Yesterday, the Nobel prizes in economics were awarded. Unfortunately, gold has been omitted and got nothing. How unfair! But looking at the Dutch central bank press release, gold would have much higher chances if they were the ones granting the prizes and not the Swedish central bank!2019 Nobel in Economics and GoldYesterday was a big day! At least for all those boring economists and similar bean-...Read More
Preciousmetals moved strongly on Friday, and did so on significant volume. Thereversals we have seen on Thursday got resolved with a heavy thud. Let’s diveinto the many charts and perspectives and explore how well they support theupcoming move across the sector. Let’sstart this week with a bigger update on multiple gold charts. There are so manyreasons due to which gold is likely to de...Read More
At present, there could be a number of positive developments for precious metals.Last Friday, the US Dollar cracked lower and could be at risk of lower levels into year end.Days earlier the Federal Reserve announced new “QE-like” measures just as they told us it was not really QE. In addition, the market is showing a nearly 68% chance of a rate cut later this month. Isn&rsqu...Read More
"Travel," Mahatma Gandhi once said, "is the language of peace."If that's the case and I happen to believe that it is then I'm extremely bullish about the future, especially with respect to U.S.-China relations. The trade war's days may be numbered as both sides of the skirmish reached a partial agreement last Friday, laying the groundwork for Presidents Donald Trump and Xi Jinping to sign a tr...Read More
Clint Siegner, Money MetalsJerome Powell has something in common with Bagdad Bob, Saddam Hussein's infamous press secretary. They're both liars, suggests Money Metals podcast guest Craig Hemke of the TF Metals Report.Telling obvious lies with a straight face is part of Powell's job description. He hopes to maintain order even though anyone who is paying attention knows something extraordinary i...Read More
At present, there could be a number of positive developments for precious metals.Last Friday, the US Dollar cracked lower and could be at risk of lower levels into year end.Days earlier the Federal Reserve announced new "QE-like" measures just as they told us it was not really QE. In addition, the market is showing a nearly 68% chance of a rate cut later this month. Isn't all this bullish for...Read More
Stewart Thomson 1. For silver, all roads probably lead to the $22-$25 area. For gold, all roads likely lead to $1600-$1800. There could be significant bumps in these roads, probably involving time more than price.2. Please click here now. Double-click to enlarge this silver chart.3. Silver looks stronger than gold, but gold is also looking very solid, from b...Read More
By: Ira EpsteinGold swing lines: lower highs and lower lows. Bollinger support $1478, near swingline..Read More
Silver is looking stronger than gold from a fundamental and a technical perspective...by Stewart Thomson of Graceland UpdatesGraceland Updates 4am-7amhttps://www.gracelandupdates.comhttps://gracelandjuniors.comhttps://gudividends.comhttps://guswinger.comhttps://gublockchain.comEmail:[email protected][email protected][email protected][email protected][email protected]Oct 15, 2019For silver, al...Read More
RAPAPORT... The Diamond Empowerment Fund (DEF) has grantedits largest-ever award, to be shared among nine beneficiaries across three continents.The $470,000 training and education grant,released early last week, is designed to support girls' education,entrepreneurship and youth empowerment across India, Africa and Canada. Projects include funding for a new science,technology, engineering and mathe...Read More
RAPAPORT... Alrosa's sales fell 24% year on year to $258.7 million inSeptember, amid continued market weakness. However, the total was the highest in four months, and reflecteda noticeable recovery in the small-stone sector, the Russian miner said last week. "It is partly due to the traditional autumn market revivalafter the holiday period, and a slight increase in demand from Indian cutters...Read More
RAPAPORT... De Beers will partner with two major retailers topromote Lightbox, its affordable lab-grown-diamond-jewelry brand. Lightbox's $800-per-carat jewelry is set to be soldin select Bloomingdale's stores, including in New York City and San Francisco, thecompany said last week. It will also be distributed through 30 stores belongingto independent retailer Reeds Jewelers, which are primarily l...Read More
RAPAPORT... Six synthetic-diamond companies have signed up for apilot program aimed at creating a sustainability standard for the sector. SCS Global Services, a third-party auditing specialist,will analyze companies' environmental, social and governance records, with thegoal of devising an independent sustainability certification for lab-growndiamonds. Crystal brand Swarovski and jeweler Helzberg...Read More
Oct 17, 2019 Guest(s): Chris Berry China could restrict the supply the rare earth battery metals to retaliate against U.S. tariffs, this according to Chris Berry, president of House Mountain Partners. "Rare earths are somewhat unique in the sense that China effectively owns the entire supply chain. I think that in light of the trade war rhetoric going back and forth, which I don't see any end t...Read More
Oct 17, 2019 Guest(s): Phillip Streible Senior Market Strategist, RJO Futures Macroeconomic data is weak across the board, but more gold prices are still lacking a major tailwind, said Phil Streible, Senior Market Strategist of RJO Futures. "We could quickly see things turn worse, we could see the equity markets break down fast. The macro picture, like I said, is terrible. It'd be interesting to...Read More
Edward Snowden is former CIA officer and whistleblower, and author of Permanent Record. He is president of the board of directors of the Freedom of the Press FoundationContinue...Read More
"Anybody who tries to make the argument that someone in Syria is a danger to our country is really not paying attention."Continue...Read More
While we may see silver's sell-off continue over the next few weeks, there is a positive sign. SRSrocco explains...by Steve St Angelo of SRSrocco ReportWhile the silver price is trading at another important short-term technical level, the underlying fundamentals continue to improve. Since silver peaked at $19.75 at the beginning of September, it has been correcting lower to key support levels....Read More
RAPAPORT... The Diamond Empowerment Fund (DEF) has grantedits largest-ever award, to be shared among nine beneficiaries across three continents.The $470,000 training and education grant,released early last week, is designed to support girls' education,entrepreneurship and youth empowerment across India, Africa and Canada. Projects include funding for a new science,technology, engineering and mathe...Read More
RAPAPORT... De Beers will partner with two major retailers topromote Lightbox, its brand of affordable lab-grown diamond jewelry. Lightbox's $800-per-carat jewelry is set to be soldin select Bloomingdale's stores, including in New York City and San Francisco, thecompany said last week. It will also be distributed through 30 stores belongingto independent retailer Reeds Jewelers, which are primaril...Read More