Recent drill results prompted mobilizing a second rig to boost exploration efforts. Tudor Gold Inc. (TUD:TSX.V; TDRRF:OTCMKTS; TUC:FSE) announced in a news release that its phase 1 drilling in the Goldstorm zone of its flagship Treaty Creek project yielded encouraging results. The best near-surface intercept obtained so far at the Golden Triangle property in British Columbia came from diamond hol...Read More

Based on the results, this Canadian company will continue advancing this project in Idaho. Otis Gold Corp. (OOO:TSX; OGLDF:OTCMKTS) announced in a news release the preliminary economic assessment (PEA) on its Kilgore gold project in Idaho is done and shows "highly attractive economics."The report outlines an open-pit, heap-leach operation producing 112,500 ounces of gold per year over a 4.9-year...Read More

Silver, the precious metals coiled swing has just given us a taste of what to expect as the price shot higher during July, last trading at $16,56, up 12% since my analysis of 10th June ($14.74). Silver had been lagging the gold price all year, even entering into a downtrend early July that resolved in a $2, 15% surge higher as the following Silver / Gold graph illustrates. My analysis of 11th June...Read More

PreambleLet's start by defining investment and speculation, and for thispurpose, I have used Investopedia:An investment is an asset or item acquired with the goal ofgenerating income or appreciation.Speculationrefers to the act of conducting a financial transaction that has substantialrisk of losing value but also holds the expectation of a significant gain orother major value. Precious metal...Read More

This August marks the 24th year anniversary for http://www.GoldSeek.com, a gold news and financial information website established in 1995. Today GoldSeek.com is ranked as one of the most visited gold websites in the world.GoldSeek.com is headquartered in Colorado with its international team in other parts of the United States, Canada and the Czech Republic. The site has grown to receive o...Read More

Unemployment in the U.S. is at a half-century low and the S&P 500 is trading at near-record highs. Nevertheless, the Federal Reserve today trimmed interest rates for the first time since the financial crisis on stalled manufacturing growth and an anticipated world economic slowdown.The easing cycle may be the catalyst gold needs to outperform the market and retrace its monster bull rally in the...Read More

- Ronan Manly, Bullion StarThe US Federal Reserve's Federal Open Market Committee (FOMC) today announced a 0.25% cut in the influential US federal funds rate from a target range of 2.25% - 2.50% to a target range of 2.00% - 2.25%, a move which was closely watched and widely signaled, but which was the first such fed funds rate cut in over 10 years.As an official interest rate which affects...Read More

Stock market indexes are currently at record or near record highs, even as the chances for recession within the next 1-2 years seem to be rising. So how great would the losses be from these record heights, if the business cycle continues and we get another round of recession and bear market?As explored in this analysis and as shown in the graph above, there is a strong case that a new recession...Read More

Gold and silver fell after the Federal Reserve stance on interest rate cut. There can be more fall today and tomorrow as well. Friday's US July nonfarm payrolls needs to come in below 100,000 for gold and silver bulls to revive. For now gold and silver bears have an upper edge. Traders and markets were way ahead on interest rate cut stance. The Federal Reserve chairman muted all those who were...Read More

Are we at increased risk for a short-term sell-off, or is a short squeeze coming? Here's the outlook for silver in the month of August...by Chris Marcus via Arcadia EconomicsDisclaimer: This report contains strategies that could be risky for certain investors and is presented as research for further investigation. As always, you are trading and committing capital at your own riskCurrent Silver Mar...Read More

This one simple reason may explain why silver was steadily "sold" overnight and into this morning...UPDATE: This post was originally titled "Opportunity Knocks: Smart Money Investors Look To 'Buy The Dip' As Silver Price Falls To $15".Is this post already out of date?Here are gold & silver's intra-day charts, at 2:24 p.m. EST:Why is this happening?In my opinion, the cartel knew the Tweet was comi...Read More

Rough sales plummet due tolack of profit and liquidity squeeze. Midstream pressures caused by high 2017/18rough supply at inflated prices, combined with tighter inventory controls byretailers. Sightholders refuse goods as De Beers keeps prices stable at $250MJuly sight. Rio Tinto 1H diamond revenue -16% to $271M, loss of $5M. Polishedprices continue to soften, with July 1 ct. RAPI -0.9%. Rough pri...Read More

Someimprovement from last week, with more foreign buyers looking for goods. USdemand supporting the market. Manufacturers still under pressure andmaintaining low production levels. Not much buzz for next week's IIJS Mumbaishow, with gold-jewelry suppliers concerned about high gold price. Roughtrading slow after small De Beers July sight. RoundRead More

(IDEX Online News) - Once again, just like during the first half of the year, price developments in rounds in most sizes under a carat were mixed - and minor. However, the few price developments in sizes from 0.90 ct. up to three carats were positive, with the 1.00-1.24 carat range showing 2 to 3.5 percent rises in VVS1-VVS2 / EF and SI2 / DEF goods. In the 2.00 to 2.99 carat range, there were som...Read More

The Plumb Club will be hosting a webinar to help retail jewelers understand today's self-purchasing women. The webinar to be held on Tuesday, August 6th, 2019 at 2:00pm ET. It will cover topics such as: What do retail jewelers need to understand about women as consumers and purchase influencers?How should they be marketing to and communicating with them?How do women buy jewelry?What need...Read More

RAPAPORT... Alrosa's knack for recovering unusually shaped diamonds hasscaled new heights with the discovery of a rough stone resembling a fish. "In the photo, you see a very rare specimen: a rough-diamondcrystal which pretends to be a fish," the Russian miner wrote in an Instagrampost Wednesday announcing the find. As with its other similar hauls, Alrosa hooked the catch toa marketing goal, usin...Read More

LVMH reported strong earnings for the first half of 2019, generated by brands like Louis Vuitton and Dior. LVMH's earnings rose 15 percent in the second quarter of 2019, to $14 billion, with the largest growth coming from a 20 percent increase in the fashion and leather goods sector. Asia proved profitable in particular as the region generated  at third of LVMH's overall reven...Read More

The USA's National Retail Federation and GfK (Growth from Knowledge) a digital research agency, have produced and published a white paper, entitled "Decoding the Personalization Paradox." The paper is to help retailers and brands apply "personalization at scale." and allows its users to learn more about consumers' needs, desires and concerns about targeting and personalization and how ma...Read More

RAPAPORT... Weak rough prices pushed Rio Tinto's diamond unit into thered in the first half of the year, the miner reported Thursday. The division recorded a net loss of $5 million for the sixmonths ending June 30, compared with a profit of $55 million a year ago. Diamondsales fell 16% to $271 million for the period. Production dropped 10% to 8.3 million carats, primarily dueto a 13% decreas...Read More

The Angolan government is to launch a public tenderprocess during the remainder of this year for five mining concessions. These will be for diamonds, iron-ore and phosphates. This was announced late last month by the country’s Mineral Resources and Petroleum Minister, Diamantino Azevedo, during a visit to the city of Moçamedes (capital of Namibe province), the Macauhub news agency rep...Read More