Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, f...Read More

SummaryFollowing the news continues to be useless.The bears have a downside set up in place.What the bulls need to do to make the bears fumble the ball.Do you think we will ever see a week of market moves associated with news events for which you will not shake your head?Week after week I think analysts say something so stupid that I just want to scream. As I have pointed out so many times over th...Read More

By Ed Steer10 March 2018 -- SaturdayYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price was sold quietly lower starting once trading began at 6:00 p.m. EST in New York on Thursday evening -- and by around 9:30 a.m. CST on their Friday morning, it was down about 5 bucks. It began to crawl slowly higher starting around 2 p.m. CST -- and that lasted until the noon silver fix in London...Read More

Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More

The U.S. exported a stunning amount of gold since the turn of the century. As the price of gold surged along with the massive increase in U.S. debt, gold exports jumped to record highs. In 2012 alone, the United States exported nearly 700 metric tons of gold. The total amount of U.S. net gold exports over the past 17 years equaled the combined gold reserves of six high ranking countries.Whil...Read More

By David HaggithBloomberg this week ran a story telling us how the smart money gets out of the stock market when it hits its all-time peak and how the dumb money helps the smart money out. Only they didn't know that was what they were writing. It typically happens this way:At the end of a deliriously euphoric market rally when the market is preparing to crash, all the Joe Sixpacks, mom and pop a...Read More

Looking at the market at the close of this week, apparently the "policy makers" have once again gotten a handle on the financial markets. In the Dow Jones BEV chart below it did correct 10%; but only for one day, February 8th, with the Dow Jones coming back since. It closed the week only 4.81% from its last all-time high of January 26th, and so could easily make a new BEV Zero in the days and week...Read More

By Steve St. AngeloThe U.S. exported a stunning amount of gold since the turn of the century. As the price of gold surged along with the massive increase in U.S. debt, gold exports jumped to record highs. In 2012 alone, the United States exported nearly 700 metric tons of gold. The total amount of U.S. net gold exports over the past 17 years equaled the combined gold reserves of six high r...Read More

In a world dominated by mobile capital, mobile capital is the comparative advantage. Defenders and critics of "free trade" and globalization tend to Continue...Read More

Gold's change for the week just past? A zip-zero-nada bona fide nuthin' burger. Well, ok, it did sport a net gain for the week of 30 ? having settled the prior Friday at 1323.7 and now yesterday at 1324.0. En route, price made both a "higher-low", but also a "lower-high", referred to by traders as an "inside week". Fairly riveting stuff, one has to say. Best have a bowl of soup and a nap.Speaking...Read More

The age of the American aircraft carrier's domination could be ending soon unless the U.S. creates defenses for the next generationContinue...Read More

Earlier this week, Congressional Democrats released a tax hike plan that they say they will implement if given majority control of the House and Senate Continue...Read More

Imagine the riches you would have if you discovered a way to turn lead, or dirt, or iron into pure goldContinue...Read More

The Prospectors & Developers Association of Canada said 2018's convention attendance hit 25,606, the best turn out since 2013.Attendance was still marginally better than last year, just up six percent from 24,161.The PDAC Convention in Toronto, arguably the world's largest annual mining convention, is a bellwether of the industry's health. Participants from 125 countries attend.Organizers said the...Read More

Chile's state-run mining company Codelco, the world's largest copper miner, signed a deal with Ecuador on Saturday for joint development of the Llurimagua copper project near Quito.The project could become the first mine Codelco operates abroad following years of efforts to expand internationally as much of the best-quality ore in Chile has already been mined."The project will wrap up advanced exp...Read More

Asection of the northern dam wall at the Cadia mine, located in the eastern Australian state of New South Wales, collapsed into the southern tailings dam on Friday releasing a slurry of finely ground rock, water and a low level of benign processing reagents.The information was provided by owner and operator Newcrest Mining (ASX:NCM), whose management issued a statement on Saturday saying that expe...Read More

RAPAPORT... Dominion Diamond Mines will integrate the Sarine DiamondJourney into its CanadaMark website, enabling consumers to track thedevelopment of their diamonds from mine to retail, Sarine Technologies saidrecently.The system was launched on the miner's website atthe Hong Kong International Jewellery Show earlier in March, providing imagesof the diamond through its journey along the supply ch...Read More

RAPAPORT... The Diamond Empowerment Fund (DEF) has received a $100,000grant for its "Diamonds Do Good" initiative, the group said last week. The JCK Industry Fund - which helped launch theprogram three years ago - has again provided funding for the campaign, aimed atinforming consumers about the industry's contributions to society. "Putting forward a positive narrative surrounding diamondsis esse...Read More

RAPAPORT... The National Museum in Prague has discovered a number of fakestones, including diamonds, sapphires and rubies, it saidlast week.The stones were found during an audit of the gemcollection while the museum was undergoing renovations. The Czech museum is remodelingin honor of the country's 100th anniversary, and will reopen inOctober, deputy director Michal Stehlik said in an interview wi...Read More

(Kitco News) - London’s $6.8 trillion-a-year gold market is ready for change, according to a Reuters report, which states that the city’s clearing house — the London Precious Metals Clearing Limited (LPMCL) — is making it easier for others to join.The LPMCL operates the London’s electronic clearing system, which is responsible for clearing and settling all bullion tra...Read More