By now you know that my swing trading approach is to focus on the 5-6 Month Intermediate Cycle Low (ICL) to establish positions. It seems that everything that I track has the 5-6 month low to low cycle. Sometimes the ICLs come sooner at 4 months or later at 7+ months but the average is 5-6 months.Everything also has a Yearly Cycle Low (YCL) which is nothing more than two 5-6 month ICLs. Cycles...Read More
By Michael J. KosaresWith such a solid end to 2017, it prompts the question what we might expect of gold in 2018. The most immediate question is whether or not it will pick up where it left off 2017 and continue its climb into the New Year, or fizzle and spend the year going sideways or worse, down. I have refrained from the perennial turn of the year prediction sweepstakes for a number years, b...Read More
LIMA, Jan 1 (Reuters) - Consumer prices in Peru rose 1.36 percent in 2017, down from an increase of 3.23 percent in full year 2016, according to data released on Sunday by the government's official statistics agency. (Reporting by Marco Aquino; Editing by David Gregorio) Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The auth...Read More
RAPAPORT... In a year of soaring stock prices, US retail shares largely underperformed in 2017 as consumers (and investors) abandoned traditional shopping channels in favor of e-commerce platforms. As a result, familiar names such as J.C. Penney, Macy's and Signet Jewelers slipped this year. So too did diamond-focused miners, amid fears of anexcess of rough-diamond supply and questions over t...Read More
(IDEX Online) - ALROSA has published a list of long-term clients for the new 2018-2020 contract period. From January 15 to January 19, the company's long-term clients will participate in the first trading session under the new long term contract, the miner said. The complete list of clients can be seen on ALROSA sales website at http://sales.alrosa.ru/rough-diamonds/long-term-contac...Read More
(IDEX Online News) - As in November, there were relatively few price changes in round diamonds in December but most of the changes were upwards, particularly for stones of around 0.70 carats to 2.00 carats. There were rises in a range of 0.40-0.44 carat and 1.00-1.24 carat diamonds. There were declines of 4 percent, in 0.18-0.22 carat stones in the SI1-SI2 category, as well as in 0.23-0.29 carat d...Read More
(IDEX Online) - ALROSA's Udachny Mining and Processing Division completed the removal last month of 75 tons of diamondiferous ore from Verkhnyaya Muna for the trial processing at Processing Plant No. 12 and recovered the first diamonds from the Verkhne-Munskoe deposit, the miner reported. The development of processing technology is required to prepare for the commercial launch of the...Read More
In a year-review post published on its official Facebook page, state-owned Singareni Collieries Company Limited announced that it expects coal production to touch 85 million tonnes per annum in the next five years as it plans to open up 12 new mines.The company's outlook is also based on the fact that during the fiscal year 2017 it produced close to 41 million tonnes of the black mineral. Only in...Read More
Four employees at the state-owned Zimbabwe Consolidated Diamond Company were found guilty of conniving to steal diamonds worth half a million dollars while replacing them with fake gems.According to local media, the main perpetrator of the crime, 34-year-old Anesu Dhliwayo, will remain in custody until January 12, following Harare magistrate Rumbidzai Mugwagwa's verdict that identified him as a fl...Read More
London-based Patagonia Gold (AIM:PGD) announced that it has signed a definitive agreement to acquire Pan American Silver's Calcatreu deposit, located 60 km south of the town of Ingeniero Jacobacci, in the Argentinian province of R?-o Negro.To move forward with the deal, Patagonia will acquire all shares of Minera Aquiline Argentina, a wholly-owned subsidiary of Pan American, for a total considerat...Read More
Scientists at the University of Tokyo's Institute of Industrial Science are using gold ions to understand the behaviour of liquids at the atomic level. This, in turn, would help them determine what are the needed components to design batteries with less volatility and flammability along with better conductivity for more energy efficient devices.In a study published in the past week in Science Adva...Read More
December 31, 2017 marked the end of an era for one of Canada's oldest and most prolific gold mines.After 107 years of operations, Porcupine Gold Mines' Dome underground mine in Timmins, Ontario, ceased operations due to aging infrastructure, low productivity and depleted resources. The minelife had been extended for 18 months in July 2016.According to a local news site, the mine's 140 workers had...Read More
Porter Stansberry, founder and editor of Stansberry Research, joins Jim for an enlivening conversation about the business and financial world at large. 1:33 What do people want to do with their money?5:08 1999 and today8:01 The bitcoin pitch12:48 Where is the value?James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of th...Read More
"We can have deflation and inflation at the same time. If all of this debt that has built up, especially for households, if they are allocating more of their income to servicing debt, then they have fewer dollars to spend on other things. So, you are going to have deflation and inflation at the same time."Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal R...Read More
Happy New Year! We always approach a new year with anticipation, hope, and also some worries. Last year was one of the strangest political years I have seen in some time. A new Republican president spent his first year pursuing more or less the same foreign policy as his Democratic predecessor and the Democratic Party spent the year looking under every rock in the US for a "Russian connection" or...Read More
Abedin forwarded passwords for her government laptop to her personal Yahoo account on Aug. 24, 2009, an email released by the State Department in September 2017 reveals.Continue...Read More
Gold's strength last year came even as U.S. equity markets rose to record levels and the Fed increased interest rates three times Continue...Read More
"One of the things about bitcoin and the cryptocurrencies is: is there really an unlimited supply? We're gold miners. Continue...Read More
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FOR ADMISSION, inquiry call us:- 01145646322, 9910300590Understand & Learn Analysis of Stocks & Commodities in Equity, Commodity & Currency Market by India's top Fundamental Analyst Mr. Kalyan Srinivasan. Learn How to read balance sheet BS & profit loss account P&L, Learn how to calculate the value of a share or company valuation.Visit us for our classroom courses on- http://www.nifm.in/Check out...Read More