Recent News

The Incredibly Bullish Set-Up for Gold

October 18, 2018 / news.goldseek.com

Source: Michael J. Ballanger for Streetwise Reports 10/17/2018 Precious metals expert Michael Ballanger discusses the bullish set-up for gold and why he believes this time is different. -->For the first time in months, Fido the Wonder Dog has been in my office and at the foot of my bed 24/7 for the past few days giving me great solace that the current advance in precious metals prices is he...Read More

End of the World - Part One

October 18, 2018 / news.goldseek.com

Miles Franklin sponsored this article by Gary Christenson. The opinions are his.Predicting the end of the world, physical or financial, is seldom helpful. If the prediction is correct, how do you profit from the insight? If the prediction is wrong and the "end of the world" is delayed (typical), you lose credibility.An estimate of risk versus reward based on an analysis of current information is...Read More

The Weighted Average Cost Of Capital

October 18, 2018 / news.goldseek.com

When it goes up, prices go down. It's going up... By Adam TaggartThis is a revisitation of a report I wrote back in late 2016, predicting the imminent end of zero-bound interest rates and warning of the downward pressure that rising rates, mathematically, must place on today's elevated asset prices.Since the publication of that report, interest rates have indeed vaulted higher. Look at how the...Read More

Gold Would Not Enjoy That FOMC Is Going More Restrictive

October 18, 2018 / news.goldseek.com

"Policy would need to become modestly restrictive for a time." This is the key quote from the recent FOMC minutes. This is not a reason for gold's joy. Fed Is Becoming More Hawkish Yesterday, the Fed released minutes from the recent FOMC meeting. As everyone knows, the Committee hiked interest rates by another 25 basis points in September. But what about the future stance? Well, the minutes si...Read More

Are You An Investor Being Set Up For The Slaughter?

October 18, 2018 / news.goldseek.com

By Avi GilburtFor many years, I have been a staunch bull. In fact, many commenters and contributors on Seeking Alpha and MarketWatch were quite vocal regarding how they thought I was crazy back in 2016 for expecting the market to go from 1800 to over 2600SPX, and potentially up through 3000. Needless to say, many of them remained bearish throughout that rally. When many were extremely bearish i...Read More

How Do You Sell Your Vaulted Gold When the Internet Goes Down?

October 18, 2018 / news.goldseek.com

- Do you own gold in the safest way possible?- Do you own gold via an exchange traded fund, a digital gold provider or another form of pooled gold?- Have you ever thought about how you would sell or access your gold if the internet went down or if your gold provider became compromised or un-contactable?- In this episode of the Goldnomics Podcast, we discuss how Direct Access Gold ensures liqu...Read More

Gold Seeker Closing Report: Gold Gains While Stocks Fall Markedly

October 18, 2018 / news.goldseek.com

 CloseGain/LossGold $1225.10+$1.30Silver$14.57-$0.06XAU70.05+0.28%HUI155.48+0.16%GDM556.39+0.27%JSE Gold1198.81+8.42USD95.97+0.39Euro114.59-0.46Yen89.37+0.02Oil$68.65-$1.1010-Year3.182%-0.009T-Bond138.00+0.09375Dow25379.45-1.27%Nasdaq7485.14-2.06%S&P2768.78-1.44%  The Metals: Gold dipped $5.10 to $1218.70 in Asia, but it then chopped back higher in London and New York and e...Read More

Rapaport Weekly Market Comment

October 18, 2018 / www.diamonds.net

Melee weakand prices softening as rupee depreciation (-8% in three months to INR 73.53/$1on Oct. 18) impacts Indian demand. Threat of undisclosed synthetics alsoinfluencing jewelers to avoid melee inventory. US orders and memo for 0.70 to1.99 ct. diamonds supporting the market. Sears files for bankruptcy,highlighting need for retailers to innovate, improve in-store and onlinecustomer engagement, a...Read More

India: Small-Diamond Demand Weak

October 18, 2018 / www.diamonds.net

Drop in sentiment amid rupee depreciation and Surat bankruptcy rumors.Small-scale manufacturers under pressure as domestic demand for under-0.25 ct. goodsdeclines. Steady US interest in SI-I1 diamonds. Fewer foreign dealers in themarket than during last week's Bharat Diamond Bourse buying event. Jewelerscautious ahead of Diwali festival as weak rupee inflates gold prices. RoundRead More

Three Las Vegas Shows Partner for June Events

October 18, 2018 / www.diamonds.net

RAPAPORT... Three major Las Vegas trade shows have joined forces to holdtheir 2019 exhibitions at the same location to make attendance easier forbuyers. The American Gem Trade Association (AGTA) Gem Fair, the LasVegas Antique Jewelry and Watch Show, and Premier will all take place atthe Las Vegas Convention Center (LVCC) from May 30 to June 3, the organizers ofthe events said Wednesday. Visit...Read More

Christie's to Sell 24ct. Marilyn Monroe Diamond

October 18, 2018 / www.diamonds.net

RAPAPORT... Christie's is set to auction a 24-carat diamond necklace thatMarilyn Monroe wore for the premiere of her 1953 movie Gentlemen Prefer Blondes.The fancy-yellow, VS2-clarity Moon of Baroda - which originated from the famous Galcondamine that also produced the Hope Diamond - is estimated at $500,000 to$750,000. Christie's will also auction an autographed photo of the actressweari...Read More

Israel Trade Signs Alibaba Consumer Deal

October 18, 2018 / www.diamonds.net

RAPAPORT... The Israel Diamond Exchange (IDE) has expanded its collaborationwith Alibaba by introducing sales directly to Chinese consumers. Israeli diamonds will be available as loose stones on Ali Auction, the Asian e-commercegiant's luxury platform, the IDE said Wednesday. The bourse will launch theventure at the inaugural China International Import Expo in Shanghai in earlyNovember. The n...Read More

Israel Diamond Week At DDC Kicks Off Pre-Holiday Season

October 18, 2018 / www.idexonline.com

(IDEX Online) - This week the Diamond Dealers Club (DDC) welcomed the Israel Diamond Exchange and its members for the fall edition of Israel Diamond Week at the DDC.   As in the past, members of both bourses exhibited their goods on the DDC trading floor, now located at 50 West 47th Street.   Reports of the week have indicated an increase in business sales and opportunities due to the s...Read More

IDE Expands Partnership with Alibaba, Launching Venture at CIIE in Shanghai

October 18, 2018 / www.idexonline.com

(IDEX Online) - Israeli diamonds will now be offered for sale directly to Chinese consumers on Alibaba's luxury platform, Ali Auction (paimai.taobao.com).   The Israel Diamond Exchange (IDE), which has been working with Alibaba.com for the past year on B2B diamond sales, is expanding its activity in the Chinese market through this prestigious ecommerce site. IDE is the only diamond center to...Read More

Getting Africa fit for the future requires good governance - Africa Forum

October 18, 2018 / www.miningweekly.com

Law firm Hogan Lovells Africa head and partner Andrew Skipper on Thursday opened the firm’s Africa Forum conference by stating that, in Africa, there is an understandable combination of optimism and scepticism, but stressed that the available opportunities were enormous.“Currency, corruption and certainty need to change; it is often not happening fast enough, but until that is sorted o...Read More

South African slump batters smaller neighbours protecting rand peg

October 18, 2018 / www.miningweekly.com

South Africans aren’t the only ones struggling through the country’s economic slump.The fortunes of Lesotho, Namibia, and eSwatini, formerly known as Swaziland, are beholden to developments in their larger neighbour with their exchange rates pegged to the rand, the worst-performing major currency against the dollar this year. The three nations, together with Botswana, also derive reven...Read More

Stock Market Correction Echoes of 2016 Election

October 18, 2018 / www.financialsense.com

Originally posted at ExecSpec.netThe October correction phase will continue until election day and beyond should Trump lose control of Congress to his rivals with echoes of the 2016 election uncertainty saga.On 09-28-18, three days prior to the the record stock market peak on October 3rd, our newsletter warned of an October correction parallel to 2016. The common characteristic being the fever-pit...Read More

5 Signs You're Trapped: How to Escape the "Employee Setup"

October 18, 2018 / dailyreckoning.com

If you're like me, you were taught that the way to make money was to get a job. I was programmed to be an employee. If you went through the American education system, you were probably programmed the same way. "Go to school, get a good job," and later, we were all told, "Invest in a 401(k)." That was and still is the American dream being shoved down the throats of students.That advice might have...Read More

$400 Oil... Is Not That Far-Fetched

October 18, 2018 / dailyreckoning.com

For half a century it has been an act considered completely off limits...A taboo subject...Too dangerous to even mention.Leave it to the world’s most dangerous man to change all of that.Saudi Crown Prince Mohammed bin Salman (MBS) is the de facto ruler of Saudi Arabia. His father is the actual king, but he is in poor health and everyone knows that the Crown Prince is running the show.For mon...Read More

Wolf forced to pay the piper

October 18, 2018 / www.mining-journal.com

One simple solution to optimize your underground operationSPONSOREDkomatsuKin reshaping path towards developmentSPONSOREDkin mining nlKasbah on cusp of tin riches at world-class AchmmachSPONSOREDkasbah resourcesNew thinking carves out strong zinc position for Europa MetalsSPONSOREDeuropa metalsDespite being a banker and one-time analyst, I have to confess cash management was never my strong suit.&...Read More

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