RAPAPORT... India's polished-diamond exports slid 18% year on year inJuly, reaching their lowest level since December 2018. The decline reflected aslowdown in the midstream sector as manufacturers struggled to offload excess goods. Rough trading alsodropped significantly, according to data from the Gem & Jewellery ExportPromotion Council. India Trade Data for July 2019Read More
RAPAPORT... Sarine Technologies saw a sharp decline in revenue duringthe second quarter, as an oversupply in the midstream led to lower sales of manufacturing equipment. Sales fell 35% year on year to $11.6 million for the threemonths ending June 30, the Israel-based company said last week. Revenue fromIndia -Sarine's largest market - dropped 32% to $8.2 million. Sales inAfrica plunged 63% to...Read More
China's shock currency devaluation last week begs the following questions: Is China a rising giant of the twenty-first century poised to overtake the United States in wealth and military prowess? Or is it a house of cards preparing to implode?Conventional wisdom espouses the former. Yet, hard evidence suggests the latter.Your correspondent in the world famous Long Bar on the Bund in Shanghai, Chin...Read More
Markets are still digesting last week's Chinese devaluation that sent the Dow crashing over 700 points last Monday.And as everyone knows by now, the Trump administration labelled China a currency manipulator.The ironic part of it is that China has been manipulating its currency to strengthen it against the dollar.Here's the dynamic you need to understand…The Chinese yuan is softly pegged to...Read More
Last month, I wrote:"The global monetary system needs to be reformed, I believe there will be a Bretton Woods-style meeting in the next couple of years, one that will be forced upon us by mathematics."Neither the current global debt nor the negative interest rate orgy that's going on is sustainable, but power never relinquishes power on its own, it is always forced to, ask Jeff Epstein. Too soon?...Read More
Rosengren has run Sandvik since November 2015, overseeing implementation of a decentralised structure to help make it more efficient and flexible. He will become ABB CEO in February next year, replacing Peter Voser.Prior to his Sandvik time Rosengren ran Wartsila Corporation, which makes power systems for the marine and power generation markets.Voser, also ABB chairman, said Rosengren would bring...Read More
RAPAPORT... India's polished-diamond exports slid 18% year on year inJuly, reaching their lowest level since December 2018. The decline reflected aslowdown in the midstream sector as manufacturers struggled to offload excess goods. Rough trading alsodropped significantly, according to data from the Gem & Jewellery ExportPromotion Council. India Trade Data for July 2019Read More
Attorney General Barr demands investigation into Epstein's death as critics hit back at Trump re-tweeting a conspiracy theory linking Jeffrey Epstein to the Clintons; Bryan Llenas reports. #SpecialReport #FoxNewsFOX News operates the FOX News Channel (FNC), FOX Business Network (FBN), FOX News Radio, FOX News Headlines 24/7, FOXNews.com and the direct-to-consumer streaming service, FOX Nation. FOX...Read More
Epstein survivors are seeking justice; attorney Misty Marris on what comes next for Jeffrey Epstein's victims.FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York - the business capital of the world - FBN launched in October 2007 and is the leading business network on tel...Read More
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By: Ira EpsteinI would not be surprised to see gold pull back a bit before resuming to its upside. Gold market is very much in an uptrend.GDX / Gold Stocks - momentum locked in to the upside:Read More
By: Ira EpsteinI would not be surprised to see gold pull back a bit before resuming to its upside. Gold market is very much in an uptrend.GDX / Gold Stocks - momentum locked in to the upside:Read More
- Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price jumped up the moment that trading began at 6:00 p.m. EDT on Thursday evening in New York. It ran into "all the usual" suspects" almost immediately -- and then chopped rather aimlessly sideways until the 2:15 p.m. China Standard Time afternoon gold fix in Shanghai. It was stair-stepped lower from there until the low t...Read More
- Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price jumped up the moment that trading began at 6:00 p.m. EDT on Thursday evening in New York. It ran into "all the usual" suspects" almost immediately -- and then chopped rather aimlessly sideways until the 2:15 p.m. China Standard Time afternoon gold fix in Shanghai. It was stair-stepped lower from there until the low t...Read More
"Resource Big News Roundup: PLAN Signs Sustainable Cannabis Waste Collection Contract; VVC Board of Directors Approves the Gloria Pilot Mine at its Northern Mexico Copper Property; Searchlight Options Flin Flon North Claims https://t.co/8UyHu4gHJb #resource #investing #stocks"Read full newsRead More
PALM BEACH, Florida, Aug. 8, 2019 /PRNewswire/ -- There are many reasons why the price of gold fluctuates, but one of the current reasons is the intensifying...Read full newsRead More
BRIEF-Avesoro Resources Says Security Breach At Youga Gold Mine:BRIEF-Avesoro Resources Says Security Breach At Youga Gold MineRead full newsRead More
"Blackrock Gold Receives Drill Permits on Its Silver Cloud Gold Property in Nevada and Outlines Initial Program https://t.co/F4CoF7NCek"Read full newsRead More
In his most recent HoweStreet.com interview, Bob Hoye from ChartsandMarkets.com is on watch for a post-bubble contraction. In particular, he sees the yield curve reversing in the direction of a contraction and junk bond credit spreads once again breaking out. Hoye says, "Just looking at the spreads you could say this is anticipating a contraction".For confirmation that we are in contraction terri...Read More
By: Ira EpsteinI would not be surprised to see gold pull back a bit before resuming to its upside. Gold market is very much in an uptrend.GDX / Gold Stocks - momentum locked in to the upside:Read More