Need to know where to go in these turbulent times? Asset manager Chen Lin has some ideas with his top picks for the third quarter.Asset manager Chen Lin's picks for the third quarter are in, and they include an energy company, a silver miner, two silver ETFs, and several biotechs.He's also taking a victory lap on a pick from Q2 that is performing well.Chen said he has been eyeing the energy sector...Read More
The Russell 3000 is home to the top 3,000 U.S.-traded equities. One junior gold explorer with a significant land package in the Black Hills of South Dakota where the Homestake gold mine once produced more than 40 million oz gold has joined the Russell 3000 and the VanEck Junior Gold Miners ETF, better known as the GDXJ. Heady days for a company that started trading on the NYSE American exchang...Read More
While gold and silver prices have fluctuated somewhat oflate, both assets were performing a little more solidly throughout US tradinglast week. In fact, August gold futures were up by around $6.90 at$1,828.10 by Wednesday last week, while JulyComplex silver futures increased by $0.054 to $20.86 per ounceduring the same timeframe. However, the market remained watchful head of a highlyanticipated ce...Read More
Demand for crude oil is accelerating –a bullish sign for its prices. What may the current energy market environmentsay about the black gold’s outlook?AChinese Panda’s Appetite On the Asian continent, the lifting ofhealth restrictions in China could signal resuming oil demand for the world’stop consumer. Given the context of tight supply, this has partially triggered areboun...Read More
Gold stocks latest swoon confirms what has been stated and inferred in my previous articles about gold mining shares – namely, gold stocks are a lousy investment.The original article linked in the preceding paragraph was published in September 2016. I just finished reading it again and find no reason to edit or modify its contents.The price of gold peaked in the summer of 2016 – shortl...Read More
Let's not be confused by the temporaryUSDX weakness. Junior miners are faint and we can expect them to decline againsoon.Apriland May Replay? Although history doesn’t repeat itself tothe letter, it rhymes. At least that’s what tends to happen in the financialmarkets.In today’s analysis, I’ll explain why Ithink we’re about to see another example of the above in the cas...Read More
"...billions and billions and billions of ounces...it's all going to play into the new monetary system..."by Bix Weir of Road to RootaWe are being lied to by our Governments about who we are and why we are here. They control what you get to see and they decide what you get to understand. THEY need to be REMOVED if we want to return to become Free & Sovereign Individuals once again!Read More
Development and growth capex inflation, at around 40% annually, is as much as four times as operating costs inflation of around 6%-9%.Read More
ArcPacific said the mine had previously been incorrected plotted in the BC government's database and is "one of many" historic workings on the property.Read More
Blue Horseshoe Ventures launches their new capital-raising platformSPONSOREDblue horseshoe ventures pty limitedAdvancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesThe deal starts in 2025 and covers up to 600,000 pounds of U3O8 based on mark...Read More
News: Trading slowed following Vegas highs as US dealers head for vacation. Industry expects 3Q lull but remains optimistic for holiday season. Recession fears grow after US GDP shrinks 1.6% in 1Q. Polished prices declining amid weak economic outlook and rise in inventory. Russian rough shortages likely to impact polished supply in 2H. Traceable non-Russian diamonds expected to sell at ethical pr...Read More
The Jewelers Vigilance Committee (JVC) distributed this member alert on June 29, 2022.The US and Other G7 Nations Institute Ban on Imports of Russian Gold On June 26, 2022, President Biden along with the other members of the G7 announced together that they would collectively ban the importation of Russian gold in their countries.The G7 includes the U.S., Canada, France, Germany, Italy, J...Read More
RAPAPORT... De Beers Forevermark will require its partners to sell the brand's own jewelry designs in a strategic shift aimed at achieving greater consistency.Previously, Forevermark customers were able to select loose diamonds from the brand and place them in their own or third-party designs. The company's target for implementing the change is January 1, 2023, Charles Stanley, president of D...Read More
RAPAPORT... French auction house Artcurial will offer a 17.5-carat diamond at its upcoming Monaco Luxury week, where it expects the stone will realize up to EUR 1.5 million ($1.6 million).The emerald-cut, D-color mounted diamond will lead a series of three sales, that will take place on July 18, 19 and 20, Artcurial said Tuesday. A ring bearing a 12.39-carat, fancy-intense-yellow diamond flanked b...Read More
(IDEX Online) - David Gotlib is to replace Chaim Pluczenik as president of the Antwerp World Diamond Centre (AWDC), representing the interests of its 1,600 members. He will be assisted by Sahag Arslanian and Amish Jain, who were appointed as vice presidents. Mr Gotlib (pictured), of the IDRP Group, a third-generation diamantaire, said after his appointment: "Antwerp has again demonstrate...Read More
(IDEX Online ) - De Beers and the Botswana government have again delayed agreement on a new contract for the supply of rough diamonds. The sales agreement, which governs the Debswana joint venture between both parties, was extended by a year in December 2020 and was due to be renegotiated this month. The original delay was blamed on the Covid crisis. Diamond revenue accounts for a fi...Read More
(IDEX Online) - US rapper Kendrick Lamar has revealed that Tiffany & Co made the diamond-encrusted crown of thorns he wore for the cover of his new album.It was fashioned from 50 thorns, encrusted with over 137 carats of diamonds in the form of 8,000 cobblestone micro pav?? (C) diamonds, he told British Vogue magazineLamar, 35, wore the Jesus-inspired crown on the cover of his new album of Mr....Read More
Tech Talk will be available tomorrow July 1st and Monday July 4thPre-opening Comments for Thursday June 30thU.S. equity index futures were lower this morning. S&P 500 futures were down 41 points in pre-opening trade.Index futures recovered slightly following release of the May PCE Price Index at 8:30 AM EDT. Consensus was an annual increase of 6.6% versus a gain of 6.3% in April. Actual was a...Read More
West Africa-focused gold explorer Montage Gold (TSXV: MAU) has closed a financing of approximately $20 million to fund its acquisition and subsequent development of the Mankono-Siss?(C)dougou joint venture project in C??te d'Ivoire.The financing involves the private placement of roughly 28.6 million subscription receipts, each priced at $0.70 and convertible into one common share of the company. T...Read More
Osisko Development (TSXV: ODV; NYSE: ODV) has provided an initial open-pit resource estimate for the Sapuchi, Golfo de Oro, California, High Life and Calvario deposits at its San Antonio project in Sonora state, Mexico.Indicated resources total 14.9 million tonnes grading 1.2 grams gold per tonne and 2.9 grams silver for 576,000 oz. of gold and 1.4 million oz. of silver. An additional 16.6 million...Read More