Today I would like to update some ratio combo charts which may give us a sense of the bigger picture. Its like putting the pieces of a puzzle together where the small pieces don’t look like much by themselves but when they’re all added together it paints a clear picture. These ratio combo charts are just a piece of the puzzle that may add some clarity to some of the individual sectors....Read More
* Mp3 formatHighlightsLouis Navellier of Navellier & Associates returns with comments the booming domestic economic conditions. Our guest notes the 50 year low in the national unemployment rate. The Navellier Tactical ETF ranked #2 in Morningstar's service and topped the list for 3 consecutive years. Our guest outlines what he views as a conspiracy within the market: read Robo-Sharks...Read More
By: RambusTonight I would like to update some ratio combo charts which may give us a sense of the bigger picture. Its like putting the pieces of a puzzle together where the small pieces don't look like much by themselves but when they're all added together it paints a clear picture. These ratio combo charts are just a piece of the puzzle that may add some clarity to some of the individual sector...Read More
By: Thorsten PolleitSince the latest the crisis in 2008/2009, central banks around the world have been doing their best to expel risks from financial markets. By lowering interest rates, fixing them at extremely low levels, or issuing more credit and money, monetary policymakers make sure that ailing borrowers are kept afloat. In fact, central banks have put a "safety net" under the economies an...Read More
By: Ira EpsteinGold in an uptrend:Read More
Today's chart shows ponderous supply sitting on the Nasdaq 100. The two smaller peaks to the left were made significant by the size of the decline that followed them. They harbor many investors who undoubtedly are eager to exit now that the broad averages have returned to those record levels. There is a further impediment in the form of the head-and-shoulderish formation at the righthand edge of...Read More
The market "wizard" and influential trader turned crypto pumper has just declared silver dead. The riggers MUST BE DESPERATE for physical. Here's why...Yes.Oh my.Connectin' dots.An all-out freakin' assault!A scramble to get real physical.It's too obvious now, just connect the dots.We know the cartel must be low on physical gold.The desperation really picked up a couple of years ago when the cartel...Read More
Silver Miners (SIL) have lost over 50% since the highs back in 2016. Is this large of a decline enough to present a buying opportunity?No doubt the multi-year trend for SIL remains down at this time. The long-term decline and the decline over the past few months has it testing last years lows again at (1).While testing the lows it finds itself at the apex of a falling wedge pattern at (1). Is a "...Read More
TORONTO - Horizons ETFs Management (Canada) is pleased to announce the launch of the Horizons Global Uranium Index ETF. Units of the ETF will begin trading today on the Toronto Stock Exchange under the ticker symbol HURA.Cameco's McArthur River Mine. Courtesy of Cameco.HURA is the first ETF in Canada to provide direct exposure to the global uranium sector - a universe of companies with a combine...Read More
Rising expectations for Las Vegas shows. Good demand for0.70 to 1.99 ct., G-J, VS-SI, RapSpec A3+. Other categories weak. Large-stonedealers cautious amid high-end slowdown. Christie's Geneva garners $62M (87% bylot) as cushion, 118.05 ct., fancy yellow, VS2 diamond sells for $7.1M ($60,000/ct.). Sotheby's Geneva fetches $42M(77% by lot) with 36.57 ct., D, FL going for $5M ($137,036/ct.). Rough pr...Read More
Cautious mood amidrumors more businesses closing. Dealer trading quiet with many extendingtheir summer vacation due to slow orders. US and Israeli buyers in Mumbailooking for bargains before Las Vegas shows. Liquidity tight and cuttersreducing production. Rough market stable, but manufacturing profit marginstight. Jewelers concentrating on gold rather than diamonds. RoundRead More
RAPAPORT... A diamond bought in memory of late diamantaire Sam Abram sold for more than double its high estimate at Christie's Geneva auction Wednesday. The cushion brilliant-cut, 118.05-carat, fancy-yellow,VS2-clarity stone fetched $7.1 million, or $60,000 per carat, at theMagnificent Jewels auction. The diamond, whichwas estimated at $2.5 million to $3.5 million, was purchased by Siba Corp....Read More
RAPAPORT... The diamond industry lost one of its most colorful characters when Sam Abram died last week at the age of 78. Often referred to as "King of the Blues," Abram, a prominent buyer on the Sotheby's-Christie's auction circuit, was considered a pioneer in the colored-diamond market. He enjoyed an illustrious career in the diamond and gemstone trade, family members recalled."Sam was a ce...Read More
RAPAPORT... De Beers will increase production at Debmarine Namibia by 500,000 carats per year through the construction of a new diamond-recovery vessel, it said Thursday. The ship, the seventh in De Beers' fleet, will increase annual output from the country by 35%, and will cost $468 million to build. AngloAmerican, the miner's parent company, will contribute $234 million, and theNamibian gov...Read More
PERTH (miningweekly.com) – A 130 ct gem quality diamond has been recovered from the Lulo diamond project, in Angola, owner Lucapa Diamond Company reported on Thursday.The diamond is the thirteenth stone of more than 100 ct to be recovered to date, and the second so far in 2019, Lucapa told shareholders.AdvertisementThe new 130 ct stone adds to the current inventory of high-value large Specia...Read More
A diamond mining company has filed a R29.9-billion claim against President Cyril Ramaphosa and his government as a near three-decade-long dispute over expropriated diamond mining rights in Lesotho reaches South African courts again.Josias van Zyl, MD of Swissbourgh Diamond Mining, is arguing that South Africa is liable to pay him damages for, among other reasons, its "unconstitutional" a...Read More
Debmarine Namibia, a joint venture between diamond miner De Beers and the Namibian government, has approved the construction of a new custom-built diamond recovery vessel, which will become the seventh such vessel in Debmarine’s fleet.The vessel, which will be built at a cost of $468-million, will start production in 2022 and is expected to add about 500 000 ct/y of production capacity to De...Read More
Altech ticks boxes on path to production SPONSOREDaltech chemicalsDepartment of Interior assistant secretary for land and mineral management, Joe Balash announced the renewal following a 41-day public review and comment period stating, "mining on public landsRead More
White Gold Corp a force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corpQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumAltech ticks boxes on path to production SPONSOREDaltech chemicals"It's not regulation that fails, it's [the industry] as engineers and operators"SPONSOREDsrk consultingNet profit for 2018 was US$16.3 million, u...Read More
Look beyond market approach to project valuations: van ZylLeadershipWhite Gold Corp a force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corpQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumAltech ticks boxes on path to production SPONSOREDaltech chemicalsIt said following China's CITIC Metal last month investing a further US$454 million in the comp...Read More