Bitcoin fell $3,000 in just a month as China accelerated its crackdown on companies involved in cryptocurrency operations.Continue...Read More
"The gold symbolizes the strength of the country." Continue...Read More
Risk appetite is in vogue to start the week after China said over the weekend it will step up its efforts to protect intellectual property rights.Continue...Read More
Bob Moriarty of 321gold explains why he sees the stock of this gold explorer as a buy right now. Investors spend a lot of time pondering both Technical Analysis and fundamentals to determine entry and exit points for investing. Perhaps they would make more money studying human behavior. Investing is not as difficult as the Gurus and Experts try to make it; it is no more complex than buying cheap...Read More
This analysis continues from part 1 (Gold Price Trend Forecast 2019 Current State). The gold price has had a strong bull run this year, breaking out of it's long-term trading range of $1370 to $1150, which propelled the Gold price towards a core target zone of $1500 to $1530 though ahead of the time frame I had in mind therefore putting the gold price into an extremely overbought state. The price...Read More
The Q3/19 results and the Q4/19 outlook are outlined in a BMO Capital Markets report.In a Nov. 5 research note, BMO Capital Markets analyst Alexander Pearce wrote that following the reporting of Q3/19, the outlook for Cameco Corp. (CCO:TSX; CCJ:NYSE) "remains robust, with a strong balance sheet and upside potential if uranium prices recover quicker than expected." Q4/19 is expected to be more acti...Read More
StrengthsThe best performing precious metal this week was palladium, up 3.85 percent. Shipments of palladium from Switzerland to Hong Kong rose to a five-year high in October. In the weekly Bloomberg survey of gold traders and analysts, most respondents were surprisingly bullish on the yellow metal for next week, expecting further tension between the U.S. and China over Hong Kong. President of...Read More
Endeavour Silver's most profitable mine will be shut down indefinitely by the end of November due to the exhaustion of mineral reserves...by Steve St Angelo of SRSrocco ReportEndeavour Silver's most profitable mine will be shut down indefinitely by the end of November due to the exhaustion of mineral reserves. All employees will be laid off, and the mine will be put on care and maintenance. Th...Read More
Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | Android | Email | Stitcher | RSSThe stock market surges again while gold & silver continue their downside momentum, yet respectively, they sure do look like bull and bear traps...Mike & Half Dollar host Silver Doctors Live on Mondays & Wednesdays at 12:00 p.m. EST.Watch the show live, or the replay of it, in its entirety!Link to...Read More
RAPAPORT... Burglars stole more than $1 billion in jewelry, diamonds andgemstones from the historic Green Vault museum in Germany on Monday morning, according to media reports. The thieves gained access to the Dresden museum by twistingback iron grill bars on a ground-floor window, after a nearby fire at a powerdistributor likely disabled the museum's alarm system, German news outlets said. The G...Read More
RAPAPORT... Hong Kong-based jeweler Tse Sui Luen (TSL) raised concerns about theimpact of the Hong Kong protests on its business, as weak consumer sentimentdented sales. "The weak local consumer sentiment as a result of citywideprotests has made it challenging for retailers to operate," the company saidlast week. "The situation was exacerbated by the significant drop in visitorarrivals, parti...Read More
RAPAPORT... Stargems sold nearly $50 million worth of rough diamonds ata record-breaking tender in Dubai this month. A total of 577,000 carats of high-quality rough from acrossAfrica went on sale at the Dubai Diamond Exchange's Almas Towers, withmore than 500,000 of those originating from the Sacim mine in the DemocraticRepublic of Congo. More than 200 international buyers attended the sale,o...Read More
RAPAPORT... LVMH Mo?<
(IDEX Online) - Larry Spicer, a security expert, has joined the leadership team of Jewelers Mutual. Spicer, who has held leadership positions at Aurora Healthcare, Home Depot, and Kohl's, has assumed the role of vice president of Loss Prevention and Risk Management Services. Most recently Spicer was the director, Public Safety at Aurora Healthcare in Milwaukee where he was responsible fo...Read More
(IDEX Online) - Ending weeks of speculation, French luxury group LVMH Mo?? <
(IDEX Online) - It may be too early for retailers to celebrate a strong end to the year, but with total U.S. jewelry and watch sales up for the third month in a row, it's a good sign that 2019 will end much better than it started. Sales of fine jewelry and fine watches increased by 6 percent in the U.S. market in September compared to September 2018, as the graph below illustrates. Follo...Read More
(IDEX Online) - Stargems, a DMCC-registered international diamond company, sold just under $50 million worth of goods at its recent tender at the Dubai Diamond Exchange. The sale was one of the largest rough diamond tenders held in the UAE.The goods on offer included over 500,000 carats from the SACIM mine in the Democratic Republic of the Congo (DRC). A total of 577,000 carats of rough were viewe...Read More
Galena provides a leading lightSPONSOREDgalena miningBHP will acquire 77 million shares at 22.15p a share, a 13% premium to the Friday closing price of 19.58p. Shares in SolGold opened strongly today, up more than 13% at 22.2pThe investment takes BHP's holding in SolGold to 282.7 million shares, and it will obtain 19.25 million options exercisable at 37p for five years as part of the investment.Ga...Read More
Another wave of optimism regarding United States-China trade talks has boosted broader markets and weakened havens, but the base metals have not taken much notice yet. Asian equities are stronger led by a 1.3% rise in the Hang Seng.Base metalsThree-month base metals prices on the London Metal Exchange were mixed this morning, Monday November 25. Nickel was the main mover with a 0.7% fall to $...Read More
Scottsdale, Arizona November 25, 2019Editor's note: We hate to bear poor tidings this Saturday, but tax season is just around the corner. How can you reduce your tax bite? Today, "Rich Dad" Robert Kiyosaki shows you two strategies. Hint: the rich use them to take advantage of the tax code.Dear Reader,In the big picture of personal finance, there are four financial forces that cause most people to...Read More