The best thing about stocks is that you can start investing in it with a very small amount. While returns are not guaranteed in the stock market, a small but consistent investment can fetch you hefty gains in the long term. For instance, a weekly investment of $100 for 20 years can amount to $332,131, even at a modest return of 10% annually. So, if you can invest regularly and commit to stay...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comNov 3, 2020 It appears that both gold and stock market investors believe the winner of the US election (held today) will be more money printing and debt. That’s almost certainly true, but what happens if the fed becomes less keen to continue its accommodation? Please click here now....Read More
It's made an odd-lot offer to those holding less than 100 shares, and offered to repurchase shares from those holding between 100-400 shares.The company said its number of ordinary shareholders had increased by about 60% to 30,000 after its June 2019 Lonmin acquisition.It said about 50% of these shareholders owned less than 400 shares, representing about 0.05% of its shares in issue.The offe...Read More
On July 11, 2013, I told you how IP traffic on the internet was going to grow four times in size. I wrote: Within the next four years, the size of the internet is expected to quadruple in size. By 2016, annual IP traffic is predicted to reach 1.3 zettabytes (to put that in perspective, there are 1 trillion gigabytes in a single zettabyte).And I went on to tell you why this was going to happen and...Read More
Crude oil started this week with abearish price gap and a breakdown below the September and October lows. This isan extremely valuable indication. The black gold seems to have finally decidedwhat the next big move is going to be, and by breaking lower, it effectively“agreed” with our expectations. On its own, the breakdown is verybearish. However, what preceded is equally important, as...Read More
The mostpessimistic forecasts of copper demand, and pricing, during the worst pandemicin 102 years, have failed to materialize. From afour-year low in March, when the coronavirus slammed into Europe and NorthAmerica, the red metal used widely in construction, communications,transportation and energy transmission, has mounted a serious comeback. As ofthis writing spot copper is trading at $3.08 per...Read More
Based on communication with the Central Bank of Mexico, the principal supplier of silver ounces to Banco Azteca, supply will likely be "exhausted" by year's end!(by Half Dollar) Silver Bugs, stackers and other smart investors, take note!Silver Fever is running through Mexico!Hugo Salinas Price has a stake in Banco Azteca, which are banks generally found inside of department/rent-to-own stores call...Read More
The Comex lately has been unable to deliver enough silver to meet market demand...by Chris Powell of the Gold Anti-Trust Action Committee (GATA)1:07p ET Monday, November 2, 2020Dear Friend of GATA and Gold:International monetary metals consultant Corey Keller, interviewed today by Bullion Star's Ronan Manly, suggests that the New York Commodities Exchange is the vulnerable spot of the bullion bank...Read More
RAPAPORT... Signet Jewelers will offer James Allen products in nearly half of its Jared stores through a new, dual-branded model.The Jared + James Allen locations are part of the jeweler's efforts to reposition Jared as a more exclusive, luxurious destination, and provide customers with an "elevated and superior" experience, Signet executive vice president and chief marketing officer Bill Brace to...Read More
RAPAPORT... Mountain Province recorded its largest open-market sale to date as rough-diamond demand returned ahead of the holiday season.The miner sold 559,528 carats for $34.3 million at last month's tender in Antwerp, averaging $61 per carat, the company reported Monday. The event, which closed October 30, was only its second commercial sale since the start of the Covid-19 pandemic."The int...Read More
RAPAPORT... Watches of Switzerland has hired Kelly Yoch as director of client relations, a new position for the company, it said Monday.Yoch, who was most recently the senior North American consultant for Patek Philippe watches at Tiffany & Co., also served as the head of fine jewelry at Saks Fifth Avenue, and as the general manager of luxury-watch label Tourneau. She will be responsible for d...Read More
RAPAPORT... Chow Tai Fook is launching its own diamond certificates based on artificial intelligence, using a new grading scale featuring numbers instead of letters.The Chow Tai Fook AI Diamond Grading Certificate will be available for stones weighing 0.30 carats or less through T Mark, the retailer's diamond brand focused on traceability, the company said Monday. The reports - which it devel...Read More
RAPAPORT PRESS RELEASE, November 3, 2020, Las Vegas... The diamond market continued to improve in October as holiday orders picked up. Supply shortages helped buoy prices of 1-carat and larger stones. However, the positive sentiment of the previous month weakened due to a rise in global Covid-19 cases and uncertainty surrounding the US election. The RapNet Diamond Index (RAPI?,,?) for 1-carat poli...Read More
(IDEX Online) - Lightbox, the lab-grown division of De Beers, has opened a vast factory in the USA that will allow it to produce 200,000 carats a year.It has also announced that its lab-grown diamonds will be sold as fashion jewlery by the online retailer Blue Nile - the first time it has sold lab-growns - as well as on Lighbox's own website.Lightbox's manufacturing operation (pict...Read More
(IDEX Online) - Surat's bourse has seen business boom, as it picked up export trade from its closed counterpart in Mumbai.Half-year exports to October were up more than 700 per cent to $832m said the Surat Hira Bourse (SHB), the city's only customs clearance centre for diamond, jewelry, gold and other precious cargo.By comparison total export for the financial year 2019-20 were $190m.Mum...Read More
(IDEX Online) - The iconic Argyle mine, producer of 90 per cent of the world's pink diamonds, closes today after 37 years.Owners Rio Tinto say the deposit, in Western Australia's remote Kimberley region, is no longer economically viable, despite the high prices commanded by its super-rare stones.The country's only operational diamond mine produced 865 million carats over its lifetim...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Copper and sugar bans are set to be initiated next week, according to a news report by the South China Morning Post.Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.The Kazakhstan-focused operator has been on a rollercoaster ride since it listed on the LSE at £5.Read More
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mainly stronger this morning, Tuesday November 3, after markets were encouraged by generally robust manufacturing purchasing managers’ index (PMI) data that came out on Monday.Regardless of who wins the US presidential election, the markets expect the liquidity pumps to remain switched on, which is su...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 40 points in pre-opening trade.Bausch Health added $0.91 to US$18.25 after reporting higher than consensus third quarter revenues.Wayfair advanced $29.90 to $285.54 after reporting higher than consensus third quarter revenues and earnings.McKesson gained $5.97 to $158.00 after reporting higher than consensus fiscal sec...Read More