Recently, we warned that Natural Gas may set up another opportunity for traders to buy into a support zone below $2.70 with a selling range near or above $3.00.  Our upside target zone is between $3.25 and $3.45.  The price of Natural Gas has recently fallen below $2.69 and we believe this could be the start of a setup for skilled traders to identify key buying opportunity in preparation...Read More

A Perfect Storm ishitting the Gold market, with an internal factor (QE), an external factor (SGE),and a systemic factor (Basel). All three forces are positive in releasing Gold from the corruptclutches of the Anglo-American banker organization. The East has an all-out blitz to ditch the USDollar and to adopt the Gold Standard in its early form, namely trade payment.In the last ten years since the...Read More

By: Dave KranzlerGold was smacked $22 from top to bottom overnight and this morning. It was a classic paper derivative raid on the gold price, which was implemented after the large physical gold buyers in the eastern hemisphere had closed shop for the day. This is what it looks like visually:As you can see, as each key physical gold trading/delivery market closes, the price of gold is taken...Read More

By: IRA EPSTEINGold at a very critical area, overbought and momentum pointing lower -- $1287-1289 area support...Read More

The Euro has been on a roller coaster ride over the past several years. The direction has been mostly lower but the Euro is trying to firm up here. And the bulls desperately need to see some upside traction!In today's chart, we highlight two look alike patterns: the Euro in the 1990's and the Euro in the 2000's.As you can see, in the 1990's the Euro formed a pennant pattern, breaking down through...Read More

Drilling at the Rook I uranium project in the Athabasca Basin. (Image: NexGen Energy)SASKATCHEWAN - Vancouver-based NexGen Energy has been busy with feasibility stage drilling at its 100% owned Rook I property in the Athabasca Basin.In the A2 sub-zone, the emphasis is on converting indicated to measured resources. Nineteen closely spaced drill holes (9.0 to 16.7 metres) successfully intersected th...Read More

RAPAPORT... Eurostar Diamond Traders, one of the biggest names in theAntwerp industry, has entered bankruptcy following a legal battle with itsbanks. The Antwerp Corporate Court ruled Thursday in favor of thatoutcome. Eurostar plans to appeal the decision, according to the company'schairman and founder, Kaushik Mehta. "For Kaushik Mehta and Eurostar, this is a verydisappointing day, which he...Read More

RAPAPORT... The Gemological Institute of America (GIA) is rolling out a new grading report that will highlight the country from which a diamond was recovered. The company will issue the Diamond Origin Report for stones that were submitted to the lab for analysis in rough form and again as a polished stone, so that it can match the two and confirm the country of origin. "In recent years, there has...Read More

Sentiment weakens after soft first quarter. Dealers avoiding large inventorypurchases, and manufacturers reducing supply. Miners bracing for tough year as first-quartersales decline an estimated 30%. Rough market under pressure, with some analystsoptimistically predicting flat rough prices in 2019. Sightholders hoping profitmargins will improve after next week's sight. Baselworld announces price c...Read More

Domestic market slow, with fewer overseas dealers inMumbai. Buyers pushing for deeper discounts on diamonds below 0.50 ct. andabove 3 ct. Good US and Chinese demand for nice SIs. Liquidity tight as dealerssettle accounts ahead of March 31 financial year-end. Manufacturers maintaininglow polished production, after reduced first-quarter rough purchases. RoundRead More

RAPAPORT... Christie's will offer a historic tiara belonging to PrincessAlexandra of Hanover and Cumberland at its Geneva Magnificent Jewels sale inMay. The headpiece, which Faberg?(C) made in 1904, was commissionedby Frederick Francis IV, the grand duke of Mecklenburg-Schwerin, as a weddinggift for his bride. The grand duke chose Faberg?(C) on the encouragement of hismother, Grand Duchess An...Read More

RAPAPORT... Rough-diamond prices will remain sluggish this year as themarket challenges that arose in the second half of last year are set to continue,two investment banks have warned.Prices are likely to drop 1% to 2% in the first half of2019, before recovering to end the year flat, analyst Kieron Hodgson atLondon-based Panmure Gordon said this week. Prices rose 2% last year due to astrong first...Read More

RAPAPORT... The 13th episode of the Rapaport Diamond Podcast reflects onlast week's arrest of Nirav Modi in central London, as well as other key recentstories in the industry.The Rapaport editorial team assesses the impact of the $2billion bank fraud in which the Indian jeweler allegedly participated, and whatto expect next in the high-profile case. We also analyze mixed 2018 earnings from Tiffany...Read More

Since establishing a footprint in Botswana in 1991 to cater to the siteaccommodation needs of mines, modular building supplier Speedspace Botswana hasexpanded its operations by opening a new satellite branch in Letlhakane, in northern Botswana. Operations at the new branch, which Speedspace Botswana country manager Kyle Wasserfall says is “ideally situated within 15 km to 20 km of four diamo...Read More

Stability and policy and regulatory certainty, as well as the rebuilding of trust, have been the key themes in Mineral Resources Minister Gwede Mantashe’s first year in office.When, on February 27, 2018, he took the reins of a government department that oversees one of the most difficult and fragmented industries in South Africa, Mantashe, a former mineworker and union leader, found an indus...Read More

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsThose numbers are generated using a long term copper price of US$3.08 per pound and an 8% discount rate.Read More

London Metal Exchange three-month base metals prices continue to produce sluggish price action, down 0.2% on average in the morning of Thursday March 28. Copper bucked the trend with a mild gain of 0.1% while aluminium was unchanged at $1,903 per tonne. But LME zinc and lead prices were down 0.1% while nickel and tin were down 0.5%. Trading volume was fairly subdued at 4,325 lots as of 6:48am Lond...Read More

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipSocial opposition remains key industry hurdle in ColombiaSPONSOREDverisk maplecroftGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpThe company said the results from SES003 had not been analysed until now "due to its general...Read More

U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for Weekly Jobless Claims was an increase to 225,000 from downwardly revised 216,000 last week. Actual was 211,000. Consensus for next estimate of fourth quarter real GDP was a fall to 2.4% fr...Read More

If wealthy people have the same 24 hours in a day, and work just as hard as others, how do they acquire such incredible wealth?This was the question George Samuel Clason set out to answer in his timeless classic The Richest Man in Babylon. Since 1926, Clason's book has sold more than 2 million copies and has been translated in 26 different languages. Set in ancient Babylon, supposedly the wealthie...Read More