The questions first-time precious metals buyers ask mostoften are "what should I buy?" and "how do I get started?"We have covered these questions many times over the years, but they are worthreconsidering from time to time. The very first rule of precious metalsinvesting is to avoid collectible coins and buy low-premium bullion(non-collectible) products instead. ...Read More
It was a big surprise. The dovish surprise. In March, Powell doubled down on its accommodative stance. Does he know something we are not aware of?We invite you to read our today’s article about the recent Fed’s U-turn and find out whether it will support the gold prices.Three months can make a big difference! In December 2018, the Fed raised the federal funds rate and signaled another...Read More
US Gasoline prices have shot up 15% to 30% or more over the past 4 weeks as the Summer Blend hits the markets and consumers continue to stay shocked at the increase. In California, prices shot up from near $3 per gallon to over $4 a gallon over a 7-day span. Every year, when the Summer Blend of Gasoline hits the markets, we expect a price increase that is associated with this change.&n...Read More
StrengthsThe best performing metal this week was palladium, up 0.24 percent as hedge funds cut bullish positioning to a six-month low, perhaps resetting expectations. Gold traders turned heavily bullish this week after being neutral last week as the Federal Reserve signaled interest rates will be on hold, ac...Read More
Dear Friend of GATA and Gold:Thanks to Zero Hedge for calling attention tonight to the interview of the Zurich-based financial letter The Market with James Grant, editor of Grant's Interest Rate Observer, wherein Grant remarks that the Federal Reserve is manipulating the stock market up and interest rates down. Grant calls the latter rigging "very near to a crime."But as always Grant has nothing...Read More
Investors have thrown caution to the wind as they bid up FAANG stocks to imprudent heights and provide overly generous bids for a few others that face serious jeopardy, including Tesla and Boeing. Even so, the herd evidently had second thoughts about one stock on Friday, pummeling the shares of Netflix when competitor Disney announced a new streaming service that will be bargain priced at $6.99...Read More
How does silver coin & bar demand stack-up to previous years? Here's David with a look into the Silver Survey and a whole lot more...by David Morgan of The Morgan ReportWatch this video titled World Silver Survey 2019 Review, then please share with your friends and family on social media and use the caption World Silver Survey 2019 Review.Market Analysis/Investing/Trading Methods At TheMorganRepor...Read More
Steve St Angelo says it's quite amazing how quickly production can decline at two primary silver miners. Here are the details...by Steve St Angelo of SRSrocco ReportSilver production at the world's largest producer fell significantly in the first quarter of the year. Fresnillo PLC reported a decrease in silver production in Q1 2019 versus the same period last year, due to lower ore grades and r...Read More
When silver, gold, and the precious metals industry were red-hot bullish in the 2000's, investors could do no wrong.You could buy SILVER at just about any price and it would go higher.In today's chart, you can see three large green bullish ascending triangles from the 2000's that lead to big gains. But that was the bull market before the current bear market.The tables have turned since the 2011 pr...Read More
SASKATCHEWAN - Fission Uranium has tabled a prefeasibility study (PFS) for its Patterson Lake South uranium project in Saskatchewan's Athabasca region, outlining an open pit and underground hybrid operation. It's working on a preliminary economic assessment (PEA) level underground only scenario that it says could offer improved economics.The PFS assigns the project a $693 million after tax net pr...Read More
RAPAPORT... Production at Petra Diamonds fell in the third fiscalquarter due to operational challenges at its Finsch mine in South Africa, it said Monday. Output for the three months ending March 31 dropped 7% to924,228 carats. Production at Finsch plunged 30% to 387,370 carats, 55,000carats below the miner's expectation. The majority of the shortfall was due toequipment problems at the depos...Read More
RAPAPORT... Titan Company noted strong growth in the most recent fiscal year, as itlaunched new digital initiatives and collections that were popular with customers. Group sales rose about 21% for the 12 months ending March 31, the Indian retailer said in a trading update published earlier this month, while revenue for the jewelry division increased 22%. Thecompany reported high demand for it...Read More
RAPAPORT... Output at Lucapa Diamond Company's Lulo mine in Angola fellin the first quarter, as it focused on processing ore from lower-grade miningareas. Production declined 25% to 3,369 carats, compared with 4,507carats the previous year, the miner said last week. Sales volume for the periodplummeted 93% to 451 carats. However, sales value rose 12% to $12.1 million, as thecompany sold seven...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.China's influence on global commodity markets is unparalled. It's a matter of scale.China imports more than 60% of domestic demand for oil, gas and iron ore. Its imports of oil, LNG and coal account for around a fifth of glo...Read More
JOHANNESBURG – Tiffany & Co has been expanding its workforce in sub-Saharan Africa – a region of almost one-billion people where the jewellery giant does not have a single store.More than a quarter of the New York-based company’s 1 500 global diamond cutters and polishers are now based in Africa, CEO Alessandro Bogliolo said in an interview in Cape Town. Tiffany has factories...Read More
How to monitor and manage your Tailings Storage FacilitySPONSOREDisometrixQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumCardinal's Namdini Ore Reserve Now 5.1 MozSPONSOREDcardinal resourcesYamana will receive $800 million cash at closing and additional consideration of up to $125 million based on the price of gold over a five-year period, a $100 million payment...Read More
Eastern promise for PolarXSPONSOREDpolarxAmerigo has a unique and distinctive mineral extraction business model that is difficult to find fault with given it counts with a decade's-long supply of raw material at its Minera Valle CentralRead More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Goldman Sachs (GS $207.84) was virtually unchanged after reporting higher than consensus first quarter earnings. The company also raised its dividend. Citigroup added $0.25 to $67.42 after reporting higher than consensus first quarter earnings. Wells Fargo dropped $0.71 to $45.78 after Goldm...Read More
Paying with your debit card might seem like a responsible move. After all, getting in the habit of whipping out your credit card whenever you have to make a purchase might lead to overspending.But from a security standpoint, paying with a credit card is actually the better move.By the end of this year, credit and debit card fraud is expected to reach $33B globally. While a criminal can steal your...Read More
Two graduate students at Colorado School of Mines have received funding from the U.S. Department of Energy to conduct a portion of their thesis research at a national laboratory. Erin Bertelsen and Anna Ryken were among 70 students at 52 universities nationwide selected for the Office of Science Graduate Student Research Program this year, DOE announced April 12. Bertelsen, a PhD candidate in ap...Read More