All indications point to another gold run amid rising geopolitical tensions, tighter supply, central bank gold buying, Continue...Read More
"Gold still has upside potential. The economic recovery is heavily contingent upon government stimulus and the cushionContinue...Read More
Here are five Fastmarkets stories you might have missed on Friday April 23 that are worth another look.Global aluminium manufacturer and recycler Novelis has achieved Aluminium Stewardship Initiative (ASI) Performance Standard certification at seven of its European sites, ASI reported on Thursday April 22.Brazil's...Read More
Here are five Fastmarkets stories you might have missed on Friday April 23 that are worth another look.Global aluminium manufacturer and recycler Novelis has achieved Aluminium Stewardship Initiative (ASI) Performance Standard certification at seven of its European sites, ASI reported on Thursday April 22.Brazil's...Read More
All guns are blazing in Silver. Only a break of $24.68 to the downside opens up the possibility of lower lows again...by David Brady via Sprott MoneyTimeframes matter when it comes to analysis and possible outcomes. What do I mean by timeframes? I'll use Gold to explain, but this applies to all markets with the caveat that each analyst, trader, or investor has their own definitions of what these t...Read More
All these indicators, sky high premiums on silver coins and bars, demand forecasted to keep rising, and a rapidly falling gold silver ratio, are...by Peter Krauth via Streetwise ReportsSpot silver is trading around $26 per ounce...but you can't buy any at that price.Instead, you'll have to pay almost 50% more.That's right. If you want silver right now, you'll need to pay at least $35 per ounce.If...Read More
Retail silver buying is the blindspot that will catch banks by surprise and break the paper versus physical leverage...Keith Neumeyer with Patrick V. on Silver Bullion TVKeith Neumeyer - Unpredictable Retail Demand Will Break Paper vs Physical Silver MarketSBTV spoke with Keith Neumeyer, founder and CEO of First Majestic Silver. Keith believes retail silver buying is the blindspot that will catch...Read More
RAPAPORT... The Women's Jewelry Association (WJA) Foundation has launched a fund enabling members to gain an education in issues related to responsible sourcing."Now is the time to develop sustainability champions at every level of our industry to help create positive impacts on people, to protect the planet, and to move our businesses and industry forward," said Brandee Dallow, WJA Foundatio...Read More
RAPAPORT... US consumers are expected to spend a record amount on jewelry this Mother's Day in an effort to treat their loved ones after more than a year apart, according to the National Retail Federation (NRF)."There is a lot of consumer optimism around Mother's Day this year as more people are getting vaccinated and stimulus checks are being distributed," NRF CEO Matthew Shay said last week. "Fo...Read More
(IDEX Online) - Diamcor achieved an average $278 per carat in its second tender of the year, after Covid forced the closure of its mine.It said prices held firm, demonstrating its potential to generate "excellent" dollar per carat results from processing quarry material at the Krone-Endora mine at Venetia Project, in South Africa.The Canadian junior miner acquired the deposit from De Beers in Febr...Read More
(IDEX Online) - The company behind diamond "coins" for investors will embark on the automated purchase of about 50,000 gems on Tuesday.The coins (see picture) will be the world's first regulator-approved, exchange-traded, fungible diamond commodity offering. New York-based Diamond Standard is buying inventory to produce the first batch of 5,000 diamond standard coins, each containing "a...Read More
(IDEX Online) - A New York jeweler has been reunited with the 36 engagement rings he left behind on a train.An honest conductor on the Long Island Rail Road (LIRR) found the jewelry - worth $107,000 - and handed it in for police to return to the owner.Ed Eleasian, a Midtown jeweler, forgot the tray of the rings on a Thursday evening train between Manhattan and Port Washington.Conductor Jonathan Ye...Read More
April 21, 2021 -- New Gold Inc. ("New Gold" or the "Company") (TSX and NYSE American: NGD) today announces that three employees at the Rainy River Mine in...Read full newsRead More
April 21, 2021 -- New Gold Inc. ("New Gold" or the "Company") (TSX and NYSE American: NGD) today announces that three employees at the Rainy River Mine in...Read full newsRead More
NEW YORK, April 22, 2021 /PRNewswire via COMTEX/ --NEW YORK, April 22, 2021 /PRNewswire/ -- The gold market continued to climb back towards the USD 1,800 an...Read full newsRead More
The cryptocurrency bubble looks like it has finally popped and more downside could be on the way. Investors who made some money on the Bitcoin rally are now looking for new opportunities to invest the funds.How low could Bitcoin go?Bitcoin surged from US$6,000 in March 2020 to above US$60,000 on April 15, 2021. Profit taking and fears about new crypto regulations have triggered a sell-off. At the...Read More
It’s been more than a year since the pandemic-led market crash. The subsequent recovery was indeed remarkable one given the magnitude of the crisis and the economic damage. Interestingly, small-cap TSX stocks have substantially outperformed their larger counterparts in this rally.The TSX Composite Index surged almost 35% in the last 12 months while the small-caps at large soared more than 70...Read More
TSX stocks at large have gained 35% in the last 12 months. Markets look in great shape and might continue to soar higher amid the impending economic recovery. If you are sitting on some extra cash, here are three top TSX stocks to invest in for the longer term.National Bank of CanadaNational Bank (TSX:NA) stock has notably outperformed its bigger peers. NA stock is up 68% in the last 12 months, wh...Read More
A co-worker recently proposed an argument for gold using what statisticians call the Lindy Effect.What is the Lindy Effect?Well, the basic idea behind the Lindy Effect is that the life expectancy of some things is proportionate to their current age.In other words the longer something exists, the longer we should expect it to continue existing.Now, right off the bat you can probably think of a mill...Read More
Apr 26, 2021 Lithium miners Orocobre and Galaxy Resources merged this week in a A$4 billion deal to create the world's fifth largest global lithium chemicals company. The deal was highlighted by Mining Audiences Manager Michael McCrae on Kitco Roundtable, which was recorded on Friday with Kitco correspondent Paul Harris, editor Neils Christensen and special guest Stephen Twyerould, CEO of Excelsio...Read More