Recent News

Is Gold Price Action Warning Of Imminent Monetary Collapse?

April 22, 2020 / news.goldseek.com

By Hubert Moolman 22 April 2019 During the 2008 financial crisis the Fed significantly increased the US monetary base to keep the system from collapse. They are currently in a similar situation, and have done (is doing) the exact same thing. Here is a chart of the US monetary base to illustrate the similarity: With the 2008 actions they were able to avoid the collapse until now. Will the c...Read More

Bears Hoping To Win Battle At Confluence Of Resistance

April 22, 2020 / news.goldseek.com

By Ricky WenTuesday's session saw an immediate downside continuation based off of Monday's double top/lower high setup. Essentially, the bears broke support and hit a quick homerun into the daily 20EMA 2718 target on the Emini S&P 500 (ES), and then buyers/bulls showed up to put a temporary floor in place. It was a fairly simple trend day to the downside that could be classified as a 'gap down a...Read More

Black Swan Investing - How to Survive/Thrive?

April 22, 2020 / news.goldseek.com

By definition, Black Swans in financial markets are rare, extreme events. How do you survive, possibly even thrive when the unthinkable happens? Let's evaluate the pros and cons of some Black Swan mitigation strategies:Black Swan betsNassim Taleb's best-selling "Black Swan" author has in the past suggested that he's constantly taking small losses in hopes of a big payoff some-day. The Pro: if th...Read More

Why Should We Care If Oil Giants Get Crushed?

April 22, 2020 / news.goldseek.com

TOO BIG TO FAIL?With the whole world rubbernecking at the scene of crude oil's crackup, you could lose sight of why it matters. Listening to Trump fret about it tells us nothing. He has endorsed collusion by energy suppliers, the better to push prices back up to...whatever. But he hasn't said why this would be a good thing. It's not as though we're all feeling sorry for the likes of Exxon and BP...Read More

Precious Metals Update Video: Gold market made a successful test of its 18-d.m.a.

April 22, 2020 / news.goldseek.com

By: Ira EpsteinIn a corrective mode. Gold's sell-off culminated on Tuesday? The gold swing-line above a $1768..Read More

The Most Amazing Chart on the Planet

April 22, 2020 / news.goldseek.com

Full Gold Crown FEB 2 2020 I posted the potential for this just as the virus was becoming a thing.https://goldtadise.com/?p=455805.................RAMBUS WEEKEND REPORT MARCH 2017"Below is a 75 year quarterly chart we were watching very closely during the last impulse move down, because it broke below the brown shaded support and resistance zone going all the way back to the early 1970's. When t...Read More

Asian Metals Market Update: April-22-2020

April 22, 2020 / news.goldseek.com

The correction in gold is over. Continue with a buy on sharp dips strategy in silver. Look for signs of trend reversal in copper and crude oil. Extreme leverage with crude oil is the key reason for crude oil and crude oil related stocks to fall. At the end of the day fundamentals are the key. Now you know the real price of crude oil. Now you know how much you were being duped for your petrol/gas...Read More

Mountain Province Sales Improve in First Quarter

April 22, 2020 / www.diamonds.net

RAPAPORT... Sales of rough from Mountain Province's Gahcho Ku?(C) mine grew 2.4% to 659,318 carats in the first quarter, the company said Monday.The Canada-based miner also saw a 6% uplift in its average price, yielding $75 per carat compared to $71 per carat in the first quarter of 2019. Together, these factors increased the company's revenue by 7% to $49.2 million for the three months endin...Read More

Luk Fook Sales Hit by COVID-19 Shutdown

April 22, 2020 / www.diamonds.net

RAPAPORT... Luk Fook's same-store sales dropped 57% in the fourth fiscal quarter amid extensive retail closures for the first two months of the year and sluggish footfall in March.The jeweler saw a 60% year-on-year slide in same-store sales - at self-operated branches open for at least a year - across Hong Kong and Macau for the three months ending March 31, it reported last week. This follow...Read More

JCK Las Vegas Canceled for 2020

April 22, 2020 / www.diamonds.net

RAPAPORT... The 2020 JCK Las Vegas and Luxury shows have been canceled, the events' organizer has confirmed, as the coronavirus continues to sweep across the globe."This decision was made in response to the unprecedented challenges faced by JCK's jewelry community," Sarin Bachmann, Reed Jewelry Group's vice president for the shows, said Tuesday. "We know [it] impacts the entire industry and i...Read More

Halt India's Diamond Imports for Three Months after COVID-19, says Even-Zohar

April 22, 2020 / www.idexonline.com

(IDEX  Online) - India's government should halt imports of rough diamonds to help its cutters and polishers recover from the COVID-19 crisis, says industry veteran Chaim Even-Zohar.In an exclusive and far-reaching Memo for IDEX Online he proposes a three-month moratorium to help over-stocked producers stuck in the "uncomfortable mid-stream" to shift existing inventories totalling up to $...Read More

Record of decision will see start of road surveys and engineering

April 22, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe US Bureau of Land Management released the EIA at the end of March for a road to connect the project area to the existing Dalton highway, the main road that traverses the state.Read More

Antofagasta shines in Q1 but choppy waters ahead

April 22, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesAntofagasta said measures taken to counter the threat of the pandemic meant total production for the year would be "towards the lower end" of its guidance range of 725,000-750,000 tonnes "assuming ourRead More

Metals weak in early trading but could benefit from pick-up seen in wider markets

April 22, 2020 / www.metalbulletinresearch.com

Despite signs of the Covid-19 virus being brought more under control with daily death tolls in most major economies now in decline, the rebound in demand is slow and this seems to be weighing on metals prices this morning, Wednesday April 22.But with broader markets starting to pick up, the metals may shake off their early weakness.One of the problems is that while manufacturing and industry can r...Read More

Tech Talk for Wednesday April 22nd 2020

April 22, 2020 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 34 points in pre-opening trade. The Canadian Dollar was virtually unchanged at U.S. 70.70 cents following release of Canada's March Consumer Price Index at 8:30 AM EDT. Consensus was a decline of 0.4% versus a gain of 0.4% in February. Actual was a decline of 0.6%.Netflix slipped $3.83 to $430.00 despite announcing a h...Read More

Kirkland Lake drill results suggest high-grade corridor

April 22, 2020 / www.northernminer.com

Kirkland Lake Gold (TSX: KL; NYSE: KL) has released the results of 19 drill holes, as well as assays for 15 historical unreported and reinterpreted holes from the Macassa mine in Kirkland Lake, Ontario.These results expand the South Mine Complex (SMC) by at least 75 metres to the east of the current resource limits, and suggest a new corridor of high-grade mineralization at depth along the prospec...Read More

Canada Nickel's Mark Selby sees Dumont-style deposit at Crawford

April 22, 2020 / www.northernminer.com

Mark Selby led a team that raised over $100 million and advanced the Dumont nickel-cobalt project in Quebec from an initial resource to a fully permitted, construction-ready project for RNC Minerals (TSX: RNX).Now the mining executive believes he's onto the next big nickel project in Canada with Crawford - a large tonnage nickel-cobalt sulphide discovery, 20 km north of Glencore's enormous Kidd Cr...Read More

Emissions to drop 6% this year due to pandemic: WMO

April 22, 2020 / www.northernminer.com

Greenhouse emissions are expected to fall by 6% this year due to a global slowdown caused by the COVID-19 pandemic, the World Meteorological Organization (WMO) said, but that would not be enough to stop climate change.The forecast drop comes as transportation and industrial energy production has come almost to a halt globally, and it would be the biggest annual decline since World War II.In the pa...Read More

Battle of the Kebab - Hunters vs the Excelsior

April 22, 2020 / www.youtube.com

With a stacked week of matches, the guy's are excitable as they debate if the NYXL are going to thrive in Asia, if Seoul can maintain their form, and who walks away with a W in the Battle for Texas. Episode 95 coming in hot!Timestamps:0:00 - Intro11:07 - Hero Pool Discussion18:40 - Dynasty vs. Spark21:48 - Charge vs. Dragons28:00 - NYXL vs. Hunters44:00 - Reign vs. Fusion47:30 - Shock vs. Valiant5...Read More

Tommy Lee's First Time Quarantining | Worsts Firsts

April 22, 2020 / www.youtube.com

Tommy Lee's first time quarantining Episode 56 | Worst Firsts Podcast with Brittany FurlanSUBSCRIBE! (no pressure) BUT DO IT NOW ?-? http://bit.ly/1bAynAqWATCH ALL OF MY VIDEOS ?-? https://youtube.com/watch?v=cuErdol7K...Due to popular demand I am bringing back the series 'Worst Firsts' as a podcast! In today's episode, I am joined by a man that needs no introduction my husband, Tommy Lee. We both...Read More

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