The DIVA Museum, an institution created with the idea of highlighting the story behind some of the world's most beautiful diamonds, opened today in Antwerp, the capital city of the Flemish province of the same name located in northern Belgium. Antwerp is known for being home to silversmiths, jewellers and diamond dealers since the sixteenth century, and this new 850 m ?- museum tries to showcase h...Read More
The past few months have seen some unusual, maybe even unique, developments in the gold and silver futures markets, with gold becoming extremely bearish and silver almost ridiculously bullish. Neither imbalance has amounted to much in terms of price action, so it's not clear whether the most recent changes matter. Still, the action in both gold and silver futures remains unusual enough to bear wat...Read More
Stocks took a nosedive on Thursday on the opening led by the financial sector, with most of the major indexes breaking below their 200-day moving averages. Stocks rallied late in the day on short covering but were still down for the day.I think some grew nervous and covered short positions on the chance that trade negotiations with China may be going well and that Friday's jobs report will be stro...Read More
Plenty of stupid ideas kill people. But one man’s stupid ideas have killed over a hundred million people.Karl Marx was born 200 years ago today. And despite the utter failure of his communist philosophy in practice, the cult lives on. Still people want to try again… this time they will get it right.Karl Marx and Friedrich Engels originally published The Communist Manifesto in 1848. It...Read More
Plenty of stupid ideas kill people. But one man’s stupid ideas have killed over a hundred million people.Karl Marx was born 200 years ago today. And despite the utter failure of his communist philosophy in practice, the cult lives on. Still people want to try again… this time they will get it right.Karl Marx and Friedrich Engels originally published The Communist Manifesto in 1848. It...Read More
Vangold Mining Corp. (TSXV:VAN) (OTC Pink:VGLDF) ('Vangold' or the 'Company') wishes to address the recent share trading activity at the request of IIROC on behalf of the TSX-Venture Exchange.Read full newsRead More
Developing the Vast Silver Deposits of Latin AmericaRead full newsRead More
CloseGain/LossOn WeekGold $1314.00+$2.60-0.73%Silver$16.50+$0.08-0.12%XAU82.40+0.03%-0.64%HUI181.39+0.04%-0.36%GDM632.56+0.19%-0.25%JSE Gold1115.06-31.19+1.77%USD92.60+0.14+1.19%Euro119.57-0.33-1.41%Yen91.73+0.17-0.02%Oil$69.72+$1.29+2.38%10-Year2.945%-0.001-0.47%Bond143.53125-0.03125+0.24%Dow24262.51+1.39%-0.20%Nasdaq7209.62+1.71%+1.26%S&P2663.42+1.28%-0.24% The Metals: Gold dipped $2.90...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort209,577102,79866,156179,735311,607455,468480,561Change from Prior Reporting Period -16,22713,64011,8024,020-25,908-405-466Traders19586905153288191 Small Speculators LongShortOpen Interest 52,28827,195507,756 1,7511,8121,346 non reportable positionsChange from the previous reporti...Read More
We could be heading for a golden age - or a return to the 1970sBy John Stepek of Money WeekThe cost to the US government of borrowing money for a decade came within sniffing distance of 3% yesterday.The US ten-year Treasury yield is sitting at 2.96% as I write this morning, having got to 2.99% yesterday.Does this really matter? After all, 3% is just another number.On the one hand, you'd be righ...Read More
The U.S. dollar leaped to its highest levels this year against a basket of currencies on Friday despite disappointing U.S. employment data for April, before dropping back to trade little changed.Read full newsRead More
According to the World Gold Council's gold demand report for Q1 2018, global demand for the precious metal fell 7 percent year-on-year.Read full newsRead More
Zelda Therapeutics Ltd (ASX:ZLD) executive chairman Harry Karelis updates Proactive Investors on the company's global operations, following a January dual listing on the OTCQB Venture Market in the United States (OTCQB: ZLDAF)."We have a two-pronged strategy. One is the clinical trials where we know there is some kind of effect, whether that's autism or pain or insomnia, so that's our clinical arm...Read More
Tahoe Resources (TSX: THO, NYSE: TAHO) announced this week the end of a strike carried out by 65 per cent of its workforce at the La Arena gold mine since April 22, 2018.Workers were demanding higher profit-sharing payouts. However, the company has said that it addresses such payouts in accordance with the Peruvian labour law. In a press release, the miner said that, following an agreement with th...Read More
The DIVA Museum, an institution created with the idea of highlighting the story behind some of the world's most beautiful diamonds, opened today in Antwerp, the capital city of the Flemish province of the same name located in northern Belgium. Antwerp is known for being home to silversmiths, jewellers and diamond dealers since the sixteenth century, and this new 850 m ?- museum tries to showcase h...Read More
FTSE 100 index gains 65 pointsThe US unemployment rate fell to 3.9% for the first time since 2000 as non-farm payrolls grew by 164,000 in April.Pearson tops the leader-board after it signals a return to growthUK equities finished the week on a high note, adding to meagre gains after an underwhelming US jobs report.The FTSE 100 closed at 7,567, up 65 points, with educational publisher Pearson plc (...Read More
MINING.com editor Frik Els sat down with the chair of the upcoming Resources for Future Generations conference (RFG2018), John Thompson, to discuss trends in mining like responsible sourcing, as well as the conference's drive towards educating consumers about resource issues. John Thompson is currently the Wold Family Professor in Environmental Balance for Human Sustainability at Cornell Universi...Read More
Russia's top steelmaker NLMK may be forced to close its U.S. division due to the impact on its business of tariffs introduced by the United States in March.NLMK has applied for an exemption from the tariffs, which the United States maintains are based on national security concerns, and expects a decision on the matter in June.In a letter to the U.S. Department of Commerce dated March 23, 2018, NLM...Read More
The nameless group confers "a hunting license" that lets an investor sit at the "big boy table and make high-level trades not available to stupid amateurs."Read full newsRead More
The nameless group confers "a hunting license" that lets an investor sit at the "big boy table and make high-level trades not available to stupid amateurs."Read full newsRead More