RAPAPORT... Sales of jewelry and other luxury items in Hong Kong slid inOctober, marking the second-highest monthly decline on record as protests in the municipality dented consumer sentiment. Revenue from jewelry, watches, clocks and other valuablegifts fell 43% year on year to HKD 3.92 billion ($500.2 million) during themonth, the municipality's Census and Statistics Department reported Mon...Read More
RAPAPORT... Tiffany & Co. and Pandora received high ratings on anannual list comparing responsible sourcing by the largest companies in thefashion industry. Tiffany garnered the top rating of AAA in the retail category for thefifth consecutive year, according to the yearly Environmental, Social and Government report by index and analytics provider MSCI, formerly Morgan Stanley Capital Internat...Read More
LONDON – The crisis afflicting the diamond industry won’t end anytime soon, according to Liberum Capital Markets.There has been little good news this year. An oversupply of rough diamonds, a surfeit of polished stone stocks and falling prices have piled pressure on both the companies that dig them up and the lesser known businesses that cut, polish and trade them.Advertisement“Th...Read More
The S&P/TSX Composite Index rose 0.5% to close at 17,040.20. The S&P/TSX Global Mining Index gained 0.46% to 77, and the S&P/TSX Global Base Metals Index rose 0.34% to 102.58. The S&P/TSX Global Gold Index increased 1.12% to 243.66 and spot gold moved 0.2% higher, or US$2.90 per oz., to US$1,464 per ounce.Shares of Endeavour Mining jumped $1.42, or 5.93%, to $25.37 apiece. The company announced...Read More
The S&P/TSX Venture Composite Index gained 0.34% to 531.81. Spot gold finished at US$1,464 per oz., up 0.2%.Shares of New Pacific Metals jumped 36 ?, or 8.37%, to $4.66. The company recently announced interim financial results for the three months ended Sep. 30. Net income attributable to equity holders of the company was $1.29 million, or 1 ? per share, compared to a net loss of $752,583 or 1 ?...Read More
The Dow Jones Industrial Average rose 0.63% to 28,051.41 and the S&P 500 Index gained 0.99% to 3,140.90. Spot gold closed the trading week at US$1,464, up 0.2%.Nutrien shares gained US85 ? to US$47.72 on news that the company is increasing the number of common shares it may repurchase in a buyback program starting Dec. 2. The maximum number of shares to be repurchased increased to 42.16 million, r...Read More
Rick Rule - Life and Investing LessonsWhile it's always great to hear #RickRule talk about the markets, at this year's New Orleans Investment Conference we were able to catch up with Rick and talk about his life, and the lessons he's learned through investing.It was great to hear about some of Rick's biggest successes and failures, and the advice he would pass along to someone who's getting starte...Read More
The major stock market indices will move sideways through the remainder of the month (and year) to end the year about where they are now. That said, if markets move outside a narrow range, there is moreContinue...Read More
Dear Reader,The major stock market indices will move sideways through the remainder of the month (and year) to end the year about where they are now. That said, if markets move outside a narrow range, there is more downside potential than upside.This is a good time to lighten up on equity exposure and reallocate to bonds, cash and gold.Stock markets haven't gained much over the past two years. Tha...Read More
Teaser: Let’s face it, we live in a world of radical uncertainty. Yet we’re supposed to make perfectly rational decisions – so, how do we cope with the unknown? We tell narratives, and form our decisions around them! Let’s explore the narratives in the financial markets for it reveals their importance to the gold market. Let’s face it, we live in a world of radical un...Read More
The major stock market indices will move sideways through the remainder of the month (and year) to end the year about where they are now. That said, if markets move outside a narrow range, there is more downside potential than upside.This is a good time to lighten up on equity exposure and reallocate to bonds, cash and gold.Stock markets haven't gained much over the past two years. That may come a...Read More
The past month has provided a glimpse into the future.We got a 25 basis point rate cut from the Fed on October 30, 2019, the third such cut since late July.It's my opinion that the market - never satisfied with historically low interest rates or the complete about face from the Fed - will force the Fed into another rate cut sooner rather than later.When it happens isn't as important as why it will...Read More
Teaser: Let’s face it, we live in a world of radical uncertainty. Yet we’re supposed to make perfectly rational decisions – so, how do we cope with the unknown? We tell narratives, and form our decisions around them! Let’s explore the narratives in the financial markets for it reveals their importance to the gold market. Let’s face it, we live in a world of radical un...Read More
December2, 2019VANCOUVER, B.C. and TORONTO, ON- December 2, 2019 - NxGold Ltd. (TSXV: NXN) ("NxGold" or the "Company") and Mega Uranium Ltd. (TSX: MGA) ("Mega") are pleased to announce that, on December 1, 2019, they executed an arm's length binding term sheet (the "Term Sheet") which sets out the principal terms upon which it is proposed that NxGold will effect a change of business from a Tier 2...Read More
LONDON, 2 December 2019 - Analysis from BullionVault features today in a detailed look at the case for and against buying gold this New Year."Gold has been the star performer of 2019, but does the gold rush have further to run?" asks the magazine online. "We consider prospects looking ahead."Read the full report, including BullionVault's analysis of historic patterns for UK investors, at Money Obs...Read More
Share this articleTORONTO - Centerra Gold Inc. says two workers are missing after a "significant rock movement" at its Kumtor mine in the Kyrgyz Republic.The company says the incident happened at the Lysii waste rock dump and that two employees working in the area did not report to the emergency gathering area.Toronto-based Centerra says it has halted open pit mining operations and the mine plan i...Read More
Share this articleTORONTO - A Chinese mining company has signed a friendly deal to buy Continental Gold Inc. for $1.4 billion.Zijin Mining Group Co. Ltd. has agreed to pay $5.50 per share in cash for the Toronto-based company which is developing the Buritica gold project in Colombia.Continental shares closed at $4.87 on the Toronto Stock Exchange on Friday.The Buritica project is expected to prod...Read More
This really is the best damn acoustic I've ever played.. think I found the one. Pickup suggestions? Following my social media pages helps with booking shows. ?+(TM)?,??+(TM)?,?https://www.instagram.com/matthewscot...https://www.facebook.com/MatthewScott...If you would like to financially support the channel, there are some links below. ??(TM)????>>?oeOE???>>Lessons & Tabs from my videos. ?+(TM)?,?...Read More
"$XOM - 3 Oil Stocks To Buy For 5%+ Dividend Yields And Growth. Read more and get updates on any stock! https://t.co/RcCfF3cgS5 #stockmarket #stocks #business"Read full newsRead More