Traders will prefer to be long gold than short gold. I was hoping that sense will prevail in Trump and that a trade deal would be done with China on the weekend. Trump tweets suggest that he has refused to budge and will not budge for the rest of the his term which ends in January 2021. It is very difficult to predict the real long term impact of the US-China trade on China and rest of the wor...Read More
Mr. Maximilian Sali reportsBARRIAN MINING CORP. PROVIDES UPDATE ON BOLO WORK PROGRAMBarrian Mining Corp. has provided an operational update at its flagship Bolo gold property in Nevada.Barrian has recently completed its induced polarization and resistivity (IP/res) survey at Bolo. The survey comprises a total of approximately 11 line kilometres over nine lines targeting the mine fault and other mi...Read More
SD Outlook: The near-term sure does look bearish for gold & silver heading into the week, which is exactly the reason it's called an "upside surprise"... The dog-n-pony show that is the trade war will need to share the stage this week.With what?The Fed playing make-believe with the "markets":Monday and Tuesday are just the warm-ups.In preparation for the Kashkari Soliloquy, followed by the Friday...Read More
RAPAPORT... Cartier and Van Cleef & Arpels have filed a lawsuitagainst a Florida jeweler, claiming willful infringement on a number of theluxury jewelers' famous trademarked collections. Scott King, registered for business as Florida Diamond Brokers andKing Jewelers, allegedly sold imitations of jewelry belonging to theRichemont-owned divisions, the May 6 suit, filed in the US District Co...Read More
RAPAPORT... Sales at Alrosa fell 21% year on year to $318.7 million inApril amid a continued slowdown in the Indian manufacturing sector. Rough-diamond sales dropped 20% to $315.8 million for themonth, while polished revenue plummeted 68% to $2.9 million. "In the first months of 2019, the global diamond market saw somewhat weaker demand from cutters and polishers due to both diamond-stocknorm...Read More
RAPAPORT... Watches of Switzerland will proceed with an initial publicoffering (IPO) on the London Stock Exchange in an effort to reduce its debt and support growth.The UK-based luxury-watch retailer plans to raise approximately GBP 155million ($201.6 million) by selling new and existing company shares, it said last week. It will use those funds to pay offits current GBP 120 million ($150.1 m...Read More
The online publication FirstPost reported earlier this month that India's Central Bureau of Investigation (CBI) had registered "a fresh case against absconding diamantaire Jatin Mehta, Winsome Diamonds and Jewellery and a Jordanian Hathyam Salman Ali Obaidah for allegedly cheating Bank of India for Rs 82.55 crore [approx. $12 million]." During the past years, CBI filed at least six...Read More
The Second Standing Committee of Macau's Legislative Assembly has begun discussing the proposed law for the Kimberley Process Certification Scheme (KPCS) to come in effect in the city as of October of this year. To make the October deadline, the KPCS law will need to be ratified by the Legislative Assembly before August 15, before it adjourns for a long recess, the president of the Commi...Read More
Leo Schachter (1924), a prominent diamantaire and founder and owner of Leo Schachter Diamonds, passed away on May 11, 2019. He established Leo Schachter Diamonds in New York in 1952. The company became a global leader in the midstream, from diamond manufacturing to jewelry setting. The Israeli branch of the firm belonged to the country's top exporters since the early 1980s. As second generat...Read More
Junior miner Lucara Diamond Corp reported its results for the quarter ended March 31, 2019. The company said that with respect to all mining and processing activities it recorded the best quarter in the Karowe mine's history. It recovered 132,336 carats, achieving a recovered grade of 15.9 carats per hundred tons processed. Among these were a 240-carat top white gem and a 223-carat high white...Read 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 consultingForum's first drill hole at the project la...Read More
U.S. equity index futures moved lower this morning. S&P 500 futures were down 55 points in pre-opening trade. Index futures responded to a stalemate on trade between the U.S. and China. The Shanghai Composite lost another 1.21% to 2903.71.Crude oil gained $0.78 to $62.44 after two Saudi oil tankers were attacked near the Strait of Hormuz.Prudential Financial (PRU $101.27) is expected to open l...Read More
Where to live is one of the biggest decisions retirees face. Should you keep the family home? Downsize to a smaller property? Or, rid yourself of homeownership altogether and rent? By the time many of us retire we've become so accustomed to owning a home that the idea of renting might never cross our mind. Since 1990, however, homeownership has declined among 55-64 year-olds, and experts expect th...Read More
The following is a release by London-based consultancy Metals Focus upon the publication of "Platinum & Palladium Focus 2019," its flagship annual report on the platinum group metals (PGM) market, which features comprehensive historical supply and demand statistics for 2010-2018, and a detailed 2019 forecast. For more information and to purchase a copy, visit www.metalsfocus.com.Palladium is forec...Read More
Victoria Gold Corp. is well on its way to pouring its first bar of gold this September at the Eagle Gold Mine at Dublin Gulch, in Central Yukon.Located in the heart of the Yukon, about 85 kilometers north north-east of Mayo, the Eagle Gold Mine is expected to produce an average of approximately 200,000 ounces of gold per annum over a 10-year mine life at all-in sustaining costs of less than US$750...Read 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 consultingIf BHP does declare its intent to convert...Read More
The Peter Schiff Show Podcast - Episode 467Recorded May 13, 2019VISIT PETER AT THE LAS VEGAS MONEY SHOWMay 13 - 15, 2019https://conferences.moneyshow.com/mon...As Noted on My Last Podcast... - As I suspected on Friday's podcast, the 400-point reversal that saw the Dow move from down 300 points + to up 100 points on the close was in fact, reversed today, and the Dow Jones actually closed below the...Read More
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An interview with Shawn Mendes behind-the-scenes of the latest #MYCALVINS CALVIN KLEIN campaign.Read More