As congressional Democrats call on the Justice Department to release the full Mueller report, we speak to Pulitzer Prize-winning journalists who have closely followed the probes into Russia's meddling in the 2016 election: Glenn Greenwald, a founding editor of The Intercept and a leading critic of the media coverage of alleged Russian collusion, and David Cay Johnston, formerly of The New York Tim...Read More
As someone whose website was slandered by the earliest manifestations of the hysterical Russiagate mob, I could go on and on now that's the whole spectacle's been disproven, but Continue...Read More
It's been a boring few years for gold miners in general and junior gold miners in particular. The metal has been in a trading range, capital has been relatively scarce, and Continue...Read More
China has acted as part of the life support system for the global economy during the past two decades. The other part being comprised of central banks. When the Tech Bubble Continue...Read More
Since last spring we've written over and over again about a Fed rate cut being the catalyst for a bull move in gold stocks.Continue...Read More
Boeing and the Federal Aviation Administration worked closelytogether to hustle a new passenger jet through the safety certificationprocess. The combined efforts to save time and cost, coupled with little senseof accountability, resulted in a tragic safety flaw. Now hundreds of passengers are dead, albeit in other countries.The public is finding the enormous trust placed in the manufacturer and th...Read More
Our researchers have been glued to Gold, Silver and the Precious Metals sector for many months. We believe the current setup in Gold is a once-in-a-lifetime opportunity for skilled traders to stake positions below $1300 before a potentially incredible upside price move. We’ve been alerting our members and follower to this opportunity since well before the October/December 2018 downside...Read More
There is a ratio chart, $Gold:$XAU, we haven’t looked at in quite awhile that has helped us in the past to locate some important turning points for the PM stocks. I’m not going to get into all the details tonight but this ratio chart shows you just how undervalued the $XAU or precious metals stocks in general are to gold itself. From the mid 1980’s to the 2008 GFC crash the horiz...Read More
By: Keith Weiner, Monetary MetalsLast week, I ranted about the problem with our monetary system and trajectory: falling interest rates is Keynes' evil genius plan to destroy civilization. This week, I continue the theme if in a more measured tone addressing the ideas predominant among the groups who are most likely to fight against Keynes' destructionism. They are: the capitalists, the gold bugs...Read More
StrengthsThe best performing metal this week was platinum, up 1.85 percent on Citi recommendation and hedge funds boosting the net long position in the past week. Gold traders and analysts are bullish again this week, according to the weekly Bloomberg survey, as the Federal Reserve adopted a more dovish tone and indicated it won't raise interest rates this year. Several countries went shopping f...Read More
By: RambusThere is a ratio chart, $Gold:$XAU, we haven't looked at in quite awhile that has helped us in the past to locate some important turning points for the PM stocks. I'm not going to get into all the details tonight but this ratio chart shows you just how undervalued the $XAU or precious metals stocks in general are to gold itself. From the mid 1980's to the 2008 GFC crash the horizontal...Read More
COLORADO SPRINGS, CO, March 25, 2019 (GLOBE NEWSWIRE) - Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced it has begun the initial stages of gold processing by applying and circulating leach solution to ore loaded on the heap leach pad at the Isabella Pearl Project, within its Nevada Mining Unit, located in Mineral County, Nevada. The Company not only remains...Read More
It's tempting to think last week's high at 2866.00 (click on inset) will mark the final gasp of an exceptionally powerful bear rally. If so, it will have occurred in a place where we might have expected Mr. Market to spring a nasty trap on bulls and bears alike. The latter would have thrown in the towel and covered short positions when the S&Ps broke out over the last two weeks above three des...Read More
Financial headlines around the world seem to have taken a liking to the phrase "global economic slowdown 2019." Everywhere you look, data about declining trade, failingcurrencies, or falling stock markets abound. Bloomberg, Forbes, BusinessInsider, CNBC, RT Business, and The Washington Post are just a few of the mainstreamsources now acknowledging that something is seriously wrong with the globalf...Read More
RAPAPORT... Diamond resources at Lucapa Diamond Company's Lulo alluvial mine in Lesotho are90% higher than it originally estimated, according to an independent valuation. Lulo has 80,400 carats remaining in the mine, according to a December 2018 study by external consulting company Z Star Mineral ResourceConsultants. That figure was reevaluated from a previous Lulo resource estimation conduct...Read More
RAPAPORT... Alrosa's newest mine could become one of the company's richest sources of large rough diamonds, recent testing has found. The Russia-based miner conducted experimentation, between March 11 to 15, at apreviously untested portion of the Zapolyarnaya pipe, located at its Verkhne-Munskoye deposit. The purpose of the testing was to determine thequantity, color, grade and per-carat...Read More
RAPAPORT... Luxury jeweler Graff is preparing to cut and polish the exceptional 13.33-carat Lesotho Pink that sold for $8.8 million in February. The company revealed this week that it bought the stone from Gem Diamonds at a tender in Antwerp. At $656,933 per carat, the sale was the highest average price for any rough diamond recovered at the Let??eng mine in Lesotho, Gem Diamonds sa...Read More
RAPAPORT... The American Gem Society (AGS) will honor three industryleaders at its Circle of Distinction dinner, it said last week. Alan Zimmer, CEO of Reeds Jewelers, will receive theLifetime Achievement Award. Zimmer's father opened Reeds in 1946, with the business now covering more than 50 store locations across the US. Caryl Capeci, president of Chow Tai Fook North America, andElliot Tann...Read More
Baselworld runs until March 26, 2019. And while the show has been and still is heavily criticized, there is also some good news. At the opening press conference, it was announced that in 2018, the Swiss Watch industry recorded a 6.3 percent increase in exports, and had reported a turnover of CHF 21.2 billion. But some already had made up their mind about this year's edition of the...Read More
The London Metal Exchange three-month base metals prices ran into follow-through selling on the morning of Monday March 25 following the weak economic data points released at the end of last week.Flash manufacturing purchasing managers’ index (PMI) data from the United States and Eurozone were disappointingly soft and underscored weakening global economic growth. The three-month nickel p...Read More