- RambusI can remember there were times during the PM complex bull market before 2011 that sometimes the PM metals would rally but the PM stocks were very weak. Then there were times when the PM stock would rise while the PM metals moved very little. At the time of those occurrences it was bewildering as common sense suggested they should all move together and the stronger the metals moved so...Read More
By: Ira EpsteinI do not buy anything Trump is saying in front of NATO, for the press, in negotiations in his trade-deals. Next round of sanctions with China is nearing and will know more soon. Gold still not over the key 18-week moving average, negative bias remains..Read More
Gold and silver would have skyrocketed yesterday but for news of nearing of a trade deal. US November private ADP numbers stood at 67,000. If nonfarm payrolls on Friday matches ADP, then chances of interest rate cut in next week FOMC could be very high. Gold just corrected on trade deal news while silver fell. Crude oil zoomed. Trump has a history of flip-flop, unless a trade deal is actually si...Read More
Jewelers and memo dealers gaining confidence afterpositive start to holiday season. E-commerce driving growth, with record $9.4Bpurchases on Cyber Monday, according to Adobe Analytics. NRF counts 189.6Mshoppers and average spend +16% to $362 over Thanksgiving weekend. Tiffany& Co. 3Q sales flat at $1B, Signet Jewelers sales flat at $1.2B. Shortagesand holiday demand supporting diamond prices,...Read More
Buyers actively lookingfor goods amid scarcity of better-quality RapSpec A3+ diamonds that are indemand. Very little new supply available since manufacturers decreasedproduction over last five months. Rough orders expected to improve at nextweek's sight as cutters prepare for post-holiday restocking among jewelers.Steady sales of I1-I3 stars and melee. Interest in certified stones centeringon good...Read More
RAPAPORT... Sales at Tiffany & Co. were flat at $1.01 billion in thethird fiscal quarter as increases in mainland China compensated for weakspending in the US and Hong Kong. Revenue declined 4% to $422.5 million in the Americas region assales to tourists fell, while local customers also trimmed their spending, thejeweler said Thursday. Asia-Pacific sales were unchanged at $294.1 million amid"d...Read More
RAPAPORT... Signet Jewelers' shares jumped 6% in early trading Thursdayafter the retailer increased its sales forecast for the current fiscal year. The jeweler adjusted its guidance following a rise insame-store sales in the third fiscal quarter, it said Thursday. While groupsales slipped 0.3% to $1.19 billion in the three months ending November 2,same-store sales - at branches open for at le...Read More
RAPAPORT... Rough-diamond buyers are anticipating an improvement insales at next week's De Beers sight, as the miner is withdrawing concessions that allowed clients to reject goods. De Beers will revert to its standard rules limiting sightholders' abilityto refuse or defer their supply allocations, sources in the rough market told Rapaport News.They will also only be able to sell 10% of their purc...Read More
(IDEX Online) - Unrest in Hong Kong hit jewelry chain Tiffany & Co. hard in its third quarter. The company reported that worldwide net sales of $1 billion and comparable sales were unchanged from the prior year. Excluding Hong Kong, worldwide net sales and comparable sales increased by 4 percent and 3 percent, respectively.Worldwide net sales for the third quarter were unchanged from the prior...Read More
(IDEX Online) - Signet Jewelers Limited today (Thursday) announced that same store sales at its North American locations increased 2.9 percent in Q3 2020. Average transaction value (ATV) increased 0.5% and the number of transactions increased 2.8 percent.Online sales grew 13 percent and brick and mortar same store sales grew 1.6 percent.Signet's top performing U.S. brand was James Allen, whic...Read More
(IDEX Online) - Laboratory grown diamonds grown using the chemical vapor deposition (CVD) process could be prone to extreme color instability warns Gemological Science International (GSI).During standard testing by GSI, a 2-carat CVD diamond was exposed to high-powered UV rays and went from near colorless to blue color. It was then returned to the vault. When it was taken out a week-and-a-half lat...Read More
Galena provides a leading lightSPONSOREDgalena miningOZ's market rating hangs on a smooth start-up and commissioning of the project.Read More
Has the United States dollar conquered "Triffin's dilemma"?That is… is the dollar safely and securely perched atop the global monetary system?Today we turn away from the bright, sunlit world of appearance... and seek our answer in the "shadows."For "the eye is always caught by light," as author Gregory Maguire styles it - "but shadows have more to say."To these shadows we shall listen.Belgia...Read More
Dear Rich Lifer,When it comes to saving money, a category many people cut out right away is dining out. This makes sense – restaurant meals can be pricey, and when you add on tax and tips, they can break the budget quickly.Luckily, if you use a little forethought, there are lots of ways you can save money and still indulge in a meal out now and then.Here are a few of our favorites:BYOBAn eas...Read More
Kinross Gold (TSX: K; NYSE: KGC) is selling 20.7 million shares, or its 9.2% stake, in Lundin Gold (TSX: LUG) for $150 million.Shareholders Newcrest Mining (ASX: NCM) and the Lundin Family Trust are buying the Kinross shares, boosting their interest in Lundin Gold to 32% (from 27%) and 27% (from 23%), respectively.Kinross said the move was part of its "portfolio management strategy" and broader ef...Read More
Increasing violence in communities around its Richards Bay Minerals complex in South Africa has forced Rio Tinto (NYSE: RIO) to curtail all mining operations there, the Anglo-Australian miner says.The company reported "an escalation of criminal activity" towards the unit's employees, and said one person had been shot and seriously injured.Smelters at the unit are operating at a reduced level.Meanw...Read More
In October, the Committee for Mineral Reserves International Reporting Standards (CRIRSCO) released the October 2019 version of the CRIRSCO template for standardized public reporting of exploration results, mineral resources and mineral reserves.The publication marks another step forward in the harmonization of international reporting standards used in jurisdictions like Canada (CIM), Australia (J...Read More
Exore excels in Cote d'IvoireSPONSOREDexore resourcesArtemis all set thanks to unique approachSPONSOREDartemis resourcesDark Horse could be 2020 bolterSPONSOREDdark horse resourcesUS takes long-term position on mineral supplySPONSOREDverisk maplecroftThe fantasy outcome from a dual listing is an immediate large flow of capital from otherwise reluctant institutions.Read More
Paola Tinoco presenta las mejores recomendaciones literarias para la semana.05 diciembre de 2019 COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excelsior_MexSitio: http://www.excelsior.com.mx/tvSuscr?-bete a nu...Read More
Ana Margarita R?-os-Farjat, extitular del SAT, fue elegida como nueva ministra de la SCJN en sustituci??n de Eduardo Medina Mora.05 diciembre de 2019 COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excelsior_Mex...Read More