Stocks took another bold leap Friday, heedless of payroll data that suggest U.S. employers pulled back on hiring in May across all sectors of the economy. Their clear concern is a global slowdown in China and Europe that appears to be deepening. Copper and crude oil quotes have signaled this as well with a 12% fall in the former and a 20% plunge in the latter. So has the Ten-Year Note, which is...Read More
By: Ira EpsteinGold, there is reason for caution here:Read More
RAPAPORT... Diamonds with proven ethical sourcing should sell for a higher price than others, participants in Rapaport's annual town hall meeting in Las Vegas concluded. "The biggest challenge for sourcing ethical diamonds is whether consumers are willing to pay extra for them," stressed one of the participants in the discussion that took place during last week's JCK show. "I believe there is...Read More
RAPAPORT... The Women's Jewellery Network (WJN) has unveiled its new list of industry ambassadors, including RapaportEditor-in-Chief Sonia Esther Soltani. The new network will help shape conversations around thetrade and progress the organization's agenda, WJN managing director VictoriaMcKay said Monday. The ambassadors were chosen from more than 100 applicants, WJN noted. "These initial amba...Read More
RAPAPORT... Sales at Alrosa fell 8% year on year to $266 million in Mayamid a continued slowdown in the Indian manufacturing sector, the Russian miner said Monday. Rough-diamond sales declined 6% to $261.1 million for themonth, while polished revenue plunged 52% to $5 million. May's total figure isalso down 17% from April, and is the lowest overall monthly sales result so farthis year. "We s...Read More
RAPAPORT... Sotheby's brought in a total of $8.5 million at a New Yorkauction last week, as a 15.13-carat diamond ring more than doubled its high estimate. The pear-shaped, D-color, SI2-clarity, Marianne Ostier piecegarnered $475,000, or $31,395 per carat, against a high estimate of $225,000.It was the top-selling lot at the Important Jewels sale. A diamond ring - set with a cushion-cut, 22.4...Read More
The CNBC network reported earlier this month that Costco had sold a $400,000 diamond ring to a consumer. The choice of the customer to purchase a platinum ring at this price at Costco, a warehouse retailer, is in itself unusual and therefore it made the news. The ring is set with a round brilliant of 10.03 carat, VS1 clarity, I color. "Sales highlights for the quarter included some significant di...Read More
As expected, a vivid purplish-pink, modified emerald-cut diamond with a bubble-gum-color was sold at auction by Christie's in Hong Kong for an extraordinary price, fetching $7.5 million. The 3.4-carat stone, set in a ring by the house of Moussaieff, was auctioned by Christie's Asia in Hong Kong on May 28. The name of the buyer remained undisclosed. The ring was estimated to sell fo...Read More
Foreign Policy (FP) , an organization that offers "a different view of foreign policy" and examines "how the moves of government and its officials can influence countries all over the world," published an article about diamonds. "The most wanted diamonds in the world are also the most expensive ones. So, let's check the top most expensive diamonds in the world." FP included the followi...Read More
Global risk sentiment improved on Monday June 10 after the United States reached a last-minute trade deal with Mexico over the weekend, averting the imposition of a 5% tariff on all Mexican goods entering the US.The positive trade development has paved the way for the London Metal Exchange three-month base metals prices to recover higher this morning as investors appetite for risk assets ret...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 13 points in pre-opening trade. Index futures responded to news that the U.S. and Mexico have reached an agreement that will postpone tariffs on Mexican imports to the U.S.The Canadian Dollar slipped 0.04 to U.S.75.32 cents following the Canadian May Housing Starts report released at 8:15 AM EDT. Consensus was 205,000...Read More
A friend of mine recently confessed that he'd made a big mistake buying a home with a swimming pool.He said if he had a do-over, he would never have considered a house with a pool in the backyard knowing what he knows now. I asked why, since it seemed to me like a good investment at the time - with his two young boys and daughter - I would have guessed the pool was getting a lot of use. But afte...Read More
On Friday, June 14, Adam Savage - of MythBusters fame - will premiere his new show, "Savage Builds," on the Discovery Channel. The well-known TV personality, author, self-proclaimed obsessive maker of things" and last year's Homecoming Distinguished Lecturer, will start the show off by building his very own Iron Man suit - with an assist from Mines faculty and students. Savage appeared on The Ti...Read More
The Sunday, June 9 edition of The Denver Post featured a story on how a Colorado School of Mines professor and his students helped Adam Savage 3-D print a real-life Iron Man suit for his new TV show, "Savage Builds."Craig Brice, director of the advanced manufacturing program at Mines, spoke with Post reporter John Wenzel for the article. "Savage Builds" premieres with the Iron Man episode on June...Read More
Lithium's next generationSPONSOREDneo lithiumHot Chili secures copper 'super hub' SPONSOREDhot chili limitedVimy ready for move to higher uranium groundSPONSOREDvimy resourcesFinally, a changed mining tech M&A landscapeSPONSOREDatricoConcern China could ban the exports of rare earths elements (REE), especially neodymium and praseodymium used to make permanent magnets, has triggered...Read More
Semafo (TSX: SMF; US-OTC: SEMFF) kicked off the year by delivering an inferred resource of 2.1 million tonnes grading 5.35 grams gold per tonne for 361,000 contained oz. gold for its Bantou Zone project, 170 km south of its producing Mana mine in Burkina Faso, the West African nation's third-largest gold mine.News of the maiden resource estimate was followed by Semafo's acquisition in May of Savar...Read More
At The Northern Miner's Canadian Mining Symposium, held at Canada House in London, U.K., Iamgold (TSX: IMG; NYSE: IAG) president and CEO Steve Letwin and Yamana Gold (TSX: YRI) executive chairman Peter Marrone participated in a panel session entitled "Mid-Tier Excellence," with Northern Miner senior staff writer Trish Saywell as moderator. Below is the full transcript of the session, held on May 2...Read More
The Peter Schiff Show Podcast - Episode 474Recorded June 10, 2019Tariffs Off, Gold Gapped Down - On Friday's podcast, I speculated that potentially we could see a gap up in the price of gold, gapping above the $1350 resistance level that has capped every gold rally for the past 6 years. But gold actually gapped in the other direction. It gapped down about $13 and it was down all day - never fi...Read More
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Get Your Q Coinhttp://greatawakeningcoin.com Use Code X22 ReportCheck Out TheX22 Report Spotlight YouTube Channel - https://www.youtube.com/channel/UC1rn... Get economic collapse news throughout the day visit http://x22report.comReport date: 06.10.2019Trump is using the Fed to rework trade deals, leverage trade with tariffs, the Fed is helping him with all of this. Ask yourself a question why does...Read More