CloseGain/LossGold $1201.50-$8.40Silver$14.01-$0.16XAU62.65-2.36%HUI140.33-2.15%GDM519.17-2.03%JSE Gold1096.10-2.01USD97.59+0.69Euro112.21-1.18Yen87.97-0.06Oil$59.93-$0.2610-Year3.184%-0.006T-Bond138.53125+0.625Dow25387.18-2.32%Nasdaq7200.87-2.78%S&P2726.22-1.97%  The Metals: Gold fell $5.90 to $1204.00 in Asia before it rebounded in London, but it then fell to a new sessi...Read More

By Ira EpsteinDollar killer!https://www.iraepstein.com/ Read More

By Ed Steer10 November 2018 -- SaturdayYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price was sold quietly lower until around noon China Standard Time on their Friday. It crawled quietly higher from there until a few minutes after the London open -- and then it crawled equally quietly lower until the COMEX open. Then the spoofing and algo spinning began -- and the low tick of th...Read More

By Clint SiegnerGold and silver investors got a rare bit of good news on the enforcement front last week.A trader from JPMorgan Chase pled guilty to rigging the precious metals futures markets.John Edmonds admitted to cheating the bank's clients and plenty of other people naive enough to expect fair treatment on the COMEX and other exchanges.While this is by no means the first time a banker has...Read More

By Frank HolmesStrengthsThe best performing metal this week was palladium, down 0.17 percent as hedge funds boosted their net bullish position to an eight-month high. October was a stellar month for gold after several months of losses. Holdings in gold-backed ETFs rose globally by 16.5 tonnes as the yellow metal benefitted from flight-to-safety investment flows tracking global stock markets, wri...Read More

Here are two long-term charts illustrating the annual rate at which gold is extracted from the ground. The second of these charts shows why mine production can be ignored when trying to understand what happened to the gold price over the preceding few years or figure out what's likely to happen to the gold price over the next few years.The first chart shows the amount of gold produced by the glo...Read More

By Alasdair MacleodWe are getting ahead of ourselves here. Gold does not circulate as money - yet. It might never do so. Perhaps the end of government currency, fiat money imposed on us by government laws, may never be replaced by what for millennia has been the people's money, gold. Do we even wish it? Given what we have to do to get there, probably not.It is hard to think of a life without Nan...Read More

TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.comTwitter: @Davcha12November 12, 2018 "The stock market is a device to transfer money from the impatient to the patient" Warren Buffett, American businessman, investor, philanthropist, the "Sage of Omaha", Chairman and CEO Berkshire Hathaway "Thousands of experts s...Read More

Silver just moved to its 2018 bottom. Not somewhat above it, not relatively close to it - silver's Friday's close of $14.14 equals the previous lowest closing price of 2018 that was formed on September 14th. That's not yet a breakdown, but the implications are severe. Silver's Move to the 2018 Bottom Silver's decline means breakdowns (on big volume) below the October lows and the rising red...Read More

Yesterday an entire California town burned down. Paridise, CA has (had) 27,000 residents and over 1,000 buildings, and now it's pretty . That fire and several others are still expanding across the state, threatening tens of thousands of homes. The sets of the TV show WestWorld are gone. Malibu has been evacuated. And dry, windy conditions persist, so the story is nowhere near over. If this sound...Read More

Gold needs to trade over $1205 to prevent a crash. Silver needs to trade over $1402 to prevent a crash. Direction of the US dollar will be the key. Crude oil should rise as oil producing nations prepare for oil production cuts. It seems crude oil producing nations want the average nymex crude oil price to be over $66. Over shooting will happen whenever there is more global demand like the Chri...Read More

 CloseGain/LossGold $1201.50-$8.40Silver$14.01-$0.16XAU62.65-2.36%HUI140.33-2.15%GDM519.17-2.03%JSE Gold1096.10-2.01USD97.59+0.69Euro112.21-1.18Yen87.97-0.06Oil$59.93-$0.2610-Year3.184%-0.006T-Bond138.53125+0.625Dow25387.18-2.32%Nasdaq7200.87-2.78%S&P2726.22-1.97%  The Metals: Gold fell $5.90 to $1204.00 in Asia before it rebounded in London, but it then fell to a new sessi...Read More

Silver bulls often tussle over whether to buy silver bullion for the long term or to speculate in silver mining stocks for potential silver price outperformance.Here we cover some of the key differences between the two as well close with data comparing silver mining stock performance vs silver bullion since the middle 1980s to today.We will begin this content with a broad generalization.You buy a...Read More

RAPAPORT... Graff Diamonds has showcased the first of more than 60diamonds it plans to polish from the 1,109-carat Lesedi La Rona rough stone itbought last year. Each diamond will have D color and "exceptional" clarity,Graff said Monday. The company's gemologists and craftsmen spent more than ayear analyzing the rough stone, which it bought from Lucara Diamond Corp. for $53million in September 201...Read More

RAPAPORT... Sales at Sarine Technologies rose in the third quarterdespite difficult trading conditions, the equipment maker said. Revenue grew 3.7% year on year to $11.7 million for thethree months ending September 30 as the company sold a larger number of Galaxymapping machines. Net profit jumped to $269,000 versus a loss of $530,000 ayear ago due to improved cost management and lower operating e...Read More

RAPAPORT... Rio Tinto broke records at its 2018 Argyle Pink DiamondsTender as a 2.28-carat stone became the most valuable in the event's 34-yearhistory, the miner said. The fancy-purplish-red Argyle Muse was the top seller at thetender, going to an unnamed buyer for an undisclosed amount, Rio Tinto said lastweek. In addition, the Argyle Alpha, an emerald-cut, 3.14-carat diamond, set arecord a...Read More

RAPAPORT... Alrosa's sales dropped 28% year on year to $242.8 million inOctober amid weaker demand for smaller rough stones and a slowdown in theIndian market. Indian demand fell due to the depreciation of the rupee andtighter bank credit for manufacturers, the miner explained. "A number of minorbankruptcies" in India had a negative impact on the sector, while the period was also seasonally weak d...Read More

The Dubai Diamond Exchange (DDE) and Stargems Group have completed six rough diamond tenders of Anhui-Congo Mining Investment Company goods, with over two-million carats sold.The tenders were held at the Almas Tower with around 200 diamond companies in attendance and were facilitated by the DDE in a secure, transparent and regulated environment.AdvertisementDDE parent company, the Dubai Multi Comm...Read More

(IDEX Online) - Sarine Technologies reported that group revenue rose 4% to US$11.7 million and net profit improved to US$0.3 million in Q3 2018 despite cyclical weakness in the diamond polishing midstream.   Highlights in the report include:   The Group delivered 13 Galaxy family systems to customers in Q3 2018 and expanded total installed base to 390 as of 30 September 2018 Backed by...Read More

RAPAPORT... The Central African Republic (CAR) is hoping this week's Kimberley Process (KP) meeting will help raise its rough-diamond exports. Mining Minister Leopold Mboli Fatran is appealing to the KP to approve nine additional zones from which the CAR can export production, in addition to the five areas that were approved in 2015. This would enable the country to attract investors to refor...Read More