The yield on the 10-year Treasury continues to fall lower in a sign that things in the economy may not be as rosy as some would have you believe.Continue...Read More
As time goes by, Keith Weiner and others are more and more convinced that the long awaited bull market in gold has finally arrived. Both from a technical and fundamental point of view, there is agreement among most that this bull is the real deal. Of course anything can happen, and probably will, but things are looking up. And Keith has developed a way to play this market through gold bonds, his u...Read More
Can you buy gold with Bitcoin? What about other cryptocurrencies? The answer to both questions is a resounding "Yes!"Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment education companies. He is author of the highest selling preci...Read More
The Canadian company will retain exposure to the asset, though, through a royalty. Canasil Resources Inc. (CLZ:TSX.V) announced in a news release it agreed to sell its interest in Sandra-Escobar in Mexico to Pan American Silver Corp.'s subsidiary Plata Panamericana for CA$2 million and a 2% net smelter return (NSR) royalty on the latter's stake in the project."This arrangement provides significan...Read More
The company temporarily stopped drilling to do the engineering work needed for submission. Rise Gold Corp. (RISE:CSE; RYES:OTCQB) announced in a news release the conceptual size and grade of an initial exploration target at its past producing Idaho-Maryland gold project in Northern California and its next steps for moving toward reopening the mine.The company successfully drilled 19 holes over 20...Read More
A description of the properties and how this precious metals company will benefit from their addition are provided in a CIBC report. In a June 27 research note, CIBC analyst Cosmos Chiu reported that SSR Mining Inc. (SSRM:NASDAQ) acquired two past-producing mines adjacent to its Nevada project Marigold for $22 million in cash plus the assumption of $23.1 million in long-term environmental and rec...Read More
Recent drill results and their implications are presented in a ROTH Capital Partners report. In a June 27 research note, ROTH Capital Partners analyst Jake Sekelsky reported that recent exploration at SilverCrest Metals Inc.'s (SIL:TSX.V) Las Chispas in Mexico "confirms previous expectations and sets the stage for further derisking" of the project.Specifically, the Santa Rosa decline hit the high...Read More
Precious metals expert Michael Ballanger discusses the mettle necessary to trade precious metals at this time. "Mettle" the ability to cope with difficulties or to face a demanding situation in a spirited and resilient way.Given the performance of my beloved Gold and Gold Miners in the past month, could there have ever been a more fitting word describing our sector than in the word "mettle"? Inse...Read More
- Craig HemkeA few years ago, we wrote the salient article on the subject of derivative supply and demand on Comex. Given the recent price breakout and sentiment change, it's likely a good idea to re-visit this topic today. The post from 2017 dealt with Comex silver and the original link is below. However, since it is extremely important that you understand this dynamic, I'm going to ask the...Read More
When last we left the 3 Metallic Amigos... I can't remember the detailed individual statuses and am too busy to go read the post. They were something like borderline hysterical gold, attractive silver and bouncing (but not yet bullish) copper. So here's today's update on these Amigos.Gold is testing the high today after not even pulling a 38% Fib retrace. A real bull market launch may not pull...Read More
- David HaggithIf you're a Trump supporter, you're going to hate this article and love it; likewise, if you are a Trump hater. I am going to lay out evidence that Trump is either the biggest moron of a president the US has ever had but also my own 4-D chess explanation that would make him cunning if true. Which is true, I have no idea; but I will lay out equally strong arguments for either vie...Read More
- Gary ChristensonCity One: DebtapolisIn this fictional world a financial genius and his offspring executed a brilliant plan over several centuries.The government authorized his bank to create and print paper money, backed by gold or silver.The bank accepted gold, silver and other valuables as deposits into its vaults, and loaned paper money to governments, businesses, politicians, and individ...Read More
The prime reason for the rise in gold is short covering apart from recession concerns. Trade war is here to stay. IMF chief Lagarde moving to lead European central bank chief is also one the possible reason. Investment demand is on the higher side with every rise in gold price. Hopefully silver will now try and catch up with the gold price rally. Opec has expressed concerns over a weak demand....Read More
"Silver has not rallied to the extent of gold, so we still think that we are still rallying in..."by Captain Ewave of CaptainEwaveCaptain EwaveGold's Correction Begins Email: [email protected] Website: www.captainewave.com July 2, 2019 GOLD: Short Term UpdateThere is a chance that wave $i$ is still going to extend higher before it ends, and if that is the case then this current correctio...Read More
RAPAPORT... The prevailing panic surrounding the rise of lab-grown diamonds is overshadowing the bigger challenge facing the diamond market: There is no profit in the trade. This long-term challenge is reaching crisis levels, as manufacturers lack liquidity and are reducing prices to raise cash. Banks are applying pressure on them to repay their loans and are hesitant to extend additional credit.T...Read More
RAPAPORT...The Jewelers' Security Alliance (JSA)has issued a "code red" warning ahead of Thursday's July 4celebrations in the US. The New York-based association,which provides crime information andassistance to jewelers across America, has warned that power interruptions atjewelry stores is a "red flag" for a break-in. Holidays such as July 4 areparticularly "high-risk," it said in a crime alert l...Read More
RAPAPORT... UK-based consultancy Levin Sources haslaunched a responsible-sourcing service for small to medium-sized (SME)jewelers. Developed to support SME jewelers inestablishing ethical-sourcing policies and procedures, the new proposition was formallyinaugurated on June 27, to coincide with Micro-, Small and Medium-SizedEnterprises (MSME) Day. The service, which has already beenrolled out to tw...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.The time is right for the mining industry to invest in new projects. The fundamentals are clear: we forecast supply gaps across a number of key commodities by 2028.Investors are understandably concerned that the mining industry will r...Read More
RAPAPORT... Retail sales in Hong Kongare set to fall by 5% in 2019, with the decline expected to be even sharper inthe luxury-goods market, which includes jewelry. The new estimate, publishedlast week by PricewaterhouseCoopers (PwC), is a downgrade on its previousforecast. The advisory firm had anticipated that Hong Kong's retail sales woulddip by 3%. Reasons cited for the lower forecastinclude th...Read More
New patents that aim to eliminate fraud, improve traceability and revive the availability of finance in the diamond industry have been filed by Scarselli Diamonds, a polished diamond traders and jewelry consignee to the trade, and Benoit J. P. Flammang, Founder and Chief Executive Officer of Beninvest & Associates. The patents center on DiamTek, a solution using permanent nano-laser tag...Read More