Sprott's Ed Coyne discusses the current state of the gold market with John Hathaway and Ryan McIntyreRead More
Bob Moriarty of 321gold discusses the implications of the drill results the company released at its gold project in Fiji. Lion One TuvatuWhen I found out Quinton Hennigh was going to be a geological advisor to Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) back in early 2019, I wrote about them. They just announced results that pretty much prove what I was trying to say. In technical terms, they h...Read More
Further drilling is planned to increase the project's now existing resource. TerraX Minerals Inc. (TXR:TSX.V) announced in a news release that an initial mineral resource estimate was prepared for its Yellowknife City gold project in the Northwest Territories.The Inferred resource is an estimated 735,000 ounces (735 Koz) and composed of two parts. One is a pit-constrained Inferred resource of 11....Read More
We wrote a very telling research article on October 24th, 2019. We never published it because we had other articles scheduled to be published over the next few weeks in the queue and because our subscribers get our trade alerts before the general public. At this point, we are sharing that past article as well as some current research for Natural Gas that should be very interesting to you.Pay...Read More
(originally published Wednesday, October 16, 2019)Well, what a shame. Just when the survivalists had got their hopes up that they would actually be able to start using their vast stores of canned and freeze dried foods and unload some of their ammo magazines on waves of zombielike starving hordes lurching forwards relentlessly towards their bunkers, along comes the Fed and inaugurates QE4. QE4...Read More
- Dave Kranzler Value Play - Fortuna Silver - (FSM, FVI.TO - US$3.07) - Most of the stocks I follow are micro-cap junior "venture capital" plays. However, I'll invest in a larger cap producing mining company if I believe the stock has been sold down irrationally to a price that offers superior upside risk/return potential. Click chart to enlarge.Fortuna was founded in 2005 with a focus on a...Read More
By: Gary Christenson, The Deviant InvestorBreaking News:The Dow closed at 26,616 on Jan. 26, 2018, a new high. The Dow closed on November 5, 2019 at 27,492, a gain of 3% in 22 months.Gold closed at $1,352 on Jan. 26, 2018. Gold closed at $1,484 on November 5, 2019, a gain of 10% in 22 months.The Fed announced they would buy $60 billion/month in Treasuries but refused to admit it was QE. Sounds l...Read More
By: Ira EpsteinGold support just below, swinglines bearish:Read More
It often seem as though trade-deal news drives the markets, but how could this be so when we all know that China will never, ever change its crooked ways? Not that it matters. If Trump hadn't started a tariff war, it would have made little difference in the way a bull market now in its eleventh year behaves; stocks would still be trading about where they are. The only difference is that the con-...Read More
Postponement of US-China trade deal to December should be bullish for gold and silver. I will prefer a buy on dips strategy as long as gold trades over $1475 for intraday. Use sharp dips to invest in silver for month end with a stop loss below $1660. Copper and crude oil should fall on speculation of trade talk. U.S. lawmakers seek to ban federal pension fund from investing in China: This is the...Read More
Silver plunged on Tuesday, just as it was likely to after the triple reversal that we've been writing about...by Przemyslaw Radomski via Sunshine ProfitsSilver plunged on Tuesday, just as it was likely to after the triple reversal that we've been writing about, and it was declining strongly during Wednesday's pre-market trading. And then it all changed. Silver soared before the U.S. markets ope...Read More
Sentiment improving afterDe Beers reduced rough prices 5%-7% at Nov. sight. Better demand for RapSpecA3+ polished, driven by US holiday orders. Chinese demand and reduced supplysupporting 0.30 to 0.50 ct. D-G, IF-VS categories. Potential US-China tradedeal boosts expectations for Chinese New Year. 1 ct. RAPI -0.1% in Oct.; 0.30ct. RAPI +1.5%. Surat manufacturers on Diwali vacation and expected to...Read More
Mumbai market still not fully operational asdealers return from Diwali vacation. Surat factories closed for another week ortwo.Dealers focused on filling US orders and select demand from China.Shortage of top-quality SIs due to reduced manufacturing. Cutters hoping forbetter profit margins after Diwali break following De Beers rough price cuts. RoundRead More
RAPAPORT... Prices of yellow diamonds decreased in the thirdquarter, driving down the overall fancy- color index even while pinks and bluesremained steady, the Fancy Color Research Foundation (FCRF) said. The index for yellows fell 1.5% quarter on quarter for the threemonths ending September 30, and 4.9% year on year, according to the FCRF, whichreleased its quarterly Fancy Color Diamond Inde...Read More
(IDEX Online) - Hong Kong- based Sightholder KGK formally inaugurated its new cutting plant in Luanda, Angola earlier this week. This is the country's fourth diamond-cutting plant and is a partnership between KGK (65 percent), UST (30 percent) Sodiam EP 5 percent and UST (30 percent), reports the Angolan press agency. The partners have already invested $5 million out of a planned $2...Read More
RAPAPORT... KGK Diamonds has become the fourth company to open acutting factory in Angola as part of a national project to boost localmanufacturing, the government said in a post on its Facebook page Monday. The Hong Kong-based sightholder launched the operationtwo months ago, with a formal ceremony taking place Monday in the presence ofDiamantino Azevedo, the minister of minerals, resources...Read More
RAPAPORT... Tiffany & Co. has asked LVMH Mo?<
Angola Diamond Sales Increase 11.7% in Q3(IDEX Online) - Angolan diamond sales increased 11.7 percent in the third quarter of 2019. Revenues reached $294.85 million compared to 2018, an increase of $30.7 million, reported Macauhub. Sodiam, the Angolan national diamond trading company, said the country sold 2.94 million carats of diamonds during the quarter, an increase of 46 percent or 7...Read More
RAPAPORT... The Rapaport Diamond Podcast interviewed Stephen Lussier, De Beers' vice president, consumer and brands, after the company published its annual Diamond Insight Report.Lussier outlines the key takeaways from the report, titled Diamonds and Love in the Modern World, stressing how the industry can capitalize on the trends in modern relationships. While the bridal segment has struggled to...Read More
(IDEX Online) - Prices of fancy color diamonds remained stable in the third quarter of 2019, according to the Fancy Color Diamond Index (FCDI) published by the Fancy Color Research Foundation. The prices of pinks remained stable this quarter. The slight decrease of 0.1 percent overall was due to a 3-percent decrease in the 5 carat fancy pink category. However, all fancy vivid pinks rose by 0....Read More