Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
GoGold Resources Inc. (TSX: GGD, OTCQX: GLGDF) is a Canadian-based silver and gold producer, focused on operating, developing, exploring and acquiring high-quality projects in Mexico. GoGold operates the Parral Tailings mine, in the state of Chihuahua and has the Los Ricos South and Los Ricos North exploration projects in the state of Jalisco. We learned from Bradley Langille, President and CEO of...Read More
Here are five Fastmarkets stories you might have missed on Friday December 11 that are worth another look.ArcelorMittal restarted blast furnace No2 at its Dunkirk operations in northern France this week, in a bid to increase hot-rolled coil output to meet growing demand, the company said.Waiting...Read More
The Critical Investor takes an in-depth look at this explorer, noting it has raised funding, has new management, owns significant gold assets, and is looking for much more in British Columbia. Cassiar Gold project; British Columbia1. IntroductionAfter exploring and evaluating their Kootenay Arc-based zinc and gold projects in 2017 and 2018, results were disappointing for Cassiar Gold Corp.'s (GL...Read More
Troilus Gold also reported that it expanded the Beyan Zone 600 meters after recording a 12 g/t Au outcrop sample. Beyan areaIn a news release, Troilus Gold Corp. (TLG:TSX; CHXMF:OTCQB) announced "the remaining results from its 2020 regional exploration program on its 100%-owned, 107,300 hectare Troilus Gold property, located within the Fr?tet-Evans Greenstone Belt in north central Quebec."The fir...Read More
The question on everyone’s mind is:when is it a good time to buy some gold or silver after they bottom? The answerto that question is simple: when key triggers are met. Count-trend rallies ingold or silver don’t mean that they have enough energy and momentum to keepclimbing. Miners also don’t have enough strength to lead the way in a freshclimb upwards for the PMs, so everything...Read More
Here are five Fastmarkets stories you might have missed on Friday December 11 that are worth another look.ArcelorMittal restarted blast furnace No2 at its Dunkirk operations in northern France this week, in a bid to increase hot-rolled coil output to meet growing demand, the company said.Waiting...Read More
Here are five Fastmarkets stories you might have missed on Friday December 11 that are worth another look.ArcelorMittal restarted blast furnace No2 at its Dunkirk operations in northern France this week, in a bid to increase hot-rolled coil output to meet growing demand, the company said.Waiting...Read More
RAPAPORT... The New York diamond district will take center stage in the first episode of a new CNBC miniseries that spotlights America's business cultures.Street of Dreams with Marcus Lemonis is a five-episode series that highlights the stories of the entrepreneurs and unique industries that define America's most iconic streets, NBC Universal, owner of CNBC, said last week. In the first episo...Read More
RAPAPORT... De Beers has trimmed its production plan for the next two years, aiming to avoid releasing too much rough into the market as the diamond sector attempts to exit the crisis that dominated 2020.The miner expects to unearth 33 million to 35 million carats in 2021, down from its previous forecast of 34 million to 36 million carats, parent company Anglo American said Friday in a presen...Read More
RAPAPORT... E-commerce spending in the US spiked in the week following Cyber Monday, as shoppers raced to make holiday purchases prior to the predicted rise in shipping costs, according to Adobe Analytics.Online sales jumped 49% year on year from December 1 to 9, with consumers buying before December 11, when vendors generally raise shipping charges for those who want their gifts by Christmas, Ado...Read More
RAPAPORT... An emerald and diamond ring was the top lot at the Magnificent Jewels sale at Sotheby's in New York, fetching nearly four times its presale valuation.The square emerald-cut, 21.86-carat stone, flanked by baguette diamonds, brought in $3.7 million against a high estimate of $1 million, the auction house said last week. The piece was one of 29 up for sale from the collection of philanthr...Read More
(IDEX Online) - Distiller Jack Daniel's has launched a range of men's wedding rings, incorporating wood from the oak barrels used to age its whiskey, and costing up to $5,000.It is partnering with Manly Bands, which already offers a range of over 300 rings made from damascus steel, antler, meteorite, tungsten, dinosaur bone and other non-traditional materials.The range of 17 rings in the...Read More
(IDEX Online) - Sales of diamond jewelry in India are recovering and could reach 85 per cent of last year, despite the pandemic, says De Beers.A surge over the Diwali period, together with strong performances early in 2020 before COVID-19 hit, will largely make up for the second-quarter "washout", said De Beers India managing director Sachin Jain."We saw very high surge in number of consumers with...Read More
(IDEX Online) - The cost of crime against jewelers in the US almost doubled in 2019.But the actual number of thefts, burglaries and robberies was virtually unchanged at 1,438, indicating a steep rise in the value of goods taken in each crime.The total cost last year was ?, ?101m, up 89 per cent, according to the Jewelers Security Alliance's (JSA) Annual Crime Report.The average loss from soph...Read More
Hit the road for an adventure with access to Outdoorsy's RV rental marketplace in Canada and the US, where it connects RV owners with campers.Read full newsRead More
Demand for commodities, tangible assets and the companies that mine, manufacture and transport them is about to blow sky-high predicts, Steen Jakobsen.Read full newsRead More
The headlong rush for that gold is one of the ugliest market forces in the world.Read full newsRead More
Warren Buffett has a long track record of using share price declines, such as those experienced during a stock market crash, to his advantage. He has often used deteriorating market prospects to buy high-quality stocks at low prices. By holding them for the long run, he has generated impressive returns over a sustained period of time.Therefore, while the rising Bitcoin and gold prices may seem app...Read More
Gold stocks sold off in recent weeks amid a wave of positive COVID vaccine announcements. Value investors with a contrarian investing strategy are wondering if this is a good time to add gold miners to their portfolios.Gold price outlookAt the time of writing gold trades near US$1,840 per ounce. That’s down from the August high around US$2,080. The pullback over the past four months has been...Read More
Dec 14, 2020 Guest(s): Rick Rule President & CEO, Sprott U.S. Holdings Gold investors are prone to making common mistakes that can be detrimental to a portfolio, including excessive diversification, picking companies that don't adhere to an investment objective, and not sticking with management teams with proven track records, said Rick Rule, president of Sprott U.S."If I had just hung out with...Read More