Technical analyst Clive Maund examines the data and answers the question. The precious metals sector has been on the defensive since gold's COTs reached extreme readings in August, and silver broke down from its parabolic uptrend in September. Many think that the sector correction has now run its course, but has it? That is the question that this update is intended to answer. On gold's latest six-...Read More
Gold bugs will remember 2012 as the last year of hope that gold was still in its bull cycle as it managed to hold key support around 1550 into year end. It should not be lost on us that here into year-end 2019 gold’s new bull cycle has risen to, and logically halted at, the very same former support that is now important resistance to a new bull market.We anticipated this resistance in the su...Read More
RAPAPORT... Gemfields raised $27.2 million at its November sale, capping offthe miner's second-highest annual results in 10 years. "[The company] has realized $79 million of auction revenuesin 2019, the second-best calendar year performance since the auction system wasintroduced a decade ago," Gemfields managing director Adrian Banks said Friday. The miner sold 320,000 carats of rough emerald...Read More
RAPAPORT... Two of the top US department stores noted strong jewelrysales in the third fiscal quarter, even as their overall sales disappointed. "In terms of specific results, our top-performingmerchandise categories in the quarter included fine jewelry, footwear, men'sand women's apparel," J.C. Penney chief financial officer Bill Wafford saidlast week on an analyst call transcribed by Seekin...Read More
RAPAPORT... The definition of a conflict diamond will remain unchanged, despite a three-year effort to broaden the mandate of the Kimberley Process (KP). Government representatives were not able to reach the required consensus on the issue at last week's plenary meeting in New Delhi, India. The meeting on November 22 marked the end of the KP's three-year review period, thus presenting a final...Read More
RAPAPORT... Gem Diamonds has recovered two diamonds weighing more than100 carats from its Let??eng mine in Lesotho. The miner found a 120-carat, high-quality, white, type IIa diamond onNovember 20, and a 125-carat, low-quality stone on November 19, it said. The stones are the ninth and 10th of that magnitude for the company so farthis year. It recovered five high-quality white stones and thre...Read More
(IDEX Online) - Attempts to strengthen the scope of the Kimberley Process (KP) failed at the recent KP plenary after government representatives failed to reach a consensus.Despite the lack of progress, the World Diamond Council (WDC) said it continued to be committed to advocating for change. WDC president Stephen Fischler called the failure to achieve consensus, "a missed opportunity to enhance t...Read More
(IDEX Online) - LVMH has raised its bid for U.S. jewelry chain Tiffany & Co to almost $16 billion, according to reports by Reuters. Earlier this month, Tiffany turned down the French luxury group's $120-per-share offer, arguing that the company is worth more.Reuters quoted sources that said Tiffany agreed to give LVMH access to its books. They also said the jewelry company plans to contin...Read More
(IDEX Online) - A direct-to-consumer fine jewelry brand that uses lab-grown diamonds and recycled gold has received $1.2 million in seed funding. Kima?? ?, which has been worn by the Duchess of Sussex Meghan Markle, Emma Watson and Jessica Alba, aims to bring "transparency, innovation and inclusivity to a consciously minded generation of consumers." Kima?? ? handmakes it pieces in Antwerp, us...Read More
Foran Mining Corporation (TSX.V: FOM) is a copper-zinc exploration and development company with flagship McIlvenna Bay project, located within the Hanson Lake District, 65 kilometres from Flin Flon, Manitoba. It is part of the world class Flin Flon Greenstone belt and the largest undeveloped VMS deposit in the region. We learned from Patrick Soares, President and CEO of Foran Mining, that they hav...Read More
These are the good times, but why are subprime credit cards, auto loans, and short-term installment loans blowing out?Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklaho...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points in pre-opening trade. Index futures responded to news on U.S./China trade negotiations confirming that China plans to increase penalties on Chinese companies that steel intellectual property.TDAmeritrade has agreed to its purchase by Schwab in an all-stock deal valued at $26 billion. Each TDAmeritrade will swa...Read More
RAPAPORT... Gem Diamonds has recovered two diamonds weighing more than100 carats from its Let??eng mine in Lesotho. The miner found a 120-carat, high-quality, white, type IIa diamond onNovember 20, and a 125-carat, low-quality stone on November 19, it said. The stones are the ninth and 10th of that magnitude for the company so farthis year. It recovered five high-quality white stones and thre...Read More
RAPAPORT... Gemfields raised $27.2 million at its November sale of emeralds, capping offthe miner's second-highest annual results in 10 years. The miner sold 320,000 carats of rough emeralds at anaverage price of $85 per carat, the highest at any Gemfields emerald auction.Some 87% of lots found buyers. The Singapore sale also set a company record for the highest number of bidders, at 48. Man...Read More
12 Year OLD Got BULLIED, So I Surprised Him With MINTY PICKAXE CODE.. (Fortnite)Follow me on all my social medias ????,??-? OPEN FOR MORE INFORMATIONMinty Pickaxe Giveaway, https://www.instagram.com/p/B4Vg7r8hZYi/My social Mediatwitter: https://twitter.com/Kazlicinstagram: https://www.instagram.com/kazlicc/Snapchat: Brandoneastman1Tiktok: @KazlicFortnite?-? Discord come and talk to me: https://dis...Read More
Tommy Pham and intensity are synonymous. Pham brings it to the ballpark every day, and is a leader with a potent power/speed combo.Subscribe to the Rays: https://bit.ly/2Qxr4ZnFollow us on social media:Instagram: https://www.instagram.com/raysbaseball/Twitter: https://twitter.com/RaysBaseballFacebook: https://www.facebook.com/Rays/Rays Radio Podcast: https://atmlb.com/33YSw6lRead More
In this interview, Executive Chairman Ivan Bebek provides an update on Auryn Resources' numerous projects in both Peru and Canada. Next year will be a big year of drilling for Auryn as Ivan shared: "2020 is going to be led by drilling, for the most part. That is going to be the number one catalyst. We right now are foreseeing about 18 months' worth of drillable targets. And we've started permits f...Read More
"2019 Gold Stocks and Investment Report. What do market experts and analysts predict for the future of the gold market?What are some stocks to watch and invest in? Get our FREE gold outlook report to learn more! https://t.co/26ZJANOyjc #gold #marketoutlook #investing"Read full newsRead More
"$GIFI - Gulf Island: Insiders Think $5 Stock Is Undervalued. Get more info on Seeking Alpha: https://t.co/alhjiNLnVl #business #finance #economy"Read full newsRead More
"Dividend Challenger Highlights: Week Of November 24. Read more and get updates on any stock! https://t.co/Dc5HtVRsst #business #investing #trading"Read full newsRead More