"I know President Xi of China very well. He is a great leader who very much has the respect of his people. He is also a good man in a "tough business." I have ZERO doubt that if President Xi Continue...Read More
"Epstein never provided tax, estate or services of any kind to Bill Gates," the representative said.Continue...Read More
Falling exports sent Germany's economy into reverse in the second quarter. A global slowdown and tariff war are having a significant impact on the German economyContinue...Read More
Barry Suppler has been selling bullion for decades. That's why when he speaks, we listen. When he says that business is booming then we know something is a foot. As a survivor in a very tough environment for the past 8 years, Barry has never given up. Now that the market has so clearly turned, he'll be one of the winners in the next round. Make sure you order his annual gold report.Read More
Gold futures rose Wednesday after the yield on the 10-year Treasury dropped below the 2-year yieldContinue...Read More
The plan of agreement is slated to go into effect around Aug. 19. Terraco Gold Corp. (TEN:TSX.V; TCEGF:OTCPK) announced in a news release that 98.96% of its voting shareholders, on Aug. 13, approved sale of the corporation to Sailfish Royalty Corp. Per the terms of the agreement, Terraco shareholders will receive 0.12 shares of Sailfish for each Terraco share held, which comprises the exchange ra...Read More
Positive results to date prompted this decision. Gatling Larder ProjectGatling Exploration Inc. (GTR:TSX.V; GATGF:OTCMKTS) expanded the 2019 drill program at its Larder gold project to 20,000 meters (20,000m) from 10,000m due to early success, it announced in a news release. During the rest of this year's drill campaign for this asset in Ontario's Abitibi Belt, the company will aim to expand the...Read More
Nick Appleyard, CEO of TriStar Gold, talks with Maurice Jackson of Proven and Probable about advancing his company's gold project in Brazil. TriStar Castelo de SonhosMaurice Jackson: Joining us for a conversation is Nick Appleyard, the president, director and CEO of TriStar Gold Inc. (TSG:TSX.V). Glad to have you discuss the value proposition before us, TriStar Gold, which is focused on developin...Read More
Ifyou buy shares in a silver mining company, you will have to assume additionalmarket risks compared to ownership of silver bullion. You may wish to do soin order to potentially gain leveraged exposure to silver prices.Whatyou may not realize, however, is that most of the publicly traded “silver” stocks out there are primarilyin the business of mining other metals – sometimes gol...Read More
Last week was another strong one for the precious metals sector. Gold gained a whopping $51/oz or 3.5%. The gold stocks (GDX, GDXJ) advanced by roughly 6%. Silver gained 4%.Momentum in the sector began to build once Gold surpassed resistance at $1420-$1425/oz. We had noted the lack of resistance from $1425 to $1525-$1550/oz. Gold has not reached $1550/oz yet but as it inches higher, some...Read More
It appears that the two steps forward, one stepbackwards approach of mainland China isn’t working as Hong Kong citizens areprotesting again. The increasingly violent protests have plunged Chinese-ruledHong Kong into its most serious crisis in decades, and the situation appears tobe getting worse every week. What does it imply for the gold market? Hong Kongers ProtestOn Monday, Hong Kong&rsqu...Read More
Sector expert Michael Ballanger draws connections between nefarious non-native species in the natural world and in the world markets. Invasive species: Any kind of living organism—an amphibian (like the cane toad), plant, insect, fish, fungus, bacteria, or even an organism's seeds or eggs—that is not native to an ecosystem and causes harm. They can harm the environment, the economy, o...Read More
Craig HemkeAs global interest plummets to historically negative levels and as the U.S. bond market reveals a deeply inverted yield curve it's time again to assess what all of this means for the precious metals investor.Just yesterday, a fellow on CNBC remarked that "no one had seen this coming". By "this", he meant a sharp rally in both gold and bonds. Oh really? We write these articles for Spro...Read More
By: Ira EpsteinGold still up on the week. This pullback may not have been a cap on the gold rally. Was this a one day event?Read More
Trump and his delay of additional trade tariff will not have any impact on gold and silver. Yesterday's fall was just an excuse to book some profit. Long term bullish factors such as de-dollarization, central bank buying and interest rate cut trend is here to stay. Even corrections up to $1370 (if any) will be a part of the bullish trend. Silver will rise. I do not foresee it falling below $158...Read More
The shallow Triple R uranium deposit stretches over 3.18 km and has the potential to grow. (Image: Fission Uranium)SASKATCHEWAN - Fission Uranium of Kelowna, B.C., has received the assays from the winter 2019 drill program at the Patterson Lake South property in the southwest rim of the Athabasca Basin. The company says the results confirm the potential to expand the high grade uranium resources a...Read More
RAPAPORT... Pandora is set to repurchase DKK 500 million ($74.7 million)of unsold inventory from retailers that stock its products, the company said. The Danish jeweler believes this will reduce the quantity of goods its clients keep in stock for long periods. The company plans to smelt and recycle the old jewelry to make new collections, a company spokesperson told Rapaport News&nb...Read More
RAPAPORT... Mountain Province has been given six months toraise its share price or it will no longer be eligible to list on the Nasdaqstock exchange, it said Tuesday. The Canada-based miner's stock is currently valued at$0.97, below the minimum bid price of $1 per share required for maintaining aspot on the exchange. It received the warning because its price had fallen below that level for mo...Read More
RAPAPORT... Jewelry imported into the US from China will attract an extra levyof 10%, despite the Trump administration's decision to postpone tariffs onother goods due to the upcoming holiday season. While certain health-and-safety products are being removedfrom the prospective tariff list, other items - including toys, computer equipment, video games andclothing - havereceived a temporary re...Read More
RAPAPORT... Phillips has hired Alexis Vourvoulis to help build up itsjewelry business in Los Angeles, a key target market for the company. "The move reflects the growth of the Phillips jewelrydepartment and the increasing importance of California to the company'sexpansion," the auction house said Tuesday. Vourvoulis is the sixth new hire for the department since thebeginning of 2018, and the thir...Read More