By: Keith Weiner, Monetary MetalsLast week, we wrote about the impossibility of China nuking the Treasury bond market. Really, this is not about China but mostly about the nature of the dollar and the structure of the monetary system. We showed that there are a whole host of problems with the idea of selling a trillion dollars of Treasurys:Yuan holders are selling yuan to buy dollars, PBOC can'...Read More
By: Stewart Thomson, Graceland Updates 1. The fear trade for gold continues to gain fundamental strength. The technical picture is also solid. Please click here now. Double-click to enlarge. Gold is poised for significant upside action in the second half of this year. 2. A large bull wedge is in play as institutional investors become more concerned about the slowing global...Read More
With government bond yields around the world near multi-year lows, U.S. stocks are in a dither. Should they take a bold leap to new all-time highs, defying mounting expectations of a global economic slowdown? Or should they instead fall to a more sustainable, cruising altitude? My own technical outlooks suggests they could do both: first with a rally of about 9% that fulfills a 3095 target in...Read More
With the ratio at 90, not understanding the FREE GOLD to be made is literally leaving money on the table. Here's the explanation as fast as possible...Editor's note - In today's live-stream, in addition to explaining the opportunity for free gold by taking advantage of the gold-to-silver ratio arbitrage, we discussed currency manipulation, the trade wars, the upcoming US recession, the bond market...Read More
SASKATCHEWAN - CanAlaska Uranium announced that it will soon begin a drill program at its 70%-owned West McArthur uranium project.In a press release, the miner said that the program is intended to locate high grade uranium hosted in faults along the C10 horizon, the major regional fault structure.According to CanAlaska, two previous drill holes intersected high grade uranium - up to 5% uranium o...Read More
RAPAPORT... Lucapa Diamond Company garnered $3.5 million at the secondtender of diamonds from its Mothae mine in Lesotho, with stones selling for upto $26,000 per carat, it said Wednesday. The miner sold 7,008 carats of rough stones at the Antwerptender, and based on the results, is considering a third sale in the secondquarter. That tender would include a 126-carat diamond the Australia-base...Read More
RAPAPORT... A Tanzanian small-scale miner has recovered a 512-caratdiamond, the largest ever found in the country, according to a Twitter post by a government official.The stone, which sold for $1.4 million, was found earlierthis month by Joseph Temba in the Shinyanga region, Kitila Mkumbo, permanent secretary at Tanzania's Ministry of Water, wrote on the social-media site last week. Temba so...Read More
RAPAPORT... A selection of jewelry and intellectual property belonging to Nirav Modi's FirestarDiamond and Fantasy businesses will be up for auction at the JCK Las Vegas show. The sale will feature $3.5 million worth of Nirav Modi jewelry, including wedding bands, bracelets and necklaces. Purchasers will also be granted the patents to reproduce thejewelry in the US and other countries,...Read More
RAPAPORT... Former Signet Jewelers president Seb Hobbs will serve asinterim managing director of the company's UK business for the next month.Hobbs, who has been with the jewelry retailer for more thaneight years, began his term at Signet in the UK. He was promoted to president in January 2017, and transferred to theUS. He stood down inApril, and will return to the UK to head operations there...Read More
Junior diamond miner Mountain Province Diamonds published a forward looking report on the prospective Faraday 2 diamond mining project. The report said the future mine holds 5.45 million carats of diamonds contained in 2.07 million tonnes of kimberlite, with an overall grade of 2.63 carats per tonne and an average value of US$140 per carat. This represents a 49% increase in total tonnes and a 74%...Read More
In a business where the overwhelming majority of end-consumers are female, women in the diamond sector are remarkably under-represented, not only at the executive and employee levels, but even in terms of the way in which the product traditionally has been marketed. The photo of the model wearing the ring, brooch or necklace is generally a woman, but, more often than not, the message is directed a...Read More
GCal Laboratories will be showcasing $3,5 million worth of Nirav Modi's jewelry retail chain collections. Among the to be auctioned collections of the fugituve, bankrupt diamantaire are platinum and 18-karat gold collection suites such as Embrace, Luminance, Mughal, Lotus, Celestial and Jasmine. The Embrace Collection (expandable) includes bracelets, wedding bands, and necklaces. In th...Read More
The Gujarati newspapers Gujarat Mitra and Gujarat Darpan both published news items reporting that the Mumbai Cargo Customs authorities had stopped a shipment of rough diamonds of one India's leading diamond manufacturer that was suspected to be undervalued. The Mumbai Cargo Customs authorities investigated the shipment to assess its value.According to the articles published on May 25th, initi...Read More
Lithium's next generationSPONSOREDneo lithiumHot Chili secures copper 'super hub' SPONSOREDhot chili limitedVimy ready for move to higher uranium groundSPONSOREDvimy resources"It's not regulation that fails, it's [the industry] as engineers and operators"SPONSOREDsrk consultingIt is the latest development in a plus-10 year approvals process for the initial 20-year pro...Read More
Cross...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.Subs...Read More
LME prices fell last week The...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as...Read More
Aluminium Following from the May 23 low at...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest...Read More
Surplus in January-February, according to ICSG ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest is...Read More
ILZSG surplus grows in March...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as i...Read More
Bullish themes Although LME nickel stock flows have...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the la...Read More