"Despite Western sanctions along with Russia's retaliatory measures the volume of investments by German corporations into the Russian economy last hit a record high in 2008," Continue...Read More
"Despite where the markets are in equities, we have not seen money being put to work," Fink said. "We have record amounts of money in cash."Continue...Read More
Venezuela plans to sell 15 tonnes of its Central Bank gold reserves despite warnings from the U.S.Continue...Read More
Gold is threatening to break down below key support near $1280 and erase all of its gains for 2019Continue...Read More
Peter Epstein of Epstein Research provides an update on a company exploring its Canadian properties for vanadium and other energy metals. Delrey Metals Corp. (DLRY:CSE; DLRYF:OTCPK; 1OZ:FSE) has acquired five promising properties in Canada. Four are prospective for vanadium, for a total of 10,856 hectares, and one is a cobalt-copper-zinc opportunity that Cobalt 27 Capital Corp. acquired a 2% NSR...Read More
The noted engineer, who has a track record of building companies and increasing their value, is now focusing on Nexus Gold. Bouboulou Gold Concession - West AfricaJ. Ian Stalker, who has had a long more than 45 years and storied history in mining exploration, development and operations, including working in West Africa for more than a decade, has become the non-executive chairman of Nexus Gold Co...Read More
The Spring Meeting of the World Bank and the IMF,during which the latter organization released its fresh World Economic Outlook, has justended. What are the takeaways for the gold market? Stagnationor Acceleration after the Slowdown?In Thursday’s Gold News Monitor, we pointedout that the IMF significantly cut outlook for the Eurozone’s economic growththis year from 1.6 to 1.3 percent....Read More
The big picture fundamentals for precious metals have been trending more bullish in recent months as expectations for the Federal Reserve went from a few rate hikes in 2019 to an expectation of a rate cut within the next 12 months. That is aligned with the peak in the 2-year yield and growing concerns over slowing growth globally. However, that doesn’t preclude a temporary improvement in the...Read More
By Adam Taggart"We are on the precipice of the greatest retirement crisis in the history of the world. And that makes perfect sense because, first of all, we have the largest elderly population in the history of the world.Just focusing on the United States: our elderly are woefully unprepared to retire. And in the decades to come we will witness millions of elderly American's, Baby Boomers and...Read More
By: Keith Weiner, Monetary MetalsLast week, we wrote that regulations, taxes, environmental compliance, and fear of lawsuits forces companies to put useless ingredients into their products. We said:"For example, milk comes from the ingredients of: land, cows, ranch labor, dairy labor, dairy capital equipment, distribution labor, distribution capital, and consumable containers."There are eight n...Read More
By: Jordan Roy-Byrne CMT, MFTA The big picture fundamentals for precious metals have been trending more bullish in recent months as expectations for the Federal Reserve went from a few rate hikes in 2019 to an expectation of a rate cut within the next 12 months. That is aligned with the peak in the 2-year yield and growing concerns over slowing growth globally.However, that doesn't preclude a te...Read More
When the S&Ps took a bold leap on December 26 after plummeting 500 points earlier in the month, few could have imagined what would happen next. It were as though, missing an arm and a leg, a soldier had vaulted from a trench in the heat of the Battle of the Somme and shouted "Vive la France!" In the movie, the soldier is dead before he stumbles and hits the ground. But on Wall Street, U.S. stock...Read More
1. Global stock and bond markets continue to be driven by the macros of a possible trade deal, accommodative central banks, weaker earnings, continued stock buybacks, and rising government debt.2. Gold is driven by these same macros, but it has the additional price driver of seasonal Chindian physical market demand.3. It's currently the soft season for physical demand, but the r...Read More
By: Dave KranzlerLiterally, the wheels are coming off. Panasonic, which supplies batteries that it manufactures for Tesla at the Gigafactory in Nevada announced that it was cutting back on its plans to expand production capacity at the plant. It also announced that it was suspending plans to produce batteries at Tesla's planned Shanghai Gigafactory. In an article in a Japanese business publicat...Read More
By: Ira EpsteinGold trading into a market downtrend, oversold but $1,280 level in play...Read More
Gold and silver are still not out of the bear shadow. If they fall today, then they will crash. India is closed tomorrow. In India this is the biggest holiday week of the year. If Indian gold prices fall, then jewelers will have the best sale of the current year. A hopefully good jewelry sale will result higher Indian gold demand next week. Day traders need to remain on the sidelines today. Tr...Read More
India has accounted for much of the global demand for silver. Matt explains the significance...by Matt from Silver Fortune via Silver FortuneUnderstanding just how much silver demand India accounted for last year drives home the point of their importance to the silver market. Read More
RAPAPORT... The American Gem Society (AGS) has given Arkansas jeweler Kelly Newton its Robert M. Shipley award for his contributions to the industryand service to the organization. The third-generation owner and president of Newton'sJewelers has been a member of AGS for 25 years, and has served on its board ofdirectors since 2010. He has been a chair of the organization's membershipcommittee...Read More
RAPAPORT... New Art Cima will become the first Japanese retailer to usethe Sarine Diamond Journey software to sell jewelry to its customers. The platform presents a report of all the steps a diamondtakes from its rough origin to the polished product. It also comes with a three-dimensionalmodel of the original uncut stone that a customer can see and touch, Sarinesaid this week. "Each diamond...Read More
RAPAPORT... Diamond production at Rio Tinto dropped 18% year on year inthe first quarter of 2019, as the miner recovered lower-grade ore at its twodeposits. Production came to 3.8 million carats for the three monthsending March 31, the company said Tuesday. The Argyle mine in Australia yielded2.8 million carats, a 22% decrease compared to the same period last year. Thedecline was due to the p...Read More