Bitcoin Futures flash-crashed this morning - plunging $1000 in seconds on massive volume...Continue...Read More

Bob Moriarty of 321gold dives into rare earth elements and one company exploring a high-potential property in British Columbia. I know of no sector in the resource space as hard to get a handle on as that of the Rare Earths or REOs, AKA REEs. In the last twenty years I have only come across one investor who actually understood which companies had red meat and which were pushing tofu. Since 321gol...Read More

It will use the proceeds to explore and advance its project in Nevada. Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) announced in a news release it agreed to sell its Yarumalito gold project in Colombia to GoldMining Inc. for $1.2 million in common shares and $200,000 in cash. The transaction is expected to close by Dec. 2, 2019.GoldMining already paid $25,000 as a deposit. Newrange will retain a 1%...Read More

With gold prices above $1,500/ounce, Thibaut Lepouttre of Caesars Report runs the numbers to see whether this mine might be worth taking another look at. IntroductionWhen the gold price started its move during the summer, someone asked us, "Do you know any 'old and forgotten' projects that aren't very appealing at $1,250 gold but have a lot of leverage on the gold price that would make it viable...Read More

In our most recent editorial we concluded by observing a few positives in the gold and silver stocks. W concluded with: “Their performance over the weeks ahead could give us an early hint as to how much longer the correction will last.” Fast forward another week and a few positives has morphed into a handful of positives.  First let’s look at GDX. In the chart below we plot...Read More

In a September report, the World Gold Council (WGC) pointed out that some investors are underexposed to gold. The gist of the study is that investors may assume they have adequate exposure to gold because they're invested in a fund that tracks a broad-based commodity index. The problem with this assumption is that most major commodity indices have a relatively small weighting in gold, and so the...Read More

Keith Weiner, Monetary MetalsNot too long ago, we wrote about the so called Modern Monetary so called Theory (MMT). It is not modern, and it is not a theory. We called it a cargo cult. You'd think that everyone would know that donning fake headphones made of coconut shells, and waving tiki torches will not summon airplanes loaded with cargo. At least the people who believe in this have the excu...Read More

- Stefan GleasonAs investors reset their clocks to accord with the end of Daylight Savings Time, they may also need to reset their expectations for future returns. A strong body of research suggests that artificially changing the time twice a year - forward, then backward an hour - does more harm than good. It leads to sleep disruptions, heightened stress, missed appointments, wasted time (...Read More

By: Ira EpsteinGold support around $1480 area if it were to breakdown. Gold fighting resistance with overbought market, serious resistance..Read More

RAPAPORT... Shares in Pandora dropped 18% Tuesday after the Danish jeweler lowered its full-year revenue outlook. The retailer reduced its forecast to a decline of 7% to 9%,from its earlier range of -3% to -7%, despite efforts to reignite sales withits brand relaunch. The decrease was due to a deliberate reduction in promotions in an effort to strengthen its brand, as well asdisappointing res...Read More

RAPAPORT... A fancy-vivid-blue diamond ring with a high estimate of $7.5million will go under the hammer at Christie's Magnificent Jewels auction inHong Kong later this month. The 3.24-carat piece, designed by Moussaieff, contains a square-emerald cut, 3.24-carat, internally flawless center stone surrounded by pink diamonds. Anotherprominent lot featured in the November 26 sale is a jadeite b...Read More

RAPAPORT... Couples are prioritizing personalization and overall costand quality rather than size when buying engagement rings, according to asurvey by wedding-planning resource The Knot. Some 45% of engagement rings contain custom-designedelements, the publication noted last week in a report based on a survey of over21,000 engaged or recently married couples. While diamonds were still the mostpop...Read More

RAPAPORT... Lucara Diamond Corp. reported a loss at its Karowe mine inthe third quarter, amid increased operating expenses and a weak market forsmaller stones. The company recorded a net loss of $4 million for the periodending September 30, compared to a profit of $5.1 million during the sameperiod the year before. Operating expenses grew 9% as the miner switched to anew contractor, it noted....Read More

RAPAPORT... Polished-diamond imports to Hong Kong declined 24% in the third quarter, according to Rapaport calculations based on data from the Diamond Federation of Hong Kong, China. Polished imports fell 12% in the first nine months of the year, the official figures showed.  Hong Kong Trade Data for 3Q 2019Read More

RAPAPORT PRESS RELEASE, November5, 2019, Las Vegas ... Diamond trading improved in late October after variousJewish, Indian and Chinese holidays. Dealers are focused on filling holidayorders as US jewelers prepare inventory for the season. Shortages are supportingprices of nonfluorescent RapSpec A3+ goods. Polished prices stabilized in October.The RapNet Diamond Index (RAPI?,,?) for 1-carat diamon...Read More

(IDEX Online) - Lucara Diamond Corp. has announced that plans to expand its 100-percent owned Karowe diamond mine is expected to double the mine's life to 2040. The miner also said the expansion would also generate "significant revenue and cashflow." "Lucara is highly encouraged by the results of the Karowe Underground feasibility study, which has outlined a much larger economic opportun...Read More

(IDEX Online) - Prices rough diamonds dropped 6 percent in the third quarter, Gem Diamonds reported today (Tuesday). Clifford Elphick, Gem Diamonds' CEO said the drop resulted from price pressure on high-value diamonds from the Let?... ?eng mine and lower value ore mined in the previous quarter.During the quarter, which ended September 30, the miner recovered four diamonds weighing over 100 c...Read More

(IDEX Online) - De Beers cut diamond prices by about 5 percent across the board at its November Sight, which ends on November 8, Bloomberg reports. According to reports, the price of some of the cheaper diamonds were slashed by double digits. Other Sightholders claimed De Beers also downgraded assortments, although this has yet to be confirmed.While the results of the ninth Sight of the...Read More

(IDEX Online) - Figures released by the Gold Council today (Tuesday) show demand for gold jewelry fell 16 percent year-over-year in the third quarter, to its lowest level since 2010. Demand stood at 460.9 tons as consumers shied away from buying because of higher prices and subdued economic sentiment. However, it was not all bad news for the yellow metal. Demand in the U.S. grew for the eleve...Read More

The underground expansion at diamond miner Lucara Diamonds' 100%-owned Karowe diamond mine, in Botswana, is expected to not only double its mine life, but also generate significant revenue and cashflow until 2040.A feasibility study into the underground expansion has found that the adapted life-of-mine of an additional 15 years, including stockpiles, will produce 7.8-million carats of diamonds...Read More