Topics:Changing of thepopulism Guard: Populism on the rise globally and what it meansBrexit: Will it happen and what does it mean for markets?Steve Keen is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. Keen was formerly an associate professor of economics a...Read More
"I do not question the actions of the New York Fed, but I write to seek clarity on why they were necessary, and the implications of the cause of the spikes." Continue...Read More
The agreement reached between Turkish President Erdogan and U.S. Vice President Pence for a temporary ceasefire in the Turkish incursion into northern Syria demonstratesContinue...Read More
Thibaut Lepouttre of Caesars Report profiles this company exploring its large land package in Finland's greenstone belt. Jeesio BOT Sampling Winter 2018IntroductionFinland would hardly be a country you'd think of when considering exploration companies. However, it's not such a far-fetched idea as senior producer Agnico Eagle Mines (AEM, AEM.TO) has been a successful producer in Finland for years...Read More
Frank Holmes, CEO of U.S. Global Investors, discusses why he believes gold will go to $10,000, weighs in on the cryptocurrency versus gold debate, and explains why his gold and precious metals ETF is outperforming its peers, naming some of its top performing companies. The Gold Report: Frank, you've said you expect gold to reach $10,000/oz. Can you tell us about your prediction and the factors th...Read More
Keith Weiner, Monetary MetalsWe talk a lot about the falling interest rate, the too-low interest rate, the near-zero interest rate, the zero interest rate, and the negative interest rate. Hat Tip to Switzerland, where Credit Suisse is now going to pay depositors -0.85%. That is, if you lend your francs to this bank, they take some of them every year. Almost 1% of them.A bank deposit comes wit...Read More
Stewart Thomson 1. If investors bring proper tactics to the table, gold price reactions can be exhilarating.2. Please click here now. Double-click to enlarge this GDX daily chart.3. There's nothing more satisfying than buying a market near a low and selling near a high.4. The key to doing that is buying near a previous low, either with very small size or with a stop...Read More
Clint SiegnerThe Wall Street Journal's Jason Zweig famously referred to gold as a "Pet Rock" in 2015. He was blasted by people who understand that gold is no passing fad, and it serves some very important roles in an investment portfolio.The valuable roles played by gold have been well covered here. It's a hedge against both inflation and deflation, it represents true diversification for por...Read More
By: Ira EpsteinGold might be heading back to $1475 support area, the daily chart shows no-man's land..Read More
What are your favorite myths about silver and gold? by Matt from Silver Fortune via Silver FortuneWhat are your favorite myths about silver and gold? Read More
RAPAPORT... The US jewelry trade contracted in the third quarter, withthe rate of downsizing gaining speed after a slowdown over the past few months,data from the Jewelers Board of Trade (JBT) revealed. In the three months ending September 30, 286 jewelrybusinesses exited the market, a 27% jump versus the same period a year ago.Retailers constituted 229 of those - 19% more than last year, whi...Read More
RAPAPORT... DeBeers' production dropped in the third quarter as the miner responded to a declinein rough demand that has left it with an inflated stockpile of diamonds. Outputfell 14% to 7.4 million carats for the period amid planned mine closures andthe transition from open-pit to underground mining at its Venetia project inSouth Africa, parent company Anglo American said Tuesday. "We continue to...Read More
RAPAPORT... Alrosa's sales fellin the third quarter amid a drop in the average price as the miner sold alarger proportion of small stones, it reported Thursday.Sales decreased 37% to $611 million for the three months ending September 30, asproceeds from both rough and polished diamonds declined. Rough sales slipped37% to $601 million, while the average price for gem-quality diamonds slid 32%to $13...Read More
RAPAPORT... The Gemological Institute ofAmerica (GIA) has committed $1.3 million to deploying its free gemology guidefor artisanal miners across multiple countries in Africa. The kit will be available to 10,000 miners over four years inMadagascar, Nigeria, Rwanda and Zambia, GIApresident and CEO Susan Jacques said Tuesday. It follows a successful pilot project in Tanzania, which the institute comm...Read More
RAPAPORT... Belgium's diamond trade slowed in September, continuing adownward trend for the year. A 25% decline in polished exports reflected lowervolumes and a fall in the average price. Read More
(IDEX Online) - Petra Diamonds announced a 23-percent drop in revenue to $61.6 million in Q1 2020 compared to $80.2 million in the same quarter of 2019. By volume, the number of carats fell from 626,541 to 603,626. The company said the drop in revenue resulted from lower diamond prices and volumes and a poorer product mix at Finsch, Williamson and Koffiefontein.Production increased 1 percent...Read More
(IDEX Online) - Diamcor Mining sold over 4,000 carats at its first Q3 tender and sale. With proceeds totaling $424,072.44, sales resulted in an average price of $105.15 per carat. Diamcor has been processing historical tailings and stockpiled materials at the Krone-Endora at Venetia Project, which led to an expected lower average price per carat. The company said price weaknesses in certain c...Read More
(IDEX Online) - Anglo American today (Tuesday) announced that De Beers' Q3 production dropped 14 percent to 7.4 million carats compared to Q3 2018 (8.7 million carats). The company said the lower figures were expected with the Victor mine in Canada coming to the end of its life and the transition of Venetia in South Africa to underground production. Year-to-date, De Beers' diamond p...Read More
Golden Mile goes back to the futureSPONSOREDgolden mile resourcesProtests turned violent Friday following the implementation of a 3-4% increase in Metro fares in capital Santiago, which resulted in the government declaring a state of emergency and invoking publicRead More
Canadian investment firm BMO said KGHM's copper sales figure of 167 kt - which was down 1% year on year - was 10% lower than expected, which it said was possibly due to the timing of deliveries.Read More