Recent News

Mining the 'Sweat of the Sun' in Nevada

June 20, 2019 / www.theaureport.com

As the gold mining majors increasingly focus on Nevada deposits, they have taken notice of a small-cap explorer with prime properties. For billions of years, exploding neutron stars have been mass-producing cascades of the proton-heavy atom that we humans called gold or, chemically, AU. Stardust-blasted meteoroids regularly transport "the sweat of the sun" across light years. Speeding space rock...Read More

US Dollar vs Gold Trend Analysis - Video / Commodities / Gold & Silver 2019

June 20, 2019 / www.marketoracle.co.uk

This is my fourth video in this series that concludes in a detailed trend forecast for the Gold Price into September 2019. Current StateTrend Analysis, MACD, Trend ChannelsSupport / ResistanceSeasonal AnalysisUS Dollar / GoldGold Price Trend Forecast ConclusionGold StocksThe rest of this analysis has first been made available to Patrons who support my work: Gold Price Trend Forecast Summer 2019So...Read More

Silver Medium-Term Trend Analysis / Commodities / Gold & Silver 2019

June 20, 2019 / www.marketoracle.co.uk

The medium-term chart shows early signs of Silver changing trend by attempting to end it's multi-year downtrend by making a higher high of $16.20 and higher low of $14,27. A break above $16.20 would lift Silver into a new trading range of $18 and $16.20. Which if it happens will mean we won't revisit the $14.00 area for some time. So with Silver currently trading at $14.74 then time may be running...Read More

Gold Mining Stocks Waiting on This Chart / Commodities / Gold and Silver Stocks 2019

June 20, 2019 / www.marketoracle.co.uk

It’s not a chart of nominal HUI with upside technical targets. We’ll do that in NFTRH this weekend, along with the usual individual miners. Rather, it’s a companion to other charts we’ve been reviewing over the last several months showing the under valuation of the gold stock sector relative to gold’s performance vs. cyclical assets/markets. For example, gold has rise...Read More

A Key Gold Bull Market Signal / Commodities / Gold & Silver 2019

June 20, 2019 / www.marketoracle.co.uk

The gold market is looking a lot like itdid early in the millennium, at the start of the bull market. It is setting upfor a gold bull market that is likely to be way more intense than the previousone, due to the structural weaknesses incurred by the monetary system sincethen.Debt levels, for example, have grownsignificantly since the early 2000s. US Goverment debts (Federal debt) as apercentage of...Read More

Free Lunch

June 20, 2019 / news.goldseek.com

- Gary ChristensonMost of us understand "there's no free lunch." Someone must pay for the products and services we use. The acronym is TANSTAAFL, or "There Ain't No Such Thing As A Free Lunch." The saying has been around for decades, even prior to Robert Heinlein's "The Moon is A Harsh Mistress."Our morning coffee is an example. Coffee beans were planted, grown, harvested, roasted, transported...Read More

Gold Miners Waiting on This Chart

June 20, 2019 / news.goldseek.com

-Gary TanashianIt's not a chart of nominal HUI with upside technical targets. We'll do that in NFTRH this weekend, along with the usual individual miners. Rather, it's a companion to other charts we've been reviewing over the last several months showing the under valuation of the gold stock sector relative to gold's performance vs. cyclical assets/markets. For example, gold has risen strongl...Read More

A Key Gold Bull Market Signal

June 20, 2019 / news.goldseek.com

- Hubert MoolmanThe gold market is looking a lot like it did early in the millennium, at the start of the bull market. It is setting up for a gold bull market that is likely to be way more intense than the previous one, due to the structural weaknesses incurred by the monetary system since then.Debt levels, for example, have grown significantly since the early 2000s. US Government debts (Federal...Read More

Finally... Gold Breaks out Through Key 5-year Resistance Level

June 20, 2019 / news.goldseek.com

- Steve St. Angelo, SRSrocco Report After five long years, the gold price has finally broken through a key resistance level and is now heading towards $1,400. When the Fed announced possible rate cuts starting in July, after the market closed, the gold price shot up and continued higher during Asian trading. If gold closes above $1,400 by the end of the month, it could be setting the stag...Read More

Gold breakout: the second phase of the bull is underway (video update)

June 20, 2019 / news.goldseek.com

- Gary SavagePost FOMC update:Read More

Silver; Multi-Year Bull Market Getting Started?

June 20, 2019 / kimblechartingsolutions.com

Is a multi-year bull market about to start in Silver? We should find out soon!This chart looks at Silver since the early 1970s. It has spent the majority of the past 35-years inside of rising channel (1).It created a series of flat bottoms and lower highs in the late 1990s. When it broke out at (2), it rallied for years to come, where it gained several hundred percent.Silver hit the top of this ch...Read More

Rapaport Weekly Market Comment

June 20, 2019 / www.diamonds.net

Sentiment weak as polished prices continue tosoften. Hong Kong fair opens with hope for better trading than Las Vegas shows.Outlook for Chinese local demand improves as luxury consumers shift to domesticspending, since weak yuan and trade war have reduced tourist shopping. Jewelersavoiding inventory buildup. Rough market cautious despite reported 4% to8% price cut on small rough during low-value D...Read More

India: Companies Reducing Prices

June 20, 2019 / www.diamonds.net

Polished trading relatively quiet for this time ofthe year. Some companies reducing prices to boost activity and liquidity.Manufacturers cutting their rough intake, as they're maintaining low factoryproduction levels. Few overseas buyers in the market as focus shifts to HongKong for the show. Locals looking for 1 ct. and larger stones, as small sizesremain weak. RoundRead More

Gem Diamonds Offloads Ghaghoo Mine

June 20, 2019 / www.diamonds.net

RAPAPORT... Gem Diamonds has sold its Ghaghoo mine in Botswana for $5.4million, following a two-year search for a buyer. Pro Civil, a Botswana-based company, will acquire the asset, which has been on care and maintenance since March 2017. The company will also take on environmental responsibility for the deposit, Gem Diamonds said Thursday. "This sale is in line with our strategic objective t...Read More

Christie's Breaks Records with $109M Auction

June 20, 2019 / www.diamonds.net

RAPAPORT... Christie's Maharajas & Mughal Magnificence sale broughtin more than $109 million, the highest total for any auction featuring Indianart. The top lot was a Belle ??poque brooch, created by Cartier in 1912, which fetched $10.6 million at the New York auction on Wednesday. The piece features a number of diamonds, including a pearbrilliant-cut, 34.08-carat, E-color, VS1-clari...Read More

TSL Accelerates China Expansion

June 20, 2019 / www.diamonds.net

RAPAPORT... Tse Sui Luen (TSL) will further broaden its Chinese networkover the next few years, as it continues to see solid growth in the country. The Hong Kong-based jewelry retailer will open an additional 100 stores inmainland China in the coming two years, following the launch of 55 new locationsduring the past year, it said Wednesday. The move comes after sales in thecountry accounted f...Read More

Alrosa sells $7.6 million at auction in Dubai

June 20, 2019 / www.idexonline.com

At the event, 126 rough diamonds weighing 2,090 carats were auctioned. The lot included a large stone of 63.8 carats that originates from the deposits of Almazy Anabara JSC. The auction's total sales sum came to $7.6 million. This time, more than 100 companies participated in the auction. Buyers arrived in Dubai from Belgium, Hong Kong, India, Israel, Russia, the United Arab Emirates and the...Read More

Gem Diamonds sells Ghaghoo diamond mine

June 20, 2019 / www.idexonline.com

Gem Diamonds announced it has sold all of its share capital in Gem Diamonds Botswana Proprietary Limited (GDB) to Pro Civil, a company registered in Botswana. GDB's chief is the Ghaghoo diamond mine in Botswana which has been on care and maintenance since March 2017, and which is wholly owned by GDB. GDB reported a loss of US$ 4.9 million in 2018. Its assets were valued at US$ 3.9 million. U...Read More

Bharat Diamond Bourse welcomes GJEPC's diamond sales initiative

June 20, 2019 / www.idexonline.com

The Bharat Diamond Bourse (BDB) in Mumbai issued a statement, welcoming the announcement made by the Gem and Jewellery Export Promotion Council (GJEPC) that the umbrella organization of Indian diamond, gem and jewelry industry and trade would  be holding a separate Buyer-Seller meeting in in parallel to the third edition of the Bharat Diamond Week (BDW) which takes place at the bourse from 14...Read More

Proactive maintenance saves mines reactive costs

June 20, 2019 / www.miningweekly.com

US condition-based monitoring device supplier SpotSee is in the process of obtaining certification in Africa for its Wi-Fi radio, which enables its OpsWatch vibration monitoring system to stream condition-based data to central operations through a Web-hosted platform.The system can detect changes in vibration at an extremely low frequency (one hertz). As a result, SpotSee says, it is better able t...Read More

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