Focus will now shift to US December private ADP job numbers tomorrow and Friday's US December nonfarm payrolls. Both these numbers should come it at or over 160,000 for gold and silver to see selling pressure. Use sharp dips to invest for Easter in both gold and silver. Trade pact with China and Brexit has already been factored by the markets. Trump has started 2020 with a fragile Middle east an...Read More
Peter Epstein of Epstein Research profiles this explorer and explains why he believes it could be a take-out target.Strong drill results have confirmed and expanded the Bend Vein target on Scottie Resources Corp.'s (SCOT:TSX.V) 100%-controlled Bow property. During September, the company completed 878 meters of diamond drilling, 2 km NE of the 100%-owned past-producing Scottie Gold Mine located in...Read More
Fund manager Adrian Day reviews recent developments with precious metals producers in his portfolio. Newmont Goldcorp Corp. (NEM:NYSE, $42.83) is in our portfolio because Newmont acquired Goldcorp. Over the past eight months, it has been active with major sales, including 50% of Kalgoorlie in Australia Barrick also sold the other 50% just a little before and Red Lake (which came with Goldcorp), b...Read More
Maurice Jackson of Proven and Probable and Jayant Bhandari of Capitalism and Morality talk about the dangers posed by education, prosperity and democracy to economic stability and the accumulation of wealth. Maurice Jackson: Joining us for conversation is Jayant Bhandari, the founder of Capitalism and Morality and highly sought-out advisor to institutional investors. Mr. Bhandari, welcome to the...Read More
The year included achievements related to exploration and finances. Great Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTCQX) CEO Chris Taylor recapped the 2019 year in his annual letter to shareholders. "It was a very good year for our company," he wrote. He listed four of Great Bear's key accomplishments. In terms of exploration at its Dixie project, it discovered six new gold zones along 4 kilometers...Read More
Normally, after tensions between Iran/Iraq and the US flare-up, Oil and Gold rally quite extensively but reversed sharply lower by the end of the session. Yes, Gold is 1% higher today and was up over $35 overnight, but Crude Oil has actually moved lower today which is a fairly strong indication that disruptions in oil supply from the Middle East are not as concerning as they were 10+ years ag...Read More
Gold and silver investors buy metals because they are scarce.Precious metals are by nature difficult to find, and hard to produce.Consequently, above ground stocks are limited and valuable, particularly whenpriced in unlimited fiat currencies. The bankers and government officials behind these fiat currencysystems don’t like stable monetary benchmarks such as gold putting theirinflation schem...Read More
1. As America loses a ridiculous trade war and manufacturing activity tumbles to 10year lows, the nation's horrific GDP growth rate for 2019 was ranked an abysmal... number 107 in the world. 2. The outlook for 2020 is even worse. The government's debt to GDP ratio is more than 100%, and the rancid "end of empire" cake is now getting iced with maniacal debt-oriented warmongering.3....Read More
1. As America loses a ridiculous trade war and manufacturing activity tumbles to 10year lows, the nation's horrific GDP growth rate for 2019 was ranked an abysmal... number 107 in the world. 2. The outlook for 2020 is even worse. The government's debt to GDP ratio is more than 100%, and the rancid "end of empire" cake is now getting iced with maniacal debt-oriented warmongering.3....Read More
Bob Moriarty ArchivesJan 7, 2020We are in the best time of the year to be invested in resource stocks. That is from late December into perhaps March. Add to that a quite insane US President eager to accelerate the start of World War III for Israel and you have what at least will be an interesting environment until the US either regains its sanity or becomes a pile of ashes.I was in a war. I didn&r...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJan 7, 2020As America loses a ridiculous trade war and manufacturing activity tumbles to 10year lows, the nation’s horrific GDP growth rate for 2019 was ranked an abysmal... number 107 in the world.The outlook for 2020 is even worse.The government’s debt to GDP ratio is more th...Read More
By: Ira EpsteinGold's move to 7-year highs, what to look for next: resistances and supports:Read More
Focus will now shift to US December private ADP job numbers tomorrow and Friday's US December nonfarm payrolls. Both these numbers should come it at or over 160,000 for gold and silver to see selling pressure. Use sharp dips to invest for Easter in both gold and silver. Trade pact with China and Brexit has already been factored by the markets. Trump has started 2020 with a fragile Middle east an...Read More
RAPAPORT... A 5.01-carat yellow-diamond ring was the most expensive piece of jewelry purchased on eBay in 2019, selling for $65,950.The piece, which is set on a gold band and flanked by 1-carat side stones, was one of two yellow diamonds that appeared in a list of the five priciest jewelry purchases at the e-commerce giant last year, the company said last week. A princess-cut, 7.31-carat, lig...Read More
RAPAPORT... Pandora's shares rose 12% after the company released preliminary results indicating it would meet its sales outlook for the year.The Danish jeweler expects same-store sales - at branches open for at least a year - to have fallen 4% in the fourth quarter of 2019 and 8% for the full year, it said Monday. The figures are in line with the forecast the company issued at the beginning o...Read More
RAPAPORT PRESS RELEASE (Revised), January 7, 2020, Las Vegas... Diamond market conditions improved in December as US and Chinese holiday demand helped raise sentiment. Polished prices stabilized and improved for sizes under 1 carat, supported by shortages of G+, VS2+ goods. High-end qualities (F+, VVS+) of 3 carats and larger diamonds remain weak. The RapNet Diamond Index (RAPI?,,?) for 1-car...Read More
(IDEX Online) - Diamond tender house Bonas will hold a gemstone tender viewing at the February Bangkok Gems & Jewellery Fair (BGJF) from February 25-27. The tender will feature 500 lots of colored gemstones. The lots will also be available for viewing in Hong Kong from March 1-4. Items on offer in the tender which is being organized with the support of the Asia Gem Center in Bangkok,...Read More
RAPAPORT... Output at Lucapa Diamond Company hit a record in the fourth quarter, leading to its strongest annual production, the miner said Monday.Production for the three months ending December 31 increased 72% year on year to 14,007 carats from the company's Lulo mine in Angola and Mothae mine in Lesotho. The record was buoyed by Mothae, with production from the deposit more than tripling c...Read More
(IDEX Online) - The National Association of Jewelry Appraisers (NAJA) has updated and expanded its Appraisal Studies Course (ASC) in its latest online incarnation. The ASC course covers a wide range of subjects from appraisal theory and methodology to jewelry history. There is a quiz at the end of each lesson to check students' knowledge. There are also interactive sections within each l...Read More
(IDEX Online) - Dominion Diamond Mines and De Beers are both looking to expand their current projects in Canada. The two companies have submitted applications to the Mackenzie Valley Land and Water Board requesting permission to ramp up their exploration activities, according to nnsl.com. Dominion has requested a five-year license to explore the area around Glowworm Lake, which lies to the ea...Read More