The Critical Investor sits down with Avrupa Minerals CEO Paul Kuhn to discuss plans for the company's Alvalade project in Portugal in light of the recent earn-in agreement with Mubadala Investment Company and Trafigura. AlvaladeAs Avrupa Minerals Ltd. (AVU:TSX.V; AVPMF:OTC; 8AM:FSE) finalized the Definitive Agreement with MATSA, a 50:50 joint venture company of Mubadala Investment Company, a pion...Read More
Gold-linked exchange-traded products are growing in popularitywith investors. Assets held by gold ETFs have grown 38% globally in 2019. In October, according to the World Gold Council, gold ETFsattracted $1.9 billion in net inflows to reach a new record high total goldholding of 2,900 tonnes – at least on paper.There is good reason to be skeptical of whether all these “gold”vehic...Read More
Gold,silver, and mining stocks reversed practically exactly at their double trianglereversal point and the short positions that we opened along with takingprofits off the table from the previous longpositions, became profitable almost instantly. There’s quite a decline to catchhere, and it seems that only a small part thereof had already taken place. PMsReversingTheabove chart clearly shows...Read More
Stewart Thomson, Graceland Updates 1. Can gold take out the 2019 highs and carry the miners on a mighty bull run that will stun all the naysayers? 2. Well, please click here now. Goldman analysts think it will happen!3. Some gold bugs view the big banks as "banksters". I like to differentiate between the bank algo traders that operate on the COMEX and the fundamental ana...Read More
COLORADO SPRINGS, Dec. 11, 2019-- Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced the expansion of its Mirador Mine with fifteen (15) exploration drill hole results from its 2019 Alta Gracia projects drill program located at its Oaxaca Mining Unit, Mexico. Highlights include 3.72 meters grading 1.44 grams per tonne (g/t) gold and 990 g/t silver, including 1.00 m...Read More
By: Daniel R. Amerman, CFAAs can be seen in the graph above, for the last 12 weeks there has been a stunning visual correlation between the yellow bars of the total weekly funding of deficits by the Federal Reserve, and the green bars of the weekly deficit spending by the United States government.Total deficit spending, the extent to which monies spent by the federal government exceeded taxes co...Read More
Stefan Gleason, Money MetalsGold-linked exchange-traded products are growing in popularity with investors. Assets held by gold ETFs have grown 38% globally in 2019.In October, according to the World Gold Council, gold ETFs attracted $1.9 billion in net inflows to reach a new record high total gold holding of 2,900 tonnes - at least on paper.There is good reason to be skeptical of whether all the...Read More
- Craig Hemke, TF MetalsThough we're still three weeks away from flipping the calendar, let's begin to look forward to 2020 and attempt to decipher whether or not the precious metals can build upon their 2019 gains.For precious metals enthusiasts, this time of year is always difficult. Often, holdings in mining shares get beaten backward due to tax loss selling. Mainstream "analysts" and inves...Read More
By: Ira EpsteinImpeachment in the news. US/Chinese trade deal still unknown. Gold weekly chart has gone flat. Gold needs to hold above $1,450 area..Read More
Everything will depend on trade deal and impeachment news of Trump. UK election result will have only a temporary effect. Traders will start taking positions for early January from next week. Forget your bullish or bearish biases for any investment and be ready to make some good profit. The next four days for the investment world will be similar to playing a T20 cricket match. I was a bit disapp...Read More
Try around 5% Inflation here in the US...by Matt From Silver Fortune via Silver Fortune2.2%? 1.6%? Try around 5% Inflation here in the US...Read More
December Silver's Delivery Demand numbers still do not jive with anything logical...by J. Johnson of Fort WealthGreat and Wonderful Wednesday Morning Folks, We start the day with a green price for Gold (3 days in a row) with the trade at $1,472.00 up 4 bucks and right there at the high of $1,472.30 with the low at $1,466.90. Silver was giving "the signal" but now has turned to green with...Read More
If, however, two very specific "lines in the sand" don't hold, then it's bombs away to $15...by Michael Ballanger via Streetwise ReportsIn this week's commentary, I am going to respond to the rash of end-of-the-world emails and terror-stricken texts that bombarded me after the BLS reported a better-than-expected Non-Farm Payrolls number Friday that sent stocks screaming higher and the precious met...Read More
RAPAPORT... De Beers has reduced its production outlook for next year and beyond amid uncertainty about the health of the diamondmarket.The miner now expects to recover between 32 million and 34million carats in 2020, compared to its earlier outlook of 33 million to 35million carats, parent company Anglo American said Tuesday. Its output is forecastto rise to between 34 million and 36 million cara...Read More
RAPAPORT... A blue diamond ring by Tiffany & Co. was the top sellerat Phillips' New York sale, leading the $5.4 million auction. The cut-cornered square modified brilliant-cut, 3.02-carat,fancy-intense-blue, VS2-clarity diamond ring fetched $1.6 million, against apresale estimate of $1.5 million to $2.5 million at Monday's New York Jewels sale. A fancy-color diamond and gold necklace feat...Read More
(IDEX Online) - Production at Petra Diamonds' South African mines has been hit by ongoing rolling power cuts across the country. Following a request by Eskom, the South African electricity utility, Petra halted produced, hoisting and processing at the Cullinan, Finsch and Koffiefontein mines on December 9. On December 10, Eskom downgraded the situation from the unprecedented Stage 6...Read More
(IDEX Online) - Anglo America, parent company of De Beers Group, has cut its diamond production forecast for 2020 to 32-34 million carats. Previously, output for full year 2020 was anticipated to be 33-35 million carats.The company announced the reduction during an investor update call.De Beers' production forecast for 2021 has also been reduced to an estimated 24-36 million carats, down from...Read More
Diamond miner De Beers has launched its Forevermark jewellery brand in Belgium, through a partnership with jeweller Gautam Diamonds.Forevermark jewellery is now available in Gautam stores in the historic Grand Place/Grote Markt and Galerie de la Reine/Koninginnegalerij, as well as in three Antwerp Diamonds by Gautam stores in Brussels Airport.AdvertisementThe launch brings the total number of coun...Read More
(IDEX Online) - The industry has been rocked by the news of two violent crimes against jewelers in Florida and California. In the first incident, which took place in Costa Mesa, California on December 4, 65-year-old Pierre Maalouf left his store, the Diamond and Jewelry Exchange, around 6:30 p.m., and was walking to his car with some merchandise and jewelry. He was approached and a...Read More
(IDEX Online) - Forevermark, the diamond brand from the De Beers Group, is now available in Belgium thanks to a tie-up with Gautam Diamonds. The new partnership means the branded jewelry will be available to purchase from the historic Grand Place/Grote Markt and Galerie de la Reine/Koninginnegalerij stores in the city and in three Antwerp Diamonds by Gautam shops in Brussels Airport.With the...Read More