Saturday marked the Chinese Lunar New Year, a time when as many as 400 million people ordinarily travel to visit family and go on vacation. Before the coronavirus struck, 3 billion trips were estimated to take place during the 16-day celebration, while some 79 million passengers were expected to take flights, up more than 8 percent from 73 million a year earlier. The new Daxing International Air...Read More
Stewart Thomson, Graceland Updates 1. The question most gold bugs are probably asking themselves right now is this: How high must gold bullion go before the gold stock ETFs stage their own key breakouts and rally alongside gold?2. The answer, quite simply, is: Higher than the price is today. Disappointment and surprise are part of investing. 3. So is diversification, a...Read More
By: Peter Schiff, Chief Global Strategist of Euro Pacific CapitalIn the decades that I have been listening to politicians clumsily trying to explain the economy there has never been a period, with the possible exception of the early Reagan years, in which major party leaders were able to present a solid grasp of economic principles. But I have never seen a time in which the levels of ignorance...Read More
Dave KranzlerThe mortgage regulators are stretching the removal of mortgage qualifications to the limit in an effort to keep the housing party going. The Consumer Financial Protection Bureau (CPFB) is recommending the removal of the DTI as a factor in qualified mortgage underwriting. Ironically, tighter mortgage finance regulations were the purpose for the formation of the CPFB in the first pl...Read More
Rob KirbyA very short preamble to what follows is this: Frank Veneroso did foundational work that led to the creation of GATA [Gold Anti-Trust Action]. Frank Veneroso's utterances in this regard originated from information fed to him back in the 1990's about gold lending and swapping via Central Banks and Bullion Banks by Bank of England gold head - Terry Smeeton. Bill Murphy had intimate...Read More
By: Ira EpsteinGold in a saucer-pattern. Swing-lines, bias is up as price remains above the 18-dma. Read More
Gold and silver fell yesterday (from the day's high) after USA opened as traders booked profit on long positions. Traders have started ignoring the corona virus and started focusing on other economic issues and political issues. FOMC meet tomorrow can have surprises in light of Chinese corona virus. Corona virus can have a very big impact on Chinese consumer spending in February. Industrial meta...Read More
Bob Moriarty of 321gold sits down with Maurice Jackson of Proven and Probable to discuss geopolitics, precious metal prices and precious metal stocks. Maurice Jackson: Joining us for our conversation is Bob Moriarty, a world-renowned bestselling author and founder of the websites 321gold and 321energy.com. For audience members, today we will hear from one of the most respected minds on the subjec...Read More
Saturday marked the Chinese Lunar New Year, a time when as many as 400 million people ordinarily travel to visit family and go on vacation. Before the coronavirus struck, 3 billion trips were estimated to take place during the 16-day celebration, while some 79 million passengers were expected to take flights, up more than 8 percent from 73 million a year earlier. The new Daxing International Air...Read More
Stewart Thomson, Graceland Updates 1. The question most gold bugs are probably asking themselves right now is this: How high must gold bullion go before the gold stock ETFs stage their own key breakouts and rally alongside gold?2. The answer, quite simply, is: Higher than the price is today. Disappointment and surprise are part of investing. 3. So is diversification, a...Read More
By: Peter Schiff, Chief Global Strategist of Euro Pacific CapitalIn the decades that I have been listening to politicians clumsily trying to explain the economy there has never been a period, with the possible exception of the early Reagan years, in which major party leaders were able to present a solid grasp of economic principles. But I have never seen a time in which the levels of ignorance...Read More
Dave KranzlerThe mortgage regulators are stretching the removal of mortgage qualifications to the limit in an effort to keep the housing party going. The Consumer Financial Protection Bureau (CPFB) is recommending the removal of the DTI as a factor in qualified mortgage underwriting. Ironically, tighter mortgage finance regulations were the purpose for the formation of the CPFB in the first pl...Read More
Rob KirbyA very short preamble to what follows is this: Frank Veneroso did foundational work that led to the creation of GATA [Gold Anti-Trust Action]. Frank Veneroso's utterances in this regard originated from information fed to him back in the 1990's about gold lending and swapping via Central Banks and Bullion Banks by Bank of England gold head - Terry Smeeton. Bill Murphy had intimate...Read More
By: Ira EpsteinGold in a saucer-pattern. Swing-lines, bias is up as price remains above the 18-dma. Read More
Gold and silver fell yesterday (from the day's high) after USA opened as traders booked profit on long positions. Traders have started ignoring the corona virus and started focusing on other economic issues and political issues. FOMC meet tomorrow can have surprises in light of Chinese corona virus. Corona virus can have a very big impact on Chinese consumer spending in February. Industrial meta...Read More
Additionally, either the miners are cheap, or gold is rich. Michael explains...by Michael Ballanger via Streetwise ReportsThere is a local casino just "up the road" from where we reside that we visit (once in a blue moon), small sums of pocketed cash in hand, to play a few favored slot machines to see if we can defy the house odds and come home winners. Called The Great Blue Heron Casino, we have...Read More
RAPAPORT... Crystal brand Swarovski introduced 16 new synthetic-diamond colors at Paris Haute Couture Fashion Week.The new hues fall into four creative categories in which Swarovski claims to play a role, it said last week. Each of the four areas - fashion, art, music and architecture - includes four colors of cushion-cut lab-grown diamonds. Every category in the collection is led by a "hero"...Read More
RAPAPORT... The Sixth Mediterranean Gemmological & Jewellery Conference will feature a roundtable debate on marketing lab-grown diamonds.The conference will take place from May 15 to 17 in Thessaloniki, Greece.Michael Schlamindger of Swarovski and Mark Cullinan of Cullinan Diamonds will be among the panelists at the discussion, which asks how synthetic diamonds and gems should be marketed...Read More
RAPAPORT...The World Diamond Council (WDC) has hired industry veteran Elodie Daguzan as executive director to succeed Marie-Chantal Kaninda, it said Tuesday.Daguzan most recently spent eight years at Paris-based diamond-trading company Rubel & M?(C)nasch?(C) as head of communications and industry relations, responsible for educating the company's clients about industry supply-chain development...Read More
RAPAPORT... Swiss watch exports rose in December, as retailers stocked up in anticipation of the Chinese New Year.Shipments to all countries grew 6% to CHF 1.73 billion ($1.78 billion) in December, the Federation of the Swiss Watch Industry reported Tuesday. That figure mainly reflects a 49% increase in exports to China, which outweighed a 21% drop in orders from Hong Kong. Supply to the US r...Read More