Sector expert Michael Ballanger offers his observations of recent activity in the gold and silver markets. "The permabulls will tell you that the bullion banks and their treasury department conspirators have lost all power in this 'new paradigm' and we should relax and refrain from worry. I tend to disagree because wounded animals are the singular most dangerous of all creatures on this debt-rava...Read More
By Andy Hecht : After a very bullish summer, it was a week of reversals in the metals markets. The impact of gravity hit the gold and silver markets late last week after both had made new highs. Meanwhile, copper went the other way as the early week new low led to a significant price recovery by the end of the week. The daily chart of December gold futures highlights the move to a marginal new hig...Read More
Theweek ahead, looks treacherous for the stock market, but should be a boon forgold, silver and share mining stocks. The cycles, waves and astro aspects arecoming together nicely for a possible quick 6% drop on the S&P 500.TheSPX chart below shows the 16 TD top on Sept 5, along with a first quarter moonand Bradley turn. We are going into the 5/35 week cycle low in a 4 year cyclelow from late 2...Read More
Sept. 6th, 2019(S14-E712)Featured GuestsJohn Williams& Arch CrawfordNote: Guest order via seniority.Please Listen HereInterview Recap.John Williams of Shadowstats.com returns to the show with a disruptive economic forecast.Shadowstats.com's analysis mirrors the work of Boston University Economist, Professor Kotlikoff.The nation may be facing a solvency crisis if long-term obligations continue...Read More
Start your week off well-informed by listening to Dr. Dave Janda & TraderStef's robust discussion on Operation Freedom...by TraderStef via TraderStef.wordpress.comYesterday, I had the pleasure of being a return guest on live radio at Dr. Dave Janda's Operation Freedom. Here is the interview on YouTube with a few notes, links, and charts to follow along the way.Operation Freedom w/Dr. Dave Janda...Read More
RAPAPORT... Signet Jewelers plans to reduce its purchasing of Chinesegoods by about 50%, aiming to minimize the impact of US tariffs on thebusiness. "We have been successful in working with our vendors to movea significant amount of our China exposure to other countries," Signet CEO GinaDrosos said last week. The percentage of merchandise the retailer sources fromthe key market will be in the "mid...Read More
RAPAPORT... The diamond industry must significantly increase its marketing spend to ensure the trade's longevity. This need is highlighted by the difficult conditions the sector has endured over the past few years.Recent challenges have led to a lack of confidence in the diamond trade that resulted in a seemingly endless stream of financial misconduct carried out by a minority of ill-intended merc...Read More
RAPAPORT... Rio Tinto has launched a collection of rare pinkdiamonds from its Argyle mine, which has been specially curated to showcase thefull color palette of the deposit's stones. The Argyle Pink Everlastings collection contains 64 lots andhas a total weight of 211.21 carats, with each individual stone weighing 0.14carats or below, Rio Tinto said Monday. The miner will provide a certificat...Read More
RAPAPORT... A flawless white diamond with a high estimate of $19 millionwill feature in Sotheby's Magnificent Jewels and Jadeite auction in Hong Kong next months. The emerald-cut, 80.88-carat, D-color, type IIa stone is valuedat $12.8 million to $19.1 million, and is one of only five emerald-cut diamondsover 80 carats offered in auction history, Sotheby's said Monday. A 10.64-carat, fanc...Read More
(IDEX Online) - How do you make a $2 million diamond "disappear"? For artist Diemut Strebe, in collaboration with MIT scientist Brian Wardle, the answer is a patented nanotube technology (CNT). Mixing science and art, a 16.78-carat natural yellow diamond from L.J.West was coated using a new procedure of generating carbon nanotubes (CNTs), which was recently measured to be the blackest black ever c...Read More
(IDEX Online) - Australian miner Rio Tinto has launched a new collection of rare pink diamonds from its Argyle mine in Western Australia. The Argyle Pink Everlastings Collection comprises 64 lots and weighs in at 211.21 carats represents just 2 percent of the annual Argyle pink diamond production. Every diamond in the collection weighs up to 0.14 carats. "The Everlastings Collection, representing...Read More
(IDEX Online) - Saks Fifth Avenue has opened The Vault, a new floor dedicated to fine jewelry and watches at its flagship Fifth Avenue store. The new department offers 20 new brands, limited edition pieces and the largest selection of watches ever Saks has ever offered. The luxury store says the 12,000-square foot floor, which more than doubles its dedicated fine jewelry and watches space, is part...Read More
Stellar result for PolarXSPONSOREDpolarxIt said the Bureau of Land Management had issued a positive decision, approving a mine alternative from the Final Environmental Impact Statement (FEIS) which matched plans used for permit applicationsRead More
Following is a link:http://www.equityclock.com/2019/09/06/stock-market-outlook-for-september-9-2019/Note seasonality charts on U.S. Non-farm Payrolls and Canadian EmploymentThe Bottom LineWorld equity markets moved higher last week despite elevated volatility. Equity markets have a history of elevated volatility at this time of year with a flat/downward bias from mid-July to mid-October. Supplemen...Read More
September 9, 2019 - Vancouver, BC - ATAC Resources Ltd. (TSX-V:ATC) ("ATAC") is pleased to announce initial prospecting and drilling results from the Rau Project, located at the western end of its 100% owned Rackla Gold Property, Yukon.Analyses from detailed prospecting and three diamond drill holes collared near the eastern part of the Rackla Pluton, in the Bobcat skarn target area target area, h...Read More
In the latest U.S. News & World Report college rankings, released today, Mines retained its claim as Colorado's top national university. Mines was ranked the No. 34 public university and No. 84 among all national universities, a category that encompasses institutions that offer a full range of undergraduate majors, plus master's and doctoral programs, with an emphasis on faculty research. W...Read More
The Canadian Environmental Assessment Agency has given Treasury Metals (TSX: TML; US-OTC: TSRMF) the green light to develop its wholly owned Goliath gold project, 20 km east of Dryden in northwestern Ontario.Greg Ferron, CEO of Treasury Metals, says the environmental assessment approval is a "milestone," and comes after five years of working with the government, Indigenous groups and other stakeho...Read More
The Dow Jones Industrial Average rose 1.49% to 26,797.46, and the S&P 500 Index gained 1.79% to 2,978.71. Spot gold fell US$13.10 per oz. to finish at US$1,506.50 per oz. gold.Teck Resources announced that Dominic Barton is stepping down as chairman of the board to assume the role of Canada's Ambassador to China. Barton joined Teck's board in September 2018 and was appointed chairman the next mont...Read More
Indonesia has confirmed it will ban exports of nickel ore from January 2020 - two years earlier than expected.The Southeast Asian nation is the world's largest nickel ore producer, and the news unleashed a torrent of speculation about supply shortages. Three-month nickel contracts on the London Metal Exchange (LME) surged as high as US$18,850 per tonne - a five-year peak - on Sept. 2.While 70% of...Read More
The S&P/TSX Venture Composite Index fell 0.14% to 588.51 during the trading week.Probe Metals rose 9.8%, or 13 ?, to $1.46 per share in the wake of an updated resource estimate for its Val-d'Or East project in Quebec. The project comprises three wholly owned properties - Pascalis, Courvan and Lapaska - along with two other properties, Monique and Cadillac Break East, where it is close to completin...Read More