Recent News

Former Fed Chief Paul Volcker Dies At Age 92

December 09, 2019 / marketsanity.com

"He served our Nation with great distinction as Chair of the Federal Reserve among other important positions, steering our country through challenging economic times more than once. Mr. Volcker was admired Continue...Read More

The real gold price rally hasn't even started yet, says analyst who called $1,500

December 09, 2019 / marketsanity.com

As long as the monetary base keeps growing, gold prices will keep rising, says E.B. Tucker, director of Metalla Royalty & Streaming. "The [monetary base] is never going to go down," he said. "Gold is not a way to speculate and make a big profit, it's a way to protect your wealth. It's wealth insurance."Read More

Copper Company Closes 30% Share of Acquisition of Copper North Mining

December 09, 2019 / www.theaureport.com

The two companies are advancing adjoining projects in the Yukon. Copper tubes.Granite Creek Copper Ltd. (GCX:TSX.V) closed its purchase of 30% of Copper North Mining, it announced in a news release. "We are pleased to have completed the acquisition which we believe will be accretive for both companies due to their adjoining claim blocks which share many synergies, including common geology, infras...Read More

Long-term Potential for Gold Remains Strong! / Commodities / Gold & Silver 2019

December 09, 2019 / www.marketoracle.co.uk

Technical analysis update forthe SPDR Gold Shares ETF (GLD).Long-term bullish continuationanticipated once current correction is completed.Looks like a deeper retracementmay come in the near-term, before resumption of the rally. Long-term breakoutFollowing the August 2018 swing low of $111.06, GLDrallied 32.2% to the September 2019 high of $146.82. That rally foundresistance in the area of Fibonac...Read More

'Da Boyz' Appear at 8:30 a.m. in New York

December 09, 2019 / news.goldseek.com

'Da Boyz' Appear at 8:30 a.m. in New York (First published on: 07 December 2019 -- Saturday) - Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price traded flat up until 2 p.m. China Standard Time on their Friday afternoon -- and then got sold a bit lower for the next forty-five minutes or so. It began to creep quietly and mostly evenly higher until the jobs report came o...Read More

The Fed's Repo QE: The Underlying Problems Are Escalating

December 09, 2019 / news.goldseek.com

- Dave KranzlerPressures are already building on the financial stability front that will make the next economic downturn messier than anticipated." - Bill Dudley, former President of the NY FedI get irritated when I see mainstream media and alternative mainstream media parroting the propaganda used to cover up the truth. This morning Zerohedge echo'd the "corporate tax payments liquidity sq...Read More

SWOT Analysis: 50-Year High in Central Bank Gold Purchases

December 09, 2019 / news.goldseek.com

StrengthsThe best performing metal this week was palladium, up 2.04 percent as hedge funds increased their net-long position in the futures market to a five-week high. Gold traders and analysts are mostly bullish going into next week in the Bloomberg survey amid mixed signals over progress in the U.S.-China trade war. The yellow metal climbed sharply early in the week after President Trump sai...Read More

What we said then.What we say now.

December 09, 2019 / news.goldseek.com

NEWS &VIEWSForecasts, Commentary & Analysis on the Economy and Precious MetalsCelebrating our 46th year in the gold businessDecember 2019"Gold is set to join the all-time-highs club." - Mike McGlone, Bloomberg IntelligenceWhat we said then. What we say now.Michael J. Kosares, USA Gold- REVIEW & OUTLOOK -January 2019 headline article -Will 2019 be the year of the big breakout for gold?WHAT WE S...Read More

The End of an Epoch

December 09, 2019 / news.goldseek.com

"There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose."What the heck did John Maynard Keynes mean by saying this? Overturning the existing basis of society?! Let's begin by sta...Read More

Precious Metals Update Video: Why own gold right now?

December 09, 2019 / news.goldseek.com

By: Ira EpsteinGold's monthly momentum turning down. At the moment stepped out of the uptrend, but a bullish crossover..Read More

Asian Metals Market Update: Dec-9-2019

December 09, 2019 / news.goldseek.com

Look at US economy in totality and not just the job creation. Job creation has to be supported by other factors like consumer spending, confidence among other factors. Christmas and early January is a global cyclical period of high consumption and hence higher jobs. US job market and global jobs market on or from February of next year will be the key. December-January trend in global jobs market...Read More

Inflationary Angst

December 09, 2019 / news.goldseek.com

Stable Prices, SometimesDeaths of DespairRadical SolutionsIt's All Relative...Angst-Ridden VotersAccording to the dictionary, the word angst refers to "a feeling of deep anxiety or dread, typically an unfocused one about the human condition or the state of the world in general." It comes from a German word for "fear."Two weeks ago I referred back to my 2017 Angst in America series. "Deep anx...Read More

Elliott Wave Technician: Silver Price Well Within Our Retracement Levels

December 09, 2019 / www.silverdoctors.com

"...we should expect a very sharp rally..."by Captain Ewave of CaptainEwaveCaptain EwaveS&P500, Gold, & Silver: Trends & TradesEmail: [email protected] Website: www.captainewave.com GOLD: The next US jobs report is Friday, November 6! Gold often has wild volatility (although less recently) around the release of these reports, and then it shoots higher in the days that follow. Tomorrow could mar...Read More

Can Nanotechnology Save the Diamond Trade?

December 09, 2019 / www.diamonds.net

RAPAPORT... It's not easy for a diamantaire to compete in the emerging diamond-traceability market, admits Bruno Scarselli, a New York-based supplier of fancy-color diamonds. As the likes of De Beers, the Gemological Institute of America (GIA) and others roll out their tracking programs, he urges the trade as a whole to look beyond blockchain and consider its biggest obstacles."We need to res...Read More

Sotheby's Hires New Asia Jewelry Head

December 09, 2019 / www.diamonds.net

RAPAPORT... Sotheby's has appointed Wenhao Yu as deputy chairman ofjewelry for Asia, to help strengthen its expertise and sourcing capabilitiesand expand its business in the region. Yu was previously at Poly Auction Hong Kong, where he founded and headed its jewels and prestige collection department.Prior to that role, he cofounded the jewels and watches department at PolyAuction Beijing. "O...Read More

Alrosa Identifies Potential New Diamond Resources

December 09, 2019 / www.diamonds.net

RAPAPORT... Alrosa has identified three new exploration sites that couldpotentially yield 17.9 million carats of rough across their lifespan, according to preliminaryestimates.The sites are located close to Alrosa's Mir mine in the Yakutia region of Russia. "Detecting new diamond deposits in [the] Nizhne-Botuobinskaya area will make a significant contribution to the development of Alrosa...Read More

J.C. Penney Hires Ex-Pandora Exec

December 09, 2019 / www.diamonds.net

RAPAPORT... J.C. Penney has appointed Karl Walsh as chief digitalofficer, charging him with overseeing improvements to its e-commerce platforms and customer experience. Walsh waspreviously chief digital officer at Danish jeweler Pandora, a role he took onin March. He also worked at Boston Consulting Group and McKinsey & Company. He began at J.C. Penney on December 2, reporting to executiv...Read More

Mouawad Unveils $5 Million Miss Universe Diamond Crown

December 09, 2019 / www.idexonline.com

(IDEX Online) - Sightholder Mouawad has unveiled the $5 million crown created for the Miss Universe competition. The 18-karat gold creation, called The Miss Universe Power of Unity Crown, is set with over 1,770 white diamonds. The headpiece also features three yellow diamonds from Botswana including a 62.83-carat shield-cut canary yellow stone at its center. Through its partnership with...Read More

David Yurman Opens Innovative New NYC Flagship Store

December 09, 2019 / www.idexonline.com

(IDEX Online) - David Yurman has opened its New York flagship store. The 5,000 square-foot location spans three floors on East 57th Street.The store, described by cofounder Sybil Yurmn as "an emporium," offers David Yurman products across all categories, including high jewelry, women's, men's, wedding and watches and a curated assortment of limited-edition pieces exclusive to the 57th St...Read More

Metals prices start the week mostly upbeat

December 09, 2019 / www.metalbulletinresearch.com

A strong United States employment report at the end of last week gave most markets something to be cheerful about and that has flowed through into Asian trading on Monday December 9.Trading is likely to remain nervous this week while the manufacturing sector prepares for the holiday season and businesses focus on whether US President Donald Trump follows through with his threat to put 15% tariffs...Read More

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