These results are from an ongoing mapping and sampling program at various levels of the underground workings. Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) announced in a news release that exploration work on the 5570 level of its Good Hope mine identified structurally controlled, high-grade gold and silver mineralization. Good Hope is part of Newrange's Pamlico project in Nevada.Follow-up undergrou...Read More
After a major trend change, it can be difficult for the majority of investors and market watchers to shift and adjust accordingly to the new trend.It’s no different in the current case of precious metals which, other than a huge rally in the first half of 2016 have been dead money for the majority of the current decade. Despite the newfound bullish fundamentals and bullish technical action,...Read More
Whilemotorists continue to enjoy the benefits of a longstanding supply glut in crudeoil, car manufacturers are becoming increasingly worried about shortages. Notin liquid fuels, but in metals.Theautomotive industry requires certain strategic, rare, and precious metals.Without them, batteries for electric cars wouldn’t function and catalyticconverters for gasoline engines wouldn’t work....Read More
Craig HemkeSince late May, the price of COMEX Digital Gold has been on a tear with a rally of over $200. Will this surge continue? Perhaps more importantly, can this surge continue?First of all, and so that we're on the same page, none of this should come as a surprise to regular readers. Since last November, we've been stating that 2019 would show the best gains for the precious metals since 20...Read More
COLORADO SPRINGS, Aug. 06, 2019 -- Gold Resource Corporation (NYSE American: GORO) (the "Company" or "GRC") reported production results for the second quarter ended June 30, 2019 of 9,559 ounces of gold and 467,484 ounces of silver, which along with base metal revenue generated $29.4 million in net revenue and $1.8 million, or $0.03 per share, in net income for the quarter. The Company maintai...Read More
Dave KranzlerA Global Race To Zero In Fiat Currencies......ushers in the restoration of price discovery in the precious metals market. The price of gold is at or near an all-time in most currencies except the dollar. This summer, however, it would appear that the dollar-based valuation of gold is starting to break the "shackles" of official intervention and is beginning reflect the underlying fu...Read More
1. Is China a currency manipulator? For one possible answer to this question, please click here now. My view is almost identical to Kyle's; China's government is manipulating its currency... higher!2. Trump's tariff tax obsession may be somewhat comical, but it is creating substantial weakness in China's currency. That's because foreign and domestic investors are moving significa...Read More
GoldCoreGold prices have surged in dollars and all currencies due to the escalation in the trade wars and a return to currency wars between China and the U.S.Gold in USD - 10 Years - GoldCore.comGold surged as much as 2% in dollars yesterday and has consolidated on those gains today. It is gold's highest level in dollars in more than six years (see chart) and gold reached all time record highs (...Read More
By Avi GilburtFor weeks, if not months, I have been reading one bearish bond article after another. In fact, many of these same writers have been arguing with me for months about the bond rally I expected back in November of 2018. One suggests that this rally is really a "fake," whereas another has been strongly suggesting that investors fade this rally, with many more supporting their opini...Read More
Richard (Rick) Mills The long-anticipated US Federal Reserve decision last Wednesday to notch interest rates downward was, like most of these over-hyped meetings, anti-climactic. Since the central bank in June hinted that a rate cut was in the offing, North American stock markets have trended up, but they took a hit on Wednesday following the Fed's decision to only lower rates by a quarter...Read More
By: Ira EpsteinGold's daily chart, set a bear trap last week. 18 week MA is $1,437 level. Base formed around $1,450 area..Read More
After the release of US July nonfarm payrolls, I thought I will be an easy week to trade and invest. Continuous flow of news like branding China a currency manipulator will only increase volatility. There is now no reason for crude oil to rise. Chinese slowdown and India slowdown should result in demand led price fall. To me crude oil prices should fall fifteen percent at least in the short term...Read More
They've gotten away with decades of depressing the price and nothing will save them should the CFTC disallow them from continuing to dominate...by Ted Butler via Silver SeekThe newly-installed chairman of the CFTC, Dr. Heath Tarbert, in office for only two weeks, submitted an op-ed to Fox Business News the other day, in which he laid out his goals for the agency. Dr. Tarbert comes to the agency wi...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Growing US crude production – particularly in the midcontinent and Rockies regions – is upending traditional Gulf Coast pipeline routes.The result? An unprecedented great American oil pipeline build-out. The shale revoluti...Read More
RAPAPORT... The project by the Diamond Producers Association (DPA) testing lab-grown detectors has expanded to melee, a segment of the market highly prone to undisclosed synthetics.The Assure program reviewed 12 machines using asample of 1,000 mined diamonds and 200 synthetics, as well as 200 diamondsimulants. The stones ranged in size from 0.005 to 0.02 carats, with D to Jcolor.Six instrumen...Read More
RAPAPORT... Tiffany & Co. will launch an exhibition in Shanghai, China, tocelebrate the greatest jewelry masterpieces it has created over its 180 years. The "Vision & Virtuosity" display, which will run from September 23 to November 10, will followthe history of some of the luxury jeweler's most iconic pieces and moments. "There are many incredible objects in the Tiffany archivesthat...Read More
RAPAPORT... AGD Diamonds has unearthed three rough stones over 100 carats from its Grib mine in Russia, including one it claims is Europe's largest.The company found the 222.09-carat stone on May 4, and named it Vladimir Grib in honor of AGD's formerchief geologist. The second stone, found on May 3, weighs 127.34 carats. Theminer has called it Elisey Verichev, paying tribute to the AGD veter...Read More
RAPAPORT... Development work at the Mothae mine in Lesotho has paid off for Lucapa Diamond Company, with the discovery of a 64-carat rough, the highest-quality diamond found at thedeposit to date. The miner recovered the D-color, type IIa stone at Mothae's higher-margin southern pit, it said Tuesday. Lucapa began production in that area in the past month, following the construction of a...Read More
RAPAPORT PRESS RELEASE, August 6, 2019, Las Vegas ... Diamond-market sentiment was weak in July due to tight profits and liquidity. The pressures facing cutters and dealers resulted from high rough supply at inflated prices during 2017 and 2018, even as polished prices were softening.The RapNet Diamond Index (RAPI?,,?) for 1-carat polished fell 0.9% during the month. The index was down 4% since th...Read More
In May 2019, like during the four previous months of this calendar year, jewelry sales continued to suffer. Watch sales, on the other hand, have been improving though the first five months of the year, albeit in low, single digit increments. In May, the fall in sales of jewelry registered at 8.7 percent, compared to May 2018, the sharpest fall for the year. As the various graphs show, in May 2018...Read More