By: Gary TanashianOkay, now I am getting geeked out. One of the most fun and rare times in what I do is when something big happens that I feel in my gut means something, but about which I am not able to come forth with a ready explanation of the meaning (without sounding like a know-it-all blowhard). It's time to put the thinking cap on and to reference my wealth of experience (that's another w...Read More
By: IRA EPSTEINGold in a down thrust, but not bearish. Gold remains above the 100-DMA, resistance at $1307.60 level. Momentum is down, bias down but not trend down:Read More
Trend for gold and silver is down at the moment. Demand in Asia will be the key. Look for short covering in gold and silver as the quarter comes to a close. Crude oil is fundamentally bearish. I expect lower demand in Asia in the upcoming quarter. Copper will volatile. 5 reasons why did gold and silver fell this week?1. US dollar gains as it acted as safe haven in currency markets.2....Read More
Mount Vesuvius, possibly the world's best known volcano has erupted at least three dozen times since 79 A.D. (Oregon State University : Volcano World) [1]Lava lies inside dormant yet festering under a seemingly unmoving platform until often without warning, when optimal conditions present themselves, it spews up with a mighty force making its' presence known. The lava creates a random path like...Read More
The Accredited Gemologists Association announced the presenters of its AGA Las Vegas Conference that will take place on Friday, May 31, 2019 at the Westin Las Vegas. A regular at AGA conferences, GIA's Shane McClure will be talking about "Detecting Heat Treatment Levels in Corundum." McClure, a recipient of the Antonio C. Bonanno Award for Excellence in Gemology (2007), will tel...Read More
Firestone Diamonds announced its interim results of its Liqhobong mine for the six months ended 31 December 2018. The company recovered 465, 680 carats, among which was the mine's largest diamond found to date, a 326-carat light yellow makeable stone. The aerage value per carat realized was $71, somewhat lower than in the parallel period in 2018. The lower price per carat is the result...Read More
London-listed Petra Diamonds has recovered a 425.10 ct D-colour Type II gem-quality diamond at its Cullinan mine, in South Africa."The recovery further demonstrates the prevalence of these types of stones in the Cullinan orebody, as well as the ability of the mine's plant to recover the full spectrum of diamonds," the company said in a statement on Friday.AdvertisementIt expects the...Read More
In an interview with Mining Review Africa. Bruce Cleaver, CEO of De Beers Group, reiterated the company's focus on its African portfolio. "Mining in Africa is at the core of our business, just as it always has been, and just as it will be in future. While Venetia is currently our only mine in South Africa, it is one of the world's only Tier 1 assets. With our US$2 billion investment t...Read More
Baselworld closed its doors on Wednesday, March 26. Michel Loris-Melikoff, Managing Director of Baselworld, concluded the show's closing press conference saying: "Baselworld 2019 is now history, and we look forward to 2020." Noting that 2019 was a year of transition for Baselworld, Melikoff reported that 520 brands had exhibited at Baselworld 2019. This year's show was attended by 81,...Read More
The low price environment in which the Renard diamond mine began its operations two years ago is continuing to affect the company operating the Quebec-based mine, with Stornoway Diamonds ending 2018 in the red.The listed diamond miner on Thursday reported a net loss of C$329.4-million, or C$0.39 a share, on lower revenue of C$165.5-million. This compares with a net loss of C$144.22-million in 2017...Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsThe company aims to leverage the "structural investments" it is making via the New Mine Level project that will start operation in 2023 to ensure the mine has decades more life while maintaining current production levels. A new round of investments is being studied to both increase production...Read More
Positive headlines regarding continuing US-China trade talks have fueled a recovery in global risk sentiment so far on Friday March 29, subsequently providing support to three-month base metals prices on the London Metal Exchange. Nickel and zinc led the complex higher, both up by 0.8%, while copper followed close behind with a gain of 0.7%. Lead, tin and aluminium saw more moderate increases...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points in pre-opening trade. Index futures responded to U.S. government comments that trade negotiations with China are "going well". The Shanghai Composite Index jumped 3.2%.Index futures were virtually unchanged following release of February Personal Income at 8:30 AM EDT. Consensus for February Personal Income wa...Read More
I have always been a collector of things.When I was younger, I focused on coins ... comic books ... action figures ... baseball cards ... and all the other typical stuff 10-year-old boys like.Since then, I've gotten into guitars, surfboards, vintage skateboards, wine, and even rare sneakers.I've made money on just about every one of those things over the years while having fun along the way.And wh...Read More
Just a few months after finishing a nine-hole, 1,600-metre drill program at its Gumsberg zinc-silver-lead project in Sweden, Boreal Metals (TSXV: BMX) has begun drilling the project again.The campaign, which began in mid-March, will see Boreal drill an additional 1,500 metres at the volcanogenic massive sulphide project (VMS) to test a variety of shallow targets. Though the company has eight base...Read More
Alexco Resource has tabled a prefeasibility study (PFS) for its wholly owned Keno Hills silver project, in Yukon, that assigns the project a $101.3-million after-tax net present value at a 5% discount-rate, and a 74% after-tax internal rate of return (IRR).It assumes a life-of-mine US$17.90 per oz. silver price.Alexco expects the underground operation would process 154,000 tonnes per year over an...Read More
The sale of a 0.5% net smelter return royalty on Monarch Gold's (TSX: MQR; US-OTC: MRQRF) Pandora property to Agnico Eagle Mines (TSX: AEM; NYSE: AEM) monetizes a non-core asset, and reduces the cost of acquiring the McKenzie Break and Swanson properties by $800,000, the junior says.The Pandora royalty was part of the assets that Monarch acquired from Richmont Mines in October 2017, along with the...Read More
The Peter Schiff Show Podcast - Episode 455Recorded March 29, 2019VISIT PETER AT THE LAS VEGAS MONEY SHOWMay 13 - 15, 2019A Gift from the Federal Reserve - The Dow Jones closed out its best quarter since 1998 with a 211 point gain: 25,928.68 was the close. The Dow, on the quarter up 10.3% - the broader averages doing even better. The S&P 500 rose 12.3% on the quarter. The Russell 2000 - 13.8%,...Read More
Theresa May's withdrawal agreement has been rejected for the third time leading to suggestions that another referendum is the only solution to the Brexit deadlock.But commentators have warned a second vote could unleash so-called populist forces that could divide the UK even further.Alastair Campbell, former advisor to Tony Blair, and Conservative MP Robert Halfon, discuss how Britain's Brexit sta...Read More
#MAGA #BrandonTatum #BuildTheWall Brandon Tatum Calls Out Politicians Over The Southern Border Wall in a heated exchange on Fox News??", Support The Stream ??",https://venmo.com/Brandon-Tatum-7https://www.paypal.me/Tatumboi34https://www.patreon.com/brandontatum-?-? Connect With Me ?-?INSTAGRAMhttps://www.instagram.com/theofficert...TWITTERhttps://twitter.com/theofficertatumFACEBOOKhttps://www.face...Read More