Are rates on the Ten-Year Note finally bottoming? Quite possibly, according to technical indicators that we monitor closely. T-Notes touched a low last week of 1.47% after plummeting almost relentlessly from 3.49% last November. GDP was running at around 3% back then, and almost no one other than a few hardcore deflationists, your editor among them, saw rates on the Ten-Year falling below 2%....Read More
The talk of financial markets is about negative mortgage rates and its impact on global growth. Let's be straight, mortgage rates are linked to bond yields. Investors have the habit of factoring excess be it growth or recession. Assets prices these days are all about AI (artificial intelligence) powered momentum. Most of us make heavy losses when the investment we made starts reversing. Winners...Read More
"Don't Look Back. Something Might Be Gaining on You."MMT or the Magic Money TreeA Fundamental Change in the US/China RelationshipBone-Penetrating ExhaustionMontana and Back to Puerto RicoI am back from my 14th annual Maine fishing camp and the mood was decidedly different this year. The private event at Leen's Lodge is generally called Camp Kotok in honor of David Kotok of Cumberland Advisors w...Read More
David says this is especially bullish for silver. Here's why...by David Morgan of The Morgan ReportDavid Morgan's Take On The Markets | https://www.themorganreport.com/joinWatch this video on David Morgan's Take On The Markets, then please share with your friends and family on social media and use the caption David Morgan's Take On The MarketsMarket Analysis/Investing/Trading Methods At TheMorgan...Read More
RAPAPORT... Revenue at Michael Hill fell in the last fiscal year amid a difficultretail environment and the company's shift away from its previous discountingstrategy. Group revenue at the Australia-based jeweler fell 1% to AUD569.5 million ($386.2 million) for the year ending June 30. Same-storesales - at branches open more than a year - slipped 3.3% to AUD 524.7 million($355.8 million), the...Read More
RAPAPORT... Manufacturers coated a rough diamond with a green substanceto imitate a natural color, the Gemological Institute of America (GIA) saidafter the stone turned up for grading at its Carlsbad laboratory. The presence of chromium oxide powder on the surface ofthe 6.49-carat crystal was a rare case, as color coatings are more common withfaceted stones than with rough, and tend to be pink, or...Read More
RAPAPORT... The Diamond Producers Association (DPA) has released a campaign that aims to challenge misconceptions about diamond mining inan effort to capture millennial consumers. "The goal is to convey some of the key facts and truthsabout natural diamonds in a compelling, cinematic way that will engageviewers," a DPA spokesperson told Rapaport News last week. The video, called Essential Dia...Read More
The Association Fran?? ?aise de Gemmologie (the French Association of Gemmology) has announced the line-up of speakers for the 18th Paris Gemmological Rendez Vous, its prestigious annual gems symposium, which will take place on September 9, 2019, at: l'ASIEM, 6 rue Albert de Lapparent, Paris, France. Among the speakers are: Alan Bronstein, President of the Natural Color Diamond Association A...Read More
RAPAPORT... The Diamond Development Initiative (DDI) has promoted IanRowe to executive director. He will replace Doroth?(C)e Gizenga, who will lead theorganization's new Africa office. Rowe, who has served as deputy executive director of the DDIsince September 2018, was previously a director with the United Nations. He hasworked with civil-society organizations in the areas of development,so...Read More
The diamond company Forevermark is betting on India. The company believes that the India's middle-class consumption is key to its success in what is thought to becom the second largest consumer market for diamond jewelry. Talking to Moneycontrol, Sachin Jain, President, Forevermark India, said, "We are present in 60 markets in India. We are present in Tier I, II, III and IV markets." Re...Read More
Botswana’s Ministry of Mineral Resources, Green Technology and Energy Security has granted a renewal of TSX-listed Tsodilo Resources’ prospecting licence in the country for an additional two years, ending September 30, 2021.The licence area, which is within the Orapa Kimberlite Field (OKF), contains the company’s BK16 kimberlite project.AdvertisementTsodilo plans to soon start a...Read More
The Gemological Institute of America (GIA) will host a Jewelry Career Fair and Open House at the organization's world headquarters in Carlsbad, California on Friday, October 11, 2019.The free event will feature panel discussions, career coaching and recruiting for people new to the industry and professionals looking for a career change; classroom demonstrations for aspiring gemologists, jewel...Read More
The Yellowknife Crown of Light diamond cutting facility. (Photo by Crown of Light)Earlier this month, a new diamond polishing factory started operating in Yellowknife, in Canada's Northwest Territories (NWT). The plant, called Yellowknife Crown of Light, which is owned by Almod Diamond, reportedly received its first shipment of rough diamonds from De Beers at its facility near Yellowknife...Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe dual-listed company (AIM: ATYM/TSX:AYM) said the project had reached mechanical completion and were ready to start receiving ore, and wet commissioning. "The additional electricity supply for the expansion is expected to come on stream during Q3 2019," it said. "The company believes the start-up of the expanded plant...Read More
De-risking delivers value in GalenaSPONSOREDgalena miningThe company said it had received an amendment to its mines act permit which would allow for exploration and groundwater drilling at the permitted mine area.Read More
Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumThickened tailings deposition for closureSPONSOREDsrk consultingThe first three step-out holes, from the 421 discovery hole drilled last year, have intersecte...Read More
A wave of risk-on sentiment is flowing through broader markets this morning, Monday August 19, on expectations that central banks will provide stimulus going forward to cushion moves toward recession. Asian equites are in positive territory, led by a 2.33% gain in the Hang Seng. Gold prices have eased, with spot gold recently quoted at $1,508 per oz.The problem is that while this may pro...Read More
Following is a link:http://www.equityclock.com/2019/08/18/stock-market-outlook-for-august-19-2019/Note seasonality chart on U.S. New Housing Starts.Market Call Tonight on BNNBloomberg at 6:00 PM EDTGuest analyst tonight is Jeff Parent from CastleMoore. The Bottom LineThe traditional period of summer weakness in world equity markets continued last week despite a favourable bounce by world equi...Read More
The incoming class of Mines students kicked off the new academic year Aug. 16 with the annual M Climb, and CBS4 Denver was there to capture the three-mile hike up Mount Zion.Watch the full segment below:Read More
Will Fleckenstein, director of strategic relationships and enterprises for earth resource and environmental programs at Colorado School of Mines, was a featured speaker at the recent EnerCom Oil and Gas Conference in Denver. Fleckenstein's talk was titled "Technology Trends - Will Costs Continue to Drop in Unconventionals?" In it, he made the case that technology development has precursors that p...Read More