By: Ira EpsteinGold technical price update - GDX showing weakness, a key reversal:Read More
By Avi GilburtIf you have followed us since December 2018, then you know we were expecting a major bottom in the cryptocurrency market, and expecting 2019 to be very bullish. In February we wrote an article suggesting an imminent wave two bottom, which proved correct, holding support by $10 on some exchanges.We suggested then that a third wave would commence, thrusting Bitcoin prices much higher...Read More
Bitcoin's impressive rise from the dead has hit 11,467 today, exactly two-tenths of a percentage point from the 11492 target I sent out to Rick's Picks subscribers a few weeks ago. There is further potential to 19,850 if certain conditions are met. Let me show you what to look for.Read More
- Stefan GleasonThe War on Cash isn't a conspiracy theory. It's an open agenda. It's being driven by an alignment of interests among bankers, central bankers, politicians, and Silicon Valley moguls who stand to benefit from an all-digital economy.Last week, Facebook - in partnership with major banks, payment processors, and e-commerce companies - launched a digital currency called Libra. Unlik...Read More
Combine a chaotic, easy-money world with silver's relative cheapness and the result is a nice set-up...by John Rubino of Dollar CollapseIt's been a pretty good couple of months for precious metals, but more so for gold than silver. Both are up but gold is up more, and the imbalance that this creates might be one of the major investment themes of the next few years.The gold/silver ratio - that is,...Read More
The Wheeler River camp where Denison is advancing the mine toward production as early as 2022. (Image: Denison Mines)SASKATCHEWAN - Toronto-based Denison Mines Corp. is testing in situ recovery at the Wheeler River uranium project this summer. The ISR tests will help determine the viability of using it for commercial production at Wheeler River, which would be the first uranium mine in Canada to...Read More
Shares of Energy Fuels (TSX: EFR) and Ur-Energy (TSX: URE) moved higher on a report from Bloomberg that the U.S. Department of Commerce is recommending that Washington take measures to protect domestic uranium production.The June 20 article, quoting three anonymous sources briefed on the matter, said the commerce department believes that the U.S. reliance on uranium imports poses a national se...Read More
NEVADA - Blackrock Gold announced that, together with its namesake U.S. subsidiary, it has entered into a purchase agreement for 20 mining claims directly adjacent to its Silver Cloud project in Elko County.Silver Cloud is a 4,537-hectare claim block located near the confluence of the Carlin Trend and the Northern Nevada Rift within the north-central part of the Silver State.In a press release,...Read More
June 26, 2019NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESToronto, Canada (June 26, 2019) - Mega Uranium Ltd. (MGA: TSX) announces that it has sold its royalty on the Langer Heinrich uranium project in Namibia (the "Royalty") to Uranium Royalty Corp. ("URC") for $1,625,000, following the exercise by URC of its option on the Royalty. URC iss...Read More
RAPAPORT... The price millennials are willing to pay for an engagement ring has remained stable over the past three years, even as they become more flexible in their stone choices, research shows. The average price couples spent on engagement rings in 2018 was$5,000, the same amount they shelled out in 2017 and 2016, data fromWeddingWire shows. The wedding-services marketplace surveys approxi...Read More
RAPAPORT... Tara Jewels LLC and parent company Tara Jewels Holdings havefiled for bankruptcy, each listingbetween $10 million and $50 million in outstanding liabilities. Wholesaler Tara Jewels LLC currently claims to have between$500,000 and $1 million in assets, according to the June 21 Chapter 11 filing in the Southern District of New York. Theparent company reported up to $50,000 in assets...Read More
RAPAPORT... Mark Cohen, the co-owner and designer at wholesale jewelrybrand J.J. Marco, passed away on May 27 at the age of 63. Cohen and his wife, Julianne Jaffe, founded the company in1990. They ran it for 15 years as a jewelry wholesaler, supplying to clients suchas Neiman Marcus, Saks Fifth Avenue, and the Metropolitan Museum of Art. Thepair opened a retail location on New York's Madison...Read More
The New York Daily News (NYDN) reported earlier this week that Joshua Niamehr, the owner of the online jewelry website Enchanted Diamond filed for bankruptcy this month. Just prior to the filing, NYDN had questioned the company about accusations of fraud. NYDN described Niamehr as a Midtown diamond dealer who had allegedly scammed customers out of thousands of dollars in unfulfilled orders,...Read More
RAPAPORT... Rough exports from Belgium dropped 37% year on year to $741.5million in May, reflecting continued weakness in the sector. Rough imports fell16%, according to data from the Antwerp World Diamond Centre. The polishedtrade was more stable, with imports climbing 6% during the month. Polishedexports were flat, as the average price rose to the highest level on record forthe country, offsetti...Read More
Royal Asscher, the Amsterdam, Netherlands-based diamond firm, is celebrating its 165th anniversary with the introduction of two new, patented cuts: the Royal Asscher Oval Cut and the Royal Asscher Cushion Cut.The new cuts are part of the company's long tradition of audacity and innovation in diamond cutting and polishing. In 1908, Joseph Asscher cleaved the famous Cullinan diamond, a story th...Read More
As the 2019 Intersessional Meeting of the Kimberley Process (KP) wrapped up on June 21 in the Indian city of Mumbai, WDC President Stephane Fischler expressed confidence that progress has been made in the effort to reach consensus on the review and reform of the Kimberley Process Certification Scheme (KPCS). He called on participants to agree on the measures necessary for strengthening the KPCS�...Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumLegal & General head of commodity research Nick Stansbury said market responses to global anthropogenic climate change and attempts by policy makers and industry to curb any warming should ultimately result in higher demand for the red metal."The world is waking up to the fact that it cannot continue to bear the...Read More
Greenland shines brightly in the rare earth spotlightSPONSOREDgreenland mineralsBlack Rock readies for race to graphite productionSPONSOREDblack rock miningE25 powering towards Butcherbird PFSSPONSOREDelement 25Finally, a changed mining tech M&A landscapeSPONSOREDatricoIvanhoe said the combined proceeds of US$514 million (C$679 million) from the CITIC and Zijin Mining investments positioned it...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points in pre-opening trade. Index futures responded to news that trade negotiation between China and the U.S. are continuing. Tariffs on Chinese goods have been delayed.Index futures were slightly lower following release of the May Durable Goods Orders report at 8:30 AM EDT. Consensus was a drop of 0.1% versus an up...Read More
Do you have trouble falling asleep at night?Would you like to be able to fall asleep at the drop of a hat?Today I'm going to show you how you can fall asleep anywhere, anytime, in less than 2 minutes using a simple 2-step program.This program was designed for U.S. military fighter pilots during WWII. Believe it or not, the man who developed this program was an American track and field coach who is...Read More