I am simply amazed at how much email I have been getting asking my opinion regarding the latest “manipulation” cases.And, many of those are asking me if I am finally convinced that the metals market was manipulated to drop from 2011 to 2015.Well, let’s try to walk through the issues together. Let’s start this article by identifying that about which we are speaking.You see,...Read More

Monday’s spike in crude oil prices could be a game changer – forgeopolitics, for the economy, and for investors.Normally it would be foolhardy to draw big, sweeping conclusionsfrom a single day’s trading activity.But in this case, it’s not just the fact that oil prices surged13% to over $62/barrel. Or even the fact that more than 5% of the world’s oilproducing capacit...Read More

By: Ira EpsteinGold - which will the market decide to go. For now, I will say the bears have control..Read More

By: Avi GilburtI am simply amazed at how much email I have been getting asking my opinion regarding the latest "manipulation" cases. And, many of those are asking me if I am finally convinced that the metals market was manipulated to drop from 2011 to 2015.Well, let's try to walk through the issues together. Let's start this article by identifying that about which we are speaking. You see,...Read More

Stefan Gleason, Money Metals ExchangeMonday's spike in crude oil prices could be a game changer - for geopolitics, for the economy, and for investors.Normally it would be foolhardy to draw big, sweeping conclusions from a single day's trading activity.But in this case, it's not just the fact that oil prices surged 13% to over $62/barrel. Or even the fact that more than 5% of the world's oil prod...Read More

Precious metals are one area where there is still tremendous value, and we are still in the very early stages of a bull market...Palisade Radio with Tavi CostaTavi sees the current business cycle as being almost over and is awaiting an overall downturn in equities. Yield curves are inverting in most countries, and in Canada, 90 percent are now inverted. Copper has started to fall apart, and we are...Read More

The organizers of the September Hong Kong Jewellery & Gem Fair rejected the trade's request for a discount, executives confirmed Wednesday.The Hong Kong Jewelry Manufacturers' Association (HKJMA) had asked Informa Markets for a 25% reduction in exhibitors' fees due to the uncertainty arising from protests in the city. But the company chose instead to provide incentives for buyers to attend, su...Read More

RAPAPORT... The Gemological Institute of America (GIA) has confirmed anew mineral species discovered in Myanmar, which it has called johnkoivulaite. The organization named the substance in honor of renownedmicroscopist and GIA researcher John Koivula. The 40-year industry veteran hasco-authored several books on geology, diamonds and minerals, and has received anumber of industry awards, inclu...Read More

RAPAPORT... Alrosa's supervisory board is set to vote on the acquisitionof diamond manufacturer Kristall, which will enable the miner to focus onincreasing sales in the US and China, it said Tuesday. The deal, which will go up for consideration on September24, will cost Alrosa RUB 1.89 billion ($29.3 million), and will increase thecompany's share of the Russian polished-diamond market from 20...Read More

RAPAPORT... It seems men are tired of letting women do all thesparkling. In September 2018, The New York Times printed a story aboutthe growing popularity of men's jewelry, tying the trend to the introduction ofmen's fashion weeks and the rise of Instagram. More recently, nautical-cordbracelets, upscale chains, signet rings, and dog-tag-like pendant necklaces havemade style headlines in magaz...Read More

RAPAPORT... Gem Diamonds has recovered a diamond weighing 127 caratsfrom its Let??eng mine in Lesotho. The miner found the D-color, type II stone on September 11,it said Monday. The diamond is the fourth white stone of that magnitude, andthe seventh over 100 carats Gem Diamonds has retrieved this year. The miner recovered a 114.2-carat yellow diamond from thedeposit in August, as well as a 13...Read More

(IDEX Online) - Lucara Diamond Corp. has recovered a 123-carat, gem-quality top white Type II diamond from the Karowe Diamond Mine in Botswana. So far this year, Karowe has yielded 22 diamonds larger than 100 carats, with six stone exceeding 200 carats. The mine also yielded the 1,758-carat Sewel?? ? diamond, the largest diamond ever recovered in Botswana.Lucara also announced it had recovere...Read More

(IDEX Online) - British jeweler Beaverbrooks is getting a jumpstart on the holiday season with the launch of its ?, ?100,000 ($125,000) advent calendar. The "diamond a day" calendar includes diamond rings, necklaces and earrings. As reported by Metro, the calendar features 25 drawers that the lucky owner will open in the countdown to Christmas. Nestled inside are a Once platinum diamond solit...Read More

(IDEX Online) - Sarine Technologies Ltd has signed a signed a strategic framework with Chinese gemological lab the National Gemstone Testing Center (NGTC). The two sides said they aim to implement artificially intelligence (AI) based 4Cs and light performance grading, diamond traceability and fingerprinting and other digital solutions for the retail trade in China.Sarine and NGTC also said they wo...Read More

(IDEX Online) - The diamond industry continues to reshape itself with the announcement that Alrosa is considering buying state-owned Kristall from the Russian Federation. The production corporation has been valued at RUB 1.886 billion ($29 million). Kristall process over 200,000 carats of rough diamonds a year, of which 90 percent supplied by Alrosa.After the consolidation, Alrosa's shar...Read More

Stellar result for PolarXSPONSOREDpolarxThe company has completed 8,000m of a 25,000m drilling programme with the aim to continue to grow the deposit, and with C$5 million in the bank and four drill rigs turning at a $20 million annual burn-rate, will look to finance before year end. "We are evaluating different pathways such as a strategic investor, which could come in at a premium without paying...Read More

IronRidge derisks through diverse discoveries SPONSOREDironridge resources Palmer told Mining Journal sister title Read More

The markets were in limbo this morning, Wednesday September 18, while they wait for developments on trade talks, the direction of oil prices and the outcome of this evening’s US Federal Open Market Committee (FOMC) meeting and rate decision.Once again the recent show of strength in most of the metals has run into resistance, suggesting confidence is not strong enough to chase prices higher an...Read More

U.S. equity index futures were lower this morning. S&P 500 futures were down 5 points in pre-opening trade. Investors are waiting for news from the FOMC meeting this afternoon at 2:00 PM EDT. Consensus is that the Federal Reserve will reduce the Fed Fund rate by 0.25%.Index futures were virtually unchanged following release of the August Housing Start report at 8:30 AM EDT. Consensus was an in...Read More

A loaf of bread in 1913 cost just over 5 cents. Eggs would set you back 37 cents a dozen. And a gallon of milk 35 cents.Grocery prices today are a bit different…A dozen eggs will run you $1-2. A loaf of bread costs on average $2.50. And a gallon of milk is around $3.10.While the average price of food has climbed over the past 100 years, Americans are actually spending far less on groceries t...Read More