Technical analyst Clive Maund charts warning signs of a Fed-driven stock market downturn. There is a now widespread, universally held belief, especially among "dumb money" market participants, that the markets cannot drop because the Fed is going to keep creating money in ever greater quantities to throw at them, pumping them higher and higher. This erroneous belief appears to be based on an assu...Read More
The Critical Investor takes an in-depth look at Treasury Metals and its new acquisition in Ontario. Treasury Metals Inc. (TML:TSX: TSRMF:OTCBB) recently surprised the markets with the raising of C$11.5 million in an oversubscribed financing, after announcing the pretty interesting all-equity acquisition, worth C$44 million in shares at the time of the news release, of the neighboring Goldlund ope...Read More
It's hard to see how they can get out of a SHOCKING DELIVERY NOTIFICATION EVENT!by Bix Weir of Road to RootaWith the September COMEX open interest RISING to over 130,000 contracts it's hard to see how they can get out of a SHOCKING DELIVERY NOTIFICATION EVENT in less than 19 trading days! Got Silver!!Read More
There was a remarkable change in the dynamics controlling the silver market, indicating much higher prices to come... by Steve St Angelo of SRSrocco ReportSomething quite interesting took place in the silver market last week. There was a remarkable change in the dynamics controlling the silver market, indicating much higher prices to come. In my newest video update, I explain the positive ch...Read More
We are now entering a transition stage, the world is watching...Lior Gantz interviewed on X22 Report SpotlightLior discusses the economy on how gold and silver are going to make higher gains. Lior says that gold and silver are not in a bubble and inflation is a future marker, watch the 2% marker that the Fed puts out. We are now entering a transition stage, the world is watching.Read More
RAPAPORT... De Beers is no stranger to changing strategy. Throughout its 130-plus-year history, the company has often adjusted its approach, sometimes with just a few tweaks, and on other occasions with radical consequences for the diamond market. Its next incarnation implements a bit of both as the company aims to emerge from the Covid-19 crisis a sleeker, more flexible and more tech-savvy o...Read More
RAPAPORT... Mumbai-based diamond manufacturer Asian Star believes jewelry demand will remain sluggish through the end of the quarter as the coronavirus weighs on consumer spending."Economic disruption caused by Covid-19 has changed consumer behavior, as people have become conservative in spending," the company said last week. "Consumer sentiment is expected to improve over a period of time.... The...Read More
RAPAPORT... New Jersey-based jewelry manufacturer Frederick Goldman has appointed Judah Zeigler vice president for business-to-business (B2B) e-commerce.He will be responsible for developing and leading all of Frederick Goldman's efforts in the field, in particular overseeing initiatives to help retailers identify and make best use of digital growth opportunities, the company said Thursday. H...Read More
(IDEX Online) - Australian miners Lucapa hopes to resume operations at its Mothae mine, in Lesotho, which has been closed since March because of the COVID-19 pandemic. "The Mothae diamond mine is an important contributor to the Basotho nation and Lucapa's strong marketing proposal, we believe, will see the full value of the Mothae kimberlite mine unlocked," said CEO Stephen Wetherall in a sta...Read More
(IDEX Online) - Arctic Star is going it alone with plans to explore an area of Canada's Northwest Territories for diamonds.The Vancouver-based miner says it will invest $1.6m in a year-long drilling at the 25,000-hectare Diagras site, near the Arctic Circle, staring next spring, when work is most economic.Arctic Star is the 40 per cent partner in a joint venture with Margaret Lake Diamonds, w...Read More
(IDEX Online) - A rabbi's wife discovered on TV that a pearl and diamond ring she inherited was Van Cleef & Arpels, was worth $60,000 - twice as much as she thought.She told the Antiques Roadshow in the USA how her husband had been asked to officiate at the funeral of a man who wasn't a member of his congregation. "When she (the man's widow) passed, she left these two items...Read More
88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyLithium no quiet place for AVZSPONSOREDavz mineralsScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources However, that's exactly what's happened for Newcrest Mining at the Havieron project in Western Australia's Paterson Province.Read More
The metals and equity indices were mixed this morning, Monday August 3, with numerous crosscurrents affecting the markets.Data this morning showed Chinas Caixin manufacturing purchasing managers index (PMI) climbed to 52.8 in July from 51.2 a month earlier, while Japans manufacturing PMI rebounded to 45.2 from 42.6 over the same comparison.But the continuing spread of the Covid-1...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe resource estimate could easily have ended up as an addendum to the company's first (June) half profit report.Read More
Target (TGT) an S&P 100 stock moved above $125.97 extending an intermediate uptrend. NVIDIA (NVDA), a NASDAQ 100 stock moved above $431.69 to an all-time high extending an intermediate uptrend.Natural Gas ETN (UNG) moved above $11.27 completing a double bottom pattern.Pre-opening Comments for Monday August 3rdU.S. equity index futures were higher this morning. S&P 500 futures were up 20 po...Read More
88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyLithium no quiet place for AVZSPONSOREDavz mineralsScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources The answer is a word not used for some time: sequencing.Read More
RAPAPORT... Mumbai-based diamond manufacturer Asian Star believes jewelry demand will remain sluggish through the end of the quarter as the coronavirus weighs on consumer spending."Economic disruption caused by Covid-19 has changed consumer behavior, as people have become conservative in spending," the company said last week. "Consumer sentiment is expected to improve over a period of time.... The...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe reform removed articles which allowed state companies to be awarded concessions without having to participate in auction rounds for areas as private companies have to.Legislator Patricio Donoso proposed the reform to remove preferential treatment for foreign state companies, on the grounds that it infringes constitutional princ...Read More
Aug 05, 2020 Guest(s): Ken Hoffman Basic Materials Sr. Expert, McKinsey While Tesla's chief, Elon Musk, has called for as much nickel to be produced as possible, this doesn't mean that Tesla will be producing any minerals of their own any time soon, said Ken Hoffman, senior expert at McKinsey. "Everyone wants the same two things from an electric vehicle today, and that is, it [has the same range...Read More
The velocity of the moves in the precious metals space is accelerating as I anticipated it would. Gold has now made a new all-time high and silver - which typically overshoots to the upside or to the downside - has now breached the $20.50/oz. line I felt was critical before a real sustainable breakout could happen. If history serves as a guide, silver has a lot of catching up to do and while $50...Read More