Recent News

Don't Let Gold's Histrionics Scare You

September 25, 2019 / news.goldseek.com

Gold's strength is no secret at this point, and that's why the uptrend is getting trickier to play. Let me offer a few suggestions..Read More

Precious Metals Update Video: Gold above 18-dma, upside bias

September 25, 2019 / news.goldseek.com

By: Ira EpsteinGold resistance can be seen around $1,556 - Dec. Gold (upper Bollinger band). The silver chart looks pretty darn good..Read More

Asian Metals Market Update: September-25-2019

September 25, 2019 / news.goldseek.com

Trade war will continue. Trump bashing China for atrocities to Muslims is a part of the trade war. Saudi Arabia has a beheading culture. Not a single nation dare criticize Saudi Arabia. Wahabi form of Islam is funded by Saudi Arabia to spread it worldwide. Wahabi form of Islam is more repressive than Chinese atrocities towards Islamic followers. Which nation or religion allows lashes for petty c...Read More

Jim Rickards: Gold Has No Use Other Than Money, But Silver Has Commodity 'Business Cycle Risk'

September 25, 2019 / www.silverdoctors.com

Silver is harder to analyze than gold, but investors should still have at least have one monster box of Silver Eagles. Jim explains... Jim Rickards interviewed by Craig Hemke on Sprott MoneySome of the questions in this interview include:Is the concept of a "global reserve currency" becoming obsolete?What are Jim's thoughts on silver?Will the trend towards lower and even negative interest rate...Read More

Graff Bracelet Exceeds Expectations at Bonhams

September 25, 2019 / www.diamonds.net

RAPAPORT... An emerald and diamond bracelet by Graff fetched more than four times its highestimate at Bonhams, leading an auction that saw many pieces crush presale estimates.  The piece, which was the subject of a fierce bidding war,features 13 step-cut Colombian emeralds, the largest of which is 2.56 carats,interspersed with an equal number of step-cut diamonds. It sold to a privatebuy...Read More

Dubai Opens Revamped Diamond Bourse

September 25, 2019 / www.diamonds.net

RAPAPORT... The Dubai Multi Commodities Center (DMCC) has unveiled aredesigned diamond exchange, featuring the world's largest diamond-tradingfloor and special windows that will enable it to hold ruby and sapphiretenders. The Dubai Diamond Exchange (DDE), located in Almas Towers, nowhas 41 tables, fully secured with cameras, as well as special lighting thatallows buyers to examine diamonds an...Read More

Cartier Sapphire Ring Crushes Estimate at Skinner

September 25, 2019 / www.diamonds.net

RAPAPORT... A Cartier twin sapphire and diamond ring fetched more than double its low estimate at Skinner Auctioneers. The piece, which was created in the 1950s, features twoKashmir sapphires weighing 5.34 and 4.91 carats, and tapered, baguette-cutdiamonds. It sold for $873,000 at the September 17 Important Jewelry sale inBoston against a presale estimate of $300,000 to $500,000. Skinner als...Read More

Lab-Grown Jeweler Hires New CEO

September 25, 2019 / www.diamonds.net

RAPAPORT... WD Lab Grown Diamonds has appointed jewelry-industry veteranSue Rechner CEO. She will be responsible for growing the brand and expandingthe company's market reach. Rechner, who held executive roles at Movado, FrederickGoldman, Citizen and Seiko, was most recently global president of outdoorfootwear and apparel brand Merrell. She will succeed founder Clive Hill, whowill continue to...Read More

DMCC Opens Upgraded Diamond Exchange

September 25, 2019 / www.idexonline.com

The DMCC has unveiled the redesigned Dubai Diamond Exchange (DDE) in the Almas Tower. The DMCC says the redesigned trading floor is the largest in the world.The new facility has 41 tables, secured with cameras, state-of-the-art technology and specialist lighting and can host 200 buyers at once. Although it is designed for diamond trading, the old tinted windows have been replaced by white crystal...Read More

Alrosa Diamond Verification Instrument Scores Highly in DPA Testing

September 25, 2019 / www.idexonline.com

(IDEX Online) - The Alrosa Diamond Inspector, the first portable Russian instrument for diamond verification, has received high results in the ASSURE testing program run by the Diamond Producers Association (DPA). The testing was carried out by UL Verification Services, Inc., an independent laboratory in the U.S. The DPA program is designed to standardize the effectiveness of tools and specia...Read More

Zimbabwe to Tender 400-500K Carats in Final Sale of 2019

September 25, 2019 / www.idexonline.com

(IDEX Online) - The Minerals Marketing Corporation of Zimbabwe (MMCZ) has high expectations for its final auction of the year. The corporation sold 316,000 carats at its most recent tender. In the next sale, which is anticipated for November, according to The Herald, MMCZ hopes to sell 400,000-500,000 carats of goods. While Zimbabwe expects to almost double its production this year - 4.1...Read More

WD Lab Grown Diamonds Names Merrell Exec Sue Rechner CEO

September 25, 2019 / www.idexonline.com

(IDEX Online) - The lab-grown diamond sector continues to strengthen its leadership. WD Lab Grown Diamonds has appointed Sue Rechner, former global president of Merrell, as its CEO.Read was also president of Victorinox Swiss Army and CEO of Victorinox Swiss Army Watch and has leadership experience with global brands such as Movado, Seiko, Citizen and Frederick Goldman."I see WD as a leading force...Read More

Botswana Diamonds appoints EDC to mine, process Marsfontein gravels

September 25, 2019 / www.miningweekly.com

Botswana Diamonds, together with its associate Vutomi, has signed a contract mining and processing agreement with Eurafrican Diamond Corporation (EDC) to mine and process the diamond-bearing gravels and residual stockpiles on a portion of the Marsfontein farm, in Limpopo.Botswana Diamonds chairperson John Teeling indicated that partnering with EDC paved the way for commercial production to restart...Read More

'Mongolian misgivings' following Oyu Tolgoi site visit

September 25, 2019 / www.mining-journal.com

Stellar result for PolarXSPONSOREDpolarxProject manager and 50.79% owner of TRQ, Rio Tinto, had flagged a cost blowout and delays to the US$5.3 billion underground expansion in July due to challenging ground conditions.Read More

Ivanhoe reports fatality at Kamoa-Kakula JV

September 25, 2019 / www.mining-journal.com

Stellar result for PolarXSPONSOREDpolarxThe company said the accident involved a civil contractor at a surface cement batching plant.Ivanhoe said the Kamoa-Kakula project had gone more than 7.5 years without a lost-time injury and this was the first fatality.Stellar result for PolarXSPONSOREDpolarx"We are all deeply saddened by the tragic loss of life at the Kamoa-Kakula project and our thoughts a...Read More

Tech Talk for Wednesday September 25th 2019

September 25, 2019 / www.timingthemarket.ca

U.S. equity index futures moved lower this morning. S&P 500 futures were down 2 points in pre-opening comments. Index futures responded to launch of an impeachment inquiry by the House of Representatives.Nike gained $5.37 to an all-time high at $92.55 after the company reported higher than consensus fiscal first quarter earnings. Stifel Nicolaus raise its target price to $106 form $96.Philip M...Read More

5 Simple Steps to Reduce Your Financial Strain

September 25, 2019 / dailyreckoning.com

Dear Rich Lifer,Think about the last five years...Can you recall an unexpected event that led to financial stain? Maybe a health crisis, layoff, leaky roof, or unexpected car repair.You're not alone. Approximately two-thirds of U.S. households experience an unexpected event that negatively impacts their financial wellbeing, according to Pew research.So it's no wonder the most common cause of money...Read More

The Rumor of a Currency Reset & Gold

September 25, 2019 / www.armstrongeconomics.com

QUESTION: Hi Marty!Thanks for all your great work, I’ve been following you for many years and you are a true inspiration.I have some questions about the precious metals market. There has been some talk about a “monetary reset” in the future, how do you see it play out and what role do you think precious metals could have if there is a reset?In the short term, we see silver and go...Read More

NASA astronaut to fete Mines Astronaut Scholars on Sept. 30

September 25, 2019 / www.minesnewsroom.com

Two Colorado School of Mines students have been named Astronaut Scholars for the 2019-2020 academic year. Brianne Treffner, a senior majoring in engineering physics, and Gabriel Adriano, a senior majoring in chemical engineering, will each receive a $10,000 scholarship from the Astronaut Scholarship Foundation, as well as mentorship and professional development opportunities throughout the year.C...Read More

Thomas Cook, Sirius: too big not to fail

September 25, 2019 / www.mining-journal.com

White Gold turns heads as exploration steps up a gearSPONSOREDwhite gold corpSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedPoster South Africa mine regeneration on trackSPONSOREDorion mineralsLean mining and the fourth industrial revolutionSPONSOREDdassault systemes‘Bigger is better' is a phrase we often hear bandied about, but I'm not entirely sure from where it stems...Read More

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