We tend to spend a lot of timelooking into the rearview mirror, especially when under duress.Connected to this is somethingpsychologists call "recency bias." This simply means that what hashappened in the near to intermediate past tends to inform and influence us asto how we should behave in the future.The 2011 to early 2019 precious metals bear saga was broken only by a six-month bullhi...Read More

Mark O'Byrne, GoldCore? + Gold prices have surged through the all time record nominal high of $1,915/oz in 2011 to over $1,942/oz today due to concerns about the outlook for stocks, bonds and other assets amid a very vulnerable U.S. and global economy.? + Gold has surged to new record highs in all major currencies today including new record highs in British pounds at ?1,514/oz and in euros at EU...Read More

By: Gary SavageThis phase usually will last 5-10 days. Key USDX technicals:https://blog.smartmoneytrackerpremium.com/Read More

By: Robert LambourneThe gold swaps and derivatives position of the Bank for International Settlements, which reached a three-year high in May, fell slightly in June, according to the bank's statement of accounts for the month:https://www.bis.org/banking/balsheet/statofacc200630.pdfThe BIS, which acts as a broker for many central banks, is estimated to have reduced its position in gold swaps and...Read More

Rambus/PlungerDuring the bull market years between 2000 and 2011 the US dollar and currencies played a key role in the PM complex bull market. Tonight I would like to go back and visit some of these old charts and see how they pertain to our current bull market.Lets start with a simple GOLD:USD ratio chart that goes back to the 2011 all time high in gold. The bottom for the ratio came in toward...Read More

If Trump wins in November, it is foreseeable that his many enemies will ratchet up their hatred for him to even more destructive extremes. A bloody civil war would become likely, escalating an already violent cultural battle to a new threshold. How this might impact our schools, workplaces and neighborhoods is unpredictable even if the tactical outcome is not. The red states, wide-open spaces wh...Read More

The gold price made a new all-time nominal high today at $1,945 per ounce. This move should not come as a surprise to anyone paying attention to the current financial landscape. The FED has injected an unprecedented amount of new money/debt into the economy since March in efforts to avoid a collapse from the impact of the Covid-19 virus and subsequent restrictions of business activity globally. Ov...Read More

This Silver Rally is different than the previous ones, and with the current momentum, we may see another leg higher this week.... by Steve St Angelo of SRSrocco ReportSomething BIG happened to silver last week. Due to certain positive indicators, I believe silver is now in a new Bull Market. It has been seven long years since the silver price was $23. And with the current momentum, we may s...Read More

With Silver "Seemingly" breaking free from the continual price suppressors, people are wondering HOW HIGH it could go. Hang onto your hats!by Bix Weir of Road to RootaWith the price of Silver "Seemingly" breaking free from the continual price suppressors many people are wondering HOW HIGH IT COULD GO...Hang onto your HATS!Read More

RAPAPORT... The Gemological Institute of America (GIA) has teamed up with IBM Research to develop an automated system for grading the clarity of a diamond.The artificial intelligence (AI) technology uses data from tens of millions of diamonds GIA laboratories have examined in the past, applying the institute's existing grading standards. It's already in limited use at the GIA's New York and C...Read More

RAPAPORT... Baselworld owner MCH Group has established Houruniverse, a new trade fair for the watch, jewelry and gemstone industries that will run virtually throughout the year and feature an annual live event.Buyers and sellers can use the show's website to network and exchange information during the year. The live event, which will replace the canceled Baselworld show, will take place in Ap...Read More

RAPAPORT... Two industry groups have raised more than $27,000 to help jewelers whose stores sustained physical damage during the recent lootings in the US.Members of the industry donated to the Jewelers Relief Fund, a GoFundMe account created by the Diamond Council of America (DCA) and Jewelers of America (JA). The money was distributed directly to 10 independent jewelry stores whose premises...Read More

RAPAPORT... The coronavirus pandemic had a significant impact on the diamond supply chain in the first half of 2020, with businesses unable to operate and demand slumping. As retail sales dropped, jewelers had enough inventory to satisfy demand. This caused a dramatic reduction in polished and rough trading, which left mining companies with large inventories of diamonds they couldn't sell. In Rapa...Read More

(IDEX Online) - Christie's first "live" auction in New York since coronavirus will feature a pendant necklace with a 116-carat diamond and a high estimate of $7m.The central diamond (pictured) is a pear brilliant-cut diamond of 115.83 carats, F color, VVS1 clarity and the platinum necklace includes more than 50 other diamonds, of up to 5.50 carats.The Magnificent Jewels sale, which takes plac...Read More

(IDEX Online) - GIA is using advanced artificial intelligence (AI) to evaluate diamonds "like never before". The US-based diamond identification and grading authority has joined forces with the research division of IBM to develop the technology.It has been "learning" to recognize diamond attributes from tens of millions of stones already graded by the Gemological Institute of America at its l...Read More

Gold is setting fresh record highs with prices having been as high as $1,943.70 per oz this morning, Monday July 27, while the base metals on the London Metal Exchange were up by an average of 0.8%.Hopes and fears are driving the markets, with the hope of further United States stimulus underpinning equites and industrial metals, while concerns about the US-China diplomatic relations and how the on...Read More

Barrick Gold (ABX), a TSX 60 stock moved above Cdn$40.04 to an 8 year high extending an intermediate uptrend. Agnico-Eagle (AEM), a TSX 60 stock moved above Cdn$97.01 to an all-time high extending an intermediate uptrend. Franco-Nevada (FNV), a TSX 60 stock moved above Cdn$214.38 to an all-time high extending an intermediate uptrend. Pre-opening Comments for Monday July 27thU.S. equity index futur...Read More

Gold continued its upward climb today and made history by touching record prices as worries over the coronavirus pandemic and intensifying U.S.-China tensions weighed on investor sentiment.Spot gold surged 2% to US$1,940.96 per oz. by 11:15 a.m. EDT. Earlier in the day, the spot price set an all-time high by trading at US$1,945.10 per ounce, topping the previous high set in September 2011.Gold fut...Read More

88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesGold's rise has been well-reported but to refresh it is all about a combination of falling U.S. interest rates, and...Read More

A wave of new mines in the pipeline on Chile's Maricunga gold belt are advancing towards construction just as the price of the precious metal hits its highest level in almost a decade.Gold Fields (NYSE: GFI), Kinross Gold (TSX: K; NYSE: KGC), Rio2 (TSXV: RIO; US-OTC: RIOFF) and Kingsgate Consolidated (ASX: KNC) of Australia are all pushing projects that could enter production by the middle of the...Read More