Are people fearing the size of the national debt, inflation or deflation?Mark O'Byrne interviewed by Lior Gantz on GoldCoreGoldCore's Mark O'Byrne interviewed by the Wealth Research Group talking about the start of a new bull run for gold and silver and answering the following questions...What investors are currently buyingThe importance of owning physical goldComparing golds performance with prev...Read More
Some think the rally is over and that it's time to sell...Lynette Zang with Chris Marcus on Arcadia EconomicsAfter a volatile summer, silver is now trading in the mid-$20's.Some think the rally is over and that it's time to sell. But Lynette Zang of ITM Trading still thinks silver is "severely" undervalued.To find out why, click to watch the video now!Read More
RAPAPORT... The World Jewellery Confederation (CIBJO) has recommended that laboratories use the term "grading report" for natural diamonds only, arguing that lab-grown stones lack the rarity that underpins the concept of grading.Instead, documents providing details of synthetic diamonds should be called "Laboratory-Grown Diamond Product Specifications," CIBJO urges in a new set of guidelines...Read More
RAPAPORT... The days when brands made all their business decisions on their own are gone. With bigger competition, tougher economic challenges, and the increasingly scary potential of coming across as tone deaf in marketing campaigns, getting advice just makes sense. And who better to provide it than members of your target audience?Having the input of a client advisory board "is so useful because...Read More
RAPAPORT... Hong Kong-based jeweler Tse Sui Luen (TSL) expects to incur a net loss of at least HKD 40 million ($5.2 million) for the first fiscal half as the Covid-19 pandemic depressed the company's sales.The loss for the six months ending September 30 compares with a net profit of HKD 1.6 million ($206,454) in the same period last year, the retailer said last week. "The implementation of so...Read More
RAPAPORT... US polished-diamond imports dropped 39% year on year to $821 million in August, reflecting lower volumes and price per carat, according to data from the Commerce Department. The decline was gentler than the 50% drop the country recorded in July, but steeper than June's 35% slowdown. US Trade Data for August 2020Read More
(IDEX Online) - Diamonds discovered at a gold deposit in Canada hint at a large and untapped reserve, say researchers.They are in sediments that are "an exact analog" of those in South Africa's famous Witwatersrand Goldfields, replicating the extremely rare combination of gold and diamonds in the same place.Experts from the University of Alberta were astonished by the find at outcrop at Nunav...Read More
(IDEX Online) - Alrosa boss Sergei Ivanov has told Russia's President Vladimir Putin he's "confident" of a deal to sell millions of carats of rough to the government's Gokhran - its precious metals and gems repository.Such an arrangement would provide a lifeline for the miner, which is only now recovering from months of dismal sales as a result of the global pandemic.The Alrosa CEO...Read More
(IDEX Online) - British fashion designer Debbie Wingham created a breathtaking $26m diamond-encrusted party dress for a billionaire birthday girl.It was studded with 15 red diamonds, from one and a half to four carats worth $23.8m in total, plus a host of other gems.Wingham has a reputation for adding extravagant sparkle to cake and couture for the ultra-rich. In 2015 she baked and decorated...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Jefferies said satellite data showed finished copper inventories at Asian smelters had "significantly decreased" in 2020, while inventories at exchanges were also down."Inventories across tracked locations in Asia are down 15% year-to-date and should decrease further into year-end as the Chinese economy is reac...Read More
Base metals prices on the London Metal Exchange were weaker across the board this morning, Tuesday October 13, while those on the Shanghai Futures Exchange were either unchanged or firmer, as were equities.* Equities seem to be maneuvering for a United States democratic presidency and all the extra stimulus that might bring.* But LME metals are not following equities this morning.Base metalsThree-...Read More
Vietnam ETF (VNM) moved above $15.20 extending an intermediate uptrend.Wills Tower Watson (WLTW), a NASDAQ 100 stock moved above $218.58 to an all-time high extending an intermediate uptrend. Pre-opening Comments for Tuesday October 13thU.S. equity indices moved lower this morning. S&P500 futures were down 6 points in pre-opening trade. Index futures were virtually unchanged following release...Read More
ELKO, Nev., Oct. 13, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, today announced that it has issued a letter to its shareholders outlining the Company's recent and expected milestones, as it continues to advance its assets and projects. Recent Company highlights include:Acquisition of Northern Panther Resource Corporation, which...Read More
OceanaGold (TSX: OGC) has implemented the permanent lay-off of 496 employees at its Didipio gold and copper mine, located across the Nueva Vizcaya and Quirino provinces on the island of Luzon, Philippines.Along with the termination of direct employees, approximately 400 people working as contractors are also impacted, according to the miner."The company may be required to implement a second-round...Read More
This week's episode features highlights from the ground-breaking ceremony for Iamgold's C??t?(C) gold project in Ontario. Speakers at the event included Prime Minister Justin Trudeau, Premier Doug Ford and Mattagami First Nation Chief Chad Boissoneau, all of whom emphasized the high paying jobs that would result from the project. The speakers also discussed how the mining industry could play a rol...Read More
The future of the Ekati diamond mine in Canada's Northwest Territories remains uncertain after Dominion Diamond Mines announced that a deal to sell it to a subsidiary owned by its parent company, The Washington Companies, has fallen apart.Dominion Diamond reported on Oct. 9 that three insurance companies - Aviva Insurance Company of Canada, Argonaut Insurance and Zurich Insurance - had reached "an...Read More
Researchers from the University of Alberta, Penn State University and the University of Padua discovered diamonds in an outcrop at an unrealized gold deposit in Canada's Nunavut territory, an association that mirrors what can be found in South Africa's Witwatersrand Goldfields.The Witwatersrand Goldfields comprise the world's biggest gold deposit, responsible for more than 40% of the gold ever min...Read More
BHP (NYSE: BHP; LON: BHP) has reached an eleventh-hour deal with a coalition of Aboriginal land councils, as shareholders were pushing for a halt to all mining on sacred Indigenous sites leading up to a vote on the matter in Wednesday's annual general meeting.The move follows increased pressure on miners to protect cultural landmarks after Rio Tinto (LON: RIO) blasted a 46,000-year-old sacred site...Read More
According to the popular adage, copper has a doctorate in economics, with an ability to predict turning points in the global economy. This proverb stems from the metal's use in widespread applications, from power generation and electricity distribution to iPhones.Since the end of March, the price of the base metal has recovered remarkably well, rising from barely US$4,900 per tonne to over US$6,60...Read More
Oct 15, 2020 With the Federal Reserve having expended almost all monetary tools now, the only major course of action left, short of directly buying ETFs, is more quantitative easing, said Danielle DiMartino Booth, CEO of Quill Intelligence."If you're at the zero bound, and the Fed has been at the zero bound for much of the last decade, if you're at the zero bound, the only discussion you're really...Read More