Canadian miner, is to recall about 60 furloughed employees in the hope that that its Ekati mine will soon resume operations.The deposit has been closed since March and Dominion, the world's third largest producer of rough diamonds by value, subsequently filed for insolvency protection.It expects to reach agreement soon to restructure its debt and secure...Read More
(IDEX Online) - Elvis Presley's custom-made gold ring, featuring a 7.56ct VS2 diamond, could fetch as much as $1m when it is auctioned later this month.It is among the headline lots at a sale of showbiz memorabilia in Los Angeles, USA.The ring was designed by the King with the TCB logo - Taking Care of Business - the name he gave to his band, together with a pair of lightning bolts.The ring (...Read More
(IDEX Online) - The price of fancy color diamonds fell by 0.7 per cent in Q3 after sales came to a halt in April because of coronavirus.The New York-based Fancy Color Research Foundation (FCRF) has produced its first quarterly index of 2020. Business was to slow in previous quarters to provide sufficient data.Its figures compare Q3 2020 with Q4 2019 and show declines of -0.8 per cent for pin...Read More
The Northern Miner's Global Mining Symposium virtual conference this week - the second one this year - was yet another resounding success, with thousands of viewers tuning in from around the world to hear the views of some of the industry's leading visionaries and entrepreneurs. From Haywood Securities co-founder and Canadian Mining Hall of Fame inductee David Elliott to Rob McEwen of McEwen Minin...Read More
Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, look at the macroeconomic factors they believe will move gold higher. The gold market entered a period of increased volatility during the third quarter, usually a positive indicator for the metal. A growing number of investors and analysts recommended the accumulation of gold as it began to move out of the shadows and into the spotlight. Gl...Read More
My research team and I went off on a wild tangent trying to identify how the markets could react to the recent spike in price activity on Monday, November 9, 2020. This is the day that Pfizer announced a 90% effective rate with its new COVID-19 vaccine, causing the US stock market to skyrocket higher before the opening bell in New York. As with most pop-and-drops, this incredible upside spik...Read More
Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, look at the macroeconomic factors they believe will move gold higher. The gold market entered a period of increased volatility during the third quarter, usually a positive indicator for the metal. A growing number of investors and analysts recommended the accumulation of gold as it began to move out of the shadows and into the spotlight. Gl...Read More
My research team and I went off on a wild tangent trying to identify how the markets could react to the recent spike in price activity on Monday, November 9, 2020. This is the day that Pfizer announced a 90% effective rate with its new COVID-19 vaccine, causing the US stock market to skyrocket higher before the opening bell in New York. As with most pop-and-drops, this incredible upside spik...Read More
RAPAPORT... Prices of fancy-color diamonds slipped 0.7% in the first nine months of the year, remaining relatively steady despite the coronavirus pandemic, the Fancy Color Research Foundation (FCRF) said."The [Fancy Color Diamond Index] displayed a general stability in relation to this chaotic period," the FCRF noted last week.The index for yellows slipped 0.3% for the three months ending Sep...Read More
Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, look at the macroeconomic factors they believe will move gold higher. The gold market entered a period of increased volatility during the third quarter, usually a positive indicator for the metal. A growing number of investors and analysts recommended the accumulation of gold as it began to move out of the shadows and into the spotlight. Gl...Read More
My research team and I went off on a wild tangent trying to identify how the markets could react to the recent spike in price activity on Monday, November 9, 2020. This is the day that Pfizer announced a 90% effective rate with its new COVID-19 vaccine, causing the US stock market to skyrocket higher before the opening bell in New York. As with most pop-and-drops, this incredible upside spik...Read More
Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, look at the macroeconomic factors they believe will move gold higher. The gold market entered a period of increased volatility during the third quarter, usually a positive indicator for the metal. A growing number of investors and analysts recommended the accumulation of gold as it began to move out of the shadows and into the spotlight. Gl...Read More
My research team and I went off on a wild tangent trying to identify how the markets could react to the recent spike in price activity on Monday, November 9, 2020. This is the day that Pfizer announced a 90% effective rate with its new COVID-19 vaccine, causing the US stock market to skyrocket higher before the opening bell in New York. As with most pop-and-drops, this incredible upside spik...Read More
We have posted the November 14th Insights: Canada is a prime candidate for interest rate caps. Topics include inflation, debt, deflation surprise, the Austrian case for bitcoin, US pot stocks and ringing the bell at Pfizer (PFE).Click here to read our free newsletter. Canadian Insider Club and Ultra members can receive a PDF version of this newsletter via emailed when published. Just check the Re...Read More
Firepower boosts equity markets on back of Covid-19 vaccine breakthroughRead full newsRead More