Recent News

Gold Resource Corporation Announces Second Quarter Conference Call

August 07, 2019 / news.goldseek.com

Colorado Springs, CO, Aug. 05, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced the timing of its second quarter earnings conference call scheduled for Wednesday, August 7, 2019. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Co...Read More

Cartel's Last Stand Against The $17 Price As Silver Goes On The Offensive

August 07, 2019 / www.silverdoctors.com

SD Midweek Update: Shifting its focus to silver, the cartel is making its last stand in The Battle For Seventeen...Editor's Note: In addition to all of the fast-paced news to discuss in today's live-stream at 12:00 p.m. EST, please know that I have lived in El Paso, Texas for many years, I was a soldier in the US Army stationed at Fort Bliss, and I have been to that Walmart and Cielo Vista Mall fo...Read More

HSBC to Pay $330M in Antwerp Fraud Settlement

August 07, 2019 / www.diamonds.net

A Swiss unit of HSBC has agreed to pay a record EUR 294.4 million ($330 million) to settle fraud claims against its Belgian business, which mainly serves members of the Antwerp diamond trade.In 2014, a Belgian judge charged HSBC Private Bank (Switzerland) with crimes including organized tax fraud, money laundering and forgery of documents. The bank is also suspected of having deliberately encourag...Read More

Tiffany to Launch in India This Year

August 07, 2019 / www.diamonds.net

RAPAPORT... Tiffany & Co. will open its doors in India in an effort to capitalize on its already strong image and brand awarenessin the country, the company said Wednesday. The luxury jeweler will partner with Reliance BrandsLimited, which is part of the Reliance Industries conglomerate owned by Mukesh Ambani, recentlyranked by Forbes as the richest man in Asia. Tiffany will open stores i...Read More

Stuller Names New Head of Bridal

August 07, 2019 / www.diamonds.net

RAPAPORT... Stuller has promoted Alix Gonsoulin to vice president of itsbridal, fine-jewelry and findings division, it said Tuesday. Gonsoulin started as director of diamond-and-gemstonefashion with the US-based jewelry manufacturer in 2012, and was most recently it executive director of product development. "Alix has shown an exceptional ability to workcross-functionally throughout the organ...Read More

Currency Gains Boost Mountain Province Profit

August 07, 2019 / www.diamonds.net

RAPAPORT... Mountain Province's profit increased in the second quarter amid a stronger Canadian dollar that reduced its debt levels, it said Tuesday. Profit jumped 61% to CAD 10.3 million ($7.8 million) for thethree months ending June 30, as it recorded exchange-rate gains of CAD 7.5million ($5.6 million) due to the appreciation of the currency against its US counterpart. The Canada-based com...Read More

Bridal Sales Bolster Titan Growth

August 07, 2019 / www.diamonds.net

RAPAPORT... Sales at India's Titan Company increased in the first fiscal quarter, but growth was weaker than the jeweler had expected due to challenging conditions in the domestic market.Revenue climbed 16% year on year to INR 52.08 billion ($736.7million) in the three months ending June 30, while profit rose 11% to INR 3.64billion ($51.4 million). Sales were strong in studded and wedding jew...Read More

Let's Set Our Sights on the Auctions

August 07, 2019 / www.diamonds.net

RAPAPORT... De Beers' first-half earnings highlighted the many challenges facing the diamond trade. But beyond the sharp declines the mining company suffered, CEO Bruce Cleaver and chief financial officer Nimesh Patel were insistent with their messaging: This, too, shall pass.The executives recognized that the challenges came from within the trade rather than a slump in consumer demand, even as th...Read More

No stopping gold while investors take safety in havens; copper ignores cutback news

August 07, 2019 / www.metalbulletinresearch.com

We have long held the view that there is a race against time between the trade disputes tipping the global economy toward recession and a trade deal spurring growth while businesses restock as their confidence recovers. For now, the slip toward recession seems to be winning. Equities in Asia were mixed on Wednesday August 7 after a mixed performance in western markets on Tuesday, but more central...Read More

Tech Talk for Wednesday August 7th 2019

August 07, 2019 / www.timingthemarket.ca

U.S. equity index futures were lower this morning. S&P 500 futures were down 11 points in pre-opening trade. Walt Disney dropped $5.86 to $136.01 after reporting lower than consensus fiscal third quarter earnings. Weight Watchers (WW $21.01) is expected to open higher after reporting higher than consensus second quarter earnings. The company also raised guidance. CVS Health advanced $2.41 to $...Read More

Gold & Dollar Rising Together?

August 07, 2019 / www.armstrongeconomics.com

QUESTION: Marty, Socrates has done an amazing job forecasting gold all by itself. What I find stunning is gold is rising but so is the dollar. This once again points out that all this gold analysis that it will soar because the dollar is fiat and will go to zero seems really absurd. You have warned that during the early stages gold will rise with the dollar. That is unfolding yet it is going unnot...Read More

EXPOSED: Another Currency Manipulator!

August 07, 2019 / dailyreckoning.com

Currency manipulator!Today we point an indignant and accusing finger at the latest currency manipulator.Let all proper authorities take notice.The accused is not China - incidentally.But we cannot proceed without first noting another manipulated market...The stock market presented a distressed scene this morning.Plunging bond yields are the explanation widely on offer (falling yields reflect a poo...Read More

The Swiss Battle to Cheapen the Franc

August 07, 2019 / dailyreckoning.com

One of the crucial insights in currency trading that many investors fail to grasp is that currencies don't go to zero, and they don't go through the roof. That's a generalization, but an important one. Here are the qualifications:This observation applies to major currencies only - not to currencies of corrupt or incompetent countries like Venezuela or Zimbabwe. Those currencies do go to zero throu...Read More

Gold M&A here?

August 07, 2019 / www.mining-journal.com

Thickened tailings deposition for closureSPONSOREDsrk consultingNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumSaturn's high-grade discovery gives Apollo Hill a rocketSPONSOREDsaturn metalsLast week saw two deals of reasonable scale in the precious metals space. The first was mid-...Read More

Gold miners should keep on hedging

August 07, 2019 / www.mining-journal.com

Thickened tailings deposition for closureSPONSOREDsrk consultingNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumSaturn's high-grade discovery gives Apollo Hill a rocketSPONSOREDsaturn metalsMy beloved son and heir, now in his early teens is, to his credit, showing some interest and...Read More

Semafo revises 2019 guidance after Mana pit-wall failure

August 07, 2019 / www.northernminer.com

Semafo (TSX: SMF) has cut 2019 production guidance for its Mana mine in Burkina Faso by 40,000 to 50,000 oz. gold, following a pit-wall failure in the northern part of the Wona pit on August 2.The intermediate gold producer now expects the mine will produce between 130,000 and 140,000 oz. gold this year, down from its earlier guidance of 170,000 to 190,000 oz. gold.According to Semafo's 2019 mine...Read More

Minecraft Story Mode is a disaster of a game

August 07, 2019 / www.youtube.com

You can get Insomnia65 tickets here - http://bit.ly/CallMeKevin_i65Minecraft Story Mode makes literally no sense, I love and hate itMy Patreon: https://www.patreon.com/callmekevinMerch: https://kevin.fanfiber.com/Twitter: http://twitter.com/CallMeKevin1811Instagram: https://www.instagram.com/callmekevin...Edited by @Kippesoep001, @TropicalFreeze2 and KevinPatreon Producers ?(TM)?_anightonmarsA_Lov...Read More

Sacerdote Gerardo Joannon es acusado de abuso sexual

August 07, 2019 / www.youtube.com

El cura ya hab?-a estado en el ojo del hurac??n por encabezar una red de adopci??n ilegal.Read More

Independent View: Marc Faber, The Gloom, Boom and Doom Report (August 2019)

August 07, 2019 / www.youtube.com

Economist Marc Faber, editor and publisher of The Gloom, Boom & Doom Report (Link: www.gloomboomdoom.com) sits down with The Independent Speculator to all about gold's breakout, China and the global economy, the two biggest surprises he's seen in his life, and the most important trends he sees going forward. Marc pulls no punches and calls it as he sees it. Whether investors like it or not, we nee...Read More

Trader Who Nailed Gold's Summer Breakout Now Eyes This Price (RERUN)

August 07, 2019 / www.kitco.com

Aug 08, 2019 Guest(s): Todd Gordon Founder, TradingAnalysis.com The Fed's dovish position is likely to send gold several hundred dollars an ounce higher in six months, this according to Todd Gordon, founder of TradingAnalysis.com. "I don't think this is the birth of a new gold market. I do see upside though, into the $1,500s, $1,600s, potentially $1,700 but unfortunately I think at that point th...Read More

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