The past 18 months have been difficult for precious metals investors. If you had known Donald Trump would be elected and the US Dollar would soon begin a nearly 15% decline, you would have expected Gold to blow past its 2016 high. You would have been shocked to see the gold miners and junior gold stocks trading lower. Gold has fared okay but the gold stocks and Silver have lagged. As US equities h...Read More

Inthe free analysis that we posted lastMonday,we warned that Friday’s session was likely to be volatile and tricky. Thisseems to have indeed been the case for silver. The white metal declined earlyin the day only to rally almost 40 cents from the initial low. In our previousalert, we discussed the possibility of silver topping at about $16.65 and thislevel was reached. Is silver about to tak...Read More

The analysis we have been conducting regarding the US and global markets shows one very interesting component that many people are overlooking – the pricing pressure in precious metals.  Our research team at Technical Traders Ltd. has attempted to understand and this pricing pressure in relation to the strong international demand exhibited by China, India, Russia, and others.The be...Read More

The small contrariangold-mining sector remains deeply out of favor, universally ignored.  Thus the gold stocks are largely driftinglistlessly, totally devoid of excitement. But that’s the best time to buy low, when few others care.  The gold stocks continue to form strongtechnical bases, paving the way for massive mean-reversion uplegs.  And they remain exceedingly cheap...Read More

Inthe previous edition of the Market Overview, we explored the fascinating history of bull and bear cycles in both the U.S. dollar and gold. Sincethen, the idea of cyclicity doesn’t lead me to drop off, disrupting my sleepcycles. Let’s then dig into the topic. We start with the business cycles, as inthe recent GoldNews Monitor we wrote that “we are in the late stages of the econo...Read More

RAPAPORT... India's polished-diamond exports grew slightly inFebruary, according to data from the nation's Gem & Jewellery ExportPromotion Council (GJEPC). Polished exports increased 0.5% year on year to $2.43 billionand, by volume, fell 6% to 3.1 million carats. The average price rose 6% to $791per carat. Polished imports dropped 12% year on year to $158.3 million,while net polished expo...Read More

RAPAPORT... De Beers and Mountain Province have signed a non-bindingagreement that opens the door to the two miners having shared ownership of the Kennady Diamonds project in Canada.The two companies are currently partners in the Gahcho Ku?(C) mine,with De Beers holding 51% and Mountain Province owning the remaining 49%. Thememorandum of understanding (MoU) recognizes the possibility for Moun...Read More

“So itbegins.” This is what King Theoden said right before the Battle of Helm’s Deepin the Lord of the Rings. Fortunately, the army of Uruk-hai doesn’t threatenthe kingdom of men. But something else – alsodreadful – endangers us. Trade wars.  Are TradeWars Good?President Trump shook the world last week, saying: “(…) trade wars are good, and eas...Read More

RAPAPORT...Alrosa's revenue and profit fell in 2017, due to a shift to lower-value rough-diamond sales, and a weaker dollar. Revenue for the year declined 14% to $4.68 billion (RUB269.71 billion), while profit slipped 41% to $1.36 billion (RUB 78.62 billion), the miner said last week.The company's diamond sales plunged 16% to $4.31 billion (RUB 248.31 billion).The miner derived its remaining reven...Read More

Long Term Elliott WaveAnalysisGold probably shows a complete patternof supercycle degree into 2011. Its first spike appeared during the US civilwar. We interpret that as cycle wave I. The subsequent period shows acorrection that lasted for half of a century. It fits the character of acomplex sideways correction. It ended roughly at the same time as the USeconomy started growing from the Great Depr...Read More

RAPAPORT... Tiffany's sales rose 9% to $1.33 billion in the fourth fiscal quarter, as Asian and US demand strengthened. Sales jumped 13% year on year to $320 million in the Asia-Pacificregion for the three months ending January 31, while revenue in the Americas increased5% to $619 million, the company said Friday. However, worldwide comparable-store sales - those atbranches open for at least...Read More

The precious metals sector continues to correct and consolidate. Gold remains in a bullish consolidation. It recently reached resistance again and even though it has failed to breakout, it remains above long-term moving averages which are sloping upward. However, the gold stocks and Silver remain in correction mode. They are trading below the long-term moving averages and at the lower end of their...Read More

(Kitco News) - First U.S. town bans bitcoin mining after residents complained of skyrocketing electricity bills.A small town of Plattsburgh, New York, said last week that it is slapping an 18-month moratorium on cryptocurrency mining “to protect and enhance the City's natural, historic, cultural and electrical resources.”The city council’s vote was unanimous and the fine for igno...Read More

The world's billet markets became uncertain last week, with sentiment starting to weaken amid higher availability of China-origin material and volatility in the East Asian country's domestic prices.Meanwhile, global scrap prices remained largely stable amid uncertainty about import tariffs in the United States and weakening demand for finished steel products.ChinaDomestic billet prices in the coun...Read More

Published on: Mar 15, 2018 | by Meagan EvansMarquee Resources Limited (ASX:MQR) today announced it has appointed the highly experienced Mr Paul Sarjeant to its Canadian in-country management team as General Manager of North American operations.For more than 25 years Sarjeant, P.Geo., has been involved in mineral exploration and development in North and South America and throughout Africa, Asia and...Read More

Lucky Friday workers together with their families and union leaders marched on Saturday in Mullan, Idaho, to commemorate the one-year anniversary of the strike they initiated on March 13, 2017, to push for better labour standards.Lucky Friday, owned by Hecla Mining Company (NYSE: HL), is Idaho Silver Valley's largest underground silver mine. It began operating in 1942 and is expected to have anoth...Read More

January profits from Egypt's sole gold-exporting mine are making headlines in the country.According to local media, the Sukari gold mine, which is owned in equal parts by Jersey-based Centamin (TSX:CEE) (LON:CEY)and the Egyptian Mineral Resource Authority, provided $14.4 million in revenues to the latter during the first month of 2018.Citing Centamin's Chairman of Mineral Exploration and Mining, Y...Read More

The U.S. Environmental Protection Agency sent a letter to the Michigan Department of Environmental Quality saying it was objecting to the state's wetlands permit for the Back Forty open-pit mine, located in the southern part of Michigan's Upper Peninsula along the Menominee River.The zinc, copper and gold project is being proposed by Toronto-based Aquila Resources (TSX: AQA) and it contemplates mi...Read More

Facebook started it - banning crypto/ICO ads on Jan 30th, then came Google - copying Facebook's ban on March 14h; and now, less than a week later, Twitter is virtue-signalling support for the crypto-crackdown, planning its own ban on ads.Read full newsRead More

Oil companies are eyeing dramatic adoption of EVs. But car manufacturers aren't planning for the same level of electrification.Read full newsRead More