Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
We are at the low point of silver...by Bix Weir of Road to RootaALERT! 1.4B Oz of Physical Silver Shifted to LBMA Delivery in 12 Months...WHO Took It?! (Bix Weir)The Physical Delivery of Silver does not happen on the COMEX anymore...up to 90% of it is transferred over to the LBMA in "Exchange for Physical" filings. Over they last 12 months about 1.4 Billion Ounces of Silver were transferred in EFP...Read More
Lumina raised C$24 million in October 2021 which it is using for a 30,000m drilling programme to take both pits to the indicated and measured resource categories to use in a pre-feasibility studyRead More
The company said the results indicate that the limits and centre of Vizcachitas deposit are not yet known. An additional 3,300m of core are awaiting assay results at this time.Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discovery"The EV market, for example, requires a significant amount of minerals and metals, many of which are found in abundance in Africa," Zubai...Read More
RAPAPORT... A 76.46-carat diamond necklace is expected to fetch up to $6 million at the upcoming Christie's New York Magnificent Jewels sale.The piece features a heart brilliant-cut, D-color, VVS2-clarity, type IIa diamond center stone, accompanied by 46 stones of the same shape ranging from 0.46 to 3.03 carats. It will be one of the top items at the June 8 jewelry auction, Christie's said last we...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discovery"We are making good progress and we're looking at potential to accelerate Jansen Stage 1 first production into 2026," Henry said. This wo...Read More
RAPAPORT... With Covid-19 and the war in Ukraine dominating headlines in recent years, it's easy to forget that undisclosed synthetics once ranked among the biggest threats facing the diamond industry. But while the number of cases may have dropped, the threat of fraudsters mixing lab-grown in parcels of natural remains, notes Trevor Poulter, product group manager for identification and classifica...Read More
RAPAPORT... The Russia crisis and India's summer break have led to a moderate drop in manufacturing that is likely to intensify in the coming months, Sarine Technologies said after reporting a decline in first-quarter sales."I'm not sure [I] can say there is a significant slowdown, but there is a slowdown, part of it probably because of the vacation, part of it because of Russian goods," Sari...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryAnother own goal, this time by the entire Western world, is how complacent we've been in allowing China to dominate the lithium-ion batte...Read More
(IDEX Online) - Sanctions on Russian diamonds could force jewelers to amend their designs, say De Beers boss Bruce Cleaver, as they struggle to source enough melee.Alrosa, part-owned by the Russian government, produces a disproportionate percentage of the world's stones under 0.2-cts (the GIA's definition of melee).As a result, designers may have to find other ways to accentuate the larg...Read More
"If there's a decline in copper prices, my belief is that it will be short-lived, because we really do have big deficits on the horizon and markets are tight now [with] relatively low levels ofRead More
Base metal prices on the London Metal Exchange were mainly firmer on the morning of Tuesday May 17 the exception being tin. Those on the Shanghai Futures Exchange were more mixed. The slide in Chinas renminbi yuan has halted for now, as has the dollars climb Chinas industrial production fell by 2.9% in April US Empire State manufacturing index double dipp...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryThe owner of a string of firms including electric vehicle maker Tesla warned of up to 18 months of economically difficult times.Read More
U.S. equity index futures were higher this morning. S&P 500 Index futures advanced 54 points in pre-opening trade.Index futures were virtually unchanged following release of U.S. April Retail Sales at 8:30 AM EDT. Consensus was an increase of 1.0% versus a gain of 0.7% in March. Actual was.a gain of 0.9%. Excluding auto sales, April Retail Sales were expected to increase 0.4% versus a gain of...Read More
Investors don't need to be told about the recent stock market crashes. The Dow Jones index is down 12.5% since early January. The S&P 500 is down 16.1% in the same period. The Nasdaq Composite is down an even more spectacular 26.5% this year. It lost more ground today.This puts the Nasdaq solidly into a bear market (down 20% or more from an interim peak) while the Dow and S&P 500 are both...Read More
Oh for the good old days of a nice, clean housing bubble and bust as in 2004-2011...Subprime lending expanded the pool of buyers, liar loans and loose credit created speculative leverage, the Federal Reserve provided excessive liquidity and the watchdogs of the industry were either induced (ahem) to look away or dozed off in a haze of gross incompetence.The bubble burst was also straightforward: u...Read More
Think for a moment of other failed experiments in human history. One that comes to mind is the Bolshevik Revolution. Its leader, Vladimir Lenin, never really expected to take power, much less be put in charge of implementing the system he had spent a career promoting.He was asked to speak to what communism would mean. He fished around and came up with the idea of electrification of Russia.It didn'...Read More
Yesterday was a day of spin, with every regime apologist assuring the public that inflation is getting better. Just look at the wonderful trend line! In the footnotes, you find the truth: It was a tiny drop and mostly for technical reasons and the main reason for the drop has already disappeared from the price trends.And today, the spin continues: Yes, inflation will vex us for a bit more time but...Read More
The administration requested $33 billion to aid the nation of Ukraine. But Congress steeled its spine, summoned its nerve, recalled itself to its responsibilities... and refused the plea.A hulking majority of congressmen - a "bipartisan" majority - insisted that the $33 billion appropriation was unacceptable.And so they authorized a $40 billion "deal" instead. That is, they authorized $7 billion b...Read More
It was another bloodbath on Wall Street today, as the three major indexes took another beating.Both the Dow and S&P are well into correction territory (down 10% or more from recent highs).The rate-sensitive Nasdaq lost over 4% today. It's now mired in an official bear market (down 20% from its most recent highs), which will likely get worse before it gets better.Markets will have their good da...Read More